BMS’ Cobenfy stumbles in ph. 3 adjunctive trial

Today’s Big News

Apr 23, 2025

Sanofi, Novartis CEOs lambast EU price control as Trump reportedly weighs drug cost parity with other nations 


Roche's Genentech builds autoimmune Repertoire with deal worth up to $765M 


Bristol Myers' schizophrenia drug Cobenfy stumbles as adjunctive treatment, denting blockbuster plan 


Intuitive posts strong first-quarter earnings as tariffs set to squeeze margins 


Gilead mounts campaign to close ‘HIV gender gap,’ calling for greater inclusion of women in UK HIV response 


Vanda sues FDA over hearing delay as agency points to mass layoffs, other litigation with the biopharma


With new trial win, Akeso bispecific shows prior success against Keytruda is no 'fluke'

 

Featured

Sanofi, Novartis CEOs lambast EU price control as Trump reportedly weighs drug cost parity with other nations

CEOs from European drugmakers Sanofi and Novartis have inked a letter in The Financial Times urging the European Union to set drug prices relative to those in the U.S., among other measures. The chief executives argued that the move is necessary to prevent the continued pivot of European drugmakers toward more lucrative biopharma markets like China and the U.S.
 

Top Stories

Roche's Genentech builds autoimmune Repertoire with deal worth up to $765M

Roche’s Genentech has inked a deal with Repertoire Immune Medicines aimed at discovering and developing T cell-targeted medicines in the autoimmune disease space.

Bristol Myers' schizophrenia drug Cobenfy stumbles as adjunctive treatment, denting blockbuster plan

Schizophrenia drug Cobenfy, a key component in Bristol Myers Squibb’s plan to navigate a transition period of major loss of exclusivity, has hit a phase 3 setback.

Intuitive posts strong first-quarter earnings as tariffs set to squeeze margins

As part of its quarterly earnings report, Intuitive said it expects tariffs to increase its cost of sales by about 1.7% of its annual revenue before the end of this year.

Gilead mounts campaign to close ‘HIV gender gap,’ calling for greater inclusion of women in UK HIV response

Gilead Sciences and Sophia Forum, a London-based charity, have launched a campaign to improve HIV care and outreach for women in the U.K.—a group that, according to the partners, has long been overlooked in the nation’s response to the epidemic.

Vanda sues FDA over hearing delay as agency points to mass layoffs, other litigation with the biopharma

Vanda Pharmaceuticals is suing the FDA again, this time alleging the agency is unlawfully delaying a hearing to discuss the rejection of the biotech's stomach disorder drug last September.

With new trial win, Akeso bispecific shows prior success against Keytruda is no 'fluke'

Akeso and Summit Therapeutics’ PD-1/VEGF bispecific antibody ivonescimab has posted another phase 3 trial win in lung cancer, this time as part of a chemotherapy combination.

Ypsomed carves out diabetes business in $512M deal to focus on GLP-1 self-injectors

Ypsomed plans to trade its insulin pump arm to a new Swiss medtech, TecMed, in a deal worth up to 420 million francs or about $513 million.

Trump administration cuts down funding for largest women’s health research initiative in US

The Department of Health and Human Services is cutting off funding to the long-running Women’s Health Initiative in September, a move that leaves the fate of one of the world's largest women’s health studies hanging in the balance.

Coherus loses commercial chief amid exit from biosimilar space

Paul Reider has followed Coherus BioSciences’ last biosimilar product out the door. As the biotech completes its pivot from biosimilars to novel immuno-oncology programs, Reider has resigned as chief commercial officer to pursue other opportunities.

Bayer tunes precision oncology development using ConcertAI's database

Bayer is boosting its precision oncology efforts with a molecular database from health tech firm ConcertAI.
 
Fierce podcasts

Don’t miss an episode

Navigating Trump’s tariffs for pharma

This week on “The Top Line,” we unpack the latest tariffs from the Trump administration and their potential impact on the life sciences industry.
 

Resources

eBook

Through a CRO's perspective: Innovative, Agile Solutions In Vaccine Efficacy Testing

Typical vaccine development timelines have averaged 10 years, but the time from the SARS-CoV-2 genetic sequence’s release to the submission of the first vaccine clinical trial data for regulatory review was a mere 314 days. In IQVIA Laboratories’ Vaccine eBook we focus on how contract research organizations (CROs) can best leverage strategic partnerships with sponsors to prepare for the next pandemic.
Whitepaper

Protect Your Trial Data: Endpoint, Imaging, and Safety Review

Is your clinical trial data truly reliable? Learn how a combined approach using Imaging Core Labs and Endpoint Adjudication Committees (EAC) can minimize risk, control costs, and strengthen your study from the ground up. Don’t leave success to chance—arm yourself with the insights to stay ahead.
Research

Best Practice Customer-Facing Organization Study Report

We interviewed 15 biopharma leaders on the critical success factors for building a Best Practice customer-facing organization. This report shares what we learned.
 

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