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May 8, 2019
by Michael Mezher

Recon: Pfizer Buys Swiss Rare Disease Biotech Therachon for up to $810M

Welcome to Regulatory Reconnaissance, your daily regulatory news and intelligence briefing.
 
In Focus: US
  • Pfizer to Acquire Therachon for Up to $810M (GEN) (Endpoints) (PMLive) (BioPharmaDive) (Press)
  • Gilead goes for Goldfinch in $109M kidney deal (BioCentury) (STAT) (Endpoints)
  • J&J Pays About $1 Billion to Resolve Pinnacle-Hip Suits (Bloomberg) (Reuters)
  • Pharma pushes back against setting international standards for drug-pricing transparency (STAT)
  • List prices in drug ads on TV coming as CMS finalizes rule (Focus) (STAT) (NYTimes) (Reuters)
  • Facing pressure across Washington, drug industry courts pro-business Democrats (STAT)
  • New documents reveal Third Rock Ventures is set to launch a cancer diagnostics company (STAT)
  • Graham: Doing nothing on drug prices 'unacceptable' (The Hill)
  • Looking to topple Pfizer’s Prevnar 13 dynasty, Merck claims another win for its ‘breakthrough’ pneumococcal conjugate vaccine (Endpoints) (Press)
  • Purdue executive Richard Sackler cast blame on opioid victims, old emails show (CBS) (AP)
  • Sacklers Discussed Selling Purdue in 2000 (WSJ)
  • Bausch Health shares jump after the company, formerly Valeant, raises outlook (CNBC)
  • The Money And Politics Of Prescription Drugs: What You Need To Know (KHN)
  • Drug Industry Patents Go Under Senate Judiciary Committee’s Microscope (KHN) (STAT)
  • Silicon Valley’s health-tech start-ups need to stop getting in so much trouble (CNBC)
In Focus: International
  • In Canada, a little-known drug regulator shows its teeth (Reuters)
  • WHO experts recommend ramping up Ebola vaccine after Congo cases surge (Reuters)
  • Clashes in Ebola-affected Congo city kill at least nine (Reuters)
  • Drug buying plan leaves hundreds without HIV treatment in Mexico (Thomson Reuters)
  • AstraZeneca-Daiichi breast cancer treatment shows promise in latest study (Reuters) (Endpoints)
  • Pfizer scores conditional European approval in ALK-positive lung cancer with Lorviqua (Pharmafile)
  • Akcea gets first OK for Waylivra in rare triglyceride disorder (PMLive)
  • EMA Chief Says Brexit Has Impaired Ability To Support R&D (Pink Sheet-$)
  • Bubonic Plague Strikes In Mongolia: Why Is It Still A Threat? (NPR)
  • Cholera, more civilian casualties feared in Libya: WHO (Reuters)
Pharmaceuticals & Biotechnology
  • Pfizer Calls for Compromise on Retroactively Using Suffixes in Biologic Names (Focus)
  • BioNTech snaps up struggling MabVax's lead asset, labs, eyeing San Diego R&D site (Fierce)
  • Mallinckrodt stock swings up 16%, then down, after drugmaker beats earnings estimates and raises 2019 profit outlook (CNBC)
  • Health tech start-up uBiome suspends clinical operations following FBI raid (CNBC)
  • Regeneron’s star bispecific is linked to 2 deaths in a small study — which was no help for its Q1 call (Endpoints)
  • Bicycle Therapeutics enters dementia discovery with venture capital fund (PMLive)
  • Whole-Genome Sequencing Plus AI Yields Same-Day Genetic Diagnoses (NIH)
  • Laura Jacobus hopes to provide her newly approved drug at ‘little or no’ cost to patients (STAT)
  • Oh My Gut! Allergan and Ironwood's IBS-C push links patients to telemedicine (Fierce)
  • Epigenetic route to recovery for spinal cord injury (Nature)
  • Prioritizing synthetic lethal targets with functional genomics (Nature)
  • Bristol-Myers Squibb Company Prices $19 Billion of Senior Unsecured Notes (Press)
  • All To Play For: CAR-T Specialist Celyad’s Big Year (Scrip-$)
  • Complex Generic Mid-Cycle Meetings: US FDA Suggests Taking The Date Offered (Pink Sheet-$)
  • Resubmission After Withdrawal: US FDA’s Mavenclad Approval Acknowledges Long Regulatory History (Pink Sheet-$)
  • ‘It is a bit uncomfortable’: Before the criminal allegations, an awards program honored Insys and Theranos (STAT)
  • Sarepta goes back to the gene therapy well at Nationwide Children’s for its latest muscle-wasting program (Endpoints)
  • Tillman Gerngross isn’t out to impress you with biobucks, but here are 3 partner deals that should (Endpoints)
  • FDA Warns French Drugmaker Over GMP Concerns (Focus)
Pharmaceuticals & Biotechnology: Study Results, Filings & Designations
  • Eli Lilly's Emgality shows positive Phase 3 results in treatment of migraine (Pharmafile)
  • Isofol Reports 58 % Overall Response Rate in Patients with Metastatic Colorectal Cancer in Phase 1/2a Open Label Extension Study with Arfolitixorin (Press)
  • Neuropore Initiates Phase 1 Clinical Trial in Healthy Volunteers with NPT520-34, a Therapeutic Candidate Aimed at Treating Parkinson’s Disease and Amyotrophic Lateral Sclerosis (Press)
  • Roche to present new OCREVUS (ocrelizumab) data analyses showing significant reduction of disability progression in relapsing and primary progressive multiple sclerosis at the AAN Annual Meeting (Press)
Medical Devices
  • New Regs, New Tech Bring New Medical Device Cyber Liability (Law360-$)
  • Connected medical device design for the Internet of Things (Emergo)
  • Penumbra tops estimates with Q1 results, guides to high end of sales forecast (MassDevice)
  • Judge orders Otto Bock to sell top U.S. microprocessor knee competitor (MassDevice)
  • Experimental Surgery Gains Support as Opioid Deaths Rise (AP)
  • FDA Finalizes Two Guidances to Align X-Ray Imaging Devices With International Standards (Focus)
  • FDA Accepts Recros Medica De Novo Submission for Nuvellus™ Focal Contouring System (Press)
  • FDA clears mobile AI platform for heart murmur screening (mobihealthnews)
US: Assorted & Government
  • Bipartisan pair of senators urges Barr to defend ObamaCare in court (The Hill)
  • Buffett: ‘No guarantee of success’ with Haven health venture (CNBC)
  • Feds Want To Show Health Care Costs On Your Phone, But That Could Take Years (KHN)
  • Trump ‘conscience’ rule for medical providers facing legal challenge in California (CNBC)
  • Presidential hopeful Sen. Elizabeth Warren unveils $100 billion plan to combat the opioid epidemic (CNBC)
  • FTC Would Get Green Light To Go After Patent Thickets Under Bipartisan Senate Bill (Pink Sheet-$) (Politico)
  • Denver on track to reject 'magic mushroom' legalization (Reuters)
  • California cites Cardinal Health for shipping controlled substances to a dead pharmacist (STAT)
  • Insys Jurors Say They Thought Execs Were Guilty Early On (Law360-$)
  • And if They Don’t Dance, Well They’re No Friends of Mine – And They’ll Probably Get Sued (FDA Law Blog)
  • Fraudulently Joined at the Hip (Drug & Device Law)
  • Thermolife Int'l LLC v. GNC Corp. (Fed. Cir. 2019) (Patent Docs)
Upcoming Meetings & Events Europe
  • Brexit: The bigger picture—Rethinking supply chains in a time of uncertainty (McKinsey)
  • Lupin gets more time from govt to complete project in Indore SEZ (Economic Times)
  • Company led drug alert - Macopharma intravenous infusion bags (MHRA)
  • Parents in Germany could face $2,800 fine for failing to vaccinate children (CNBC)
India
  • Health ministry to amend Rule 96 of D&C Rules to streamline labeling requirements of iron tablets and polio drops (PharmaBiz)
  • China to offer great opportunity for Indian drug makers as Chinese govt intends to reduce healthcare costs: Experts (PharmaBiz)
Canada
  • Regulatory Decision Summary - Modification of MSM Blood Donor Deferral (Health Canada)
Regulatory Reconnaissance is our daily intelligence briefing for the regulatory affairs space, bringing you the top regulatory news stories from around the globe. Each weekday morning, we aim to bring you the latest highlights of new approvals, meetings, legal and political developments, regulations and guidance, and the latest trends with the potential to impact regulatory affairs professionals and the industry in which they work.
 
Need to contact the editor of Regulatory Reconnaissance? Email us at [email protected].
 
A story's inclusion in Regulatory Reconnaissance does not imply endorsement by Regulatory Focus or RAPS.
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