Cost & coverage dog Novo, Lilly obesity drugs

This Week

Sep 22, 2023

Bayer CEO plots management cuts as first step in larger overhaul: Reuters


GSK shuffles R&D as research head John Lepore heads out the door


Novo, Lilly's 'paradigm shifting' obesity drugs suffer from cost and coverage issues: docs' survey


Carl June, Vertex execs and Parkinson's scientists win Breakthrough prizes


Google DeepMind's protein-predicting AlphaFold, OCT imaging inventors claim Lasker Awards


Inside the FDA's Form 483 findings at Novo Nordisk's North Carolina semaglutide plant

 

Featured

Bayer CEO plots management cuts as first step in larger overhaul: Reuters

The CEO is eying some big changes, but he wants to show investors he's prepared to act swiftly, Reuters reports. The publication cited three people "familiar with the matter" in reporting the behind-the-scenes developments at Bayer.
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Top Stories

GSK shuffles R&D as research head John Lepore heads out the door

GSK’s Senior Vice President and Head of Research John Lepore, M.D., has left the company at the same time the U.K. pharma undergoes a slight shuffling of its R&D operations.   

Novo, Lilly's 'paradigm shifting' obesity drugs suffer from cost and coverage issues: docs' survey

A survey of 100 doctors in the U.S. who prescribe weight loss medications shows that more than 75% consider new obesity drugs from Eli Lilly and Novo Nordisk as “paradigm shifting.” But the physicians also have significant concerns about the cost of the treatments, patient eligibility for coverage and long-term safety risks.

Carl June, Vertex execs and Parkinson's scientists win Breakthrough prizes

CAR-T cell therapy pioneer Carl June, M.D., and scientists from Vertex Pharmaceuticals are among the life sciences winners of 2024 Breakthrough Prizes, awards established by a group of influential tech titans as a means to recognize major achievements in basic science research.

Google DeepMind's protein-predicting AlphaFold, OCT imaging inventors claim Lasker Awards

Two technologies were honored with the top prize in biomedical research: one with a history that spans more than three decades and another that made its mark in about a tenth of the time.

Inside the FDA's Form 483 findings at Novo Nordisk's North Carolina semaglutide plant

After inspecting Novo’s Clayton, North Carolina, facility between July 6 and July 13, 2023, the FDA officially chided the company for a pair of quality control lapses, according to a Form 483 seen by Fierce Pharma.

Lonza's CEO reshuffle continues with the 'abrupt' departure of Pierre-Alain Ruffieux

For the third time in the last four years, Lonza is seeking a new CEO. The Swiss CDMO on Monday said Pierre-Alain Ruffieux will step down at the end of this month by “mutual agreement.” Chairman Albert Baehny will take over as interim CEO for the second time since 2020.

In pleasant surprise for GSK, FDA approves Jakafi challenger Ojjaara in broad blood cancer use

For the JAK inhibitor momelotinib, which GSK obtained in its $1.9 billion acquisition of Sierra Oncology, the three-month extension of the FDA's review turned out to be worth the wait.

RayzeBio overshoots expectations with $311M IPO while Neumora hits $250M target

Anyone wanting to end the week on a hopeful note could do worse than to check out the duo of biotech IPOs that made it over the line. RayzeBio has just revealed it overshot expectations by raising $311 million, while Neumora Therapeutics was squarely on target with a $250 million offering.

MDMA approval filing nears after drug hits again in phase 3, showing consistent PTSD improvements

MAPS Public Benefit Corporation has shown off phase 3 data it hopes will secure a landmark approval for MDMA in the U.S. next year. The second phase 3 success is the result of almost 40 years of work to show that psychedelics can treat post-traumatic stress disorder (PTSD) when used to enhance therapy.
 
Fierce podcasts

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'The Top Line': Trends at Cannes Lions, the top compensated CEOs in the industry, and the cancer drug shortage

This week on "The Top Line," we discuss the trends seen at Cannes Lions, the top compensated CEOs in the industry, and the cancer drug shortage
 

Resources

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Achieving Excellence in Tender and Deal Management

Read this paper to learn how pharmaceutical and medical device manufacturers can improve their tender and deal management, as well as how to choose a global management platform and the best practices for implementing it.
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The UX of Rx: Helping Consumers Overcome Adherence Barriers

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From trial site feasibility and patient populations to data analysis, generative AI has the potential to revolutionize drug discovery and clinical trial recruitment at both the therapeutic area and indication level.
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Discovering High-Affinity, Functional Anti-GLP-1R Antibodies

Learn how a GPCR-focused library with a cell-based biopanning strategy led to the discovery of 13 high-affinity and selective anti-GLP-1R antibodies with highly developable therapeutic properties.
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Closing the Knowledge Gap for Cancer Patients: 3 Ways to Boost Condition, Treatment and Support Awareness

Learn how to close the knowledge gap for cancer patients by increasing awareness of important aspects of their condition, treatment options and support resources.
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Transitioning from using RUO to cGMP chemicals for clinical trials

By 2030, the global demand for biologics is projected to grow at a CAGR of 8.7% and the challenges, risks, and costs of bringing large molecule products to market are growing exponentially.
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Biotech in the UK: Mapping the Runway to Success

15 biotech executives from the Cambridge area discuss the current biotech landscape, as well as challenges, opportunities, and best practices for emerging biotech companies seeking success in the UK and beyond.
 

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