While most big pharma oncology franchises seemed to be recovering from the pandemic in the second quarter of 2022, by the third quarter some looked to be struggling once more. Novartis AG’s third-quarter oncology sales fell by nearly 27%, while those of Pfizer Inc.* and Sanofi both fell by about 0.5% on the corresponding quarter of 2021. Nevertheless, those at Merck & Co., Inc. and AstraZeneca PLC grew by just under 20% and Johnson & Johnson’s rose by nearly 11%.
Meanwhile, Roche Holding AG and Bristol Myers Squibb Company (BMS) both reported around an 8% drop in third-quarter...








