Mirati’s sitravatinib yet to improve survival at interim review

Today's Big News

Dec 2, 2022

After telegraphing blockbuster expansion in Ireland, Pfizer heads east with €1.2B more


Medtronic’s HeartWare pump racks up another safety alert, time time for jammed driveline covers


Mirati’s sitravatinib yet to improve survival at interim phase 3 cancer review, pushing back approval plan


Florida panel hands TeamHealth a win in its ongoing battle with UnitedHealthcare


GSK, with confirmatory trial win, looks to expand PD-1 Jemperli in endometrial cancer

 

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After telegraphing blockbuster expansion in Ireland, Pfizer heads east with €1.2B more

Friday, Pfizer said it would plug 1.2 billion euros into its manufacturing site in Puurs, Belgium, just one day after plotting an identical outlay in Dublin, Ireland. In Belgium, where the expansion will occur over the next three years, some projects have already been started, while others are scheduled to begin in early 2023, Pfizer said in a local press release.
 

Top Stories

Medtronic's HeartWare pump racks up another safety alert, this time for jammed driveline covers

Medtronic’s HeartWare Ventricular Assist Device may be off the market, but it’s still very much on the company’s mind.

Mirati's sitravatinib yet to improve survival at interim phase 3 cancer review, pushing back approval plan

Mirati Therapeutics is going to have to wait a bit longer to learn if sitravatinib works. Having touted an interim phase 3 review as an event that could support full approval, the biotech has learned that the lung cancer study will continue to its final analysis.

Florida panel hands TeamHealth a win in its ongoing battle with UnitedHealthcare

A panel of judges in Florida ruled this week that UnitedHealthcare must pay TeamHealth $10.8 million for underpayments, the latest round in the companies' ongoing legal bout.

GSK, with confirmatory trial win, looks to expand PD-1 Jemperli in endometrial cancer

As GSK races to match its PD-1 blocking antibody Jemperli to Merck’s superstar Keytruda, new pivotal data could help it convert an accelerated approval and expand into a broader endometrial cancer population.

BD finds cybersecurity flaw that could allow hackers to disable infusion pumps

Several models of BD’s BodyGuard infusion pumps face a moderate risk of being hacked, the company reported this week.

No surprises for Y-mAbs as FDA rejects rare pediatric cancer drug after AdComm savaging

The FDA has killed off Y-mAbs Therapeutics’ slim hopes of winning approval for 131I-omburtamab at the first time of asking. Weeks after its advisory committee roundly rejected the candidate, the agency has hit YmAbs with a complete response letter and discussed the need for an adequate and well-controlled trial of the rare pediatric cancer drug.

Senators to Medicare Advantage plans: Get your provider directories in order

The Senate Finance Committee released a discussion draft outlining new ways to improve mental health pay parity as part of a larger package.

Rigel scores green light in AML just four months after buying asset from Forma

More than two months ahead of its PDUFA date, Rigel Pharmaceuticals has won approval for Rezlidhia. The endorsement is for adults with relapsed or refractory acute myeloid leukemia (AML) with a specific genetic mutation—isocitrate dehydrogenase-1 (IDH1)—as detected by Abbott’s Real Time IDH1 diagnostic tool.

GE Healthcare looks to bring MediView's AR headsets to X-ray-guided surgeries

The upcoming OmnifyXR system will be designed to provide a heads-up display of interventional X-ray imaging using Microsoft’s HoloLens hardware.

Beam jumps back into off-the-shelf CAR-T race after FDA lifts clinical hold

Four months after the FDA slapped a clinical hold on Beam Therapeutics’ phase 1 ready off-the-shelf CAR-T, the biotech is now free to proceed.

Digital health VCs eye healthcare workforce, cancer care as ripe for startups in 2023

Despite the market downturn and economic pressures, the majority of investors expect digital health dollars in 2023 to be roughly on par with 2020, bringing in an estimated $15 billion to $25 billion.

Gilead gets a leg up in dueling Truvada patent feuds with feds

In a late November court decision unsealed Wednesday, the U.S. Court of Federal Claims sided with Gilead’s argument that the U.S. Centers for Disease Control and Prevention broke certain agreements with the company around its HIV drug for preexposure prophylaxis. The win could bode well for a separate patent case where the U.S. government is seeking more than $1 billion in damages from Gilead.
 
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'The Top Line': The initial reactions to Biogen's new CEO, plus this week's headlines

This week on “The Top Line,” we discuss the current state of Biogen and recent investor reactions to the new hire. Plus we cover the week's news including: What Albert Bourla said that has him in hot water, a $3.5 million drug, and we tease a possible major acquisition. 
 

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