To view this email as a web page, click here

Today's Rundown

 

    

   Thank you to IQVIA Biotech for sponsoring Fierce Biotech's
  
2021 Fierce 15 editorial feature.

 

Featured Story

Mass General Brigham vetoes controversial Alzheimer's drug Aduhelm after internal review

The Massachusetts system's decision not to provide Biogen's Aduhelm to patients follows a review by its internal expert panel. It comes after other big-name providers and payers said they would not support the treatment earlier this summer.

read more

Top Stories

What's next for RADx? The NIH drafts a to-do list for its $1.5B diagnostics competition, through COVID and beyond

During a panel discussion about the initiative at AdvaMed’s annual MedTech Conference, the NIH's Bruce Tromberg outlined what’s next for RADx, which was launched as a “Shark Tank”-like competition to develop COVID tests as quickly as possible.

read more

Despite rough start, Biogen's Aduhelm should find footing, analysts say. But don't expect much in 2021

As Biogen's new Alzheimer's drug Aduhelm makes headlines nearly every day—many covering the drug's slower-than-expected uptake—one team of biopharma analysts is lowering their 2021 expectations for the med. Nonetheless, despite the drug sputtering out the gate, the team still sees a multibillion-dollar sales opportunity for the company in Alzheimer's disease.

read more

Mirum gets iBAT inhibitor Livmarli across the FDA finish line for rare pediatric liver condition

Mirum Pharmaceuticals of California has taken Livmarli, a minimally absorbed ileal bile acid transporter (iBAT) inhibitor, across the FDA finish line. The drug =m which is taken in capsule form, is the first medication approved for the cholestatic pruritus which which accompanies the rare liver disorder Alagille syndrome.

read more

How exploiting a protective gene mutation might protect the brain from Alzheimer's disease

A mutation in the APOE3 gene increases the formation of fatty molecules that are critical for preserving nerve cell functioning and that may reduce the toxic aggregation of protein clumps in the brain, a Mayo Clinic team has found. Targeting this process with drugs could protect against Alzheimer's disease, they suggested.

read more

Health systems-backed Truveta lands investment from Microsoft, cloud partnership

Healthcare data startup Truveta inked a deal with Microsoft to build a clinical data platform on the cloud. The software giant also is investing an undisclosed amount in Truveta, which is backed by 17 healthcare systems, including Providence, Novant Health, Northwell Health and Trinity Health.

read more

Biotech incubator Sporos' new CEO arrives from Ovid with Biogen, Bristol Myers experience

Amit Rakhit, M.D., is ready for his next venture after leaving Ovid Therapeutics last month following a lead therapy failure in April. His next stop is leading Houston biotech incubator Sporos Bioventures. 

read more

FDA alerts HCPs to higher risk for women with stroke-preventing heart implant

The agency alerted providers about findings published in JAMA Cardiology, which tracked procedures with Boston Scientific’s Watchman device.

read more

AMA: 73% of health insurance markets are highly concentrated

Nearly three-quarters of metropolitan statistical areas are concentrated health insurance markets, according to a new study from the American Medical Association.

read more