Plus, the industry’s top-paid R&D execs and ad spenders

Today’s Big News

Jun 3, 2024

Akeso, Summit's Keytruda win draws 'explosive' interest at ASCO. But what does Merck think?


No hormones, no problem: YourChoice’s first-of-its-kind male birth control is safe for men, so far


BD claims Edwards’ hospital monitoring portfolio for $4.2B


Top 5 highest paid biopharma R&D executives in 2023


The top 10 pharma drug ad spenders for 2023


Pharma awaits Fed relief with $1T in firepower to spend on biotech innovation: report

 

Featured

Akeso, Summit's Keytruda win draws 'explosive' interest at ASCO. But what does Merck think?

After Akeso and Summit's ivonescimab beat Keytruda in a head-to-head trial in non-small cell lung cancer, analysts are trying to sort out the financial ramifications while biopharma insiders are eager to see the exact data. But what does Merck think?
 

Top Stories

No hormones, no problem: YourChoice’s first-of-its-kind male birth control is safe for men, so far

Women have long shouldered the burden of birth control. Now, men may soon have an option that is not only hormone-free, but also allows space between doses. 

BD claims Edwards’ hospital monitoring portfolio for $4.2B

The deal includes Edwards’ Critical Care group and its 4,500 employees, which were previously being set up for a spinoff into an independent company.

Top 5 highest paid biopharma R&D executives in 2023

While 2022 offered quite a few R&D leadership shake-ups, 2023 proved much calmer, with one whopping standout—a $20 million payout for Johnson & Johnson’s new head of pharma R&D.

The top 10 pharma drug ad spenders for 2023

AbbVie has toppled Sanofi and Regeneron as the biggest drug ad spender across the pharmaceutical industry in 2023 with a major victory for its next-gen immunology blockbuster Skyrizi.

Pharma awaits Fed relief with $1T in firepower to spend on biotech innovation: report

Pharmas have a record $1 trillion to deploy on new innovative deals. All they need is for the Federal Reserve to lower rates, according to a new report from Ernst & Young.

GSK hit with high-stakes setback in Zantac saga as judge allows tens of thousands of lawsuits to proceed

The decision of a Delaware judge on Friday to allow more than 75,000 Zantac lawsuits to go forward to jury trials has left four major drugmakers—GSK, Pfizer, Sanofi and Boehringer Ingelheim—vulnerable to costly awards, settlements and litigation fees as they try to resolve claims that the heartburn drug can cause cancer.

Prostate cancer? Ptooey! Saliva test detects aggressive tumors in study

A clinical study found that an at-home test based on the DNA found in spit samples could detect cases of prostate cancer that would otherwise slip past a standard blood draw.

ASCO: AstraZeneca, Daiichi's Enhertu looks to make history again in HER2-ultralow breast cancer

After Enhertu pioneered the HER2-low category in breast cancer treatment, AstraZeneca and Daiichi Sankyo are now hopeful that the antibody-drug conjugate can reach tumors with an even lower expression of the protein biomarker.

ASCO: After Keytruda, Merck builds 3-pronged cancer strategy starring Moderna-partnered vaccine

As Keytruda’s 2028 patent cliff looms, Merck & Co.’s renewed R&D oncology strategy focuses on three strategies. One of those prongs is improving immune responses, a pillar that stars Moderna-shared cancer vaccine mRNA-4157.

AbbVie's Humira 2.0 drug couple Skyrizi, Rinvoq will help sales rebound amid biosimilar onslaught: report

AbbVie’s Humira sales slipped last year as the Big Pharma dealt with the first real generic erosion of its immunology megablockbuster, but its backup meds will be more than enough to not just shore up its revenue—but also boost its top line.

Ahead of bankruptcy sale, Acorda fights on with new Inbrija TV spot

As a decision date on its proposed asset sale to Merz Therapeutics looms, Acorda Therapeutics still hasn’t lost its fighting spirit.

Lotte Biologics, Merck KGaA ink partnership deal for biopharma production

South Korean CDMO Lotte Biologics and Merck KGaA signed a partnership deal focused on expanding biopharmaceutical production and process development.
 
Fierce podcasts

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'The Top Line': A cell therapy reckoning

In this week's episode of "The Top Line," two journalists from the Fierce Biotech team share key insights from their four-part series on the challenges and breakthroughs in cell therapy.

 

Resources

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This paper outlines the challenges, pitfalls, & solutions associated with adding rare disease therapies to a biopharma company’s portfolio.
 

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Date: ‌4 ‌July ‌2024 ‌- ‌Location: ‌Babraham ‌Research ‌Campus, ‌Cambridge ‌UK

 

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