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Dragonfly Therapeutics Partners With AbbVie

Dragonfly Therapeutics and AbbVie forged a multi-target research collaboration to advance new treatment options for autoimmune and oncology indications.

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Bristol-Myers wins antitrust approval to buy Celgene

Bristol-Myers Squibb Co. and Celgene Corp. won U.S. antitrust approval for their merger on condition that they sell Celgene’s psoriasis drug Otezla.

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AstraZeneca succeeds in treating lupus in late-stage study

AstraZeneca Plc’s experimental treatment anifrolumab significantly reduced disease activity in patients with the autoimmune disorder lupus in a late-stage study.

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Mallinckrodt receives SEC subpoena over Acthar gel lawsuit

Mallinckrodt Plc received a subpoena from the U.S. Securities and Exchange Commission for documents related to the drugmaker’s lawsuit against the U.S. Department of Health and Human Services (HHS).

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FDA Approves Vumerity for Multiple Sclerosis

The U.S. Food and Drug Administration approved Vumerity (diroximel fumarate) – a novel oral fumarate with a distinct chemical structure – for the treatment of relapsing forms of multiple sclerosis.

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Gilead and Galapagos’ JAK Inhibitor Stumbles in Mid-Stage Lupus Trial

Despite the success Gilead Sciences has experienced with the JAK inhibitor filgotinib in rheumatoid arthritis, the medication failed to hit the mark in mid-stage trials aimed at lupus and Sjogren’s syndrome.

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Acorda to terminate 25 percent of headcount via restructuring

Acorda Therapeutics will terminate approximately 25 percent of headcount as the company initiates a corporate restructuring.

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Q3 2019 sales of Lilly diabetes drug Trulicity fall short

Eli Lilly third-quarter 2019 sales missed Wall Street estimates as rebates limited revenue from the drug manufacturer’s top-selling diabetes medicine Trulicity, and shares fell about 4 percent.

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FDA approves Janssen’s Stelara for ulcerative colitis

The U.S. Food and Drug Administration approved Janssen’s Stelara (ustekinumab) for the treatment of adult patients with moderately to severely active ulcerative colitis.

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UCB hits the mark in bimekizumab psoriasis study

A little more than a week after announcing plans to acquire Ra Pharmaceutical for $2.1 billion, UCB’s psoriasis drug bimekizumab met all endpoints in the first of three Phase III studies.

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