Biden to choose NIH leader

Today's Big News

Apr 21, 2023

As Bayer's CEO switch nears, activist investor pushes harder for breakup, board changes


Illumina sets deadline for proxy fight over its board of directors


Chutes & Ladders—Joe Biden reportedly tapping NCI chief to lead NIH


AbbVie, J&J get win in U.K. for Imbruvica combo as BeiGene, AZ surge with single agents


Amid Pluvicto shortage, FDA quickly clears Novartis manufacturing facility


Jennifer Doudna's research institute takes CRISPR to cow burps in quest to solve climate change


'The Top Line': How Pfizer became the first in Big Pharma history to break $100B in sales, plus this week's headlines

 

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As Bayer's CEO switch nears, activist investor pushes harder for breakup, board changes

In a new report, Bluebell urged Bayer to take things a step further after tapping Roche veteran Bill Anderson as the new CEO. With the appointment of a “credible, external CEO,” the German conglomerate should now turn its attention to “significantly” refreshing its supervisory board.
 

Top Stories

Illumina sets deadline for proxy fight over its board of directors

Activist investor Carl Icahn lodged a public proxy fight against the DNA sequencing giant in early March—largely over the company’s $8 billion acquisition of Grail and its resulting legal quarrels with antitrust regulators.

Chutes & Ladders—Joe Biden reportedly tapping NCI chief to lead NIH

President Joe Biden will tap the current head of the National Cancer Institute and former cancer surgeon Monica Bertagnolli, M.D., to lead the National Institutes of Health. The move is the first permanent replacement for the federal institute after Francis Collins retired in 2021.  

AbbVie, J&J get win in UK for Imbruvica combo as BeiGene, AZ surge with single agents

AbbVie and Johnson & Johnson’s Imbruvica may be losing popularity in the BTK inhibitor rivalry, but the two companies got a small victory as England’s NICE recommended Imbruvica in a combination for people with untreated chronic lymphocytic leukemia.

Amid Pluvicto shortage, FDA quickly clears Novartis manufacturing facility

After a shortage prevented prostate cancer patients from getting Novartis’ Pluvicto, the FDA has quickly approved a radiotherapy manufacturing facility to help the company ramp up commercial supply.

Jennifer Doudna's research institute takes CRISPR to cow burps in quest to solve climate change

Jennifer Doudna's Innovative Genomics Institute will use a new $70 million grant from TED to develop gene editing and metagenomics tools to reduce greenhouse gases from cow burps.

'The Top Line': How Pfizer became the first in Big Pharma history to break $100B in sales, plus this week's headlines

This week on "The Top Line," we talk about how Pfizer became the first company in Big Pharma history with $100 billion in sales. We also dive into a J&J data leak, Eli Lilly's manufacturing spending plan and more of this week's top headlines.

Know Labs’ noninvasive diabetes sensor tech aces proof-of-concept tests

Know Labs is one step closer to bringing its noninvasive glucose monitoring technology to the masses.

FDA again delays Daiichi's plans to challenge Astellas and Novartis for blood cancer market

Daiichi Sankyo’s long wait for approval of quizartinib just grew a little longer. Having bounced back from a 2019 rejection, the Japanese drugmaker has now learned the FDA needs another three months to review its second attempt to launch a challenger to Astellas and Novartis in a blood cancer market.

In Zetia antitrust case, Merck and Glenmark ink deals with 2 plaintiff groups as retailers hold out

In February, a federal judge said Merck & Co. and Glenmark Pharmaceuticals would have to face a jury trial over an alleged pay-for-delay deal tied to the cholesterol med Zetia. Now, two plaintiff groups have gotten in line behind settlement offers. But holdouts could still force Merck and Glenmark to defend themselves in court.

Alphatec offers $55M to acquire robotic navigation system from Accelus amid 52% revenue growth

With preliminary first-quarter results showing a major boost in its revenues, Alphatec Holdings—the surgical device maker commonly known as ATEC Spine—has money to burn.

Playing catch-up, Boehringer taps RetinAI for AI boost to eye disease R&D

Boehringer Ingelheim has tapped RetinAI to support its attempt to develop treatments for geographic atrophy, striking a deal to apply AI tools to its imaging data in a search for novel biomarkers and predictors of disease progression.
 
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'The Top Line': How Pfizer became the first in Big Pharma history to break $100B in sales, plus this week's headlines

This week on "The Top Line," we talk about how Pfizer became the first company in Big Pharma history with $100 billion in sales. We also dive into a J&J data leak, Eli Lilly's manufacturing spending plan and more of this week's top headlines.
 

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