ICER weighs in on CMS price negotiations

Today’s Big News

Oct 2, 2023

Eli Lilly slapped with third FDA rejection in 2023, this time for eczema treatment lebrikizumab


Early mRNA vaccine breakthrough wins Nobel Prize for medicine, capping off rapid, COVID-fueled rise


Carlyle Group emerges as front-runner in $7B Medtronic spinoff deal: Reuters 


ICER weighs in on Medicare price negotiations with new appraisals of BMS' Eliquis, J&J's Xarelto 


Novo Nordisk challenges CMS drug price negotiations, then signs on to the program 


Flagship snags yet another Big Pharma leader, this time welcoming ex-GSK leader John Lepore

 

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Top Stories

Eli Lilly slapped with third FDA rejection in 2023, this time for eczema treatment lebrikizumab

The FDA has rejected Lilly’s investigational atopic dermatitis treatment lebrikizumab over findings uncovered during the inspection of a third-party contract manufacturing organization.

Early mRNA vaccine breakthrough wins Nobel Prize for medicine, capping off rapid, COVID-fueled rise

Discoveries that enabled mRNA vaccines against COVID-19 have landed two scientists a Nobel Prize. The Nobel Assembly awarded Katalin Karikó and Drew Weissman the prize for their work on nucleoside base modifications, which underpinned the Moderna and Pfizer-BioNTech vaccines that changed the course of the pandemic.

Carlyle Group emerges as front-runner in $7B Medtronic spinoff deal: Reuters

Nearly a year after Medtronic announced its intent to spin out its patient monitoring and respiratory interventions divisions, the business units have reportedly found a buyer.

ICER weighs in on Medicare price negotiations with new appraisals of BMS' Eliquis, J&J's Xarelto

ICER submitted a special report to CMS weighing evidence on Bristol Myers Squibb and Pfizer’s Eliquis and Bayer and Johnson & Johnson’s Xarelto to treat nonvalvular atrial fibrillation (NVAF), the condition where both drugs garner most of their prescriptions. With the appraisals, ICER hopes to influence upcoming Medicare price negotiations.

Flagship snags yet another Big Pharma leader, this time welcoming ex-GSK leader John Lepore

The draw of Flagship Pioneering strikes again. After leaving his position as GSK’s head of R&D, John Lepore, M.D., is set to become a CEO-partner at Flagship and will helm the portfolio company’s ProFound Therapeutics. 

Zeiss, Boehringer Ingelheim form AI-backed pact to spot, treat eye diseases early

A new medtech-pharma collaboration has its eye on catching retinal diseases as early as possible and staving them off with precise, personalized treatments.

Novo Nordisk challenges CMS drug price negotiations, then signs on to the program

Two days after filing a lawsuit questioning the constitutionality of drug-price negotiations in the Inflation Reduction Act, Novo Nordisk has grudgingly signed on to the program. In addition, an Ohio court rejected a U.S. Chamber of Commerce attempt to block the start of the program.

'The fundamentals are really strong': Why investors are staying loyal to European biotech in 2023

With VC firms Forbion and BioGeneration Ventures announcing their largest biopharma funds to date this year, how is investor interest in European biotechs holding up?

Invitae claims FDA nod for blood test that checks for genetic risks of multiple hereditary cancers

While the act of parsing DNA for an inherited, cancer-linked mutation is nothing new, the scale offered by Invitae’s test has defined a new product category going forward, the agency said.

With FDA nod for rare disease drug Rivfloza, Novo Nordisk eyes showdown with Alnylam

Novo Nordisk is gearing up to launch its new rare disease offering in early 2024. Rivfloza, a product of the company's Dicerna buyout, will go up against Alnylam's Oxlumo.

Analyst applauds Novartis’ ‘faultless’ iptacopan performance in phase 3 kidney trial

Novartis’ investigational oral factor B inhibitor has hit its early target in a phase 3 kidney disorder trial, a success that has the pharma readying to submit a request for fast-track FDA approval next year.
 
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