Pfizer, Flagship pick obesity for 1st program

Today’s Big News

Jun 12, 2024

Analysts tip Lilly’s Alzheimer’s launch to boost rival Leqembi


WuXi shares jump after BIOSECURE Act's exclusion from defense spending bill


Pfizer, Flagship name first target for multibillion-dollar collaboration: obesity


Kardium nets $104M for its spherical pulsed field ablation catheter


BMS chief Boerner says company is still open to deals after spending more than $20B on M&A last year


Foresite raises $900M to make big bets in 'one of the best biotech investment environments'

 

Featured

Analysts tip Lilly’s Alzheimer’s launch to boost rival Leqembi

Eli Lilly looks set to make the long-deserted Alzheimer’s disease market a two-horse town—but that may be a good thing for Biogen and Eisai. William Blair analysts are tipping the anticipated approval of a rival anti-amyloid therapy to boost Leqembi by helping raise awareness, although they also see possible risks to the early frontrunner after Lilly waltzed through its advisory committee.
 

Top Stories

WuXi shares jump after BIOSECURE Act's exclusion from defense spending bill

The BIOSECURE Act was officially left off of the National Defense Authorization Act (NDAA), which was the expected first step to the bill's passage.

Pfizer, Flagship name first target for multibillion-dollar collaboration: obesity

Pfizer and Flagship Pioneering have settled on the first target for their billion-dollar, multiprogram collaboration and it’s not exactly a surprise: The New York pharma giant will work with the venture creation firm’s ProFound Therapeutics to develop new obesity drugs.

Kardium nets $104M for its spherical pulsed field ablation catheter

Shortly after announcing positive clinical trial data from its pulsed field ablation treatment for irregular heart rhythms, Kardium has more good news to share.

BMS chief Boerner says company is still open to deals after spending more than $20B on M&A last year

As some pharma giants pump the brakes on big M&A deals, Bristol Myers Squibb—hot off a series of rapid-fire acquisitions in 2023—says it still has dealmaking cash to deploy if the right target comes along.

Foresite raises $900M to make big bets in 'one of the best biotech investment environments'

Foresite Capital CEO Jim Tananbaum says we’re in “one of the best biotech investment environments” of his multi-decade career—and has rounded up $900 million to put that belief to the test with a fresh set of big bets.

Novo, Novartis, BMS among pharmas celebrating LGBTQ+ Pride month on social media

According to a Fierce Pharma Marketing review of the Instagram pages of about two dozen of the world’s biggest drugmakers, as of Wednesday, the majority have acknowledged Pride month in some way.

Ultragenyx-Mereo's brittle bone drug sustains fracture rate cut in midphase follow-up

Ultragenyx and Mereo BioPharma have broken off another piece of brittle bone data, linking their drug candidate to sustained reductions in fracture rates in a midphase clinical trial.

Amid FTC crackdown, judge says Teva inhaler patents are 'improperly listed' in FDA Orange Book

A federal judge in New Jersey ruled that five of Teva’s patents on the metered dose inhaler for its asthma med ProAir HFA are “improperly listed” in the FDA’s Orange Book. The ruling came in Teva's case against Amneal Pharmaceuticals, which is seeking to launch a generic version of the drug.
 
Fierce podcasts

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'The Top Line': A look at the top 10 pharma drug ad spenders

In this week’s episode of “The Top Line,” the Fierce Pharma Marketing team discusses the annual top pharma drug ad spenders special report.

 

Resources

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Adding Rare Disease Products to Your Company’s Portfolio

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

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