STAT+: Judge rules against compounding group; Hims’ shares fall
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Hi there. Today, we unpack Marty Makary’s Senate confirmation hearing, see a new ruling against GLP-1 compounders, examine the effects of the NIH patent freeze, and explore the tumultuous biotech job market.
The need-to-know this morning
- Nimbus Therapeutics said CEO Jeb Keiper is stepping down immediately as part of a planned transition. The company named Abbas Kazimi, its chief business officer since 2020, as Keiper’s successor.
Makary FDA hearing: More MAHA focus than regulatory policy
Marty Makary’s Senate confirmation hearing to be FDA commissioner went rather smoothly. He wasn’t pressed much on core regulatory issues; four senators asked about the abortion drug mifepristone, and just one asked about accelerated approvals and rare disease drugs. There were no questions on GLP-1 drug shortages, FDA’s regulation of AI, or lab-developed tests — all key issues for the agency these days.