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Healthcare Industry News Weekly Wrap-Up: August 12, 2021

Healthcare Industry News Weekly Wrap-Up: August 12, 2021

Samantha Armstrong
Weekly Wrap-Up
August 12, 2021

// Biotech and Pharma Therapeutics

Roche snags coveted Polivy win in newly diagnosed lymphoma. But is it enough to change 2 decades of established treatment practices?

August 9, 2021 / Antibody Drug Conjugates / Cancer Drugs / Combination Therapy / Lymphoma

After two years of meager sales for Polivy, Roche is trumpeting a much-coveted clinical win that could open up a blockbuster market for the drug. Still, questions remain about the exact size of the opportunity.

Read on Fierce Pharma
Pfizer and BioNTech Covid-19 vaccine to hit 4 billion doses in 2022

August 10, 2021 / Pfizer / BioNTech / Covid-19 / Vaccine 

Pfizer and BioNTech are lining up orders of their Covid-19 vaccine for next year and beyond, predicting total capacity in 2022 to rise to 4 billion doses. 

Read on BioPharma Reporter
Appia partners with Kite to develop cell therapies for blood and bone cancers

August 10, 2021 / Appia / Kite / Cell Therapies / Blood Cancer / Bone Cancer

The deal, which could be worth up to $875 million, will see Appia responsible for preclinical research of two hematopoietic stem cell (HSC) derived chimeric antigen receptor-engineered invariant natural killer T (CAR-iNKT) product candidates manufactured with CARs provided by Kite.

Read on Pharmafile
FDA Approves GHB , a ‘Date Rape’ Drug, for Rare Sleeping Disorder

August, 2021 / FDA / GHB / Drug Development / Jazz Pharma / Narcolepsy

Jazz Pharmaceuticals brought in more than $1.7 billion last year selling GHB to narcolepsy patients. With the new approval, sales could soar. 

Read on The New York Time
Merck’s Best Seller Racks Up Another Regulatory Win

August 12, 2021 / Merck / Drug Approval / FDA 

Merck’s vaunted checkpoint inhibitor Keytruda racked up another regulatory win. On Wednesday, the U.S. Food and Drug Administration greenlit the combination of Keytruda and Eisai’s Lemvima as a first-line treatment for adult patients with advanced renal cell carcinoma (RCC).

Read on BioSpace

// 4th Industrial Revolution

Former ONC head Rucker: APIs will ‘empower totally new business models’

August 12, 2021 / API / ONC 

Dr. Don Rucker, former ONC National Coordinator for Health Information Technology, said using APIs for sharing healthcare information will “empower totally new business models” in digital health.

Read on Mobi Health News
Now Manage Pain With Virtual Reality

August 11, 2021 / Virtual Reality / Pain / XRHealth 

XRHealth is a platform that connects patients with virtual reality (VR), digital, and live physical, occupational, and speech therapy. The company has added a virtual reality option for patients with chronic pain. To bring pain management training to its platform, XRHealth partnered with Reducept, a digital pain management method powered by gamified VR and mobile device solutions. 

Read on Health Tech Insider
AI finds ‘diamonds in the rough’ among rejected residency applicants

August 10, 2021 / AI / Medical Educators

Medical educators have used machine learning to reconsider—and ultimately select—some 20 qualified residents who had been screened out by human reviewers at their institution.

Read on Health Exec
Consumer acceptance of medical AI coming into focus

August 9, 2021 / AI / Medical AI

Patients are strongly inclined to follow treatment instructions that combine innovative AI recommendations with a physician’s reassuring presence.

Read on Health Exec
Bexson Biomedical aims to extend its wearable drug delivery device to psychoactive drugs

August 11, 2021 / Bexson Biomedical / Drug Delivery Device / New Tech / Psychoactive Drugs

Santa Barbara, Calif.-based Bexson’s effort will apply its existing subcutaneous formulation technology to build several psychoactive drug scaffolds for treating mental health indications, including post-traumatic stress disorder (PTSD) and depression.

Read on Drug Delivery Business News

// Business & Markets

GentiBio raises $157M as cell therapy for immune diseases draw investor interest

August 11, 2021 / GentiBio / Cell Therapy / Immunce Diseases / Investors / Diabetes

The size of the Series A is notably large, reflecting the growing interest in using Tregs to treat diseases like Type 1 diabetes.

Read on Biopharma Dive
On Heels of $17 Billion SPAC Deal, Ginkgo Inks Collab with Synthetic Biology Firm

August 12, 2021 / SPAC Deal / Ginkgo / Antheisa

California synthetic biology firm Antheia has joined forces with Boston-based biotech company Ginkgo Bioworks to strengthen its efforts to develop and produce essential medicines to treat a wide range of diseases. 

Read on Biospace
Peter Thiel-backed ATAI launches new Salvia-focused biotech; Purdue bankruptcy trial expected to begin today — report

August 12, 2021 / ATAI / Life Sciences

ATAI Life Sciences, the Peter Thiel-backed umbrella developer of psychedelics and other drugs for mental health conditions, launched a new portfolio company Thursday.

Read on Endpoints News
Visus raises $20M ahead of data drop on rival to AbbVie prospect

August 10, 2021 / Venture Capital / Vision Restoration / AbbVie / Eyenovia

Visus Therapeutics has raised a further $20 million as it closes in on the release of midphase data on a potential treatment for age-related long-sightedness. The financing comes on the heels of phase 3 data on rival candidates in development at AbbVie and Eyenovia.

Read on Fierce Biotech
Philip Morris buys developer of inhaled heart attack drug, ramping up push into healthcare

August 10, 2021 / Heart Attack / Cardiovascular / Healthcare / Merger / Acquisitions

Philip Morris is aiming to generate more than 50% of its net revenues from smoke-free products by 2025. Vaping alternatives to cigarettes will account for some smoke-free sales, but Philip Morris wants at least $1 billion of its revenues to come from nicotine-free products. That goal has spurred a flurry of deals in the healthcare sector.

Read on MedTech Dive

// Legal & Regulatory

FDA approves new treatment for Pompe disease

August 6, 2021 / FDA / Pompe 

Patients with Pompe disease have an enzyme deficiency that leads to the accumulation of a complex sugar, called glycogen, in skeletal and heart muscles, which cause muscle weakness and premature death from respiratory or heart failure. Normally, glycogen – the stored form of glucose – breaks down to release glucose into the bloodstream to be used as fuel for the cells.

Read on World Pharma News
FibroGen Receives Complete Response Letter from the FDA for Roxadustat for Anemia of Chronic Kidney Disease

August 11, 2021 / FibroGen / FDA / Kidney Disease / Roxadustat

Roxadustat is approved in China, Japan, Chile, and South Korea for the treatment of anemia of CKD in both non-dialysis-dependent (NDD) and dialysis-dependent (DD) adult patients and has received a positive opinion from the Committee for Medicinal Products for Human Use (CHMP), the European Medicines Agency’s committee responsible for human medicines. 

Read on Drugs.com
As AbbVie and Soliton shake hands on a $550M merger, the FTC says ‘not so fast’

August 11, 2021 / AbbVie / Soliton / FTC / Merger

Back in May, AbbVie’s Allergan Aesthetics unit signed away $550 million in cash to scoop up drugmaker Soliton and its body sculpting device Resonic. Now, the FTC is requesting a bit more time to review the proposed merger.

Read on Endpoints News
More fraud, tax evasion charges for telemedicine operator tied to $784M scheme

August 11, 2021 / False Claims Act / Fraud / Lawsuits / Telehealth  

Creaghan Harry of Highland Beach, Florida, allegedly billed $784 million in false and fraudulent Medicare claims, more than $247 million of which was paid out, the DOJ wrote in a Tuesday release detailing the superseding indictment.

Read on Fierce Healthcare
AstraZeneca nabs FDA nod to challenge GSK’s Benlysta with first-in-class lupus drug Saphnelo

August 2, 2021 / Autoimmune Diseases / Drug Approval / Drug Launch / FDA Approvals

The FDA cleared AstraZeneca’s Saphnelo (anifrolumab) to treat moderate to severe systemic lupus erythematosus (SLE), the most common form of lupus, the company said Monday.

Read on Fierce Pharma

// Research & Development

Healthy ‘beige’ fat protects brain from dementia in mouse models

August 11, 2021 / Brown Fat / Dementia / Fat Cells / Obesity

Subcutaneous fat typically contains a mix of unhealthy white fat cells and “beige” adipocytes, which are similar to healthy brown fat in that they’re able to burn energy. Scientists from the Medical College of Georgia at Augusta University believe they’ve found another attribute for beige fat: It may protect against dementia.

Read on Fierce Biotech
Lonza, Sheba Medical Center Leverage Cocoon Platform for Cell Therapy

August 12, 2021 / Lonza / Medical Center / Cell Therapy

Sheba Medical Center, the largest hospital in the Middle East region, and Lonza, a global cell and gene therapy manufacturer, have treated multiple patients with CD19 CAR-T cell immunotherapy targeting B-cell malignancies, with three patients showing complete responses, and another patient is still being evaluated.

Read on Contract Pharma
‘Forced into a virtual world’: How pharma R&D bounced back from a once-in-a-lifetime pandemic

August 9, 2021 / Clinical Research / Coronavirus / Covid-19 / Drug Development

The usual stream of clinical data simply dried up as people hunkered down into their homes. Patients stopped signing up for trials. Clinic visits were canceled. Clinical researchers—crucial to every clinical trial that’s ever been run—jumped from their studies to help out in COVID clinics.

Read on Fierce Biotech
Pro-Inflammatory Gut Bacterial Molecule Targeted to Fight IBD

August 12, 2021 / OMICs / Microbiome / News

Scientists at Ben-Gurion University of the Negev (BGU) report that they are developing a novel therapeutic strategy for treating Inflammatory Bowel Diseases (IBDs) by sequestering inflammation-inducing molecules secreted by gut bacteria. The method, invented by Ehud Ohana, PhD, the department of clinical biochemistry and pharmacology at BGU, is based on findings from Ohana’s lab showing that gut levels of succinate, a metabolic molecule involved in various biochemical processes in living cells, were markedly increased in IBD, corresponding to changes in succinate-metabolizing gut bacteria.

Read on Genetic Engineering & Biotechnology News
New Study Shows That Wearable Glucose Monitors Outperform Traditional Measures

August 9, 2021 / New Study / Diabetes / 
Dexcom

We have followed the development and maturation of wearable continuous glucose monitors (CGM) solutions since 2014. In 2015, we wrote about the Animas Vibe insulin pump that connected wirelessly to a Dexcom G4 CGM. This past March we covered a new partnership between CGM developer Smart Meter and EHR software provider PointClickCare.

Read on Health Tech Insider

// Politics

Biden embraces Medicare drug price negotiation as Democrats seek to widen health coverage

August 12, 2021 / Biden / Medicare / Drug Prices / U.S. Congress

President Joe Biden embraced congressional Democrats’ broad drug pricing agenda, announcing Thursday his support for legislation that would allow Medicare to negotiate directly with pharmaceutical manufacturers and penalizing companies that raise prices faster than inflation.

Read on Biopharma Dive
US Veterans Health Administration rejects Biogen Alzheimer’s drug

August 8, 2021 / US Veterans / Biogen / Alzheimer’s 

The US Veterans Health Administration (VHA) has turned down Biogen’s Alzheimer’s drug, Aduhelm (aducanumab), opting not to include the $56,000-a-year drug on its list of approved drugs due to lack of safety and efficacy evidence.

Read on Pharma File
Senate Democrats Begin $3.5 Trillion Push for ‘Big, Bold’ Social Change

August 9, 2021 / Senate / Legislation 

A Senate budget blueprint, which Democrats hope to pass this week, would ease passage of legislation that would mark the biggest expansion of the social safety net in nearly 60 years. 

Read on The New York Times
AbbVie Acquisitions Alzheimer’s Artificial Intelligence (AI) Autoimmune Biden Biogen Cancer Cardiovascular Cell Therapy Chronic Kidney Disease Clinical Research COVID-19 Dementia Diabetes Drug Approval Drug Development Drug Pricing FDA FDA Approval Heart Attack investments Jazz Pharma Lawsuit Legislation Life Sciences Medicare Merck Mergers Narcolepsy New Tech Obesity Pfizer Telehealth US Congress Vaccine Veterans Virtual Reality
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