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How Big A Blow To Biogen Is NICE 'No' For Spinraza?

 
• By Kevin Grogan

The US biotech is aghast that the cost-effectiveness committee for England, Wales and Northern Ireland is minded to reject its effective but pricey SMA therapy which has gained blockbuster status already on strong sales elsewhere in Europe and the US.

Disappointed
Biogen feels frustration over NICE discussions

The spinal muscular atrophy (SMA) drug Spinraza (nusinersen) continues to drive revenue growth at Biogen Inc., but a likely rejection from NICE means that any contributions to sales from the countries covered by the cost effectiveness watchdog will be a long time coming.

The company and patients who suffer from the rare neurodegenerative disease have expressed disappointment over NICE's draft guidance which does...

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BIO Notebook: MFN Pricing, Next-Gen Obesity R&D, FDA’s Rare Disease Hub & Reaction To Review Program

 
• By Sarah Karlin-Smith, Mandy Jackson, and Alaric DeArment

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• By Joseph Haas

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Europe’s Drugmakers Lament EU Pharma Package

 
• By Kevin Grogan

EFPIA says reforms make the continent less attractive for innovative firms.

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China Signals Restarting IPOs For Unprofitable Biotechs

 
• By Dexter Jie Yan

The China Securities Regulatory Commission has proposed a new “growth tier” for the STAR Market of the Shanghai Stock Exchange, to reinstate the market’s listing standards for unprofitable firms.

BIO Notebook: Woodcock Calls For Doing The Right Thing, Dealmaking Remains Constrained

 
• By Mandy Jackson, Joseph Haas, and Sarah Karlin-Smith

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Syncona Looks To Go Private As Market Decline Deepens

 
• By Andrew McConaghie

While some are calling for Syncona to be wound up, the UK-based company believes many existing and new investors will back the creation of new private fund.