Teva’s Austedo needs huge gains to hit 2021 projections
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GSK, after pushing past midphase fail, ends development of otilimab in COVID-19

GlaxoSmithKline is stopping development of otilimab in COVID-19, reacting to the failure of the drug in phase 2 and the progress of its anti-SARS-CoV-2 antibody by pulling the plug on the program. Development of otilimab in rheumatoid arthritis is continuing. 

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Google taps Headspace executive to lead tech-driven mental health efforts

Google is ramping up its focus on mental health and brought former Headspace executive Megan Jones Bell on board to lead its consumer-facing efforts. Bell, former chief strategy and science officer of Headspace, will join Google as its clinical director of consumer and mental health, the tech giant announced Tuesday.

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Teva's Austedo, struggling from a pandemic slowdown, needs huge gains to meet 2021 projections

As Teva battles generic pricing pressures and copycats to its multiple sclerosis drug Copaxone, the company has a lot riding on its ability to juice up sales of Austedo and Ajovy. Its top-selling medicine Austedo for tardive dyskinesia is struggling amid the pandemic slowdown, but execs see reasons for optimism in the final quarter of the year.

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One Drop launches Bayer-boosted AI program for preventing heart disease

The digital diabetes maven One Drop is taking new steps into the broader healthcare world with an artificial intelligence-powered platform aimed at preventing cardiovascular disease, co-developed with the pharmaceutical giant Bayer.

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EnteroBiotix completes new manufacturing facility focused on gut microbiome therapies

EnteroBiotix, a Scottish biopharma focused on making gut microbiome therapies, said construction of its new manufacturing, lab and office facility has been completed.

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Novavax completes UK filing for COVID-19 vaccine but pushes FDA ask till end of year

The FDA is no longer Novavax's first choice. The Maryland biotech has instead completed submission of its protein-based COVID-19 vaccine to the U.K.'s regulator and will wait a bit longer before asking the FDA for clearance. 

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LifePoint Health to create new 79-hospital company upon close of Kindred Healthcare acquisition

Called ScionHealth, the Louisville-based entity will include 61 of Kindred’s long-term acute care hospitals alongside 18 of LifePoint’s community hospitals. LifePoint's remaining 65 hospitals and other facilities will be combined with Kindred's rehabilitation and behavioral health business.

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NuVasive to launch international VR training program for spine surgery with PrecisionOS

Working with the orthopedic VR surgery developer PrecisionOS, NuVasive aims to deliver a cadaver-less training course built around its X360 system.

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Johnson & Johnson inks $297M opioid deal with Texas as national deal faces holdouts

Johnson & Johnson and the United States' three top drug distributors already agreed to a national opioid settlement worth $26 billion. But because that deal has yet to be finalized, the pharma giant is moving forward with a separate deal with Texas.

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Takeda buys out collaborator GammaDelta Therapeutics for solid tumor pipeline

Takeda will buy its gamma-delta T-cell therapy partner GammaDelta Therapeutics after the U.K. biotech began its first clinical trial just last month. The two companies initially came together in 2017 under a $100 million R&D agreement.

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Urban Institute: COVID-19 provider relief fund likely to grow past $26.8B as money gets returned

A new analysis from the Urban Institute found there is $26.8 billion left in a COVID-19 relief fund, and more could be on the way as providers start to return unspent monies.

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Immunai secures $215M for immune system map, fuel more acquisitions

Immunai raised $215 million in a series B, which brings the three-year-old startup's total cash haul to $295 million. The fresh proceeds will help the company build partnerships with biopharmas, expand its team and make more acquisitions.

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