News

Wegovy cuts risk of heart attack

Country
Denmark

Wegovy (semaglutide), the weight-loss drug developed and now marketed by Novo Nordisk A/S, is able to cut the risk of heart attack, stroke or death by 57% compared with tirzepatide (Zepbound), the competing drug developed by Eli Lilly and Co, according to the Danish pharma company. Novo presented the comparative data, derived from a real-world study of the two drugs’ benefits, at the annual European Society of Cardiology meeting in Madrid on 31 August.

Roche, Alnylam to advance RNAi therapy

Country
Switzerland

Roche and Alnylam Pharmaceuticals Inc are to advance their jointly developed RNA interference therapy for hypertension into a Phase 3 trial following clinical data showing that the drug, zilebesiran, could have a significant impact on patients with uncontrolled hypertension. The data comes from three Phase 2 trials which tracked the performance of the drug in patients with hypertension and high cardiovascular risk.

AZ presents full baxdrostat data

Country
United Kingdom

AstraZeneca Plc disclosed the full results of its Phase 3 trial of baxdrostat, a drug for hypertension, on 30 August, confirming the therapy’s ability to reduce systolic blood pressure in patients with hard-to-control hypertension. In a presentation at the European Society of Cardiology Congress in Madrid, the company said that baxdrostat, a small molecule drug that inhibits aldosterone synthase, met all primary and secondary endpoints, delivering sustained blood pressure reductions. 

BioArctic, Novartis collaborate

Country
Sweden

Novartis Pharma AG has entered into an option and collaboration agreement with BioArctic AB to develop an antibody treatment for a neurodegenerative disorder that takes advantage of the Swedish company’s technology for helping drugs cross the blood-brain barrier. The target for the prospective treatment has not been disclosed. But the transporter technology is public and is being used by BioArctic in multiple projects. It is based on the transferrin receptor, a protein responsible for the delivery of iron to cells. This can also enable antibody drugs to cross the barrier.

US health director dismissed

Country
United States

Susan Monarez was dismissed as director of the US Centers for Disease Control and Prevention (CDC) on 28 August in a surprise move that also led to the resignations of other top officials including Debra Houry, the agency’s chief medical officer. Robert F Kennedy Jr, secretary of the Department of Health and Human Services (HHS), announced Dr Monarez’s departure on the social media site X. This was subsequently confirmed by the White House.

Valneva vaccine suspended

Country
France

The US Food and Drug Administration has suspended the licence of a vaccine developed by Valneva SE to prevent chikungunya virus infection following 32 serious adverse event reports, including 21 hospitalisations and three deaths. The vaccine, Ixchiq (chikungunya vaccine, life), was given an accelerated approval by the FDA in November 2023 and since then has been approved in several other countries, some of which are also reviewing patient data. Valneva is expected to start a post-marketing study of the vaccine on 1 October to further assess the risks.

Efpia comments on US-EU trade deal

Country
Belgium

Efpia, the European federation of pharmaceutical industries and associations, has criticised a new US-EU trade agreement as potentially harmful to patients and the European pharma industry and called for exemptions for innovative medicines. The Efpia statement was issued on 21 August shortly after the European Commission published details of the framework agreement setting a maximum, all-inclusive tariff of 15% for the majority of EU exports to the US, including pharmaceuticals. The exact pharma rate is still to be determined but it would not exceed the 15% ceiling.

Anocca raises SEK 440 million

Country
Sweden

Anocca AB has raised SEK 440 million ($46 million) from Mellby Gård, a Swedish investment group, and existing shareholders to conduct a programme of trials of T cell immunotherapies for pancreatic cancer. The trials will investigate multiple approaches for targeting mutations in the KRAS gene which is involved in the regulation of cell division. KRAS mutations are drivers of pancreatic cancer, as well as lung and colorectal cancers.

Evotec looks ahead to 2028

Country
Germany

Evotec SE ended the half year with a decline in revenue and an operating loss. However with a reorganisation and spending cuts underway, the company expects a recovery in earnings by 2028. Group revenue in the first half year was €371.2 million, down by 5% from a year earlier while the operating loss was €47.8 million. The loss was less than the year-earlier shortfall of €122.8 million, but still reflected weak demand for the company’s traditional services. Group revenue for the year is expected to be in a range of €760 to €800 million compared with €797 million in 2024.

Private equity to buy Bavarian Nordic

Country
Denmark

The private equity and investment groups Nordic Capital and Permira, are poised to take over Bavarian Nordic A/S of Denmark in order to help the company scale up its vaccine work globally. An offer of DKK 19 billion ($2.95 billion) was published on 28 July and accepted by the company’s management subject to the approval of shareholders. Bavarian Nordic is listed on Nasdaq Copenhagen and also has an American Depository Share (ADS) programme allowing US investors to trade the shares locally.