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BioSpace News Archive
Browse BioSpace’s published news and press releases by year, month, and day.
173 Results
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Business
Eisai to Likely Miss Patient Goal for Leqembi by End of March 2024
Thanks to a rough launch of its Biogen-partnered Alzheimer’s disease treatment, Eisai will likely miss its target of treating 10,000 patients with Leqembi by the end of March 2024.
February 7, 2024
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2 min read
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Tristan Manalac
Deals
Novo’s Catalent Acquisition Surprises Some Analysts, Raises Questions About Existing Contracts
While analysts are bullish on Novo Holdings’ $16.5 billion acquisition of Catalent, they say it raises questions for companies that have contracted the CDMO for manufacturing.
February 7, 2024
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3 min read
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Tyler Patchen
Business
Balancing act: Patient access and innovation
This week Lori, Greg and Tyler discuss drug pricing reforms. CMS sent offers to manufacturers of the 10 drugs that have been selected for Medicare price negotiations. What’s the best way forward that benefits patients while still supporting the innovation that makes these drugs possible? How will the election impact negotia
February 7, 2024
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1 min read
Drug Development
Gilead’s Q4 Revenue Slips on Weaker HIV and COVID-19 Sales, Amid Phase III Flops
Hit with lower sales of its COVID-19 antiviral Veklury and the weak performance of its HIV franchise, Gilead Sciences reported a 4% year-over-year revenue loss in the fourth quarter of 2023.
February 7, 2024
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2 min read
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Tristan Manalac
Industry Veterans Launch $310M VC Fund for Biotech Startups
Venture capital firm Scion Life Sciences, led by investors Samuel Hall, Aaron Kantoff and Tadd Wessel, seeks to establish biotechs through to maturity as late- or commercial-stage companies.
February 7, 2024
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2 min read
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Tristan Manalac
Job Trends
The Top 11 Biopharma Companies Hiring Now
Takeda, AbbVie and Moderna are among the companies with open positions.
February 7, 2024
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1 min read
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BioSpace Editorial Staff
Business
Lilly to Boost Manufacturing Capacity to Support Weight-Loss Pill Candidate
Eli Lilly on Tuesday said it is already making manufacturing investments for orforglipron, its next-generation oral weight-loss candidate that recently moved into Phase III development.
February 7, 2024
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2 min read
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Tristan Manalac
Business
Jazz Inks Potential $880M Deal with Redx to Buy KRAS Inhibitors
Jazz Pharmaceuticals is acquiring Redx Pharma’s KRAS inhibitor program including preclinical-stage drug candidates, with the companies working to advance assets through IND-enabling studies.
February 7, 2024
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2 min read
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Tyler Patchen
Policy
J&J Lawsuit Asserts Employer Liability for High Drug Costs
A proposed class-action lawsuit accuses Johnson & Johnson of failing to negotiate fair prescription drug prices for its employees, but experts note that the company is also on the hook for benefits costs.
February 7, 2024
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3 min read
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Shawna Williams
MOB-015 is launched in Sweden under the brand name Terclara- pharmacies report major demand for the new medication
Moberg Pharma ABs marker partner in Sweden - Allderma AB, a company which specialises in the sale of over-the-counter pharmaceuticals - has now launched sales of MOB-015 under the Terclara® brand.
February 7, 2024
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4 min read
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