Pharma: Page 29
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Obesity drug mania takes over Amgen’s earnings call
Analysts pressed company executives Tuesday on the potential of its GLP-1 drug for weight loss, early-stage results for which were published this week.
By Ned Pagliarulo • Feb. 7, 2024 -
AstraZeneca to invest $300M in US cell therapy plant
The UK drugmaker is adding a facility in Rockville, Maryland, after a spate of dealmaking in the therapeutic field.
By Kristin Jensen • Feb. 7, 2024 -
Explore the Trendline➔
Brian Tucker / BioPharma Dive/BioPharma Dive
TrendlineTop 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 -
Lilly sales surge on obesity, diabetes drug demand
The company also reported trial results suggesting tirzepatide, the drug Lilly now sells as Mounjaro and Zepbound, could treat a common liver disease.
By Jonathan Gardner • Feb. 6, 2024 -
J&J says top drug prospect works across autoimmune disorders
The pharma disclosed positive results from two studies testing its antibody drug nipocalimab in generalized myasthenia gravis or Sjögren's disease.
By Jacob Bell • Feb. 5, 2024 -
Sanofi appoints Nestlé executive as new finance chief
François-Xavier Roger will replace current CFO Jean-Baptiste Chasseloup de Chatillon as Sanofi continues a research pivot and cost-cutting drive.
By Delilah Alvarado • Feb. 1, 2024 -
Merck keeps deal focus with Keytruda patent cliff on horizon
The company is open to deals the size of its prior Acceleron and Prometheus buyouts. “We continue to believe we need more,” CEO Rob Davis said.
By Ned Pagliarulo • Feb. 1, 2024 -
Roche shuffles early stage pipeline as it joins obesity rush
Roche said it was shelving those drugs in favor of experimental programs to treat obesity that it gained from its takeover of Carmot Therapeutics.
By Jonathan Gardner • Feb. 1, 2024 -
GSK sales of RSV vaccine stay strong, beating forecast
The British drugmaker reported Arexvy sales of about $1.5 billion for 2023, higher than the range it had previously predicted for the year.
By Delilah Alvarado • Jan. 31, 2024 -
Novo resumes supplying starter doses of obesity drug Wegovy
The announcement ends a nine-month delay related to manufacturing snags that slowed Novo’s ability to meet demand for the fast-selling medicine.
By Jonathan Gardner • Jan. 31, 2024 -
Bristol Myers gets positive data in subcutaneous Opdivo trial
An under-the-skin Opdivo shot produced similar results to an intravenous formulation in kidney cancer, giving Bristol Myers a chance at sustaining sales past a key patent expiration in 2028.
By Jonathan Gardner • Jan. 29, 2024 -
J&J focuses on newer meds to offset Stelara patent cliff
Executives talked up the company’s cash position and incremental dealmaking as ways to buttress against incoming competition.
By Michael Gibney • Jan. 24, 2024 -
Gilead ADC medicine misses goal in closely watched lung cancer study
Trodelvy didn’t outperform chemotherapy in a large study of people with a common lung tumor, a setback that sent company shares down by double digits.
By Jonathan Gardner • Jan. 22, 2024 -
Sanders threatens to subpoena J&J, Merck CEOs over drug prices
The Senate HELP committee, which is seeking testimony from J&J's Joaquin Duato and Merck's Robert Davis, hasn't issued a subpoena since 1981.
By Jonathan Gardner • Jan. 19, 2024 -
Five years after Shire deal, Takeda hopes to reap rewards of latest reinvention
Amid scrutiny of Takeda’s past megamerger, Chief Scientific Officer Chris Arendt said it has built a drug pipeline that will deliver.
By Meagan Parrish • Jan. 19, 2024 -
Bayer signals ‘significant’ layoffs in plan to shrink bureaucracy
The company said it has secured agreement from labor representatives in Germany for job cuts that will shed “many managerial employees.”
By Kristin Jensen • Jan. 18, 2024 -
FDA widens approval of Vertex’s CRISPR medicine to treat beta thalassemia
The agency’s decision to expand use of Casgevy, which won a landmark OK for sickle cell disease in December, comes two months ahead of schedule.
By Ned Pagliarulo • Jan. 16, 2024 -
Sponsored by ClinicalMind
Simplifying speaker engagement in Pharma: A holistic approach
Relationships with Speaker Bureau faculty are among the most important that a biopharmaceutical company nurtures.
Jan. 16, 2024 -
The biopharma industry outlook on 2024: Guarded optimism for a rebound
A stock market run and a flurry of dealmaking have buoyed a sector that spent much of 2023 in a downturn. Can the momentum last?
By Ned Pagliarulo • Jan. 16, 2024 -
FDA says no ‘clear relationship’ between GLP-1 drugs and suicide risk
Regulators will continue to evaluate suicide ideation as the data don't "definitively rule out" an association.
By Jonathan Gardner • Jan. 12, 2024 -
5 questions facing pharma in 2024
New drugs for obesity and cancer are the focus of many pharma companies, some of which are also grappling with how to manufacture complex cell and gene therapies.
By Jonathan Gardner , Ned Pagliarulo • Jan. 10, 2024 -
JPM24: Novartis’ head start, FTC fallout and Bluebird’s price defense
Radiopharma drugmakers spoke with BioPharma Dive about chasing Novartis in the hot field, while Bluebird’s CEO explained the company’s sickle cell therapy pricing.
By Ben Fidler , Ned Pagliarulo , Gwendolyn Wu • Jan. 10, 2024 -
JPM24: Pfizer’s tough sell, the next Karuna and building a biotech platform
Albert Bourla acknowledged Pfizer’s difficult 2023, while PureTech’s Daphne Zohar spoke with BioPharma Dive about building neuroscience startups.
By Ben Fidler , Delilah Alvarado • Jan. 9, 2024 -
GSK to buy asthma drug startup Aiolos for $1B
Aiolos, which raised a Series A round three months ago, is developing an antibody that shares a target with Amgen and AstraZeneca’s Tezspire.
By Ned Pagliarulo • Jan. 9, 2024 -
JPM24: Nvidia’s AI dreams, Sarepta’s rosy outlook and Jeff Jonas’ new job
The chip maker struck a new deal with Amgen last Monday, while Sarepta brought news of strong sales to the J.P. Morgan Healthcare Conference.
By Gwendolyn Wu , Delilah Alvarado , Ben Fidler • Jan. 8, 2024 -
Merck pays $680M for struggling cancer biotech Harpoon
The acquisition will build out Merck’s pipeline of immunotherapies as its top-seller Keytruda nears the end of U.S. market exclusivity.
By Jonathan Gardner • Jan. 8, 2024