Women biotech CEOs reflect at Sisterhood summit

Today’s Big News

Apr 24, 2024

Biogen 'turning the corner' as Leqembi and Skyclarys launches advance, but much work remains to be done: CEO


Roche's pipeline rethink hits 20% of new molecules as cancer candidates join discard pile


A reason to fight: Former FDA leader Janet Woodcock inspires 3rd Biotech Sisterhood summit


Exo brings AI heart, lung apps to its handheld ultrasound probe


Orphan drug market to reach $270B by 2028, led by J&J, Vertex and Roche: Evaluate


To be better at neuroscience, Biogen will invest outside the therapeutic area


AbbVie starts open casting call for next faces of Botox ads, doubling down on pitch to everyday users

 

Featured

Biogen 'turning the corner' as Leqembi and Skyclarys launches advance, but much work remains to be done: CEO

While Biogen’s Chris Viehbacher figures the company is “turning the corner” after several recent setbacks, the CEO admitted Wednesday that there’s still “a lot of work to do” as the biotech plugs ahead with its “Fit for Growth” savings initiative.
 

Top Stories

Roche's pipeline rethink hits 20% of new molecules as cancer candidates join discard pile

Roche has performed a little light spring cleaning, sweeping a pair of phase 1 solid tumor drugs and an early-stage psychiatric disorder prospect out of the door as part of its update for the first quarter. The culls are part of a broader refocusing that has removed 20% of new molecules from the pipeline in recent quarters.

A reason to fight: Former FDA leader Janet Woodcock inspires 3rd Biotech Sisterhood summit

What does it feel like to be a woman CEO in biotech? An island, according to former Gossamer Bio CEO and co-founder Sheila Gujrathi, M.D.

Exo brings AI heart, lung apps to its handheld ultrasound probe

The latest green lights add cardiac and lung-focused programs to the company’s bladder, hip and thyroid scanning options.

Orphan drug market to reach $270B by 2028, led by J&J, Vertex and Roche: Evaluate

The orphan drug sector has long been clearing growth in the larger pharmaceutical market with booming sales. But thanks to blockbuster meds across wider disease areas and other challenges, the lucrative market may soon slow down for the first time in years.

To be better at neuroscience, Biogen will invest outside the therapeutic area

To be a better neuroscience company, Biogen is going to diversify—outside of the therapeutic area that has in recent years defined the company.

AbbVie starts open casting call for next faces of Botox ads, doubling down on pitch to everyday users

As medical aesthetic rivals sign up galaxies of star spokespeople, AbbVie continues to go in the opposite direction and focus on the everyday users of its beauty products. The drugmaker is holding another open casting call for Allergan Aesthetics to find the next faces of campaigns for products including Botox.

Roche's Vabysmo shows no sign of slowdown after Regeneron and Bayer's launch of Eylea HD

How much impact has the approval of high-dose Eylea had on the upward trajectory of Roche’s Vabysmo? Not much, according to sales figures released by Roche.

AstraZeneca and Merck's Lynparza set to 'dominate' PARP market as it looks to grow cancer offerings with 100-plus ongoing trials

AstraZeneca and Merck were the first to grab an FDA approval for their PARP inhibitor Lynparza, and, despite growing competition, the drug is set to remain top dog in the PARP space.

Day One takes on Novartis with FDA nod for Ojemda in broader common childhood brain tumor use

Another drug is in town for common pediatric brain tumors. Compared with an incumbent offering from Novartis, Day One's newcomer boasts an FDA approval covering a broader patient population.

Chiesi survey shows how Fabry drugs are failing patients, providing road map for ousting incumbents

A Chiesi survey has found widespread unmet needs among Fabry disease patients taking drugs such as Sanofi’s Fabrazyme, pointing to how the Italian drugmaker can muscle in on the market.

New AI drug discovery powerhouse Xaira rises with $1B in funding

If you asked an AI to generate a brand-new drug discovery biotech with a team of some of the biggest names in the biz for you, it couldn’t dream up one like Xaira Therapeutics. The company emerged Tuesday with $1 billion in committed funding.

Vertex has top orphan asset in the pipeline, as pharma eyes shiny obesity drugs: report

Vertex’s cystic fibrosis triple combo is poised to become the top selling orphan drug in terms of net present value, amid shifting sentiments in the pharma industry for rare disease drugs, according to Evaluate.
 
Fierce podcasts

Don’t miss an episode

'The Top Line': Winning formulas for the best biotech and drug names

This week on "The Top Line," we are joined by Annalee Armstrong, Senior Editor at Fierce Biotech, and Ben Adams, Senior Editor of Fierce Pharma Marketing, to discuss Fierce's take on March Madness.
 

Resources

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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.
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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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