Humira’s dominance continues as the world’s top-selling prescription product as the biologic therapy is the first drug to exceed $20 billion in annual global sales.
Protagonist Therapeutics Inc. discontinued a Phase IIb study for the experimental ulcerative colitis treatment PTG-100 following a review from an Independent Data Monitoring Committee (DMC).
Celgene is scrapping a late-stage Crohn’s disease drug it acquired in a $710 million deal three years ago following an interim data analysis.
The FDA approved Boehringer Ingelheim Pharmaceuticals’ Cyltezo, a biosimilar to Humira, in a pre-filled syringe for treating chronic inflammatory diseases.
A biosimilar version of AbbVie Inc.’s blockbuster arthritis drug Humira, produced by a joint venture of Biogen Inc. and Samsung Biologics, was approved by EU regulators.
Celgene Corp. said its oral drug to treat relapsing multiple sclerosis met the main goal in a second late-stage study.
Pfizer will begin shipping its biosimilar version of J&J’s rheumatoid arthritis drug Remicade in late November 2016 at a 15% discount to current wholesale prices.
2016 Annual Report: Top 200 Medicines
Angiogenesis, August 2016, Autoimmune Diseases, Autoimmune Disorders, Biologics, Biosimilars, Breast Cancer, Cervical Cancer, Colorectal Cancer, Crohn's Disease, Diabetes, FDA, FDA/Regulatory, Hepatitis C, Inflammatory Diseases, Kidney Cancer, Launches, Lung Cancer, Monoclonal Antibodies, Oncology, Ovarian Cancer, Patents, Plaque Psoriasis, Product Launches, Psoriasis, Rheumatoid Arthritis, Sales, Special Reports, Therapeutics, Ulcerative ColitisAbbVie’s biologic therapy Humira for autoimmune diseases was the worldwide prescription-drug sales leader in 2015 for the fourth consecutive calendar term.
April 20, 2016By Mark Terry, BioSpace.com Breaking News Staff South San Francisco-based Second Genome announced today that it had closed on a Series B investment round with $42.6 million. It was co-led by Pfizer Venture Investments and Roche Venture Fund. They were joined by new investors, Digitalis Ventures, Adveq, LifeForce Capital, MBL Venture Capital, […]
Investors Grin Over Biogen’s $3.4 Billion Cash Pile and Earnings Report
Ankylosing Spondylitis (AS), Biosimilars, Biotech, Biotechnology, Business, Crohn's Disease, Health, Multiple Sclerosis, Multiple Sclerosis, Plaque Psoriasis, Psoriasis, Quarterly results, Rheumatoid Arthritis, Rheumatoid Arthritis, Ulcerative ColitisJanuary 28, 2016 By Mark Terry, BioSpace.com Breaking News Staff Cambridge, Mass.-based Biogen Inc. (BIIB) announced its 2015 financial and fourth-quarter reporting yesterday, citing $10.8 billion in annual revenues, an increase of 11 percent over 2014. Biogen exceeded analysts expectations, who were predicting a revenue increase of about 9 percent. Net income was $3.6 […]