Eli Lilly’s Alzheimer’s candidate, Bob Langer’s new startup, and other biotech news you need to know

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Good morning. My colleague Adam Feuerstein and I spent the day yesterday listening to the FDA advisory committee meeting on Lilly’s Alzheimer’s candidate. Read on for the outcome of the meeting, and also, who’s behind yet another new obesity startup.

The need-to-know this morning

• The FDA approved a new drug from Ipsen and Genfit to treat primary biliary cholangitis, a rare liver disease. The drug will be sold under the brand name Iqirvo.

FDA advisers unanimously back Lilly’s donanemab

Advisers voted 11-0 yesterday that the benefits of Lilly’s Alzheimer’s therapy outweighed the risks, making it likely that the FDA will approve the drug for a broad population of people diagnosed with mild cognitive impairment due to Alzheimer’s.

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