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WELCOME TO FIERCE LIFE SCIENCES WEEKLY DIGEST

To get its COVID-19 vaccine candidate across the FDA’s finish line, Novavax enlisted a pair of industry heavyweights, with a new CFO and VP of quality assurance. The hires come after Novavax delayed its filing to later this year, following a series of manufacturing and supply issues. Meanwhile, Translate Bio was the subject of a $3.2 billion acquisition deal this month from its financial benefactor Sanofi—but the French Big Pharma had been planning to cut back its holdings in the company as recently as April, after spending hundreds of millions on the mRNA player. What changed? Those stories, plus our other top reads of the week, follow below.

Featured Story

Novavax taps Sanofi, Supernus vets amid quest to get its COVID-19 vaccine over the FDA finish line

Novavax's new SVP of quality assurance, Nasir Egal, Ph.D., hails from Sanofi, while Jim Kelly, Novavax’s new chief financial officer and treasurer, comes from Supernus Pharmaceuticals. Novavax will channel the execs’ quality and commercial know-how toward its experimental COVID-19 vaccine, which it plans to file for a U.S. emergency nod in the fourth quarter.

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Top Stories Of The Week

Sanofi wanted to dump Translate Bio in April, but the mRNA biotech prevailed for a $3.2B deal instead

Sanofi was prepared to dump a quarter of its holding in Translate Bio in April—which the mRNA biotech agreed to. So how, exactly, did the French pharma end up buying Translate for $3.2 billion two weeks ago? Under-the-hood details of the deal were revealed in a Securities and Exchange Commission filing disclosed by Translate Monday.

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Lilly, with Alzheimer's in its crosshairs, forms new neuroscience unit, unifies oncology under Loxo exec

Neuroscience has zoomed up the agenda at Eli Lilly as the combination of data on donanemab and the accelerated approval of Biogen’s Aduhelm has opened up an opportunity in Alzheimer’s disease. Lilly has responded by splitting off its late-phase neurodegeneration and pain prospects into a new business unit.

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Merck's Welireg scores FDA nod in cancers spurred by rare disease—and its label is broader than expected

Belzutifan, now sold as Welireg, snared its first FDA approval on Friday for patients with a number of cancers associated with the rare disorder known as von Hippel-Lindau disease. The agency’s decision comes a month ahead of its expected decision date, and its label is broader than what some analysts expected.

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5 years after Pfizer buyout, SEC charges Medivation's former deal-making lead with insider trading

Just days before Pfizer and Medivation unveiled their merger plans in August 2016, Medivation's then-business development lead bought stock options in Incyte Corporation, the SEC says. After news of Pfizer's Medivation buyout broke, Incyte's shares jumped.

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ResMed unveils new sleep apnea machine amid scramble to fill void left by Philips' CPAP recall

After Philips issued a recall in mid-June of nearly two dozen models of its continuous and noncontinuous ventilators, ResMed has eagerly stepped up to fill in the market gap left by Philips’ absence.

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Roche warns of global Actemra shortage as delta variant drives huge spike in demand for COVID-19 patients

Roche's Genentech warned that the "unprecedented" surge in demand for its arthritis drug Actemra, used to treat severely ill COVID-19 patients, has driven a global shortage that could last for months if the pandemic continues at its current pace.

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Surprise FDA rejection halts Sesen Bio's launch in its tracks, putting newly hired sales team in limbo

Last week, Sesen Bio was finalizing label wording with the FDA on its bladder cancer hopeful Vicineum. This week, the CEO is explaining to investors how it will continue going forward after an FDA rejection. The unexpected FDA turn on Vicineum caught Sesen and its followers by surprise—but it’s far from alone lately.

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Bristol Myers' $1.2B discovery pact with Exscientia strikes gold as first drug candidate selected

Exscientia has already found a drug candidate in its $1.2 billion partnership with Bristol Myers Squibb. The Big Pharma will pay the AI-powered drug miner $20 million for the option fee just three months after expanding their collaboration, which included a $50 million upfront payment.

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Novartis-backed Penn study proposes boosting CAR-T responses in CLL by waking up 'war weary' T cells

CAR-T treatments like Novartis’ Kymriah have proven effective in some B-cell-driven cancers, with one notable exception: chronic lymphocytic leukemia. Researchers at the University of Pennsylvania showed in a new study that inhibiting BET proteins can improve CAR-T functioning by reviving exhausted T cells.

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Resources

Guide: Frost & Sullivan Precision Medicine Enabling Technology Guide

Download Frost & Sullivan’s enabling technologies best practices report to learn more about the four core functionalities required in successful precision medicine programs.

eBook: Accelerate recruitment with a decentralized clinical trial strategy

Learn how a decentralized clinical trial strategy improves patient recruitment, reduces drop-out rates, and ultimately streamlines the path to the next trial phase.

Whitepaper: How to build a robust packaging strategy for rapid commercialization

Learn how to build a robust packaging strategy and the key technical considerations in packaging design and operational planning to enable rapid commercialization of pharmaceuticals.

Whitepaper: Understanding the CMC regulatory landscape for cell and gene therapy products

Learn how regulations are changing and key considerations for commercializing cell and gene therapies without sacrificing quality.

Whitepaper: Navigating the Digital Transformation Journey

Uncover the real impact of “digital transformation” with practical advice to help you plan your own transformative journey to a harmonized digital ecosystem.

eBook: Get solutions to market faster

Read Get to Know Cloud Content Management for Life Sciences and learn how to eliminate silos across all workflows, from R&D to commercialization.

Webinar: Age-Appropriate Formulation Development for Pediatric Trials-Challenges and Considerations

Hear industry experts discuss the recent advances, challenges and considerations in pediatric drug development. Real-life examples presented by the experts illustrate the impact of age-appropriate dose forms for pediatrics and highlight insights into the caregiver perspectives.

eBrief: Manufacturing Strategies to Effectively Industrialize Autologous Cell Therapies

Autologous cell therapies have seen propelled growth since 2017, with the spotlight on the first FDA approval of a chimeric antigen receptor (CAR) T cell immunotherapy, Kymriah® (tisagenlecleucel), for the treatment of relapsed/refractory B-cell acute lymphoblastic leukemia.

Content Hub: Remarque Systems Resource Hub

Remarque Systems consolidates data, then layers on visualization and automated metrics to generate consistent, actionable data insights in real-time. Click here for more info.