| Today's Big NewsOct 19, 2022 |
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Greater Philadelphia offers bioscience companies space to develop in close proximity to its world-class University City research center and global airport. From production to R&D, learn how the region can be your launchpad for growth and expansion.
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| By Angus Liu In perhaps the most indirect way, Johnson & Johnson is warning about layoffs ahead. As the company is about to bid farewell to consumer health, it's looking at the opportunity to "rightsize" the infrastructure, CFO Joe Wolk said. |
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By Andrea Park President Joe Biden may have declared the COVID-19 pandemic “over” in the U.S., but that news doesn’t appear to have reached the makers of diagnostic tests for the virus. |
By Dave Muoio Kaiser Permanente's Northern California mental health workers have been off the job since Aug. 15. Hawaiian psychologists, psychiatric nurses and other mental health workers are not included in the tentative deal and remain on strike, a union spokesperson said. |
By Nick Paul Taylor Jazz Pharmaceuticals has thrown its hat into the HER2 ring. For $50 million, the company has secured the chance to pay a further $325 million to take Zymeworks’ HER2-directed bispecific antibody forward after the release of pivotal data. |
By Kevin Dunleavy Merck KGaA’s problems in France over its thyroid drug Levothyrox aren’t going away. Seven months after France’s highest court confirmed an earlier civil court ruling that ordered the Germany-based company to compensate users who suffered problems from Levothyrox, the case has advanced at the judicial level. On Tuesday, a judge in Marseille opened a formal probe to determine if the company provided misleading information when switching the formulation of Levothyrox. |
By Annie Burky Providers are leveraging the power of virtual care and the social insights of population health frameworks and social determinants of health to create care strategies for underserved populations. Similar to the pandemic-era move to population-specific behavioral care with teletherapy platforms, Cityblock, Spora and Zócalo Health are taking a holistic look at patients, while Acclinate's subsidiary NowIncluded works to create unbiased data and care. |
By Max Bayer With $20 million on hand and the second part of a potentially registrational phase 2/3 study just getting underway, Ayala was facing a potential cash crunch. But Advaxis may have solved its problems—in return for the hope of a return to the Nasdaq. |
By Andrea Park Just a few weeks after racking up its fifth Class I recall from the FDA this year, Philips has hit the half-dozen mark. |
By James Waldron The FDA has pumped the brakes on PTC Therapeutics’ Huntington's disease trial in the U.S. even as the studies kick into gear in other countries. |
By Paige Minemyer The company released its quarterly earnings report on Wednesday morning. Profits were up 7.2% from the prior-year quarter, where Elevance Health posted $1.5 billion. |
By James Waldron Ambrx has been mulling major changes since August. Now it has confirmed what form these will take: narrowing its cancer pipeline to earlier-stage therapies and dumping its lead asset at the expense of 15% of its workforce. |
By Fraiser Kansteiner As GSK looks to cement its vaccine dynasty over the coming years, the company continues to polish its “crown jewel” Shingrix. Now, a fresh batch of long-term data suggests the shot’s protective luster lasts at least a decade. |
By Conor Hale That includes green lights for minimally invasive procedures in general surgery, urology and gynecology that the medtech giant estimates currently account for more than 80% of robotic-assisted surgeries worldwide. |
Fierce podcastsDon't miss an episode |
| This week on "The Top Line," we talk about our latest analysis on the world’s most productive biopharmas. We also discuss Biogen's tumultuous year and who it is considering for a new CEO. |
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Wednesday, October 26, 2022 | 1pm ET / 10am PT In this webinar, we’ll explore how incorporating telehealth genetic screening into clinical trials can accelerate patient identification, recruitment and engagement. Register now.
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