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MedWatchWednesday4 October 2023

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MedWatchWednesday4 October 2023

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Pharma & biotech
Medtech
Hearing health
Regulation
Other

Top news from MedWatch this week

News about Lundbeck, Cochlear, Coloplast, Leo Pharma, Novo Nordisk, Eli Lilly, GN Hearing, Bavarian Nordic, ALK, Bayer, Gubra, Recipharm.

Photo: MedWatch

by MIKKEL AABENHUS HEMMINGSEN

Monday

Resignation leaves Lundbeck without women in group management

Cochlear bags unprecedented revenues, guides for even better 2024

Tuesday

Coloplast closes book on lengthy lawsuit: ”It has cost way, way too much money”

Leo Pharma acquires US biotech Timber Pharmaceuticals

US wholesalers struggle with costly logistics for GLP-1 products

Wednesday

GN’s online US store is booming - but still losing millions

Bavarian Nordic bats its eye at travel vaccines on RSV flop

Thursday

ALK CEO Carsten Hellmann on resignation: ALK is more important than me

New ALK CEO takes over on November 1st

Novo Nordisk can’t keep up with German Wegovy demand

Bayer scraps collaboration with Danish biotech company Gubra

Coloplast launches first laser product to grind kidney stones to dust

Friday

Problems for Swedish CMO prompts ALK to revise guidance

Lundbeck executive dismisses stark criticism of growth hope

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Front page now

Photo: Staff/Reuters/Ritzau Scanpix

Pharma & biotech

Novo Nordisk suffers Wegovy defeat to Viatris in patent court

It is the copy producer Viatris that has challenged three of the patents behind Novo Nordisk’s GLP-1 molecule Semaglutide.

Novo Nordisk's semaglutide to be studied for positive effect on alcoholics
FDA approves Novo Nordisk drug to treat rare condition

Foto: Mike Blake

Pharma & biotech

Eli Lilly's head of diabetes and obesity retires

For subscribers

Pharma & biotech

DNB expects ALK's tablet sales to recover in 2024

For subscribers

Karin Absalonsen, now-former chairperson of Immunitrack and partner at Hannibal Innovation | Foto: Pr

Pharma & biotech

Eli Lilly makes acquisition in Denmark: Takes over company with 12 employees

For subscribers

Photo: Novo Nordisk / Pr

Pharma & biotech

Pharmaceutical industry to grow 4% annually towards 2030

For subscribers

Foto: Stine Bidstrup

Pharma & biotech

Zealand Pharma CEO: "We've never been stronger"

For subscribers

Investment bank: Novo Nordisk's patent victory is a small win as price negotiations loom
The market’s attention is more focused on public health insurance Medicare’s new price negotiations under the so-called Inflation Reduction Act.
For subscribers
FDA approves Novo Nordisk drug to treat rare condition
The marketing authorization applies to children and adolescents aged 9 years and older, as well as adults with ”relatively” preserved kidney functions.
For subscribers
Fujifilm expands management with former Leo executive
The contract manufacturer has hired a chief people officer with immediate effect.
For subscribers
Low share price may knock Galecto off the stock exchange
Nasdaq has requested that the biotech company raise its share price to above USD 1.
For subscribers
Snack maker keeps an eye on Novo Nordisk's obesity drug
”As with anything that could potentially impact our business, we’re looking at it,” says the former Kellogg’s CEO.
Olympus appoints new chief medical officer
The new medical director is brought in from Medtronic.
For subscribers

Further reading

Foto: Mike Blake

Pharma & biotech

Eli Lilly's head of diabetes and obesity retires

Mike Mason announces that he will retire at the end of the year after 34 years with the company.

For subscribers

Novo Nordisk's manufacturing facility in Clayton, the US. | Foto: 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

Karin Absalonsen, now-former chairperson of Immunitrack and partner at Hannibal Innovation | Foto: Pr

Pharma & biotech

Eli Lilly makes acquisition in Denmark: Takes over company with 12 employees

The amount of cash that Eli Lilly had to fork out to gain dominion of Immunitrack has been kept under wraps.

For subscribers

Foto: Staff

Pharma & biotech

Novo Nordisk to sell Wegovy in the UK at a fraction of the US price

The price of weight loss drug Wegovy in the UK is completely different price than the in the US.

For subscribers

Foto: Alexander Heinl/AP/Ritzau Scanpix

Pharma & biotech

Novo Nordisk's semaglutide to be studied for positive effect on alcoholics

Previous studies have shown that alcohol cravings disappeared when people were treated with GLP-1 agonist exanatide.

For subscribers

Foto: Tom Little

Pharma & biotech

FDA approves Novo Nordisk drug to treat rare condition

The marketing authorization applies to children and adolescents aged 9 years and older, as well as adults with ”relatively” preserved kidney functions.

For subscribers

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Latest news

Novo Nordisk suffers Wegovy defeat to Viatris in patent court –
Pharmaceutical industry to grow 4% annually towards 2030 –
Zealand Pharma CEO: "We've never been stronger" –
Eli Lilly's head of diabetes and obesity retires –
DNB expects ALK's tablet sales to recover in 2024 –
Eli Lilly makes acquisition in Denmark: Takes over company with 12 employees –
Investment bank: Novo Nordisk's patent victory is a small win as price negotiations loom –
Novo Nordisk's semaglutide to be studied for positive effect on alcoholics –
Olympus appoints new chief medical officer –
Low share price may knock Galecto off the stock exchange –

Jobs

Project Director, HR & ESG
Senior Analytical Scientists
QA/RA Manager
Supply Value Stream (SVS) Project Manager
Scientist - Bioanalysis, Biologics
Clinical Supply Manager
Senior Legal Councel
Senior QA Specialists (GMP or GCP)
Senior CMC Specialist, Upstream Processing, Genmab
Clinical Trial Manager
Qualified Person to AJ Vaccines
Audit & Supplier Manager
Director, Head of Antibody Technology
VP of Software Development, Perfusion Tech
Chemist for Incoming Materials in QC department
Global Medical Manager
Discovery Project Leader, Principal Scientist

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Mikkel Aabenhus Hemmingsen

mah@medwatch.dk

Tel.: +45 3330 8387

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