Plus our top stories of the week

This Week

Dec 6, 2024

Bristol Myers Squibb hands pink slips to 195 workers in New Jersey as cost-cutting effort rolls on


Kronos to lay off 83% of workforce, change CEOs after mothballing lone clinical asset


Trump selects surgeon and author Martin Makary for FDA commissioner post


Trump picks Jay Bhattacharya, Stanford economist and pandemic policy critic, as NIH director


FDA considers 'regulatory action' for bluebird's Skysona after blood cancer reports


Roche inks $1.5B Poseida buyout, betting off-the-shelf CAR-Ts will democratize access to cell therapies

 

Featured

Bristol Myers Squibb hands pink slips to 195 workers in New Jersey as cost-cutting effort rolls on

Bristol Myers Squibb has executed another round of layoffs in its ongoing cost-savings push. The company has handed pink slips to 195 more employees, according to a New Jersey Worker Adjustment and Retraining Notification update.
 

Top Stories

Kronos to lay off 83% of workforce, change CEOs after mothballing lone clinical asset

Kronos will lay off some 83% of its workforce by the end of the year as it continues to explore options to stay afloat, including “possible business combinations” or the divesture of remaining preclinical assets. Additionally, the company's CEO, Norbert Bischofberger, Ph.D., is stepping down from his post on Dec. 3.

Trump selects surgeon and author Martin Makary for FDA commissioner post

President-elect Donald Trump has named Johns Hopkins surgeon and author Martin Makary, M.D., as his choice for FDA commissioner during his upcoming term.

Trump picks Jay Bhattacharya, Stanford economist and pandemic policy critic, as NIH director

President-elect Donald Trump has chosen Stanford University’s Jay Bhattacharya, M.D., Ph.D., to serve as the director of the National Institutes of Health.

FDA considers 'regulatory action' for bluebird's Skysona after blood cancer reports

The FDA is investigating reports of patients developing blood cancer after receiving bluebird bio’s gene therapy Skysona and is evaluating the need for “further regulatory action,” the U.S. agency said last week. The FDA notification came seven weeks after the New England Journal of Medicine (NEJM) published a report that seven of 67 children who received Skysona during clinical trials had developed blood cancer.

Roche inks $1.5B Poseida buyout, betting off-the-shelf CAR-Ts will democratize access to cell therapies

Roche has struck a $1.5 billion deal to buy Poseida Therapeutics. The takeover will establish off-the-shelf cell therapies, which Roche has said can democratize CAR-Ts, as a new core capability at the drugmaker.

Race is on for oral obesity drugs with multiple phase 3 trials vying for next-gen status in a $126B market

Unless you have been living under a rock, you’ll know that anti-obesity GLP-1 drugs are the next big thing in pharma, with megablockbuster sales in a market that could be worth $126 billion by 2030 just on the horizon.

Novocure's tumor treating electric fields clear phase 3 pancreatic cancer trial

The company’s wearable therapy improved overall survival as part of a first-line regimen for patients with inoperable pancreatic adenocarcinoma, one of the most lethal cancers.

India's Lupin recalls more than 600K bottles of blood pressure med over questionable API source

Indian drugmaker Lupin is recalling more than 600,000 bottles of the high blood pressure and heart failure drug ramipril due to the presence of an active pharmaceutical ingredient (API) that came from an unapproved vendor.

mRNA therapy reduced scar tissue in rabbits with post-surgery eye condition

Proliferative vitreoretinopathy is an eye condition that leads to blindness and can currently only be addressed with surgery. A team led by research hospital Massachusetts Eye and Ear and German biotech CureVac has designed an mRNA therapy that delivered a therapeutic gene transcript to the eyes of rabbits with the disease, reducing the harmful excess of scar tissue that is characteristic of the condition.
 
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NCQA: Best practices for measuring health inequities

This week on "Podnosis," Rachel Harrington, Ph.D., AVP of health equity sciences at NCQA, discusses advancing health equity, data challenges and 2025 updates to HEDIS measures.
 

Resources

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Emerging Compliance Monitoring Trends in Life Sciences

Explore the latest trends in compliance monitoring to help your team embrace proactive strategies in key areas of risk management. Stay ahead of the ever-evolving landscape and new policies to enhance your compliance program.
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Straight to Market in an Autoinjector

The use of prefilled syringes to administer biotherapeutics is beginning to gain traction because they offer a range of stability, efficacy, and patient safety benefits. Download this white paper to learn how Lonza has developed a novel workflow to ensure confidence regarding functionality in PFS and autoinjectors.
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7 “Make or Break” Factors for Emerging Biopharma Companies

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Single Cell RNA Profiling FFPE Tissue

Explore the robust cross-platform agreement between scRNA-seq and bulk RNA-seq, ensuring consistent and reproducible data on immune cell presence.
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Planning for success in cell-based manufacturing

Learn how to evaluate quality documentation to help you select the right raw materials at early decision points for your cell-based manufacturing processes.
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Building a “Best Practice” R&D Organization in Biopharma

We interviewed 14 R&D biopharma leaders on the critical success factors for building a Best Practice R&D organization. This report shares what we learned.
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Industry Insights: What to Expect from a 3PL

Selecting a 3PL with a proven track record of delivering high-quality services is critical to a successful pharma supply chain. Here's how.

 

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On Helix

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

 

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