Scripps calls off controversial merger talks with USC; Rottapharm calls off IPO; Sandoz to move U.S. HQ;
@FierceBiotech: Wall Street wonders what Shire is worth. Report | Follow @FierceBiotech
@JohnCFierce: Merck vet steps in to lead Third Rock's immuno-oncology upstart. Item | Follow @JohnCFierce
@DamianFierce: $SRPT and DMD docs are upbeat on 144-week eteplirsen data, but shares are down about 10%. Article | Follow @DamianFierce
@EmilyMFierce: Faculty calls for removal of Scripps' leader amid USC merger talks. FierceBiotech Research story | Follow @EmilyMFierce
Facing some stiff opposition from staff scientists, Scripps Research Institute has called off talks with USC about a possible merger. The talks were triggered by a large operating deficit and declining NIH grants, a trend that has rattled a number of top research centers. But Scripps faculty responded to the prospect of a merger by calling for the ouster of President Michael Marletta, saying that they've lost confidence in his leadership abilities. Release
Italy's Rottapharm Madaus has scrapped plans for an IPO, responding to a dwindling appetite for new offerings and a full banquet to choose from. Story
Sandoz is moving to a new U.S. base in New Jersey, taking over a building vacated by Novo Nordisk ($NVO) a year ago. Story
Medical Device News
@FierceMedDev: We're looking for the fiercest companies in med tech for our 2014 Fierce 15 awards. More details here | Follow @FierceMedDev
@StacyALawrence: Zimmer, Biomet hit regulatory speedbump in pending merger. Story | Follow @StacyALawrence
@VarunSaxena2: JAMA study adds to robotic surgery safety concerns. Article | Follow @VarunSaxena2
@MichaelGFierce: MIT, MicroCHIPS develop remote-controlled contraceptive with on-off delivery. FierceDrugDelivery story| Follow @MichaelGFierce
@EmilyWFierce: FDA laid out its new strategic plan for developing therapies for rare childhood diseases. PMLiVE article | Follow @EmilyWFierce
USGI Medical fills enrollment for pivotal U.S. study of its incisionless, endoscopic weight loss procedure. Story
FDA clears oral sleep apnea device as search for alternatives to CPAP therapy continues. Report
Gynesonics aims for $35M for minimally invasive uterine fibroid device. Article
Pharma News
@FiercePharma: ICYMI: This week's issue of FiercePharmaMarketing. Report | Follow @FiercePharma
@EricPFierce: Health Canada tells GSK to get its vaccine house in order as flu season approaches. More | Follow @EricPFierce
@CarlyHFierce: M&A spotlight: Allergan plots cost cuts to ward off Valeant, AbbVie may have to raise Shire bid--again. Story | Follow @CarlyHFierce
NICE likes Lundbeck's alcohol-addiction drug Selincro. Article
Insurers balk at pricey generic version of ancient GSK heart drug. Story
Vaccines News
U.S. bioterror readiness highlighted after NIH smallpox discovery. Article
Could soaring vaccine prices spark Sovaldi-style payer pushback? Story
No link between Merck's Gardasil and blood clots, study says. Item
Report: Manufacturing, logistical challenges to weigh down cancer vaccine market through 2022. More
Canada gives GSK 30-day deadline for turnaround plans at FluLaval plant. Article
Pharma Manufacturing News
Report: Dendreon's costly manufacturing casts doubt on cancer vax viability. Article
Portfolio trimming by generic manufacturers linked to soaring drug costs. Item
Global CMOs tipped to enter Russia as local drug production deadline nears. Story
Serum Institute allies with biotech in bid to cut cost of biosimilar production. More
India faces higher QC costs as Shasun shows value of compliance. Article
U.K. commits cash to $24.7M industry-focused formulation center. Story
Summary
@FierceBiotech: Wall Street wonders what Shire is worth. Report | Follow @FierceBiotech @JohnCFierce: Merck vet steps in to lead Third Rock's immuno-oncology upstart. Item | Follow @JohnCFierce...