Pharma: Page 14


  • An Eli Lilly logo is seen at the top of a building.
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    Lilly rolls out Zepbound vials at a discount price

    The launch of a single-use vial form of the popular weight loss medicine could help Lilly improve supply and compete with telehealth companies offering compounded versions.

    By Aug. 27, 2024
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    RA Capital-backed startup raises $100M; UCB sells China business

    New biotech Navigator is working on drugs for immune diseases. Meanwhile, UCB sold its neurology and allergy business in China, and J&J's Peter Fasolo will retire this year.

    By BioPharma Dive staff • Aug. 27, 2024
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    Trendline

    Top 5 stories from BioPharma Dive

    Looming patent expiries this decade and intensifying competition from China are forcing drugmakers to adapt, while new opportunities open up in oncology and in neuroscience.

    By BioPharma Dive staff
  • A Regeneron sign in front of a building.
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    Courtesy of Regeneron Pharmaceuticals
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    Regeneron gains European approval for bispecific lymphoma drug

    Regulators in Europe granted approval based on remission rates, while the FDA sought more progress in confirmatory trials when it rejected Ordspono.

    By Aug. 26, 2024
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    FDA to convene immunotherapy panel; Tome scales back operations

    Agency advisers will discuss whether use of Keytruda and Opdivo should be limited in gastric cancer. Elsewhere, a buzzy genetic drug startup is exploring “strategic options.”

    By BioPharma Dive staff • Aug. 23, 2024
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    Courtesy of Regeneron Pharmaceuticals
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    Regeneron confirms FDA won’t approve myeloma drug over manufacturing issues

    Company executives had warned investors that a delay was likely due to issues at a facility run by a third-party manufacturer.

    By Kristin Jensen • Aug. 21, 2024
  • A sign shows the logo of Eli Lilly's Research Laboratories
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    Lilly’s tirzepatide cuts diabetes risk, study data show

    Treatment with the GLP-1 drug, which Lilly sells as Mounjaro and Zepbound, lowered the risk of Type 2 diabetes progression by 94% versus placebo.

    By Aug. 20, 2024
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    As Bristol Myers’ schizophrenia drug nears approval, AbbVie and others hope to provide competition

    A new wave of antipsychotics could improve patient adherence. The race to corner this large projected market is already getting tight.

    By Kelly Bilodeau • Aug. 19, 2024
  • Pfizer's logo cast in metal.
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    Pfizer, BioNTech stumble in effort to develop combination flu, COVID shot

    The vaccine didn’t spur a strong enough immune response against a particular flu strain in a Phase 3 trial, leading the companies to ponder adjustments. 

    By Aug. 16, 2024
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    Lilly opens R&D hub; Ovid and Lexicon lay off staff

    Lilly’s new center in Boston will focus on genetic medicine research and provide lab space for startups. Elsewhere, two biotechs cut jobs and two others advanced psychedelic medicines.

    By BioPharma Dive staff • Aug. 13, 2024
  • A wall showing a Merck & Co. logo in Kenilworth, New Jersey
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    Courtesy of Merck & Co.
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    Immune reset

    Merck bets $700M on an antibody drug’s potential in immune diseases

    The deal hands Merck a cancer medicine already in human testing, but that the company sees as a potential treatment for autoimmune conditions, too.

    By Aug. 9, 2024
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    Merck TIGIT drug fails another trial; Intellia therapy succeeds in HAE study

    Merck stopped a Phase 3 TIGIT study for futility. Elsewhere, shares in Cabaletta Bio sank on safety worries and Vertex secured Casgevy reimbursement in England.

    By BioPharma Dive staff • Aug. 8, 2024
  • An Eli Lilly logo is seen at the top of a building.
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    Zepbound shortages ease, but Lilly cautions pharmacy availability may remain ‘choppy’

    After months of supply strains, Lilly has begun to catch up with demand. Consumers may still need to wait for their prescriptions to be filled, however.

    By Aug. 8, 2024
  • A white sign with the word Lilly written in red stands outside of an office.
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    Lilly boosts outlook on rising Zepbound revenue

    Sales of the in-demand obesity drug crested $1 billion in the second quarter as improved Lilly production helped the company fulfill wholesaler backorders.

    By Aug. 8, 2024
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    Amgen talks obesity drug ‘differentiation’; Servier brain cancer drug approved by FDA

    Executives at Amgen had few updates on their drug MariTide, but defended what they see as the once-monthly shot’s competitive profile.

    By BioPharma Dive staff • Aug. 7, 2024
  • White flags bearing Novo Nordisk's logo are seen against a blue sky.
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    Courtesy of Novo Nordisk
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    Novo shares tumble on lower-than-expected obesity drug sales

    Quarterly revenue from Ozempic and Wegovy missed Wall Street estimates by about 9%, concerning some analysts and causing a stock sell-off costing the Danish drugmaker tens of billions in market value. 

    By Kristin Jensen • Aug. 7, 2024
  • A Lilly sign is seen on the side of a building viewed through pine trees
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    Zepbound, Mounjaro back in supply as Lilly resolves shortage

    All doses of the in-demand GLP-1 medicines are now available in the U.S., Lilly said ahead of reporting second quarter earnings later this week.

    By Aug. 5, 2024
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    Courtesy of BMS
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    Bristol Myers sends TIGIT drug back to Agenus

    The decision makes Bristol the latest pharma to pull back on research into a type of cancer immunotherapy that’s drawn significant investment in recent years.

    By Aug. 5, 2024
  • Group of doctors analyzing medical data while having a meeting in the office.
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    Adobe Stock / MP Studio

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    Sponsored by MMIT

    Why pharma should invest in evidence-based physician education

    For years, many manufacturers have assumed that pre-market physician education was not strictly necessary unless their brand was the first to market or had a novel mechanism of action. With the advent of precision medicine, however, ongoing disease state education has become increasingly critical...

    By Dr. Shrinal Patel and Carolyn Zele • Aug. 5, 2024
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    Vir retreats from infectious disease; Vertex shelves AATD drugs

    The one-time drug developer is pivoting to cancer research. Elsewhere, Neurocrine reported a strong quarter and venBio raised half a billion dollars for biotech investing.

    By BioPharma Dive staff • Aug. 2, 2024
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    CR via Getty Images
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    Obesity drugs

    Lilly obesity drug shows heart benefit in late-stage trial

    The drug led to a 38% reduction in the risk of death or complications from a type of heart failure, a finding that compared favorably to available treatments.

    By Aug. 1, 2024
  • The Moderna headquarters is seen on November 30, 2020 in Cambridge, Massachusetts.
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    Moderna shares fall amid lower sales outlook for RSV, COVID shots

    The biotech cited competitive pressure and “very low” expected sales in Europe for its latest guidance cut, which sent shares down by nearly 20%. 

    By Aug. 1, 2024
  • A photo of a building showing a GSK sign in London.
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    Courtesy of GSK
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    GSK cuts vaccine forecasts, while predicting faster overall growth

    Several factors are slowing U.S. sales of Shingrix, the shingles vaccine that's become one of the British pharma's top sellers.

    By July 31, 2024
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    Vertex’s pain drug gets speedy FDA review; Keytruda hits a sales milestone

    Quarterly sales of Merck’s immunotherapy crested $7 billion for the first time. Elsewhere, Fibrogen is laying off staff and Intellia has a green light to start a new gene editing trial in the U.K.

    By BioPharma Dive staff • July 31, 2024
  • A wall showing a Merck & Co. logo in Kenilworth, New Jersey
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    Courtesy of Merck & Co.
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    Merck shares slide as Gardasil sales drop in China

    The unexpected disclosure in Merck’s second quarter earnings prompted an investor sell-off that some analysts said might be overblown.

    By Kristin Jensen • July 31, 2024
  • People pass an office building with signage spelling Pfizer in New York City.
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    Pfizer quits Duchenne gene therapy, lays off staff following study setback

    The company is letting go of 150 staffers alongside a decision to officially terminate the high-profile program, which was acquired in 2016.

    By July 30, 2024