Novocure preps filings for tumor treating electric fields

Today’s Big News

Dec 2, 2024

Novartis pays PTC $1B upfront for midphase Huntington's program, re-establishing itself in R&D race


Novocure’s tumor treating electric fields clear phase 3 pancreatic cancer trial


Sanofi charts biggest China investment to date with plans for €1B insulin 'manufacturing base' in Beijing


Race is on for oral obesity drugs with multiple phase 3 trials vying for next-gen status in a $126B market


After temporary reprieve, Advanz Pharma's liver med Ocaliva loses marketing nod in Europe


Alligator Bioscience clamps down on costs with plans to lay off 70% of workforce to stay afloat

 

Featured

Novartis pays PTC $1B upfront for midphase Huntington's program, reestablishing itself in R&D race

Novartis is paying $1 billion up front for global rights to PTC Therapeutics’ midphase Huntington's disease program, helping the biotech bounce quickly back from disappointing data on another program.
 

Top Stories

Novocure’s tumor treating electric fields clear phase 3 pancreatic cancer trial

The company’s wearable therapy improved overall survival as part of a first-line regimen for patients with inoperable pancreatic adenocarcinoma, one of the most lethal cancers.

Sanofi charts biggest China investment to date with plans for €1B insulin 'manufacturing base' in Beijing

Sanofi is laying out roughly 1 billion euros ($1.04 billion) to establish a new production base in the Beijing Economic and Technological Development Zone. The new manufacturing site, which will become Sanofi’s fourth in China, is being designed to beef up local end-to-end insulin production.

Race is on for oral obesity drugs with multiple phase 3 trials vying for next-gen status in a $126B market

Unless you have been living under a rock, you’ll know that anti-obesity GLP-1 drugs are the next big thing in pharma, with megablockbuster sales in a market that could be worth $126 billion by 2030 just on the horizon.

After temporary reprieve, Advanz Pharma's liver med Ocaliva loses marketing nod in Europe

The General Court of the European Union decided not to extend a suspension of the European Commission’s decision to revoke Ocaliva’s marketing authorization. In turn, Intercept's liver disease drug, which is marketed by Advanz Pharma overseas, has lost its EU approval.

Alligator Bioscience clamps down on costs with plans to lay off 70% of workforce to stay afloat

Cancer-focused Alligator Bioscience is clamping down on costs, laying off 70% of its team in efforts to save around $6 million every year.

GE HealthCare debuts AI-powered, zero-click mammography system

GE HealthCare unveiled a new mammography system with AI features aimed at easing the pressures from a shortage of trained technologists.

FDA rejects Applied filing for rare disease approval on clinical grounds, sinking stock

The FDA has rejected Applied Therapeutics’ attempt to win approval on the strength of a failed phase 3 trial, triggering a 75% drop in the biotech’s share price. Applied said the complete response letter cited “deficiencies in the clinical application” but it plans to reapply or appeal.

FDA considers 'regulatory action' for bluebird's Skysona after blood cancer reports

The FDA is investigating reports of patients developing blood cancer after receiving bluebird bio’s gene therapy Skysona and is evaluating the need for “further regulatory action,” the U.S. agency said last week. The FDA notification came seven weeks after the New England Journal of Medicine (NEJM) published a report that seven of 67 children who received Skysona during clinical trials had developed blood cancer.

Merus' head and neck cancer candidate bolsters 'best-in-disease' profile with new data drop: analyst

Along with the company's new data drop at the European Society for Medical Oncology Asia Congress, Merus also secured a partner for a separate candidate that's in line for an upcoming FDA decision.

GSK takes AMR message to Paddington, bearing responsibility for raising awareness of risks

GSK has brought its message about the risks of antimicrobial resistance to commuters in London. The drugmaker worked with its partner the Fleming Initiative to tell people traveling through Paddington Station about the rise of AMR.
 
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