Illumina faces max EU fine over Grail deal

Editor’s note: The Fierce PM Tracker will not publish Monday, January 16 in observance of Martin Luther King Day. We’ll be back in your inboxes Tuesday, January 17.

Today's Big News

Jan 13, 2023

Roche searches for pharma chief Anderson's successor from within: chairman


Cancer death rate declined by 33% since 1991 as treatment advances, study finds


JPM23: Illumina could face the EU's maximum fine for jumping the gun with Grail deal: report


TCR² removed 20% of staff over summer, paving way for latest layoffs


Moderna's proposed Spikevax price hikes 'hard to justify,' White House says


JPM23: As the conference closes, here are the trends payers need to watch


DUE JAN. 20—Submit your company nominations for the Fierce Medtech Fierce 15

 

Featured

Roche searches pharma chief Anderson's successor from within: chairman

Roche’s pharma chief Bill Anderson is embarking on his next assignment outside the company. In search of his replacement, the Swiss pharma prefers an internal candidate, outgoing chairman Christoph Franz reportedly said.
 

Top Stories

Cancer death rate declined by 33% since 1991 as treatment advances, study finds

New research from the American Cancer Society shows the cancer death rate has declined by 33% since 1991 thanks in part to major advances in treatment.

JPM23: Illumina could face the EU's maximum fine for jumping the gun with Grail deal: report

Illumina could well be facing the maximum fine the European Commission can impose, totaling up to 10% of its annual revenues, over the DNA sequencing giant’s premature acquisition of the blood testing company Grail, according to a report from Reuters.

TCR² removed 20% of staff over summer, paving way for latest layoffs

TCR² Therapeutics appeared to become the latest biotech to make major staff reductions last week as it laid out its clinical and corporate vision for the new year. But Fierce Biotech can reveal that it was in fact the second round of layoffs at the company in less than six months, after TCR² quietly removed a fifth of its staff in August.

Moderna's proposed Spikevax price hikes 'hard to justify,' White House says

After Moderna put a price range for the private market at between $110 and $130, White House press secretary Karine Jean-Pierre called the pricing “hard to justify” at a press briefing.

JPM23: As the conference closes, here are the trends payers need to watch

SAN FRANCISCO—As a week packed with meetings, presentations and more than a few rainstorms comes to a close, several key trends have emerged as ones to watch for health insurers heading into 2023.

Many viruses, one sample: Sanger Institute launches project to sequence respiratory viruses, including co-infections

The Wellcome-funded project will see a new test developed that can detect multi-pathogen co-infections in a single swab.

AstraZeneca pulls leukemia drug Lumoxiti off market after disappointing sales

Two years after discontinuing the use of rare blood cancer treatment Lumoxiti in Europe, AstraZeneca has done the same in the U.S. In a letter to healthcare providers, the company said it would pull the treatment from the market in July of this year and advised distributors to return packages of the drug starting in August.

Transcarent inks another major hospital partnership to expand access to medical specialists

Employee healthcare navigation company Transcarent is teaming up with The Clinic by Cleveland Clinic, the hospital's joint venture with telehealth company Amwell, to expand access to medical specialists.

JPM23: Caris teams up with ConcertAI on cancer trial data platforms

Caris Life Sciences has tapped ConcertAI for a joint pitch to cancer researchers, clinicians and drug developers.

Chutes & Ladders—Novavax CEO Erck bids adieu after 12 years, overseeing COVID vax development

Novavax CEO Erck to retire after 12 years and overseeing COVID vaccine development. CureVac CEO steps aside after getting lapped in the COVID vaccine race. Nkarta promotes Shook to chief medical officer role.
 
Fierce podcasts

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'The Top Line': FDA's stance on cancer drug approval, plus this week's headlines

This week on “The Top Line,” we discuss the FDA's shifting stance on cancer drug approvals. Plus, we cover the annual JPM week and other top headlines from this week.
 

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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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