Plus, global digital health funding soars to $57.2B
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Today's Rundown

Featured Story

Gilead pulls 2 cancer accelerated approvals as changing lymphoma landscape disrupts confirmatory trial

Back in 2014, Gilead Sciences’ Zydelig became the first PI3K inhibitor cleared by the FDA for certain B-cell blood cancers. Fast forward to today, and the company has found itself withdrawing two indications gained under the accelerated approval pathway as more treatments have become available.

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Top Stories

1b, or not 1b: FDA hits Viking with clinical hold over mix-up in phase of rare disease trial

Viking Therapeutics thought it was running a phase 1b clinical trial. The FDA thought otherwise, leading it to slap a clinical hold on the metabolic disorder study while Viking does the preclinical work needed to enter phase 2. 

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Global digital health funding skyrockets to $57.2B with record cash for mental health, telehealth

Digital health investment around the world hit an all-time high of $57.2 billion in funding in 2021, fueled by the growing need to provide digital solutions and delivery models to patients during the pandemic.

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Casana lands $30M to take its heart-scanning smart toilet seat to the FDA

Casana aims to provide people with a regular heart health scan without intruding on their daily routine, with electronic sensors for logging heart rate and blood pressure built directly into the cushion.

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Does the world need more COVID-19 vaccines? These companies think there's still room for improvement

The ultimate COVID-19 vaccine will be able to tackle all emerging coronavirus strains, easy to store and quick to manufacture. And yes, there's still time for the stragglers who were beaten to the punch by Pfizer, BioNTech and Moderna—at least according to the companies still trying to get in line.

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Philips prepares for rocky start to 2022 after ventilator recall knocks €719M off 2021 income

Recovery from Philips’ difficult 2021 will require at least static sales growth, since, for the full year, the company reported a year-over-year sales decline of 1%.

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With omicron on the prowl, FDA extends inspection pause into February

The FDA has extended its pause on certain inspection activities as it keeps tabs on the COVID-19 pandemic and the spread of omicron, the regulator said late last week. While the agency will continue to perform mission-critical inspections at home and abroad, the FDA is drawing out the pause on domestic surveillance inspections through Feb. 4, with the goal to restart those activities “as soon as safely possible.”

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Medtronic snags another Class I recall, this time for its artery-clearing HawkOne system

The recall, launched by the medtech giant in early December 2021, covers more than 95,000 devices distributed in the U.S. since 2018.

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Merck's chronic cough med gets a nay from FDA, potentially clearing first-to-market path for Bellus

The FDA rejected Merck's chronic cough treatment, potentially setting up more breathing room for competitor Bellus Health in a first-to-market battle. 

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FDA authorizes Mammoth Bio’s high-throughput CRISPR test for COVID-19

While Mammoth has focused on tailoring its reagents to react with the coronavirus’ genome, Agilent has worked to deliver high-speed liquid handling hardware with its Bravo BenchCel DB workstation platform.

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Cigna study: Virtual care can reduce unnecessary ER, urgent care visits by 19%

Integrating virtual care can save the healthcare system significant amounts of money, as well as avoid unnecessary visits to the emergency department or urgent care center, according to a new study from Cigna.

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On second thought, Oncopeptides decides not to give up on Pepaxto in the U.S., but won't say why

Oncopeptides has changed its mind. Just three months ago, the company said it would pull its multiple myeloma treatment Pepaxto off the market and completely restructure. Now it says it's keeping its bid for full FDA approval alive—and it's not explaining why.

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The eviction moratorium in New York has ended. Here's how one practice is prepared to serve affected patients

The practice works with Phreesia, a patient intake software, to screen for social determinants. It also refers patients in need to community partners who do work in areas like housing or food security.

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Fluidigm scores $250M investment in microfluidics tech and a corporate makeover to boot

By the end of the first quarter of this year, Fluidigm will be nearly unrecognizable.

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