Featured Story | By Annalee Armstrong Will any of the three leading Alzheimer's disease therapies make it through their upcoming readouts? Executives from Biogen and Roche seem to be tempering expectations in second quarter earnings updates. Lilly is the next to report. read more |
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Top Stories By Gabrielle Masson After talks with the FDA, Vertex Pharmaceuticals has been given the go ahead to advance its non-opioid pain killer into phase 3 trials, which are set to begin in the last quarter of this year. read more By Max Bayer The second half of 2022 was always going to be a high-stakes moment for VistaGen Therapeutics as it awaited data from two phase 3 trials for a social anxiety disorder nasal spray. And the stakes just got even higher, after the results of the first of the two found that the company swung and missed. read more By Annalee Armstrong Astellas has rolled out plans for a $70 million innovation center on the West Coast. This sets up a consolidated shop in South San Francisco to house the Japanese pharma’s operations, which is currently scattered across the region. The biotechnology campus will be housed in a new 154,000 square foot building. read more By Teresa Carey This week on "The Top Line," we discuss the significant increase in layoffs and what that means for the biotech industry. Also under discussion is our special report on the top 10 companies by generic drugs sales. read more By Robert King Tenet Healthcare posted a $38 million profit for the second quarter of the year due in part to a debilitating cyberattack that led to a $100 million hit for the hospital chain. read more By Andrea Park Hanger agreed to be acquired by Patient Square Capital, a Silicon Valley healthcare investment firm that just last month joined in on the $890 million acquisition of biopharmaceutical developer Radius Health and, a month earlier, launched its own $300 million therapeutics-focused startup incubator. read more By Fraiser Kansteiner Tuesday, the appellate branch of the New York Supreme Court reversed an earlier decision in favor of plaintiff Donna Olson, who claimed her lifelong use of J&J’s talc caused her to develop mesothelioma. With a win in hand, J&J is also off the hook to pay Olson damages of $120 million, which were reduced from an original award of $325 million. read more By Andrea Park According to the DOJ, many of the fraudulent telemedicine referrals included orders for expensive genetic tests for cardiovascular conditions and cancer. read more By Natalie Missakian Biohaven is hammering home the “all in one” simplicity of Nurtec ODT to treat and prevent migraine in a new campaign that brings back reality star, influencer and entrepreneur Khloe Kardashian as celebrity spokeswoman. read more By Gabrielle Masson,Max Bayer For the first time in 14 years, Roche has a new CEO taking the reins. The Swiss pharma powerhouse has officially confirmed that Thomas Schinecker, Ph.D., will replace Severin Schwan, effective March 15, 2023. read more By Angus Liu Eisai is shutting down an oncology venture for good. WuXi Biologics and Samsung Biologics are making big investments in Asia. Novartis has ditched a plan for a PD-1 monotherapy filing in non-small cell lung cancer. And more. read more |  | YOU vs. “UNSOLVABLE” PROBLEMS Let’s solve patient needs together. Turn promise into reality and become part of something bigger, today. Explore meaningful careers here. |
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