{"id":1335,"date":"2026-07-23T04:29:19","date_gmt":"2026-07-23T04:29:19","guid":{"rendered":"https:\/\/valutednews.com\/?p=1335"},"modified":"2026-07-23T04:29:19","modified_gmt":"2026-07-23T04:29:19","slug":"merck-summit-phrma-bayer-celldex-readout-newsletter","status":"publish","type":"post","link":"https:\/\/valutednews.com\/?p=1335","title":{"rendered":"Merck, Summit, PhRMA, Bayer, Celldex: Readout Newsletter"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/www.statnews.com\/wp-content\/uploads\/2024\/09\/AdobeStock_498093303-1024x576.jpeg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Merck, Summit, PhRMA, Bayer, Celldex: Readout Newsletter\" title=\"Merck, Summit, PhRMA, Bayer, Celldex: Readout Newsletter\" \/><\/div><p><\/p>\n<div>\n<figure class=\"wp-block-post-featured-image\">\t\t\t\t<picture class=\"featured-image-crop\"><source media=\"(min-width: 1024px)\" srcset=\"https:\/\/www.statnews.com\/wp-content\/uploads\/2024\/09\/AdobeStock_498093303-1600x900.jpeg\"><source media=\"(min-width: 768px) and (max-width: 1023px)\" srcset=\"https:\/\/www.statnews.com\/wp-content\/uploads\/2024\/09\/AdobeStock_498093303-768x432.jpeg 1x, https:\/\/www.statnews.com\/wp-content\/uploads\/2024\/09\/AdobeStock_498093303-1024x576.jpeg 1.5x, https:\/\/www.statnews.com\/wp-content\/uploads\/2024\/09\/AdobeStock_498093303-1600x900.jpeg 2x\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.statnews.com\/wp-content\/uploads\/2024\/09\/AdobeStock_498093303-645x645.jpeg\" alt=\"\" width=\"645\" height=\"645\" style=\"\"\/><br \/>\n\t\t\t\t<\/source><\/source><\/picture><figcaption><cite>Adobe<\/cite><\/figcaption><\/figure>\n<div class=\"article-byline multi-author\">\n<div class=\"author-avatar\">\n<div class=\"author-img\"><img decoding=\"async\" width=\"80\" height=\"80\" src=\"https:\/\/www.statnews.com\/wp-content\/uploads\/2022\/12\/elaine-chen-avatar-round-80x80.png\" class=\"author-img-thumbnail\" alt=\"\" loading=\"eager\" sizes=\"50px\" srcset=\"https:\/\/www.statnews.com\/wp-content\/uploads\/2022\/12\/elaine-chen-avatar-round-80x80.png 80w, https:\/\/www.statnews.com\/wp-content\/uploads\/2022\/12\/elaine-chen-avatar-round-328x328.png 328w, https:\/\/www.statnews.com\/wp-content\/uploads\/2022\/12\/elaine-chen-avatar-round-500x500.png 500w, https:\/\/www.statnews.com\/wp-content\/uploads\/2022\/12\/elaine-chen-avatar-round-576x576.png 576w, https:\/\/www.statnews.com\/wp-content\/uploads\/2022\/12\/elaine-chen-avatar-round-160x160.png 160w, https:\/\/www.statnews.com\/wp-content\/uploads\/2022\/12\/elaine-chen-avatar-round.png 600w\"\/><\/div>\n<div class=\"author-img\"><img decoding=\"async\" width=\"80\" height=\"80\" src=\"https:\/\/www.statnews.com\/wp-content\/uploads\/2025\/04\/Daniel-Payne-avatar-round-80x80.png\" class=\"author-img-thumbnail\" alt=\"\" loading=\"eager\" sizes=\"50px\" srcset=\"https:\/\/www.statnews.com\/wp-content\/uploads\/2025\/04\/Daniel-Payne-avatar-round-80x80.png 80w, https:\/\/www.statnews.com\/wp-content\/uploads\/2025\/04\/Daniel-Payne-avatar-round-328x328.png 328w, https:\/\/www.statnews.com\/wp-content\/uploads\/2025\/04\/Daniel-Payne-avatar-round-500x500.png 500w, https:\/\/www.statnews.com\/wp-content\/uploads\/2025\/04\/Daniel-Payne-avatar-round-576x576.png 576w, https:\/\/www.statnews.com\/wp-content\/uploads\/2025\/04\/Daniel-Payne-avatar-round-160x160.png 160w, https:\/\/www.statnews.com\/wp-content\/uploads\/2025\/04\/Daniel-Payne-avatar-round.png 600w\"\/><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"author-pop-over\" data-author=\"elaine-chen\">\n<p class=\"author-bio\">Elaine\u2019s stories explore the boom in new obesity treatments, new drug payment models, the ways companies are affected by FDA changes, and the emerging psychedelics drug sector. She co-writes <a href=\"https:\/\/www.statnews.com\/signup\/readout\/\">The Readout newsletter<\/a>, and co-hosts STAT\u2019s weekly biotech podcast, <a href=\"https:\/\/www.statnews.com\/category\/readout-loud\/\">The Readout Loud<\/a>. You can reach Elaine on Signal at elaineywchen.70.<\/p>\n<\/div>\n<div class=\"author-pop-over\" data-author=\"daniel-payne\">\n<p class=\"author-bio\">Daniel covers the intersection of the health industry and the federal government. He reports on corporate influence in government, the health consequences of federal policies, and the politics of health care. Confidential tips can be sent on Signal at danielp.100.<\/p>\n<\/div>\n<div class=\"entry-content the-content wp-block-post-content is-layout-constrained wp-block-post-content-is-layout-constrained\">\n<p class=\"wp-block-paragraph\"><em>Want to stay on top of the science and politics driving biotech today?\u00a0<a href=\"https:\/\/www.statnews.com\/signup\/readout\/\">Sign up<\/a>\u00a0to get our biotech newsletter in your inbox.<\/em><\/p>\n<p class=\"wp-block-paragraph\">Good morning. All my social media feeds have been filled with\u00a0<a href=\"https:\/\/www.nytimes.com\/2026\/07\/21\/style\/jimothy-raccoon-seattle-videos.html\" rel=\"noopener\" target=\"_blank\">Jimothy the raccoon<\/a>, and I hope your feeds\u00a0now will be too.<\/p>\n<h2 id=\"h-the-need-to-know-this-morning\" class=\"wp-block-heading\">The need-to-know this morning<\/h2>\n<ul class=\"wp-block-list\">\n<li>Celldex Therapeutics said its experimental drug barzolvolimab <a href=\"https:\/\/ir.celldex.com\/news-releases\/news-release-details\/celldex-reports-results-phase-2-study-barzolvolimab-prurigo\" rel=\"noopener\" target=\"_blank\">failed in a Phase 2 study<\/a> in the skin condition prurigo nodularis, sending its shares down in premarket trading. The company is continuing to test the drug in a number of other indications, with\u00a0data expected in September or October from Phase 3 trials in chronic spontaneous urticaria, which causes chronic hives.\u00a0<\/li>\n<li>Summit Therapeutics <a href=\"https:\/\/smmttx.com\/news\/press-releases\/news-details\/2026\/Ivonescimab-Plus-Chemotherapy-Shows-Consistent-Favorable-Overall-Survival-Results-in-Western-and-Asian-Patients-in-Updated-Analysis-from-Global-Phase-III-HARMONi-Study\/default.aspx\" rel=\"noopener\" target=\"_blank\">released updated survival data<\/a> from its Phase 3 HARMONi trial testing the drug ivonescimab in a form of\u00a0non-small cell lung cancer. The FDA is set to make an approval decision on the drug in the disease by Nov. 14. \u00a0<\/li>\n<\/ul>\n<h2 id=\"h-pharma-tries-to-tamp-down-broad-china-restrictions\" class=\"wp-block-heading\">Pharma tries to tamp down broad China restrictions<\/h2>\n<p class=\"wp-block-paragraph\"><em>From STAT\u2019s Daniel Payne: <\/em>Pharmaceutical leaders are trying to convince policymakers to back off pushes for aggressive restrictions on investments in Chinese firms.<\/p>\n<div class=\"restricted-content-breaker article\" aria-labelledby=\"restricted-story-heading\" aria-describedby=\"restricted-story-description\" checked=\"false\">\n<div class=\"restricted-content-breaker-bar\">\n<p class=\"restricted-text\">STAT+ Exclusive Story<\/p>\n<p class=\"restricted-login\">Already have an account? <a href=\"https:\/\/www.statnews.com\/login\/\" data-stat-login=\"\" data-stat-paywall-cta=\"breaker login cta\">Log in<\/a><\/p>\n<\/p><\/div>\n<p>\t\t\t<img decoding=\"async\" class=\"restricted-content-breaker-bg\" src=\"https:\/\/www.statnews.com\/wp-content\/themes\/stat\/images\/stat-plus-breaker-bg.png\" alt=\"STAT+\"\/><\/p>\n<div class=\"restricted-content-breaker-wrapper\">\n\t\t\t\t<span class=\"stat-paywall-archive\"><br \/>\n\t\t\t\t\t<a href=\"https:\/\/www.statnews.com\/stat-plus\/\"><br \/>\n\t\t\t\t\t\t<img decoding=\"async\" class=\"stat-plus-logo\" src=\"https:\/\/www.statnews.com\/wp-content\/themes\/stat\/images\/stat-plus-logo-white.svg\" alt=\"STAT+\"\/><br \/>\n\t\t\t\t\t<\/a><br \/>\n\t\t\t\t<\/span><\/p>\n<h2 id=\"restricted-story-heading\">This article is exclusive to STAT+ subscribers<\/h2>\n<h3 id=\"restricted-story-description\">Unlock this article \u2014 plus in-depth analysis, newsletters, premium events, and news alerts.<\/h3>\n<p class=\"restricted-content-breaker-wrapper-cta mobile\">Already have an account? <a href=\"https:\/\/www.statnews.com\/login\/\" data-stat-login=\"\" data-stat-paywall-cta=\"breaker login cta mobile\">Log in<\/a><\/p>\n<div class=\"restricted-content-breaker-cards\">\n<div class=\"slider-container\" aria-label=\"Subscription plan toggle\">\n\t\t\t\t\t\t<button type=\"button\" class=\"individual\" aria-pressed=\"false\">Individual plans<\/button><\/p>\n<p>\t\t\t\t\t\t<button type=\"button\" class=\"group\" aria-pressed=\"false\">Group plans<\/button>\n\t\t\t\t\t<\/div>\n<\/p><\/div>\n<p>\t\t\t\t<a href=\"https:\/\/www.statnews.com\/stat-plus\/\" class=\"stat-button view-all\" data-stat-paywall-cta=\"breaker view all plans\" aria-label=\"View All Plans\">View All Plans<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<div class=\"restricted-message-breaker\">\n<div class=\"restricted-content-wrapper\">\n<div class=\"restricted-content-message\">\n<p class=\"restricted-content-text\">\n\t\t\t\t\t\tTo read the rest of this story subscribe to STAT+.\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t<a href=\"https:\/\/www.statnews.com\/stat-plus\/\" class=\"stat-button restricted-button\" data-stat-paywall-cta=\"breaker subscribe cta 1\">Subscribe<\/a>\n\t\t\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"wp-block-template-part\">\n<div class=\"wp-block-group article-meta is-layout-flow wp-block-group-is-layout-flow\">\n<ol class=\"wp-block-stat-article-authors\">\n<li class=\"author-container-item\">\n<div class=\"wp-block-group article-author\">\n<div class=\"wp-block-columns article-author-header\">\n<div class=\"wp-block-column avatar\">\n<figure class=\"wp-block-image\">\n\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"80\" height=\"80\" src=\"https:\/\/www.statnews.com\/wp-content\/uploads\/2022\/12\/elaine-chen-avatar-round-80x80.png\" class=\"avatar-thumbnail\" alt=\"\" loading=\"lazy\" sizes=\"auto, 70px\" srcset=\"https:\/\/www.statnews.com\/wp-content\/uploads\/2022\/12\/elaine-chen-avatar-round-80x80.png 80w, https:\/\/www.statnews.com\/wp-content\/uploads\/2022\/12\/elaine-chen-avatar-round-328x328.png 328w, https:\/\/www.statnews.com\/wp-content\/uploads\/2022\/12\/elaine-chen-avatar-round-500x500.png 500w, https:\/\/www.statnews.com\/wp-content\/uploads\/2022\/12\/elaine-chen-avatar-round-576x576.png 576w, https:\/\/www.statnews.com\/wp-content\/uploads\/2022\/12\/elaine-chen-avatar-round-160x160.png 160w, https:\/\/www.statnews.com\/wp-content\/uploads\/2022\/12\/elaine-chen-avatar-round.png 600w\"\/>\t\t\t\t\t\t\t<\/figure>\n<\/p><\/div>\n<div class=\"wp-block-column author\">\n<div class=\"wp-block-group\">\n<p class=\"author-title\">National Biotech Reporter<\/p>\n<ol class=\"mobile\">\n<li><a class=\"social-item-icon twitter\" title=\"X\" href=\"https:\/\/x.com\/elaineywchen\" target=\"_blank\" rel=\"noopener\"\/><\/li>\n<li><a class=\"social-item-icon bluesky\" title=\"Bluesky\" href=\"https:\/\/bsky.app\/profile\/elaineywchen.bsky.social\" target=\"_blank\" rel=\"noopener\"\/><\/li>\n<li><a class=\"social-item-icon email\" title=\"Email\" href=\"http:\/\/www.statnews.com\/cdn-cgi\/l\/email-protection#42272e232b2c276c212a272c02313623362c2735316c212d2f\" target=\"_blank\" rel=\"noopener\"\/><\/li>\n<li><a class=\"social-item-icon linkedin\" title=\"Linkedin\" href=\"https:\/\/www.linkedin.com\/in\/elaineywchen\/\" target=\"_blank\" rel=\"noopener\"\/><\/li>\n<\/ol><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p class=\"author-bio\">Elaine\u2019s stories explore the boom in new obesity treatments, new drug payment models, the ways companies are affected by FDA changes, and the emerging psychedelics drug sector. She co-writes <a href=\"https:\/\/www.statnews.com\/signup\/readout\/\">The Readout newsletter<\/a>, and co-hosts STAT\u2019s weekly biotech podcast, <a href=\"https:\/\/www.statnews.com\/category\/readout-loud\/\">The Readout Loud<\/a>. You can reach Elaine on Signal at elaineywchen.70.<\/p>\n<\/p><\/div>\n<\/li>\n<li class=\"author-container-item\">\n<div class=\"wp-block-group article-author\">\n<div class=\"wp-block-columns article-author-header\">\n<div class=\"wp-block-column avatar\">\n<figure class=\"wp-block-image\">\n\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"80\" height=\"80\" src=\"https:\/\/www.statnews.com\/wp-content\/uploads\/2025\/04\/Daniel-Payne-avatar-round-80x80.png\" class=\"avatar-thumbnail\" alt=\"\" loading=\"lazy\" sizes=\"auto, 70px\" srcset=\"https:\/\/www.statnews.com\/wp-content\/uploads\/2025\/04\/Daniel-Payne-avatar-round-80x80.png 80w, https:\/\/www.statnews.com\/wp-content\/uploads\/2025\/04\/Daniel-Payne-avatar-round-328x328.png 328w, https:\/\/www.statnews.com\/wp-content\/uploads\/2025\/04\/Daniel-Payne-avatar-round-500x500.png 500w, https:\/\/www.statnews.com\/wp-content\/uploads\/2025\/04\/Daniel-Payne-avatar-round-576x576.png 576w, https:\/\/www.statnews.com\/wp-content\/uploads\/2025\/04\/Daniel-Payne-avatar-round-160x160.png 160w, https:\/\/www.statnews.com\/wp-content\/uploads\/2025\/04\/Daniel-Payne-avatar-round.png 600w\"\/>\t\t\t\t\t\t\t<\/figure>\n<\/p><\/div>\n<\/p><\/div>\n<p class=\"author-bio\">Daniel covers the intersection of the health industry and the federal government. He reports on corporate influence in government, the health consequences of federal policies, and the politics of health care. Confidential tips can be sent on Signal at danielp.100.<\/p>\n<\/p><\/div>\n<\/li>\n<\/ol>\n<\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Adobe Elaine\u2019s stories explore the boom in new obesity treatments, new drug payment models, the ways companies are affected by FDA changes, and the emerging psychedelics drug sector. She co-writes The Readout newsletter, and co-hosts STAT\u2019s weekly biotech podcast, The Readout Loud. You can reach Elaine on Signal at elaineywchen.70. Daniel covers the intersection of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1336,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.statnews.com\/wp-content\/uploads\/2024\/09\/AdobeStock_498093303-1024x576.jpeg","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[2647,2648,2645,1596,2646,1595,1237],"class_list":["post-1335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health","tag-bayer","tag-celldex","tag-merck","tag-newsletter","tag-phrma","tag-readout","tag-summit"],"_links":{"self":[{"href":"https:\/\/valutednews.com\/index.php?rest_route=\/wp\/v2\/posts\/1335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/valutednews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/valutednews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/valutednews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/valutednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1335"}],"version-history":[{"count":0,"href":"https:\/\/valutednews.com\/index.php?rest_route=\/wp\/v2\/posts\/1335\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/valutednews.com\/index.php?rest_route=\/wp\/v2\/media\/1336"}],"wp:attachment":[{"href":"https:\/\/valutednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/valutednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/valutednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}