Hospital financials still lagging pre-pandemic numbers
To view this email as a web page, click here

Editor’s Note: You may have noticed some big changes on our Fierce Healthcare website. Our new fierce makeover is designed to create a better experience for our readers. Learn more about the new look here.  

Today's Rundown

Featured Story

Biogen's Aduhelm call to action backfires as CMS receives many more comments in favor of restrictive coverage: analyst

Despite Biogen and certain Alzheimer's advocacy groups' opposition, the public seems to support the Centers for Medicare & Medicaid Services' restrictive coverage decision on controversial Alzheimer's disease drug Aduhelm.

read more

Top Stories

Pfizer poaches Roche's pharma R&D leader to fill MacKenzie's shoes as chief development officer

Pfizer's new development leader is on the way from Roche. Replacing 35-year Pfizer veteran Rod MacKenzie, Ph.D., as chief development officer will be William Pao, M.D., Ph.D.

read more

Kaufman Hall: Hospital financials fared better across 2021 but still lag pre-pandemic numbers

Although the second calendar year of the COVID-19 pandemic was kinder to hospitals' bottom lines, ballooning expenses still have the industry playing catchup to 2019.

read more

BD picks up Spanish developer of minimum residual disease cancer blood tests

The medtech has bought Cytognos, developer of blood tests for tracking minimal residual disease, or the minuscule amounts of cancer cells left behind while a patient is in remission.

read more

Optum: 3 (more) drugs in the pipeline payers should be watching

While much of the energy in the drug pipeline has centered on orphan drugs, novel therapies in more crowded markets have also been marching toward approval, according to a new report from Optum.

read more

Novartis, Amgen settle their dueling lawsuits over migraine drug Aimovig

Novartis and Amgen have spent years arm wrestling one another over their development and commercialization deal on migraine prevention drug Aimovig. Now, the parties appear ready to drop their dispute and move on.

read more

Anavex touts 'very large' phase 3 win for Rett syndrome drug—2 weeks after moving study's goalposts

Anavex Life Science’s press release touting a phase 3 win for a Rett syndrome drug read very much like a doge meme. They claimed “very large” and “large” wins on the main and secondary endpoints.

read more

Komodo Health notches another major partnership as it gears up to go public

Komodo Health has inked another big partnership, this time with the Chan Zuckerberg Initiative to enable patient advocacy organizations to access software and analytics to accelerate research into rare diseases. Komodo Health's co-founder and CEO Arif Nathoo, M.D., chatted with Fierce Healthcare about the company's growth, strategic acquisitions and plans to go public.

read more

Doctor groups urge Biden administration to disclose costs of federally funded clinical trials

International nonprofits and doctor groups are calling for the U.S. government to disclose the cost of federally funded clinical trials and are urging President Joe Biden to nominate a National Institutes of Health director who will ensure biopharmas reveal that R&D figure to the public.

read more

Otsuka signs on Jolly Good for $43M mental health VR deal

Virtual reality and artificial intelligence technology developer Jolly Good is likely feeling very jolly indeed after being tapped by Otsuka Pharmaceutical to develop a mental health treatment program combining pharmacological and psychotherapeutic techniques.

read more

CMS' Biogen decision could spell problems for Lilly, Roche Alzheimer's drugs, half of surveyed neurologists say

Neurologists in the U.S. are agreeing with a new draft decision from the Centers for Medicare & Medicaid Services (CMS) that restricts reimbursement of Biogen’s controversial Alzheimer’s drug, Aduhelm, to clinical trials only. In fact, half of those surveyed said CMS' decision would hit how they prescribe the rival drugs waiting in the wings that are also included in CMS' decision.

read more

Walmart teams up with Health at Scale to help its workers find the right doctor

Walmart is partnering with machine learning platform Health at Scale to connect its employees with personalized provider recommendations, aiming to leverage health data to improve outcomes.

read more

AstraZeneca runs first kidney disease focused Farxiga TV ad, getting in the homes of 37M people with this ‘silent disease’

Diabetes patients can be a target for chronic kidney disease but can also take aim back: This is the message from AstraZeneca’s new Farxiga TV ad, which is pushing the drug’s new CKD label.

read more

Scipher Medicine decodes rheumatoid arthritis treatment with drug response blood test: study

Equipped with a blood test capable of predicting an individual’s response—or lack thereof—to the world’s largest drug class, Scipher Medicine is on its way to cracking the code of rheumatoid arthritis treatments.

read more

Takeda shunts jewel of Shire takeover to new spinoff Oak Hill

Takeda keeps pumping out biotech spinoffs. Months after spawning HilleVax, the Japanese drugmaker has packed off another pair of midphase programs to seed a new rare disease player: Oak Hill Bio.

read more