Plus the top 10 most productive biopharmas

This Week

Sep 30, 2022

Eisai and Biogen’s Alzheimer’s disease candidate lecanemab hit its primary trial endpoint, slowing cognitive decline by 27%—a big boost as they head toward an FDA accelerated approval decision in January.

While Eli Lilly’s latest Type 2 diabetes launch and obesity hopeful Mounjaro is in the running to become “the biggest drug ever,” an approval for donanemab—the company’s antibody for Alzheimer’s disease—would simply be “icing on the cake,” according to analysts.

And though a lot has changed since we last ranked the most productive biopharma companies in 2016—with an international pandemic and a few megamergers in between—their numbers are up in our special report, with nine out of 10 companies posting over $1 million in revenue for every employee.

 

Featured

It's a hit: Eisai springs 'major surprise' with phase 3 win for Biogen-partnered Alzheimer's drug

Eisai’s phase 3 clinical trial of Biogen-partnered Alzheimer’s disease candidate lecanemab has hit its primary and key secondary endpoints. The result, which analysts called a “major surprise,” gives a big boost to the partners as they head toward an accelerated approval decision in January.
 

Top Stories

With Lilly's Mounjaro set for stardom, an Alzheimer's win would be 'icing on the cake': analysts

With Eli Lilly’s latest Type 2 diabetes launch and obesity hopeful in the running to become “the biggest drug ever,” an approval for donanemab—the company’s experimental antibody effort against Alzheimer’s disease—would simply be “icing on the cake” for investors. That's according to analysts at UBS.

The top 10 most productive biopharma companies

A lot has changed since we last ranked the most productive biopharma companies with numbers from 2016. Two firms lost their status as standalone companies while boosting their acquirers' positions. This year's ranking also unsurprisingly includes COVID-19 superstars and a couple Big Biotechs.

FDA hands Philips its 5th Class I recall of the year for faulty ventilators

Philips’ respiratory device-focused Respironics business has been in the hot seat for well over a year now, ever since it identified a potentially fatal safety issue with the sound-muffling foam of around 5.5 million of its CPAP and BiPAP machines and other ventilators.

AstraZeneca, Merck withdraw Lynparza's late-line ovarian cancer nod amid PARP inhibitor death concerns

In a decision that has largely flown under the radar, AstraZeneca and Merck & Co. have started pulling Lynparza’s use in heavily pretreated BRCA-mutated advanced ovarian cancer patients, similar to what GSK and Clovis are doing for their own PARP inhibitors.

AstraZeneca dumps Ionis drug despite hit in phase 2 cholesterol trial

Good, but not good enough. That is the verdict AstraZeneca reached after seeing phase 2b data on its Ionis Pharmaceuticals-partnered cholesterol drug ION449, which comfortably beat placebo but fell short of the bar for further development.

Eli Lilly hit with another age discrimination lawsuit—this time from a federal agency

A year after another similar lawsuit, Eli Lilly faces new allegations from the U.S. Equal Employment Opportunity Commission (EEOC) that it intentionally didn't hire older workers for sales representative positions. The company denies the allegations.

Months after exiting clinical hold, Pfizer readies to resume dosing in phase 3 gene therapy trial

Pfizer is finally nearly ready to resume dosing in its phase 3 hemophilia A gene therapy trial. Six months after the FDA lifted the clinical hold on the study, trial sites are set to resume enrollment with a view to restarting dosing in October.

Novartis wins on quantity, but Eli Lilly takes the cake on value of new launches: report

While novel therapy launches are a staple for the industry, a new report from Evaluate Vantage shows that having a few megablockbusters can provide more value than a wide slate of launches. At least, that's the case for Eli Lilly and Novartis over the last five years.

Washing out WASH protein complex drives inflammation in mice

Researchers have identified a protein complex inside neutrophils that appears to act as a gatekeeper for a highly inflammatory form of exocytosis.

Novartis' Sandoz sells Chinese finished drugs plant to CDMO Jiuzhou for $15.1M

Even as Novartis works to separate Sandoz, the Swiss parent hasn't stopped making deals for the outgoing generics subsidiary. The company is selling a plant that makes finished drug products to a Chinese CDMO for $15.1 million.
 
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'The Top Line': What makes the Fierce 15 honorees tick, Fierce Biotech Summit's spotlight on gene editing and the bear market

This week on "The Top Line," we talk with many of the Fierce 15 honorees to find out what makes them unique. We also share highlights from the Fierce Biotech Summit on gene editing innovations and battling biotech's bear market.
 

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