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Regulatory
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Setpoint Medical - vagus nerve stimulation device

Setpoint reports results of RA neuroimmune modulation treatment study

July 10, 2024
By Holland Johnson
Setpoint Medical Corp. reported positive topline results from its landmark RESET-RA study. The study evaluated the Setpoint system as a potential new neuroimmune modulation treatment for adults living with moderate-to-severe rheumatoid arthritis who are incomplete responders or are intolerant to biologic or targeted synthetic disease-modifying anti-rheumatic drugs.
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Product recall concept image

Medtronic withdraws endotracheal tubes after 2 years

July 10, 2024
By Mark McCarty
In an action two years in the making, Dublin-based Medtronic plc withdrew a series of endotracheal tubes because of complaints of lost functionality that carries the risk of respiratory and/or cardiac arrest.
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Multiple sclerosis, neurons concept art.
Neurology/psychiatric

Abata obtains IND clearance for autologous TCR-Treg therapy for progressive MS

July 10, 2024
Abata Therapeutics Inc. has obtained FDA clearance for its IND application enabling initiation of a first-in-human study of ABA-101 in patients with progressive multiple sclerosis (MS). A phase I study will open later this year.
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First Circuit: Frequency class action brushstrokes no ‘van Gogh’

July 9, 2024
By Mari Serebrov
Just because a statement turns out to be false doesn’t mean it was intended to be, the U.S. Court of Appeals for the First Circuit said in tossing a stockholder class action against Frequency Therapeutics Inc., now part of Korro Bio Inc.
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Few surprises in FTC’s interim report on PBM practices

July 9, 2024
By Mari Serebrov
The redacted interim report released July 9 of an ongoing FTC investigation into pharmacy benefit managers (PBMs) shed little, if any, new insight into PBM practices and how they impact availability and pricing of prescription drugs in the U.S.
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Bar chart, downward arrow

Biosecure Act leaves biopharmas less confident in Chinese partners

July 9, 2024
By Tamra Sami
Confidence in working with Chinese biopharma companies has dropped by 30% to 50% for U.S.-based life sciences companies, with Chinese contract development and manufacturing organizations the hardest hit, according to a recent LEK survey of global life sciences companies on the impact of the pending U.S. Biosecure Act.
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Cellfx

Pulse Bio’s cardiac PFA system named FDA breakthrough device

July 9, 2024
By Annette Boyle
Pulse Biosciences Inc. received U.S. FDA breakthrough device designation for its Cellfx cardiac surgery system with surgical clamp for ablation of atrial fibrillation. The Cellfx system uses nanosecond pulsed field ablation technology to deliver durable, continuous transmural ablation.
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CMS logo and website

US CMS eyes coverage of home dialysis for acute kidney injury

July 9, 2024
By Mark McCarty
The U.S. Medicare draft prospective payment system for end-stage renal disease encodes a few changes that will cheer industry, including a provision that would increase patient access to pharmaceuticals that are available only in oral form.
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Document illustration

FDA warning to wound care company raises product status question

July 9, 2024
By Mark McCarty
The U.S. FDA warning letter to AG Essence Inc., a maker of wound care products, raised the question of whether the the company’s Banda product line is a drug or a device, although the FDA’s device center was the issuer of the warning letter. However, the company told ioWorld that it sees its offerings as homeopathic products rather than as drugs or devices, suggesting that this product jurisdiction scrum is far from over.
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DNA in drug capsules
Immuno-oncology

Interius’ INT-2104 receives Australian clearances for clinical trial in B-cell malignancies

July 9, 2024
Interius Biotherapeutics Inc. has been granted Human Research Ethics Committee (HREC) approval and clinical trial notification clearance by Australia’s Therapeutic Goods Administration (TGA) to begin a first-in-human trial of INT-2104, its lead in vivo CAR candidate for treatment of B-cell malignancies.
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