Lilly set to overtake Novo in obesity market

Today’s Big News

Jan 2, 2025

Pfizer cuts losses on near-approval hemophilia gene therapy, adding to troubled Sangamo's woes


After phase 3 setbacks, troubled Marinus inks $151M sale to Immedica Pharma 


Lilly’s Zepbound expected to surpass Novo’s Wegovy to ‘dominate’ obesity market: GlobalData


Abbott, Dexcom agree to 10-year truce over diabetes sensor patent litigation


After delay with FDA, Novartis touts pivotal trial win for intrathecal Zolgensma in older SMA patients

 

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Pfizer cuts losses on near-approval hemophilia gene therapy, adding to troubled Sangamo's woes

Pfizer gave Sangamo Therapeutics coal for Christmas, terminating a hemophilia A gene therapy pact to deprive the cash-strapped biotech of up to $220 million in milestones.
 

Top Stories

After phase 3 setbacks, troubled Marinus inks $151M sale to Immedica Pharma

The buyout spells the end of Marinus' review of strategic alternatives following two key phase 3 misses and scrapped expansion efforts for its approved seizure med Ztalmy.

Lilly’s Zepbound expected to surpass Novo’s Wegovy to ‘dominate’ obesity market: GlobalData

Since Zepbound was approved by the FDA to treat obesity in late 2023, its maker Eli Lilly has been steadily closing in on Novo Nordisk’s early lead in the obesity market.

Abbott, Dexcom agree to 10-year truce over diabetes sensor patent litigation

Abbott and Dexcom have agreed to settle all of their remaining international legal disputes over patents related to their continuous glucose monitors for people with diabetes.

After delay with FDA, Novartis touts pivotal trial win for intrathecal Zolgensma in older SMA patients

More than three years after Novartis’ plan for a speedy approval for its intrathecal Zolgensma was thwarted by an FDA requirement for a phase 3 trial, the company is back with a positive readout from that study, which could give the gene therapy a much-needed boost.

2024 drug approvals: Small companies loom large with several key FDA nods

Each year, many scientists and other experts working in the biopharma industry see years of their work culminate in FDA approvals. In 2024, the FDA gave a thumbs-up to more than xx new treatments, which was down from 60-plus new drugs in 2023.

BeiGene, Brii and Ideaya ring in 2025 with deal news, betting billions in biobucks on prospects

Dealmakers at BeiGene, Brii Biosciences and Ideaya Biosciences had a busy end to the year, sharing news of agreements for antibody-drug conjugates and other assets in the final few days of 2024.

Pfizer, BMS and more ring in 2025 with fresh round of drug price increases: report

Drugmakers plan to raise U.S. list prices on some 250 branded drugs beginning this month, Reuters reports, citing data from healthcare research firm 3 Axis Advisors. Notable medicines subject to price increases include Pfizer’s COVID-19 drug Paxlovid, Bristol Myers Squibb’s CAR-T therapies Abecma and Breyanzi and a clutch of vaccines from Sanofi.

Roche returns to Innovent Biologics with new $1B biobucks ADC drug deal

Roche is wasting no time in getting out its checkbook in 2025, signing a new biobucks-heavy pact that aims to add another new antibody-drug conjugate asset to its pipeline.

Currax's first Contrave TV ad claims 'Cravings Don't Own Me' complete with classic song parody

Currax Pharmaceuticals is kicking off the new year with a new direct-to-consumer campaign for its weight loss medication Contrave.

Neumora stumbles at start of phase 3 depression readout run, sending stock down 80%

Neumora Therapeutics’ big bet on a new era of neuroscience has delivered an age-old result. The first of three late-stage readouts on Neumora’s lead drug candidate has ended in failure, wiping more than 80% off the value of the biotech.

Regulatory tracker: Merck's blockbuster hopeful Winrevair snags PAH approval in UK

In this tracker, Fierce Pharma is recording the regulatory progress of in-market products, including expansions into key geographies and new indications. Some of these updates may not meet the bar for standalone stories, but we think they are still worth mentioning.

CARsgen touts phase 2 stomach cancer win for cell therapy, revs up for China submission

CARsgen Therapeutics’ CAR-T improved progression-free survival (PFS) compared to approved therapies for patients with advanced stomach cancer in a phase 2 trial.
 
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'The Top Line': Fierce 50 honorees look ahead: AI, rural health, antibiotic resistance, maternal care and more

This week on "The Top Line," we bring you a special conversation from earlier this month at our New York City gala, where we celebrated this year’s Fierce 50 honorees.

 

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