ResMed's C-suite shuffle follows 5% staff cut

Today’s Big News

Nov 13, 2023

Capturing COVID: Biopharma through the lens during the pandemic


Verve shows base editing works in humans in first clinical data—and is punished by investors


ResMed revamps operating model with C-suite shuffle, bids farewell to COO and CTO


Half a year later, Teva's 'pivot to growth' strategy appears to be bearing fruit 


Novartis pays Legend $100M upfront to give solid tumor CAR-T the T-Charge treatment


FDA clears its first OTC home antigen test for COVID-19. No, really 

 

Featured

Capturing COVID: Biopharma through the lens during the pandemic

A few months ago, Fierce Pharma asked employees working in the biopharma industry to use photographs to tell their stories during the pandemic. Now, we’re showcasing those precious memories here. 
 

Top Stories

Verve shows base editing works in humans in first clinical data—and is punished by investors

Verve Therapeutics has published the first data on an in vivo base editing program in humans, giving the world an early look at the effects of a cholesterol-busting candidate that could become part of Eli Lilly’s stable of heart disease drugs. But investors pummeled the stock amid potential safety concerns.

ResMed revamps operating model with C-suite shuffle, bids farewell to COO and CTO

The C-suite makeover is aimed at emphasizing ResMed’s focus on product development, profitable growth and strengthened branding, according to a company announcement.

Half a year later, Teva's 'pivot to growth' strategy appears to be bearing fruit

In 2023’s third quarter, the Israeli-American generics giant reported global sales of $3.9 billion, up 7% from the same period in 2022. The company credited that growth to the strong momentum behind its branded meds Austedo and Ajovy, plus a “stable and sustainable generics business” in the U.S. that’s also seen “continued growth” in Europe and other international markets.

Novartis pays Legend $100M upfront to give solid tumor CAR-T the T-Charge treatment

Novartis is going to give a solid-tumor-focused cell therapy the T-Charge treatment after paying $100 million upfront to Legend Biosciences for a selection of CAR-T candidates.

FDA clears its first OTC home antigen test for COVID-19. No, really

No, you didn’t set your clocks too far back. This week, the FDA granted its first full, bona fide clearance to an over-the-counter home antigen test for COVID-19, after hundreds of emergency authorizations.

GSK, fresh from Ojjaara approval, allies with ex-"Queer Eye" star to run myelofibrosis education campaign

GSK is building its presence in the myelofibrosis community. Working with interior designer and former "Queer Eye" star Thom Filicia, the Big Pharma is launching the Mapping Myelofibrosis health education initiative to support patients with the blood cancer treated by its recently approved drug Ojjaara.

Selecta fuses with Cartesian in reverse merger, bolstering finances for autoimmune cell therapy goals

Selecta is reverse merging with Cartesian to bolster its cash coffers and add a lifeline in a difficult public market. The focus of the new venture will be Cartesian's cell therapy aimed at autoimmune diseases.

England's NICE recommends hybrid closed-loop systems for Type 1 diabetes, prompting praise from Medtronic, Dexcom

The National Institute for Health and Care Excellence, England's cost-effectiveness watchdog, has finalized a draft guidance regarding hybrid closed-loop systems, concluding that the technology should be made broadly affordable and accessible to people with Type 1 diabetes.

Novo Nordisk says Wegovy can help heart disease patients—and not just because it produces weight loss

Novo Nordisk has made a splash with its GLP-1 drugs that have allowed patients to achieve significant weight loss. Now the Danish company appears on the verge of another breakthrough, showing that the use of its obesity treatment Wegovy can reduce the risk of heart attack. Perhaps even more importantly, Novo said that the cardiovascular benefits gained from Wegovy aren’t due solely to weight loss.

Merck-backed VectorY Therapeutics raises $138M series A to push forward ALS program

VectorY Therapeutics has secured €129 million ($138 million) in a series A financing that will help the Dutch biotech advance its preclinical lead program in ALS.

Elucid collects $80M for AI-powered mapping of blocked arteries

The company’s series C funding round was the first major public outing by Elevage Medical Technologies, a medtech-focused fund launched this past May with a $300 million investment from Patient Square Capital.
 
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