US healthcare giant Johnson & Johnson (NYSE: JNJ) has made the bold move of halting its investigational respiratory syncytial virus (RSV) adult vaccine program and discontinuing its Phase III EVERGREEN study.
The group's Janssen subsidiary said in a statement that the decision was ‘part of a broader effort to make strategic choices for its pipeline and research and development (R&D) investments to focus on medicines with the greatest potential benefit to patients.’
"By periodically refocusing our portfolio, Janssen ensures that we are deeply invested in products that have the power to transform patients’ lives"J&J will have noted the progress of competitors in the RSV vaccine field. The candidates from US pharma giant Pfizer (NYSE: PFE) and UK drugmaker GSK (LSE: GSK) appear on the brink of approval. Both have impressed in late-stage trials and have been backed for authorization by the US Food and Drug Administration’s (FDA) Vaccines and Related Biological Products Advisory Committee, despite some concerns around the jabs increasing risks of rare nervous system disorders such as Guillain-Barre syndrome.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze