Health Headlines: Pharma Collaborations, Regulatory Holds, and Market Shifts
Recent health news highlights partnerships between WuXi AppTec and the Chinese military, FDA holds on Biomea's diabetes trials, approval of Geron's blood disorder drug, bird flu outbreaks in the U.S. and Australia, competition in the diabetes and weight loss drug markets, and AbbVie's dominance with Humira amidst biosimilar competition.
Following is a summary of current health news briefs.
Staff at drugmaker under U.S. scrutiny worked with Chinese military scientists
Employees of drugmaker WuXi AppTec, under U.S. scrutiny for its links to the Chinese military, co-invented altitude sickness treatments with People's Liberation Army (PLA) scientists, according to public patent records and science papers reviewed by Reuters. The news agency identified 10 patent filings that list six of WuXi AppTec's staff as co-inventors of altitude sickness drugs with six scientists from the PLA General Hospital in Beijing - China's top military medical school and research centre. The filings, which Reuters is reporting for the first time, were made in the U.S., Europe and China between 2018 and 2023.
U.S. FDA places hold on Biomea's diabetes trials
Biomea Fusion said on Thursday the U.S. Food and Drug Administration had placed a clinical hold on its ongoing mid stage studies of its experimental drug for type 1 and 2 diabetes, sending its shares down 55.7% in extended trade. (This story has been corrected to change 'trial' to 'trials' in the headline and 'study' to 'studies' in paragraph 1)
Geron shares surge after U.S. FDA approves blood disorder drug
Shares of Geron rose more than 16% on Friday before markets opened, a day after the biopharmaceutical company got its first approval from the U.S. Food and Drug Administration for its blood disorder drug Rytelo. The injectable drug will compete with Bristol Myers Squibb's Reblozyl, which received a label expansion green light by the regulator last year for the same disease indication.
Bird flu outbreak reported in Minnesota dairy herd, the state's first
The ongoing U.S. outbreak of avian flu in dairy cattle reached Minnesota on Thursday as the state announced its first infected herd. More than 80 dairy herds have been infected with the virus across 11 states since late March, and three dairy workers have tested positive for the virus.
Novartis, Roche unit and others face Italy antitrust probe over eye drug
Italy's antitrust regulator said on Thursday it had launched an investigation into pharmaceutical companies including Novartis and Roche-controlled Genentech for having potentially restricted competition in the sale of an eye drug. Biopharma developer Samsung Bioepis, biotechs Biogen and Genentech, and Novartis, and some of their Italian, Dutch and UK units, allegedly coordinated their commercial strategies to delay the launch in Italy of Byooviz, a drug made with ranibizumab and developed and sold by Samsung Bioepis, the watchdog said in a statement.
US FDA staff raise no major concerns about Eli Lilly Alzheimer's drug
An FDA analysis of trial data for Eli Lilly's experimental Alzheimer's drug donanemab released on Thursday revealed no red flags, but raised questions about safety of the treatment for patients with early-stage disease. The drug is a potential rival to Eisai and Biogen's Leqembi, which won approval last July.
H7 bird flu hits another Australian poultry farm in quarantine zone
A fifth poultry farm near Melbourne has been infected with a highly pathogenic strain of avian influenza, the government of Australia's Victoria state said on Friday. The farm is close to three others where an H7N3 strain of the flu had already spread and authorities said the latest detection was not unexpected.
Novo Nordisk braces for generic challenge to Ozempic, Wegovy in China
Novo Nordisk is facing the prospect of intensifying competition in the promising Chinese market where drugmakers are developing at least 15 generic versions of its diabetes drug Ozempic and weight loss treatment Wegovy, clinical trial records showed. The Danish drugmaker has high hopes that demand for its blockbuster drugs will surge in China, which is estimated to have the world's highest number of people who are overweight or obese.
Exclusive-Cows infected with bird flu have died in five US states
Dairy cows infected with avian flu in five U.S. states have died or been slaughtered by farmers because they did not recover, state officials and academics told Reuters. Reports of the deaths suggest the bird flu outbreak in cows could take a greater economic toll in the farm belt than initially thought. Farmers have long culled poultry infected by the virus, but cows cost much more to raise than chickens or turkeys.
AbbVie's tight grip on Humira market raises concerns about biosimilars
AbbVie's top-selling arthritis drug Humira has held onto more than 80% of patients after facing nine lower-priced rivals in the U.S. in the last year, raising questions about whether the market for prescription biosimilars can survive in its current form, drug pricing experts and analysts say. Humira, which lists for almost $7,000 a month, is the first top-selling drug to compete with a slew of biosimilars, which are close but not exact copies of branded biologic medicines.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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