Stock Watch: Swelling Obesity Sales Boost Post-Pandemic Diabetes Drug Growth

Therapeutic Diabetic Franchises Have Been Transformed

The evolution of new drugs to treat diabetes has enabled some diabetes franchises to shrug off biosimilar competition to insulins. But is some of the growth of therapies for diabetes and obesity a result of the pandemic?

Stock Watch Image, Andy Smith
ANDY SMITH OFFERS A LIFE SCIENCE INVESTOR'S PERSPECTIVE ON BIOPHARMA BUSINESS

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...

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Scrip-Business (Free-1): Top-Selling Drugs 2024: Keytruda, Ozempic And Dupixent Dominate

 
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Merck’s immuno-oncology blockbuster was the world’s best-selling drugs by revenues for the second year in a row, with an almost $12bn lead over its closest rival, Novo Nordisk’s GLP-1 drug Ozempic.

Stock Watch: When Development Goes Too Far

 
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R&D managers can sometimes drive a drug’s development despite evidence of its unviability. This has recently resulted in a scramble to adjust in-progress trial protocol and post-approval cost-effectiveness concerns.

Stock Watch: Bad Deals Backfire On Bayer And CSL

 
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As the pharma earnings season wrapped up, it seemed like a contest to see which company's stock price dropped the most after their announcement and which made the poorest acquisition.

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