Siemens Healthineers elevates China focus

Today's Big News

Oct 10, 2022

Merck nails phase 3 sotatercept win, making good on its $11.5B Acceleron buy

Bayer, Hua Medicine snag first-in-class nod in China for Roche castoff diabetes drug, but commercial value uncertain

Siemens Healthineers elevates corporate focus on China, splitting operations from larger Asia-Pacific region

Health insurers can run, but they can’t hide: Tough long COVID coverage decisions on the horizon

Dunkirk retreat: ImmunityBio, aiming to hire 300 in 30 months, lays off staff at new facility

 

Featured

Merck nails phase 3 sotatercept win, making good on its $11.5B Acceleron buy

Merck's sotatercept passed a critical phase 3 test for patients with pulmonary arterial hypertension, improving their distance in the six-minute walk test. The results have teed the company up to head to regulators and emphasize the lofty ambitions Merck has for the drug.
 

Top Stories

Bayer, Hua Medicine snag first-in-class nod in China for Roche castoff diabetes drug, but commercial value uncertain

Hua Medicine has spent over a decade on one medicine—a diabetes candidate bought from Roche. Now under a partnership with Bayer, the drug has snagged a global first-in-class nod in China.

Siemens Healthineers elevates corporate focus on China, splitting operations from larger Asia-Pacific region

In light of the country’s expected growth as a medtech market, Siemens Healthineers has made the decision to split China out from the Asia-Pacific region at the corporate level, elevating it to its own seat at the company’s table.

Health insurers can run, but they can’t hide: Tough long COVID coverage decisions on the horizon

The elusiveness of generally agreed-upon diagnostic and treatment tools for long COVID begs the question: What should health plans pay for?

Dunkirk retreat: ImmunityBio, aiming to hire 300 in 30 months, lays off staff at new facility

ImmunityBio’s push to hire 300 people at its New York facility in 30 months has made a bad start. Rather than add to its headcount, Patrick Soon-Shiong’s biotech has outlined plans to lay off 38 people by the end of the year.

AbbVie continues top TV drug ad spender reign and Pfizer’s Comirnaty makes new appearance, as overall spend jumps

AbbVie’s autoimmune JAK inhibitor Rinvoq topped the TV drug ad spending list for the third month in a row, keeping fierce rival Regeneron in second place, though only just.

BMS-backed Immatics’ cell therapy shows early promise in small dataset, prompting $110M offering

BMS-backed Immatics is touting early phase 1 data of its cell therapy program and looking to fundraise off of it, seeking $110 million in a new public offering. It's the most robust data provided by the company to date, although the most promising figures are from just 12 patients.

HHS touts need for boosters amid slow uptake for fall COVID-19 bivalent shots

HHS released a new report Friday detailing the benefits of COVID-19 vaccination and its impact on hospitalizations amid signs the administration's booster campaign is falling flat.

Genentech, Winterlight study finds speech analysis AI monitors Alzheimer’s as well as standard tests

Vocal biomarkers have been linked to cardiovascular and respiratory conditions including COVID-19, as well as neurological diseases like depression, anxiety and even dementia—the last of which is in the crosshairs for speech analysis AI developer Winterlight Labs.

Thermo Fisher debuts cryo-EM scanner automated with AI features

The company’s Glacios 2 cryo-transmission electron microscope is designed for biopharma researchers that may have varying experience levels with the technique.

Amneal telegraphs 89 layoffs as it prepares to shutter Long Island plant

As Amneal winds down operations at its oral solids site in Hauppauge, New York, the company has disclosed 13 job cuts planned to go into effect “on or about December 31, 2022,” according to a Worker Adjustment and Retraining Notification (WARN) Act notice in the state.

Medicare Advantage at the tipping point: A preview of 2023 open enrollment

Medicare Advantage enrollment starts this week as the program is more popular than ever. This report details some of the key trends and issues to watch out for, from star ratings to risk adjustment.

Ascensia wraps up initial European rollout of Eversense long-term CGM

Fresh off the U.S. debut of Senseonics’ Eversense E3 continuous glucose monitor system, the system's distributor Ascensia Diabetes Care has now completed its initial launch in Europe, too.
 
Fierce podcasts

Don't miss an episode

'The Top Line': Eisai's Alzheimer’s drug, Pfizer's COVID ads

This week on "The Top Line," we talk about trial results for Eisai and Biogen's Alzheimer’s drug, which were surprisingly good, and we dig into what comes next. We also discuss how Pfizer is ramping up its DTC ad campaign for its COVID shots, most recently spending big on a booster ad for the NFL season.

 

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