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June 3, 2024
by Jason Scott

Recon: Delaware judge allows 70,000 Zantac lawsuits to proceed; BD to buy Edwards’ critical care unit for $4.2B

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

In Focus: US
  • Anthony Fauci, facing GOP accusers, says debate on Covid origins has been ‘seriously distorted’ (STAT)
  • US FDA advisers to consider if new COVID shots should target JN.1 variant (Reuters)
  • NIH documents show how $1.6 billion long Covid initiative has failed so far to meet its goals (STAT)
  • Becton Dickinson to buy Edwards patient monitoring unit for $4.2 billion (STAT)
  • GSK shares tumble 9% after 70,000 Zantac lawsuits allowed to proceed (Endpoints) (Reuters)
  • Novo Nordisk Should Have Studied Insulin Icodec Twice-Weekly Dosing, US Panel Says (Pink Sheet)
  • PROs In Diabetes: FDA Panel Wanted Data Proving Insulin Icodec’s ‘Theoretical’ Benefits In Type 1 (Pink Sheet)
  • US FDA’s June Approvals Forecast: Nearly 30 Goal Dates Suggest Hot Start To Summer (Pink Sheet)
  • Women’s Health a Focus for FDA and Biden Administration (FDA Law Blog)
  • Moderna-Merck skin cancer vaccine shows survival benefit in long-term follow-up (Reuters)
In Focus: International
  • Amended International Health Regulations Give Fresh Momentum To Pandemic Treaty Talks (Pink Sheet)
  • Project Orbis Led To 80% Cut In Submission Gap For Cancer Drugs In Switzerland (Pink Sheet)
  • Japan Aims To Broaden RWD Use By Allowing Pseudonymised Data (Pink Sheet)
  • Lykos’ MDMA Heads To AdComm With US FDA Concerns About Adverse Event Reporting (Pink Sheet)
  • EU Member States Told To Step Up Efforts On Transitioning Trials To CTR (Pink Sheet)
  • Chikungunya Vaccine, Hemophilia B Gene Therapy Among 14 Products On Track For EU Approval (Pink Sheet)
Pharma & Biotech
  • Biohaven’s autoimmune drug disappoints, and other biotech news updates from the week (STAT)
  • Can AstraZeneca make good on its promise? (STAT)
  • Structure Therapeutics oral GLP-1 drug led to weight loss in two studies (STAT)
  • Elevance PBM’s president out as customers complain of prescription chaos (STAT)
  • With new results at ASCO, Enhertu once again rewrites rules of breast cancer treatment (STAT)
  • Agios Pharmaceuticals' blood disorder drug succeeds in late-stage study (Reuters)
  • At ASCO, AstraZeneca says its CAR-T therapy shrank solid liver tumors in early trial (STAT)
  • Takeda outlines mid-stage narcolepsy data that prompted 'rapid' move into Phase 3 (Endpoints)
  • After Phase 3 win, Arrowhead's RNAi chases Ionis to market entry in rare genetic disorder (Endpoints)
  • Exclusive: Isotope shortage forces pause of Bristol Myers Phase 3 radiopharmaceutical trial (Endpoints)
  • Caribou says partial HLA matching will improve durability of response to cell therapy (Endpoints)
  • Rapport Therapeutics sets out for $122M Nasdaq debut as IPO backlog seeks fresh air (Endpoints)
Medtech
  • Abbott receives FDA OK for over-the-counter glucose monitor (MedTech Dive)
  • Medtech venture capital investing rebounded in Q1 (MedTech Dive)
  • Steris to lay off employees in restructuring (MedTech Dive)
  • Surmodics agrees to $627M private equity buyout (MedTech Dive)
  • Digital therapeutics firm Akili to sell for $34M (MedTech Dive)
Government, Regulatory & Legal
  • A short-lived Medicaid freakout sends insurers’ stocks diving (STAT)
  • Waste Management adds medical-waste portfolio with $7.2 bln Stericycle deal (Reuters)
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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