@statnews reporter / damian.garde@statnews.com / Signal: damiangarde.67
queens
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Rep. Joseph Kennedy III, tasked with grilling five pharma companies at a hearing tomorrow, owns ~$1.7 million of stock in three of them statnews.com/2020/07/20/thre…
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Facebook rising 7% on the day news breaks that it spied on teens is very very Sorry To Bother You
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Blue Apron spent $144 million on marketing last year, seemingly underwriting the entire podcast industry
sec.gov/Archives/edgar/data/…
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How overturning Roe could bring about a new era of medical mistrust in the U.S. statnews.com/2022/06/29/doct…
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lazy reporters putting “$2.1 million” in their headlines when they could easily say “$425,000 per year over five years which comports with ultra-rare drug pricing, meets an independent value threshold, and presents a discount to available therapy over time”
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Hello! Not to spoil the shock but the news is that I'm leaving STAT after eight wonderful years and will soon be covering some very large drug companies with the team Bloomberg News.
A VERY special episode of the Readout LOUD with a SHOCKING ending...
Listen: Vertex’s big deal, biotech’s red numbers, & an industry history lesson statnews.com/2024/04/11/read… via @statnews
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From the UPenn press office, yesterday mRNA pioneers Katalin Karikó and Drew Weissman got injected with the vaccine they helped make possible. Here's how they got here statnews.com/2020/11/10/the-…
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Correction to this story: Rep. David McKinley, a member of the House subcommittee, already sold his stake in Pfizer statnews.com/2020/07/20/thre…
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Pfizer-BioNTech vaccine not affected by mutation seen in contagious coronavirus variant, study indicates statnews.com/2021/01/08/pfiz…
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Happy fourth! A GOP rep sold his entire stake in an Australian biotech two weeks before its stock fell ~90 percent. statnews.com/2017/07/03/inna…
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Statement from Pfizer as to whether it plans to do the same
Moderna says it’s providing vaccine to workers, contractors & board members, as well as adult household members, “to provide an additional layer of #covid19 protection” as they conduct essential services in developing, manufacturing & delivering vaccine: investors.modernatx.com/news…
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My 3-yr-old daughter, Disruptina, just turned to me and said, "Dad, why don't people understand that drug prices need to be high in order to incentivize biomedical innovation?"
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An 18-month congressional investigation into the approval of Aduhelm concluded that the FDA’s process was “rife with irregularities,” including dozens of undisclosed communications and “inappropriate” closeness with Biogen. statnews.com/2022/12/29/rife…
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Please make time in your day for our lengthy examination of just what the hell is going with Biogen, featuring the most shocking internal document I've ever seen statnews.com/2021/12/08/biog…
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Regeneron's Covid-19 antibody therapy, like the one from Eli Lilly, doesn't appear to benefit patients with severe disease investor.regeneron.com/news-…
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the guy who runs Stanford's bioengineering entrepreneur program has spent ~20 years watching startups rise, fall, and sometimes succeed, and here's what he learned along the way statnews.com/2019/07/03/stan…
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my brother went through my grandfather's stuff after he died and saved this shirt for me. this is my aesthetic now
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this should resonate with the millions of americans whose primary question about last night's press conference related to the difference between relative risk reduction and absolute risk reduction in the post-hoc analysis of an observational clinical trial published to a preprin
I have been criticized for remarks I made Sunday night about the benefits of convalescent plasma. The criticism is entirely justified. What I should have said better is that the data show a relative risk reduction not an absolute risk reduction.
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Even if you assume Biogen's Alzheimer's drug will only go to U.S. patients with mild disease, that's ~2 million people. At $56,000 a year, that's ..... $112 billion statnews.com/2021/06/07/why-…
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IBM found a buyer for Watson Health, famously described as "a piece of shit" hospitals "bought for marketing" statnews.com/2022/01/21/ibm-…
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CRISPR-edited pig liver from eGenesis passes first test in brain-dead human, researchers say statnews.com/2024/01/18/egen…
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If you're keeping tabs on insider sales by Moderna executives, when we wrote about it in May (statnews.com/2020/05/27/mode…) I made a spreadsheet to track them, and it's kept up to date here ---> docs.google.com/spreadsheets… $mrna
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If a Covid-19 vaccine is only for essential workers, investment bankers will become essential workers statnews.com/2020/12/03/how-…
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Before mRNA was a multibillion-dollar idea, it was a career dead end for one scientist. That and other things we learned are in this long look at the backstory behind the two most advanced Covid-19 vaccines statnews.com/2020/11/10/the-…
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Lecanemab, the next Alzheimer's disease treatment from Biogen and Eisai, met its primary and secondary goals in a pivotal clinical trial statnews.com/2022/09/27/alzh… $biib
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former chief economist of the world bank 👇👇
It’s a strange Kafkaesque world we inhabit, people working in their beehive offices, late into the night, towards what end no one truly knows, chasing mindless dreams which in most cases will be dashed, and in a few cases will be achieved only to reveal their futility.
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Comparing the Covid-19 vaccines developed by Pfizer, Moderna, and Johnson & Johnson, by @HelenBranswell statnews.com/2021/02/02/comp…
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I've been on an Amtrak all morning and can authoritatively report that we, as a nation, do not need this much Connecticut
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Pfizer’s first gene therapy, a $3.5 million one-time treatment for hemophilia B, enters a market that has vexed other drugmakers bloomberg.com/news/articles/… $pfe
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I have no idea what to believe on the $TEVA + Pascal Soriot thing but "fixing Teva" has become the "saving the Knicks" of pharma
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Hi! This is my last week at dear Fierce. I'll soon be covering biotech for @STATnews, which I'm told is an Amar'e Stoudemire fansite. Thanx!
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Among the details in this story, out of the 3,285 patients enrolled in Biogen's Phase 3 Alzheimer's trials, zero were Black or Hispanic, according to the company's presentations statnews.com/2021/06/04/aduc…
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see a lot of people using #JPM17
please be mindful the official hashtag is #jpmorganhealthcareconferencetwothousandseventeen
thanks
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$2.8 million per patient, to answer your question
BREAKING --> Bluebird $BLUE wins U.S. approval for a gene therapy to treat patients with a rare blood disorder statnews.com/2022/08/17/blue…
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i'm at a panel on anti-aging science and Mizuho analyst Salim Syed just told the room that we're all going to die. legend
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This is a 1994 Businessweek cover story on the biotech bubble and anyway time is a flat circle bloomberg.com/news/articles/…
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a cool thing about the erosion of data privacy is that doing my job has convinced the internet i have virtually every disease
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if you're at the Stifel conference and your phone just rang and the impressively loud ringtone was "The Lion Sleeps Tonight," you have my respect
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I know I'm like way too mired in this whole trope right now, but that is 1,000 percent the name of an evil biotech in a bad movie
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On Monday, the CEO of Sesen Bio said the company's recent FDA rejection was "a very surprising turn of events."
Hundreds of pages of internal documents show Sesen's supporting study was marked by misconduct and worrisome signs of liver toxicity
statnews.com/2021/08/18/sese… $sesn
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Moderna has signed Covid-19 vaccine purchase agreements worth $11.7 billion in 2021 investors.modernatx.com/stat… $mrna
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this is like punxsutawney phil seeing his shadow and granting me six more years of being able to afford my neighborhood
AMAZON CANCELS PLAN TO COME TO NEW YORK
"After much thought and deliberation, we’ve decided not to move forward with our plans to build a headquarters for Amazon in Long Island City, Queens" - Amazon spokeswoman Jodi Seth
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people ask me a lot what it's like to work with Adam and this image is pretty illustrative. anyway we three have a podcast now statnews.com/2018/03/05/read…
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@MenInBlazers Is this the same man, or do all of middle-aged English white dudes just look alike? #Nigels
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since $BMY embargo is broken, one of the big questions going into AACR was if TMB was for real or just a proxy for PDL1/other biomarkers. this slide suggests yes
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“The enthusiasm for a statistically unsound analysis of a failed Phase 2 study that utilizes a company-designed endpoint meant to detect negligible clinical effects is palpable” — @BrianSkorney vibing on $biib
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“I assure you, God didn’t create RNAi to make drugs out of it.” — $ALNY CEO to @megkesh statnews.com/2016/09/29/nobe…
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The documents provide a rare glimpse at how drug companies decide on prices. Biogen surveyed insurers and neurologists, learning that anything over about $40,000 would be perceived as “overpriced.” oversight.house.gov/sites/de…
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another year in which I've been snubbed by the Fierce 15, the Xconomy awards, AND the Forbes 30 Under 30
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here's an actual authority. the mistake is entirely mine and stems from misreading FDA guidelines on AE definitions nitter.app/EdBelongia/status/1290…
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"There are CBD jogging pants," said the deputy commissioner of the FDA, explaining how hard it is to be the FDA in 2020 statnews.com/2020/01/08/amy-…
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about that covid-detecting ring they’re giving to NBA players: UCSF has been running a study on how well it works since March and could have data soon statnews.com/2020/03/26/wear…
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your hedge fund name is the mistake you refuse to learn from + “capital”
relatedly i invite you to get in early on the multistrat Coachella ‘04 Capital
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The CEOs of America’s seven largest publicly traded health insurance companies earned more than $283 million in 2021 — by far the most of any year in the past decade. statnews.com/2022/05/12/heal…
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just got a call from Novavax that none of the "severe" reactions resulted in hospitalization. this is confusing bc the manuscript, which isnt yet public, notes only that none of the AEs were Grade 4, i.e. life-threatening, which suggests some were Grade 3, i.e. requiring hospital
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"This is not going to be penicillin for Alzheimer’s disease.” statnews.com/2021/06/07/fda-… $biib
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“This is the virus itself damaging the heart. There are no other ones in that test tube. There is no systemic inflammation.” statnews.com/2020/09/04/carn…
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A ‘dark horse’ emerges in the DNA sequencing race, boasting a $100 genome statnews.com/2022/05/31/a-da…
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everyone wanted to talk about Moderna's peak sales slide, but I prefer the one with an "amazing" platform, "lots of modalities," and "many drugs." decide for yourself: statnews.com/2018/03/27/mode…
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who among us hasn't boarded a yacht to take shrooms, call our moms, and start a business
statnews.com/2019/07/01/the-…
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this is a story, years in the making, about a wild idea to treat Parkinson's, made possible with cold emails, versatile stem cells, and transporting brain matter through Manhattan traffic statnews.com/2020/05/12/medi…
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Novavax Covid-19 vaccine data statnews.com/2020/08/04/nova… $nvax
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weird to see a soccer match in an empty arena and not have to google which fanbase did something racist
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Mark Cuban has started a generic drugs company where all products will be priced at cost plus a flat 15% margin statnews.com/pharmalot/2021/…
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Sam Isaly is stepping down from OrbiMed businesswire.com/news/home/2…
A story, containing a new on-the-record account of his behavior, was to be published tomorrow morning, which we informed OrbiMed this afternoon.
We're going to publish that story shortly.
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We all got together to talk about our friend Sharon Begley, and you can listen to it statnews.com/2021/01/21/podc…
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it’s pretty funny that we obsessed over all these meticulously designed clinical trials only for jurisdictions around the world to be like “ok what if we had people drink the vaccine”
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among the 181 signatories is the CEO of Mallinckrodt Pharmaceuticals, which makes $1.1 billion a year from an off-patent drug whose price has increased by nearly 100,000 percent since 2000 statnews.com/pharmalot/2019/…
Business Roundtable announces the release of a new Statement on the Purpose of a Corporation signed by 181 CEOs who commit to leading their companies for the benefit of all stakeholders – customers, employees, suppliers, communities and shareholders. brt.org/OurCommitment.
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