Thermo Fisher shutters COVID test sites, lays off staff

Today's Big News

May 4, 2023

Manufacturing operations for Eli Lilly, Rentschler reprimanded by FDA


Next round of KRAS drugs stretch for their 4-minute mile in the footsteps of Amgen and Mirati


Thermo Fisher lays off another 218 workers as 3 COVID test-making sites shutter


Novartis spruces up Sandoz—again—by bringing 6 new US generics into the fold


Novo Nordisk’s Hemlibra rival faces another approval setback as FDA raises dosing, manufacturing questions


Tandem plots late 2023 launch of slimmed-down insulin pump, with Dexcom, Abbott CGM integrations

 

Featured

Manufacturing operations for Eli Lilly, Rentschler reprimanded by FDA

After FDA inspectors visited Eli Lilly and Rentschler Biopharma production sites in October 2022 and early 2023, respectively, the United States' drug regulator is making concerns about the facilities public.
 

Top Stories

Next round of KRAS drugs stretch for their 4-minute mile in the footsteps of Amgen and Mirati

The KRAS inhibitor scene has always been a bit braggadocious with Amgen and Mirati Therapeutics battling it out for the first-to-market advantage. But now a new crop of scrappy KRAS upstarts has arrived on the medical conference circuit, trying to needle away at the leaders.

Thermo Fisher lays off another 218 workers as 3 COVID test-making sites shutter

Just a few months after it began pruning back operations at a trio of its test-making facilities in San Diego, Thermo Fisher Scientific is now completely uprooting all three.

Novartis spruces up Sandoz—again—by bringing 6 new US generics into the fold

Novartis has been busy beefing up Sandoz on the way to spin out the unit into the world’s largest generics company. In a new deal, Sandoz obtained exclusive rights to sell six small-molecule generic candidates in the U.S. from Malta-based pharmaceutical company Adalvo.

Novo Nordisk's Hemlibra rival faces another approval setback as FDA raises dosing, manufacturing questions

Three years after the FDA forced Novo Nordisk to pause a trial of its potential Hemlibra rival over reports of blood clots, the U.S. regulator has placed a further barrier in front of the drug—even as it secures approval in other territories.

Tandem plots late 2023 launch of slimmed-down insulin pump, with Dexcom, Abbott CGM integrations

On the heels of a first quarter that saw its sales slip and operating loss widen, Tandem Diabetes Care is banking on making big moves in the second half of the year to turn things around.

Amid high demand, Novo Nordisk temporarily throttles US supply of low-dose Wegovy

After Wegovy's market relaunch in January, Novo Nordisk sees a "short-term need" to limit supplies of certain doses of the obesity medicine in the United States.

Roche creates organoid research institute to shake up drug discovery and development

Roche is betting preclinical drug development is on the cusp of a major change. After tracking advances in fields including engineering and computational science, the Swiss drugmaker has set up the Institute of Human Biology (IHB) and asked its staff to collaborate with external partners to create better models.

Boehringer Ingelheim to test Click Therapeutics' digital schizophrenia app in the clinic

A yearslong collaboration between Click Therapeutics and the drugmaker Boehringer Ingelheim exploring the potential of digital apps in schizophrenia therapy will now be put to the test in the clinic.

Moderna warns of severe sales slowdown in Q2, takes $378M charge amid lull in vaccinations

Demand for COVID vaccines is falling fast, and Moderna is feeling the chill. The mRNA biotech expects to generate between $200 million and $300 million sales from its COVID vaccine Spikevax in the second quarter based on existing contracts, a steep decline from prior periods.

Pfizer, Valneva push back Lyme disease vaccine filing to 2026 after cutting half of participants

Pfizer and Valneva are pushing back a regulatory filing for their Lyme disease vaccine by a year after the companies were forced to pull half of the participants from a phase 3 study in February.

Home kidney test developer Healthy.io touts $50M VC backing

After collecting an FDA clearance last year for its smartphone-based home kidney test, Healthy.io is letting it be known that it has the cash to help back it up.
 
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