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BioSpace News Archive
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Pharmacy benefit managers
July 17, 2024
GLP-1
July 17, 2024
Opinion
To Weather Layoffs, Biotechs Must Guard Against Lawsuits
Restructuring can invite lawsuits if companies aren’t careful. Following local, state and federal rules is critical, as is keeping the employee handbook current.
July 17, 2024
·
3 min read
·
Justin Kozak
Podcast
Pfizer’s Oral GLP-1 Push, Lilly Vs. Novo and PBMs Under Pressure
Pfizer selects its candidate for the oral GLP-1 race as Eli Lilly strives to overtake Novo Nordisk in the injectable weight-loss drug space. Meanwhile, pressure builds to reduce drug prices in the U.S.
July 17, 2024
·
1 min read
·
Heather McKenzie
Complete response letters
Orexo’s Opioid Overdose Nasal Spray Fails FDA Review for Second Time
Citing the need for another human factor study and more technical data for the final product, the FDA denied approval of Orexo’s nasal spray rescue medication for opioid overdose.
July 17, 2024
·
2 min read
·
Tristan Manalac
Obesity
Pfizer’s Once-Daily Weight Loss Pill—Good Play or Bad?
After nixing a twice-daily version of its oral GLP-1 agonist, Pfizer is hoping to break into the weight-loss space with a once-daily version, but experts question its outlook.
July 17, 2024
·
4 min read
·
Tyler Patchen
Drug pricing
‘Big Three’ PBMs to Face House Oversight Accountability as Hawaii Court Delivers Legal Victory
As scrutiny of pharmacy benefit managers mounts, a House committee will hold a hearing on the alleged anticompetitive business practices of these middlemen.
July 17, 2024
·
2 min read
·
Tristan Manalac
Business
Newly Private NGM Bio Raises $122M for Registrational PSC Study
After completing a buyout transaction with The Column Group to remove it from the stock exchange, NGM Bio has raised a $122M Series A to fund a registrational study for a rare liver disease drug and a Phase II trial in hyperemesis gravidarum.
July 17, 2024
·
1 min read
·
Kate Goodwin
CRISPR
Ongoing CRISPR Patent Dispute Complicates Licensing but Hasn’t Deterred Gene-Editing Investment
As the yearslong litigation over ownership of CRISPR gene editing continues, investors have forged ahead with funding the technology’s development by biopharma.
July 17, 2024
·
8 min read
·
Christoph Schwaiger
IRA
AstraZeneca Appeals IRA Loss, Reiterates Constitutional Challenge to Drug Price Negotiations
AstraZeneca joins Johnson & Johnson and Bristol Myers Squibb in appealing a previous legal loss for its challenge to the government’s drug price-setting program.
July 17, 2024
·
2 min read
·
Tristan Manalac
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