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Top biopharmaceutical Covid-19 vaccine companies boosted with over 80% revenue growth

Pharmaceutical Technology

BioNTech has shifted its focus towards oncology, with the company expecting the first results from a Phase II trial of its first-in-class CAR-T drug, BNT211, for multiple solid tumours. However, other challenges facing biopharmaceutical companies include growing generic drug competition, which places pressure on drug prices.

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In the News: October Regulatory and Development Updates

Camargo

announced a collaboration to develop a companion diagnostic for Vitrakvi® (larotrectinib) NTRK (neurotrophic tropomyosin receptor kinase) inhibitor, approved in the U.S. In October, less than 18 months later, the FDA approved the companion test, which will allow physicians to better identify target eligible patients.

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Expanding ketamine’s horizons to treat rare neurological disorders

Pharmaceutical Technology

The company now plans to move this approach into a Phase III trial. In 1970, the FDA approved ketamine as an anesthetic. According to PharmatTher’s November 14 press release, all 10 patients in the Phase I/II trial reported a reduction in dyskinesias after receiving ketamine. Still, Funding is not the only issue.

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Data dive finds cheap diuretic could be Alzheimer’s drug

pharmaphorum

The research by a team of National Institutes of Health (NIH) scientists found that people who took bumetanide, a generic drug usually used to treat heart failure and oedema, had a significantly lower prevalence of Alzheimer’s compared to those not taking the drug.

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Top 40 Best-Selling Oncology Drugs in 2023 by 2022 Data

XTalks

Read on to learn more about the top 40 best-selling oncology drugs in 2023, based on 2022 sales data. Nevertheless, Opdivo continues to hold strong and Bristol Myers Squibb filed an application with the FDA in December for Opdivo in combination with cisplatin chemotherapy as a first-line treatment in advanced urothelial carcinoma.

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In the News: September 2021 Regulatory and Development Updates

Camargo

The new Type D meeting , which allows for quicker discussion of a narrow set of issues (no more than two focused topics) between the FDA and a sponsor, such as a follow-up question that raises a new issue after a formal meeting. Continued development of the use of complex innovative trial designs. Co-Authors: Bill Stoltman, JD.

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Market cap downturn hits over half of top 20 biopharmaceutical companies in Q1 2023

Pharmaceutical Technology

during Q1 2023 largely due to the advancement of a pair of Phase III trials, Oceanic-AF and Oceanic-Stroke, for their blood-thinning drug, Asundexian. Although Sanofi may face generic drug competition this year for its multiple sclerosis drug, Aubagio, the company is expected to maintain their sales of Dupixent, accounting for 43.3%

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