Apple pauses watch sales ahead of Biden decision

Today’s Big News

Dec 18, 2023

Biotechs end year 'trading for nothing' as investors mull 'what is IPO-able today?'


Merck, Astellas and Pfizer bring down the house with Keytruda-Padcev FDA nod in bladder cancer 


Apple plans to pause US smartwatch sales ahead of Biden ruling on pulse oximetry tech ban 


GSK tees up AstraZeneca rivalry with positive Jemperli-Zejula readout in endometrial cancer 


48% of biotechs leaning on Big Pharma as current funding method: ICON survey 


Illumina sets a date to divest Grail following antitrust appeal ruling 

 

Featured

Biotechs end year 'trading for nothing' as investors mull 'what is IPO-able today?'

Biotech investors are licking their wounds after a year that's likely to have the lowest level of new fundraising in four years. Will 2024 finally be the rebound year?
 

Top Stories

Merck, Astellas and Pfizer bring down the house with Keytruda-Padcev FDA nod in bladder cancer

The FDA has signed off on Astellas and Pfizer’s Padcev in combination with Merck’s Keytruda as a first-line treatment for bladder cancer. The full endorsement, which follows an accelerated nod eight months ago, puts the combo on course to replace chemotherapy as the standard of care in locally advanced or metastatic urothelial cancer.

Apple plans to pause US smartwatch sales ahead of Biden ruling on pulse oximetry tech ban

With only a week left in President Biden’s review of a proposed import ban on Apple Watches containing a pulse oximetry feature, Apple is preemptively complying with the sales stoppage.

GSK tees up AstraZeneca rivalry with positive Jemperli-Zejula readout in endometrial cancer

GSK has more positive data to report in endometrial cancer as the company's PD-1/PARP combination turned in a trial win. The combination could represent a threat to a rival therapy at AstraZeneca.

48% of biotechs leaning on Big Pharma as current funding method: ICON survey

Against a backdrop of a tough funding environment, nearly half of biotechs are using partnerships with Big Pharmas as a financing method, according to a survey commissioned by CRO Icon.

Illumina sets a date to divest Grail following antitrust appeal ruling

The DNA sequencing giant announced it will aim to finalize the details of the divestiture within the first six months of the new year—whether it be through a sale to an interested suitor or by having Grail take itself public.

Bristol Myers Squibb's Opdualag comes up short in late-stage colorectal cancer trial

The company opted to cut the phase 3 Relativity-123 study after an analysis found that the trial was unlikely to achieve its primary endpoints in microsatellite-stable patients with metastatic colorectal cancer.

Novo Nordisk Foundation sets up new vaccine initiative for respiratory diseases with $260M

The Novo Nordisk Foundation is dedicating up to $260 million to create new or improved vaccines for serious respiratory diseases, such as tuberculosis (TB) and the flu.

ZimVie goes all-in on dental as it sheds spine business in $375M private equity deal

Less than two years after Zimmer Biomet spun out its spine and dental businesses into a separate, standalone company, the resulting entity, ZimVie, is already undergoing another transformation.

Activist shareholders urge drugmakers to re-evaluate patent strategies, human rights policies

Once again, shareholders with the Interfaith Center on Corporate Responsibility are raising access concerns in proposals to several top drugmakers.

UPDATE: Deadline looms for Point investors as phase 3 data matches Lilly's deal expectations

It's decision time for Point Biopharma investors. Having dragged out the Eli Lilly buyout, investors now have phase 3 radiopharmaceutical data to compare to Novartis’ results—and days to choose whether to cash out or reject the existing offer.

Zeiss offers €985M to acquire fellow ophthalmic devicemaker

Even after decades of experience developing eye-related devices under its belt, Carl Zeiss Meditec is still looking to expand its ophthalmic portfolio.
 
Fierce podcasts

Don’t miss an episode

'The Top Line': A closer look at the Fierce 50

The Fierce 50 honorees range from tech innovators to researchers developing novel therapies to providers on the frontlines of changing care. This week on "The Top Line," senior editor Paige Minemyer sat down with staff writers Dave Muoio and Anastassia Gliadkovskaya as well as senior editor Heather Landi to discuss a few of the honorees in more detail.
 

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Fed-Batch Intensification To Increase Titer In Biologics Manufacturing

Improving efficiency and productivity in biologics manufacturing is a longstanding goal within today’s industry, especially now as new and increasingly complex molecules are fundamentally changing technological and operational approaches to drug development. Process intensification can help accelerate this pace of innovation through advanced process development techniques and high productivity manufacturing platforms.

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Effective Technology Transfers for Mammalian-Derived Biologics

As a leader of technology transfer activities in the industry, Lonza understands the challenges associated with this critical step. Download this White Paper today to learn more. 

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An Introduction to Organ-on-a-Chip Technology

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