Plus our top stories of the week

This Week

Aug 30, 2024

Eli Lilly rolls out direct patient access to weight loss star Zepbound—at a deep discount


UPDATE: Genentech telegraphs 93 layoffs in California after sharing plans to shutter cancer immunology research unit


Dexcom's Stelo, its first over-the-counter glucose monitor, hits the market


Bayer layoffs hit Switzerland with 150 cuts at Basel consumer health hub


Preclinical gene editor Tome is laying off 131 staffers, virtually its entire workforce


After guiding Endo through bankruptcy, CEO Blaise Coleman exits suddenly 

 

Featured

Eli Lilly rolls out direct patient access to weight loss star Zepbound—at a deep discount

Eli Lilly is offering its popular weight-loss drug Zepbound directly to consumers at a discount through its own online pharmacy. The company hopes the move could expand access while addressing other issues such as high prices and off-label cosmetic usage.
 

Top Stories

UPDATE: Genentech telegraphs 93 layoffs in California after sharing plans to shutter cancer immunology research unit

Genentech will lay off 93 employees in South San Francisco starting in early October, according to a Worker Adjustment and Retraining Notification alert in California. The downsizing campaign will kick off in the fall and run through December.

Dexcom's Stelo, its first over-the-counter glucose monitor, hits the market

After getting the green light from the FDA back in March, Dexcom today launched its first over-the-counter wearable continuous glucose biosensor, Stelo, in the U.S. market.

Bayer layoffs hit Switzerland with 150 cuts at Basel consumer health hub

The layoffs are the latest in Bayer's massive restructuring plan that has so far impacted more than 3,000 staffers since the start of the year.

Preclinical gene editor Tome is laying off 131 staffers, virtually its entire workforce

Just days after gene editor Tome Biosciences announced undisclosed operational cuts, a clearer picture is coming into focus as 131 employees are being laid off.

After guiding Endo through bankruptcy, CEO Blaise Coleman exits suddenly

Four months after emerging from bankruptcy, Endo Pharmaceuticals is in transition again with the sudden departure of CEO Blaise Coleman. Without providing a reason, the Dublin-based company revealed Coleman’s eventful four-year tenure will end Thursday.

Biopharma VC hit highest quarterly level since 2022, but challenges in exit landscape remain

Venture capital in biopharma rose to $9.2 billion across 215 deals in the second quarter of this year, reaching the highest funding level since the same quarter in 2022.

Sanofi halts flu vaccine distribution in China over fear of declining potency

Sanofi has temporarily stopped distributing and selling its flu shots in China out of concerns of waning potency.

Understanding how pythons swallow massive meals may help develop new human heart medicines

To digest large, infrequent feasts, a python's heart works overtime by increasing oxygen use, pumping more blood and swelling in size. This rapid response requires a heart that is soft and flexible, the opposite of the stiff and fibrous heart that is characteristic of many human cardiac diseases.

Pfizer finalizes DTC virtual health platform for streamlined access to vaccines, tests and treatments

Just a few months after confirming that it was in the process of developing an online service to cut out middlemen and work directly with patients to help them access vaccines, diagnostic tests and medications, Pfizer has made good on its word.
 
Fierce podcasts

Don’t miss an episode

The Coalition for Health AI wants local governance and national standards for health AI

In this week's episode of "Podnosis," we dive into a discussion with two founders of the Coalition for Health AI about why both local providers and the federal government must play a role in overseeing AI in healthcare.
 

Resources

Whitepaper

Epilepsy Clinical Trials

Finding an effective epilepsy treatment can be arduous. Download this brochure to delve into how IQVIA's expertise and innovative strategic approach can streamline the clinical trial process, helping to get new therapies to patients who need them sooner.
eBook

Enhance the patient experience leveraging AI

Start leveraging AI to enhance the patient experience while improving personalization, navigation and adherence with the latest free eBook by RxPx.
Whitepaper

Revolutionizing Pharma and Biotech Analysis

The pharmaceutical industry faces ongoing challenges as the average drug development cost has increased by 15%, to now exceed $2 billion among leading biopharma companies. Download this playbook to discover the future of BioPharma financial analysis.
Whitepaper

Launching a Product in Europe: Understanding Supply Chain Cost Drivers

This paper explores the costs of setting up a supply chain in Europe for a new biopharma therapy. It outlines key cost drivers & the various levers decision makers can use to affect those costs.
 

Industry Events

On Helix

Date: ‌4 ‌July ‌2024 ‌- ‌Location: ‌Babraham ‌Research ‌Campus, ‌Cambridge ‌UK

 

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