Top news from MedWatch this week

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by NIELSINE NIELSEN

Monday

Pharma giants see huge potential in new "super technology" for fighting a wide range of diseases

Novo Nordisk buys treatment candidate for rare disease for up to USD 1.2bn

Analyst: Biden attack on pharmaceutical industry seems symbolic

Tuesday

Experts: The world needs more than just mRNA vaccines

Janssen gets FDA approval for new Darzalex combination

Wednesday

Dane overcomes Tokyo culture shock to run Lundbeck's most successful launch

Thursday

Genmab surpasses 1,000 employees

Billionaire Moderna founder and world's most cited engineer sees "pretty unlimited" potential in mRNA

Friday

With launches on the way in the US and EU, MC2 turns attention to the rest of its pipeline

GN Hearing shrinks again and Denmant's growth proves short-lived on VA channel

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EU Health Commissioner Stella Kyriakides has received an open letter from trade association Medtech Europe and 34 national organizations. | Foto: Julien Warnand/AP/Ritzau Scanpix

Other

European trade association calls for comprehensive reform of MDR and IVDR

Medtech Europe considers EU regulations to be unpredictable, complex and slow.

For subscribers

Pharma & biotech

Kåre Schultz: Former chairman of Novo Nordisk Foundation cost me the job as Novo Nordisk CEO

For subscribers

Søren Nielsen, CEO of hearing aid company Demant. | Foto: Demant / Pr

Hearing health

Jyske Bank questions Demant's continued momentum

For subscribers

Foto: Jim Vondruska/Reuters/Ritzau Scanpix

Pharma & biotech

Third time's the charm: Novo Nordisk makes new bid to get obesity drug reimbursed in Danish home market

For subscribers

Novo Nordisk Foundation's investment company, Novo Holdings, together with Gurnet Point Capital, has completed the acquisition of the US biotech company Paratek for USD 462 million including debt corresponding to DKK 3.2 billion. | Foto: Novo Holdings / Pr

Pharma & biotech

Novo Holdings completes acquisition of US antibiotics company for DKK 3.2bn

For subscribers

Pharma & biotech

Leo acquisition negotiated with four suitors while struggling to survive

For subscribers

Jefferies on Novo Nordisk: Little risk of semaglutide patent dispute - but could raise concerns
The actual risk of competition from generic drugs is limited, according to Jefferies analyst, although pharmaceutical company Viatris is challenging patents related to Novo Nordisk’s semaglutide.
For subscribers
Media: Issues at Novo Nordisk factory have been known for more than a year
Already in May of last year, the FDA released a report documenting quality control failures at Novo Nordisk’s factory in Clayton, USA, Reuters reports. (Updated)
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Novo Nordisk and UNICEF extend joint initiative to combat childhood obesity
As part of the extended agreement, Novo Nordisk will invest USD 8m over the next three years.
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Board member appointed as new CEO of Orphazyme
The biotech company prepares new activities.
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Eli Lilly sues clinics for selling fake diabetes drug
Novo Nordisk was also out in force in June.
For subscribers
Media: This is why the FDA has reprimanded Novo Nordisk following US plant inspection
Inadequate oversight of batch deviations and messy microbial controls are the cause of an FDA Form 483 for a Novo Nordisk plant in the US, reports media outlet Fierce Pharma.
For subscribers

Kåre Schultz: Former chairman of Novo Nordisk Foundation cost me the job as Novo Nordisk CEO

The former chairman of the Novo Nordisk Foundation, Sten Scheibye, however, says that he does not recognize this interpretation.

For subscribers

Pharma & biotech

After two years of losses Leo Pharma is on track to profitability

The pharmaceutical company is on track to deliver on the big goal: to become profitable by 2023.

For subscribers

Other

European trade association calls for comprehensive reform of MDR and IVDR

Medtech Europe considers EU regulations to be unpredictable, complex and slow.

For subscribers

Novo Nordisk's manufacturing facility in Clayton, the US. | Photo: Novo Nordisk/pr

Pharma & biotech

Novo Nordisk facility in the US allegedly receives FDA notice

The FDA has reportedly notified the company’s management of problematic conditions.

For subscribers

Hearing health

Jyske Bank questions Demant's continued momentum

With increasing competition in the hearing aid market, Jyske Bank analyst Janne Vincent Kjær does not expect Demant to continue its strong momentum into 2024.

For subscribers

Pharma & biotech

Leo Pharma goes hunting with the help of banks and owners

The money comes from Leo Pharma’s bankers and the ownership in the form of the Leo Foundation and Nordic Capital.

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Top news from MedWatch this week

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Front page now

European trade association calls for comprehensive reform of MDR and IVDR

Kåre Schultz: Former chairman of Novo Nordisk Foundation cost me the job as Novo Nordisk CEO

Jyske Bank questions Demant's continued momentum

Third time's the charm: Novo Nordisk makes new bid to get obesity drug reimbursed in Danish home market

Novo Holdings completes acquisition of US antibiotics company for DKK 3.2bn

Leo acquisition negotiated with four suitors while struggling to survive

Jefferies on Novo Nordisk: Little risk of semaglutide patent dispute - but could raise concerns

Media: Issues at Novo Nordisk factory have been known for more than a year

Novo Nordisk and UNICEF extend joint initiative to combat childhood obesity

Board member appointed as new CEO of Orphazyme

Eli Lilly sues clinics for selling fake diabetes drug

Media: This is why the FDA has reprimanded Novo Nordisk following US plant inspection

Further reading

Kåre Schultz: Former chairman of Novo Nordisk Foundation cost me the job as Novo Nordisk CEO

After two years of losses Leo Pharma is on track to profitability

European trade association calls for comprehensive reform of MDR and IVDR

Novo Nordisk facility in the US allegedly receives FDA notice

Jyske Bank questions Demant's continued momentum

Leo Pharma goes hunting with the help of banks and owners

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