Healthcare gains 60K new jobs in September

Today's Big News

Oct 7, 2022

Biogen is reportedly homing in on a pick for its next CEO

In a first, Allogene starts pivotal off-the-shelf CAR-T trial

Healthcare adds 60K new jobs in September, matching pre-pandemic levels

NovaSight spots FDA nod for digital lazy eye treatment

Pfizer, BioNTech enlist Marvel's Avengers in COVID booster push

 

Featured

J&J research vet Mammen a top contender in Biogen's hunt for a new CEO: Stat

There are rumblings of a leadership sea change at Biogen, which Stat News reports is strongly considering Theravance co-founder and former J&J R&D head Mathai Mammen, M.D., Ph.D., in its hunt for a new CEO.
 

Top Stories

Allogene gets green light for pivotal CAR-T trial, starts industry’s first off-the-shelf phase 2

The allogeneic CAR-T cell therapy space is set for its biggest test yet. After ironing out the protocol with the FDA, Allogene Therapeutics has kicked off the first phase 2 clinical trial of an off-the-shelf candidate, setting it up to show how its CD19-directed prospect fares in a potentially pivotal study.

September's strong jobs gain brings healthcare back to pre-pandemic employment, federal data shows

The industry added 60,100 jobs last month with hospitals and ambulatory care picking up about 28,000 each. However, the "pleasant surprise" is tempered by slower growth among nursing and residential care facilities as well as economywide dips in unemployment and labor force participation.

NovaSight spots FDA nod for digital treatment for lazy eye in children

NovaSight has scoped out a new, fully digital approach that may be just as effective as wearing an eye patch in treating children—without the discomfort and self-esteem issues that have been linked to wearing eye patches for long periods of time.

Pfizer, BioNTech enlist Marvel's Avengers in latest COVID-19 vaccine booster push

Just like how the Avengers have repeatedly kept the world safe from Ultron, people need to protect themselves by updating COVID-19 vaccination with the latest booster. That’s the message Pfizer and BioNTech are trying to get across in a new comic book partnered with Marvel.

BioMarin lays off 120 employees to save $50M a year, with US operations hardest hit

When it comes to the current wave of layoffs, smaller biotechs have been disproportionately affected. But even some large drugmakers have been looking to lower their headcount, and now BioMarin is saying goodbye to 120 employees.

Mark Cuban Cost Plus Drug Company announces first health plan partner, Capital Blue Cross

This month, the PA-based plan and Mark Cuban's drug company will begin to let members and community organizations know about their collaboration and how they can access low-cost drugs. Members will be able to use their insurance cards at the pharmacy in 2023.

Hyperfine finds new CEO in board member Sainz after previous head’s abrupt exit

Three months after Dave Scott announced his sudden departure from the helm of Hyperfine—after he’d spent just one year in the position—the portable MRI machine maker has found a new leader.

Nektar's plans to buy PureTech confirmed, offering potential lifeline for the former BMS partner

Salvation may be on the horizon for Nektar Therapeutics, months after persistent clinical losses resulted in the end of its multi-billion-dollar deal with Bristol Myers Squibb and significant layoffs.

Amid low vaccine demand, Novavax pulls out of Fujifilm manufacturing deal and inks $185M settlement

Amid low demand for its latecomer COVID-19 vaccine, Novavax will pay Fujifilm up to $185 million in quarterly payments to end a supply deal.

PharmaCyte forced to think outside the box as CEO departs amid ongoing clinical hold

Long-time PharmaCyte CEO Kenneth Waggoner has departed the biotech, leaving amid a cost freeze on all programs and an ongoing clinical hold on its “Cell-in-a-Box” technology.

Quick retina scans may be AI’s key to predicting heart disease, study says

In under a minute, an artificial intelligence program can take a picture of the back of a person’s eye and—by analyzing the strength of the blood vessels that feed the retina—find clues that may point to higher risks of a stroke or heart attack.

CommonSpirit Health IT security incident continues to impact facilities in multiple regions

CommonSpirit Health is managing an IT security incident affecting some of its facilities in multiple regions including Nebraska, Tennessee and Washington state. The number of facilities affected is still undisclosed as is the security of patient data following the incident which reportedly began Monday.

'The Top Line': Will Eisai's Alzheimer's med lecanemab sway the CMS, how Pfizer is upping its DTC ad push for its COVID shots

This week on "The Top Line," we talk about trial results for Eisai and Biogen's Alzheimer’s drug, which were surprisingly good, and we dig into what comes next. We also discuss how Pfizer is ramping up its DTC ad campaign for its COVID shots, most recently spending big on a booster ad for the NFL season.
 
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'The Top Line': Will Eisai's Alzheimer's med lecanemab sway the CMS, how Pfizer is upping its DTC ad push for its COVID shots

This week on "The Top Line," we talk about trial results for Eisai and Biogen's Alzheimer’s drug, which were surprisingly good, and we dig into what comes next. We also discuss how Pfizer is ramping up its DTC ad campaign for its COVID shots, most recently spending big on a booster ad for the NFL season.
 

Resources

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