Dr Reddy's Laboratories has reported a 17% decline in net profits at INR5.7bn ($93m) for the second quarter ended September, weighed down by higher operating expenses. Consolidated revenues for the period rose by 7% to INR35.9bn.
Dr Reddy's Laboratories has reported a 17% decline in net profits at INR5.7bn ($93m) for the second quarter ended September, weighed down by higher operating expenses. Consolidated revenues for the period rose by 7% to INR35.9bn.
Selling, general and administrative expenses stood at INR10.7bn (+10%) while R&D expenses were higher at INR4.1bn (+37%).
Nemluvio is a first-in-class IL-31 inhibitor that the US FDA approved for prurigo nodularis.
New pivotal data on Regeneron and Sanofi’s antibody in chronic urticaria are underwhelming, though probably sufficient for approval. A green light may beckon in bullous pemphigoid, too.
The Danish firm’s dermatology products have made significant strides in the past six months, leading to an upwards revision of its sales forecast for full-year 2024.
TMB-001, a topical formulation of isotretinoin, missed its primary endpoint in the ASCEND study and will not be filed for approval. Leo is turning its attention to hand eczema and dealmaking.
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Pipelines in bioconjugates continue to develop, from ADCs to XDCs, with radionuclide drug conjugates (RDCs) and antibody-oligonucleotide conjugates (AOCs) leading the expansion.
Interim results from the Phase III REMARK study presented at WCLC showed the Chinese company’s second-generation ALK/ROS1 inhibitor met its primary endpoint as a first-line therapy in ALK-positive advanced NSCLC.
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