European pharmas consider IRA

Today's Big News

Jul 26, 2023

Affini-T plans to go public in 2024


Biogen CEO’s tight-lipped zuranolone commentary not enough for Sage investors


‘That's certainly on our minds:’ Novartis, GSK mull impact of IRA on R&D, M&A strategies 


British billionaire used insider info to spur lovers to trade in Solid Bio and Mirati, DOJ claims


Infinity lays off 78% of staff, 3 board members after MEI merger fails


Fierce Biotech Fundraising Tracker '23: Kriya adds $150M to previous series C; Nexo nabs $60M


Fierce Biotech Layoff Tracker 2023: Biogen plans for 1K layoffs; Infinity lets go 78% of staff

The Top Line Podcast: don’t miss out on the newest episode where we discuss ASCO data, rising health tech stars, and more. Listen now.

 

Featured

Affini-T plans to go public in 2024

The IPO window is starting to crack open and Affini-T Therapeutics plans to push through in 2024, CEO Jak Knowles told Fierce Biotech.
11-14
Sep
Philadelphia, PA
 

Top Stories

Biogen CEO’s tight-lipped zuranolone commentary not enough for Sage investors

Analysts and investors wanted the tea on the FDA review of Sage Therapeutics’ zuranolone, but Biogen CEO Chris Viehbacher wouldn’t spill it.

‘That's certainly on our minds:’ Novartis, GSK mull impact of IRA on R&D, M&A strategies

The first two European Big Pharmas to announce their second-quarter earnings have both given a glimpse into how the Inflation Reduction Act is already impacting their R&D decision-making.

British billionaire used insider info to spur lovers to trade in Solid Bio and Mirati, DOJ claims

Suddenly, protracted soccer transfer sagas are the least of Joe Lewis’ worries. The Department of Justice has leveled a raft of accusations at the billionaire owner of a Premier League club, who stands accused of conspiring to defraud Mirati Therapeutics and insider trading in Solid Biosciences.

Infinity lays off 78% of staff, 3 board members after MEI merger fails

With hopes of a merger with MEI Pharma now sunk for good, Infinity Pharmaceuticals is jettisoning three-quarters of its staff and three board members to stay afloat while it scans the horizon for another financial life raft.

Fierce Biotech Fundraising Tracker '23: Kriya adds $150M to previous series C; Nexo nabs $60M

Alongside the new year, we've launched a new Fierce Biotech Fundraising Tracker to keep the pulse on the industry's financing.

Fierce Biotech Layoff Tracker 2023: Biogen plans for 1K layoffs; Infinity lets go 78% of staff

We had hoped that our Layoff Tracker would stay retired for a while, but 2023 is starting to look a lot like our old friend 2022 when it comes to layoffs in biotech.

GLP-1 drugs are still in demand. Insurers are cutting back coverage in response, Found study shows

Sarah Jones Simmer, CEO of Found, said that the trends are likely the result of irresponsible prescribing for recreational reasons causing the pendulum to swing "all the way in the other direction," and it's leading to patients who have genuine medical need struggling to access these therapies.

Catalyst Clinical acquires Genpro Research to expand global presence

North Carolina-based Catalyst Clinical Research acquired CRO Genpro Research in a deal that expands the company’s global footprint.

Eli Lilly's Mounjaro shortage worsens ahead of potential obesity FDA approval

The U.S. Food and Drug Administration has added a fourth dose of Lilly’s popular new diabetes med to its drug shortage database. The agency also expects supply issues with three other doses to persist longer than previously thought.

Baxter dubs its upcoming kidney care spinoff Vantive

Vantive, with its home and hospital dialysis systems, is expected to make its debut as a publicly traded company by July 2024 at the latest.

Sun rises on Dawn Health, Novartis’ health-tracking app for multiple sclerosis

A new day has dawned for people with multiple sclerosis, thanks to the launch of a new app that aims to help them better understand the disease and, in doing so, improve their care.

Biden admin proposes new mental health parity regulations

Amid a worsening mental health crisis, the Biden administration is proposing a slew of regulatory changes aimed at improving access to critical care.
 
Fierce podcasts

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'The Top Line': Digital phenotyping, plus this week's headlines

This week on "The Top Line," we discuss the state of digital phenotyping, plus the vaccine patent lawsuits, the smallest insulin pump, and the rest of the week's headlines.

 

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