Amid Adderall shortages, Takeda's Vyvanse in short supply

Today's Big News

Jun 21, 2023

Ex-Novartis NASH drug clears clinical test, fueling Boston's pursuit of Akero, 89bio


Exact Sciences pads the case for next-gen Cologuard test with improved study results


As Adderall shortages persist, Takeda's rival Vyvanse is now in short supply


Nutcracker Therapeutics lays off 12 employees less than 18 months after $167M series C


Merck consolidates NJ operations at 'reimagined' headquarters in Rahway


Surmodics soars on FDA approval of drug-coated balloon, triggering $27M Abbott milestone payment

 

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Ex-Novartis NASH drug clears clinical test, fueling Boston's pursuit of Akero, 89bio

Boston Pharmaceuticals has posted early evidence that its ex-Novartis candidate works in nonalcoholic steatohepatitis. But with Akero Therapeutics and 89bio taking rival drugs to the cusp of phase 3, it's unclear whether the biotech can differentiate BOS-580 from more advanced candidates.
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Exact Sciences pads the case for next-gen Cologuard test with improved study results

Nearly a decade after the original Cologuard test received premarket approval from the FDA and became a blockbuster hit as a screening tool for colorectal cancer, its maker Exact Sciences is planning to release a sequel.

As Adderall shortages persist, Takeda's rival Vyvanse is now in short supply

Takeda says a "manufacturing delay" and increased demand are driving its supply shortfall for ADHD med Vyvanse.

Nutcracker Therapeutics lays off 12 employees less than 18 months after $167M series C

Nutcracker Therapeutics has laid off a dozen employees, according to two sources familiar with the decision. A spokesperson declined to comment on the layoffs.

Merck consolidates New Jersey operations at 'reimagined' headquarters in Rahway

Merck is back home again in Rahway, New Jersey, at the site that it established 90 years ago as Merck Research Laboratories. After being headquartered for eight years, seven miles to the north in Kenilworth, and before that, for 23 years in Whitehouse Station, 35 miles to the west, Merck has returned to its “reimagined” Rahway facility.

Surmodics soars on FDA approval of drug-coated balloon, triggering $27M Abbott milestone payment

It’s taken two years, but Surmodics has finally secured the long-awaited premarket approval from the FDA for its SurVeil drug-coated balloon.

Pieris stock deflates as AstraZeneca stops trials of asthma drug in response to toxicology signal

AstraZeneca has pulled the plug on clinical trials of its asthma candidate elarekibep after seeing data from a toxicology study. Pieris Pharmaceuticals, which licensed the inhaled IL-4 receptor alpha inhibitor to AstraZeneca, attributed the decision to “lung findings” from a 13-week nonclinical assessment.

Needle-free vaccine maker Vaxxas opens new manufacturing facility, HQ in Australia

Australian biotech Vaxxas, known for its needle-free vaccine technology, opened a new manufacturing facility in Brisbane, Australia. The plant will support the company's late-stage clinical trials and potentially its first commercial launches.

Flagship-launched Empress aims to be a small molecule speedster, with up to 4 INDs over next 2 years

The latest Flagship venture has hit the scene, with Empress Therapeutics unveiling with $50 million to be a leader in small molecule development. The company plans to file four INDs with the FDA over the next two years.

After FDA rebuke, Owlet relaunches baby-monitoring ‘sock’ with agency’s blessing

Nearly two years ago, Owlet pulled its Smart Sock from the market after the FDA issued a warning letter condemning the unregulated device’s use in alerting parents when their babies’ heart rates or blood oxygen levels left predetermined healthy ranges.

Regulatory tracker: Eli Lilly, Boehringer diabetes drugs cleared for use in children

In this tracker, Fierce Pharma is recording the regulatory progress of in-market products, including expansions into key geographies and new indications. Some of these updates may not meet the bar for standalone stories, but we think they are still worth mentioning.
 
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This week on "The Top Line," we discuss the the top news from this year's annual BIO meeting, plus a COVID lawsuit, an FDA-approved app and the rest of the week's headlines.

 

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Commercializing Gene Therapies, Part 4 – Market Entry

This paper outlines various market archetypes and key considerations leaders must address when prioritizing new potential markets for gene therapies.
 

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