Biotech slashes staff after 1st trial launch

Today's Big News

Jun 22, 2023

After delays, Sarepta’s DMD gene therapy Elevidys finally makes it past the FDA finish line


GE HealthCare, J&J’s DePuy Synthes join forces around 3D imaging tech


Federation Bio cuts undisclosed number of staff months after launching first trial


Pfizer, GSK RSV shots get tepid recommendations from CDC advisory panel


UniQure's stock plummets after data drop for Huntington's disease gene therapy


Novo Nordisk, Eli Lilly face scrutiny from EU's drug regulator over GLP-1 safety

 

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After delays, Sarepta’s DMD gene therapy Elevidys finally makes it past the FDA finish line

After the FDA said it needed "modest additional time" to review the therapy, the agency has ultimately approved the Duchenne muscular dystrophy gene therapy under the accelerated approval pathway. It's now branded as Elevidys.
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Top Stories

GE HealthCare, J&J’s DePuy Synthes join forces around 3D imaging tech

Since flapping its wings and leaving the General Electric nest at the start of this year, GE HealthCare has devoted much of its energy toward broadening its newly solo horizons.

Federation Bio cuts undisclosed number of staff months after launching first trial

Federation Bio is joining the layoff ranks, cutting loose an undisclosed number of employees. The company dosed the first patient in its first clinical trial at the end of 2022.

Pfizer, GSK RSV shots get tepid recommendations from CDC advisory panel

The CDC's Advisory Committee on Immunization Practices has recommended that adults 60 and older—in consultation with their doctors—receive vaccines to prevent lower respiratory tract disease caused by respiratory syncytial virus. The thumbs-up, however, was anything but enthusiastic.

UniQure's stock plummets after data drop for Huntington's disease gene therapy

UniQure’s stock has hit a six-year low after an interim data drop for a study evaluating its investigational gene therapy for Huntington’s disease.

Novo Nordisk, Eli Lilly face scrutiny from EU's drug regulator over GLP-1 safety

The European Medicines Agency (EMA) has ramped up its scrutiny of GLP-1 treatments, raising a safety signal about the potential risk that the diabetes and obesity drugs could cause cancer. The move is a first step for the regulator in monitoring the potential for adverse events that could be related to use of approved drugs. The EU notified Novo Nordisk about the signal last month, the company told Danish news outlet B.T.

Anumana’s Pfizer-backed cardiac amyloidosis-spotting AI algorithm nabs FDA breakthrough tag

For the fourth time in half as many years, Anumana has earned the FDA’s breakthrough device designation for another of its artificial intelligence algorithms designed to catch hard-to-spot heart conditions in their earliest stages.

The culprit behind hairy moles could treat pattern baldness

Startup Amplifica is looking to turn the molecule that makes hair grow in moles into a viable therapy for androgenetic alopecia.

PhRMA joins legal battle over Inflation Reduction Act's 'price-setting' measures

Trade group PhRMA is the latest to go after the IRA in a lawsuit claiming violations of the Fifth and Eighth amendments. The suit follows similar legal efforts by Merck and Bristol Myers Squibb.

Fierce Biotech Fundraising Tracker '23: Tagworks raises $65M series A; Flagship launches Empress with $50M

Alongside the new year, we've launched a new Fierce Biotech Fundraising Tracker to keep the pulse on the industry's financing.
 
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'The Top Line': BIO's conference, plus this week's headlines

This week on "The Top Line," we discuss the the top news from this year's annual BIO meeting, plus a COVID lawsuit, an FDA-approved app and the rest of the week's headlines.

 

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Commercializing Gene Therapies, Part 4 – Market Entry

This paper outlines various market archetypes and key considerations leaders must address when prioritizing new potential markets for gene therapies.
 

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