Invitae files Chapter 11, seeks suitor

Today’s Big News

Feb 14, 2024

Biogen, grappling with declining sales, slapped with DOJ subpoena over foreign operations


GSK still has a crush on oligonucleotides, sealing the deal with Elsie


Invitae prepares for a sale as it files for Chapter 11 bankruptcy


With FDA nod for Onivyde combo, Ipsen ends 10-year drought in newly diagnosed pancreatic cancer 


UPDATED: Eicos Sciences' Aurlumyn scores first FDA approval to treat severe frostbite 


Latigo, running behind Vertex in non-opioid pain race, raises $135M to catch up


FDA advisory panel recommends Abbott's TriClip approval for leaky tricuspid valves

 

Featured

Biogen, grappling with declining sales, slapped with DOJ subpoena over foreign operations

Biogen’s business has been in decline thanks to fierce multiple sclerosis competition and a botched Alzheimer’s drug launch. To make matters worse, the U.S. Department of Justice is looking into the company’s foreign operations.
 

Top Stories

GSK still has a crush on oligonucleotides, sealing the deal with Elsie

Before being swayed by antibody-drug conjugates, one of GSK’s passion projects was oligonucleotides. As part of this romance, the British Big Pharma signed a research collaboration with Elsie Biotechnologies last summer and has now decided to cement the relationship on Valentine’s Day.

Invitae prepares for a sale as it files for Chapter 11 bankruptcy

The rumors are true: A week after reports first surfaced that Invitae was on the brink of filing for bankruptcy, the genetic testing company has done exactly that.

With FDA nod for Onivyde combo, Ipsen ends 10-year drought in newly diagnosed pancreatic cancer

It’s the approval Ipsen has been waiting for since buying up Onivyde in 2017. The FDA has approved Onivyde as part of a combination dubbed Nalirifox to treat patients with newly diagnosed metastatic pancreatic cancer.

UPDATED: Eicos Sciences' Aurlumyn scores first FDA approval to treat severe frostbite

The FDA has approved the first medicine for severe frostbite. The U.S. regulator has signed off on Eicos Sciences' Aurlumyn (iloprost), an injected treatment to reduce the risk of amputation of the fingers or toes.

Latigo, running behind Vertex in non-opioid pain race, raises $135M to catch up

Vertex may be the front-runner in the pursuit of a new non-opioid pain option, but one new biotech is emerging from stealth to mount a challenge with $135 million and a phase 1 clinical candidate.

FDA advisory panel recommends Abbott's TriClip approval for leaky tricuspid valves

Built on the design of the company’s top-selling MitraClip aimed at mitral valve regurgitation, the TriClip aims to repair the trickier valve on the opposite side of the heart.

After FDA's mixed approval decisions, Sage now says it's 'highly encouraged' by Zurzuvae launch

Sage Therapeutics and Biogen may not have the broad label that they had hoped for with Zurzuvae, but the two companies are touting the med’s initial launch performance in postpartum depression.

Earlybird gets the €173M worm, building nest egg for European healthcare companies

Earlybird Health is taking flight with 173 million euros ($186 million), a nest egg that will go toward European healthcare companies ranging from early development to late-stage tech nearing regulatory approval and commercialization.   

After Vifor buyout, CSL CEO sees 'dampened' outlook for the unit as hurdles mount

Even as Australia’s CSL continues to grow, the company’s ambitions for its kidney disease and iron deficiency outfit Vifor Pharma—now known as CSL Vifor—have become more muted.

Wandercraft tacks on 2nd FDA nod for self-balancing exoskeleton suit

Only about a year after earning its first FDA nod, Wandercraft’s Atalante X robotic exoskeleton has broadened that clearance.
 
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'Podnosis': The Fierce 15 of 2024

This week on "Podnosis," Fierce Healthcare's Paige Minemyer, Dave Muoio and Noah Tong share insights into this year's Fierce 15, discussing the companies that made the cut and the important issues they're addressing.
 

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Whitepaper

The Oncology Market – 2023 Year in Review

This paper offers a detailed review of key events and developments in the oncology market during 2023.  It’s a helpful “status report” that informs how the market is likely to evolve in 2024. It covers, vaccines, radiopharmaceuticals, ADCs, CAR-Ts, bi-specifics, & more.

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Developing and Manufacturing Drugs with HPAPIs

Discover how to effectively classify highly potent APIs and the steps required to develop containment protocols and manufacturing processes that are both safe and efficient.

 

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