Devicemakers cut EU products amid MDR mess

Today's Big News

Dec 19, 2022

Special Report—Fierce Biotech's Rotten Tomatoes of 2022


Special Report—10 healthcare companies that hit $1B valuations in 2022


Atara makes history with world-first nod for allogeneic T-cell therapy Ebvallo


Devicemakers cutting products in the EU due to rising costs, slowed regulations: Reuters


Genetic testing lab owner convicted in $463M Medicare fraud case


Bluebird’s adolescent sickle cell ambitions are back in flight after year-old partial hold lifted


After Novo's Wegovy supply woes, rival Lilly sees shortages for Mounjaro, Trulicity

 

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Atara makes history with world-first nod for allogeneic T-cell therapy Ebvallo

Atara Biotherapeutics' allogeneic Epstein-Barr virus-positive (EBV) T-cell therapy tabelecleucel snagged a world-first approval in Europe, assuming the commercial moniker Ebvallo.
 

Top Stories

Fierce Biotech's Rotten Tomatoes of 2022

Fierce Biotech recounts the biggest biotech blunders and one refreshing reparation in the 2022 edition of Rotten Tomatoes.

10 healthcare companies that hit $1B valuations in 2022

Despite the market downturn and investor caution amid an unstable market, there are health tech companies bucking the trend and raising significant amounts of cash. Nearly two dozen healthcare-focused startups crossed the $1 billion valuation threshold to become "unicorns" in 2022. Fierce Healthcare took a look at this year's new crop of unicorns and pared down the list to the top 10 based on reported valuations.

Devicemakers cutting products in the EU due to rising costs, slowed regulations: Reuters

As the EU’s new system for regulating medical devices takes effect, some medtech companies are finding the process of securing new authorizations for their previously authorized devices overwhelming—and, in some cases, not worth the hassle.

Genetic testing lab owner convicted in $463M Medicare fraud case

In what the Department of Justice is calling one of the biggest healthcare fraud schemes ever, a federal grand jury convicted the owner of a genetic testing lab for cancer of bilking Medicare out of hundreds of millions of dollars.

Bluebird's adolescent sickle cell ambitions are back in flight after yearlong partial hold lifted

Bluebird is continuing to build on its regulatory momentum, rebooting an adolescent trial of its sickle cell gene therapy after the FDA lifted a yearlong hold. The company is planning to ask regulators to approve the treatment's use in adults in the first quarter of 2023.

After Novo's Wegovy supply woes, rival Lilly sees shortages for Mounjaro, Trulicity

It’s been nearly a year since Novo Nordisk revealed a supply shortfall for its obesity blockbuster-to-be Wegovy. Now, it appears history is repeating for the company’s chief rival, Eli Lilly.

Google aims to translate hand-scribbled doctors' notes and prescriptions using AI

After decades of jokes (and legitimate complaints) that doctors’ handwriting can be largely inscrutable, Google has decided the easiest way to fix the problem is to train a computer to read those illegible prescription notes for you.

Madrigal's stock enters orbit after 2nd phase 3 NASH success sets up FDA filing

The tricky indication of nonalcoholic steatohepatitis has confounded many a biotech, but Madrigal Pharmaceuticals and its investors think the company is finally onto a winner with its second positive phase 3 readout.

Novartis prunes nearly 300 jobs in Garden State as corporate slimdown rolls on

Novartis is cutting 285 jobs across three New Jersey sites, according to a local Worker Adjustment and Retraining Notification Act notice.

Centene expects to earn at least $137.4B in revenue for 2023

Centene expects to bring in revenue of between $137.4 billion and $139.4 billion next year, the company announced at its investor day on Friday.

Moon Surgical sets up robotic assistant launch with FDA clearance, first-in-human study

The company, previously known as MastOR, secured its first 510(k) clearance from the FDA for its Maestro surgical system, and shortly followed that up with the announcement that it had completed its first-in-human study of the hardware.

With another FDA nod, Eagle's Pemfexy gets up to speed with Lilly's Alimta

The FDA has blessed Eagle Pharmaceuticals' Pemfexy with a fifth indication, this one as a combo treatment alongside Merck’s Keytruda and platinum chemotherapy for those with metastatic non-squamous NSCLC with no EGFR or ALK genomic tumor aberrations.

Click Therapeutics inches closer to 1st FDA OK with breakthrough nod for migraine app

Someday in the future, migraine relief could be just a click away.
 
Fierce podcasts

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'The Top Line': The medtech industry’s highest paid CEOs, plus this week's headlines

This week on “The Top Line,” we discuss the medtech industry’s highest paid CEOs. Plus, we cover Theranos' COO's prison sentence, highlights from the American Society of Hematology annual meeting and other top headlines from this week.
 

Resources

Webinar

Webinar: Writing the Future of Antibody Discovery Solutions

Twist Bioscience CSO Dr. Aaron Sato shares how Twist's tools for antibody discovery have been applied to identify antibodies against diverse and challenging targets. See how high-throughput DNA synthesis combined with antibody engineering expertise provides end-to-end antibody discovery solutions.

Executive Summary

Scale-Up Strategies for Late-Stage Cell Therapies

Strategies to help scale-up for commercial manufacturing are critical to getting cell and gene therapies to patients as more advanced therapies reach late-stage clinical studies and regulatory decisions.

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Lipid-Based Drug Delivery System to Bring Poorly Soluble Drugs to Market

How can Lipid-Based Drug Delivery System help bring poorly soluble drugs to market?
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Linear Compression vs. Parallel Processing: Speeding Biologics Through Development and Into Clinical Trials

Download this paper to learn considerations on how to move a biologic through clinical trials faster, advantages of Parallel Processing, and more.

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Intranasal Drug Product Development: Formulation to Manufacturing

What are key considerations for intranasal delivery in the treatment of acute and chronic conditions?
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Formulation Strategies When Transitioning From Vial to PFS

Learn how formulation development for a PFS affects manufacturing to drive the industry toward optimizing delivery of injectable products and, ultimately, improving patient care.
Research

A Strategy to Standardize Process Characterization & Late Phase Development

Learn more on an approach for process characterization for the production of a monoclonal antibody, which will improve the efficiency and effectiveness of the process by targeting the right design and number of experiments.

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Supply Services to Support Clinical Trials in Japan & Beyond

Explore Catalent’s newest clinical supply facility in Japan, including the comprehensive services & solutions it offers to help support trials both in-country & around the world.
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Clinical Supply Solutions for the Asia-Pacific Region

Learn how Catalent’s extensive network across APAC can meet a wide range of clinical supply needs for sponsors conducting trials within the region.
 

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