Insulet revenue swells 30% in 2023

Today’s Big News

Feb 23, 2024

Novo Nordisk, Eli Lilly lead industrywide sales surge in Q4


GSK, Vir end flu drug alliance, removing key piece of $345M pact


Insulet annual revenue reaches new heights, growing 30% on Omnipod 5 boost 


Travere's Filspari, J&J's Carvykti win support from CHMP in blitz of positive recommendations 


Galapagos halts lupus CAR-T program, confirms 100 layoffs so far this year 


FDA reminds world that it has yet to OK smartwatches for noninvasive glucose monitoring 

 

Featured

Novo Nordisk, Eli Lilly lead industrywide sales surge in Q4

While Novo Nordisk and Eli Lilly continued to be the biopharma industry growth leaders in the fourth quarter of 2023, many other drugmakers also delivered big gains, including Daiichi Sankyo, Amgen, Teva, GSK and Novartis.
 

Top Stories

GSK, Vir end flu drug alliance, removing key piece of $345M pact

GSK is walking away from a core piece of its $345 million bet on Vir Biotechnology. The partners have ended their collaboration on anti-influenza antibodies, freeing Vir to “actively” pitch the candidates to other companies while continuing to work with GSK on different respiratory pathogens.

Insulet annual revenue reaches new heights, growing 30% on Omnipod 5 boost

As CEO Jim Hollingshead noted during the investor presentation, that increase represents Insulet’s “eighth consecutive year of 20-plus percent revenue growth” when calculated on a constant currency basis.

Travere's Filspari, J&J's Carvykti win support from CHMP in blitz of positive recommendations

Along with host of other positive recommendations, European drug regulators rendered a positive opinion on Travere's Filspari for full approval in Berger’s disease.

Galapagos halts lupus CAR-T program, confirms 100 layoffs so far this year

Galapagos used its earnings report to disclose that work has been halted on a CD19 CAR-T candidate for refractory systemic lupus erythematosus.

FDA reminds world that it has yet to OK smartwatches for noninvasive glucose monitoring

The FDA issued a safety communication this week warning Americans that if they see a smartwatch or smart ring claiming to offer noninvasive blood sugar monitoring, the agency had nothing to do with it, thank you very much.

To BioMarin CEO Alexander Hardy, hemophilia A gene therapy Roctavian needs 3 stars to align

Even Alexander Hardy, the former Genentech leader who managed the blockbuster hemophilia drug Hemlibra, can’t immediately bend the laggard launch trajectory of BioMarin’s gene therapy Roctavian.

Frontier CEO weathers 'one of the hardest financings' of his career to close $80M series C

Frontier Medicines has just closed a $80 million fundraising, but, according to CEO Chris Varma, Ph.D., corralling the capital was, in his own words, harder than the bleakest days of the Great Recession. 

Study shows a frontline Alzheimer’s blood test could be as accurate as spinal fluid exams

Making a simple and accurate blood test available to primary care providers would upend traditional diagnostic methods, where invasive spinal tap procedures or brain scans typically only come after a patient has begun demonstrating cognitive decline.

Chutes & Ladders—AbbVie appoints successor for CEO Rick Gonzalez

AbbVie has formally announced that President and COO Robert Michael will succeed Rick Gonzalez as CEO.
 
Fierce podcasts

Don’t miss an episode

'The Top Line': Breaking down Eli Lilly’s ESG formula

This week on "The Top Line," we explore the impact of environmental, social, and governance measures, commonly known as ESG, on the pharmaceutical industry. Fierce Pharma's Fraiser Kansteiner engages in a conversation with Jim Greffet, Head of ESG Strategy at Eli Lilly, to gain insights and discuss Lilly's specific ESG initiatives.
 

Resources

Whitepaper

The Oncology Market – 2023 Year in Review

This paper offers a detailed review of key events and developments in the oncology market during 2023.  It’s a helpful “status report” that informs how the market is likely to evolve in 2024. It covers, vaccines, radiopharmaceuticals, ADCs, CAR-Ts, bi-specifics, & more.

Whitepaper

Developing and Manufacturing Drugs with HPAPIs

Discover how to effectively classify highly potent APIs and the steps required to develop containment protocols and manufacturing processes that are both safe and efficient.

 

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