Celgene solid in 3Q, looks to Abraxane's potential in melanoma
This article was originally published in Scrip
Executive Summary
Celgene reported a 14% increase in net product sales for the third quarter of 2012 on 25 October as well as upbeat Phase III clinical trial results in metastatic melanoma for Abraxane (paclitaxel protein-bound particles for injectable suspension; albumin bound) ahead of late-stage data in pancreatic cancer.
You may also be interested in...
Finance Watch: Canaan, Regeneron Reveal New Funds For Start-Ups
Private Company Edition: Regeneron launched a $500m venture fund and Canaan added $100m, bringing the venture firm’s recent total to $1bn-plus. Also, incubators plan to grow over the next decade and in recent financings Avenzo raised $150m and Nvelop launched with $100m.
Sage’s Dalzanemdor Prospects In Doubt After First Mid-Stage Readout
Dalzanemdor (SAGE-718) showed no difference from placebo in a Phase II Parkinson’s disease study, raising concerns about readouts later this year in Huntington’s and Alzheimer’s diseases.
First Phase III Depression Data For Intra-Cellular’s Caplyta Exceed Expectations
With positive results from the first Phase III trial of lumateperone in major depressive disorder and a second readout expected later this quarter, the company plans a supplemental filing in late 2024.