Ex-Mazor exec convicted for insider trading

Today’s Big News

Feb 21, 2024

PhRMA, navigating turbulence, taps Gilead CEO to helm board of directors 


Fierce Biotech Layoff Tracker 2024: Two Flagship startups lay off staff; Cell therapy biotech Clade makes cuts 


Ex-Mazor Robotics exec convicted for insider trading on Medtronic acquisition 


United Therapeutics challenges FDA on application process for rival drug from Liquidia 


NodThera Parkinson's drug almost matches Wegovy for weight loss in mice, with bonus heart benefits 


Medical Microinstruments collects $110M to fund surgical robot rollout 


Touting commercial and R&D progress, AstraZeneca hikes CEO Pascal Soriot's pay to nearly £17M 

 

Featured

PhRMA, navigating turbulence, taps Gilead CEO to helm board of directors

PhRMA revealed that Gilead CEO Daniel O’Day has donned the mantle as chair of the board of directors, replacing Novartis chief Vas Narasimhan, who held the position for much of 2023.
 

Top Stories

Fierce Biotech Layoff Tracker 2024: Cell therapy biotech Clade makes cuts; Two Flagship startups lay off staff

We really didn't want to have to create another Layoff Tracker this year. But here we are, launching the third annual iteration tracking biopharma layoffs. 

Ex-Mazor Robotics exec convicted for insider trading on Medtronic acquisition

More than half a decade after Medtronic wrapped up its $1.6 billion buyout of Mazor Robotics, at least one former Mazor employee is still grappling with the aftermath of the deal.

United Therapeutics challenges FDA on application process for rival drug from Liquidia

When a federal appeals court rejected United Therapeutics’ attempt to revive an invalidated patent on its aging pulmonary arterial hypertension drug Tyvaso, it cleared one hurdle for the FDA to approve a rival treatment from the North Carolina-based Liquidia Corporation. But now United is using a different tactic to thwart the potential competitor.

NodThera Parkinson's drug almost matches Wegovy for weight loss in mice, with bonus heart benefits

NodThera’s lead clinical-stage drug for Parkinson’s is almost as effective at inducing weight loss as Novo Nordisk’s blockbuster GLP-1 receptor agonist Wegovy, new data shows. 

Medical Microinstruments collects $110M to fund surgical robot rollout

The Symani system, with its two robotic arms, mimics the dexterity of the human hand on a much smaller scale while smoothing out tremors.

Touting commercial and R&D progress, AstraZeneca hikes CEO Pascal Soriot's pay to nearly £17M

AstraZeneca CEO Pascal Soriot’s compensation package makes him the current top contender for 2023’s highest-paid pharma CEO in Europe. Still, as in years past, not everyone is pleased with Soriot’s 2023 windfall.

As FDA takes up Dato-Dxd, AstraZeneca's David Fredrickson places next ADC bet on in-house pipeline

AstraZeneca's David Fredrickson spoke to Fierce Biotech as the FDA accepted an application for the company’s TROP2-directed ADC datopotamab deruxtecan.

Cagent Vascular sharpens up with $30M for serrated balloon catheter

In much the same way that Cagent Vascular’s flagship device is designed to help open up blocked arteries to promote blood flow, a recent round of funding for the startup is now slated to widen the device’s path in the commercial market.

GSK’s long-acting HIV med Cabenuva beats daily therapy in patients who've faced adherence hurdles

GSK’s long-acting HIV regimen Cabenuva has already shown it works as well as daily oral therapies in patients who have the virus under control. Now, the injection has beaten daily drugs in individuals who’ve faced issues adhering to their medications.

Bavarian Nordic ends cancer vaccine program to fully focus on profitable infectious disease range

Bavarian Nordic may be celebrating its most profitable year yet on the back of mpox vaccine sales, but that hasn’t stopped the Danish biotech from streamlining its portfolio.
 
Fierce podcasts

Don’t miss an episode

'The Top Line': Gene editing's next act

This week on "The Top Line," Max Bayer from Fierce Biotech explores the future of gene editing in an interview with the CEO of Verve Therapeutics.
 

Resources

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.

Whitepaper

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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