Lilly plots 4 launches to drive 2023 growth

Today's Big News

Dec 13, 2022

Moderna, Merck & Co. mRNA cancer vaccine slashes melanoma recurrence in Keytruda combo trial


Eli Lilly says 4 new launches will help drive its 2023 revenue past $30B


Healthcare companies' default risk steadily rising, with most owned by private equity: Moody's


Tandem inks $216M deal for AMF Medical and its insulin patch pump


ASH: Novartis stays the course with cell therapy bet as competitors line up 'off-the-shelf' options


Abbott, Brain Injury Association of America launch concussion coalition with Rebel Wilson

 

Featured

Moderna, Merck & Co. mRNA cancer vaccine slashes melanoma recurrence in Keytruda combo trial

Merck & Co. has shown why it bet $250 million on Moderna’s mRNA cancer immunotherapy. Weeks after Merck opted into the program, the partners have revealed the personalized candidate reduced the risk of recurrence or death by 44% when given to melanoma patients in combination with Keytruda.
 

Top Stories

Eli Lilly says 4 new launches will help drive its 2023 revenue past $30B

As the year wraps up, Eli Lilly has set high ambitions for the year ahead. As the diabetes launch Mounjaro gains steam, the company says it expects total revenues to exceed $30 billion next year.

Healthcare companies' default risk steadily rising, with most owned by private equity: Moody's

Amid a weakening macroeconomic environment and ongoing pressure by private and public payers to reduce healthcare costs, a growing number of healthcare companies are faced with credit rating downgrades and potential defaults.

Tandem inks $216M deal for AMF Medical and its insulin patch pump

Joining Tandem on its bicycle built for two is AMF Medical, the Swiss developer of a patch pump for automated insulin delivery.

ASH: Novartis stays the course with cell therapy bet as competitors line up 'off-the-shelf' options

While more pharmas big and small are pursuing “off-the-shelf” CAR-T therapies, Novartis has been blazing its own trail. The Swiss drugmaker has been fine-tuning its T-Charge platform to speed up the process by ensuring most of the CAR T-cell expansion occurring within the patient’s body.

Abbott, Brain Injury Association of America launch concussion coalition with Rebel Wilson

Medtech giant Abbott along with the Brain Injury Association of America is joining forces with actress Rebel Wilson to boost the “invisible injury” that is concussion.

ED docs offer better care than nurse practitioners, research finds

New research to be unveiled at an AMA conference argues that nurse practitioners drive up costs and drive down quality in emergency departments. The president of the American Association of Nurse Practitioners begs to differ.

J&J leads $85M funding for HistoSonics' tumor-blasting ultrasound amid FDA review

HistoSonics' noninvasive ablation technology directs focused ultrasound toward targeted tissue from outside the body. The company is focusing first on attacking tumors in the liver.

ASH: Novartis says rare disease med 'stands on its own,' diving deeper into head-to-head win against AstraZeneca

Novartis is touting expanded phase 3 data of its rare blood disease med after an initial readout showed significant benefits compared to a couple of AstraZeneca assets. Citing the data, a top Novartis development executive said in an interview that the results support full approval from regulators.

UPDATED: As Novo irons out obesity supply wrinkles, blockbuster-to-be Wegovy debuts in Europe

While Wegovy still hasn’t made its way to the U.K., the obesity med did launch in Novo Nordisk's home market of Denmark Monday, a company spokesperson said over email.

Takeda bets $4B upfront on Nimbus' phase 3-ready prospect to challenge Bristol Myers in psoriasis

Nimbus Therapeutics’ midphase psoriasis data have persuaded Takeda that the biotech’s TYK2 inhibitor will be big. How big? $4 billion upfront and more again on the back end big.

CMS proposes cap on nonstandard ACA plans, network adequacy standard changes for 2024

CMS proposed a cap on the number of nonstandardized Affordable Care Act plans insurers can offer on HealthCare.gov and other updates to network adequacy standards.

ASH: Amgen's Blincyto looks to establish new leukemia standard after 9-year trial

A clinical trial that started before the first FDA approval for Blincyto might support a new use for the Amgen therapy in acute lymphoblastic leukemia.

Cardiosense lands $15M for AI to predict worsening heart failure from wearables

The FDA isn’t the only one with its eye on Cardiosense’s artificial intelligence algorithms, which are aiming to predict heart disease before it develops.
 
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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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