Articles

  • 5 days ago | emarketer.com | Beth Snyder Bulik

    The news: BioNTech is partnering with Bristol Myers Squibb to develop and commercialize a new cancer drug candidate in a sought-after treatment class. What’s driving it: The deal reinforces growing interest in a new type of cancer drug that combines two existing immunotherapy approaches: PD-1/PD-L1 (like Merck’s Keytruda and Bristol Myers Squibb’s Opdivo) and VEGF (like Genentech’s Avastin).

  • 1 week ago | emarketer.com | Beth Snyder Bulik

    The news: The Trump administration cancelled Moderna’s more than $760 million contract to develop mRNA-based pandemic vaccines. Zooming in: Moderna won $590 million in funding under the Biden administration in January for research on its bird flu vaccine, plus expanded clinical trials for pandemic influenza. The cancelled work includes an initial $176 million grant last July for the bird flu research.

  • 2 weeks ago | emarketer.com | Beth Snyder Bulik

    The news: Medtronic is spinning off its $2.8 billion diabetes business into a standalone direct-to-consumer company for its insulin pump and continuous glucose monitor (CGM) devices. Zooming out on the diabetes tech market: Diabetes device competitors Abbott and Dexcom market CGMs while Tandem Diabetes Care and Insulet sell insulin pumps. But after the spinoff, only Medtronic will make both the insulin pumps that deliver medication and the CGMs that monitor blood sugar changes.

  • 2 weeks ago | emarketer.com | Beth Snyder Bulik

    The news: The Trump administration added new details to its plan to lower US prescription drug costs by matching global prices, as a bipartisan Congressional effort for similar legislation gets underway.

  • 3 weeks ago | emarketer.com | Beth Snyder Bulik

    The news: Biotech and pharma companies are considering moving early-stage clinical trials out of the US in response to the Trump administration's health funding cuts. Concerns over slowed drug development have some companies considering “Europe first” experimental testing, per Reuters. Other biotechs are exploring the UK and Australia for early-stage studies, per Endpoints News.

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