Recor claims FDA's 1st renal deneveration nod

Today’s Big News

Nov 8, 2023

With FDA approval, Eli Lilly's weight-loss drug Zepbound arrives to challenge Novo Nordisk


Lumos stock jumps as phase 2 results bring first oral growth hormone drug closer to market


Recor Medical claims first FDA approval in renal denervation for stubbornly high blood pressure


Bayer CEO Anderson says 'radical realignment' is underway


Xencor pulls back from Genentech cancer pact to cut costs as CytomX drops ex-AbbVie ADC


Tandem Diabetes Care cruises to FDA OK of automated insulin delivery for toddlers

 

Featured

With FDA approval, Eli Lilly's weight-loss drug Zepbound arrives to challenge Novo Nordisk

In the big pharma battle to treat obesity, Novo Nordisk sprinted to an early lead but Eli Lilly is catching up quickly.
 

Top Stories

Lumos stock jumps as phase 2 results bring first oral growth hormone drug closer to market

Lumos Pharma's stock jumped this morning as a successful phase 2 trial maintained the Texan biotech’s hopes of bringing the first oral drug for pediatric growth hormone deficiency to market.

Recor Medical claims first FDA approval in renal denervation for stubbornly high blood pressure

Recor Medical's renal denervation approach tackles high blood pressure that hasn’t responded to medications or changes in lifestyle.

Bayer CEO Anderson says 'radical realignment' is underway

In three years as the pharma chief at Roche, Bill Anderson executed a massive overhaul of the division, lopping off layers of management and recharting its course. Now in his fifth month as CEO at struggling conglomerate Bayer, Anderson is focused on an even larger renovation, saying the company is on its way to a “radical realignment” with massive reductions in its workforce. As part of the realignment, Bayer also is evaluating separating its consumer health and crop science divisions.

Xencor pulls back from Genentech cancer pact to cut costs as CytomX drops ex-AbbVie ADC

Xencor and CytomX Therapeutics have taken a scalpel to their pipelines, stopping work on an ex-AbbVie antibody-drug conjugate and pulling back from a co-development deal with Genentech to focus cash on other projects.

Tandem Diabetes Care cruises to FDA OK of automated insulin delivery for toddlers

Helping toddlers manage their Type 1 diabetes—typically a difficult task, due to their constant growth and development—may now be a bit easier.

As Biogen's sales flatline, CEO Chris Viehbacher touts progress on Leqembi, Skyclarys and other launches

While Biogen CEO Chris Viehbacher seems satisfied with the company's third-quarter financial metrics, the main question at the drugmaker isn’t so much how the company’s doing now, but what its plans are for future growth, he said on a call with investors.

Lyell loses 25% of staff, CMO as biotech conserves funding to survive in post-GSK future

A year after Lyell Immunopharma lost a $1 billion biobucks partnership with GSK, the cell therapy biotech is offloading a quarter of its staff and deprioritizing some earlier-stage research to extend funding into 2027.

Gilead execs muse over 'surprising' lack of CAR-T adoption in certain patients, US barriers to uptake

The company attributes the gradual pace of CAR-T uptake to the "fragmentation" of the U.S. healthcare system, Kite head Cindy Perettie said on an earnings call. Together, Kite's Yescarta and Tecartus posted third-quarter sales of $487 million.

Masimo paints pulse oximetry tech onto GE HealthCare’s Portrait patient monitoring system

More than a decade into their partnership, Masimo and GE HealthCare are still finding new ways to combine their respective patient monitoring technologies.
 
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'Podnosis': Leading with empathy amid crisis

Hello Heart is a U.S.-based company with offices in California and New York, and it also has a significant presence in Israel, with the majority of its roughly 80 employees there working from the Tel Aviv office. In this week’s episode of “Podnosis,” Hello Heart CEO Maayan Cohen, who resides in Tel Aviv, shares her personal experience during a challenging moment when she was on her way to the annual HLTH conference in Las Vegas and heard about the October 7th attack by Hamas on Israel.
 

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