Moderna lays off part of manufacturing team

Today’s Big News

Mar 1, 2024

After PhRMA loss, AstraZeneca's challenge to IRA price negotiations is rejected


Moderna lays off parts of manufacturing team after resizing COVID footprint


After COVID decline, Pfizer builds out cancer pipeline and leans into ADCs


Boston Scientific claims first US approval for drug-coated coronary balloon


With Sanofi left as the lone supplier of tetanus shots in the US, CDC warns of shortage

 

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After PhRMA loss, AstraZeneca's challenge to IRA price negotiations is rejected

Less than three weeks after a Texas judge tossed a lawsuit by industry lobbying group PhRMA which challenged the constitutionality of the Inflation Reduction Act, a federal court in Delaware has done the same with a similar action brought by AstraZeneca.
 

Top Stories

After COVID decline, Pfizer builds out cancer pipeline and leans into ADCs

After investing heavily in COVID-19 over the last few years, Pfizer is pivoting to zoom in on cancer, with a laser focus on next-gen antibody-drug conjugates, small molecules and bispecific antibodies.

Moderna lays off parts of manufacturing team after resizing COVID footprint

Moderna is laying off some employees within its manufacturing unit after shaving COVID production costs. The company previously disclosed plans to rightsize its COVID vaccine production footprint.

Boston Scientific claims first US approval for drug-coated coronary balloon

Boston Scientific has received FDA approval for its Agent drug-coated balloon sized to fit within blocked or constricted coronary arteries, nearly a decade after it made its European debut.

With Sanofi left as the lone supplier of tetanus shots in the US, CDC warns of shortage

It’s time to add another vaccine to the shortage list in the United States as the CDC has urged healthcare providers to conserve their supply of tetanus shots. The warning from the national public health agency comes after one of the two providers of tetanus shots in the U.S., MassBiologics, discontinued production of its tetanus and diphtheria vaccine.

FogPharma clears $145M series E thanks to Alexis Borisy, ex-J&J CEO Alex Gorsky

We all aspire to have a boss who will just give you money for your next endeavor. Mathai Mammen, M.D., Ph.D., happens to have just that. J&J’s former pharma R&D chief, now the CEO of FogPharma, has brought on former J&J CEO Alex Gorsky as an investor in the company’s $145 million series E.

Philips, Siemens, GE HealthCare roll out new hardware at European radiology meeting

Artificial intelligence is once again the name of the game, this time at the annual meeting of the European Congress of Radiology being held in Vienna, Austria.

Ahead of strategy reveal, Bayer taps activist investor Jeffrey Ubben for board seat

The company's supervisory board proposed the appointments of activist investor Jeffrey Ubben, legal expert Lori Schecter and biotech leader Nancy Simonian, M.D. Bayer also swapped in a new head of its consumer health division.

After pair of failures, PTC finds a path through FDA jungle for Friedreich ataxia med

PTC Therapeutics has managed to slash through the regulatory jungle to find a path forward for Friedreich ataxia med vatiquinone after a pair of failures last year left the biotech reeling.

Protein parser Alamar Biosciences collects $128M to fund analyzer launch

The series C round, led by Sands Capital, includes an initial closing of $100 million, with the remaining $28 million expected to come in the next month, the company said.

Karuna ‘vigorously’ denies wrongdoing in shareholder lawsuit over BMS deal disclosures

Karuna Therapeutics is “vigorously” denying any deficiencies with a proxy statement filed last month that has become the focus of a shareholder lawsuit, though the biotech is producing supplemental information to address several of the allegations raised.
 
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CAR-T boxed warnings: What comes next?

The FDA recently asked the six marketed CAR-T therapies to add a new boxed warning item on their labels to reflect the risk of secondary T-cell cancers. This week on "The Top Line," Fierce Pharma’s Angus Liu talks with regulatory experts to understand the rationale behind the FDA’s decision and to discuss its implications for CAR-T candidates and their developers down the line.
 

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CNS Market Outlook, 2024

This paper assesses the current state of the broad CNS market, reviewing key expectations for 2024. It addresses Alzheimer’s disease, biomarkers, and advances in psychiatry in detail. It also provides a high-level look at the pain market and the evolving regulatory environment.

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The Oncology Market – 2023 Year in Review

This paper offers a detailed review of key events and developments in the oncology market during 2023.  It’s a helpful “status report” that informs how the market is likely to evolve in 2024. It covers, vaccines, radiopharmaceuticals, ADCs, CAR-Ts, bi-specifics, & more.

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Developing and Manufacturing Drugs with HPAPIs

Discover how to effectively classify highly potent APIs and the steps required to develop containment protocols and manufacturing processes that are both safe and efficient.

 

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