Pharma and BioTech Daily

Pharma and Biotech Daily: Novartis' $5.7 Billion Deal and Myasthenia Gravis Market Flourishing


Listen Later

Good morning from Pharma and Biotech daily: the podcast that gives you only what's important to hear in Pharma e Biotech world.Novartis and Monte Rosa have entered into their second molecular glue deal worth up to $5.7 billion, with Novartis putting $120 million upfront for more of the biotech's AI-discovered degraders. The myasthenia gravis market, once sparse, is now flourishing with new treatments approved and promising late-stage trial results from companies like Argenx and Regeneron. In other news, AstraZeneca has suspended its $270 million commitment in the UK, the FDA has flip-flopped on scrapping advisory committee meetings, and Sino Biological has developed a high-throughput platform for AI-driven antibody discovery. The myasthenia gravis space is heating up with targeted therapies, with several companies releasing promising late-stage trial results. Biogen is developing a pipeline for lupus, with investors showing interest in their programs. The FDA has several actions scheduled for September, including Merck's proposed subcutaneous formulation of Keytruda. Eli Lilly's obesity pill, Orforglipron, is in focus at the European Association for the Study of Diabetes meeting. In the cancer news, Merck's Keytruda challenger faces consistency problems, while other companies like Daiichi Sankyo and Biontech report positive data. Capsida reports a patient death in a gene therapy trial, while Alkermes shows promise in narcolepsy treatment. FDA is looking to streamline the development of non-opioid painkillers. Various webinars and events are upcoming in the pharma industry. Job opportunities are available at companies like Moderna, Abbvie, and Regeneron. Overall, the biopharma industry is seeing advancements and progress in various therapeutic areas.

Support the show

...more
View all episodesView all episodes
Download on the App Store

Pharma and BioTech DailyBy Pharma and BioTech News

  • 3.5
  • 3.5
  • 3.5
  • 3.5
  • 3.5

3.5

14 ratings


More shows like Pharma and BioTech Daily

View all
WSJ Your Money Briefing by The Wall Street Journal

WSJ Your Money Briefing

1,710 Listeners

WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,359 Listeners

The McKinsey Podcast by McKinsey & Company

The McKinsey Podcast

388 Listeners

WSJ Tech News Briefing by The Wall Street Journal

WSJ Tech News Briefing

1,633 Listeners

HBR IdeaCast by Harvard Business Review

HBR IdeaCast

169 Listeners

The Long Run with Luke Timmerman by Timmerman Report

The Long Run with Luke Timmerman

124 Listeners

The Readout Loud by STAT

The Readout Loud

324 Listeners

Becker’s Healthcare Podcast by Becker's Healthcare

Becker’s Healthcare Podcast

191 Listeners

Morning Brew Daily by Morning Brew

Morning Brew Daily

2,999 Listeners

Inside Global Pharma by ZS

Inside Global Pharma

10 Listeners

Business Of Biotech by Ben Comer

Business Of Biotech

86 Listeners

BioCentury This Week by BioCentury

BioCentury This Week

34 Listeners

Biotech Hangout by Daphne Zohar, Josh Schimmer, Brad Loncar, Tim Opler & more

Biotech Hangout

19 Listeners

The Top Line by Fierce Life Sciences

The Top Line

15 Listeners

The AI Podcast by The AI Podcast

The AI Podcast

6 Listeners