Kerendia Could Be Next Jewel In Bayer's Pharma Crown

CEO Bill Anderson would not be drawn on whether the drug, currently approved for chronic kidney disease associated with type 2 diabetes, will hit a previous forecast of €3bn peak sales, but expansion into heart failure may make that figure look conservative.

Bayer q2 24
Bill Anderson (r) with chief financial officer Wolfgang Nickl • Source: Bayer

With a steep climb in second-quarter sales and just-released promising data in heart failure, Bayer AG‘s mineralocorticoid receptor antagonist Kerendia is finally looking like a candidate to fill the Germany-headquartered group’s revenue gap from the loss of patent protection on the blood thinner Xarelto.

Kerendia (finerenone) was approved by the US Food and Drug Administration for the treatment of patients with chronic kidney disease...

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