Intuitive sees robot sales spike 14%

Today’s Big News

Jul 19, 2024

Pfizer's ATTR heart disease drug needs hefty discount, says ICER draft report. What about Alnylam's Amvuttra?


Morphic kept it simple in M&A maneuvers, staying focused on Lilly to reel in $3.2B buyout


Intuitive Surgical sales up 14% as it warns of da Vinci 5 supply constraints


Abbott CEO eyes ‘guerilla marketing’ to get Lingo CGM to people without diabetes


Regulatory tracker: Lilly's tirzepatide approved in China for weight loss


Artiva upsizes IPO to $167 million as NK cell therapy biotech heads to Nasdaq


Siga signs $113M US supply contract for mpox antiviral Tpoxx

 

Featured

Pfizer's ATTR heart disease drug needs hefty discount, says ICER draft report. What about Alnylam's Amvuttra?

Pfizer’s blockbuster tafamidis for the treatment of the rare heart disease ATTR-CM needs at least a 96% discount off its list price to be considered cost-effective under common benchmarks, a draft report by ICER has found.
 

Top Stories

Morphic kept it simple in M&A maneuvers, staying focused on Lilly to reel in $3.2B buyout

Morphic only had eyes for Eli Lilly. While some takeover tales have casts of Shakespearean breadth, Lilly’s $3.2 billion Morphic buyout is a simpler story of two companies gradually closing the gap between their positions before tying the knot.

Intuitive Surgical sales up 14% as it warns of da Vinci 5 supply constraints

As Intuitive Surgical continues to roll out its latest da Vinci robot, following its launch in March, the company warned that supplies may be tight for the next 12 months.

Abbott CEO eyes ‘guerilla marketing’ to get Lingo CGM to people without diabetes

As Abbott prepares to enter new territory with the impending U.S. launch of the first version of its continuous glucose monitoring technology designed to be used by people without diabetes, it’s taking a very deliberate approach to marketing the sensor.

Regulatory tracker: Lilly's tirzepatide approved in China for weight loss

In this tracker, Fierce Pharma is recording the regulatory progress of in-market products, including expansions into key geographies and new indications. Some of these updates may not meet the bar for standalone stories, but we think they are still worth mentioning.

Artiva upsizes IPO to $167 million as NK cell therapy biotech heads to Nasdaq

The biotech has knocked its share price down to $12, but raised the number of shares on offer to 13.9 million.

Siga signs $113M US supply contract for mpox antiviral Tpoxx

The U.S. government has exercised a contract option and will pay $113 million for delivery of Siga Technologies’ oral smallpox antiviral Tpoxx.

GRO Bio gathers $60M series B to take gout rival to Krystexxa into clinic

GRO Biosciences has ended the week with an extra $60.3 million in the bank, which the protein therapeutics-focused biotech will use to push its lead gout treatment into clinical trials.

Aveo spins a silver lining in failed trial of kidney cancer drug Fotivda

The addition of Bristol Myers Squibb’s Opdivo to a low dose of Aveo Oncology’s Fotivda failed to extend the time before tumor progression or death compared with Fotivda alone in kidney cancer patients who had tried an immune checkpoint inhibitor.

Viral protein shows early promise for treating graft vs. host disease in stem cell transplant patients

A paper published in Nature on July 10 shows that an enzyme from a bacteriophage extended the lives of mice afflicted by aGVHD, suggesting that the protein could have potential as a treatment for allo-HCT patients suffering from it as well.
 
Fierce podcasts

Don’t miss an episode

Former FTC director weighs in on $16.5B Novo-Catalent deal

In February, Novo Holdings announced a $16.5 billion deal to acquire Catalent, and this week on "The Top Line," we explore the current state and implications of the proposed buyout.

 

Resources

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An Integrated End-to-End Approach to Antibody Drug Conjugate Development and Manufacturing

In this white paper, Lonza experts delve into the common challenges encountered by ADC developers. They explore new drug product capabilities in relation to cytotoxic drug development and manufacturing, therefore fully completing Lonza’s integrated ADC offering. Further, they discuss how this end-to-end approach can significantly accelerate the timeline to investigational new drug filing and beyond. Read this white paper to learn more.
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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.
Whitepaper

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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