Biogen writes off remaining Aduhelm stock
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WELCOME TO FIERCE LIFE SCIENCES WEEKLY DIGEST

As the WHO elevated monkeypox to a public health emergency this week, the vaccine maker Bavarian Nordic received an extended approval in Europe for its shot—after only applying just last month. Known as Jynneos in the U.S. and Imvanex in the European Union, the hot commodity has also been supplied to other unnamed countries. Meanwhile, Vertex has received the go-ahead to move its opioid-free painkiller into phase 3 trials, including two placebo-controlled studies evaluating patients with acute pain. Those stories, plus all of our top reads of the week, follow below. 

Featured Story

Bavarian Nordic wins monkeypox vaccine approval in Europe as WHO declares a global emergency

As the monkeypox outbreak presses on, the World Health Organization has declared the disease a public health emergency. Meanwhile, the EU granted the company's vaccine an approval to prevent monkeypox.

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Top Stories Of The Week

No pain, only gain for Vertex: FDA greenlights late-stage trial for nonopioid pain drug

After talks with the FDA, Vertex Pharmaceuticals has been given the go ahead to advance its non-opioid pain killer into phase 3 trials, which are set to begin in the last quarter of this year.

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After failed Alzheimer's launch, Biogen writes off the remaining value of its Aduhelm inventory

Biogen is trying to escape the dark cloud that controversial drug Aduhelm brought in. In a recent SEC filing, the company wrote off $233 million of the drug's inventory.

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Researchers dive into the biology of acne, illuminating how one common treatment is successful

New research from UCLA dives deeper into the biology of acne, showing how the root issue may be broken macrophages. The science provides clarity into how one common treatment actually works.

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Enhertu's groundbreaking HER2-low breast cancer nod could come this year as AZ, Daiichi seek ambitious approval

After winning a standing ovation at the recent ASCO event, Enhertu’s HER2-low breast cancer data are now getting the VIP treatment at the FDA. And AstraZeneca and Daiichi Sankyo are targeting an ambitiously broad patient population.

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That's a wrap: BioCircuit seals up FDA clearance for surgical nerve-repairing tape

The nerve repair process just got a lot simpler, thanks to a new FDA 510(k) clearance for a device that essentially amounts to a piece of Scotch tape that can quickly and effectively rejoin nerve ends.

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7 months after announcing a pivot to drug discovery, Zymergen is acquired by Ginkgo

Zymergen aimed to leave its well-publicized woes behind through a new-year transformation into a biotech. Now the company has been picked up by Ginkgo Bioworks, which will look for “strategic alternatives” for the new drug discovery business once the sale is complete.

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UPDATE: Roche, Biogen temper Alzheimer's expectations in Q2 calls. Will Lilly follow suit in August?

Will any of the three leading Alzheimer's disease therapies make it through their upcoming readouts? Executives from Biogen and Roche seem to be tempering expectations in second-quarter earnings updates. Lilly is the next to report.

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Roche hails 'excellent uptake' of Eylea rival Vabysmo as it lauds consumers switching from its competitor

Roche is hyping up the early financials coming in for its eye disease therapy Vabysmo as the Swiss major looks to take on the might of Regeneron and Bayer’s major blockbuster, Eylea. Despite only being approved at the start of the year and the launch coming several months later, Roche saw Q2 sales hit a healthy CHF 109 million ($112 million).

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Feeling the pressure, Bristol Myers pushes back timeline for production of Breyanzi

A month ago, when Breyanzi won a coveted FDA approval for use as a second-line treatment in B-cell lymphoma, Bristol Myers Squibb said it would be able to increase production capacity in the second half of this year. But on Wednesday, BMS said the timeline has been pushed back to the first quarter of 2023.

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'The Top Line' podcast: Lessons from Alzheimer's failures, is pharma doing enough for the climate, plus more

This week on "The Top Line," we discuss how to move forward from Alzheimer's latest drug development setback and what the industry needs to do to make a real environmental difference. We also chat about how AI in drug R&D is growing up and ways to handle the cell and gene therapies' sticker shock.

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Resources

Whitepaper: Genetic Insights for Biopharmaceuticals

See how integration of innovative genetic analysis techniques into drug development is driving biopharma & biotech companies ahead.

Whitepaper: Ensure Commercialization Success with TrialCard/Triangle Insights

Discover how the new partnership between TrialCard and Triangle Insights Group can help you bridge the critical gap between strategy and execution, ensuring commercialization success of your product or therapy.

Whitepaper: Through a CRO's Perspective: Innovative, Agile Solutions In Vaccine Efficacy Testing

Discover Nexelis’ first-hand perspective on how to develop innovative, agile solutions in vaccine efficacy testing in this exclusive e-book.

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?

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: 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?

Whitepaper: Intranasal Drug Product Development: Formulation to Manufacturing

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

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

Orally Inhaled & Nasal Drug Delivery: A Pipeline of Opportunities

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.

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