The largest pharmas by revenue

Today’s Big News

Apr 15, 2024

Regeneron builds new venture arm with $500M commitment to invest in biotech and beyond


Neumora's schizophrenia drug faces FDA hold over convulsions in rabbits


The top 20 pharma companies by 2023 revenue


Pulmocide exits OPERA with phase 2 evidence of antifungal safety and efficacy


MaaT, eyeing 2026 launch for microbiome therapy, posts 18-month data in aGvHD

The Top Line Podcast: Don’t miss out on the newest episode. Listen now.

 

Featured

Regeneron builds new venture arm with $500M commitment to invest in biotech and beyond

Regeneron is joining its pharma peers, launching its own venture capital wing. The New York pharma plans to commit $100 million annually for the first five years.
 

Top Stories

Neumora's schizophrenia drug faces FDA hold over convulsions in rabbits

The FDA has placed a phase 1 trial of Neumora Therapeutics’ schizophrenia drug on hold after preclinical data revealed rabbits dosed with the drug had experienced convulsions.

The top 20 pharma companies by 2023 revenue

2023 was all about diabetes and obesity drug sellers Novo Nordisk and Eli Lilly posting huge revenue gains as they were the only companies in the biopharma industry with double-digit gains. At the other end of the spectrum, sellers of COVID products saw dramatic decreases in revenue as Pfizer, the top revenue drugmaker in 2022, had a 41% decrease, while Moderna and BioNTech tumbled out of the top 20.

Pulmocide exits OPERA with phase 2 evidence of antifungal safety and efficacy

Pulmocide has added new nuances to the chorus of evidence for its antifungal, reporting data from the phase 2 OPERA-S study to show the candidate can prevent and eradicate infections without causing the problems associated with existing therapies.

MaaT, eyeing 2026 launch for microbiome therapy, posts 18-month data in aGvHD

A year after a long-running clinical hold was lifted on MaaT Pharma’s pooled fecal therapy, the microbiome biotech has touted 18-month data as proof it’s on track to launch the drug in acute graft-versus-host disease in two years’ time.

FDA advisers back new endpoint for myeloma approvals, paving way for faster introduction of new drugs

After oncology experts reviewed arguments in favor of a surrogate endpoint to support multiple myeloma drug approvals, drug developers may soon have a new pathway in the R&D journey.

Novavax comes under pressure from activist investor as COVID sales fall short

Activist investor Shah Capital, which owns 6.7% of Novavax's stock, has claimed that the vaccine developer has been “historically mismanaged” as the firm tries to install new members onto the biotech's board.

Roche picks up Prenosis' newly cleared sepsis AI tool for distribution

Following last week’s de novo clearance for the AI program, Roche has stepped up to distribute Prenosis’ sepsis risk prediction tool through its diagnostic platforms.

AstraZeneca cries havoc over CKD's hit on economies, environment

AstraZeneca is sounding the crisis klaxon after spotting an “urgent and growing” global health situation that has “profound economic and environmental implications.” The drugmaker made the comments in response to forecasts of the impact of chronic kidney disease through 2032.

Epic, Particle Health dispute exposes broader challenges with sharing patient data, health IT experts say

Health IT experts say the rift between the two companies exposes larger problems with health data exchange including a lack of transparency on who is accessing data and how it's being used along with the need for better gatekeeping.
 
Fierce podcasts

Don’t miss an episode

Deep dive: Biopharma layoffs in Q1

Using data from Fierce Biotech's layoff tracker, Gabrielle Masson and Max Bayer analyze the trends of layoffs in the first quarter of 2024, comparing them to previous years.
 

Resources

Whitepaper

Antibody Profiling: Decoding the Humoral Immune System

Antibody biomarkers are redefining precision medicine, from diagnosing diseases earlier to stratifying patients – download your FREE white paper today!
Whitepaper

Straight to Market in an Autoinjector

The use of prefilled syringes to administer biotherapeutics is beginning to gain traction because they offer a range of stability, efficacy, and patient safety benefits. Download this white paper to learn how Lonza has developed a novel workflow to ensure confidence regarding functionality in PFS and autoinjectors.
eBook

Discover the future of mAb manufacturing

Unlock the future of mAb manufacturing with our complete guide to integrating the revolutionary Gibco™ Efficient-Pro™ Medium and Feeds System, enhancing productivity and quality for exceptional outcomes 
Whitepaper

Oncology Market Outlook 2024

This paper assesses the current state of the oncology market, reviewing key expectations for 2024. It addresses CAR-T therapies, KRAS, radiopharmaceuticals, & targeted protein degradation.

Whitepaper

Guidance for Biotechs Choosing Next-Gen Contract GMP/CMC Labs

Choosing the right contract lab can help drug developers accelerate their timelines and generate cost-efficiencies. For insights into what to look for when selecting a GMP/CMC lab partner read this white paper which delves into a range of factors that can support your needs in both the short-term and in planning for the future.
 

Industry Events

Drug Development Boot Camp® VIRTUAL | Spring 2024

April ‌10-11, ‌2024

On Helix

Date: ‌4 ‌July ‌2024 ‌- ‌Location: ‌Babraham ‌Research ‌Campus, ‌Cambridge ‌UK

 

Upcoming Fierce Events