Moderna faces Senate heat for vaccine pricing

Today's Big News

Jan 25, 2023

Bristol Myers CMO still skeptical about cancer vaccines as BioNTech, Moderna march ahead with I-O partners 


Moderna now in the crosshairs of Sens. Warren, Welch over price tag for COVID vaccine 


Tidepool lands long-awaited FDA nod for artificial pancreas app connecting CGMs, insulin pumps 


Managed care plans, states can now text Medicaid beneficiaries to warn of enrollment changes

 

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Bristol Myers CMO still skeptical about cancer vaccines as BioNTech, Moderna march ahead with I-O partners

Moderna and BioNTech recently reported positive early clinical data for their mRNA cancer vaccine in partnership with PD-1/L1 inhibitors. But as over a decade of research has failed to transpire into approved therapies, several biopharma executives remain on the fence about the future of these vaccines future, while others believe the field is getting closer to finding its sweet spot.
 

Top Stories

Moderna now in the crosshairs of Sens. Warren, Welch over price tag for COVID vaccine

In December, Sens. Elizabeth Warren, D-Massachusetts, and Peter Welch, D-Vermont, sent a letter to Pfizer admonishing the company for a proposed increase in the price of its COVID-19 vaccine for up to $130. Six weeks later, they've turned their attention to the world’s other leading producer of COVID vaccines, Moderna, which also has said it might charge up to $130 per dose when the United States stops providing shots for free and goes to a commercial model.

Tidepool lands long-awaited FDA nod for artificial pancreas app connecting CGMs, insulin pumps

More than two years after submitting it for FDA review, Tidepool has scored the agency’s clearance for a smartphone app that allows people with Type 1 diabetes to build their own closed-loop “artificial pancreas” system.

Managed care plans, states can now text Medicaid beneficiaries to warn of enrollment changes

New FCC guidance allows states and managed care plans to text Medicaid beneficiaries on potential changes to their coverage.

Matt Gline wants you to stop thinking of Roivant as a discard company. In 2023, he'll prove it

Entering his third year on the job, Roivant CEO Matt Gline is pushing back against the company's reputation as a discard company fishing for projects to rebuild.

As Scangos bids adieu, Vir taps Bayer dealmaker De Backer as its next CEO

On April 3, George Scangos, Ph.D., who’s been chief executive officer at Vir since the start of 2017, will hand over the reins to Marianne De Backer, Ph.D. De Backer comes over from Bayer, where she currently heads up pharmaceutical strategy, business development and licensing.

Abbott's soaring FreeStyle Libre sales temper COVID testing drop-off in 2022 results

Abbott experienced a steep drop in COVID test sales in the final months of 2022, when it took in around $1.1 billion in sales from the segment, less than half of the $2.3 billion it clocked for the fourth quarter the previous year.

In flux, CDMO Abzena lays off 66 in San Diego days after hiring new CEO and reshuffling board

Abzena has laid off 66 employees in San Diego, according to a Worker Adjustment and Retraining Notification (WARN) posted by the state. The move comes amid an apparent period of transition for the company, which hired a new CEO in early January. Then last week, Abzena sold its new biologics drug substance facility in North Carolina to Pfizer.

Elevance Health putting focus on expanding Carelon arm in coming year

Elevance Health's profit for the fourth quarter of 2022 declined year-over-year, but still beat the Street, according to the company's latest earnings report released Wednesday.

EMA validates Vertex's CRISPR application, clearing barrier on road to landmark approval

Vertex and CRISPR Therapeutics have taken a small step toward a landmark approval, securing European Medicines Agency (EMA) validation of the approval application for their CRISPR-Cas9 candidate.

Intuitive Surgical’s profit dips as sales, robotic procedure volumes increase

Intuitive Surgical saw the number of its robotic procedures continue to bounce back compared to 2021 during some of the high points of the pandemic.

Bristol Myers Squibb goes double DTC with Opdualag, Opdivo and Yervoy combo spots

Bristol Myers Squibb is going big on its DTC push for its two immunotherapies—the newer Opdualag and two drugs in one combo of Opdivo (nivolumab) and Yervoy.

With the X-Waiver repealed, officials urge providers to begin prescribing buprenorphine for opioid addiction

Loosened DEA requirements included in December's omnibus bill increases the number of providers who can prescribe buprenorphine for opioid use disorder from 130,000 to 1.8 million, government officials said Tuesday.

Call for nominations: The most influential people in biopharma in 2023

As the biopharma industry moves beyond its groundbreaking pandemic response, we're looking for leaders with ideas that'll shape the future of the industry.
 
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