The FDA approved AstraZeneca's drug for a diabetes-related rare disease, but, following a vote from a panel of advisers, only for a portion of a tiny patient population, putting a clamp on already staid sales estimates.
There's no word on the upfront, but Sanofi has committed to pay up to $198 million in milestones if the portfolio delivers an approved therapy that can be used to treat hyperphosphatemia, a condition characterized by elevated levels of phosphate in the blood of patients with end stage renal disease and other forms of chronic kidney disease.
Last month AstraZeneca said it is shuttering an Indian research site as it moves away from neglected diseases to focus on areas with more potential for growth. The move is a hit to global tuberculosis R&D, which received $10 million from AstraZeneca in 2012.
An EU drug-review committee recommended Teva Pharmaceutical Industries' knockoff version of the AstraZeneca respiratory med Symbicort on Friday. With key patents already expired, Teva's DuoResp Spiromax could soon put AstraZeneca's brand under siege.
LONDON--AstraZeneca's top brass can't wait to start rubbing shoulders with scientists at its planned corporate campus in Cambridge, U.K. So the pharma giant has opted to send an advance team of scientists ahead to get the creative juices flowing early on.
With the rates of gout on the rise throughout the world, AstraZeneca and its Phase III therapy lesinurad could be lined up for a lead role in a growing market, welcome news for the sluggish pharma giant and its thin late-stage pipeline.
You're trying to jump-start sales of a drug that never has hummed on all cylinders, but now, you're seeing signs of life. Then the feds show up, digging into the study data that justified that drug's FDA approval. That's the conundrum facing AstraZeneca and its Brilinta blood thinner, now under investigation by the Justice Department.
MedImmune, AstraZeneca's biologics arm, had inked a three-year agreement with the University of California, San Francisco, tapping the school's roster of scientists with hopes of finding promising projects across a bevy of disease areas.
AstraZeneca is again turning its back on some projects developed alongside Targacept, handing back several preclinical assets but holding onto a once-promising Alzheimer's disease treatment that may have some use in another indication.
Consumers faced an array of choices going into the current flu season, with quadrivalent vaccines being sold alongside high-dosage varieties and vaccines produced without eggs. Fourth-quarter results suggest people have taken up the new options, with sales at AstraZeneca, GlaxoSmithKline and Sanofi soaring.