Top news from MedWatch this week

News about Lundbeck, Eli Lilly, Bavarian Nordic, GN Hearing, Genmab, Abbvie, Fujufilm Diosynth Biotechnologies, Coloplast & Novo Nordisk.

by MIKKEL AABENHUS HEMMINGSEN

Mandag

Deborah Dunsire steps down as CEO of Lundbeck

Lundbeck chair confirms: Deborah Dunsire was dismissed

Deborah Dunsire leaves Lundbeck after five years with one launch and a more padded pipeline

Lilly’s Mounjaro gives positive results in obese diabetic people

Eli Lilly boasts big weight-loss in study of GLP-1 tablet

Tuesday

Lundbeck board denies debated bonus scheme for incoming CEO

Lundbeck chair points to incoming CEO’s biggest challenge: patent expiration

Jefferies: Eli Lilly shows ”noteworthy” weight reduction with next-generation obesity drug

Bavarian Nordic: Covid vaccine unlikely to be approved based on primary endpoints

Wednesday

GN inks divestment agreement in Portugal

Genmab and AbbVie present positive topline data from cancer drug trial in new indication

Analyst: Epcoritamab topline data is quite impressive

Thursday

Eli Lilly to acquire diabetes-focused biotech company

Fujifilm Diosynth Biotechnologies appoints COO as CEO

Competition council forces Coloplast to adjust prices in Denmark

Friday

Novo to focus more on the US: Europe is already ten years behind

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Former Demant Executive Vice President Arne Boye Nielsen was found responsible for creating an "unsafe psychological work environment" in an internal legal investigation. | Foto: Demant / Pr

Hearing health

Demant Foundation continues to work with ousted Demant executive

While the findings of a legal investigation were so serious that a Demant executive was fired, the majority owner of the hearing aid company subsequently elected him to several boards.

Sacked Demant executive receives USD 2.6 million golden handshake

Demant Board has "full confidence" in management's handling of unsafe work environment

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Hearing health

CHMP recommends ten new medicines in June

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Foto: George Frey/Reuters/Ritzau Scanpix

Pharma & biotech

Cosmetic Ozempic use under fire in EU amid drug shortages

Regulation

CHMP recommends conditional approval for Genmab and Abbvie's epcoritamab

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Pharma & biotech

Pharmacosmos calls off the hunt for investors

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Pharma & biotech

Novo to limit Wegovy’s China launch to avoid global disruption

Analyst on Novo Nordisk writedown: "It is a reminder of the risks"

On Wednesday, Novo Nordisk made a write-down of DKK 5.7bn (USD 817m) after a failed study.

Novo Nordisk snaps up partner's hemophilia candidate and gene editing technology

A five-year collaboration is coming to an end as Novo Nordisk has decided to acquire a drug candidate and gene technology from its former partner.

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Bavarian Nordic expects Jynneos to be fully effective against new mpox variant

Bavarian Nordic’s vaccine Jynneos is the only approved vaccine against the disease mpox.

Novo Nordisk implements hiring freeze in certain departments

Since 2021, Novo Nordisk has increased its number of employees by 20,000 to total 66,000.

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Foto: Medwatch/photo by Ulrich Quistgaard

Genmab cancer drug approved in new indication in US

Epkinly has become the first and only subcutaneously administered T-cell engaging bispecific antibody approved in the US for the treatment of this patient population.

Novo Nordisk blood pressure candidate ends in USD 817m flop

Novo Nordisk acquired ocedurenone from KBP Biosciences in 2023.

Novo Nordisk implements hiring freeze in certain departments

Since 2021, Novo Nordisk has increased its number of employees by 20,000 to total 66,000.

For subscribers

Hearing health

Demant Foundation continues to work with ousted Demant executive

While the findings of a legal investigation were so serious that a Demant executive was fired, the majority owner of the hearing aid company subsequently elected him to several boards.

For subscribers

Pharma & biotech

Cosmetic Ozempic use under fire in EU amid drug shortages

The success of Novo Nordisk’s Ozempic and Wegovy as well as blockbuster shots made by rival Eli Lilly has left some patients with diabetes struggling to continue their treatment.

Pharma & biotech