Merck's Keytruda hits a rare snag
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Today's Rundown

Featured Story

With new CEO, Invitae lays off more than 1,000 employees, slims international footprint

Genetic testing company Invitae will lay off more than 1,000 employees as part of a year-long restructuring plan that’s expected to ultimately save the company hundreds of millions of dollars annually.

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Top Stories

Biogen CEO Michel Vounatsos points to inherent risk in neuroscience as 3 programs cut

In a sign of just how tough neuroscience is, Biogen is cutting a clutch of programs from its Alzheimer’s disease, amyotrophic lateral sclerosis and schizophrenia pipelines.

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Merck's Keytruda posts rare flop in head and neck cancer trial

Alongside chemoradiation therapy, Merck’s PD-1 inhibitor Keytruda failed to meet its primary endpoint in a late-stage trial for unresected locally advanced head and neck squamous cell carcinoma. While the drug did chart improvements in event-free survival, or the time a patient remains free of complications, the results weren’t statistically significant.

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Dobbs decision 'opened the door for complete and utter chaos,' physicians and legal experts tell Congress

The majority of clinical and legal witnesses testifying to lawmakers Tuesday outlined dangerous restrictions to reproductive and other care that have become more frequent amid an uncertain legal environment.

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Abbott holds onto billion-dollar COVID test sales a little longer, pushing decline predictions to this fall

It appears that when it comes to COVID-19 test sales, the reports of their death have been greatly exaggerated.

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Novartis shelves a PD-1 bid in non-small cell lung cancer after FDA feedback

Shortly after the FDA delayed a tislelizumab decision in previously treated esophageal squamous cell carcinoma, Novartis is scrapping the drug's submission as a monotherapy for non-small cell lung cancer.

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Adial at a clinical fork in the road after flunking phase 3 trial for its alcohol addiction med

Adial flunked a phase 3 trial for its alcohol abuse treatment but says it accrued enough encouraging data that it will march to regulators anyway. The feedback will guide future development and partnership plans.

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Senate Democrats taking first action to advance deal on ACA subsidies, drug price reform

Democratic Senate leadership confirmed they are moving forward with a narrow spending package that would extend enhanced ACA subsidies for two years and give Medicare the power to negotiate for lower drug prices.

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AbbVie scopes out $60M upfront investment in glaucoma devicemaker, plus $475M buyout option

AbbVie has set its sights on a new medical device partnership to expand the scope of its existing eye care portfolio.

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An abundance of CAR-Ts: $37B cell therapy cancer market can't support 'congested' pipeline, report says

There are more than 800 cell therapy prospects currently in the hopper for just five major blood cancers, GlobalData reports. If those therapies all pass muster at the FDA, the commercial market for cell therapies in oncology, expected to exceed $37 billion by 2028, won't be able to keep up.

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Takeda weaves F-star tech into patchwork of cancer capabilities, landing license for bispecific program

Takeda has added another piece to the patchwork of bispecific antibody capabilities it's sewn together over the past 18 months, tapping F-star Therapeutics to support an immuno-oncology program.

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Elevance Health plans to take myNEXUS post-acute care program nationwide

Elevance Health, formerly Anthem, boosted its guidance on Wednesday even as its quarterly profit dipped year over year.

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Equipped with fresh $100M, CAMP4 heads up trail to the clinic, hoping partners will soon tag along

A year after raising $45 million, CAMP4 is back for more, tacking on $100 million in a series B round. The funds will provide further financial cushion as the company sets its sights on the clinic in 2023.

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Resources

Infographic: Keep your EHR systems in good health

Could cloud be the cure for your EHR headaches? See our infographic on how moving to the cloud can slash financial and administrative burdens.

Case Study: Roche cuts feasibility process by 36%

Explore how Cognizant SIP helped Roche streamline its global feasibility process.

eBook: 12 Pitfalls in Europe

This e-book covers the 12 most common pitfalls for companies entering European markets for the first time, offering guidance to help growing companies avoid them and succeed.

Whitepaper: The Most Suitable Dosage Form Technologies for the Oral Delivery of Lipid-Based Formulations

What is the most suitable dosage form technology for the Oral Delivery of Lipid-Based Formulations?

Whitepaper: Jump Start for Biotech: New Lab Startup Guide

The journey for starting or expanding a lab can be exhilarating, while also being challenging--learn how this free program provides savings and solutions to support your goals.

Article: Formulation Strategies When Transitioning From Vial to PFS

Learn how formulation development for a PFS affects manufacturing to drive the industry toward optimizing delivery of injectable products and, ultimately, improving patient care.

Whitepaper: Intranasal Drug Product Development: Formulation to Manufacturing

What are key considerations for intranasal delivery in the treatment of acute and chronic conditions?

Case Study: Versatility of Softgel Technology - Encapsulation of a Volatile Compound

Learn more about how the versatility of Softgel Technology helped a customer with a volatile compound.

Article: Lipid-Based Drug Delivery System to Bring Poorly Soluble Drugs to Market

How can Lipid-Based Drug Delivery System help bring poorly soluble drugs to market?

eBook: Orally Inhaled & Nasal Drug Delivery: A Pipeline of Opportunities

Carla Vozone discusses the significant trends in the OINDP segment including large molecules and novel indications, changes within CDMOs and various challenges facing the industry.

Whitepaper: Catalent Pulmonary & Nasal Delivery Capabilities Sheet

Did you know Catalent has newly expanded in-house capabilities spanning clinical and commercial scale manufacturing for DPIs, unit-dose, bi-dose and preserved multi-dose nasal sprays?

On-Demand Webinar: The Faster Path From Pre-Filled Syringe to Auto-Injector

Ypsomed and Catalent Biologics experts discuss strategies for integrated PFS manufacturing and auto-injector assembly to accelerate timelines and more in this webinar.