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J&J pharma leader to retire; Krystal slumps on gene therapy miss
Jennifer Taubert will step down after a lengthy run leading J&J’s pharmaceutical business. Elsewhere, pricing issues hampered what Wall Street analysts view as an otherwise strong gene therapy launch.
The anti-TL1A antibody from Merck’s 2023 Prometheus buy delivered positive mid-stage results in a skin condition but failed in a certain type of lung disease, the Big Pharma revealed alongside second-quarter earnings.
Lower vaccine demand across every market and more acute pressures in Germany led BioNTech to lower the midpoint of its sales outlook by almost 20%.
While both drugmakers face looming patent cliffs, analysts say joining forces could help Bristol Myers Squibb replenish its eroding portfolio—while the strategic case for AstraZeneca seems to be more mixed.
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Merck’s $10.8B Prometheus deal delivers another win—plus a Phase 2b miss
BioNTech cuts sales forecast on slumping demand for COVID-19 vaccine
J&J pharma leader to retire; Krystal slumps on gene therapy miss
As portfolio erodes, BMS stands to gain a lot from rumored AstraZeneca merger
STAT+: Are AI scribes medical devices? UK regulator weighs in.
Pfizer cuts $2.5B more across R&D, manufacturing in ongoing restructure
Illinois’ financial crisis could bring the state to a halt
The final 6 ‘Game of Thrones’ episodes might feel like a full season
New Season 8 Walking Dead trailer flashes forward in time
Mod turns ‘Counter-Strike’ into a ‘Tekken’ clone with fighting chickens
Meet Superman’s grandfather in new trailer for Krypton
Disney’s live-action Aladdin finally finds its stars
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