Vertex gears up for next-gen CF treatment

Today’s Big News

Feb 6, 2024

Already rolling in diabetes and obesity, Eli Lilly touts tirzepatide's midstage MASH win 


Amid GLP-1 supply constraints, Lilly to prep for oral market 'at risk' 


After Incyte's commercial buy, Novartis shells out €2.7B for cancer specialist MorphoSys 


UPDATE: Vertex beats own record in cystic fibrosis as next-gen treatment goes up against Trikafta 


As Vertex gears up for next-gen CF treatment, Trikafta sales reach $8.9B thanks to label expansions 


Boston Scientific WaveWriter spinal cord stimulators crest with expanded FDA nod 

 

Featured

Already rolling in diabetes and obesity, Eli Lilly touts tirzepatide's midstage MASH win

Eli Lilly's star diabetes and weight loss drug tirzepatide showed promise in fatty liver disease, with its massive anti-MASH benefit accompanied by a "clinically meaningful" anti-fibrosis effect.
 

Top Stories

Amid GLP-1 supply constraints, Lilly to prep for oral market 'at risk'

With supply strains not letting up in the growing injectable obesity med market, Lilly looks to carve out manufacturing early for its oral candidate.

After Incyte's commercial buy, Novartis shells out €2.7B for cancer specialist MorphoSys

Rumblings of a potential bidding war over cancer specialist MorphoSys have subsided as quickly as they arose after Novartis descended on the German biotech Monday with billions of dollars in cash. The move comes less than 24 hours after rumors of the M&A imbroglio surfaced in Reuters.

UPDATE: Vertex beats own record in cystic fibrosis as next-gen treatment goes up against Trikafta

Set the bar and then beat it; that's what Vertex Pharmaceuticals has just done with a next-gen cystic fibrosis treatment. 

As Vertex gears up for next-gen CF treatment, Trikafta sales reach $8.9B thanks to label expansions

On a day when Vertex revealed trial data that indicate its next-generation cystic fibrosis (CF) treatment will soon be ready to grab the baton, the Boston company also presented figures that show Trikafta remains formidable. In the fourth quarter, Trikafta raked in $2.33 billion in sales, bringing its 2023 haul to $8.9 billion, a 16% increase from 2022.

Boston Scientific WaveWriter spinal cord stimulators crest with expanded FDA nod

Just as a rising tide is said to lift all boats, so too is a new FDA clearance expanding the reach of all of Boston Scientific’s WaveWriter spinal cord stimulation systems.

AstraZeneca brings its cell therapy ambitions to Maryland with $300M plant investment, 150 planned hires

AstraZeneca is plugging $300 million into a new facility in Rockville, Maryland, to launch its cell therapy platforms in the United States for cancer trials and future commercial supply. In turn, AZ will create more than 150 new jobs.

Philips sees Class I recall over potential falling SPECT imaging detectors

The notice includes the BrightView line of SPECT/CT scanners, with about 1,000 systems in use worldwide. The FDA said the heavy detector could land on the patient’s lower limbs, causing bruising and potential fractures.

GSK details Blenrep combo data that could bring the multiple myeloma ADC back to life

If a new package of pivotal data satisfies the FDA, GSK could have another run at the U.S. multiple myeloma market with its previously withdrawn BMCA-targeted antibody-drug conjugate, Blenrep. 

Kyverna raises IPO expectations by $100M, now eyeing almost $300M for latest biotech listing of 2024

Kyverna is upping its planned IPO by about $100 million, now looking to net a little under $300 million. The cell therapy biotech has repriced its shares between $20 to $21.

Dexcom adds upgraded One+ glucose monitoring system to European slate

While the original Dexcom One shared the same sensor as the G6 CGM, the Dexcom One+ system takes a step forward by incorporating the same sensor used in the G7 device.
 
Fierce podcasts

Don’t miss an episode

'The Top Line': Navigating the future of medical AI

This week on “The Top Line,” Fierce’s Conor Hale interviews Peter Shen, the North American head of digital health at Siemens Healthineers, to explore what developers and regulators can do to ensure transparency in medical AI. He also dives into how the field could potentially benefit from a 21st-century update to the Hippocratic Oath. 
 

Resources

Whitepaper

The Oncology Market – 2023 Year in Review

This paper offers a detailed review of key events and developments in the oncology market during 2023.  It’s a helpful “status report” that informs how the market is likely to evolve in 2024. It covers, vaccines, radiopharmaceuticals, ADCs, CAR-Ts, bi-specifics, & more.

Whitepaper

Developing and Manufacturing Drugs with HPAPIs

Discover how to effectively classify highly potent APIs and the steps required to develop containment protocols and manufacturing processes that are both safe and efficient.

 

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