Lots To Celebrate Among 2021 Drug Launches, But Underlying Trends Underwhelm
The number of new drugs that launched in 2021 was on par with recent high trends, but launch trajectories generally underwhelmed commercially – except for COVID-19 vaccines.
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Up, Up And Away: A Comparison Of Industry R&D Spend Now Versus 10 Years Ago
Average R&D spending by the top 25 biopharma companies increased as a percent of sales from 14.4% in 2010 to 17% in 2020, according to an EY report.
Biogen Halves Aduhelm Price, Readies $500m In Cost Cuts
The Alzheimer’s drug’s price was cut to $28,200 per year just one month before CMS is expected to issue a draft national coverage determination for amyloid-clearing antibodies, raising questions about the timing.
Comirnaty Gives Booster Shot To Pfizer Q3 Sales
The company increased its guidance for sales of the COVID-19 vaccine again, to $36bn, though many other products’ sales were close to or below analyst expectations.