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April 19, 2019

Welcome to FierceLifeSci Weekly Digest, your roundup of the biggest and most popular stories from each of our publications.

Featured Story

GSK warns of possible layoffs as Barron's revised R&D strategy takes effect

GlaxoSmithKline is set to lay off a small number of R&D employees at its Stevenage, U.K., site as part of a wider rethink of its drug development operation. The layoffs come as GSK revises its R&D strategy under the scientific leadership of Hal Barron.

Top Stories Of The Week

Thumbs-up on $74B BMS-Celgene deal ends months of activist outrage

Despite campaigning by Starboard Value and other institutional investors to scuttle Bristol-Myers Squibb's Celgene buyout, 75% of shareholders backed the deal in Friday's official vote. Now, the combined company will get its chance to tackle a range of challenges, from an FTC investigation to the looming patent expiration on Celgene's blockbuster Revlimid.

J&J, Merck and Pfizer spent tax savings on investor payouts, not R&D: Oxfam

Four pharma companies reaped a combined $7 billion in savings from two provisions in the Tax Cuts and Jobs Act, which the Trump administration said would create jobs and boost investment. But Big Pharma spent most of that windfall on investor payouts, an Oxfam report says.

Stealthy Insitro opens up—starting with Gilead deal worth up to $1.05B

Daphne Koller’s Insitro launched last May with a blog post detailing a broad vision without getting too deep into the weeds. Now, Insitro is ready to share a little more—starting with a Gilead partnership worth $15 million upfront, but that could total more than $1 billion.

Thermo Fisher launches 'smart' PCR systems with facial unlock, voice commands

If you’ve ever wished your genetic analyzer could work more like your smartphone, you may be in luck: Thermo Fisher Scientific is bringing high-tech upgrades to its real-time PCR instruments it says are designed to improve the user experience.

J&J's Balversa wins quick blockbuster nod as first targeted therapy for bladder cancer

Targeted therapies have been widely adopted in several cancer types, but not in bladder cancer—until a new nod the FDA doled out to FGFR inhibitor Balversa on Friday. For developer Johnson & Johnson, it means potential $1 billion sales.

The king is dead, long live the king: Sharpless vows to continue Gottlieb era at FDA

Scott Gottlieb’s relatively short two-year tenure as the FDA’s head has ended, and we have a new man at the helm: Ned Sharpless. However, he used his first official talk to ensure we all know he’s not looking to tear up Gottlieb’s legacy.

Keytruda continues its lung cancer land grab with another FDA nod

Merck & Co.’s Keytruda is already approved as a monotherapy in previously untreated non-small cell lung cancer patients with high levels of PD-L1. Now, thanks to a new FDA green light, it’s allowed in patients with low PD-L1 levels, too. But analysts have expressed doubts about its real-world use.

Bringing CAR-T cancer treatments to solid tumors with help from alpacas

Scientists at Boston Children's Hospital and MIT built CAR-T cells that are inspired by alpaca antibodies and can target protective proteins around solid tumors. They plan to test the approach in pancreatic and bile duct cancers.

10 killed in explosion at Chinese pharma plant

Smoke from a fire set off by welding sparks reportedly killed 10 workers and injured a dozen rescuers at a pharmaceutical plant in China.

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[eBook] 2018 Weekly Compendium

The Biopharma industry is moving at lightning speed and it can be a challenge to keep pace. Here at Biotech Primer we spend hours each week researching, writing, and editing original content for the Biotech Primer WEEKLY with one goal in mind: to help everyone better understand the latest science and technology driving today’s healthcare industry.