Plus the top 10 highest-paid medtech CEOs
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WELCOME TO FIERCE LIFE SCIENCES WEEKLY DIGEST

Weeks after a rival drug from Takeda flunked a trial, Gilead pushed back the early-stage data drop for its blood cancer therapy, picked up in last year’s $4.9 billion deal for Forty Seven. Meanwhile, the FDA granted its first approval to an eye drop to correct the farsightedness that comes with aging—a task that until now has fallen to glasses and contact lenses, affecting tens of millions. And while last year’s COVID-19 pandemic presented a once-in-a-generation challenge to many companies, several medtech CEOs met it head-on—and collected large paychecks for it. Those stories plus our top reads of the week follow below.

Featured Story

Gilead taps brakes on $4.9B bet after rival's failure, pushing blood cancer data out to 2022

Gilead’s $4.9 billion bet on Forty Seven has run into a delay. Weeks after Takeda’s rival drug flunked a pivotal trial, Gilead has pushed back the release of data from a phase 1b study designed to support accelerated approval.

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Top Stories Of The Week

AbbVie's Vuity snags FDA approval as first eye drop for presbyopia, with rival Eyenovia close behind

For patients with presbyopia, or age-related blurry near vision, wearing glasses or contact lens has long been the mainstay correction method. Thanks to a new FDA approval, they now have an eye drop option.

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Special Report—The top 10 highest-paid medtech CEOs

The COVID-19 pandemic presented a once-in-a-generation challenge for the medtech industry, and many of the CEOs on this list met it head-on.

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Moderna finally cracks into gene editing with Metagenomi pact thanks to 'irresistible' data

We finally know who Moderna has been courting behind the scenes to make the big jump into gene editing. The famed biotech has signed a research partnership with CRISPR gene editing company Metagenomi.

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Novartis keeps the leukemia innovation coming with FDA approval for Gleevec follow-on Scemblix as Tasigna patent cliff nears

About two decades ago, Novartis transformed leukemia treatment with the introduction of Gleevec. Now, the Swiss pharma has ushered a third-generation therapy targeted against the blood cancer across the regulatory finish line.

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Even AbbVie CEO can't confirm Rinvoq's sales as FDA mulls JAK label

When the FDA dropped the bombshell that it would add more safety warnings and restrict the use of JAK inhibitors, industry watchers began weighing the impact on a key player: AbbVie’s Rinvoq. But right now, even AbbVie’s CEO isn’t sure how much damage the update will do.

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Biolinq amasses $100M for its painless glucose sensor patch

The race for the next major advancement in diabetes tracking technology continues to heat up, with Biolinq securing a hefty $100 million in investor support to kick-start the development of its wearable, noninvasive glucose sensor patch.

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Gilead bought his last biotech. Now, Helin is back with another cancer startup

The founder of a biotech bought by Gilead has birthed another startup. Dania Therapeutics begins life with a discovery program based on Kristian Helin’s work and plans to advance small-molecule inhibitors of new oncology targets.

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Merck will support Saudi Arabia effort to build biologics manufacturing operations

Merck has signed on to help SaudiVax of Saudi Arabia design and construct a multimodality biologics manufacturing facility as part of the country’s efforts to provide a more localized production infrastructure for the Middle East, Northern Africa region.

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AbbVie's Vraylar turns in mixed results in depression, but pharma decides to file for approval anyway

AbbVie’s antipsychotic Vraylar could get a major boost from a potential expansion into depression. But like some other late-stage contenders, the drug’s clinical results fell short of a home run.

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MIT team uncovers differences in T cells that drive immuno-oncology resistance in lung cancer

MIT scientists discovered a subset of T cells that become dysfunctional because of changes in gene expression that occur while they’re being activated in the lymph nodes. They reactivated the T cells in mouse models of non-small cell lung cancer with two cytokines, offering insights into improving responses to immuno-oncology drugs in people, they said.

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Resources

Webinar: The Faster Path From Pre-Filled Syringe to Auto-Injector

Ypsomed and Catalent Biologics experts discuss strategies for integrated PFS manufacturing and auto-injector assembly to accelerate timelines and more in this webinar.

Whitepaper: Formulation Strategies When Transitioning From Vial to PFS

Learn how formulation development for a PFS affects manufacturing to drive the industry toward optimizing delivery of injectable products and, ultimately, improving patient care.

Whitepaper: How the Chronic Insomnia Market Raises Big Questions About Digital Therapeutics

Paper describing how the chronic insomnia market offers big lessons for any biopharma company thinking about getting into digital therapeutics in any therapeutic area.

Whitepaper: Create a seamless experience across eConsent, eCOA & more

Find out how to improve clinical protocol adherence, and thus patient outcomes, by 15%+ with Medable’s latest White Paper.

2021 Report: Clinical Trial Management in a Post-Pandemic World

New market research provides valuable insight into the impact of adaptations made in clinical trials during the pandemic.

Whitepaper: A Checklist for eCOA Solution Deployment

Every detail is important when selecting a new eCOA solution; learn more about the current eCOA landscape, best practices, and crucial considerations for successful eCOA solution deployment in this white paper.

Whitepaper: Enhance the cost-effectiveness of your cGMP chemical supply chain

Learn how to develop a high-performing supply chain for cGMP chemicals used throughout your biologics workflow. Download the free whitepaper from Thermo Fisher Scientific

eBook: Get solutions to market faster

Read Get to Know Cloud Content Management for Life Sciences and learn how to eliminate silos across all workflows, from R&D to commercialization.

Content Hub: Remarque Systems Resource Hub

Remarque Systems consolidates data, then layers on visualization and automated metrics to generate consistent, actionable data insights in real-time. Click here for more info.