PE 'dry powder' to fuel healthcare deals

Today's Big News

Dec 9, 2022

Pfizer, ripping up its traditional social media playbook, posts a meme hitting back at disinformation


All eyes on Cytokinetics' heart failure drug as FDA seeks answers on efficacy, population and dosing


Healthcare dealmaking will heat up in 2023 with plenty of corporate cash, PE 'dry powder'


Edwards Lifesciences CEO Mussallem retiring after 22 years, to be replaced by VP of heart valve repair segment


Gilead lands new cell therapy for Kite in $225M Arcellx deal, providing global scale for future J&J-Legend showdown 


AZ writes the 'next chapter' in Enhertu's saga with head-to-head win versus Roche's Kadcyla

 

Featured

Pfizer, ripping up its traditional social media playbook, posts a meme hitting back at disinformation

You have to double-check that a recent tweet out from Pfizer’s official corporate account was in fact real and not from the slew of imposter accounts set up in recent weeks designed to tweet controversial statements under the guise of an official account.
 

Top Stories

All eyes on Cytokinetics' heart failure drug as FDA seeks answers on efficacy, population and dosing

Cytokinetics will finally get the chance to make the case for its heart failure drug to the FDA's advisory committee next week. But it seems the agency is uneasy about the single study used to support the application and whether that phase 3 test covered some of the company's asks.

Healthcare dealmaking will heat up in 2023 with plenty of corporate cash, PE 'dry powder'

Deal valuations in 2022 were largely driven by activity in the home health and hospice markets, such as CVS’ acquisition of Signify Health for $8 billion and UnitedHealth's $6 billion deal to buy LHC Group. This sector will continue to be a robust area for investment in 2023, PwC's Nick Donkar said.

Edwards Lifesciences CEO Mussallem retiring after 22 years, to be replaced by VP of heart valve repair segment

After serving as Edwards Lifesciences’ chairman and chief executive since its 2000 spinout from Baxter International, Michael Mussallem is stepping down.

Gilead lands new cell therapy for Kite in $225M Arcellx deal, providing global scale for future J&J-Legend showdown

Gilead landed its Kite unit at Arcellx to work on a phase 2 multiple myeloma cell therapy, a deal worth $225 million upfront plus a $100 million equity investment.

AZ writes the 'next chapter' in Enhertu's saga with head-to-head win versus Roche's Kadcyla

As AstraZeneca and Daiichi Sankyo seek to rewrite the breast cancer playbook, the question is becoming not who should get Enhertu, but who shouldn’t, one exec says.

Employers estimate health benefits costs will rise 5.4% next year: Mercer

Health benefits costs rose by 3.2% this year, and employers are bracing for an even larger hike in 2023, a new survey shows.

Eli Lilly ends insulin pump collab with Ypsomed to focus on its own diabetes platform

Two years after striking up a deal to commercialize an automated insulin pump that would be developed and manufactured by Ypsomed, Eli Lilly has called off the partnership.

Senator presses Amgen with 'final request' for information in tax probe

Senate Finance Committee Chairman Ron Wyden, D-Oregon, is targeting Amgen again about its tax practices, this time making a “final request” of the California biotech to provide information on how it shifts revenue to offshore subsidiaries. In a letter to Amgen CEO Robert Bradway, Wyden asked for “voluntary compliance” and answers to a prepared list of questions by Dec. 21.

FDA OKs bivalent COVID boosters for kids as young 6 months

The FDA yesterday approved the bivalent COVID-19 booster shot for children as young as 6 months old. There are some caveats, however.

Chasing Gilead, AstraZeneca-Daiichi lay down phase 2 breast cancer data for antibody-drug conjugate

AstraZeneca’s $1 billion bet on Daiichi Sankyo’s TROP2 antibody-drug conjugate delivered promising early-phase breast cancer data. Chasing Gilead, the partners have linked the TROP2-directed ADC datopotamab deruxtecan to response and survival results that suggest they have a shot at coming from behind to disrupt the market.

Butterfly Network to chase new CEO as Fruchterman departs

The company and Fruchterman “mutually agreed” that he would leave his positions as president, CEO and member of its board of directors. Fruchterman will stay on through the end of the year to work with the leadership team on the transition.

'The Top Line': The latest from the Clinical Trials on Alzheimer's Disease conference, plus this week's headlines

This week on “The Top Line,” we discuss the latest from the Clinical Trials on Alzheimer’s Disease conference. Plus, we cover the week's news including an investigation into Neuralink, Google’s DeepMind and why things aren't working out for PI3Ks.
 
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'The Top Line': The latest from the Clinical Trials on Alzheimer's Disease conference, plus this week's headlines

This week on “The Top Line,” we discuss the latest from the Clinical Trials on Alzheimer’s Disease conference. Plus, we cover the week's news including an investigation into Neuralink, Google’s DeepMind and why things aren't working out for PI3Ks.
 

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Webinar: Writing the Future of Antibody Discovery Solutions

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Scale-Up Strategies for Late-Stage Cell Therapies

Strategies to help scale-up for commercial manufacturing are critical to getting cell and gene therapies to patients as more advanced therapies reach late-stage clinical studies and regulatory decisions.

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Intranasal Drug Product Development: Formulation to Manufacturing

What are key considerations for intranasal delivery in the treatment of acute and chronic conditions?
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Formulation Strategies When Transitioning From Vial to PFS

Learn how formulation development for a PFS affects manufacturing to drive the industry toward optimizing delivery of injectable products and, ultimately, improving patient care.
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A Strategy to Standardize Process Characterization & Late Phase Development

Learn more on an approach for process characterization for the production of a monoclonal antibody, which will improve the efficiency and effectiveness of the process by targeting the right design and number of experiments.

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Supply Services to Support Clinical Trials in Japan & Beyond

Explore Catalent’s newest clinical supply facility in Japan, including the comprehensive services & solutions it offers to help support trials both in-country & around the world.
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Clinical Supply Solutions for the Asia-Pacific Region

Learn how Catalent’s extensive network across APAC can meet a wide range of clinical supply needs for sponsors conducting trials within the region.
 

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