Avail Medsystems, virtually gone

Today’s Big News

Nov 3, 2023

Pfizer cuts 200 jobs at COVID drug, vaccine plant in Michigan amid $3.5B savings campaign


Siemens Healthineers reports 300 layoffs amid rumors of a possible diagnostics unit sell-off


AstraZeneca’s failed cancer drug gets new lease of life thanks to positive kidney disease data


Lexeo drops share price at last minute in attempt to raise $100M IPO


COVID-era telehealth darling Avail Medsystems shuts down operations: report

 

Featured

Pfizer cuts 200 jobs at COVID drug, vaccine plant in Michigan amid $3.5B savings campaign

Pfizer is cutting roughly 200 positions at its Kalamazoo site following a review of demand for its COVID-19 vaccine and antiviral Comirnaty and Paxlovid.
 

Top Stories

Siemens Healthineers reports 300 layoffs amid rumors of a possible diagnostics unit sell-off

Changes are afoot within Siemens Healthineers’ diagnostics business—though it’s still unclear just how far those changes will go.

AstraZeneca's failed cancer drug gets new lease on life thanks to positive kidney disease data

More than a decade after AstraZeneca appeared to give up hope of using zibotentan to treat prostate cancer, the endothelin receptor antagonist has received a new lease on life as a combo treatment for chronic kidney disease.

Lexeo drops share price at last minute in attempt to raise $100M IPO

Lexeo Therapeutics has disclosed plans to join the coveted ranks of biotechs raking in nine figures from their Nasdaq offering, despite downsizing its ambitions over the past few days.

COVID-era telehealth darling Avail Medsystems shuts down operations: report

Avail Medsystems emerged from the confusion and chaos of the COVID-19 pandemic with a plan to build a new normal: virtually connecting surgeons and operating rooms with remote experts and safely socially distant sales reps. But old habits die hard.

Kronos cuts 19% of staff to make way for phase 1/2 solid tumor drug

After achieving a positive outcome in a preliminary look at a phase 1/2 trial for a solid tumor candidate, Kronos Bio is restructuring and cutting staff.

Phathom passes acid tests, capturing 2 FDA approvals for Voquezna after impurity setback

In a span of three days, Phathom Pharmaceuticals has scored two green lights from the FDA for its first-in-class heartburn drug Voquezna. The first came on Monday when the regulator signed off on Phathom’s reformulation of Voquezna to treat Helicobacter pylori infection. The second came on Wednesday when the FDA blessed Voquezna for gastroesophageal reflux disease erosive esophagitis (erosive GERD) and associated heartburn.

In deal worth up to $640M, Pierre Fabre doubles down on its T-cell partnership with Atara

In its attempt to win approval in the United States for its groundbreaking T-cell therapy Ebvallo, Atara Biotherapeutics is turning to the same partner it used to gain a green light in Europe—Pierre Fabre Laboratories. In this geographic expansion of Pierre Fabre’s licensing rights, the French pharma takes over manufacturing, clinical and regulatory activities for Ebvallo in the U.S., Canada and other markets outside of the European Union.

CooperSurgical doubles back with slimmed-down deal for Cook Medical's OB-GYN assets

If CooperSurgical’s latest acquisition deal sparks a sense of déjà vu, it’s for good reason.

As trial miss threatens FDA approval, Travere points to Filspari's benefits in bid to stay in kidney disease

Travere Therapeutics recently reported two pivotal trial flops for Filspari, with one threatening the drug’s accelerated approval in IgA nephropathy (IgAN) and the other raising doubts about its chances of tapping into another kidney disease.
 
Fierce podcasts

Don’t miss an episode

'The Top Line': Exploring the promise of earlier Alzheimer's treatment

While the new Alzheimer’s disease medicine Leqembi has generated lots of buzz since its debut this year, one research team is investigating whether the medicine holds promise in preventing disease progression before any Alzheimer’s symptoms are evident. In this week's episode of "The Top Line," Fierce Pharma’s Eric Sagonowsky talks with the study lead, Reisa Sperling, M.D., to learn more. 
 

Resources

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An Introduction to Organ-on-a-Chip Technology

Emulate in vivo biology with next-generation in vitro technology.
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Accelerate drug discovery with high-performance computing powered by the cloud

Accelerate drug discovery with high-performance computing (HPC) powered by the cloud
Whitepaper

Understanding the hidden value of quality

Uncover the keys to efficient bioprocessing, including how outsourcing quality management can reduce risk, save time and money, and expedite biologics development.
 

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