Don’t sleep on ResMed’s CPAP battle with Philips

Today's Big News

Apr 28, 2023

Amgen cuts lupus programs for futility, hours after Lilly officially walks away from one too


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


ResMed CEO on Philips’ return to CPAP market: ‘Game on’


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


Dexcom sets new user records in first quarter following G7 kickoff

 

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Amgen cuts lupus programs for futility, hours after Lilly officially walks away from one too

In a day chock-full of Big Pharma earning calls and accompanying pipeline culls, Amgen is no exception, slicing both of its mid-stage lupus programs for futility.
 

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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.

ResMed CEO on Philips' return to CPAP market: 'Game on'

ResMed has finally been able to scale up production of its sleep apnea hardware and fill the massive gaps left by Philips and its respirator recalls. But now that Philips is looking to make its return, ResMed says it’s off to the races.

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.

Dexcom sets new user records in first quarter following G7 kickoff

After collecting a long-awaited FDA clearance for the latest generation of its wearable continuous glucose monitor last December, Dexcom has offered a peek into the momentum behind its G7 diabetes sensor.

Gilead’s R&D spending spiked 25% in Q1, shortening investment gap with peers

Gilead accelerated R&D spending in the first quarter, notching a 25% increase versus the first quarter of 2022. Company executives attributed the rise in part to ramping up a bevy of ongoing mid-to-late-stage trials.

Playing catch-up with Merck, Pfizer scores pediatric approval for Prevnar 20

With its next-generation pneumococcal vaccine, Pfizer has been playing catch-up with Merck in the indication’s key age group—infants. Thursday, Pfizer got to the finish line 10 months after its rival, but with a shot that offers more protection.

Intuitive Surgical collects new prostate procedure clearances for its single-port robot

Intuitive Surgical has claimed a new FDA clearance for its single-arm robot, dubbed the da Vinci SP, that expand its reach in urology procedures.

The first Humira biosim is doing Amgen more harm than good—for now

The U.S. launch of a biosimilar to AbbVie’s Humira appears to be hurting the copycat’s developer itself. After AbbVie reported a Humira U.S. sales decline of 26% in the first quarter, Amgen said its rival TNF blocker Enbrel suffered an even bigger loss.

Chutes & Ladders—BMS CEO set to leave after 8-year run

Bristol Myers Squibb came in hot with one heck of a news bomb, announcing Thursday that CEO Giovanni Caforio, M.D., plans to retire in November after eight years at the helm.

'The Top Line': A special series on Narcan, the life-saving nasal spray

This week on "The Top Line," we're launching a mini-series on Narcan the nasal spray. It is the first naloxone product to be approved for use without a prescription.
 
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'The Top Line': How Pfizer became the first in Big Pharma history to break $100B in sales, plus this week's 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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