Tag:

generic competition

Latest Headlines

Latest Headlines

Lilly could net $1.5B-plus from Cymbalta extension

Eli Lilly can enjoy competition-free Cymbalta sales for 6 months longer. 

Forest Labs pressured to pull trigger on M&A after patent expires on Lexapro

Stock analysts have called for Forest Laboratories to jump on the M&A bandwagon in biopharma as the drugmaker's top-selling Lexapro faces generic drug competition.

Forest Labs slashes forecast on wilting Lexapro sales

The U.S. based drugmaker was particularly vulnerable to generic competition, because its Lexapro antidepressant accounted for such an enormous share of its revenues: 52% in 2010, according to FiercePharma research.

Lilly chief resolves to stick with high-risk pipeline strategy

His chief interest remains steadfast: Pursuing the development of the drugs already in the pipeline. And don't go banging on his door when a company comes into play.

Merck highlights sleep drug ahead of FDA submission

Merck has touted the performance of one of its late-stage contenders as the drug giant readies an application for U.S. approval of the experimental insomnia drug.

With generics horde advancing, Pfizer gives up Lipitor push

When Lipitor's first copycats were unleashed, Pfizer manned the battlements. As The Wall Street Journal reports, that battle is over.

Bayer slams Indian government, Cipla on Nexavar copies

Since the Indian government yanked its exclusivity on the cancer drug, the German company is fighting back.

Lilly invests £5.4M in R&D hub in U.K.

Eli Lilly has opened a new building at its Erl Wood R&D center in Surrey, U.K., to house early-stage research.

Lundbeck banks on pipeline as antidepressant sales skid

Lundbeck's CFO Anders Gotzsche emphasized the prospects of drugs such as Selincro for alcohol dependence, the experimental antidepressant Lu AA21004 in late-stage development and a long-lasting formulation of Abilify.

Sanofi has terrific first quarter, but next 3 will be tough

Sanofi had a good first quarter with higher revenues and profits, but executives acknowledge that the next 12 months will be tough.