podcast
Cuts, ousters, and drama at the FDA
Turmoil, job cuts, and ousters of high-ranking officials at federal health agencies. Marty Makary's rough first week as FDA commissioner. Biotech stocks tumble even further. President Trump's "Liberation Day" tariffs roil global markets.
We talk about biotech's volatile week, plus interview AstraZeneca R&D executive Sharon Barr, on this week's episode of the "The Readout LOUD," STAT's biotech podcast.
STAT's FDA reporter Lizzy Lawrence joins co-hosts Allison, Elaine, and Adam to discuss her inside-the-agency reporting on how Robert F. Kennedy Jr. forced top FDA officials to resign at a time when newly sworn-in FDA Commissioner Makary is still figuring out how to get around the agency's White Oak campus in suburban Maryland.
AstraZeneca presented positive mid-stage results this week on a PCSK9 pill that dramatically lowered cholesterol levels on top of traditional statins. Barr joined the podcast to talk about why AstraZeneca views this experimental cardiovascular medicine as a key part of its growth strategy.
Listen here.
BIOPHARMA
U.K. drug pricing scheme faces industry backlash
For years, biopharma companies have argued the drug pricing scheme in the U.K. is killing investment. Officials there seem to now be getting the message, STAT's Andrew Joseph reports.
At a conference in London yesterday, the director of the U.K.'s Office for Life Sciences acknowledged there is a "a real sense among ministers about the need for a rethink about how much we spend on medicines and the value of medicine."
With rebate rates hitting 23%, companies are calling the country "un-investable" and weighing whether it's even worth launching new medicines in the U.K. anymore.
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