Protocols

Novartis adds opthalmology buyout in year-end deal spree; Tesaro gets a speedy FDA review for niraparib

Novartis is engaged in a year-end deal run, it seems. On Tuesday morning the pharma giant followed up its Conatus pact with news that it is buying Fort Worth-based Encore Vision after the biotech scored some positive early-stage data on their lead drug for presbyopia — a vision disorder that causes an inability to focus up close — boosting their ophthalmology pipeline. None of the terms were disclosed.

Hot on the heels of Clovis’ FDA OK for its PARP inhibitor rucaparib, Tesaro has gained a priority review schedule for its PARP niraparib. The drug, which has scored positive data, now faces an abbreviated June 30 PDUFA date.

Impax Laboratories $IPXL says that CEO G. Frederick Wilkinson is heading for the exit by “mutual agreement” with the board. In his place the company named J. Kevin Buchi as interim CEO.

Juno Therapeutics $JUNO has won a breakthrough drug designation for JCAR017, its lead prospect in the clinic following the implosion of JCAR015 after the deaths of 5 patients in their registration study.


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