STAT

STAT+: Wegovy cut patients’ chances of dying from Covid-19, new analysis shows

LONDON — Novo Nordisk made worldwide headlines last year when a study demonstrated that Wegovy, its powerful and exceedingly popular weight loss medicine, helped reduce the risk of cardiovascular emergencies like heart attacks. 

LONDON — Novo Nordisk made worldwide headlines last year when a study demonstrated that Wegovy, its powerful and exceedingly popular weight loss medicine, helped reduce the risk of cardiovascular emergencies like heart attacks. 

Researchers on Friday unveiled results demonstrating another benefit that the drug offered to patients in that study: Compared to placebo, it cut the chances of dying from Covid-19 by roughly a third. 

Given that obesity is a major risk factor for severe Covid outcomes, it perhaps seems obvious that a medicine that helps people lose weight also helps protect them from the worst tolls of a SARS-CoV-2 infection. But researchers say it might not be as straightforward as that. Some studies have indicated that the drug, also known as semaglutide, bolsters the immune system, tamps down inflammation, and strengthens other organs, including the liver and kidneys, in ways that scientists are only beginning to tease out. 

Continue to STAT+ to read the full story…

7 months 2 weeks ago

Biotech, biotechnology, COVID-19, Novo Nordisk, STAT+, weight loss

STAT

STAT+: Moderna is still in a Covid hangover

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Good morning and happy Friday. We discuss a new innovative immunotherapy, and we take a look at some of the earnings highlights yesterday.

FDA approves immunotherapy for soft-tissue cancer

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Good morning and happy Friday. We discuss a new innovative immunotherapy, and we take a look at some of the earnings highlights yesterday.

FDA approves immunotherapy for soft-tissue cancer

The Food and Drug Administration has approved a T cell immunotherapy from Adaptimmune Therapeutics for a rare cancer that arises in the body’s soft tissues, extending the power of immunotherapies to difficult-to-reach sarcomas.

Continue to STAT+ to read the full story…

8 months 2 weeks ago

Biotech, Business, Pharma, The Readout, biotechnology, drug development, drug prices, Research

STAT

A potential rival for Wegovy and Zepbound enters the fray

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Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox.

Good morning! Before we get to biotech, check out STAT’s deep dive into how UnitedHealth mobilizes a massive network of physicians and milked the health care system for profit.

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8 months 3 weeks ago

Biotech, Business, Pharma, The Readout, biotechnology, drug development, drug prices, Research

STAT

uniQure shares soar on Huntington’s data

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Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox.

Good morning. It’s been a challenging time for workers in the biopharma industry. We’ve seen companies announce layoffs one after another, and people online talk about how it seems increasingly difficult to secure a new job. Read our latest on this subject below, with new numbers on the state of the job market.

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9 months 1 week ago

Biotech, Business, Health, Pharma, Politics, The Readout, Biotech, biotechnology, drug development, drug prices, drug pricing, FDA, finance, genetics, government agencies, Pharmaceuticals, Research

STAT

The biotech news you missed this week

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Hello! Hope your weekend was a blissful one. Today, we talk about AbbVie’s outsize marketing spend, see how GLP-1s are impacting cancer rates, and more.

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Hello! Hope your weekend was a blissful one. Today, we talk about AbbVie’s outsize marketing spend, see how GLP-1s are impacting cancer rates, and more.

Read the rest…

9 months 1 week ago

Biotech, Business, Health, Pharma, Politics, The Readout, Biotech, biotechnology, Cancer, drug development, drug prices, drug pricing, FDA, finance, genetics, government agencies, Pharmaceuticals, White House

STAT

STAT+: Trying to outrun her prion disease, researcher creates powerful epigenetic editor in mice

Sonia Vallabh always thought genome editing wouldn’t be an option. It was such an obvious solution that people invariably asked, “What about CRISPR?” at the end of talks. But the details never made sense.

Vallabh and her husband, Eric Minikel, scientists at the Broad Institute, have been racing to develop a treatment for prion disease, a rare form of neurodegeneration that killed her mother at age 51 and would, if left untreated, likely kill Vallabh as well. It’s an insidious disease. Although it can have several causes, in her case, a single genetic misspelling will lead neurons to produce misfolded versions of otherwise workaday proteins called prions. These mutant prions jump cell to cell, like viruses, misfolding other prions they touch and forming toxic, neuron-killing chains.

So why not use CRISPR to repair or remove the mutant gene?

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9 months 3 weeks ago

Biotech, In the Lab, biotechnology, CRISPR, gene editing, Research, STAT+

STAT

Exclusive: European VC Forbion hires Dyne CEO, expands in US

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Good morning. Read on today for some exclusive hiring news and a retraction of a high-profile paper on cancer detection.

Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox.

Good morning. Read on today for some exclusive hiring news and a retraction of a high-profile paper on cancer detection.

Read the rest…

9 months 3 weeks ago

Biotech, Business, Health, Pharma, Politics, The Readout, Biotech, biotechnology, Cancer, drug development, drug prices, drug pricing, FDA, finance, Medicare, Pharmaceuticals, Research

STAT

Intellia says its CRISPR-based therapy can be redosed

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Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox.

Good morning. It’s Wednesday, which means it’a also “The Bear” season 3 premiere day. For my Boston readers, know that Ayo Edebiri has been thinking deeply about the tragedy of the Great Molasses Flood of 1919.

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9 months 3 weeks ago

Biotech, Business, Health, Pharma, Politics, The Readout, Biotech, biotechnology, drug development, drug prices, drug pricing, FDA, finance, Pharmaceuticals, Research

STAT

STAT+: Cerevel drug for Parkinson’s disease improved symptom control in trial

Cerevel Therapeutics, a neuroscience biotech that AbbVie is acquiring, reported that its drug for Parkinson’s disease improved motor symptom control as an add-on therapy in a late-stage trial.

Cerevel Therapeutics, a neuroscience biotech that AbbVie is acquiring, reported that its drug for Parkinson’s disease improved motor symptom control as an add-on therapy in a late-stage trial.

The 27-week study found that patients taking the drug, tavapadon, on top of a common Parkinson’s treatment called levodopa, experienced 1.7 hours of improvement in “on time” without dyskinesia, which is the amount of time patients function well without involuntary movements that can be brought on by levodopa. That compared to 0.6 hours of improvement among patients taking placebo and levodopa.

This difference was statistically significant and clinically meaningful, Cerevel said in a press release Thursday. There was also a statistically significant decrease in “off time,” the amount of time patients experienced symptoms. The full results will be submitted for presentation at future medical meetings.

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12 months 4 days ago

Biotech, AbbVie, biotechnology, neuroscience, STAT+

STAT

STAT+: Boehringer Ingelheim layoffs are a sign of dysfunctional Humira biosimilar market

WASHINGTON — Boehringer Ingelheim is laying off or relocating its sales staff for its Humira biosimilar Cyltezo in a sign of how difficult it’s been to get drug middlemen to adopt less-expensive versions of the blockbuster, the company confirmed. Some employees may find positions elsewhere in the company, but they are mostly being pulled from the field.

After two decades on the U.S. market, Humira (adalimumab) last year began facing competition from multiple less-expensive biosimilar versions of the blockbuster therapy. Cyltezo is one of the only biosimilars that can be substituted for Humira at the pharmacy counter without a doctor’s permission, so it is in a better competitive position than most others. 

The price of Humira rose 470% in the 20 years following its launch in 2003 to reach upward of $84,000 annually. List prices of Humira biosimilars are as much as 85% lower

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1 year 1 week ago

Biotech, Exclusive, Pharma, Biosimilars, drug pricing, STAT+

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