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Move beyond a single set of forecast numbers and embrace uncertainty in healthcare forecasting: IQVIA’s Forecast Horizon is enabling pharma to broaden their analysis and drive deeper insights. Learn more.
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Today's Big NewsOct 6, 2022 |
Nearing a ‘watershed’ year, biosimilar industry gets a boost from Inflation Reduction Act Lilly inks $425M biobuck drug discovery pact with Schrödinger House lawmakers seek to limit CMS’ drug coverage authority after Aduhelm decision Abbott’s FreeStyle Libre cuts HbA1c in UK study Merck KGaA says it’ll consider ‘larger-scale’ acquisitions from 2023 onward |
| By Kevin Dunleavy A new provision in the recently signed Inflation Reduction Act should help spark the uptake of biosimilars. And considering the timing, it’s especially good news for the biosimilars industry as it readies for its most important test with the launch next year of several Humira copycats. The new IRA measure establishes an 8% add-on fee that Medicare Part B will pay (PDF) healthcare providers for qualifying biosimilars, replacing the previous 6% markup. |
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By Nick Paul Taylor Eli Lilly has joined Schrödinger’s growing stable of drug development partners, putting up $425 million in milestones to access small-molecule candidates against an undisclosed target. |
By Robert King New bipartisan legislation seeks to curb CMS' drug coverage determinations in response to the agency's controversial decision on the Alzheimer's disease drug Aduhelm. |
By Conor Hale People with Type 1 diabetes were able to better control their blood sugar and reduce their HbA1c levels after six months, according to a study published in The New England Journal of Medicine. |
By Zoey Becker Merck KGaA has been investing heavily in its biopharma business as part of an effort to grow to 25 billion euros in global revenues by 2025. Starting next year, its expansion campaign could include M&A. |
By Max Bayer Cyclerion is shifting its clinical gears once more, divesting from targets in the central nervous system to focus instead on mitochondria-focused diseases. The pivot is resulting in layoffs for 45% of the workforce. |
By Conor Hale That amounts to five hits from the collaboration so far, with the latest additions aimed at chronic kidney disease and idiopathic pulmonary fibrosis. |
By Dave Muoio The nonprofit health system has been under fire for seeking payments from low-income patients who qualify for charity care. A representative recently told the New York Times that the charges were an "unintended error" and that refunds had been planned for months. |
By Sharon Klahr Coey AstraZeneca has imagined a swarm of annoying anthropomorphized eosinophils, a type of white blood cell which causes airway inflammation and asthma symptoms, mucking around and ruining everything in their path. |
By Nick Paul Taylor TauRx Pharmaceuticals is set to test the regulatory bar for approval of Alzheimer’s disease drugs in the post-Aduhelm world. The company was unable to show how its drug candidate performed compared to the control arm in a phase 3 clinical trial—but it plans to use the dataset to seek approval anyway. |
By Paige Minemyer A federal judge ruled late last week that Elevance Health must face a lawsuit that the federal government filed that alleges the insurer submitted inaccurate diagnostic data to juice its reimbursement in Medicare Advantage. |
By Gabrielle Masson Boehringer Ingelheim has its eyes on Surrozen, paying the California biotech $12.5 million cash for its preclinical asset designed to help regenerate healthy eye and potentially reverse retinal disease. |
By Fraiser Kansteiner The FDA blessed Eli Lilly's tirzepatide with a fast track designation as the company pursues an approval in obesity. The decision puts pressure on Novo Nordisk, whose own weight loss arriviste Wegovy largely has the obesity market to itself for now. |
Fierce podcastsDon't miss an episode |
| | This week on "Podnosis," we talk about how how frequent cyberattacks are impacting patient care and what hospitals and health systems can do to shore up their defenses. Also under discussion is how social drivers of health are finally being recognized by the CMS. |
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