Pfizer pledge for more equal access to RSV shot faces hurdles
Jennifer Rigby and Maggie Fick, Reuters
Pfizer Inc has pledged to deliver critical new medicines more quickly in low-income nations, but its first such vaccine effort faces hurdles likely to delay distribution in poorer countries by several years, global health officials told Reuters. Pfizer made a commitment on more equitable access last year, following criticism that it prioritized wealthy nations for doses of its COVID-19 shot early in the pandemic.
Lilly drug Mounjaro succeeds in second weight loss study
Jonathan Gardner, BioPharma Dive
Eli Lilly’s new medicine Mounjaro helped overweight people with diabetes lose about 30 pounds on average over an 18-month clinical trial, a significant result that boosts the drug’s chances of winning approval as a weight loss treatment.
Eli Lilly will use a priority review voucher on Mounjaro to ‘remove any uncertainty’ around fast FDA review
Nicole DeFeudis, Endpoints News
Eli Lilly isn’t waiting around for the FDA’s fast-track pathway. The team is “feverishly” submitting its new Phase III data for Mounjaro in obesity, and will use a priority review voucher to cut four months off of the standard review time.
Merck reveals HIV combo trial is back in the running after FDA partial hold lifted
Max Bayer, Fierce Biotech
The Big Pharma has resumed a phase 2 study of MK-8591D, an oral regimen of islatravir and Gilead’s Sunlenca, executives said on a call with analysts Thursday. Gilead’s drug was approved in December as a twice-yearly treatment for patients with multi-drug resistant HIV.
J&J to retain all talc-related liabilities from litigation in US, Canada
Reuters
Johnson & Johnson said on Thursday it has agreed to retain all talc-related liabilities arising from litigation in the United States and Canada and will “indemnify” newly formed consumer health unit Kenvue for all costs.
Gilead profit misses Wall Street expectations as COVID drug sales decline
Reuters
Gilead Sciences Inc on Thursday reported a lower-than-expected first-quarter profit as sales from COVID-19 antiviral Veklury declined more than anticipated, and its shares fell more than 2%.
‘Lots of ways for donanemab to win’ in Alzheimer’s, Lilly says. Now, it just needs the data
Annalee Armstrong, Fierce Biotech
Lilly executives remain bullish on donanemab’s market potential even with the first-to-market advantage likely taken by Biogen and Eisai.
FDA approves Pfizer’s Prevnar 20 for infants and children
Tyler Patchen, Endpoints News
Pfizer has secured approval from the FDA for its Prevnar 20 pneumococcal disease vaccine for infants, children and adolescents, the New York-based drugmaker announced Thursday.
As Humira biosims take hold, longtime AbbVie CEO Richard Gonzalez talks succession plans
Zoey Becker, Fierce Pharma
In his 10 years at the helm, the CEO has stayed relatively mum about when his tenure would end. But, internally, Gonzalez has had “many, many” discussions with the board about his succession, he said during the company’s first-quarter earnings conference call.
Vast sequencing project begins to unlock human genome’s secrets — by deciphering other mammals’ DNA
Jonathan Wosen, Stat News
The findings, reported in a set of 11 studies published on Thursday in the journal Science, come out of the Zoonomia Project, which compared the genomes of 240 mammalian species. The list of sequenced creatures reads a bit like the passenger manifest of Noah’s Ark: Amazon river dolphins, greater mouse-eared bats, fat-tailed dwarf lemurs, horses, humans, and more.
How biopharma dealmaking kicked back into action
Michael Gibney, PharmaVoice
The collective capacity for M&A in the biopharma industry is a result of complex market factors, but at the granular level, every company has its own reasons for dealmaking. Cash reserves, valuations, the state of the pipeline — so many factors determine whether a single company, not to mention a whole sector, is ready to come to the table.
Drugmakers scout for deals, ramp up research spending
Manas Mishra and Patrick Wingrove, Reuters
Drugmakers including Merck & Co, AstraZeneca Plc and AbbVie Inc said on Thursday they are open to acquisitions and reported a ramp up in research and development spending as the industry’s larger players look for new sources of future revenue.
Quest Diagnostics to pay $450M to buy liquid biopsy cancer test developer as Q1 revenue drops
Susan Kelly, MedTech Dive
The announcement came as Secaucus, N.J.-based Quest reported a 10.7% drop in first-quarter revenue to $2.33 billion, compared to a year ago, on a faster-than-expected decline in COVID-19 testing as the public health emergency approaches an end.