Leqembi rejected by EU regulators

Today’s Big News

Jul 26, 2024

BMS axes multiple myeloma bispecific months after filing to run phase 3 trial  


Bristol Myers CEO 'increasingly confident' company can handle IRA pricing on Eliquis 


Dexcom stock drops 40% after reporting CGM sales challenges 


Eisai and Biogen's Alzheimer's med Leqembi turned down in Europe 


AbbVie ADC tops oncologist ranking of most exciting cancer candidates 


Chutes & Ladders—Moderna co-founder Robert Langer leaves board as David Rubenstein joins  

 

Featured

BMS axes multiple myeloma bispecific months after filing to run phase 3 trial

Bristol Myers Squibb had had a whiplash change of heart on its BCMA bispecific T-cell engager, halting further development months after filing to run a phase 3 trial. The Big Pharma disclosed the change of plan alongside a phase 3 win for a potential challenger to Regeneron, Sanofi and Takeda.
 

Top Stories

Bristol Myers CEO 'increasingly confident' company can handle IRA pricing on Eliquis

Bristol Myers Squibb CEO Chris Boerner said after seeing the final negotiated price for Eliquis that he is "increasingly confident" the company can navigate the impact of the IRA.

Dexcom stock drops 40% after reporting CGM sales challenges

On a call with investors, President and CEO Kevin Sayer attributed part of the problem to a steep, unanticipated rise in the number of people obtaining rebates for its G7 continuous glucose monitor.

Eisai, Biogen's Alzheimer's med Leqembi turned down in Europe—but analyst says it's merely a 'delay'

Despite winning approvals in a range of countries like the U.S., China and Japan, Eisai and Biogen’s anti-amyloid Alzheimer’s disease med Leqembi has come up short in the eyes of European regulators.

AbbVie ADC tops oncologist ranking of most exciting cancer candidates

AbbVie could have the hottest cancer drug launch of 2025 on its hands. That is one takeaway from a recent ZoomRx survey, which found oncologists are more aware of and excited about AbbVie’s telisotuzumab-vedotin (Teliso-V) than any other investigational cancer candidate.

Chutes & Ladders—Moderna co-founder Robert Langer leaves board as David Rubenstein joins

Moderna’s board is undergoing major movement, including the departure of co-founder Robert Langer. 

FDA advisers, frustrated by AZ's Imfinzi design, call for revamp of perioperative lung cancer trials

In a discussion prompted by AstraZeneca's application for Imfinzi, the FDA’s Oncologic Drugs Advisory Committee (ODAC) has unanimously called for a revamp of perioperative clinical trial designs in resectable non-small cell lung cancer.

Fierce Biotech Layoff Tracker 2024: GlycoMimetics cuts 80% of company; Anokion undergoes cuts

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. 

Chasing Pfizer and Lilly, Sun Pharma wins FDA nod for alopecia areata med Leqselvi

The FDA signed off on Sun’s oral JAK inhibitor deuruxolitinib to treat adults with severe alopecia areata. The drug is now approved in 8 mg tablets under the brand name Leqselvi.

Calliditas' liver disease trial hits primary endpoint after sweeping changes to design

Calliditas Therapeutics’ slimmed-down, truncated and rethought primary biliary cholangitis drug has hit its primary endpoint. But the biotech, which changed the midphase trial to cut costs, only saw a positive trend on liver stiffness and reported a higher rate of treatment-related dropouts on the study drug.

Europe's CHMP endorses clutch of new medicines including Astellas, J&J and Ipsen offerings

While it may well be the dog days of summer, European drug regulators are showing no signs of slowing down in their review of new medicines and proposed label expansions.
 
Fierce podcasts

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Fierce 15: Where are they now?

In this week’s episode of "The Top Line," Fierce Biotech’s Annalee Armstrong highlights some of the most promising companies that made our prestigious Fierce 15 list back in 2014. 
 

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In a complex industry like biopharma, being a “Best Practice Organization” (BPO) is essential to success. But what is a BPO & how do you build one? This eBook provides the answers.
 

Industry Events

On Helix

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

 

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