AbbVie ends Caribou CAR-T pact

Today’s Big News

Sep 27, 2023

Philips ‘suppressed’ a decade’s worth of complaints before CPAP recall: ProPublica


Will Big Pharma engage in Medicare price negotiations? The verdict's not in


AbbVie axes Caribou CAR-T deal, continuing cascade of punted cancer pacts


NICE poised to reject AstraZeneca, Daiichi’s Enhertu in HER2-low breast cancer


Gilead ends phase 3 leukemia trial early after data disappoint, dealing another blow to $4.9B bet

 

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Philips ‘suppressed’ a decade’s worth of complaints before CPAP recall: ProPublica

Philips held back more than 3,700 complaints it had received about its now-recalled respiratory devices between 2010 and the official start of the recall in mid-2021, according to an investigative report from ProPublica and the Pittsburgh Post-Gazette.
 

Top Stories

Will Big Pharma engage in Medicare price negotiations? The verdict's not in

After the Centers for Medicare & Medicaid Services revealed the list of drugs set to face the first round of pricing negotiations, the drugmakers responsible for marketing them are confronting a series of deadlines.

AbbVie axes Caribou CAR-T deal, continuing cascade of punted cancer pacts

AbbVie has decided it can do without Caribou Biosciences. The Big Pharma is terminating its off-the-shelf CAR-T pact with Caribou, depriving the biotech of the chance to pocket up to $350 million in milestones per program.

NICE poised to reject AstraZeneca, Daiichi’s Enhertu in HER2-low breast cancer

Remember the groundbreaking HER2-low data for AstraZeneca and Daiichi Sankyo’s Enhertu that garnered a standing ovation at the ASCO meeting last year? England’s cost watchdog now thinks the med’s efficacy doesn’t justify its price.

Gilead ends phase 3 leukemia trial early after data disappoint, dealing another blow to $4.9B bet

Gilead’s $4.9 billion immuno-oncology bet has suffered another setback. An ad hoc analysis of a phase 3 leukemia trial found the anti-CD47 antibody is unlikely to improve survival, prompting the Big Biotech to stop the study.

Onward, ho! First patient implanted with BCI-equipped neurostimulator to restore arm function

Both brain-computer interfaces and spinal cord stimulation systems have been shown to potentially help restore arm and hand mobility after a stroke or other spinal cord injury—and, now, a system that combines the two is betting the whole is greater than the sum of its parts.

In Emgality patent case against Teva, Lilly wins reversal of $177M verdict

A Massachusetts federal judge has sided with Eli Lilly, overturning a $176.5 million jury verdict from November of last year. The verdict had been awarded to Teva in a patent infringement squabble over the companies’ competing migraine drugs.

Pfizer hooks up with Ginkgo for $331M biobucks deal on unspecified targets

Ginkgo Bioworks has snared one of its biggest partners to date. The biology biotech will work with none other than Pfizer in a drug discovery deal for RNA medicines worth $331 million in biobucks for three programs. 

Deep Genomics debuts AI model for debugging the body’s RNA code & finding paths to potential therapies

Dubbed BigRNA, Deep Genomics' neural network is designed to predict the how RNA expression is regulated tissue-by-tissue, to better understand how variants in genes ultimately give rise to disease.

As Viatris seeks growth in eye care, its Ocuphire-partnered dilation drop Ryzumvi wins FDA nod

The FDA on Wednesday approved Viatris and Ocuphire’s Ryzumvi, also known as phentolamine ophthalmic solution, to treat pharmacologically-induced mydriasis, or dilation of the pupils. The partners plan to make Ryzumvi available in the U.S. in the first half of 2024.

Théa terminates ProQR eye asset purchase after biotech's staff refuse to move

In a reversal of fortunes, ProQR Therapeutics’ ophthalmology asset sale to Laboratoires Théa has been cancelled after ProQR failed to meet conditions of the deal. 
 
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'Podnosis': Breaking down barriers to cancer screenings

In this week's episode of "Podnosis," Heather Landi from Fierce Healthcare engages in a conversation with Othman Laraki, co-founder and CEO of Color Health. They delve into strategies for boosting screenings and explore the partnership between Color Health and the American Cancer Society, aimed at making convenient cancer screenings more accessible.
 

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