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Biotech Industry Intelligence

WuXi AppTec’s bet on the US pays off as revenues dip elsewhere

WuXi AppTec’s bet on the US pays off as revenues dip elsewhere

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WuXi AppTec’s sales are becoming even more increasingly dependent on the US despite the service provider not yet fully shaking off concerns over its ties with the Chinese military.

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Biotech Industry Intelligence

Wave crashes on obesity disappointment

Wave crashes on obesity disappointment

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There’s a reason lots of companies are working on GLP-1-based drugs for obesity: The other stuff tends not to work. The latest biotech to learn this the hard way is Wave Life Sciences, which​ ​Read More

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Biotech Industry Intelligence

Maze Loses Nearly a Third of Market Share on Mixed Midstage Kidney Drug Data

Maze Loses Nearly a Third of Market Share on Mixed Midstage Kidney Drug Data

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Besting Vertex Pharmaceuticals’ kidney disease asset wasn’t enough to impress Wall Street, which appears to be “getting hung up” with the broad population data in Maze Therapeutics’ trial, according to Mizuho.​ ​Read More

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Biotech Industry Intelligence

Boehringer Ingelheim plans for dealmaking and R&D spending amid US price pressure

Boehringer Ingelheim plans for dealmaking and R&D spending amid US price pressure

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Boehringer Ingelheim said it plans to keep up high levels of R&D spending, and could look at China-based companies for dealmaking, as key planks of its strategic approach this year, board chairman Shashank Deshpande said …​ ​Read More

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