Novartis, Roche under antitrust investigation in Italy

Today’s Big News

Jun 6, 2024

FDA lays out donanemab concerns ahead of meeting, as Lilly vigorously defends safety


France's Orano Med debuts radiotherapy manufacturing plant near Indianapolis


Italy opens antitrust case against Novartis, Roche and others, claiming collusion to delay biosim launch


Otsuka mauled by ad body for 'unacceptable' transparency failing


Edwards rebuffs Medtronic annulus study with 5-year TAVR safety data focused on women

 

Featured

FDA lays out donanemab concerns ahead of meeting, as Lilly vigorously defends safety

The docs for Eli Lilly’s donanemab advisory committee meeting are in: the FDA has raised concerns about the use of tau PET imaging during the clinical trials, the cessation of dosing after amyloid clearance and whether the small risk of brain bleeds in patients taking antithrombotics outweighs the benefits.
 

Top Stories

France's Orano Med debuts radiotherapy manufacturing plant near Indianapolis

Orano Med—which is working on targeted alpha therapies for cancer—on Thursday inaugurated its first Alpha Therapy Laboratory (ATLab) in Brownsburg near Indianapolis, Indiana. The site marks the world’s first industrial-scale facility dedicated to production of lead-212-based radioligand therapies, the company said.

Italy opens antitrust case against Novartis, Roche and others, claiming collusion to delay biosim launch

Italy's antitrust agency is going after Novartis, Genentech, Biogen and Samsung Bioepis for allegedly working together to delay the launch of a Lucentis biosimilar in Italy.

Otsuka mauled by ad body for 'unacceptable' transparency failing

Some slap downs from the PMCPA hit harder than others. The U.K. drug marketing body twisted the knife in its latest ruling against Otsuka, accusing the drugmaker of an unacceptable failure “to provide a full and frank disclosure.”

Edwards rebuffs Medtronic annulus study with 5-year TAVR safety data focused on women

Edwards Lifesciences presented five-year data showing similar safety rates for its Sapien valve regardless of the size of a patient’s aortic annulus or their sex.

Vanda, after rejecting Future Pak offer, gets $466M takeout bid from Cycle Pharma

England-based rare disease drug maker Cycle Pharmaceuticals revealed an $8-per-share offer for Vanda, representing a total buyout offer of $466 million. Vanda recently rejected a buyout offer worth up to $7.75 per share.

Biopharma funding levels at 'new normal' until federal interest rates change: PitchBook

Biopharma investment trends continue to shift, with venture funding jumping to $7.4 billion across 188 deals for the first quarter of the year. This compares to $6.3 billion across 248 deals the previous quarter and demonstrates an increase in deal value despite declining deal count, according to PitchBook.

Sun Pharma brightens up Ilumya promos with psoriasis campaign encouraging self-love

While many campaigns for plaque psoriasis treatments focus on erasing the external effects of the condition, Sun Pharma’s latest Ilumya push is emphasizing the importance of looking inward, too.

Eko Health captures $41M to expand AI stethoscope business worldwide

Eko's fundraising follows an FDA clearance unlocking its AI program for detecting cases of low ejection fraction, a key indicator of heart failure.

Vetter set to expand with construction of new manufacturing sites in Illinois, Germany

Seven years after buying land in Des Plaines, Illinois, that housed a Salvation Army campus, German CDMO Vetter Pharma is finally ready to build on the property. Thursday, the 74-year-old private company revealed plans to move and expand its fill-finish site in Chicago suburb Skokie to Des Plaines, which is 10 miles west. Vetter also said that it is expanding its footprint in its home country, with plans to build a plant in Saarlouis.  

After AbbVie's ImmunoGen buy, Elahere posts midstage trial win in ovarian cancer subtype

AbbVie announced that Elahere—also known as mirvetuximab soravtansine—met its primary endpoint in the midstage PICCOLO trial, triggering an objective response rate of 51.9%.

GSK, after 11-month romance, buys oligonucleotide partner Elsie for up to $50M

After taking 11 months to get to know Elsie Biotechnologies' oligonucleotide platform, GSK is ready to tie the knot with a $50 million deal to acquire the West Coast biotech. 

FDA cracks down on China's Hengrui in scathing manufacturing write-up

In an eight-observation Form 483, the FDA chided Hengrui for a laundry list of manufacturing missteps, including poor contamination controls, subpar cleaning protocols, failure to promptly hand over documentation to inspectors and quality control shortfalls.

Deerfield buys ad firm Embedded, bringing 3 agencies under 1 brand

Deerfield Agency has opened its wallet again, buying up the healthcare marketing and advertising firm Embedded to further extend its offer to life science companies.
 
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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.

 

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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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