Stock Watch: Reaction To Pharma’s Q2 Earnings Remains Mixed

Binary reactions continued in the second week of the earnings season as AstraZeneca and Sanofi unveiled their financials. This time, the performance of co-marketed products and differing exposures to China were possible culprits.

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ANDY SMITH OFFERS A LIFE SCIENCE INVESTOR'S PERSPECTIVE ON BIOPHARMA BUSINESS

The start of the second week of the second quarter of 2024’s earnings season continued to produce reports that were either booed or applauded by investors. As with Novartis AG and Johnson & Johnson the week before, investors’ reactions to AstraZeneca PLC’s and Sanofi’s second-quarter announcements were quite different.

When AstraZeneca reported second-quarter total revenues that grew by over 13% on the same quarter of 2023 and by 2%...

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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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