Bluebird to sell next FDA voucher to Novartis for $103M

Today’s Big News

Oct 30, 2023

Novartis' $3.2B Chinook bet takes flight as phase 3 hits endpoint, providing launchpad for 2024 FDA filing


Philips chief OK'd distribution of defective CPAP machines: ProPublica


Bluebird inks deal to sell its next FDA priority review voucher to Novartis for $103M


Blue Water changes tides again, dropping all vaccine programs and 6 approved drugs


4DMT gets closer to lifting FDA hold on Fabry disease program


Coherus rejects 'heavily discounted' pricing on Loqtorzi, the first China-made PD-1 drug to win FDA nod

 

Featured

Novartis' $3.2B Chinook bet takes flight as phase 3 hits endpoint, providing launchpad for 2024 FDA filing

Novartis’ $3.2 billion bet on Chinook Therapeutics is taking off. Top-line phase 3 data show the acquired candidate improved a sign of kidney disease, positioning the Swiss drugmaker to apply for accelerated approval from the FDA next year.
 

Top Stories

Philips chief OK'd distribution of defective CPAP machines: ProPublica

Though Philips has argued its U.S. subsidiary should be responsible for paying damages in its massive CPAP machine recall, instructions to continue selling home ventilators came from the parent company’s top leadership, according to ProPublica and the Pittsburgh Post-Gazette.

Bluebird inks deal to sell its next FDA priority review voucher to Novartis for $103M

The company entered an advance agreement for a priority review voucher ahead of the FDA's decision on the sickle cell disease gene therapy prospect. Bluebird expects the FDA to decide on its drug by December 20.

Blue Water changes tides again, dropping all vaccine programs and 6 approved drugs

With a new CEO in charge, Blue Water is reprioritizing its pipeline, dropping six-FDA approved drugs and a wide-ranging vaccine portfolio.

4DMT gets closer to lifting FDA hold on Fabry disease program

4D Molecular Therapeutics has offered to add an immunosuppressive regimen during administration of a Fabry disease gene therapy in order to continue with human testing and lift an FDA clinical hold placed earlier this year.

Coherus rejects 'heavily discounted' pricing on Loqtorzi, the first China-made PD-1 drug to win FDA nod

Market watchers have been waiting keenly to see whether a cheap China-made cancer drug could disrupt the multibillion-dollar U.S. PD-1 cancer immunotherapy market. But the first player with a chance to follow that path has opted not to.

Wayne Gretzky has a face-off with his younger self for new GSK Canada RSV vaccine ad

Canadian former professional ice hockey player Wayne Gretzky engages in a conversation with an AI-generated, younger version of himself, who aims to warn him about the dangers of RSV in a new ad.

Prime Medicine's prime editing tech corrects liver disease gene mutation in primates

Prime Medicine’s prime editors have corrected a gene mutation that causes a rare liver disease in primates, a step toward taking the tech to humans.

GSK's Jemperli prolongs life in endometrial cancer trial. Will FDA label expansion come next?

After a quick FDA approval in a subgroup of endometrial cancer patients, GSK is trumpeting a win for its Jemperli that might help the PD-1 inhibitor expand to a broader population.

PBMs run media blitz calling out practices of their peers, telling policymakers reforms can cut costs

A group of pharmacy benefit managers has split off from the pack, launching a “six-figure digital media campaign” to make the case that some of the widely criticized organizations provide value to the healthcare system.

AI Mail: Medtronic stamps healthcare data partnership with France’s La Poste

Medtronic has teamed up with the French postal service for a data partnership that aims to build an artificial intelligence-powered platform in support of a range of digital telehealth services.

United Therapeutics looks to hog bioengineered organ R&D with $91M Miromatrix buy

The deal shakes out to a price of $3.25 per share, for what the companies described as about a 170% premium over Miromatrix’s previous trading value when averaged over 30 days.

Almirall drills home message about psoriasis' mental health toll, reupping miniseries for awareness day

Almirall is using World Psoriasis Day to push home its messaging about the effect of the skin disease on mental health. The company, which sells psoriasis drugs such as Ilumetri and Wynzora, used the event to highlight its data on the well-being of patients and the miniseries it made to dramatize their lives.
 
Fierce podcasts

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‘The Top Line’: A look at FDA's Aduhelm approval and regulatory bias

In this episode of “The Top Line,” we delve into the FDA's controversial approval of Aduhelm, a drug for Alzheimer's disease, despite an independent advisory committee's resounding rejection. The decision has sparked questions about potential bias within the regulatory body.  

 

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