Philips to wrap first CPAP settlements this year

Today's Big News

Mar 30, 2023

Former J&J R&D chief Mathai Mammen lands at burgeoning biotech FogPharma, with first trial nearing


As deadly pathogen spreads, GSK throws a lifeline to Scynexis with $90M deal to market antifungal


Philips is aiming to wrap first settlements in CPAP recall this year, CEO says


'Stunning' 4% yearly rise in R&D share has emerging biopharma dominating pipeline


Theratechnologies’ ‘Champions’ showcases thriving, minority individuals living with HIV

 

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Former J&J R&D chief Mathai Mammen lands at burgeoning biotech FogPharma, with first trial nearing

Former Johnson & Johnson R&D chief Mathai Mammen has landed a new role, taking the reins as CEO of FogPharma. The well-financed biotech is aiming to launch its first asset into the clinic by the middle of the year.
 

Top Stories

As deadly pathogen spreads, GSK throws a lifeline to Scynexis with $90M deal to market antifungal

Just as the CDC warns about the alarming spread of an emerging drug-resistant fungus, GSK has moved to snatch an FDA-approved drug that could tackle the pathogen—and salvage a floundering company along the way.

Philips is aiming to wrap first settlements in CPAP recall this year, CEO says

Nearly two years into its recall of 5.5 million CPAP and BiPAP machines and other respiratory devices, Philips is now the subject of hundreds of class-action and standalone lawsuits.

'Stunning' 4% yearly rise in R&D share has emerging biopharma dominating pipeline

Emerging biopharmas have gradually taken over the R&D pipeline, producing two-thirds of all new drugs in 2022, a finding one financial expert called "stunning." 

Theratechnologies’ ‘Champions’ showcases thriving, minority individuals living with HIV

HIV drugmaker Theratechnologies’ new campaign, I Am a Champion, celebrates minorities living and thriving with the infection.

Viatris, Cipla and Aurobindo sign up to make generics of GSK's long-acting HIV PrEP drug

Three generics makers have obtained sublicenses to make low-cost versions of GSK’s long-acting HIV PrEP drug Apretude under a deal with the United Nations-backed Medicines Patent Pool.

New trigger for several mood disorders discovered, opening the door to faster-acting meds

Researchers have identified a new trigger for several mood disorders, potentially paving the way for new, faster-acting treatments. Glycine, a common amino acid and major neurotransmitter, has the ability to transport a “slow down” signal to the brain that likely plays a role in several mood disorders including major depressive order.

Pfizer, BMS' Eliquis tops list of drugs destined for Medicare price negotiations in 2026: Moody's

Based on 2021 spending data from the U.S. Centers for Medicare & Medicaid Services, Moody’s has identified drugs that appear destined to be subject to price negotiations in 2026. Bristol Myers Squibb and Pfizer’s Eliquis leads the pack, with drugs from AbbVie, Johnson & Johnson and Novo Nordisk also making appearances.

Evolus’ Jeuveau looks to differentiate from Botox as a 'beauty only' brand

Evolus’ injectable neurotoxin, Jeuveau, which was approved in 2019, knows exactly what it is. It’s an aesthetic product and that’s all it wants to be—no stopping headaches, or overactive sweat glands or even incontinence, it just wants to make people look young, rested and fresh.

Bigfoot Biomedical steps up diabetes tech with acquisition of auto-adjusting insulin dosing algorithm

Bigfoot Biomedical is doing its part to ensure that the possibility of building a smarter diabetes management system is more than just an urban legend.

EIP fuses with Diffusion to extend financial freeway past delivery of dementia data on ex-Vertex drug

EIP Pharma has mapped out a financial freeway to the delivery of phase 2b on an ex-Vertex molecule. By merging with the floundering Diffusion Pharmaceuticals, the biotech is set to secure a Nasdaq listing and enough money to complete a clinical trial in dementia with Lewy bodies.
 
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