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Neurocrine wins approval of Ingrezza 'sprinkle' formulation for patients with...
Neurocrine Biosciences won FDA approval on Tuesday for a new formulation that may help Ingrezza go down in a more delightful way. Eric Benevich The oral granules are designed to be opened and sprinkled...
View ArticlePiction Health raises $6M to cut wait times for skin conditions
(This story is from our new Health Tech newsletter. If you’d like to sign up, just click here.) Piction Health, which started as a mobile app that uses AI to recognize skin conditions from pictures,...
View ArticlePfizer makes small pipeline changes in first-quarter update
Pfizer trimmed a handful of programs from its pipeline Wednesday morning as part of its first-quarter earnings update. The company discontinued development of VTX-801, a recombinant AAV gene therapy...
View ArticleGSK still riding vaccine sales wave, pushing 2024 forecasts higher
GSK’s vaccines portfolio is front and center as it kicks off 2024. The UK pharma said its non-Covid vaccine sales grew 22% in the first three months of the year to £2.27 billion ($2.83 billion)...
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Astellas taps Poseida for second CAR-T deal focused on solid tumors
Astellas Pharma is signing Poseida Therapeutics to a second deal focused on developing off-the-shelf solid tumor cell therapies after the companies first teamed up in 2023. Gary Starling An Astellas...
View ArticleEditas, BMS extend T cell deal; KalVista seeks partner for preclinical HAE...
Plus, news about Novo Holdings, Pepper Bio, G1 Therapeutics and Akari: Editas, Bristol Myers Squibb add two years to T cell pact: The companies are extending a research deal for gene-edited alpha-beta...
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GSK expedites Blenrep timelines as it eyes second chance in multiple myeloma
GSK wants to present Blenrep to regulatory bodies sooner. The UK pharma will submit Blenrep in second-line multiple myeloma to US, European and Japanese authorities in the second half of 2024, which is...
View ArticleIs UnitedHealth Group too big? Senators grill CEO on key question in wake of...
(This story is from our new Health Tech newsletter. If you’d like to sign up, just click here.) Senators questioned UnitedHealth Group CEO Andrew Witty for more than two hours on Wednesday over the...
View ArticleSenator alleges GSK is shirking its commitment to lower inhaler costs
Sen. Maggie Hassan (D-NH) is pressuring GSK to put a commonly used pediatric inhaler back on the market after the company stopped producing it in late 2023 in favor of an authorized generic version. In...
View ArticleJ&J proposes $6.5B talc settlement plan
Johnson & Johnson has proposed another bankruptcy plan that would settle tens of thousands of talc lawsuits for about $6.5 billion. Faced with mounting allegations its talc products caused cancer,...
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Boehringer puts a target on Humira, says pushing it off formularies is necessary
For biosimilars to win, AbbVie has to lose, according to Boehringer Ingelheim. The German drugmaker on Wednesday said that its goal of getting more uptake for Humira biosimilars will require pushing...
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Pfizer sticks to the script in first-quarter update as cost cuts are 'largely...
The Covid-era swagger is gone. The cost cuts are mostly done. The executives are “cautiously optimistic.” And the stock is up. On Wednesday, Pfizer stayed away from some of its bolder promises of...
View ArticleJ&J follows Bristol Myers in appeal of judge's ruling against companies in...
Days after a New Jersey federal judge tossed their lawsuits against the Inflation Reduction Act, Johnson & Johnson has followed Bristol Myers Squibb and filed an appeal. As Bristol Myers did on...
View ArticleCVS is getting pummeled by the very strategy it once planned its future on
(This story is from our new Health Tech newsletter. If you’d like to sign up, just click here.) CVS Health on Wednesday reported that it’s been hit hard by higher medical costs. It led the company to...
View ArticleEpigenetic editing startup Chroma lays off staff, focusing on reaching the...
Chroma Medicine laid off an undisclosed number of employees earlier this week, as the privately held startup focuses its resources on moving its first epigenetic editors into human testing. The...
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FDA decision on Sarepta’s Duchenne gene therapy could come earlier than expected
Sarepta Therapeutics’ chief scientist suggested that the FDA was ahead of schedule in reviewing the company’s application to expand the label of its Duchenne muscular dystrophy gene therapy Elevidys....
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Novo’s GLP-1 sales boost profits, yet full potential still curbed by supply...
Novo Nordisk is still hitting a glass ceiling in revenues due to GLP-1 supply constraints even as sales keep rising. The price of Wegovy dropped in the first quarter, a trend that the company expects...
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Spark co-founder launches new CNS gene therapy startup Latus Bio with $54M
Jang-Ho Cha had no interest in leaving his post at Novartis, where he led translational medicine for the pharma giant’s work in neuroscience. But in the summer of 2022, he received a call from a leader...
View ArticleA once-public psychedelic biotech reemerges with $103M from MPM and Novo...
MPM BioImpact and Novo Holdings are among a group of investors pouring $103 million into a psychedelic biotech that MPM took private last summer. Reunion Neuroscience, a Morristown, NJ-based biotech,...
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BridgeBio spins out oncology unit with $200M in backing for RAS assets
BridgeBio, a biotech known for its model of setting up subsidiaries to house its R&D programs, is splitting off its oncology unit with $200 million in support from 11 investors. Cormorant Asset...
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