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BioWorld - Saturday, December 20, 2025
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3D map of China

Cleveland Clinic clipped for $7.6M for research oversight lapses

May 21, 2024
By Mark McCarty
The Cleveland Clinic Foundation (CCF) has found itself on the wrong end of an enforcement action by a federal attorney’s office, which had alleged that CCF had made false statements to the government regarding three grant awards.
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Medicare puzzle

​Abbott seeks US Medicare national coverage for Cardiomems system​

May 21, 2024
By Mark McCarty
A renewed focus on telehealth and telemedicine may be pumping new life into remote patient monitoring for heart failure, which seems to be the case for the Cardiomems device by Abbott Inc.
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Boston Scientific Cryoablation System
HRS 2024

Multiple studies, strong results stoke pulsed field ablation enthusiasm

May 21, 2024
By Annette Boyle
The major players in electrophysiology – Boston Scientific Corp., Johnson & Johnson, Medtronic plc, Abbot Laboratories – showed up in force at the 2024 Heart Rhythm Society annual meeting in Boston May 16-19 to tout their pulsed field ablation devices and study results.
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Person sitting in wheelchair

Dyne in: Wall Street sits down as phase I/II DM1, DMD table set

May 20, 2024
By Randy Osborne
Shares of Dyne Therapeutics Inc. (NASDAQ:DYN) closed May 20 at $35.38, up $7.70, or 28%, on word of positive data from the phase I/II Achieve trial of DYNE-101 in myotonic dystrophy type 1 (DM1) and the phase I/II Deliver effort with DYNE-251 in Duchenne muscular dystrophy (DMD) who are amenable to exon 51 skipping. CEO John Cox, who joined Waltham, Mass.-based Dyne eight weeks ago, said he “couldn’t be more proud to be part of this team.” Studies are ongoing, but new data with regard to DM1 as well as DMD showed a “compelling” impact, Dyne said, plus satisfying safety profiles.
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Dong-A ST invests ₩25B in Ildong subsidiary, inks cancer deal

May 20, 2024
By Marian (YoonJee) Chu
To strengthen its cancer pipeline, South Korea’s Dong-A ST Co. Ltd. made a strategic investment of ₩25 billion (US$18.45 million) in Seocho-gu, Seoul-based Idience Co. Ltd., a cancer-focused subsidiary of Ildong Pharmaceutical Co. Ltd. on May 20. The equity buyout makes Dongdaemun-gu, Seoul-based Dong-A ST the second largest shareholder of Idience, following Ildong Pharmaceutical. The two companies also shook on a co-development deal for Idience’s lead cancer asset, venadaparib (IDX-1197).
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Gavel with whistle

Hospital hit for violating US Medicare rules for TAVR devices

May 20, 2024
By Mark McCarty
U.S. Medicare coverage of transcatheter aortic valve replacement devices requires the use of team medicine for patient selection purposes, which seems to have served as a tripwire for Cape Cod Hospital (CCH) in Hyannis, Mass. Federal agencies forged an agreement with CCH that included a $24 million fine for failure to appropriately screen patients for the procedure, an event that serves as a reminder that non-compliance with Medicare rules can trigger enforcement actions by other agencies.
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FARAPULSE pulsed field ablation system
HRS 2024

Pulsed field ablation electrifies the market

May 20, 2024
By Annette Boyle
Pulsed field ablation dominated the news out of the Heart Rhythm Society meeting this week with three late-breaking studies highlighting the safety and efficacy of the technology replacing thermal ablation for treatment of atrial fibrillation and active discussion of the ‘unprecedented’ growth of these procedures. Boston Scientific Corp’s Farapulse is rapidly building dominance in the field, while results from Johnson & Johnson’s Varipulse study and Medtronic plc’s trial of the Affera system set up those companies for U.S. FDA approval later this year.
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FDA website and logo
FDLI Annual Meeting

Recent FDA activity hints at impending commercial speech enforcement

May 17, 2024
By Mark McCarty
The U.S. FDA has several methods for signaling its enforcement intentions regarding medical devices and drugs, but there are times when warning letters are the vectors for communicating the agency’s current thinking.
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Pills, syringes, financial charts

Economics cited as a driver of worsening drug, device shortages

May 17, 2024
By Mark McCarty
The U.S. FDA is not the only regulatory agency attempting to deal with impending and existing device and drug shortages, although some of the drivers of these shortages are not within these agencies’ purview.
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FDA Approved stamp
Biopharma regulatory actions and approvals April 2024

US FDA continues high pace in April with 26 drug approvals

May 17, 2024
By Amanda Lanier
In April, the U.S. FDA approved 26 new drugs, the sixth-highest monthly total going back to 2016. This is slightly lower than March’s record-setting 30 approvals, the highest count in BioWorld’s records. By comparison, the FDA approved an average of about 16 drugs per month in 2023, 12.5 per month in 2022, and 17 per month in both 2021 and 2020.
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