Medtronic, Edwards, Abbott tout TAVR data

Today’s Big News

Mar 13, 2024

J&J's Duato nets major raise to $28.4M, jumps to top of pharma CEO pay rankings


J&J's John Reed takes home $20M-plus payday in his first year helming pharma R&D team


Medtronic, Edwards, Abbott tout TAVR data at CRT 2024


Alnylam embarks on road trip-themed campaign to drive earlier diagnosis of hereditary ATTR amyloidosis


Skincare products maker Galderma gears up for long-awaited $2.6B IPO 


With 1st MASH drug due for FDA nod, Ionis says me too with phase 2 data 


GE HealthCare launches philanthropic foundation aimed at maternal health 

 

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J&J's Duato nets major raise to $28.4M, jumps to top of pharma CEO pay rankings

It didn’t take long for Johnson & Johnson CEO Joaquin Duato to catch up to his predecessor. After paying Duato $13.1 million in his first year as CEO, the pharma giant more than doubled his compensation to $28.4 million last year, according to a regulatory filing.
 

Top Stories

J&J's John Reed takes home $20M-plus payday in his first year helming pharma R&D team

In 2022, the highest-paid R&D executive made $12.2 million. John Reed, M.D., Ph.D., of Johnson & Johnson is telling the rest of the field to hold his beaker. 

Medtronic, Edwards, Abbott tout TAVR data at CRT 2024

A trio of cardiovascular companies bolstered their transcatheter aortic valve replacement programs at the Cardiovascular Research Technologies conference in Washington, D.C.

Alnylam embarks on road trip-themed campaign to drive earlier diagnosis of hereditary ATTR amyloidosis

The pharma's new campaign encourages people to talk about their family health history in hopes of identifying hereditary diseases they might be carrying as early as possible.

Skincare products maker Galderma gears up for long-awaited $2.6B IPO

The Swiss skincare company set its price range for a public offering after years of delays, with its listing now expected on March 22. The IPO could be one of Europe's largest this year.

With first MASH drug due for FDA nod, Ionis says me too with phase 2 data

With the FDA due to announce the approval of the first drug for metabolic dysfunction-associated steatohepatitis (MASH), Ionis Pharmaceuticals is raising its hand to showcase a phase 2 asset that has improved symptoms of the liver disease.

GE HealthCare launches philanthropic foundation aimed at maternal health

Incorporated as a separate charitable organization, the GE HealthCare Foundation will also work to address an international shortage of primary care clinicians, nurses and midwife professionals.

Sanofi shutting down R&D site at UK biotech hub, displacing 90 workers

Sanofi will be closing the doors to a U.K. research facility, a move that will impact around 90 people, a spokesperson told Fierce Biotech.

FDA flags early deaths in CAR-T myeloma trials for J&J and Legend’s Carvykti, Bristol Myers’ Abecma

Ahead of an important advisory committee meeting, the FDA has raised concerns about early trial deaths for multiple myeloma cell therapies. At the meeting, experts will discuss applications that aim to move the CAR-T therapies Carvykti and Abecma into earlier lines of treatment.

After crunching 70k 'trip reports', Mindstate looks to test first AI-derived psychedelic on humans

Mindstate Design Labs' lead AI-derived psychedelic is headed for the clinic after the biotech filed an IND with the FDA. The former Y Combinator company is still chugging off an $11.5 million seed round but is now considering next financing plans.
 
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'The Top Line': Fierce Medtech's Fierce 15

In this week's episode of "The Top Line," join Conor Hale, Senior Editor of Fierce Medtech, and Andrea Park, Deputy Editor of Fierce Life Sciences, as they share the highlights of this year's Fierce Medtech Fierce 15. 
 

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