| Today's Big NewsMar 17, 2023 |
| By Zoey Becker After a late January round of layoffs affecting 300, Amgen axed another 450 jobs citing drug pressure and inflation. The cuts come after an investor lawsuit alleging the company hid a massive $10.7 billion tax bill from its investors. |
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By Max Bayer A year after ARPA-H was unveiled, the agency is finally set to take off. But a critical question remains unanswered: What research will the agency invest in? |
By Andrea Park Health tech investors and companies shopping for a new M&A target this year may want to check out the produce section. |
By Kevin Dunleavy In a span of less than three weeks, Eli Lilly, Novo Nordisk and Sanofi have announced price cuts of their insulins in the U.S. Sanofi was the latest to fall in line, saying Thursday that it would slash the price of its most popular insulin, Lantus, by 78% and capping the out-of-pocket cost at $35 per month for all patients with commercial insurance. |
By Nick Paul Taylor A sudden change of heart at the FDA has sunk Sarepta’s stock. Two weeks after saying the FDA would assess its gene therapy without an advisory committee meeting, Sarepta has revealed the agency will now convene experts to dig into the data on its Duchenne muscular dystrophy (DMD) submission. |
By Andrea Park Heart monitor maker iRhythm is marching to a new beat. |
By James Waldron Acer Therapeutics’ ambitions for menopause drug osanetant have hit a roadblock after the candidate failed to reduce hot flashes in a mid-stage trial, missing the primary endpoint. The news comes at a bad time as the biotech hunts for cash to keep operations going. |
By Angus Liu Astellas and Pfizer's Xtandi has been selling for over a decade, and the blockbuster androgen receptor inhibitor is still learning a new trick. |
By Max Bayer Gossamer bio took a few steps forward in December when a high blood pressure med passed a phase 2 trial. But now, the biotech is taking a couple of steps back with news that enrollment is being paused for its second clinical-stage asset due in part to the med’s risk-benefit profile. |
Fierce podcastsDon't miss an episode |
| This week on "The Top Line," we discuss the SVB failure, what to expect next and what it all meant for the biotech industry. We also cover Pfizer's big acquisition, insulin prices and more of this week's top headlines. |
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Tuesday, March 21, 2023 | 11am ET / 8am PT Today’s clinical trials are longer and more complex than ever. Sponsors, sites, and patients need technology that is practical, easy to use, and strengthens studies’ scientific integrity. This webinar will explore how approaches from B2B and consumer technologies can be leveraged to streamline processes, deliver quality outcomes data, and more. Register now.
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