Pharma: Page 24


  • A wall showing a Merck & Co. logo in Kenilworth, New Jersey
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    Courtesy of Merck & Co.
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    Merck gets FDA decision date for new pneumococcal vaccine

    The company’s shot targets 21 strains of pneumococcal bacteria and, if approved, would compete with Pfizer’s Prevnar 20.

    By Dec. 19, 2023
  • 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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    Foundation behind Novo Nordisk to invest $260M in vaccine R&D

    The newly established initiative, which consists of a research center and an accelerator, will focus on developing vaccines for tuberculosis, influenza and group A streptococcus.

    By Dec. 18, 2023
  • An illustration of beta amyloid plaques and tau in the brain Explore the Trendline
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    National Institute on Aging. (2017). "Beta-Amyloid Plaques and Tau in the Brain" [Image]. Retrieved from Flickr.
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    Trendline

    Alzheimer'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
  • A photo of Jay Bradner, former head of the Novartis Institutes for BioMedical Research
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    Courtesy of Novartis
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    Amgen finds a new top scientist in Novartis veteran Bradner

    Jay Bradner, a well-known physician-scientist who left Novartis last year amid an organizational shakeup, will now serve a Amgen’s chief scientific officer and head of R&D.

    By Dec. 15, 2023
  • The U.S. Supreme Court is seen in spring through the branches of a tree.
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    Anna Moneymaker via Getty Images
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    Supreme Court to rule on abortion pill access

    The court's decision on mifepristone, expected by June, could have far-reaching implications for the FDA as well as the biotechnology industry. 

    By Dec. 13, 2023
  • Pfizer CEO Albert Burl and company executives
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    Drew Angerer via Getty Images
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    Pfizer to deepen cost cuts as latest sales forecasts miss expectations

    The company is now expecting to save $4 billion by the end of 2024, with a majority of the spending cuts coming from drug research and development.

    By Dec. 13, 2023
  • Corporate logos are seen outside  on May 15, 2006, in Macclesfield, England.
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    Christopher Furlong via Getty Images
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    AstraZeneca to acquire vaccine maker Icosavax for up to $1.1B

    The deal signals the pharma company’s continuing interest in vaccine development and hands it a combination shot aimed at two respiratory viruses. 

    By Dec. 12, 2023
  • Exterior sign of Bristol-Myers Squibb
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    Permission granted by Bristol-Myers Squibb
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    Bristol Myers pays SystImmune $800M and adds to pharma’s ‘ADC’ deal spree

    The lucrative alliance, potentially worth more than $8 billion, continues a run of dealmaking for a class of cancer drugs that’s surged in popularity in recent years. 

    By Dec. 12, 2023
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    Permission granted by Celonis
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    Sponsored by Celonis

    Life sciences leaders invest in process mining to accelerate digital transformation

    Research from Everest Group shows how life sciences leaders are investing in process mining to speed time-to-market, improve regulatory compliance and drive innovation.

    By Rachel Stolba • Dec. 11, 2023
  • Pfizer's logo cast in metal.
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    Jeenah Moon via Getty Images
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    Pfizer marks progress for successor sickle cell drug at ASH

    While new gene therapies for the blood disease grabbed headlines at ASH, Pfizer presented fresh data for an oral drug meant to build on its marketed therapy Oxbryta.

    By Dec. 10, 2023
  • Scientists working in an R&D laboratory
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    Courtesy of Merck KGaA
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    German Merck’s MS drug falls short in pair of Phase 3 tests

    The results dim the outlook of BTK inhibitors as potential autoimmune disease treatments and could have ramifications for Roche, Sanofi and Novartis. 

    By Kristin Jensen • Dec. 6, 2023
  • A Novartis logo is seen on the side of an office building.
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    Permission granted by Novartis
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    Novartis gets FDA approval of closely watched rare disease drug

    The pharma is developing Fabhalta, now cleared for paroxysmal nocturnal hemoglobinuria, for several other rare, complement-driven diseases.

    By Ned Pagliarulo • Dec. 6, 2023
  • A castor bean tick on a leaf
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    Getty Images
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    Pfizer, after delay, completes enrollment in Lyme vaccine trial

    The announcement ends a lengthy setback that began when the company and partner Valneva accused a clinical trial site operator of study misconduct.

    By Dec. 5, 2023
  • Signs for Johnson & Johnson are seen on company offices in California.
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    Mario Tama via Getty Images
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    J&J pitches investors on sales growth from cancer, immune disease drugs

    The company expects its pharmaceutical division to deliver 20 new medicines through the end of the decade, including several it believes could earn peak annual sales of more than $5 billion.

    By Ned Pagliarulo • Dec. 5, 2023
  • A Roche logo is seen on the side of a building.
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    Courtesy of Roche
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    Roche joins obesity drug chase with $2.7B deal for startup Carmot

    The acquisition of Carmot, which had been planning an IPO, will hand Roche three weight loss medicines in early clinical testing.

    By Dec. 4, 2023
  • A computer screen shows the Pfizer logo and stock price at the New York Stock Exchange
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    Getty Images
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    Pfizer plans for oral obesity drug hit new setback

    The company won’t continue development of a twice-daily dose of its experimental weight loss medicine danuglipron after study data showed high rates of side effects.

    By Ned Pagliarulo • Dec. 1, 2023
  • A sign showing Gilead's logo
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    Getty Images
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    Gilead to lay off staff at cell therapy unit Kite

    The cuts will impact 7% of the cancer drug division’s employees, although about 90 new roles will be created around “areas of growth.”

    By Nov. 29, 2023
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    Novartis
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    Novartis sees brighter sales future as R&D revamp continues

    The pharma has overhauled its pipeline this year, cutting R&D programs outside of its four main therapeutic areas.

    By Ned Pagliarulo • Nov. 28, 2023
  • A printed copy of the 2017 Tax Cut and Jobs Act is seen lying on a desk with other papers.
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    Chip Somodevilla via Getty Images
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    Deep Dive

    Pharma benefited from basing business overseas. An international tax effort could spur a rethink.

    U.S. tax law changes six years ago slashed large pharma companies' rates and saved them billions. Now, a push for an international floor could disrupt their R&D accounting.

    By Nov. 28, 2023
  • 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 to expand French plant in GLP-1 production push

    The planned $2.3 billion investment follows an earlier $6 billion commitment to expand manufacturing for drugs like its in-demand medicine Wegovy.

    By Nov. 27, 2023
  • A wall showing a Merck & Co. logo in Kenilworth, New Jersey
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    Courtesy of Merck & Co.
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    Merck to buy private biotech Caraway in neuroscience deal

    In a deal worth up to $610 million, Merck will gain a pipeline of neuroscience and rare disease programs from a startup it previously backed.

    By Nov. 21, 2023
  • The logo of German pharmaceuticals and chemicals giant Bayer stands over Bayer corporate offices on September 14, 2016 in Berlin, Germany.
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    Sean Gallup via Getty Images
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    Bayer ends large blood thinner trial for ‘inferior efficacy’

    Company shares fell after study monitors called for halting a planned 18,000-person trial because Bayer’s drug wasn’t working as well as Eliquis.

    By Updated Nov. 20, 2023
  • A photograph of an infusion bag of Abecma, a cell therapy from Bristol Myers Squibb and 2seventy bio
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    Courtesy of Bristol Myers Squibb
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    Bristol Myers faces FDA delay on cancer cell therapy decision

    The regulator plans to convene an advisory panel to discuss an expanded indication for Abecma, presenting another hurdle for Bristol Myers and partner 2seventy bio.

    By Ned Pagliarulo • Nov. 20, 2023
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    Christopher Furlong via Getty Images
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    AstraZeneca creates digital health unit, with big-name partnerships already in place

    Called Evinova, the unit will operate as a separate business within AstraZeneca, which sees digital health solutions as a market primed for growth.

    By Nov. 20, 2023
  • An injector of Eli Lilly's weight loss treatment Zepbound is seen against a neutral background.
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    Courtesy of Eli Lilly
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    Lilly plans new $2.5B manufacturing plant as obesity drug demand ramps up

    Following the approval of Zepbound, Lilly is adding capacity to avert shortages and restricted access.

    By Nov. 17, 2023
  • Astellas' U.S. headquarters in Northbrook, IL.
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    Permission granted by Astellas
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    Gene therapy safety

    Paper details Astellas gene therapy study that led to patient deaths

    The company, which is working with regulators to lift a clinical hold, said the treatment could still help people with X-linked myotubular myopathy.

    By Kristin Jensen • Nov. 16, 2023