FDA investigates unauthorized dental device

Today's Big News

Mar 31, 2023

Early data for Lilly's next-gen Alzheimer's drug shows 'rapid and robust' amyloid reduction, but a familiar adverse event


After Amarin's clash with Sarissa, CEO Mikhail hits the exit


FDA begins investigation of unauthorized dental device that sparked at least 20 lawsuits


Galapagos, following Sanofi’s playbook, offloads French R&D site to drug discovery CRO


Sanofi attempting to spin off consumer health unit in India: report

 

Featured

Lilly's early data on next-gen Alzheimer's drug shows 'robust' amyloid reduction but a familiar adverse event

Eli Lilly’s up-and-coming Alzheimer’s disease treatment remternetug seems to have resulted in an early, dose-dependent reduction in amyloid plaques during a small phase 1 study. But the therapy also ran into a common side effect for the anti-amyloid monoclonal antibody class—although it is early days for the data.
 

Top Stories

After Amarin's clash with Sarissa, CEO Mikhail hits the exit

In the wake of a fight over board control with activist investor group Sarissa Capital, Amarin's CEO Karim Mikhail has abruptly left the drugmaker. The company intends to fight its former helmsman on severance payments.

FDA begins investigation of unauthorized dental device that sparked at least 20 lawsuits

Just a few weeks after a Kaiser Health News report uncovered a spate of complaints about the unregulated use of a dental device that patients say caused extensive damage, the FDA has begun looking into the issue.

Galapagos, following Sanofi’s playbook, offloads French R&D site to drug discovery CRO

Galapagos is taking a leaf out of the Sanofi playbook for offloading unwanted French R&D units. Seeking to slim down to execute its new strategy, the Belgian biotech has struck a deal to transfer a facility on the outskirts of Paris to the drug discovery contract research organization (CRO) NovAliX.

Sanofi attempting to spin off consumer health unit in India: report

Slowly but surely, Sanofi is carving up its consumer healthcare business in an ongoing push to streamline and focus on the high-risk, high-reward pharma sector. Now the French company is spinning off its consumer unit in India, according to a report in the Economic Times.

Phenomix launches first of 4 obesity phenotype tests amid weight-loss drug boom

Phenomix Sciences claims to have cracked the biological code on matching patients to the most promising weight-loss treatments, based on a combination of genetic, environmental and behavioral factors.

Molecular Templates halves headcount, parting company with 100-plus staffers as cash crunch looms

Molecular Templates is fighting for survival. Facing threats that could sink the business, the Bristol Myers Squibb-partnered biotech is halving its 222-person team, stopping clinical development of a HER2 drug candidate and focusing its preclinical work on collaborations.

In Teva vs. GSK skinny label feud, Biden admin urges Supreme Court to weigh in

The Biden Administration’s solicitor general, Elizabeth Prelogar, told the Supreme Court that the case is a “suitable vehicle” to address the argument over skinny labels.

Abbott scores FDA green light for latest surgical aortic valve replacement implant

Dubbed the Epic Max, the valve is recommended for patients who need a replacement but shouldn’t take a regimen of blood thinners.

In $2.6B cell and gene therapy expansion, Sartorius buys viral vector specialist Polyplus

In the latest example of biopharma's ongoing investment in cell and gene therapy production, Sartorius has agreed to acquire French viral vector expert Polyplus for $2.6 billion. But there are some signs of cooling in the field.

Cytokinetics’ pipeline tumble continues after ALS med flops in phase 3 interim look

Cytokinetics' commercial ambitions met another late-stage stonewall, with the company’s amyotrophic lateral sclerosis (ALS) prospect coming up short when investigators took a look under the clinical hood.
 
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'The Top Line': The financial trends biotechs could face in 2023, plus this week's headlines

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