Week of
May 27th
,
2024

What to watch

TwinHealth, a startup using AI and wearables to manage chronic metabolic conditions, has launched a digital twin program to treat obesity.

Merck and Kelun-Biotech reveal positive phase 3 breast cancer data from their antibody-drug conjugate.

A HIV vaccine candidate developed at the Duke Human Vaccine Institute triggered low levels of a broadly neutralizing HIV antibody in a small group of people in clinical trial.

Week of
May 27th
,
2024

Week in review

AstraZeneca lost lawsuit against Pfizer and now has to pay them $107.5 million for infringing on their patient for cancer drug Tagrisso.

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AstraZeneca has the option of buying startup SixPeaks Bio, operating in the obesity field.

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The combination of Merck KGaA's Bavencio and Pfizer's Inlyta fails the overall survival endpoint in a stage 3 trial for newly diagnosed advanced kidney cancer.

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NovoNordisk's semaglutide cut the risk of major cardiovascular events and death in phase 3 trial with patients with diabetes and chronic kidney disease.

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Boehringer Ingelheim reveals their 10-year plan and their intention to overtake Bayer as Germany's largest pharma company.

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AstraZeneca makes a $19 million deal with Nona Biosciences with the intention to create antibody-based targeted cancer treatments.

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Merck returns to the eye disease market with a $3 billion cash acquisition of EyeBio.

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AI/R&D

56%of HCPs in one study indicated that they would be interested in AI diagnostic aid tools to relieve some burden from their plates.

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Eli Lilly invests a further $5.3 billion into the production of obesity and diabetes drugs.

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Digital health company Hims & Hers plans to offer custom versions of popular weightloss shots.

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Other

Bristol Myers partners with Taye Diggs on a campaign for their new schizophrenia drug KarXT.

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Startup launches new technologies so mRNA therapies can be administered to the body and they only "turn on" when they reach the right location.

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