AZ inks $2B radiopharma buyout

Today’s Big News

Mar 19, 2024

The obesity pipeline was 'late breaking.' Here's what the R&D landscape looks like now 


Gilead CEO Daniel O'Day collects 5% pay raise to $22.6M, his largest compensation package in years  


AstraZeneca melds with Fusion in $2B radiopharma buyout  


Cutting, meet edge: J&J MedTech taps Nvidia for surgery AI partnership 


Oprah shines her star power on GLP-1s in new weight-loss drugs TV special  


Riding GLP-1 wave, Novo Nordisk lays out $560M to boost drug production in China 

 

Featured

The obesity pipeline was 'late breaking.' Here's what the R&D landscape looks like now

If you’re feeling like the obesity pipeline filled up overnight, you’re not alone. A new analysis from IQVIA takes a look at the drugs in development.
 

Top Stories

Gilead CEO Daniel O'Day collects 5% pay raise to $22.6M, his largest compensation package in years

The CEO collected his highest total compensation package since his first year in the role in 2019.

AstraZeneca melds with Fusion in $2B radiopharma buyout

AstraZeneca is adding to the explosion of interest in radiopharmaceuticals, inking a $2 billion buyout to meld Fusion Pharmaceuticals with its cancer unit.

Cutting, meet edge: J&J MedTech taps Nvidia for surgery AI partnership

Johnson & Johnson MedTech has tapped Nvidia to help deliver real-time analyses of surgical data with AI models that can be deployed on-site using edge computing.

Oprah shines her star power on GLP-1s in new weight-loss drugs TV special

GLP-1 drugs—which include blockbusters like Eli Lilly’s Mounjaro and Novo Nordisk’s Ozempic and Wegovy, and which are expected to supplant PD-1 inhibitors as the best-selling drug class by the end of this year—received an hour of free, overwhelmingly positive publicity on Monday night.

Riding GLP-1 wave, Novo Nordisk lays out $560M to boost drug production in China

This year marks Novo Nordisk’s 30th anniversary in China, and it could also be the year the company's red-hot weight loss injection Wegovy (semaglutide) wins approval in the populous East Asian nation that’s increasingly grappling with diseases such as obesity and diabetes.

Engrail closes $157M series B, fueled by investors' renewed interest in neuropsychiatry

Neuropsychiatry biotech Engrail has closed a $157 million series B, adding crucial capital to help pay for clinical trials. The round was co-led by F-Prime Capital, Forbion and Norwest Venture Partners.

Siemens Healthineers to shutter Fast Track PCR diagnostic unit in post-COVID slim down

The company’s Fast Track Diagnostics division mainly sells its PCR tests in Europe, including multiplex assays for respiratory infections, STDs and childhood colds. About 90 Luxembourg-based employees will be let go this year.

Regeneron advances antitrust lawsuit against Novartis with appeals court's backing

Did Novartis break U.S. antitrust laws in the storied Eylea-Lucentis rivalry? Thanks to an appeals court ruling, Regeneron has another chance to lay out its argument.

Bayer ready to take rival to Astellas' Veozah to regulators after phase 3 hat trick

Bayer's hot flash drug elinzanetant has struck phase 3 gold again by relieving vasomotor symptoms, setting up the pharma to approach regulators about following Astellas’ Veozah to market.

Surgical robot startup Mendaera picks up Avail Medsystems’ COVID-era virtual OR assets

The Silicon Valley-based Mendaera aims to put the telehealth portfolio to work supporting its image-guided, needle-based system.

Advocacy group activates Lung Force to push Congress for cash

The American Lung Association is sending “LUNG FORCE Heroes” to Washington, D.C. to ask Congress to loosen the purse strings and give federal agencies money that could lead to improved cancer outcomes.
 
Fierce podcasts

Don’t miss an episode

'The Top Line': Inclusivity in psoriasis trials with Takeda

In this episode of 'The Top Line,' Fierce Biotech Senior Editor Annalee Armstrong interviews Karen Correa, Ph.D., from Takeda, discussing the crucial need for pharmaceutical companies to prioritize diversity in clinical trials.
 

Resources

Whitepaper

Pediatric Clinical Trials: Considerations for Enrollment and Retention

Explore the nuanced approaches necessary for successful pediatric drug development.
Whitepaper

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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