Sanofi is betting the genetic technology behind the fast development of two highly effective coronavirus shots last year will lead to vaccines for other viruses as well as drugs for diseases of the lung and liver, announcing Tuesday a deal to buy research partner Translate Bio for $3.2 billion.
The acquisition is the latest sign large pharmaceutical companies view messenger RNA, which BioNTech and Moderna used to create the COVID-19 vaccines now cleared for use in dozens of countries, as a crucial drugmaking platform.
Pfizer partnered with BioNTech early on in the pandemic and aims to develop mRNA vaccines for other infectious diseases, beginning with influenza. GlaxoSmithKline is working with German mRNA specialist CureVac, while the executive chairman of Novartis recently said his company was considering investment in the technology, too. READ MORE
by Ned Pagliarulo
Source: biopharmadive.com
The U.S. Patent and Trademark Office issued a patent to MedTrace for their method of diagnosing the human heart via 15O-water PET. The patented method is the foundation of the company’s software aQuant, currently under development. Hendrik “Hans” Harms, PhD and Senior Scientist at MedTrace, and Jens Soerensen, Professor and Clinical Advisor to MedTrace, are the originators of the method.
Teresa Graham, currently head of global product strategy for Roche pharma, will become the division’s new CEO next month, Roche said Thursday. Simultaneously, Roche is elevating Levi Garraway, chief medical officer, to the executive committee.
Fierce Pharma has obtained internal documents and video of a town hall meeting conducted this week describing what J&J called a “comprehensive review” of its portfolio. Moving forward, J&J plans to operate its vaccines and infectious diseases outfits as one group, the executives explained.