The week in pharma: action, reaction and insight – week to November 11, 2022
By Barbara Obstoj-Cardwell. Editor
Notable research news last week included UK pharma major GSK releasing disappointing Phase III trial results for its already approved multiple myeloma drug Blenrep. Also, French drugmaker Ipsen presented positive new Phase III data on its Onivyde in pancreatic cancer. M&A developments saw significant change of focus for generic drugmaker Viatris, which plans to establish an ophthalmic franchise through the acquisition of Oyster Point Pharma and Famy Life Sciences for around $700-$750 million. Also of note, France’s Sanofi entered into an agreement with artificial intelligence (AI) firm Insilico Medicines, potentially worth $1.2 billion to the latter.
Time for GSK to stop dreaming about Blenrep
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