Abbott scores EU nod for dual-chamber pacemaker

Today’s Big News

Jun 7, 2024

After 33 years, Geron finally crosses FDA finish line with blood cancer med Rytelo


Diabetes biotech stock tanks as FDA imposes full clinical hold


Abbott secures European approval for dual-chamber Aveir leadless pacemaker system


Eli Lilly tipped to leapfrog Eisai, Biogen and take control of $13B Alzheimer's market


Ex-staffer pleads guilty to scamming Takeda out of $2.3M through fake consulting firm


Ipsen gets hot on cold tumors, inking $1.2B biobucks deal for Marengo's T-cell engagers


Asensus Surgical seals the acquisition deal with Karl Storz

 

Featured

After 33 years, Geron finally crosses FDA finish line with blood cancer med Rytelo

The FDA has approved Geron Corporation's Rytelo (imetelstat) to treat a group of bone marrow disorders called myelodysplastic syndrome (MDS). The approval is the first for the 33-year-old California biotech.
 

Top Stories

Diabetes biotech stock tanks as FDA imposes full clinical hold

Biomea Fusion has suffered another dramatic stock drop, with investors sending the share price down 60% after the FDA imposed a full clinical hold on its diabetes program over liver toxicity concerns. 

Abbott secures European approval for dual-chamber Aveir leadless pacemaker system

Nearly a year after garnering an FDA nod, Abbott’s wireless, dual-chamber pacemaker system is crossing the pond with a CE Mark approval in Europe.

Eli Lilly tipped to leapfrog Eisai, Biogen and take control of $13B Alzheimer's market

Eisai and Biogen’s reign at the top of the Alzheimer’s disease market may be short-lived. While Leqembi is the only game in town today, Bloomberg Intelligence analysts expect Eli Lilly to come from behind and capture half of a $13 billion market by 2030.

Ex-staffer pleads guilty to scamming Takeda out of $2.3M through fake consulting firm

Priya Bhambi, 40, pled guilty to wire fraud charges after running a detailed scheme to scam Takeda into paying for non-existent services from a fake consulting firm.

Ipsen gets hot on cold tumors, inking $1.2B biobucks deal for Marengo's T-cell engagers

Ipsen is hot on Marengo Therapeutics’ ability to treat “cold” tumors. The French drugmaker has agreed to pay Marengo up to $1.2 billion to access a T-cell engager platform for targeting immunologically cold tumors that are typically resistant to immunotherapies.

Asensus Surgical seals the acquisition deal with Karl Storz

After previewing its agreement earlier this year, the laparoscopic robotics developer Asensus Surgical has made its buyout official.

Would BIO support a biosecurity bill targeting drug developers? Hear CEO John Crowley’s response

In an interview with Fierce Pharma, BIO CEO John Crowley maintained that "biotech is a national security imperative" for the U.S., but he also took a softer tone and voiced a desire for the U.S.-China tensions to ease. He argued that any further additions to the proposed BIOSECURE Act would have to be based on "very clear and convincing evidence."

Third Rock’s Rapport reveals upsized $154M IPO

Just a few days after Rapport Therapeutics revealed plans for a $122 million IPO, the epilepsy biotech has unveiled an upsized $154 million offering.

FDA boosts Medtronic recall of brain surgery navigation software

Medtronic said the problem lies in the on-screen displays of submillimeter-sensitive information such as “distance to target” or “tip stop point,” which guides the depth of a biopsy needle.

Chutes & Ladders—Sanofi research head Frank Nestle says au revoir

Several Sanofi leaders are scattering, including Frank Nestle, M.D., the French pharma’s global head of research and chief scientific officer.  
 
Fierce podcasts

Don’t miss an episode

A look at the top 10 pharma drug ad spenders

In this week’s episode of “The Top Line,” the Fierce Pharma Marketing team discusses the annual top pharma drug ad spenders special report.
 

Resources

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Adding Rare Disease Products to Your Company’s Portfolio

This paper outlines the challenges, pitfalls, & solutions associated with adding rare disease therapies to a biopharma company’s portfolio.
 

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Date: ‌4 ‌July ‌2024 ‌- ‌Location: ‌Babraham ‌Research ‌Campus, ‌Cambridge ‌UK

 

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