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Apr 5, 2024

No reprieve for biopharma layoffs in Q1: Fierce Biotech analysis


‘Unprecedented' demand for Eli Lilly's Zepbound sparks US supply constraints


Eli Lilly's popular diabetes drug Mounjaro to face continued supply squeeze through April, FDA says


What does it mean for a confirmatory trial to be 'well underway'? Regeneron wants to know 


Solventum gets the ball rolling after 3M spinout


Lonza poaches CEO from rival as it prepares to reap rewards of Roche plant buy

 

Featured

No reprieve for biopharma layoffs in Q1: Fierce Biotech analysis

The biotech industry has been holding its breath, hoping that 2024 would bring some reprieve from 2023’s brutal bear market. But market recovery is a slow process, and the number of layoffs reported this quarter reflect that sentiment, with 57 layoff rounds reported for the first three months—the exact number reported during the same period last year.   
 

Top Stories

'Unprecedented' demand for Eli Lilly's Zepbound sparks US supply constraints

While the drug is not listed on the FDA's shortage list, some pharmacies are facing supply issues. Amazon Pharmacy, for instance, notes that several dosage strengths are "unavailable."

Eli Lilly's popular diabetes drug Mounjaro to face continued supply squeeze through April, FDA says

Four dose strengths are now expected to be in short supply through April, according to the FDA. The agency previously expected the squeeze to let up at the end of March.

What does it mean for a confirmatory trial to be 'well underway'? Regeneron wants to know

Days after Regeneron received a complete response letter for the blood cancer medicine odronextamab, hematology executive Andres Sirulnik says the trial is enrolling just fine—it’s just that randomization hasn’t begun.

Solventum gets the ball rolling after 3M spinout

3M has finished carving out its healthcare business, formally establishing Solventum as an independent, St. Paul, Minnesota-based manufacturer of a medtech catalog that brought in $8.2 billion in 2023 sales.

Lonza poaches CEO from rival as it prepares to reap rewards of Roche plant buy

Lonza’s search for a CEO has led the Swiss CDMO giant to its compatriot competitor, Siegfried. The appointment of Wolfgang Wienand could end a period of leadership instability marked by multiple CEO handovers since 2019.

J&J targets rare maternal-fetal diseases: 'We're going for this. No one else has'

More than 60 years after RhoGAM’s approval, Johnson & Johnson's Katie Abouzahr, M.D., is hoping to build off the pharma’s own legacy and bring another maternal fetal immunology treatment to market.

AstraZeneca CEO's 2024 pay proposal under fire from influential proxy advisers

Like clockwork, AstraZeneca CEO Pascal Soriot’s pay is under fire again. The two most influential proxy advisory firms are rallying investors to vote against the 2024 pay proposal for Soriot at the company’s annual general meeting this month.

Old tweet, new problem: PMCPA chides Pfizer over UK staffer's 2020 Twitter misstep

Pfizer is learning there is a kernel of truth in the saying “the internet never forgets.” More than three years after the offense, the drugmaker has received a telling-off from the U.K. drug promotion watchdog over a retweet by one of its employees.

Could immunotherapy prevent breast cancer before it starts?

Researchers for the first time have identified dysfunctional immune cells in the healthy breast tissue of women with mutations in the genes BRCA1 and BRCA2, a finding that opens up the possibility of using existing immunotherapy drugs to prevent cancer before it forms.
 
Fierce podcasts

Don’t miss an episode

'Podnosis': A closer look at social prescribing and the impact of the arts on our health

This week on "Podnosis," we explore the field of social prescribing and the role of arts and culture in shaping the future of mental health treatment.
 

Resources

Whitepaper

Oncology Market Outlook 2024

This paper assesses the current state of the oncology market, reviewing key expectations for 2024. It addresses CAR-T therapies, KRAS, radiopharmaceuticals, & targeted protein degradation.
Whitepaper

Industry Insights: What to Expect from a 3PL

Selecting a 3PL with a proven track record of delivering high-quality services is critical to a successful pharma supply chain. Here's how.
Whitepaper

Guidance for Biotechs Choosing Next-Gen Contract GMP/CMC Labs

Choosing the right contract lab can help drug developers accelerate their timelines and generate cost-efficiencies. For insights into what to look for when selecting a GMP/CMC lab partner read this white paper which delves into a range of factors that can support your needs in both the short-term and in planning for the future.
 

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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