Dexcom launches OTC glucose monitor

Today’s Big News

Aug 26, 2024

Preclinical gene editor Tome is laying off 131 staffers, virtually its entire workforce


J&J's attempt to tweak 340B policy for Stelara, Xarelto denounced by HHS


Dexcom's Stelo, its first over-the-counter glucose monitor, hits the market


Galapagos investor signals intent to influence company's control, argues the biotech is 'deeply undervalued'


Siemens Healthineers to acquire Novartis’ European radiodiagnostic manufacturing network

 

Featured

Preclinical gene editor Tome is laying off 131 staffers, virtually its entire workforce

Just days after gene editor Tome Biosciences announced undisclosed operational cuts, a clearer picture is coming into focus as 131 employees are being laid off.
 

Top Stories

J&J's move to tweak 340B policy for Stelara, Xarelto denounced by HHS

The new rebate model would require eligible hospitals to submit rebate claims after paying full price for the drugs, as opposed to upfront discounts.

Dexcom's Stelo, its first over-the-counter glucose monitor, hits the market

After getting the green light from the FDA back in March, Dexcom today launched its first over-the-counter wearable continuous glucose biosensor, Stelo, in the U.S. market.

Galapagos investor signals intent to influence company's control, argues the biotech is 'deeply undervalued'

Galapagos is coming under additional pressure from investors. Having built a 9.9% stake in Galapagos, EcoR1 Capital is now planning to talk to the Belgian biotech about its performance and the composition of its board.

Siemens Healthineers to acquire Novartis' European radiodiagnostic manufacturing network

Siemens Healthineers aims to grow its PET imaging business by picking up the radiodiagnostic manufacturing and distribution network of Novartis’ Advanced Accelerator Applications division.

After FDA rejection, Regeneron gains nod in Europe for T-cell engager odronextamab

Five months after the FDA rejected Regeneron’s bid for accelerated approval of its T-cell engager odronextamab because of the immaturity of its confirmatory trial, the European Union has signed off on the treatment for two types of blood cancers. The European Commission also approved SIFI's first-of-its-kind Akantior for a rare corneal infection disorder.

MBX files for IPO, seeking cash to take challenger to Ascendis' Yorvipath into phase 3

MBX Biosciences has added to the recent flurry of IPO filings. The biotech, which filed its paperwork weeks after raising $63.5 million privately, is seeking funding to take a would-be challenger to Ascendis Pharma’s rare endocrine disease drug Yorvipath into phase 3 development.

American Optometric Association campaign touts ‘the world’s most sophisticated tech’: the human eye

A new initiative from the American Optometric Association places the advanced capabilities of the eye on par with those of other highly coveted gadgets, with a goal of educating the public about the power of the eye and encouraging them to prioritize their eye health at least as much as they do their screen time.

Lykos' woes mount as FDA expands probe into its MDMA-based research: WSJ

For Lykos Therapeutics and the company’s would-be MDMA-assisted therapy for post-traumatic stress disorder (PTSD), the hits just keep coming. Earlier this month, Lykos was hit by an FDA rejection, research paper retractions and layoffs. Now, the FDA is looking into studies sponsored by the company, The Wall Street Journal reports.

Getinge enters transplant market, buying organ transport specialist Paragonix for $477M

Paragonix uses temperature- and pressure-controlled containers to transport heart and lung tissue without causing excess cellular damage, a major upgrade over the traditional ice-filled cooler.

UCB sells off production plant and a clutch of older meds in China for $680M

Belgium’s UCB is selling off its mature neurology and allergy business—plus a manufacturing plant—in mainland China. The deal will see local healthcare asset manager CBC Group and Abu Dhabi-based investment firm Mubadala pay UCB $680 million.
 
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Launching a Product in Europe: Understanding Supply Chain Cost Drivers

This paper explores the costs of setting up a supply chain in Europe for a new biopharma therapy. It outlines key cost drivers & the various levers decision makers can use to affect those costs.
 

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

 

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