GlaxoSmithKline no more: Meet the new GSK
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WELCOME TO FIERCE LIFE SCIENCES WEEKLY DIGEST

Following this month’s profiles of the most influential CEOs and scientists in biopharma, we now turn our attention to the entrepreneurs, including company builders and investors that have helped transform the industry. Meanwhile, the FDA handed down an anticipated approval for Mounjaro, Eli Lilly’s new Type 2 diabetes and weight loss drug that’s slated to generate nearly $5 billion in sales by 2026 as it competes with Novo Nordisk’s blockbuster Ozempic. Elsewhere, Pfizer, Sarepta, Genethon and Solid Biosciences teamed up to present a pooled safety analysis of their gene therapies for Duchenne muscular dystrophy, with the goal of minimizing further complications. Those stories, plus our other top reads of the week, follow below.

 

Featured Story

Lilly's highly anticipated diabetes drug Mounjaro wins FDA blessing

Arriving with lofty expectations, Eli Lilly’s Mounjaro (tirzepatide) got its call-up to the big leagues Friday as the FDA sanctioned the Type 2 diabetes and weight loss med. In a competitive market, which Novo Nordisk leads, can Lilly hit a home run with a drug that was shown in clinical trials to be more effective than other diabetes treatments?

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Top Stories Of The Week

UPDATE: Pfizer, Sarepta team with fellow DMD gene therapy makers to get to the bottom of adverse events

The four companies working on gene therapies for Duchenne muscular dystrophy have had another thing in common besides the modality and disease they’re working on: serious adverse events. Pfizer, Sarepta, Genethon and Solid Biosciences teamed up for a pooled safety analysis that was presented this week at the American Society of Gene and Cell Therapy meeting.

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Most influential people in biopharma—the entrepreneurs

The leaders in this week's Most Influential People in Biopharma category have led companies of all types in this industry⁠—and they're still building today. While they may have scientific and medical expertise, the Fierce team felt their contributions to the business aspects of biopharma made them worth featuring this week.

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GlaxoSmithKline is no more: Meet the scaled down 'GSK'

More than two decades ago, Glaxo Wellcome and SmithKline Beecham combined to become GlaxoSmithKline. But as the British Big Pharma looks to slim down its organization with its consumer demerger, its longstanding name is getting the same treatment.

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To TIGIT or not to TIGIT? Roche's latest trial flop casts shadow on Big Pharma's $6B bet

Once hailed as the future of immuno-oncology, it looks like TIGITs could now be in trouble. Roche admitted last week to a second phase 3 trial failure for tiragolumab, which was unable to demonstrate the progression-free survival achieved by Tecentriq alone in patients with non-small cell lung cancer.

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AstraZeneca bags pan-variant COVID-19 antibodies from stealthy biotech in $157M deal

AstraZeneca is keeping its foot on the gas on COVID-19 R&D, striking a deal to license RQ Biotechnology’s early-stage monoclonal antibodies against SARS-CoV-2 in a deal worth up to $157 million plus royalties.

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Pfizer holding on tight to supplies of COVID-19 drug Paxlovid, limiting the prospect of combination research: report

Pfizer is keeping a tight fist around supplies of its blockbuster COVID-19 drug, Bloomberg reports. Researchers aren't able to get their hands on the pills for combination studies, which they say could help them fight the looming problem of drug resistance.

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Moderna may claw back $700,000 salary from Gomez after his 1-day stay

After the departure of CFO Jorge Gomez after just one day on the job, Moderna says that it has agreed with its ousted finance chief to recoup his severance pay if he is found guilty of wrongdoing at his previous stop, Dentsply Sirona.

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Researchers uncover the brain's link to SIDS, setting up potential infant screening test

“This discovery changes the narrative around SIDS," said lead researcher Carmel Harrington, who lost her own child to sudden infant death syndrome 29 years ago.

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AskBio and you shall receive as the Bayer-backed gene therapy maker touts early phase 1 data

AskBio's gene therapy to treat congestive heart failure is showing promise in initial data from an open-label phase 1 trial. Among three patients, there were no safety concerns through one year of treatment, and all three showed clinical improvement.

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Novartis sells UK plant after delay, costing 212 workers their jobs

After Novartis tagged its plant in Grimsby, England, for closure back in 2018, the company encountered unexpected higher demand for two medicines and had to keep the site operational. But now Novartis has officially offloaded the site.

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After 14 years, Agios is looking for a partner to tango with, but tough changes lie ahead

After going it alone for the past 14 years, Agios is ready to find a dance partner to help move its pipeline forward. But as part of the hunt for a company or companies that may nod back to Agios’ cabeceo, some tough choices lay ahead.

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'The Top Line' podcast: The aftermath of Roche's failed TIGIT, Big Pharma's Q1 growth vs mRNA stars, plus this week's headlines

This week on "The Top Line," we discuss what's left in the wake of Roche’s failed high-risk bet on an anti-TIGIT cancer drug. We also talk about Big Pharma’s growth in the first quarter and the week's biggest headlines. Plus, Fierce journalists share what it was like to finally be in a newsroom together again.

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Resources

Executive Summary: PBPK Modelling for Optimizing Controlled Release Dosage Form Development

In this executive summary, we describe the benefits of controlled release, look at how to determine whether a drug is suitable for controlled release, review the application of PBPK modelling in controlled release formulation development and discuss how modified release products can be developed to deliver optimal patient outcomes.

Whitepaper: Gain Operational Speed and Velocity by Sharing Quality Incident Data

Quality operations guide your organization through regulatory compliance processes and safeguard your products, processes, and reputation. But your team is capable of so much more. Quality incident data and processes can be a driver of significant business value if shared with other stakeholders.

Whitepaper: Medical Affairs Metamorphosis: Trends Driving Change & What They Mean

Recent trends are driving big changes in Medical Affairs. This paper explores why, and what MA teams can do to stay ahead of the curve.

eBook: Streamline HCP interactions management

Don’t miss these critical considerations when evaluating your HCP interactions management program.

Events