Pharma: Page 18
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Pfizer thinks it found its obesity pill
Far behind companies like Novo and Eli Lilly, Pfizer hopes the version of the drug, danuglipron, that it’s chosen to advance can break into the ultra-lucrative market for weight-loss medicines.
By Jacob Bell • July 11, 2024 -
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Novo’s once-weekly insulin rejected by FDA
The FDA’s decision to turn back the drugmaker’s new insulin product narrows Novo’s lead in the U.S. over Eli Lilly, which has a similar diabetes treatment in late-stage testing.
By Kristin Jensen • July 11, 2024 -
Explore the Trendline➔
National Institute on Aging. (2017). "Beta-Amyloid Plaques and Tau in the Brain" [Image]. Retrieved from Flickr.
TrendlineAlzheimer's disease
Many companies hope to follow in the footsteps of Biogen, Eisai and Eli Lilly by developing new therapies for the debilitating disease, which affects tens of millions of people and costs healthcare systems hundreds of billions of dollars each year.
By BioPharma Dive staff -
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AbbVie names new R&D head; Arcutis eczema cream approved
Roopal Thakkar will succeed Tom Hudson as AbbVie’s top scientist. Elsewhere, Skyhawk is advancing its Huntington’s drug and Zevra is preparing for an FDA advisory committee meeting.
By BioPharma Dive staff • July 10, 2024 -
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Pfizer research chief Dolsten to step down, with company at a crossroads
The company has begun searching for a successor to Dolsten, who oversaw more than 35 drug and vaccine approvals but also some notable setbacks during his time as Pfizer’s top scientist.
By Ben Fidler • July 9, 2024 -
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Lilly to buy Morphic in $3B bet on inflammation drug
The deal would hand Lilly an experimental pill that could one day rival Takeda's blockbuster medicine Entyvio as a treatment for inflammatory bowel disease.
By Jacob Bell • July 8, 2024 -
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Ligand to buy Apeiron; Roche reports another TIGIT setback
Acquiring Apeiron will hand Ligand royalty rights on the neuroblastoma drug Qarziba. Elsewhere, CSL reported the first commercial treatment of patients in Europe with its gene therapy Hemgenix.
By BioPharma Dive staff • July 8, 2024 -
Courtesy of CureVac
CureVac cuts jobs, licenses out vaccines to GSK
The mRNA specialist plans to eliminate 30% of its workforce as part of a restructuring that will prioritize “high-value” projects like its cancer vaccines.
By Jacob Bell • July 3, 2024 -
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Beacon raises $170M for eye gene therapy; J&J confirms Carvykti survival benefit
Forbion led the startup’s Series B round. Elsewhere, Vertex got an FDA decision date for its “vanza triple” and Dupixent won a marketing green light in Europe for COPD.
By BioPharma Dive staff • July 3, 2024 -
Courtesy of Eisai
Eisai and Bristol Myers cancel cancer ADC deal
The Japan-based drugmaker said its U.S. partner’s “portfolio prioritization efforts” led to the termination. It will refund part of an upfront payment.
By Jonathan Gardner • July 1, 2024 -
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Sponsored by Nelson LabsThe right viral safety program can guard against costly bioburden incidents in biopharma development
Viral contamination threatens biopharmaceutical development, making viral clearance and safety essential for risk mitigation.
July 1, 2024 -
Courtesy of Merck & Co.
Merck’s pneumococcal vaccine gets CDC panel backing
Advisers to the agency unanimously recommended use of Capvaxive in older adults and in certain younger ones, putting it in the same tier as Pfizer's competing Prevnar shot.
By Delilah Alvarado • June 28, 2024 -
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PTC faces another Duchenne drug rejection; Coherus sells Humira biosimilar
European drug regulators voted for a third time not to renew the approval of Translarna. Elsewhere, Sanofi invested in a brain disease biotech and Esperion sold royalties to help pay off a loan.
By BioPharma Dive staff • June 28, 2024 -
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RSV vaccine makers’ shares fall as CDC adjusts shot guidance
The new guidance more strongly urges vaccination in adults who are older or at higher risk, but removes a prior recommendation for adults aged 60 to 74 years without certain risk factors.
By Delilah Alvarado • June 27, 2024 -
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Novo nixes trial of blood pressure drug it bought in $1.3B deal
The failure of a Phase 3 study led the Wegovy maker to take an accounting charge that will hit its operating profit growth this year.
By Jonathan Gardner • June 26, 2024 -
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Zealand hauls in $1B off obesity drug data; Curie.bio zeroes in on Series A’s
Zealand capitalized on a stock surge following the release of early study results. Elsewhere, U.S. regulators rejected an AbbVie medicine and another well-funded AI drug discovery startup emerged.
By BioPharma Dive staff • June 26, 2024 -
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Novo to spend $4B on US plant, adding to obesity drug production push
The planned facility in North Carolina is Novo’s latest multibillion-dollar investment in the manufacturing of weight loss drugs, demand for which continues to outstrip supply.
By Jonathan Gardner • June 25, 2024 -
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Obesity drugs from Altimmune, Hengrui show potential; Lilly details Zepbound sleep apnea data
The American Diabetes Association’s annual meeting provided a forum for early trial results on several would-be weight loss drug competitors.
By BioPharma Dive staff • June 24, 2024 -
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Jazz drug for tremor fails study; Radiopharma drug developer ITM swaps CEOs
A medicine Jazz acquired in 2019 missed the goal of a Phase 2 study. Elsewhere, Vanda rejected two takeover bids and Ashibio emerged from stealth with an antibody licensed from Gilead.
By BioPharma Dive staff • June 21, 2024 -
Courtesy of Amazon
Amazon expands drug subscription program to Medicare members
RxPass, which fills prescriptions for generic drugs, is now available to more than 50 million Medicare members after Amazon brought it into compliance with the insurance program’s regulatory standards.
By Rebecca Pifer • June 20, 2024 -
Kena Betancur via Getty Images
Merck wins FDA OK for vaccine rival to Pfizer’s pneumococcal shot
The new vaccine, which Merck will sell as Capvaxive, will compete with Pfizer’s blockbuster Prevnar franchise.
By Delilah Alvarado • June 18, 2024 -
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Sanofi taps Belharra for immune drug research; AstraZeneca’s new cancer drug falls short
Belharra will use its chemoproteomics technology to identify immune drugs for Sanofi. Elsewhere, Regenxbio mapped a regulatory path and Taysha shared updated results for its Rett treatment.
By BioPharma Dive staff • June 18, 2024 -
Permission granted by Kevin Trimmer/Ascidian Therapeutics
Roche partners with RNA editing biotech Ascidian
While the Swiss pharma recently pruned its neurology drug pipeline, it has shown interest in the possibilities of RNA-focused approaches like what Ascidian is exploring.
By Gwendolyn Wu • June 18, 2024 -
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Takeda drug for rare types of epilepsy misses goal in late-stage trial
Called soticlestat, the drug had seemed promising in earlier studies for people with Dravet and Lennox-Gastaut syndrome, enough to persuade Takeda to take on full rights to the drug.
By Jonathan Gardner • June 17, 2024 -
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Takeda circles a leukemia drug; J.P. Morgan moves into biotech investing
The Japanese pharma paid $100 million to secure option rights to an Ascentage drug. Elsewhere, J.P. Morgan Private Capital closed its first fund and the FDA gave new COVID shot advice.
By BioPharma Dive staff • June 14, 2024 -
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Supreme Court preserves access to abortion pill in unanimous ruling
The high court said the plaintiffs’ “desire to make a drug less available to others” did not give them standing to challenge the FDA's expansion of mifepristone’s approval.
By Delilah Alvarado • June 13, 2024
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