Amazon Care shutdown could be strategic, experts say
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Where are they now? Tracking down 2012's Fierce 15

It’s the 20th year we’ve sought out the most innovative private biotechs, which also means we've entered the second decade we've been checking in on our past honorees.

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Top Stories

A pharmaceutical jack of all trades? Novo CEO touts semaglutide's potential in NASH, Alzheimer's and its hot start in obesity

Novo Nordisk’s recent growth renaissance has flourished thanks in no small part to semaglutide—the GLP-1 molecule behind the company’s leading trio of Ozempic, Rybelsus and Wegovy. But even as the drug's metabolic empire prospers, Novo Nordisk isn’t letting its GLP-1 rest on its laurels.

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Amazon Care shutdown is a strategic play, not a failure, some healthcare experts say

Forrester healthcare analysts called the shuttering of Amazon Care "a strategic move" rather than a failure. Amazon still has its sights set on primary care, many healthcare experts say, as it represents the gatekeeper of patient care.

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ESC 2022: AstraZeneca's Farxiga is first heart failure drug to show across-the-board mortality benefit

At the European Society of Cardiology’s annual meeting, AstraZeneca presented data that could boost Farxiga in the competitive heart failure market. It is the first heart failure drug to show it can reduce the risk of death in patients regardless of their ejection fraction status.

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ESC 2022: Bayer, like its rivals, hopes it made a big enough splash after phase 2 belly flop

Bayer's anticoagulant to prevent secondary strokes flopped a phase 2 trial, keeping in line with results from rivals BMS and J&J. The company reported that its med, asundexian, did not produce a dose-dependent reduction in the composite rate of covert brain infarction or ischemic stroke.

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ESC 2022: Medtronic sees success with new type of implanted defibrillator

Compared to traditional implantable defibrillators wired directly to the cardiac muscle, Medtronic's EV ICD system instead connects a single lead underneath the breastbone outside the heart.

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ESC 2022: In conversation with Philips CMO Alexandra Gonçalves on cardiac imaging

This year’s annual meeting of the European Society of Cardiology in Barcelona carried a special spotlight on the growing power of cardiac imaging. We spoke with Alexandra Gonçalves, Philips’ chief medical officer for precision diagnosis, on how tomorrow’s technologies are providing a new view into the leading cause of death worldwide.

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ESC 2022: Abbott’s heart pump boasts improved 5-year life expectancy for heart failure patients

A heart pump from Abbott may give at least five years back to severe heart failure patients, according to clinical trial results presented this week at the 2022 European Society of Cardiology Congress in Spain.

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ESC 2022: BMS, J&J's secondary stroke med falls short in phase 2, but companies see enough potential to push forward

A new interim analysis of Bristol Myers Squibb's anticoagulant milvexian as a treatment for secondary strokes shows a mixed bag of data. The drug failed its primary endpoint, but a reduction in stroke incidence among three dosing groups beat the company's expectations.

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Cigna to enter ACA exchanges in 3 more states for 2023

The expansion, which is pending regulatory approval, will bring Cigna's total ACA footprint to 363 counties across 16 states, the insurer said.

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Alnylam clears phase 2 test for Regeneron-partnered nephropathy med, as it looks to play catch-up against Calliditas

After achieving its main phase 2 trial goal, Alnylam’s immunoglobulin A nephropathy (IgAN) treatment has now hit several secondary endpoints, demonstrating further potential for the Regeneron-partnered therapeutic as the companies aim to catch up to Calliditas Therapeutics' approved med Tarpeyo.

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Olympus inks $3B sale of scientific tools unit to private equity firm Bain Capital

After days of swirling speculation, Olympus finally confirmed this week that it has agreed to sell off its scientific solutions business to Bain Capital Private Equity.

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Horizon charts massive biologics expansion in Ireland, where it'll add 350 new jobs

Horizon has submitted a planning application to grow its development and manufacturing facility in Waterford, Ireland. The move, designed to bring on new drug substance biologics development and manufacturing firepower, will add another 320,000 square feet to the plant’s existing 44,000-square-foot fill-finish facility.

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CMS to devote nearly $100M to ACA navigators for 2023 open enrollment

CMS is devoting nearly $100 million in grant funding to 59 ACA Navigator organizations, the largest amount ever given to the consumer coverage assistance program.

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