Lilly lassos gene therapy player for $487M

Today's Big News

Oct 18, 2022

Roche recalls new eye therapy Susvimo on leakage fears, aims for market return 'within a year or so'

Feds sue Cigna over alleged Medicare Advantage overpayments linked to home assessments

Lilly spies value in biotech bear market, snapping up hearing loss gene therapy player Akouos for $487M

Medtronic rolls out emergency-only software fix for discontinued HeartWare pumps’ restart issues

After M&A sprint, newly unveiled Actylis aims to be 'much more than just a distributor:' CEO

Salarius hits pause on enrollment of lead sarcoma asset trial after patient death

 

Featured

Roche recalls new eye therapy Susvimo on leakage fears, aims for market return 'within a year or so'

Just as doctors were starting to cozy up to Roche and Genentech’s new eye drug delivery therapy, the companies are pulling the product from market.
 

Top Stories

Oracle Cerner unveils new tech capabilities: Virtual nursing, tools to streamline charting, billing and data integration

Four months after it was acquired by software maker Oracle, health IT giant Cerner, now named Oracle Cerner, unveiled new tech upgrades to build on its promise of delivering "next-generation" health tech systems.

Prosecutor confirms probe into Europe's COVID-19 vaccine purchasing

Europe is bringing out the big guns to sort out the EU's COVID-19 vaccine deals. The European Public Prosecutors Office has confirmed an ongoing investigation into the acquisition of the coronavirus vaccines following "extremely high" public interest.

Roche drops midphase hepatitis B and eye disease programs in quarterly pipeline clearout

Roche has taken the scissors to its clinical development pipeline, snipping off phase 2 studies of potential treatments for hepatitis B virus and geographic atrophy in the quarterly cull of its investigational assets.

Insulet braces for $40M hit from replacing faulty remotes for Omnipod Dash insulin pumps

Insulet has begun a voluntary recall of the remote-control devices used with its Omnipod Dash insulin pumps after discovering that the devices’ batteries may be at risk of swelling, leaking or overheating with extended use.

Highly evasive BQ.1.1 appears on CDC's COVID-19 variants charts for first time

One of the omicron subvariants that concerns experts the most is the BQ.1.1. Well, it’s in the U.S., and it may have been here for weeks.

J&J, flush with blood cancer assets, cuts one from the pipeline

J&J has axed an early-stage blood cancer asset amid a shifting of the company's phase 1 roster. It comes as two additional hematological assets were added to the pipeline.

Theranica aims to stretch FDA nod with study of neuromodulation device as preventive migraine treatment

Theranica is once again asking the FDA to expand its neuromodulation device's approved usage, positioning it as a preventive migraine therapy, in addition to its current use as an acute, on-demand treatment.
 
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'The Top Line': The most productive pharmas, Biogen's leadership

This week on "The Top Line," we talk about our latest analysis on the world’s most productive biopharmas. We also discuss Biogen's tumultuous year and who it is considering for a new CEO.

 

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