Why the medtech lobby is suing the Library of Congress

Today’s Big News

Oct 5, 2023

Merck eyes new bladder cancer space with positive Keytruda trial in muscle-invasive disease


From $4.2B deal to a desperate search for buyers: How EQRx’s low-cost drug dream unraveled


So why is the medical device lobby suing the Library of Congress?


AbbVie’s pursuit of Parkinson’s back in the pink, buying mitochondria biotech for $110M


Lonza expands antibody-drug conjugate production pact, plots 180 new hires


Verily launches new biomedical data management platform for researchers, biopharma developers

 

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Merck eyes new bladder cancer space with positive Keytruda trial in muscle-invasive disease

Merck’s Keytruda is riding a winning streak in bladder cancer. Following FDA approvals in the metastatic and non-muscle invasive settings, the anti-PD-1 therapy has delivered a positive readout in muscle-invasive urothelial carcinoma.
 

Top Stories

From $4.2B deal to a desperate search for buyers: How EQRx’s low-cost drug dream unraveled

EQRx charged forward with a mission to develop a catalog of drugs at “radically lower prices." Now, in a regulatory filing, the behind-the-scenes unraveling has been revealed.

So why is the medical device lobby suing the Library of Congress?

The Library of Congress has recently become a battleground over the right to repair, including for high-tech imaging machines and surgical robots.

AbbVie's pursuit of Parkinson's back in the pink, buying mitochondria biotech for $110M

AbbVie is exercising its right to buy mitochondria-focused biotech Mitokinin for $110 million upfront. The acquisition gives AbbVie rights to a preclinical Parkinson's candidate.

Lonza expands antibody-drug conjugate production pact, plots 180 new hires

Lonza has extended a long-term collaboration with an unnamed “major global biopharmaceutical partner” to crank up commercial supply of antibody-drug conjugates at its site in Visp, Switzerland. The deal is set to boost Lonza’s current bioconjugation capacity fourfold, thanks to the addition of two new bioconjugation suites.

Verily launches new biomedical data management platform for researchers, biopharma developers

Google’s life-science-focused sister company said the Workbench program—which operates as part of its larger Viewpoint offering of evidence generation solutions—was built out of its experiences providing data services to large research projects.

Merck's COVID antiviral Lagevrio to hit commercial market in November, HHS says

The government will wind down its Lagevrio distribution ahead of the transition, the Administration for Strategic Preparedness and Response said.

Anumana earns first full FDA clearance for AI to detect low ejection fraction

Two years after its launch as a joint venture between the Mayo Clinic and Nference to develop artificial intelligence algorithms capable of pulling out new insights from routine electrocardiograms, Anumana has earned its first 510(k) clearance from the FDA.

uniQure offloads 5th of staff, half of R&D projects to keep gene therapies in clinic into 2027

UniQure is losing a fifth of its employees—including its chief scientific officer—as well half of its R&D projects in a bid to claw back enough money to keep its planned gene therapy trials running into 2027.

Sharp expands partnership with buyout of CDMO Berkshire Sterile Manufacturing

Five years after partnering up with Berkshire Sterile Manufacturing, Sharp Services is buying out the fill-finish CDMO for an undisclosed sum. Sharp, a 71-year-old subsidiary of Ireland-based UDG Healthcare, focuses on commercial pharmaceutical packaging and supplies for clinical trials

Eye disease biotech Atsena downsizes to save money for retinal program testing new capsid

Atsena Therapeutics has cut staff to funnel more money toward an inherited retinal disease program that just began dosing for a phase 1/2 trial in August.

Medtronic finds new neuromod segment head in Smith+Nephew, BD alum

Halfway through its fiscal year, Medtronic is finally filling the vacancy at the helm of its neuromodulation operating unit.
 
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