BioSpace News Archive

South side and Dome of the US Capitol in Washington DC, United States

Government

RFK Jr. Passes First Hurdle as Nomination Moves to Full Senate Vote

Senator Bill Cassidy voted with fellow Republicans on the Senate Finance Committee Tuesday morning to move forward the nomination of Robert F. Kennedy, Jr. for HHS secretary.

February 4, 2025

·

3 min read

·

Tristan Manalac

Weigh scales on pink background, top view with space for text. Overweight concept

Obesity

UK Pharmacies Regulator Wants Tighter Checks on Weight Loss Injections

Amid growing concern of the overuse and misuse of obesity drugs, the UK’s pharmacies regulator rolled out stricter guidelines for online pharmacies selling medicines including Novo Nordisk’s Wegovy and Eli Lilly’s Mounjaro.

February 4, 2025

·

2 min read

·

Tristan Manalac

Financial Crisis Concept. Bankrupt Businessman Character Stand at Sinking Paper Ship Waving White Flag in Sea with scatter Dollar Bills and Coins Business Man Bankruptcy. Cartoon Vector Illustration

Layoffs

Novo Partner Omega Waves Bankruptcy Flag from Sinking Ship

Just over a year after striking an obesity deal with Novo Nordisk, an SEC filing shows Flagship Pioneering spinout Omega Therapeutics is days away from bankruptcy and will lay off up to 17 employees.

February 4, 2025

·

1 min read

·

Kate Goodwin

vial of vaccine for the vaccination plan against diseases in the China. Doctor with a vial with doses of the vaccine in front of the China flag

Earnings

Merck’s Gardasil Woes Grow as China Trade War Heats Up

Merck reported a 2% decline in Gardasil sales, after reaching a peak of $8.9 billion in 2023. Now with shipments to China paused, the HPV vaccine faces significant headwinds going into 2025.

February 4, 2025

·

4 min read

·

Annalee Armstrong

Pain

Algiax’s Non-Opioid Drug Reduces Neuropathic Pain in Mid-Stage Trial

The Phase IIa results continue a surge of momentum in a treatment space that last week saw the approval of Vertex’s Journavx as the first novel mechanism for acute pain in decades.

February 4, 2025

·

1 min read

·

Dan Samorodnitsky

Earnings

Regeneron Misses on Eylea, Dupixent Sales; Issues First-Ever Dividends

Despite lackluster sales of Eylea’s high-dose formulation and Sanofi-partnered Dupixent, Regeneron beat Q4 forecasts overall thanks in part to cancer therapy Libtayo and gave shareholders a cut of the profits for the first time in the company’s long history.

February 4, 2025

·

2 min read

·

Tristan Manalac

Brussels, Belgium. 21st December 2020. Exterior view of Pfizer Pharmaceutical company's offices.

Earnings

Pfizer Eyes Deals up to $15B, With ‘Fruitful’ China Discussions Ongoing

With just one asset in weight loss moving through the clinic, Pfizer targets the space for potential dealmaking, as well as bringing assets over from China.

February 4, 2025

·

4 min read

·

Annalee Armstrong

Press Releases

Parse Biosciences Invalidates All 10x Genomics’ Patent Claims Asserted Against Its Products

February 4, 2025

·

2 min read

Press Releases

BioFlyte Awarded SBIR Phase I Contract by U.S. Air Force to Advance its Aerosol Chem/Biothreat Detection and Identification Technology for Critical Infrastructure