Orphazyme’s rare disease drug finds no favor in EU

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Today's Rundown

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Merck cuts ties to Moderna's early-phase KRAS vaccine, leaving mRNA specialist to mull next steps

Merck has dumped Moderna’s mutant KRAS vaccine mRNA-5671. The action, which comes shortly after Merck closed enrollment in a phase 1 trial, leaves Moderna pondering the next steps for the program.

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Top Stories

'Better than Abecma': Slimmed-down 2seventy charts own course after bluebird split

Less than four months after finalizing its spinoff from bluebird bio, leaders of 2seventy bio say their pipeline's current success stories are not the bar, including FDA-approved Abecma. Instead, those at the helm believe the company's future will be defined by the science it's now chasing.

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Orphazyme goes soul searching as EU advisers add 2nd rejection for rare disease drug

Orphazyme's rare disease drug has encountered yet another rejection, this time from the European Union's regulatory advisers. The setback comes after an FDA rejection in June 2021 and two failed phase 2/3 trials in other diseases last year.

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Sponsored: Recommended Strategies for Your Next Biomarker-Driven Clinical Trial

The use of biomarkers to individualize treatment is a cornerstone of precision medicine. Successful incorporation of biomarkers for effective patient identification and selection requires careful planning. Learn about Precision's recommended strategies for overcoming 4 common challenges in biomarker-driven trials.

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Amicus' gene therapy SPAC merger folds, turning pipeline and R&D into target of $400M in cuts

Amicus Therapeutics’ plan to spin off its gene therapy assets has run into the reality of the biotech stock market in 2022. With “market conditions” sinking the planned SPAC merger, Amicus plans to prioritize its gene therapy pipeline as part of a push to generate $400 million in net savings through 2026.

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Takeda, Arch back hC Bioscience with $24M for transfer RNAs, following Flagship into the field

Takeda's venture arm and Arch have doled out $24 million to bankroll the early days of hC Bioscience, which is going after transfer RNAs. The biotech is led by Leslie Williams, who previously founded and led Arch-backed celiac disease biotech ImmusanT, which disappeared after a scrapped phase 2 in 2019.

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Baxter reaches $18M settlement with SEC over decades of allegedly inflating income

According to the SEC, from at least 1995 until 2019, Baxter converted its internal foreign transactions, assets and liabilities into U.S. dollars on its financial statements using a method that “was not in accordance with U.S. GAAP or generally accepted accounting principles.”

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Moderna, after monumental commercial debut, forecasts $22B in COVID shot sales this year

This year, Moderna expects revenue from sales of its mRNA-based COVID-19 vaccine to clock in at around $22 billion. The company has locked up advanced purchase agreements worth $19 billion, with additional signed options valued at roughly $3 billion, the company said Thursday.

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Regeneron, Bayer's Eylea 'to remain king' as analysts see 'tepid' response to biosimilar threats

Biosimilars are coming for Regeneron and Bayer’s Eylea’s crown, but the blockbuster reign is under no immediate threat of being overthrown.

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Michigan signs PBM reform law with new transparency requirement

Michigan Gov. Gretchen Whitmer signed into law a series of reforms to the pharmaceutical benefit management industry, including installing new requirements for licensure and transparency.

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BioMarin eyes first profits in 2022 as dwarfism drug launch kicks into gear, hemophilia gene therapy refiling nears

After nearly 25 years of operating at a loss, BioMarin hopes to finally turn a corner and post its first profits in 2022 as the commercial launch of dwarfism drug Voxzogo kicks into gear. But some safety concerns might ruin the party.

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Insulet’s Omnipod insulin pump sales send it past $1B mark for the first time

Even without the rollout of the latest model of its tubeless insulin pump system—the Omnipod 5, which was originally poised to receive FDA clearance early last year but didn’t secure the agency’s OK until last month—Insulet still broke new ground in its 2021 earnings.

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Decentralized trials are staying put, but sites and sponsors aren't quite prepared: survey

In the wake of the pandemic, decentralized trials became a much larger fixture of the life sciences industry. As sites and sponsors look toward the future, a new survey found many will continue to adopt remote strategies, but challenges remain.

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Resources

Whitepaper: Lipid-Based Drug Delivery System to Bring Poorly Soluble Drugs to Market

How can Lipid-Based Drug Delivery System help bring poorly soluble drugs to market?

Whitepaper: Versatility of Softgel Technology - Encapsulation of a Volatile Compound

Learn more about how the versatility of Softgel Technology helped a customer with a volatile compound.

Whitepaper: The Most Suitable Dosage Form Technologies for the Oral Delivery of Lipid-Based Formulations

What is the most suitable dosage form technology for the Oral Delivery of Lipid-Based Formulations?

Whitepaper: The CNS Market: 2021 Year in Review & Outlook for 2022

What’s in store for the CNS therapeutics market in 2022? This paper looks ahead in Alzheimer’s, Parkinson’s, DMD, psychiatric disorders, pain, and more.

Webinar: The Faster Path From Pre-Filled Syringe to Auto-Injector

Ypsomed and Catalent Biologics experts discuss strategies for integrated PFS manufacturing and auto-injector assembly to accelerate timelines and more in this webinar.

Whitepaper: Formulation Strategies When Transitioning From Vial to PFS

Learn how formulation development for a PFS affects manufacturing to drive the industry toward optimizing delivery of injectable products and, ultimately, improving patient care.

Events