Novartis, GSK mull IRA impact on R&D

Today's Big News

Jul 26, 2023

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


GLP-1 drugs from Novo, AZ, Lilly and Sanofi under UK probe for potential suicide risks: Reuters 


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


Quest maps out base business boost despite COVID test crunch, high worker turnover 


GSK scraps plan to launch oral anemia drug in EU, ceases further expansion 

 

Featured

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.
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Top Stories

GLP-1 drugs from Novo, AZ, Lilly and Sanofi under UK probe for potential suicide risks: Reuters

Following in EU regulators' footsteps, the U.K. has reportedly launched a probe into potential suicide risks for popular diabetes and weight-loss drugs.

‘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.

Quest maps out base business boost despite COVID test crunch, high worker turnover

Freefalling demand for COVID-19 tests may still be a headwind on Quest Diagnostics’ overall earnings, but with that removed from the equation, it’s much smoother sailing for the testmaker.

GSK scraps plan to launch oral anemia drug in EU, ceases further expansion efforts

Despite a positive opinion from local drug reviewers, GSK has decided not to bring its FDA-approved oral anemia drug daprodustat to Europe—or any additional countries for that matter.

Teleflex paints $650M deal for urologic spacer maker Palette Life Sciences

The agreement includes $600 million in upfront cash, plus $50 million tied to the completion of future commercial milestones.

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.

Finnish CDMO Biovian earmarks €50M to expand advanced therapy production site

Biovian, a Finnish CDMO, earmarked €50 million ($55 million) to expand its advanced therapy manufacturing operations in Turku, Finland.

Glucotrack’s two-year CGM implant passes first feasibility study

A new technology currently under development by Glucotrack aims to hugely cut down on the upkeep required for current CGM systems—potentially quadrupling the lifespan of the current longest-lasting device.

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.
 
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