Nanostring stock unravels after patent verdict loss

Today’s Big News

Nov 21, 2023

With filing in Sanofi and Mylan insulin lawsuit, FTC amps up scrutiny on pharma's patent tactics 


BeiGene stakes out space in hot cancer niche, offering up $1.3B in biobucks for preclinical prospect 


NanoString stock unravels after losing $31M patent verdict to 10x Genomics


GSK aims to slash carbon emissions with next-generation inhaler 


MorphoSys, after saying AbbVie 'failed,' defends own mixed blood cancer data, plots approval filings 


FDA broadens warnings over recalled Cardinal Health syringes 


Moderna loses a COVID vaccine patent in Europe amid heated clash with BioNTech, Pfizer

 

Featured

With filing in Sanofi and Mylan insulin lawsuit, FTC amps up scrutiny on pharma's patent tactics

The U.S. Federal Trade Commission isn't letting up in its effort to crack down on pharma's alleged misuse of a patent mechanism in the FDA's regulatory process. And it's Sanofi’s turn to land in the crosshairs.
 

Top Stories

BeiGene stakes out space in hot cancer niche, offering up $1.3B in biobucks for preclinical prospect

BeiGene is buying its way into a cancer niche targeted by Bayer, Blueprint Medicines, Incyte and Pfizer, striking a backloaded, $1.33 billion deal for a global license to Ensem Therapeutics’ CDK2 inhibitor.

NanoString stock unravels after losing $31M patent verdict to 10x Genomics

10x Genomics said it plans to seek an injunction that would halt the sales of NanoString's spatial biology products, which make up a majority of the company's revenues. NanoString plans to appeal.

GSK aims to slash carbon emissions with next-generation inhaler

GSK plans to start late-stage trials of a low-carbon version of its metered dose inhaler (MDI) Ventolin utilizing a next-generation propellant in 2024. If the new product proves successful, it has the potential to slash greenhouse gas emissions from Ventolin use by roughly 90%.

MorphoSys, after saying AbbVie 'failed,' defends own mixed blood cancer data, plots approval filings

Jean-Paul Kress’ words are coming back to haunt him. The MorphoSys CEO has said AbbVie “failed” its phase 3 myelofibrosis trial because the Big Pharma missed one of two endpoints and stated regulators want to see hits on both measures. Now, Kress is defending MorphoSys’ similarly mixed data on its $1.7 billion rival.

FDA broadens warnings over recalled Cardinal Health syringes

Just a week after issuing a notice giving its most serious rating to Cardinal Health’s recall of certain syringes, the FDA has put out a letter to healthcare providers warning that the recall may not go far enough.

Moderna loses a COVID vaccine patent in Europe amid heated clash with BioNTech, Pfizer

Moderna pledged to appeal after the European Patent Office ruled one of its patents invalid in the intellectual property battle that spans multiple countries.

Merck seals $610M biobucks deal to acquire preclinical neurodegenerative biotech Caraway

Merck & Co. has made no secret of its ongoing hunt for acquisitions, and, now, the Big Pharma is rounding off the year by swelling its preclinical pipeline with a selection of programs aimed Parkinson’s disease and beyond.

Texas accuses Pfizer and contract manufacturer of providing ineffective ADHD drug to state's Medicaid program

In its lawsuit, Texas says the companies knew that deficient manufacturing processes compromised the effectiveness of Quillivant XR. The lawsuit further accuses the companies of manipulating quality-control testing from 2012 to 2018 to ensure samples received passing grades.

Medtronic nets twin European cardiac arrhythmia approvals, in pulsed field and cryoablation

Medtronic has secured not one but two new European approvals for its cardiac ablation devices to treat irregular heartbeats, while also delivering its second-quarter earnings results.

Teva granted pretrial appeal in high-stakes Copaxone kickbacks case

With the high-stakes trial now on pause, the U.S. First Circuit Court of Appeals will review a prior ruling that determines how the case can play out.

Enanta halts work on joint hMPV-RSV drug to extend runway into 2027

While a COVID-19 patent battle with Pfizer rumbles on, Enanta Pharmaceuticals has hit pause on development of a dual inhibitor for human metapneumovirus and respiratory syncytial virus in an effort to pave a cash runway into 2027.

ViCentra links insulin pump with Dexcom, Diabeloop tech to launch closed-loop diabetes system in Europe

The artificial pancreas system will begin its European launch this year in France and the Netherlands—the home countries of Diabeloop and ViCentra, respectively—and in Germany, before expanding further across the continent in 2024, to countries including the U.K. and Italy.
 
Fierce podcasts

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Alzheimer’s breakthroughs, Leqembi’s potential and what’s next

This episode of "The Top Line" is dedicated to Alzheimer’s disease, spotlighting the latest treatments and what lies ahead. Fierce Pharma's Fraiser Kansteiner discusses Leqembi's full approval with Eisai's Alexander Scott. Annalee Armstrong from Fierce Biotech interviews Alzheimer's expert Howard Fillit, M.D., exploring groundbreaking research. Fierce Pharma’s Eric Sagonowsky speaks with Reisa Sperling, M.D., about Leqembi's potential in preventing Alzheimer’s progression before symptoms emerge.

 

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