1. Pink Sheet

Xenon Feels No Pain After $41M Upfront From Teva

 
• By Lisa LaMotta

Teva and Xenon collaborate to develop the Canadian company’s lead pain product; the deal could net Xenon as much as $376 million and will fit snugly into the Israeli company’s new focus.

On the same day that it announced a shift in its corporate strategy, Teva Pharmaceutical Industries Ltd. struck a deal for the global rights to Xenon Pharmaceuticals Inc.’s pain drug XEN-402.

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• By Nielsen Hobbs

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Brazil Pilots Digital Drug Pack Inserts

 
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Japan Looks To Build Domestic Capacity In New Modalities

 
• By Lisa Takagi

Japan's trade ministry is providing new support to build domestic capacity for new modalities including cell and gene therapies, as part of wider efforts to support the national bioventure ecosystem.

GLP-1 Drug Coverage Growing For Obesity In Medicaid, But Only For Diabetes In Medicare

 
• By Cathy Kelly

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US FDA Allows Telework For Reviewers As Companies Detail Layoff-Related Problems

 
• By Derrick Gingery

The new telework policy returns to the pre-COVID-19 pandemic standard, but still requires reviewers to be at White Oak for sponsor meetings and divisions to have an in-office presence every day.