AirPods cleared as OTC hearing aids

Today’s Big News

Sep 12, 2024

Moderna targets $1.1B in R&D spending cuts, drops 5 programs amid profitability pressures


With another phase 3 win, Gilead races toward 2025 launch for long-acting PrEP drug


FDA greenlights over-the-counter hearing aid features for Apple’s AirPods


Pfizer, Sanofi, GSK among the winners of the 2024 Fierce Pharma Marketing Awards


Sanofi pays $110M upfront for late-stage radioligand therapy, setting up rivalry with Novartis


On an expansion tear, Eli Lilly reveals $1.8B in investments at Irish manufacturing sites


Inflammatix collects $57M as it awaits FDA review of infectious disease test

 

Featured

Moderna targets $1.1B in R&D spending cuts, drops 5 programs amid profitability pressures

Moderna has vowed to cut annual R&D spending by $1.1 billion by 2027. The decision to shrink the budget by more than 20% follows commercial setbacks that have persuaded the biotech to take a “more selective and paced approach” to drug development.
 

Top Stories

With another phase 3 win, Gilead races toward 2025 launch for long-acting PrEP drug

In a study of more than 3,000 participants, Gilead's twice-yearly lenacapavir delivered a 96% reduction in HIV infections compared with background HIV incidence.

FDA greenlights over-the-counter hearing aid features for Apple's AirPods

The agency’s clearance marks its first for a piece of over-the-counter hearing aid software—and hails the long-awaited entry of the consumer tech giant to the sector.

Pfizer, Sanofi, GSK among the winners of the 2024 Fierce Pharma Marketing Awards

Several Big Pharmas took home trophies at the annual Fierce Pharma Marketing Awards on Wednesday night in Philadelphia.

Sanofi pays $110M upfront for late-stage radioligand therapy, setting up rivalry with Novartis

Sanofi has made a late entry to the radioligand party, paying 100 million euros ($110 million) upfront for global rights to a neuroendocrine tumor treatment that is nearing a filing for approval.

On an expansion tear, Eli Lilly reveals $1.8B in investments at Irish manufacturing sites

Eli Lilly has again upped the ante in scaling up its manufacturing footprint, this time revealing an investment totaling $1.8 billion to expand production capacity at two plants in Ireland.

Inflammatix collects $57M as it awaits FDA review of infectious disease test

The Fierce Medtech Fierce 15 winner has been developing a cartridge-based, benchtop-sized machine to rapidly profile the body’s immune response to an invader—to help emergency department clinicians determine whether a patient has a bacterial versus viral infection, and if they may be at risk for developing sepsis.

FDA slams AbbVie for misleading claims in Serena Williams ad for migraine drug Ubrelvy

The FDA has faulted AbbVie’s promotion of the migraine drug Ubrelvy, calling the company out for an ad featuring Serena Williams that went out of bounds with claims about how quickly the product relieves symptoms.

Sanofi's $80M bet on Fulcrum's dystrophy drug ends in phase 3 failure after 4 months

Just four months after Sanofi bet $80 million upfront on Fulcrum Therapeutics’ losmapimod, the program has ended in a phase 3 failure.

J&J's Tremfya, following in Stelara's footsteps, enters crowded ulcerative colitis arena with FDA nod

Tremfya will enter the UC space as J&J’s older Stelara, which is approved to treat both forms of IBD, nears biosimilar competition and Inflation Reduction Act-mandated price concessions.

Oncternal folds all clinical trials after lackluster data drop, patient death

Cancer biotech Oncternal Therapeutics is folding all its clinical trials and laying off staff, turning its energy toward exploring strategic alternatives such as asset sales, a merger or acquisition.

Sanofi completes build out of $554M pandemic-ready modular plant for vaccines, biologics

An ambitious project that was hatched during the early days of the coronavirus pandemic has hit a key milestone as Sanofi has completed construction of Modulus, a 500 million euros ($554 million) vaccine and biological medicine plant that can be quickly reconfigured to respond to a pandemic.

Regulatory tracker: Avadel's Lumryz expansion bid still under FDA review

In this tracker, Fierce Pharma is recording the regulatory progress of in-market products, including expansions into key geographies and new indications. Some of these updates may not meet the bar for standalone stories, but we think they are still worth mentioning.
 
Fierce podcasts

Don’t miss an episode

A look at flu vaccine manufacturing and supply

In this week's episode of "The Top Line," we’re looking at what goes into manufacturing and supply of flu vaccines.

 

Resources

Whitepaper

Overcoming drug development hurdles with phase-appropriate technology transfers

Facing roadblocks in drug development? Uncover how phase-appropriate technology transfers can help you navigate challenges and speed up your journey to market.
Whitepaper

Building a “Best Practice” Commercial Organization in Biopharma

We interviewed dozens of biopharma leaders on the critical success factors for building a Best Practice commercial organization. This report shares what we learned.
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.
 

Industry Events

On Helix

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

 

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