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Home » Newsletters » BioWorld

BioWorld

Feb. 14, 2022

View Archived Issues
Prescription drug bottle, pills shaped in $ sign

More US-approved biologics translates to higher Rx drug spend

Even as the U.S. Congress continues to kick the can down the road on prescription drug pricing, pressure to finally confront the issue is increasing. But as lawmakers debate price controls via direct Medicare negotiations vs. innovation, along with inflationary caps on price increases, one factor often gets downplayed: the role biologics are playing in the country’s overall spend on prescription drugs. While generics account for 90% of the drugs prescribed in the U.S., the other 10% of drugs prescribed account for more than 80% of the annual spending, according to the Association for Accessible Medicines. Read More
cancer-AI-diagnostic.png

Multimodal approach, diagnostics key to unlocking precision oncology potential

Despite big wins in precision oncology – such as last year’s accelerated FDA nod for Amgen Inc.’s Lumakras (sotorasib) in KRAS G12C-mutated locally advanced or metastatic non-small-cell lung cancer – industry has barely scratched the surface of the field’s potential. Part of the problem is on the scientific front. Only about a third of patients are currently eligible for targeted therapy, since the majority of patients “do not have a known therapeutic vulnerability for which we have a drug match,” Keith Flaherty, director of clinical research at Massachusetts General Hospital, said during a Feb. 14 session at the BIO CEO & Investor Conference. “And that’s a big problem.” Read More
Stock merger illustration

Collegium buys Biodelivery Sciences for $604M

Collegium Pharmaceutical Inc. said it plans to acquire all outstanding shares of Biodelivery Sciences International Inc. for $5.60 each, putting the price tag at about $604 million. At the heart of the deal are Biodelivery Sciences' Belbuca (buprenorphine buccal film), a schedule III opioid, and Elyxyb (celecoxib), an oral migraine treatment that gives Collegium a foothold into the neurology market. Read More

TYK2 click-through? Other players watch, wait for BMS PDUFA date

As investors await the Sept. 10 PDUFA date for deucravacitinib from Bristol Myers Squibb Co. (BMS) in psoriasis, handicappers continue to weigh the odds of other tyrosine kinase 2 (TYK2) inhibitors, and ponder what a regulatory victory – or defeat – might mean for the space.

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Green approved stamp

Pfizer’s Paxlovid becomes first COVID-19 oral pill approved in China

China’s NMPA has given conditional approval to Pfizer Inc.’s COVID-19 oral pill Paxlovid (nirmatrelvir/ritonavir). The drug was approved for the treatment of adults with mild to moderate COVID-19 and a high risk of progression to severe disease. This includes the elderly, and people with chronic kidney issues, diabetes, cardiovascular, and chronic lung disease. Read More
Coronavirus-SARS-CoV-2-NIH.png

T-cell evasion is one pressure shaping SARS-CoV-2 evolution

The overwhelming focus of research into the cellular immune response to SARS-CoV-2 has been investigating the reaction of vaccinated people, in an effort to establish correlates of protection required to fight off infection. But with a majority in many African and Asian countries still unvaccinated, it also is important to understand the natural cellular immune response, and to track the emergence of SARS-CoV-2 variants with the potential to escape immunity in these populations. Read More

BioWorld Insider Podcast: Could long COVID be the next public health crisis?

With the study of long COVID-19 continuing to evolve, the BioWorld team is taking a closer look at the condition – a complex syndrome affecting more than 100 million people globally – and what's being done about it. In this episode, BioWorld Senior Science Editor Anette Breindl and Staff Writer Lee Landenberger, fresh off writing a pair of detailed stories about these issues, join us to talk about how consensus around what long COVID is has emerged.


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ICYMI illustration

ICYMI: Week in review, Feb. 7-11, 2022

A quick look back at top stories. Read More

Appointments and advancements for Feb. 14, 2022

New hires and promotions in the biopharma industry, including: 2seventy, Avadel, Find, Vaxart. Read More

Financings for Feb. 14, 2022

Biopharmas raising money in public or private financings, including: Teclison. Read More

In the clinic for Feb. 14, 2022

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Ascletis, Astrazeneca, Azafaros, Biohaven, Curevac, Eyepoint, Genentech, Gilead, Glaxosmithkline, Iveric, Kintor, Novavax, Nykode, Opthea, Oxurion, Pardes, Pfizer, Primmune, Proqr, RDIF, Regeneron, Regenxbio, Revive, Vicore. Read More

Other news to note for Feb. 14, 2022

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Acura, Astrazeneca, Azafaros, Campbell Neurosciences, Cyclica, Dermira, Eli Lilly, Glenmark, JN Nova, Journey Medical, M6P, Maze, Moleculin, Netramark, Nurosene, Obseva, Oncology Pharma, Point Biopharma Global, Regen, Theramex, Therapeutic Solutions. Read More

Regulatory actions for Feb. 14, 2022

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Alphamab, Biontech, Cytryx, Eli Lilly, Innovent, Journey Medical, Metacrine, Noema, Novavax, Pfizer, Pharmacyte, Roche, Spectrum, Veru, Y-mabs. Read More

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