Pharma and BioTech Daily

Pharma and Biotech Daily: Sarepta's Stock Soars and Novartis Reshoring Operations


Listen Later

Good morning from Pharma and Biotech Daily: the podcast that gives you only what's important to hear in the Pharma and Biotech world. Sarepta Therapeutics has recently experienced an 18% increase in its stock value following a significant business overhaul, which included staff layoffs and pipeline shifts. Analysts are cautiously optimistic about the company's future. At the same time, patients are advocating for access to Brainstorm Cell Therapeutics' ALS drug, Nurown, after promising results from an expanded access program. In other news, Novartis is in the process of reshoring its drug manufacturing operations in the US, a move that may take several years to complete. Additionally, a notable number of employees have departed from the FDA's Center for Drug Evaluation and Research amidst an overhaul by the Department of Health and Human Services. These developments underscore the continuous changes and challenges within the pharmaceutical industry. Sarepta Therapeutics recently announced a strategic overhaul, which involved cutting 500 staff members and shifting focus to sirna platform assets. This decision came after two patients passed away following treatment with its Duchenne muscular dystrophy gene therapy, Elevidys. The company has also added a black box warning for acute liver injury and failure to Elevidys as it pivots away from gene therapy programs.
...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

1,716 Listeners

WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,353 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

1,634 Listeners

HBR IdeaCast by Harvard Business Review

HBR IdeaCast

1,832 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

325 Listeners

Becker’s Healthcare Podcast by Becker's Healthcare

Becker’s Healthcare Podcast

191 Listeners

Morning Brew Daily by Morning Brew

Morning Brew Daily

2,998 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