Philips doubles down on AWS collab

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Today’s Big News

Nov 27, 2024

Novartis plots more than 100 layoffs in NJ as part of rework to Xolair, cancer combo field sales teams


Trump picks Jay Bhattacharya, Stanford economist and pandemic policy critic, as NIH director


Philips re-ups cloud, AI collaboration with AWS, plans European expansion


mRNA therapy reduced scar tissue in rabbits with post-surgery eye condition


Sanofi opens $590M modular vaccine, biologics plant in Singapore


Kronos to lay off 83% of workforce, change CEOs after mothballing lone clinical asset


Neuralink reports green light to study brain-controlled robotic arms

 

Featured

Novartis plots more than 100 layoffs in New Jersey as part of rework to Xolair, cancer combo field sales teams

Novartis is laying off a total of 139 staffers in East Hanover, New Jersey, where the company’s U.S. headquarters is located. The move will primarily affect commercial field sales associates working on the brands Xolair for asthma and allergies and the oncology combo made up of kinase inhibitors Tafinlar and Mekinist.
 

Top Stories

Trump picks Jay Bhattacharya, Stanford economist and pandemic policy critic, as NIH director

President-elect Donald Trump has chosen Stanford University’s Jay Bhattacharya, M.D., Ph.D., to serve as the director of the National Institutes of Health.

Philips re-ups cloud, AI collaboration with AWS, plans European expansion

Philips is expanding its collaboration with Amazon Web Services, to provide cloud-based imaging diagnostics spanning radiology, pathology, cardiology and AI.

mRNA therapy reduced scar tissue in rabbits with post-surgery eye condition

Proliferative vitreoretinopathy is an eye condition that leads to blindness and can currently only be addressed with surgery. A team led by research hospital Massachusetts Eye and Ear and German biotech CureVac has designed an mRNA therapy that delivered a therapeutic gene transcript to the eyes of rabbits with the disease, reducing the harmful excess of scar tissue that is characteristic of the condition.

Sanofi opens $590M modular vaccine, biologics plant in Singapore

Two months after Sanofi completed construction in France of its innovative Modulus vaccine and biologics plant—which can be reconfigured within days during a pandemic—the drugmaker has opened a similar facility in Singapore.

Kronos to lay off 83% of workforce, change CEOs after mothballing lone clinical asset

Kronos will lay off some 83% of its workforce by the end of the year as it continues to explore options to stay afloat, including “possible business combinations” or the divesture of remaining preclinical assets. Additionally, the company's CEO, Norbert Bischofberger, Ph.D., is stepping down from his post on Dec. 3.

Neuralink reports green light to study brain-controlled robotic arms

The company said it would allow severely paralyzed patients currently signed up to receive the implant through its PRIME safety trial to also cross-enroll in a new study, named CONVOY.

Most life sciences CEOs expect to grow their head counts over the next 3 years: KPMG survey

A survey of life sciences CEOs found that 94% plan to grow their workforce over the next three years, with 37% envisioning that the head count of their company will grow by at least 6%. The results back up the confidence the CEOs have in their companies’ growth prospects.

Acadia nabs rights to Saniona's tremor asset in $582M biobucks deal

Acadia Pharmaceuticals has penned an exclusive licensing deal worth up to $582 million biobucks for Saniona’s neurological disorder asset. 

Kelun's Merck-partnered ADC snags first nod in China to kick off TROP2 fight with Gilead

The competition among three TROP2 antibody-drug conjugates is entering a new stage as Kelun-Biotech’s Merck & Co.-partnered sacituzumab tirumotecan has become the second therapy in the class to win a marketing approval.

Idorsia teases Tryvio global licensing deal while planning to lay off 270 staff

Idorsia may have negotiated a $35 million payday ahead of a potential licensing deal for its hypertension drug Tryvio, but that won’t be enough to save the 270 roles the company is looking to cut.
 
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The use of prefilled syringes to administer biotherapeutics is beginning to gain traction because they offer a range of stability, efficacy, and patient safety benefits. Download this white paper to learn how Lonza has developed a novel workflow to ensure confidence regarding functionality in PFS and autoinjectors.
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7 “Make or Break” Factors for Emerging Biopharma Companies

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Planning for success in cell-based manufacturing

Learn how to evaluate quality documentation to help you select the right raw materials at early decision points for your cell-based manufacturing processes.
 

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