Edwards links TAVR growth with hospital hiring

Today's Big News

Apr 27, 2023

Bristol Myers' Giovanni Caforio to hand CEO baton to commercial chief Chris Boerner


Merck reveals HIV combo trial is back in the running after FDA partial hold lifted


Bristol's multiple new launches won't stop it from scouting for M&A deals, CEO says


Edwards Lifesciences pegs growing TAVR sales to hospital hiring gains


Lots of ways for donanemab to win’ in Alzheimer's, Lilly says. Now they just need the data


As Humira biosims take hold, longtime AbbVie CEO Gonzalez talks succession plans

 

Featured

Bristol Myers' Giovanni Caforio to hand CEO baton to commercial chief Chris Boerner

In a surprise announcement Wednesday, Bristol Myers Squibb said CEO Giovanni Caforio will end his eight-year tenure and hand the baton to chief commercialization officer Chris Boerner.
 

Top Stories

Merck reveals HIV combo trial is back in the running after FDA partial hold lifted 

The middle of Merck & Co.’s clinical batting order took center stage on the company’s first-quarter earnings call, including a phase 2 HIV combo therapy that once again returned to the lineup.

Bristol's multiple new launches won't stop it from scouting for M&A deals, CEO says

Bristol Myers Squibb is already juggling several important drug launches. But that doesn’t mean the company can’t take on another near-to-market asset now through an M&A deal, CEO Giovanni Caforio said.

Edwards Lifesciences pegs growing TAVR sales to hospital hiring gains

CEO Michael Mussallem attributed part of the growth to improvements in healthcare hiring across several hospital departments, not just in the OR.

'Lots of ways for donanemab to win' in Alzheimer's, Lilly says. Now, it just needs the data

Analysts are desperately trying to read the tea leaves comparing Eli Lilly’s Alzheimer’s med and Eisai/Biogen’s Leqembi before the mug is cool, but executives say there are “lots of ways for donanemab to win.”

As Humira biosims take hold, longtime AbbVie CEO Richard Gonzalez talks succession plans

As AbbVie trudges through its long-dreaded year of biosimilar erosion to Humira, its longtime CEO is considering giving up the wheel. But such a move would only come after the dust settles, he said.

AstraZeneca dumps $855M, near-approval rare disease drug after talks with regulators

AstraZeneca has dumped a $855 million rare disease drug candidate after chalking up a pair of phase 2 flops, despite the prospect previously hitting the mark in a much larger phase 3 trial. The drugmaker disclosed the action alongside news of the jettisoning of a nonalcoholic steatohepatitis (NASH) therapy.

After recent M&A moves, Merck CEO says he's thinking beyond Keytruda's eventual downfall

Recent moves by Merck—including last week’s $10.8 billion purchase of Prometheus Biosciences and its late-stage bowel disease candidate PRA023—have CEO Rob Davis thinking beyond the foreboding year of 2028. That's when the company expects to lose patent protection on cancer superstar Keytruda.

Quest Diagnostics pens $450M deal for cancer detection startup Haystack Oncology

The clinical testing giant plans to acquire the Baltimore-based Haystack for its technology to detect minimal residual disease, by catching the early signs of a solid tumor’s recurrence by sifting out small pieces of cancer DNA floating in the bloodstream.

Spurned by Big Pharma collaborators, Sangamo lays off 27% of US staff in latest refocus

A month after being abandoned by Biogen and Novartis in quick succession, Sangamo is now laying off around 120 employees as the genomic medicines biotech refocuses on three key areas.
 
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'The Top Line': Pfizer's record-breaking sales, plus headlines

This week on "The Top Line," we talk about how Pfizer became the first company in Big Pharma history with $100 billion in sales. We also dive into a J&J data leak, Eli Lilly's manufacturing spending plan and more of this week's top headlines.

 

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