Bristol Myers’ beat completes strong week of pharma earnings
BioPharma Dive
by Ned Pagliarulo
13h ago
All five large pharmaceutical companies to report earnings this week raised either their profit or revenue guidance for the year ..read more
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Two biotechs cut staff; AbbVie weathers biosimilar threat
BioPharma Dive
by BioPharma Dive staff
13h ago
Glycomimetics and Cue Biopharma both revealed layoffs. Elsewhere, AbbVie’s earnings impressed Wall Street and an FDA panel recommended changing testing requirements for some lung cancer drugs ..read more
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Roche says it’ll move quickly with ‘differentiated’ obesity drugs
BioPharma Dive
by Ben Fidler
17h ago
CEO Thomas Schinecker claimed the company has “many opportunities” to stand out in the competitive field, and can get to market “much faster” than investors expect ..read more
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Sanofi’s immunology bet starts to pay off
BioPharma Dive
by Jacob Bell
17h ago
Some analysts described Sanofi’s pipeline of immune system therapies, which includes more than half a dozen drugs in mid- to late-stage testing, as “underappreciated” by investors, as sales of Dupixent rose over the last quarter ..read more
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Warren, Democratic lawmakers introduce bill to resurrect Chevron doctrine
BioPharma Dive
by Ginger Christ
17h ago
The Stop Corporate Capture Act would codify the Chevron doctrine, which required federal courts to give deference to agencies’ reasonable interpretation of ambiguous statutes ..read more
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Viking shares jump on plans to speed obesity drug into late-stage testing
BioPharma Dive
by Kristin Jensen
17h ago
The drug’s advancement continued what one analyst described as a “torrid” pace for Viking’s closely watched medicine, which started human testing in 2022 and could reach a Phase 3 trial next year.   ..read more
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Biogen, Sage tremor drug fails key trial
BioPharma Dive
by Jacob Bell
2d ago
Known as SAGE-324, the drug was one of the key assets Biogen gained rights to through a billion-dollar research deal inked back in 2020 ..read more
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Pfizer says hemophilia gene therapy meets late-stage study goal
BioPharma Dive
by Kristin Jensen
2d ago
While the study results were positive, questions remain about the longer-term potential of hemophilia treatments like Pfizer’s ..read more
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PBMs battle bipartisan scrutiny as lawmakers eye reforms
BioPharma Dive
by Susanna Vogel and Rebecca Pifer
2d ago
Top executives at CVS Caremark, Optum Rx and Express Scripts made a rare congressional appearance to defend their companies’ drug pricing policies ..read more
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FDA medical device chief Shuren to step down after 15 years
BioPharma Dive
by Susan Kelly and Elise Reuter
2d ago
Michelle Tarver, deputy director for transformation, will serve as acting director of the FDA’s medical devices office ..read more
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