FDA amplifies Medtronic's urgent tube recall

Today’s Big News

Jul 10, 2024

2024's layoff woes continue in Q2: Fierce Biotech analysis


Bayer to largely complete layoffs within pharma commercial team in 2024, exec says


FDA boosts Medtronic recall as it pulls endotracheal tubes from market


Roche rises and Sanofi slips in ranking of Big Pharmas' online activities


Flagship brings in $2.6B via 8th fund, with another $1B coming from other projects


Elevar, Hengrui eye quick refile for PD-1 liver cancer combo after surprise FDA rejection

 

Featured

2024's layoff woes continue in Q2: Fierce Biotech analysis

Just as there’s been little relief from the intense heat scorching much of the world this summer, the biotech industry continues to be burned by layoffs. According to the Fierce Biotech Layoff Tracker, there were 38 layoff announcements in the second quarter of 2024, compared to 36 in the same period during 2023.
 

Top Stories

Bayer to largely complete layoffs within pharma commercial team in 2024, exec says

Bayer’s massive reorganization championed by CEO Bill Anderson is bringing major changes to the German company’s pharma commercial team. And the division’s newly named commercial chief Christine Roth is among those changes.

FDA boosts Medtronic recall as it pulls endotracheal tubes from market

Medtronic’s July 9 recall covers all versions and lots of its NIM Standard and NIM Contact EMG reinforced endotracheal tubes used during surgery.

Roche rises and Sanofi slips in ranking of Big Pharmas' online activities

Roche has claimed the top spot in a ranking of the online presence of drugmakers, climbing two spots on the strength of its provision of local websites and industry-leading use of LinkedIn.

Flagship brings in $2.6B via 8th fund, with another $1B coming from other projects

Flagship Pioneering has brought in $2.6 billion via its eighth venture fund, with a further $1 billion coming from an array of side funds, as the venture creation firm hunts for even more Big Pharma partnerships.

Elevar, Hengrui eye quick refile for PD-1 liver cancer combo after surprise FDA rejection

After a meeting with the FDA last week, Elevar Therapeutics and Jiangsu Hengrui Pharma are preparing to refile their PD-1 combination potentially as early as October, Elevar’s CEO Saeho Chong, Ph.D., said.

Indivior slashes revenue projection and headcount, drops schizophrenia med

Just seven weeks after projecting an 18% revenue boost for this year, Indivior has slashed its estimate to an 8% increase, citing competitive pressures for its opioid addiction treatment Sublocade and “payor dynamics” for its schizophrenia drug Perseris.

After withdrawing ALS drug, Amylyx CEOs take lessons to rebuild the pipeline

Amylyx’s co-CEOs Josh Cohen and Justin Klee have already had to make what may end up being the toughest decision of their careers. Next up, they're rebuilding the pipeline.

Illumina buys Fluent BioSciences to better speak the language of single-cell analysis

Despite letting go of Grail, Illumina isn’t shying away from M&A. It acquired the single-cell analysis startup Fluent BioSciences with cash on hand.

AstraZeneca picks WPP as a primary creative partner for its global oncology business

U.K.-based comms giant WPP has been selected as one of the primary networks serving global advertising efforts for AstraZeneca’s oncology business.
 
Fierce podcasts

Don’t miss an episode

The state of digital health investment in 2024

In this week’s episode of “Podnosis,” Executive Editor Heather Landi chats with Rock Health’s Megan Zweig to talk about the state of the digital health market, how startups and investors are taking a different approach to dealmaking and what to expect for the rest of the year. 
 

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2024 Life Sciences Industry Outlook

The definitive report on the state of our industry.  Readers will gain an understanding of key indicators to monitor, future predictions, and guidance for investors and founders navigating the therapeutic enabling tools and services, healthtech and techbio sectors through 2024 and beyond.
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The “Best Practice Organization” & Its Importance for Success in Today’s Biopharma Industry

In a complex industry like biopharma, being a “Best Practice Organization” (BPO) is essential to success. But what is a BPO & how do you build one? This eBook provides the answers.
 

Industry Events

On Helix

Date: ‌4 ‌July ‌2024 ‌- ‌Location: ‌Babraham ‌Research ‌Campus, ‌Cambridge ‌UK

 

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