Magellan delivering prescriptions by drone
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Today's Rundown

Featured Story

Bristol busy boosting supply of Breyanzi, Abecma as massive Revlimid patent cliff looms

With Bristol Myers Squibb only a month away from biopharma's biggest loss of exclusivity this year, industry watchers are eager for any clues about how the company's new and future medicines will perform on the market. The drugmaker has already launched two new CAR-T products, Breyanzi and Abecma, and now it's busy scaling up on the manufacturing front in a bid to meet early demand.

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Top Stories

Bayer ends work on cough med that passed phase 2b weeks after FDA rejected Merck's drug

Bayer will no longer work on eliapixant, an Evotec-partnered asset that was studied across four indications in midstage tests, including chronic cough. The companies will continue working together on other assets in phase 1, preclinical and discovery stages.

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Magellan Health partners with Zipline to deliver prescriptions by drone

Magellan Health plans to roll out a prescription delivery service via drone in partnership with Zipline, starting later this year in North Carolina for specialty and traditional medications.

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Labcorp launches online platform for ordering at-home tests, scheduling in-person appointments

Building on the success of its direct-to-consumer COVID-19 testing options, Labcorp is supplanting its Pixel brand with a new platform that allows it to sidestep healthcare provider middlemen and enable individuals to order their own diagnostic tests.

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UPDATED: Sanofi's flu shots took a back seat to COVID-19 boosters late last year, and major job cuts still loom

While Sanofi's influenza business did gangbusters in Europe for the last three months of the year, the situation was different in the U.S. as the shifting COVID-19 vaccination landscape fueled a meaty sales decline. Meanwhile, Sanofi is still underway with an aggressive effort to slim down—and more cuts are coming in 2022.

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The hits keep coming: Biogen's Aduhelm marketing, approval under fire in new FTC and SEC probes

The Federal Trade Commission (FTC) and the Securities and Exchange Commission (SEC) have launched two separate investigations into Biogen and its troubled Alzheimer’s med, the company revealed in a securities filing Thursday.

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Resignation galore: Exicure CEO resigns, CTO departs, 3 board members exit after December woes

Chicago biotech Exicure has a lot of soul searching to do as its CEO, chief medical officer, chief technology officer and three board members all hit the exit within a week. The biotech has no assets in human studies and will look to its pacts with Ipsen and AbbVie to save itself from further disaster.

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Medicare to cover at-home COVID-19 tests this spring after backlash from lawmakers

CMS announced a new initiative to cover at-home COVID-19 tests for Medicare beneficiaries starting this spring after a request from Democratic senators.

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Tasso, Vault Health team up to provide at-home blood testing for siteless clinical trials

Tasso’s push-button blood collection device attaches to the upper arm and draws a sample from the skin’s capillaries.

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Regeneron projects no near-term sales of its blockbuster COVID-19 antibody given FDA action to ground it

After an FDA ruling 11 days ago that banned Regeneron's COVID-19 antibody treatment for use in patients infected by the omicron variant, the company says it doesn't expect to generate any sales of the drug in the first half of 2022.

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From Amazon to New Balance, consumer brand execs bring 'outsider' perspective to healthcare

Wellforce recently appointed its first ever chief consumer officer. The move comes amid a rising trend in healthcare: executives sourced from outside the industry, and in particular from consumer brands, to lead innovation strategies.

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Ambu scores FDA clearance for single-use gastroscope and touchscreen display

The aScope Gastro’s FDA clearance introduces Ambu into the gastroscopy market, comprising approximately 20 million procedures per year to examine a patient’s esophagus, stomach and duodenum.

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UCB races to regulators after $2.5B rare disease bet delivers data for attack on AstraZeneca and argenx

UCB’s $2.5 billion gamble on Ra Pharmaceuticals has yielded positive phase 3 data. With the rare disease clinical trial hitting its primary endpoint, UCB is preparing to file to join AstraZeneca and argenx in an increasingly congested space.

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