News

Poxel diabetes drug succeeds in Japan trial

Country
France

Poxel SA has reported positive data from a Phase 2b study in Japan of imeglimin, its treatment for Type 2 diabetes. The primary endpoint of the trial was met, and was more pronounced in the Japanese patients than had been the case in similar Phase 2b trials in the US and the EU.

Japan leads the way on ALS

Country
United States

In a reversal of the usual sequence of events, the Food and Drug Administration has approved a new drug for amyotrophic lateral sclerosis (ALS) two years after the same treatment was authorised for marketing in Japan and South Korea.

EMA issues Brexit guidance

The European Medicines Agency has issued guidance to companies with centralised marketing authorisations spelling out what they need to do to be in compliance with EU medicines law once Britain leaves the union.

Laquinimod fails to meet endpoint in MS trial

Country
Sweden

A Phase 3 trial of an experimental drug for relapsing-remitting multiple sclerosis, laquinimod, has failed to meet its primary endpoint which was to show an improvement in the time to confirmed disease progression.

AZ buys rights to preclinical respiratory asset

Country
United Kingdom

AstraZeneca Plc has taken steps to bolster its respiratory portfolio with a licensing deal for a preclinical drug candidate that is being developed for patients with moderate to severe asthma.

MorphoSys to increase R&D spending

Country
Germany

MorphoSys AG plans to substantially increase spending on research and development this year as more of its proprietary antibody therapeutics advance in the clinic. Speaking to analysts on 3 May the chief executive, Simon Moroney, predicted steady progress in developing the portfolio, financed by liquidity that stood at €349.9 million on 31 March.

Drug approved in US for enzyme deficiency

Country
United States

An enzyme replacement therapy, Brineura (cerliponase alfa), has been approved in the US for children with a rare inherited disorder that primarily affects the nervous system. The disorder, tripeptidyl peptidase-1 (TPP1) deficiency, is a form of Batten disease.

Durvalumab is approved by the FDA

Country
United Kingdom

AstraZeneca Plc has received an accelerated approval in the US for its checkpoint antibody Imfinzi (durvalumab), which is expected to be the cornerstone of a prospective portfolio of immune oncology products targeting a variety of cancers.

Shire delivers broadly-based growth

Country
Ireland

Shire Plc reported a doubling of product sales to $3.4 billion in the first quarter, a result that was shaped by the acquisition of Baxalta Inc in June of 2016. The Baxalta businesses contributed $1.6 billion of the total sales figure. On a pro forma basis, the rise in product sales was 9%.

Novartis drug is approved for AML

Country
United States

Novartis has secured US approval for a new kinase inhibitor, Rydapt (midostaurin), to treat patients with FLT3-mutated acute myeloid leukaemia (AML) in combination with chemotherapy. The approval also covers a diagnostic designed to detect the mutation.