Abbott clinches FDA nod for leadless pacemaker

Today's Big News

Jul 5, 2023

AstraZeneca stock slides as pivotal lung cancer readout on Daiichi-partnered ADC spooks investors


Moderna strikes deal worth up to $1B to develop, produce mRNA drugs in China: reports


Takeda adds another F-star collab to constellation, this time for $1B biobucks


Abbott reels in FDA approval for dual-chamber leadless pacemaker


Samsung Biologics, Pfizer expand biosimilar production partnership with pair of deals worth $897M


AbbVie sends SHP2 deal back to port, following Big Pharma peer in retreating from target

 

Featured

AstraZeneca stock slides as pivotal lung cancer readout on Daiichi-partnered ADC spooks investors

AstraZeneca and Daiichi Sankyo’s attempt to repeat the success of Enhertu has delivered its first phase 3 data. The antibody-drug conjugate improved progression-free survival in lung cancer patients but, with the partners yet to share numbers and “some” patients suffering fatal adverse events, shares in AstraZeneca fell almost 6% in early trading in London.
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July 18-19, 2023 | Jersey City, NJ
 

Top Stories

Moderna strikes deal worth up to $1B to develop, produce mRNA drugs in China: reports

In a deal that could be worth up to $1 billion, Massachusetts-based Moderna inked a memorandum of understanding, plus a land collaboration agreement, to research, develop and manufacture mRNA medicines in China.

Takeda adds another F-star collab to constellation, this time for $1B biobucks

Takeda and F-Star are tacking on another bispecific antibody deal worth $1 billion in potential milestones, marking the third time the two have partnered up in a year. 

Abbott reels in FDA approval for dual-chamber leadless pacemaker

Just a few weeks after Abbott presented the successful results of a trial of its Aveir DR dual-chamber leadless pacemaker system—data that it said had been promptly submitted for regulatory review—the company has secured FDA approval for the technology.

Samsung Biologics, Pfizer expand biosimilar production partnership with pair of deals worth $897M

With Pfizer set to launch its biosimilar version of AbbVie’s Humira, the company has expanded its partnership with Samsung Biologics, which will produce biosimilars for the pharma giant at its sprawling complex in South Korea. Samsung said on Monday that Pfizer had added to two biosimilar production agreements the companies had made earlier this year, making the combined total $897 million.

AbbVie sends SHP2 deal back to port, following Big Pharma peer in retreating from target

Once one of the hottest vessels in the pharma fleet, SHP2 inhibitors are starting to retreat from the seas as AbbVie joins the list of companies ending work on a collaboration with Jacobio to develop therapies for the target.

Medtronic finds hacking risk in heart device data management system

Medtronic has identified a vulnerability that could potentially allow hackers to access the cardiac device data stored in its Paceart Optima data workflow systems.

FDA rebuffs Amneal's Parkinson's prospect with $500M peak sales target

The FDA has rebuffed Amneal’s application for IPX203, an oral formulation of carbidopa/levodopa, which leverages a unique delivery formula in a bid to increase “on” time without troublesome dyskinesia.

Researchers find 'highly synergistic' combo featuring Mirati's Krazati in pancreatic cancer models

A new study from researchers at the University of California San Diego School of Medicine has found one potentially beneficial combo for pancreatic cancer: Mirati Therapeutics' KRAS inhibitor adagrasib, known as Krazati, and Boehringer Ingelheim’s ERBB gene inhibitor afatinib, trade name Gilotrif.

Roche pulls a Gavreto approval before Blueprint severance, citing unfeasible trial

Another accelerated approval has run its course, with Roche giving up on a niche indication for cancer drug Gavreto. The move comes as the Swiss pharma giant prepares to terminate a collaboration with Blueprint Medicines.

BD cuts 60 jobs at Irish site, citing COVID-induced shifts in demand, Embecta carve-out

Even as BD allots million of dollars toward expanding its presence in Ireland, the medtech giant is planning a simultaneous slimdown of one of its sites on the Emerald Isle.
 
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'The Top Line': The American Diabetes Association's annual conference, plus this week's headlines

This week on "The Top Line," we discuss the American Diabetes Association's annual conference, plus a statement about transgender care, light therapy, and the rest of the week's headlines.
 

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