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March 14, 2024
by Jason Scott

Recon: AstraZeneca to buy Amolyt for $1.05B; BIO cuts ties with WuXi to quell US security concerns

Welcome to Regulatory Reconnaissance, your regulatory news and intelligence briefing.

In Focus: US
  • Medicare couldn’t cover Wegovy for weight loss. But now that it’s also a heart drug, the door is open (STAT)
  • Is CAR-T safe for early-stage patients? (STAT)
  • BIO severs ties with WuXi in the face of U.S. government concerns over China (STAT)
  • Good health care price transparency rules are at risk if Congress doesn’t act (STAT)
  • US FDA approves expanded use of Mirum's liver disease drug (Reuters)
  • EPA final rule limits EtO emissions for medical device sterilizers (MedTech Dive)
In Focus: International
  • Vertex hits speed bump in getting CRISPR sickle cell therapy covered in U.K. (STAT)
  • Pfizer-backed UK biotech raises £25M to advance mitophagy pipeline (Endpoints)
  • Israel's Gynica starts clinical trial for endometriosis cure (Reuters)
  • Shares in Spanish drugmaker Grifols tumble on Fitch, S&P downgrades (Reuters)
  • Unfair Bias In Device Design: UK MHRA And Government Promise Action (MedTech Insight)
  • New UAE Regulator Calls On Drug and Device Companies To Help Shape Mandate (MedTech Insight)
  • European Parliament Adopts AI Act, But Success Hangs On The AI Office (MedTech Insight)
  • 40% Plus Growth In Notified Body Certificates Issued Under EU Medtech Regulations (MedTech Insight)
  • Cybersecurity Guidance Update Lays Out ‘Cyber Device’ Rules (MedTech Insight)
Pharma & Biotech
  • AstraZeneca picks up rare disease-focused Amolyt Pharma in $1 billion deal (STAT)
  • Small studies offer hope CAR-T can fight an aggressive brain cancer (STAT)
  • Argenx readies another blockbuster opportunity with its antibody drug (STAT)
  • An API producer’s $250M expansion; Noramco launches US API supply; A packaging company’s 47% sales jump (Endpoints)
  • Female investors track progress, call for more women on boards and in leadership roles (Endpoints)
  • OcuTerra’s diabetic retinopathy drug fails PhII; Better Therapeutics to shut down (Endpoints)
  • Coherus' new focus on oncology leads to restructuring, 30% layoffs (Endpoints)
  • Lilly partners with Amazon to deliver Zepbound and other drugs (Reuters)
Medtech
  • US hospitals predict uptick in procedures as staffing pressures ease (MedTech Dive)
  • Exactech hit with warning letter over implant packaging (MedTech Dive)
  • Mass General Brigham works with FDA to create brain-computer interface group (MedTech Dive)
  • FDA seeks feedback on expansion of premarket cybersecurity guidance (MedTech Dive)
  • AI to expand medtech portfolios, revenue streams: Moody’s (MedTech Dive)
  • As A Young Woman Marissa Fayer ‘Fell’ Into Medtech. Now, As An Industry Leader, She’s Focused On Leveling The Field (MedTech Insight)
  • Healthtech Responds To Providers’ Productivity, Workflow And Sustainability Concerns (MedTech Insight)
Government, Regulatory & Legal
  • Prescription for resilience: Health care needs financial sector-inspired regulation (STAT)
  • Q&A: Amid AI frenzy in medicine, a federal regulator’s quest to create safeguards (STAT)
  • The Change Healthcare hack could be a catalyst for real healthcare cybersecurity improvement (Endpoints)
  • Sex-Based Diversity In Clinical Trials Can And Will Improve – An IWD Perspective (MedTech Insight)
  • Surely You Must be Kidding, PTO?!? “No, and Don’t Call Me Shirley!” – The Seemingly Slapstick (But Yet Unfunny) World of Recent Patent Term Extension Decisions (PART 3 . . . and PART 3½) (FDA Law Blog)
Regulatory Recon is our regular intelligence briefing for the regulatory affairs space, bringing you the top regulatory, biopharma and medtech news stories from around the globe. Regulatory Recon is published each week on Monday, Tuesday and Thursday.

A story’s inclusion in Regulatory Recon does not imply endorsement by Regulatory Focus or RAPS.
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