ICYMI: Biogen, GSK And Roche Slip Pipeline Setbacks Into Earnings Reports

The first round of third-quarter earnings reports for big pharmas quietly featured news about drug discontinuations and failures.

Biogen Inc. announced during an Oct. 26 earnings call that it was discontinuing development of the sphingosine 1-phosphate (S1P) receptor modulator amiselimod, which it was developing for a range of autoimmune diseases.

Biogen announced the acquisition of the S1P modulator, then called MT-1303, from Mitsubishi Tanabe Pharma Corp. in September 2015...

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