Four deaths linked to recalled Abiomed pumps

Today's Big News

Jul 31, 2023

GSK beats Merck to first PD-1 approval in newly diagnosed endometrial cancer


FDA's Marks says gene editing breakthroughs have met regulatory reality


FDA links 4 deaths to recalled Abiomed Impella pumps after TAVR collisions


Johnson & Johnson's $8.9B talc deal in jeopardy as judge shoots down 2nd bankruptcy attempt


Nymox airs dirty laundry about ex-CFO, 'very worst' partnership offer biotech has seen in 10+ years


Quest launches blood test for Alzheimer’s disease aimed at general consumers

 

Featured

GSK beats Merck to first PD-1 approval in newly diagnosed endometrial cancer

GSK has won the first FDA approval for an immunotherapy to treat certain patients with newly diagnosed endometrial cancer. But the industry-first go-ahead is tempered with a label limitation.
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Top Stories

FDA's Marks says gene editing breakthroughs have met regulatory reality

The FDA's Peter Marks, M.D., Ph.D., thinks gene editing—specifically base editing—could be a "game changer," but progress has been slow, likely due to discouragement with the regulatory process. 

FDA links 4 deaths to recalled Abiomed Impella pumps after TAVR collisions

An update from the FDA has linked four deaths to collisions between the Impella heart pumps developed by J&J's Abiomed division and TAVR implants.

Johnson & Johnson's $8.9B talc deal in jeopardy as judge shoots down 2nd bankruptcy attempt

U.S. Bankruptcy Judge Michael Kaplan ruled that J&J's LTL Management subsidiary didn't establish immediate financial distress when it applied for bankruptcy protections. The filing was therefore made in "bad faith," according to the judge.

Nymox airs dirty laundry about ex-CFO, 'very worst' partnership offer biotech has seen in 10+ years

While facing a mutiny led by former CFO Christopher Riley, Nymox Pharmaceutical is claiming that Riley attempted to swindle the company of 100,000 stock shares and tried to promote one of the “very worst offers” the company has seen.

Quest launches blood test for Alzheimer’s disease aimed at general consumers

Listed for sale on the clinical testing giant's website, the AD-Detect beta amyloid test retails for $399.

After quitting FDA adcomm in protest of Aduhelm decision, Harvard's Aaron Kesselheim finds agency has an approval bias

A study of FDA advisory committee meetings between 2010 and 2021 shows that the regulator leaned heavily toward approval. When a panel recommended approval, the FDA agreed 97% of the time. When a panel recommended a thumbs-down, however, the FDA complied only 67% of the time.

Sumitomo-Otsuka schizophrenia drug flunks pair of phase 3 trials amid 'high placebo response'

Sumitomo Pharma and Otsuka’s plan to turn ulotaront into a blockbuster growth driver is on the ropes. A pair of phase 3 schizophrenia clinical trials of the candidate missed their primary endpoints, leaving the partners looking to a “high placebo response” for evidence that the asset has a future in the disease.

Going, going, gone: Surgalign sells off digital health, hardware assets for $5.9M in bankruptcy auction

Surgalign, which was founded more than two decades ago and once boasted annual revenues of more than a quarter of a billion dollars, is now set to be sold for parts for a total of less than $6 million.

Takeda's Exkivity sputters in lung cancer trial, with accelerated approval on the line

Takeda's targeted non-small cell lung med Exkivity has failed in a phase 3 trial in newly diagnosed patients, just days after Johnson & Johnson touted a win for its rival EGFR inhibitor.

Gene therapy reduces chronic pain and chemo-induced peripheral neuropathy in mice

Researchers have identified another potential gene therapy for treating chronic pain, this time by indirectly targeting a key sodium ion channel.

RapidAI racks up $75M for software to spot strokes, aneurysms

True to its name, RapidAI is working quickly to build out its slate of artificial-intelligence-powered software tools designed to spot signs of stroke, aneurysm and other neurological conditions in brain CT scans.

In win for generics industry, Viatris wards off $50M payment in tax battle with IRS

Viatris has successfully held its ground in a pitched battle with the Internal Revenue Service over tens of millions of dollars. The case hinges on charges Viatris accrued in patent litigation tied to its generic drug approvals in the 2010s.
 
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‘The Top Line’: The chemotherapy drug shortage, plus this week’s headlines

This week on "The Top Line," we discuss the chemotherapy drug shortage, plus Grail’s harassment lawsuit and the rest of this week’s headlines
 

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