Haemonetics signs $160M ablation safety buy

Today’s Big News

Mar 5, 2024

After tough rightsizing, Biogen looks to newer rare diseases to broaden lens


GSK rewards CEO Emma Walmsley with 51% pay hike after beating sales, profit goals


Haemonetics picks up ablation safety developer Attune Medical in $160M deal


Bayer CEO launches ‘full-scale effort’ to rejuvenate pharma pipeline, tables split-up but warns not never


2nd win for Alnylam RNAi blood pressure med strengthens Roche's $2.8B biobucks bet


GE HealthCare, Vanderbilt AI models predict immunotherapy responses among cancer patients

 

Featured

After tough rightsizing, Biogen looks to newer rare diseases to broaden lens

Biogen's executive vice president and head of corporate development, Adam Keeney, Ph.D., says the company is interested in tacking on additional rare disease drugs at a smaller price than the Reata acquisition. The focus is now on clinical-stage products compared to buying commercial medicines.
 

Top Stories

GSK rewards CEO Walmsley with 51% pay hike after beating sales, profit goals

With the fortunes of GSK on the rise after much tumult early in the decade, the company has rewarded CEO Emma Walmsley with a significant pay boost. Walmsley collected 12.7 million pounds ($16 million) in total pay last year, a 51% increase from her compensation in 2022.

Haemonetics picks up ablation safety developer Attune Medical in $160M deal

The company said it sees Attune Medical and its ensoETM as a shortcut to improving the safety of treatments for atrial fibrillation, without surgeons having to buy nascent pulsed field ablation systems.

Bayer CEO launches ‘full-scale effort’ to rejuvenate pharma pipeline, tables split-up but warns not never

Bill Anderson, nine months into Bayer’s CEO role, has laid out his priorities for the troubled German conglomerate in the next few years—and it doesn’t involve an immediate business split-up as many investors had hoped for.

2nd win for Alnylam RNAi blood pressure med strengthens Roche's $2.8B biobucks bet

In further proof that Roche’s $310 million metabolic therapy bet will pay off, the Big Pharma’s Alnylam-partnered hypertension drug has notched up another phase 2 win.

GE HealthCare, Vanderbilt AI models predict immunotherapy responses among cancer patients

According to researchers, the algorithms were able to deliver 70% to 80% accuracy in forecasting efficacy outcomes and the likelihood of unwanted side effects.

Vanda's jet-lag approval hopes for Hetlioz quashed with FDA hearing rejection

Vanda has been waiting years for an FDA hearing to contest the agency’s 2019 rejection of its sleep drug Hetlioz in jet lag disorder. Now, following a lawsuit and a protracted back-and-forth with the U.S. regulator, the FDA has crushed Vanda’s bid.

Biopharma VC activity slipped last year—but 'buoyant' molecular glue market holds hope: PitchBook

Venture capital investment in biopharma underwent a significant correction in 2023 from the "explosive growth" during the pandemic, with $29.9 billion spent across 920 transactions compared to $36.7 billion in the previous year, according to a new analysis from PitchBook.

Novo Nordisk's success with Ozempic in diabetes and kidney disease patients isn't enough for investors

A trial by Novo Nordisk of its GLP-1 blockbuster Ozempic (semaglutide) on diabetes and kidney disease patients found that it reduced the risk of kidney disease progression, major adverse cardiovascular events (MACE) and death by 24%.

Dentistry AI developer Overjet chows down on $53M VC round

After receiving four FDA clearances for AI that spots tooth decay and gum disease, Overjet has raised $53.2 million to build a platform for dentists and payers.

Incyte turns to generative AI to illustrate the ‘unseen journey’ of living with MPN

Incyte has launched a new campaign to raise awareness around the often hard-to-see symptoms of myeloproliferative neoplasms, or MPNs, accompanied by AI-created images that make invisible symptoms visible and create a visual representation of some patients’ experiences with the diseases.

Meissa Vaccines’ future in limbo due to current fundraising climate: CEO

Meissa Vaccines is putting its portfolio on hold and laying off staff due to the current fundraising environment, the company told Fierce Biotech.

Telix spends up to $82M to boost isotope production with ARTMS buyout

The cash and stock deal gives Telix access to ARTMS' manufacturing site, a stockpile of ultra-pure rare metals and an advanced isotope production platform.
 
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CAR-T boxed warnings: What comes next?

The FDA recently asked the six marketed CAR-T therapies to add a new boxed warning item on their labels to reflect the risk of secondary T-cell cancers. This week on "The Top Line," Fierce Pharma’s Angus Liu talks with regulatory experts to understand the rationale behind the FDA’s decision and to discuss its implications for CAR-T candidates and their developers down the line.
 

Resources

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CNS Market Outlook, 2024

This paper assesses the current state of the broad CNS market, reviewing key expectations for 2024. It addresses Alzheimer’s disease, biomarkers, and advances in psychiatry in detail. It also provides a high-level look at the pain market and the evolving regulatory environment.

 

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