Post by Isaac TW
Co-Founder at stellarint.ai
Key developments shaping the CVRM landscape this week: ๐ข Business Updates ๐hims & hers could benefit as employers reduce GLP-1 coverage, accelerating the shift to cash-pay obesity treatments. ๐ช GoodRx launched a manufacturer-funded reimbursement model to support independent pharmacies dispensing GLP-1 therapies. ๐ฉบ TWL launched a virtual tirzepatide platform integrating clinical evaluation and insurance support. ๐ฑ Zealthy expanded its obesity platform with provider access to Zepbound. ๐ Eli Lilly and Company launched LillyDirect UK for home delivery of Mounjaro. ๐ญ Eli Lilly and Company expanded manufacturing investments in China to support oral GLP-1s and tirzepatide. ๐ณ CMS launched the Medicare GLP-1 Bridge Program with fixed monthly copays for eligible patients. ๐ค Diamyd Medical appointed Mathias Skalmstad as CFO. ๐ฐ Ollin Biosciences raised $330M to advance Phase 3 development of IBI324 for DME and wet AMD. ๐ค Partnerships & M&A ๐ Novo Nordisk partnered with Costco Pharmacy to expand self-pay access to Wegovy and Ozempic. ๐ Sangamo Therapeutics, Inc. Therapeutics filed for Chapter 11 while agreeing asset sales to Eli Lilly and Astellas. ๐งช Clinical Trials ๐ซ Survodutide achieved strong Phase 3 liver-fat reduction in MASLD. โค๏ธ AnaCardio's AC01 showed encouraging safety and cardiac function improvements in HFrEF. ๐ Vivani Medical received approval to begin the SLIM-1 trial of its semaglutide implant. ๐ Wave Life Sciences advanced WVE-007 into Phase 2a after promising early obesity data. ๐ Viking Therapeutics, Inc. initiated first-in-human testing of VK3019 for obesity. ๐ CORXEL Pharmaceuticals reported up to 11.5% weight loss with oral GLP-1 candidate CX11. โ Ascletis Pharma Inc. Pharma received FDA clearance to begin Phase 1 testing of ASC35. โ Regulatory & Market Access ๐ CanFite BioPharma secured a Japanese patent for Namodenoson in obesity. ๐งฌ Ionis Pharmaceuticals, Inc. expanded the U.S. label for Tryngolza. ๐ Imbria Pharmaceuticals received FDA Orphan Drug Designation for ninerafaxstat. ๐ Galectin Therapeutics aligned with the FDA on the Phase 3 pathway for belapectin. ๐ฌ๐ง Teplizumab (Sanofi) is now available through the NHS to delay Type 1 diabetes onset. ๐ถ MannKind Corporation received Breakthrough T1D funding for its pediatric Afrezza trial. ๐ Market Insights ๐ Evaluate forecasts Lilly's tirzepatide franchise will become the world's best-selling medicine by 2032.