FDA approves new Bristol Myers drug for lung cancer

Acquired via a $4 billion biotech buyout, Augtyro is one of an array of new products the pharma hopes will offset patent expirations for current top sellers.

By Jonathan Gardner • Nov. 16, 2023

3 ways decentralized clinical trials could help advance research on rare diseases

Explore how decentralized clinical trials (DCTs) can enhance rare disease research in three key ways.

Nov. 13, 2023

Explore the 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

Detailed trial data confirm Wegovy heart benefit

As GLP-1 drugs for weight loss take off, the results for Novo Nordisk’s treatment could help convince insurers to expand coverage.

By Jonathan Gardner • Nov. 11, 2023

AstraZeneca stays in GLP-1 drug race with new deal

AstraZeneca is paying $185 million upfront to gain access to an experimental GLP-1 drug from China-based biotech Eccogene.

By Jonathan Gardner • Nov. 9, 2023

Bayer’s new CEO signals business shake-up, plans to slash management

Company head Bill Anderson said Bayer may separate its consumer health or crop science business, and signaled “significant” layoffs are in the future.

By Kristin Jensen • Nov. 8, 2023

Moderna adjusts to changing outlook for COVID vaccine demand

The company recorded a net loss in the third quarter as it “resizes” its manufacturing footprint, and now expects revenue to come in at low end of its previous guidance.

By Delilah Alvarado • Nov. 3, 2023

Novo, Lilly buoyed by fast-growing GLP-1 drug sales

The rival companies reported strong quarterly sales growth for their latest products, which could face off as weight loss treatments next year.

By Jonathan Gardner • Nov. 2, 2023

Pfizer RSV vaccine gets off to fast start on market

The pharma’s shot Abrysvo made over $300 million in sales during the first few months of its launch, and will be an important product to help offset declining COVID-19 vaccine sales.

By Delilah Alvarado • Oct. 31, 2023

Novartis bet on kidney disease drug yields positive study data

The pharma paid more than $3 billion this summer to acquire Chinook Therapeutics and a therapy that just met its goal in a Phase 3 trial.

By Ned Pagliarulo • Oct. 30, 2023

Why prospective real-world studies hold so much promise for clinical research

PrwS studies can reach beyond the limitations of today’s RWE studies and expand the role of RWD across the entire drug development cycle.

By Josh Buddle, Director of Clinical Operations, Flatiron Health • Oct. 30, 2023

Bristol Myers’ neuroscience research head explains the big pharma’s return to brain drugs

Bristol Myers’ Ken Rhodes spoke with BioPharma Dive about biomarkers, diseases of interest and why the company is far from done with neuroscience-focused deals.

By Jacob Bell , Ned Pagliarulo • Oct. 27, 2023

Sanofi to divest consumer unit, joining pharma industry shift

The restructuring came as the French company forecast an earnings drop in 2024, prompting a stock selloff that erased about $20 billion in market value.

By Jonathan Gardner • Oct. 27, 2023

Bristol Myers says new drugs sales will grow more slowly

Company shares fell Thursday as the company adjusted its medium-term guidance for sales of new products like Reblozyl, Camzyos and Abecma.

By Ned Pagliarulo • Oct. 26, 2023

Amgen to lay off 350 Horizon staffers weeks after closing $28B deal

The latest round of cuts brings the company’s total announced workforce reductions this year to more than 1,000.

By Kristin Jensen • Oct. 25, 2023

Novartis delays FDA filing for in-demand radiopharma drug

Mixed survival data from a study of Pluvicto in earlier prostate cancer sparked the slower regulatory timeline.

By Jonathan Gardner • Oct. 24, 2023

J&J medtech head Ashley McEvoy to step down

McEvoy is leaving the company after 27 years to pursue other opportunities. Tim Schmid will now lead the MedTech business.

By Elise Reuter • Updated Oct. 24, 2023

Leveraging real-world evidence with analytics: 3 essential components to capture a 360-degree view of your patient population

Three essential components to create impactful real-world evidence with a 360-degree patient journey.

By Ewa Kleczyk, PhD, SVP, Commercial Analytics & Data Curation • Oct. 23, 2023

Merck allies with Daiichi Sankyo in major bet on antibody cancer drugs

The deal is worth up to $22 billion in total, making it one of the largest pharmaceutical licensing agreements by value.

By Ned Pagliarulo • Oct. 20, 2023

J&J again bumps forecasts on strong immune drug sales

Tuesday’s earnings were the first since J&J officially split off its consumer drug business, now the publicly traded company Kenvue.

By Ned Pagliarulo • Oct. 17, 2023

The top biopharma conferences in 2024

A few key meetings remain this year, like AHA and ASH, while next year’s events are already being planned. Here’s a list of conferences to keep in mind.

By Ned Pagliarulo • Oct. 16, 2023

Pfizer to cut costs, lay off staff on waning demand for COVID products

Sales of Pfizer’s pill Paxlovid and shot Comirnaty have been slower than it anticipated, while a shift to the commercial market for the antiviral drug has been delayed. Shares rose Monday on the reset guidance.

By Ned Pagliarulo • Updated Oct. 16, 2023

Pfizer wins FDA approval for its $7B colitis drug

Acquired with the buyout of Arena Pharmaceuticals, Velsipity enters a competitive market for ulcerative colitis pills.

By Jonathan Gardner • Oct. 13, 2023

Research group says FDA found no misconduct in Pfizer Lyme vaccine trial it helped run

Earlier this year Pfizer removed thousands of participants from a study of its Lyme disease shot over concerns the group, Care Access, wasn't meeting clinical practice standards.

By Delilah Alvarado • Oct. 12, 2023

Bayer opens California plant to make cell therapies

The pharma plans for the new Berkeley facility to produce clinical, and potentially commercial, supplies of a Parkinson’s disease cell therapy being tested by its subsidiary BlueRock. 

By Delilah Alvarado • Oct. 10, 2023

GSK partners with Chinese pharma to expand Shingrix sales

The purchase agreement with Chongqing Zhifei Biological Products is part of GSK’s plan to double sales of the shingles vaccine by 2026.

By Delilah Alvarado • Oct. 9, 2023