FDA to ban electroshock devices—again

Today’s Big News

Mar 27, 2024

Bristol Myers Squibb cuts hundreds of Mirati staffers months after closing $5.8B buyout


Blackstone bets $750M on Moderna's flu program as approval comes into view


FDA to ban electric shock devices for behavior control—again


#FierceMadness: Lilly’s Mounjaro, Revance’s Daxxify notch major wins: Now vote in your Sweet 16 round


#FierceMadness: The Best Biotech Name Tournament—Round of 32 RESULTS


Moderna’s early vaccine pipeline underpinned by Epstein–Barr, norovirus and shingles prospects


AstraZeneca plans independent drug supply chains for US and China, CEO says

 

Featured

Bristol Myers Squibb cuts hundreds of Mirati staffers months after closing $5.8B buyout

Two months after closing its multibillion-dollar acquisition of Mirati Therapeutics, Bristol Myers Squibb is bidding adieu to more than 250 workers at the biotech's headquarters in California. 
 

Top Stories

Blackstone bets $750M on Moderna's flu program as approval comes into view

Blackstone Life Sciences is making a $750 million bet on Moderna’s influenza vaccine program as part of the investment platform’s push to “support innovative mRNA technology.”

FDA to ban electric shock devices for behavior control—again

The agency previously took the rare step of banning the use these devices in March 2020, but the FDA's ban was overturned on appeal in July 2021.

#FierceMadness: Lilly’s Mounjaro, Revance’s Daxxify notch major wins: Now vote in your Sweet 16 round

It’s March, so it’s time for some #FierceMadness. Last year, we channeled the NCAA tournament for the best pharma ad campaigns, but this year we’re looking for the best of the best in drug names.

#FierceMadness: The Best Biotech Name Tournament—Round of 32 RESULTS

What's the best biotech name? It's time to vote in the Fierce Madness #biotechbracket.

Moderna’s early vaccine pipeline underpinned by Epstein–Barr, norovirus and shingles prospects

Moderna gave its clearest look yet at a third wave of vaccine products during the company's annual vaccines business review on Wednesday. Early-stage shots aimed at Epstein–Barr virus, norovirus and shingles could further solidify the biotech's infectious disease portfolio.

AstraZeneca plans independent drug supply chains for US and China, CEO says

As geopolitical tensions threaten to disrupt pharmaceutical supply chains, AstraZeneca is making plans to manufacture drugs for the U.S. and China markets independently from one another.

Altimmune bails on hepatitis B after phase 2 data disappoint, quashing partnering plans

Altimmune has been beaten by hepatitis B. The drug candidate, which Altimmune was preparing for partnering, failed to meet the bar for further development in a phase 2 study, prompting the biotech to stop development and focus on its GLP-1/glucagon dual receptor agonist.

NHS says Kate Middleton’s cancer announcement sent symptom searches skyrocketing

Call it a silver lining: In addition to stopping the increasingly ludicrous theories for her absence from the public eye, Kate Middleton’s reveal last week that she’s fighting cancer may also be boosting awareness of the early signs and symptoms of the disease.

Spending on diabetes, weight loss TV spots climbs as drugmakers wrestle for share

Drugmakers are bringing the fight for dominance of the diabetes and weight loss spaces to the airwaves, with MediaRadar finding six leading brands ramped up TV spending by 46% over the first two months of the year.

Medtronic secures FDA approval for evolved Evolut TAVR valve

The main difference in the design of the Evolut FX+ is the addition of larger gaps that make it easier for a patient to undergo coronary procedures in the future.

More revamp at Bayer as it axes 90 at its U.S. headquarters in New Jersey

Bayer is laying off 90 of its employees at its United States headquarters in Whippany, New Jersey, part of its ongoing restructure which CEO Bill Anderson has said will cost many their jobs.

Merck scores key FDA approval for pulmonary arterial hypertension drug Winrevair

After three years, the crown jewel of Merck’s $11.5 billion acquisition of Acceleron is ready to pay dividends. With the FDA’s approval of Winrevair (sotatercept) to treat pulmonary arterial hypertension (PAH), Merck is set to launch the first disease-modifying treatment for the condition.

Olympus mounts lung cancer education push with advocacy group

Olympus has partnered with the American Lung Association (ALA) to get the word out about lung nodule diagnosis and staging, sponsoring educational resources that explain the process to patients.

WuXi Biologics stays the course with positive 2024 outlook as national security crackdown threatens business in US

Despite headwinds, WuXi Biologics believes it is well positioned to capture new business opportunities in 2024.
 
Fierce podcasts

Don’t miss an episode

SXSW Insights: The future of AI in healthcare

This week on “Podnosis,” we explore the pressing questions surrounding AI’s role in healthcare. From clinician trust to algorithm accuracy and patient privacy, there’s significant uncertainty about AI’s potential and impact in the healthcare sector, a topic that garnered considerable attention at this year’s South by Southwest conference.
 

Resources

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Pediatric Clinical Trials: Considerations for Enrollment and Retention

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

 

Industry Events

Drug Development Boot Camp® VIRTUAL | Spring 2024

April ‌10-11, ‌2024

On Helix

Date: ‌4 ‌July ‌2024 ‌- ‌Location: ‌Babraham ‌Research ‌Campus, ‌Cambridge ‌UK

 

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