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Today's Rundown

Featured Story

Regeneron's COVID-19 antibody cuts medical visits in phase 2/3 trial

Regeneron’s anti-SARS-CoV-2 antibody cocktail has significantly reduced medical visits in ambulatory COVID-19 patients. The phase 2/3 clinical trial linked REGN-COV2 to a 57% decline in medical visits associated with COVID-19 in the 29 days after treatment.

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Top Stories

Takeda, Moderna partner up to bring 50M coronavirus shots to Japan

Japanese drugmaker Takeda has quickly emerged as one of the leading forces in the fight against COVID-19 as a vaccine manufacturing partner and R&D lead on a plasma-based therapy. Now, Takeda will help another biotech distribute its potential COVID-19 vaccine in the drugmaker's home country. 

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CMS: Medicare to cover COVID-19 vaccine at no cost to beneficiaries

The Trump administration announced it will offer a vaccine for COVID-19 at no cost to Medicare beneficiaries when it gets approved, and released a final rule that gives a new add-on payment for hospitals for innovative COVID-19 treatments.

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COVID-19 fighter remdesivir racks up $873M as Gilead plays defense on unflattering WHO data

Gilead Sciences started charging for remdesivir in July. Given its status then as the only drug authorized for COVID-19 in the U.S., industry watchers immediately forecast multibillion-dollar sales for this year. But new, not-so-promising clinical data now have the Big Biotech in defense mode as analysts dialed down their expectations.

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PwC: Mental health, telehealth sectors spur robust deal activity despite COVID-19

Mergers and acquisitions in healthcare are growing despite the financial crisis caused by the COVID-19 pandemic, with behavioral health and telehealth markets the hottest.

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Biopharma roundup: Moderna on track for November safety data reveal

Remdesivir's strong third quarter sales may not extend to the rest of the year, analysts predict. Meanwhile, use of Gilead's drug was up in mid-October, health coordinator CarePort said. Moderna is on track for an interim vaccine review in November. And BioNTech is prepping German vaccine supplies for a swift rollout post-approval.

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Regeneron scientists pinpoint genes related to COVID-19 susceptibility and severity

Why do some people get SARS-CoV-2 infection, but others can fight it off? Why do some people develop serious COVID-19 disease after infection, while others only exhibit mild symptoms? A group of scientists from Regeneron has found some clues to those questions from the human genome.

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Nearly one in five medical practices have seen 50% revenue drop: AMA

Since the start of the COVID-19 pandemic in March, practices have faced reduced volume, decreased revenue and increased expenses which threaten their viability, AMA officials said. 

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Penn Medicine CEO: COVID-19 financial crisis is 'clarion call' to move to value-based models

The massive financial fallout from the COVID-19 pandemic is a "clarion call" for healthcare providers to shift to new payment models, healthcare leaders say.

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Sanofi, despite COVID-19, sees early gains from CEO Hudson's strategy revamp

Less than a year ago, Sanofi's CEO Paul Hudson unveiled the company's new “play to win” strategy that centers the company on growth drivers such as Dupixent and vaccines. And that strategy delivered in the third quarter as Dupixent posted blockbuster sales and flu vaccines set a revenue record.

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