July 01, 2016

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Welcome to FierceLifeSci Weekly Digest, your Friday roundup of the biggest and most popular stories from each of our publications.



Featured Story

Brexit means EMA must find a new home, and so much more

The European Medicines Agency, the drug regulator for Europe, is headquartered in London. The problem is that the U.K. voted Thursday to leave the European Union, meaning the EMA will now have to leave and find a new home. It is one of the countless concerns that affect the pharma industry with Britain’s historic vote to give up on European unity. Read more from FiercePharma

And more from FierceBiotech:
Uncertainty for biotech as U.K. exits EU, prime minister to resign



Top Stories Of The Week

As Tesaro jumps 108%, Medivation can raise its price, and even Clovis climbs

Thursday, June 30, 2016

Tesaro posted stellar Phase III results yesterday for its PARP inhibitor in ovarian cancer. But following on its good vibes have been other PARP R&D players that all saw their shares jump. The results could make a major difference to the acquisition hopes of Sanofi and Medivation while pulling Clovis out of its shares rut. Read more from FierceBiotech

Medtronic to pick up troubled HeartWare for $1.1B

Monday, June 27, 2016

Medtronic will add a heart failure implant and pipeline products in its $1.1 billion acquisition of HeartWare. The deal will accelerate the development of HeartWare's products and round out Medtronic's Cardiac Rhythm & Heart Failure division. Read more from FierceMedicalDevices

British watchdogs suspend Astellas UK after investigations, audits, and a crackdown from Japanese HQ

Monday, June 27, 2016

After a lengthy investigation, "deception on a grand scale" has prompted British marketing watchdogs to suspend Astellas UK, triggering a shake-up at the top of the Japanese drugmaker's European unit. The Prescription Medicines Code of Practice Authority called it "one of the worst cases" it had ever investigated. Read more from FiercePharmaMarketing

Approved HIV drug could ward off Alzheimer’s disease

Wednesday, June 29, 2016

Mouse studies have shown that small doses of an HIV drug boost the brain’s ability to clear cholesterol. Now, a Case Western Reserve University team has identified how the drug works, suggesting it could be effective in delaying or preventing Alzheimer’s disease in humans. Read more from FierceBiotechResearch

Mylan fired workers at Agila plants after getting FDA warning letter

Monday, June 27, 2016

After getting ensnared in regulatory issues at three of the sterile injectable plants that it bought from Agila Specialties in a $1.75 billion deal, Mylan decided it needed a clean slate at the plant. To get there, it fired workers, hired new employees and started over. Read more from FiercePharmaManufacturing

Medpace shoots for $150M IPO as CRO sector booms

Monday, June 27, 2016

Confidence in the strength of the CRO sector continues apace as Medpace files for a $150 million initial public offering. Read more from FierceCRO

Pfizer bets long on biosimilars in China with $350M plant

Tuesday, June 28, 2016

Pfizer has bet long on biosimilars in China by announcing a $350 million facility, marking a first in Asia and a major new investment in the country. Read more from FiercePharmaAsia

France plans $745M investment to build 235,000-genome-a-year sequencing operation

Monday, June 27, 2016

France has joined the growing list of countries with aspirations to establish population-scale genome sequencing operations. The plan is to invest approximately $745 million to build a network of sequencing and analysis centers capable of processing the equivalent of 235,000 genomes a year by 2020. Read more from FierceBiotechIT

Sanofi and BI hammer out details of $12.5B animal health swap

Monday, June 27, 2016

Boehringer Ingelheim and Sanofi are making progress on an asset swap that will make BI a major player in animal health. Read more from FierceAnimalHealth

Magnetic blood clot dissolver could be 4,000 times more efficient than enzyme treatment

Tuesday, June 28, 2016

Researchers at ITMO University in St. Petersburg, Russia, have developed a magnetically controlled treatment designed to dissolve blood clots. The method looks to be a promising solution to some of the complications associated with enzyme-based thrombolytic drugs. Read more from FierceDrugDelivery

Gavi floats $27.5M for pilot studies of GSK's Mosquirix

Monday, June 27, 2016

Just months after GlaxoSmithKline’s malaria vaccine Mosquirix was given an EMA green light last July, it suffered a setback at the WHO, which recommended that the vaccine be examined in pilot programs before introduction through large immunization campaigns. Now, international vaccine alliance Gavi is stepping in with conditional funding to help the upcoming real-world programs get underway. Read more from FierceVaccines

 



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