The BIOSECURE Act's momentum may significantly raise drug development costs as U.S. companies reduce reliance on Chinese CDMOs like WuXi AppTec. The Act will restrict federal funding for biotech equipment and services from certain Chinese firms, pushing U.S. pharma companies to explore more expensive alternatives outside of the region, which could result in more complicated supply chains and increased expenses, particularly for small-to-mid-sized biotech's.

GLP-1 drugs - Ozempic, Wegovy, Mounjaro and others - first attracted attention for their ability to manage and aid weight loss in diabetes patients. With such profound results, the drugs soon found Hollywood notoriety, before becoming popular with everyday users looking to fast track their weight loss efforts. Unsurprisingly, expenditure of semaglutide - the active ingredient in these medications - reached $38.6bn in 2023.

Roche has received CE mark approval for its AI-enabled Accu-Chek SmartGuide continuous glucose monitoring (CGM) system, designed for adults with type 1 and type 2 diabetes on flexible insulin therapy. The system, which features a 14-day wear time and a one-step application process, uses predictive AI to provide real-time glucose predictions and assess hypoglycemia risk with clinical evaluations showing high accuracy, with 99.8% of glucose values within acceptable zones.

The FDA has issued a Complete Response Letter (CRL) to AbbVie for its Parkinson’s treatment ABBV-951 due to issues with a third-party manufacturer. The regulator did not highlight safety or efficacy concerns with the drug or its administration device.

Novo Nordisk has gained approval from China’s National Medical Products Administration (NMPA) for its obesity drug Wegovy, which will be marketed as NovoCare in China and consisting of the same compound, semaglutide, as that used in Ozempic.

The FDA has broadened the label for Sarepta Therapeutics’ Elevidys - a gene therapy for Duchenne muscular dystrophy (DMD). The therapy is now approved for all DMD patients aged 4 and older after the therapy showed meaningful clinical benefits in secondary measures, despite the trial missing its primary endpoint.

WuXi AppTec and WuXi Biologics saw significant stock gains (7% and 14%, respectively) after the BIOSECURE Act was unexpectedly excluded from the National Defense Authorization Act (NDAA). The Act, which targets foreign biotech companies over U.S. national security concerns, proposed cutting ties with certain Chinese firms by 2032.

The U.S. Federal Trade Commission (FTC) has proposed a rule change that will require pharmaceutical companies to file all pre-institution patent settlements with the Patent and Trademark Office (USPTO), with the ruling aimed at enhancing the FTC's ability to detect anticompetitive settlements that delay generic drug competition and keep drug prices high.

The FDA has introduced guidance for platform technology designations that is designed to streamline regulatory processes for biotech companies using ‘well-understood and reproducible technology’, such as specific nucleic acid sequences, vectors or delivery methods, to expedite subsequent drug applications.

In response to President Biden’s Executive Order 14081, the EPA, FDA, and USDA have jointly unveiled a plan to streamline the regulation of biotech innovations in plants, animals, and microorganisms.

The move comes amidst increasing geopolitical tensions and a U.S. biosecurity crackdown, in which it was alleged that the company transferred the data of a US client to Beijing ‘without consent’.

U.S.-based drugmaker Eli Lilly has settled with a medi spa that sold counterfeit versions of its diabetes drug Mounjaro and obesity treatment Zepbound.

The U.K.’s Medicines & Healthcare products Regulatory Agency’s ‘sandbox’, AI Airlock, will be used to create simulated environments to address regulatory challenges associated with AI as a Medical Device (AIaMD).

The FDA has approved Lumicell's LumiSystem, which combines the company’s FDA approved optical imaging agent with its direct visualization system. The imaging system will help surgeons identify residual cancer cells during breast cancer surgeries, and claims 84% diagnostic accuracy.

After multiple manufacturing setbacks, the strategic commercialization partnership has finally seen U.S. FDA approval for Simlandi, their biosimilar to Humira. Simlandi is a high-concentration biosimilar with interchangeability status for Humira (an antirheumatic drug and monoclonal antibody used to treat rheumatoid arthritis), allowing it to be substituted at pharmacies without a prescriber's approval.

The FDA has placed a clinical hold on Neumora Therapeutics' schizophrenia drug due to safety concerns identified in preclinical studies. The drug - a highly selective positive allosteric modulator of the M4 muscarinic receptor - was put on clinical hold to further investigate the safety signals that emerged during the preclinical phase, indicating potential risks that need to be addressed before continuing with human trials.

A study analysing 129 fast track cancer medication approvals between 2013 and 2023 has failed to demonstrate survival benefits after five years. The accelerated approval pathway, initially introduced to expedite treatments for urgent health crises like HIV/AIDS, has predominantly been applied to oncology drugs.

The U.S. FDA has approved Johnson & Johnson’s CARVYKTI as the first and only B-cell maturation antigen (BCMA)-targeted therapy for adult patients with relapsed or refractory multiple myeloma, based on the Phase 3 CARTITUDE-4 study results that demonstrated a 59% reduction in disease progression or death risk compared to standard treatments.

Novartis is set to expand the use of its radiotherapy drug Pluvicto to earlier stages of prostate cancer following positive survival data from its phase 3 PSMAfore trial. Originally delayed, this decision comes after new analyses showed a survival benefit, contradicting earlier data suggesting a risk increase.

The FDA has approved Basilea Pharmaceutica's Zevtera (ceftobiprole medocaril sodium) for the treatment of several bacterial infections.