Roche Alzheimer’s drug flunks phase 3 tests

Today's Big News

Nov 14, 2022

2022's Fiercest Women in Life Sciences   

Roche's anti-amyloid antibody gantenerumab fails phase 3 in major blow to Alzheimer's ambitions

Ahead of Elizabeth Holmes’ sentencing this week, prosecutors ask for 15 years hard time 

HLTH22: Women's health unicorn Maven Clinic lands $90M to build out its services, expand into Medicaid 

Roivant cuts 12% of workforce to save cash, a blow to the larger divide-and-conquer 'vant' strategy 

 

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2022's Fiercest Women in Life Sciences

2022 is undoubtedly a fraught time in the history of the women’s movement, but it is also an inspiring one, as people from every corner of the globe come together in support of the idea that women deserve equal rights. That double-edged sentiment echoes throughout this year’s list of the 20 fiercest women in life sciences.
 

Top Stories

Roche's anti-amyloid antibody gantenerumab fails phase 3 in major blow to Alzheimer's ambitions

Roche’s bet on the resurrection of Alzheimer’s disease candidate gantenerumab has flopped. The drug candidate failed to improve the rate of cognitive and functional decline in a pair of phase 3 clinical trials, delivering yet another blow to the field.

Ahead of Elizabeth Holmes’ sentencing this week, prosecutors ask for 15 years hard time

With only days to go until the former Theranos CEO is sentenced for fraud, attorneys for Holmes and for the U.S. government remain at loggerheads over a suitable punishment.

HLTH22: Women's health unicorn Maven Clinic lands $90M to build out its services, expand into Medicaid

Bucking current market conditions, startup Maven Clinic scored $90 million in fresh funding to expand its services for women's health and family care.

Roivant cuts 12% of workforce to save cash, a blow to the larger divide-and-conquer 'vant' strategy

Roivant is cutting 12% of its staff as part of a larger effort to extend the company's cash runway into 2025. The company's statement did not elaborate on which spinoff companies would be affected.

Pfizer finds buyer for Australian plant that it planned to close next year

Two years after acquiring a Pfizer biologics plant in Adelaide, Australia, Bridgewest Group has bought up another Pfizer manufacturing facility in the country. The San Diego-based investment firm has agreed to purchase a sterile injectables site near Perth. Two years ago, Pfizer said it had plans to close the site by 2023, endangering its 470 employees.

3 more biotechs look to cull, partner assets in hopes of forging ahead

The third quarter of 2022 has proved to be the season of biotech pipeline culls, with three more companies setting out plans this morning to shed programs in hopes that the lighter load will allow them to forge ahead in rocky market conditions.    

MDLive expands virtual primary care platform to improve chronic condition management

Evernorth's MDLive is rolling out enhanced support for patients with chronic conditions as part of its virtual primary care platform, the telehealth provider announced Monday.

Temasek reportedly considering billion-dollar sale of Advanced MedTech: Reuters

In a move that could potentially make it under the wire to rank among the biggest medtech M&A deals of 2022, Temasek Holdings is said to be considering a sale of its Advanced MedTech subsidiary.

Moderna's omicron-busting COVID-19 booster holds its own against latest variant BQ.1.1

In a phase 2/3 trial of more than 500 adults, Moderna’s bivalent booster mRNA 1273.222 triggered a “significantly higher” immune response against the BA.4 and BA.5 omicron subvariants compared to an auxiliary dose of the company’s standard vaccine, mRNA-1273, which bears the commercial moniker Spikevax.

Sellas retunes leukemia trial as patients live longer than expected. Is the biotech's drug behind survival boost?

Patients are living longer than expected in Sellas Life Sciences’ phase 3 trial for an acute myeloid leukemia drug. That’s great news for patients and has spurred a protocol amendment for the study—but the question remains: Is it because of the biotech’s drug?

CMS seeks to close gaps in health equity data collection as new measures roll out

CMS is pushing to resolve major gaps in health equity data as it moves to install new requirements for payers and providers on improving equity.

Exscientia tapped by MD Anderson for the cancer center's drug discovery efforts

The collaboration will start with jointly identified oncology targets and then employ Exscientia’s AI platform to design small-molecule drugs.
 
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‘The Top Line’: Philips' plans to cut costs to come back from its ventilator recalls

This week on “The Top Line,” we dig into Philips’ revelation that it is laying off 4,000 workers and planning for even more restructuring.
 

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