Health systems boost exec pay amid tight competition
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Today's Rundown

Featured Story

CureVac, GSK load into starting block in omicron booster race

With competitors laps ahead on the track, CureVac and GSK are loading into the starting block for the COVID-19 booster race. The companies announced Thursday morning that a phase 1 trial for their mRNA booster vaccine targeting the omicron variant is getting underway.

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Top Stories

Setback at Lundbeck: CGRP migraine drug Vyepti hits expansion snag, but sales still doubled

Amid growing competition within the CGRP inhibitor class of migraine drugs, Lundbeck’s Vyepti has hit a setback with an "aggressive trial" as part of its market expansion plan.

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Health systems increase executives' base pay, incentives in a competitive market

Health systems are boosting executives' base salaries and incentives to attract more talent in an increasingly competitive market. Healthcare executives saw a 4.5% increase in median base salaries in 2021, according to the independent consulting firm SullivanCotter.

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NIH-backed research turns out same-day, point-of-care abnormal fetal chromosome test

Not only does the new prenatal screening test backed by the National Institutes of Health return results within a single day, but it’s also just as accurate as its slower-moving counterparts, according to a study published Thursday in the New England Journal of Medicine.

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China's Jemincare nabs $650M biobucks pact with Roche's Genentech for prostate cancer hopeful

After penning a deal with Orion back in May, Jemincare is back at the licensing deal table, inking a development and sales deal with Roche’s Genentech unit that is on the lookout for a new prostate cancer drug after the recent flop of its phase 3 asset ipatasertib.

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CVS, Walmart and Walgreens ordered to pay $650M in Ohio opioid suit, but some providers worry about aftermath

Though the latest judgment is expected to set a precedent for other communities trying to hold pharmacies accountable, some providers worry about the unintended consequences of potential new dispensary restrictions.

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In damage control mode, Perrigo clarifies that it's off the hook in key Zantac case

With its stock price in free fall over fears of upcoming litigation related to Zantac, it’s damage control time for pharma giants GSK, Boehringer Ingelheim, Sanofi and Pfizer as well as a host of generic drugmakers that marketed the heartburn medicine.

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Back to basics: High-tech blood pressure monitors don't outperform standard cuffs, study finds

In a rare exception to the usual rules of technological advancement, a new study published this week in JAMA Internal Medicine has found that high-tech bells and whistles haven’t contributed to any major improvement in clinical outcomes for at-home blood pressure monitors.

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Bayer parts ways with Exscientia, leaving one target in AI drug hunter's hands

Bayer and Exscientia are parting ways on an artificial intelligence collaboration that saw the pair work together to find cardiovascular and oncology targets. Exscientia revealed the end of the collaboration in a second-quarter earnings report issued after-market Wednesday. The U.K.-based AI company will retain the option to develop one of the two targets that were being worked on.

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National Resilience, hot off $625M raise, bolsters Rolodex with Mayo Clinic biomanufacturing tie-up

National Resilience is teaming up on biomanufacturing with Mayo Clinic to crank out new drugs for complex and rare diseases. The partners will home in specifically on biologics derived from sources like cells, blood, enzymes, tissues, genes or genetically engineered cells.

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CDC plans overhaul to public health efforts in response to monkeypox, COVID-19 criticism

CDC announced an overhaul to agency operations to better respond to public health emergencies, including reexamining the communications efforts and eliminating conflicting guidance.

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Curis gets FDA green light to restart lymphoma trial, though partial hold on leukemia study stays in place

The FDA has greenlit Curis' phase 1/2 lymphoma trial, lifting a partial clinical hold on the study assessing emavusertib. Yet, a partial hold remains for the biotech’s leukemia trial evaluating the same drug.

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