Roivant winds down Hemavant R&D

Today’s Big News

Feb 13, 2024

Mikael Dolsten is always 'open to change' as he preps Pfizer's entry into obesity's 2nd wave


Biogen CEO plots long-term turnaround after analysts brand company's recent results as 'weak' 


Roivant’s risky Hemavant bet to wind down after discontinuing ex-Eisai drug


ResMed launches new bi-level sleep apnea device as CPAP alternative 


PhRMA lawsuit challenging IRA price negotiations dismissed on jurisdictional technicality 


Exscientia fires CEO Andrew Hopkins over 'inappropriate' relationships with 2 employees


Incyte crosses $1B in quarterly revenue for the 1st time, even as Jakafi faces off against GSK rival

 

Featured

Mikael Dolsten is always 'open to change' as he preps Pfizer's entry into obesity's 2nd wave

If you ask Pfizer’s chief scientist Mikael Dolsten, M.D., Ph.D., what the next pandemic will be, you may be surprised at the answer. It’s not viral or respiratory, and, in fact, it’s here now.
 

Top Stories

Biogen CEO plots long-term turnaround after analysts brand company's recent results as 'weak'

With four new drug launches rolling and the majority of the company’s losses of exclusivity in the rearview, Biogen figures it could chart continued revenue growth over the next 10 years, CEO Chris Viehbacher said Tuesday.

Roivant's risky Hemavant bet to wind down after discontinuing ex-Eisai drug

Roivant’s Hemavant has discontinued development of its only asset, a former Eisai drug dubbed RVT-2001 that was being studied in a midstage trial for patients with myelodysplastic syndromes.

ResMed launches new bi-level sleep apnea device as CPAP alternative

As Philips reaches a consent decree agreement with the FDA that will temporarily suspend its sales of sleep therapy devices in the U.S., competitor ResMed, meanwhile, is ramping up its product offerings.

PhRMA lawsuit challenging IRA price negotiations dismissed on jurisdictional technicality

In a decision that bodes well for the Biden administration’s push to rein in drug prices, a federal judge in Texas has tossed a lawsuit from industry lobbying group PhRMA which challenged the legality of Medicare price negotiations as drawn up in the Inflation Reduction Act (IRA).

Exscientia fires CEO Andrew Hopkins over 'inappropriate' relationships with 2 employees

AI drug hunter Exscientia has fired CEO Andrew Hopkins effective immediately after the board determined he had engaged in two personal relationships with employees that were deemed “inappropriate and inconsistent” with company values.

Incyte crosses $1B in quarterly revenue for the 1st time, even as Jakafi faces off against GSK rival

Buoyed by JAK inhibitor market-leader Jakafi and its cream counterpart Opzelura, Incyte crossed the $1 billion threshold in quarterly revenues for the first time. But only one of the drugs met Wall Street’s expectations.

BMS signs $674M biobucks pact with Roivant-backed VantAI for molecular glues

Bristol Myers Squibb is offering VantAI up to $674 million biobucks in a new partnership aimed at designing molecular glues as small-molecule therapeutics.

Smart orthopedic implant developer Canary Medical turns toward the heart

The company announced it has completed an early, first-in-human trial of a sensor-equipped cardiac implant that can listen to the sounds of a beating heart for the bubbling of a leaky valve or signs of other conditions.

In wake of Reata buyout, Biogen's key launch Skyclarys passes muster in EU

Roughly half a year after Biogen’s $7.3 billion buyout of rare disease specialist Reata Pharmaceuticals, the companies’ blockbuster bid for Reata’s Friedreich’s ataxia (FA) drug Skyclarys is starting to take shape.

Tandem kicks off wider US launch of miniaturized Mobi insulin pump

After a successful limited rollout of its newest insulin pump in the U.S., Tandem Diabetes Care is picking up the pace.
 
Fierce podcasts

Don’t miss an episode

‘The Top Line’: The most anticipated drug launches of 2024

This week on “The Top Line,” we explore the most anticipated drug launches of 2024. Editor-in-Chief Ayla Ellison engages in a conversation with Fierce Pharma Marketing Senior Editor Ben Adams about the drugs likely to launch this year with the most significant sales potential by 2028.
 

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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