Pharma: Page 30


  • Giovanni Caforio, chairman of the board and CEO of Bristol-Myers Squibb Co., testifies before the Senate Finance Committee on "Drug Pricing in America: A Prescription for Change, Part II" February 26,
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    Win McNamee via Getty Images
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    Bristol Myers’ Caforio stepping down as CEO in November

    Commercial chief Christopher Boerner will take over after spending the next six months as chief operating officer. Giovanni Caforio will continue to serve as chair of Bristol Myers’ board.

    By Updated April 26, 2023
  • Roche Pharmaceutical Group's office building in Shanghai, China
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    iStock via Getty Images
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    Roche’s new eye drug pressures Eylea with strong launch

    One year after its market debut, the company’s AMD drug Vabysmo is on track for blockbuster sales as Regeneron’s rival treatment faces new threats.

    By April 26, 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
  • Exterior sign of Bristol-Myers Squibb
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    Permission granted by Bristol-Myers Squibb
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    Bristol Myers boosts cell therapy production with Novartis plant

    Accessing the Illinois facility will expand Bristol Myers’ supply of viral vectors following manufacturing struggles with CAR-T drugs Abecma and Breyanzi.

    By Kristin Jensen • April 26, 2023
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    Jacob Bell
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    Novartis trims 10% of drug pipeline in research cutback

    The company cut about 20 early-stage projects, including nine solid tumor programs, after reviewing their strategic fit and commercial potential.

    By April 25, 2023
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    Mario Tama via Getty Images
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    J&J’s consumer health spinoff seeking $3B stock offering in test of IPO market

    The planned IPO by the pharma’s consumer arm would value the new standalone company at over $40 billion.

    By Ned Pagliarulo • April 25, 2023
  • A building with logo of drugmaker Eli Lilly.
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    Courtesy of Eli Lilly
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    Lilly sells emergency diabetes drug for $500M

    The divestment of Baqsimi to Amphastar could net Lilly more than $1 billion if sales goals are met.

    By April 24, 2023
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    Novartis
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    Novartis plant cleared to produce in-demand cancer drug

    The FDA has approved the pharma, which has had difficulty producing radiopharmaceutical drugs, to make its treatment Pluvicto at a New Jersey site.

    By April 24, 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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    Ionis, AstraZeneca detail data backing rare disease rival to Alnylam drugs

    A second-generation treatment called eplontersen halted nerve damage and improved quality of life in a late-stage study the companies are using to seek U.S. approval.

    By Ned Pagliarulo • April 24, 2023
  • People sitting on the floor.
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    FatCamera |GettyImages-1456372164

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    Sponsored by Viatris

    Partnership is key to caring for multiple sclerosis patients throughout their journey

    Empowering people to live healthier goes beyond developing the right treatments.

    By Anne Berger, Head of Alliance Development, Viatris • April 24, 2023
  • Male and female clinicians looking at laptop
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    Permission granted by Qiagen
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    Sponsored by Qiagen

    The rise of AI in pharma: make it work for you

     AI-derived data can range from insightful to useless. Learn how to get one and not the other.

    April 24, 2023
  • Photomicrograph of a diffuse large B-cell lymphoma (DLBCL) a type of non-Hodgkin lymphoma.
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    Getty Images
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    FDA approves earlier use of Roche’s Polivy in common form of lymphoma

    The agency’s decision also converts the biologic drug's approval from accelerated to full, confirming an earlier OK based on tumor responses.

    By April 20, 2023
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    Amgen Inc.
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    Appeals court sides with Amgen in patent fight over psoriasis drug Otezla

    With the court victory, the biotech giant could stave off a set of generic competitors for the top-selling drug until 2028.

    By Kristin Jensen • April 20, 2023
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    Mario Tama via Getty Images
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    J&J leans on cancer drug sales to maintain first quarter growth

    Revenue topped analyst forecasts on strong market performance from the pharma’s multiple myeloma treatments, as well as the last quarter of significant COVID-19 vaccine sales.

    By April 18, 2023
  • A office building is seen with a sign reading "GlaxoSmithKline."
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    Leon Neal via Getty Images
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    GSK to buy Bellus Health and its chronic cough drug for $2B

    The acquisition gives GSK a competitor to a similar drug being developed by Merck for the condition, which the companies estimate affects millions of people in the U.S.

    By Ned Pagliarulo • April 18, 2023
  • Pneumococcal pneumonia, medical concept - stock photo
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    Getty Images
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    Vaxcyte strengthens case for experimental pneumococcal vaccine

    The company reported positive results from a second Phase 2 study of a shot that’s meant to challenge vaccines from Pfizer, Merck and GSK.

    By Updated May 3, 2023
  • People working in lab
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    Permission granted by Cardinal Health
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    Sponsored by Cardinal Health

    Navigate the complexities of cell and gene therapies

    See how the effective use of CMC expertise helped guide a biopharma company’s development of a CGT product.

    April 17, 2023
  • Close-up of a sign with office building and trees in background
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    Getty Images
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    FDA again knocks back Alvotech’s Humira biosimilar

    The agency rejected the partners’ copycat version of AbbVie’s blockbuster drug for a second time, citing problems spotted during the inspection of a manufacturing facility.

    By April 14, 2023
  • Novo boosts sales outlook on strong demand for obesity drug

    The Danish drugmaker nearly doubled the 2023 forecasts for Wegovy and Ozempic in the latest indicator of the sales potential of an emerging and competitive class of weight loss drugs. 

    By Kristin Jensen • April 13, 2023
  • Exterior building picture of the Merck KGaA Life Science site in Burlington, U.S.
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    Courtesy of Merck KGaA
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    FDA, citing safety concerns, places partial hold on Merck KGaA’s MS drug

    Evidence of possible liver damage among study participants adds to growing concerns about the potential of BTK inhibitors to treat MS, a strategy being pursued by several large drugmakers. 

    By Kristin Jensen • April 12, 2023
  • An AbbVie sign is seen on the outside of a building in California.
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    Courtesy of AbbVie
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    AbbVie removes two approvals for blood cancer drug Imbruvica

    In paring back use of Imbruvica, the drugmaker has become the latest developer to voluntarily withdraw indications for a cancer medicine following a setback in confirmatory testing.

    By April 7, 2023
  • Human respiratory syncytial virus virions are shedding from the surface of human lung cells.
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    National Institute of Allergy and Infectious Diseases. (2017). "Human Respiratory Syncytial Virus" [Micrograph]. Retrieved from Flickr.
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    In NEJM, full Pfizer data show RSV vaccine’s protection

    Shots from Pfizer and GSK could soon become the first approved for the common respiratory infection. Results published in the high-profile medical journal give a closer look at the former.

    By Updated April 6, 2023
  • A flag showing the Sartorius logo is seen in front of a manufacturing plant.
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    Courtesy of Sartorius
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    Pharma partner Sartorius eyes gene therapy market with $2.6B deal

    The biotech tools supplier is acquiring Polyplus, a French company that makes components essential to the viral vector backbones of gene therapies.

    By Ned Pagliarulo • March 31, 2023
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    Mario Tama via Getty Images
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    Patent thickets

    Acquired patents aid J&J defense of top-selling drug from biosimilar challenge

    The company is asserting patents gained via its 2020 acquisition of Momenta in litigation to forestall entry of a biosimilar to its psoriasis drug Stelara.

    By March 29, 2023
  • Novartis campus building
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    Novartis 

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    Novartis, following Lilly, claims success in early breast cancer study

    The Swiss drugmaker believes the findings could support an approval of Kisqali in adjuvant breast cancer and, potentially, broader use than Lilly’s rival drug Verzenio.  

    By March 27, 2023
  • Pfizer logo
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    Spencer Platt via Getty Images
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    Pfizer returns cancer immunotherapy rights to Merck KGaA

    Analysts had speculated Pfizer might divest its Bavencio interest to help close its Seagen buyout. A Pfizer spokesperson said the move was “conceived independently” of any other deal, however.

    By Ned Pagliarulo • March 27, 2023