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CDMOs eye industrywide growth in 2025 as many spurn BIOSECURE Act, CPHI research shows

Fierce Pharma

After experiencing a series of ups and downs in recent years, the biopharma contracting business is gearing up for a rebound in 2025. Ahead of the CPHI conference in Milan, the events group has teased new research signaling an expected rebound for the CDMO industry—and a rejection of the BIOSECURE Act.

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GSK calls it quits on trade group BIO for 2025, following exits by Takeda, UCB and more

Fierce Pharma

GSK is the latest to turn its back on prominent industry lobbying group Biotechnology Innovation Organization (BIO), following a string of exits by companies including Pfizer, UCB, WuXi AppTec and | The company opted not to renew its membership for 2025 following an annual review of its trade group associations, a spokesperson said.

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Pfizer expects $1B hit from IRA's Part D redesign and no major M&A in 2025

Fierce Pharma

After pulling off a surprise third-quarter beat and full-year guidance raise amid shareholder activism earlier this year, Pfizer now expects its 2025 revenues to come in the same range as in 2024.<

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Vertex's Casgevy breaks ground with 1st commercial patient infusions as company readies another major launch for 2025

Fierce Pharma

With new approvals on the horizon and the closely watched Casgevy launch picking up steam in sickle cell disease and beta thalassemia, “there has never been a more exciting time to be at Vertex,” c | With its first Casgevy revenues in the books, Vertex lifted its full-year sales outlook as it turns its attention to two product launches in 2025, including (..)

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Biogen, working through a 'transition,' plots 1,000 more layoffs by 2025

Fierce Pharma

In a sizable cost-cutting measure, Biogen will lay off 1,000 employees by 2025, it announced in presenting its second quarter earnings. In reporting its first-quarter earnings, Biogen said it would halt the development of at least four investigational drugs to allow the company to focus on more lucrative opportunities. |

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Amgen grabs FDA thumbs up for Soliris biosim, eyes 2025 launch

Fierce Pharma

first Humira biosim launch last year and its planned Stelara biosim rollout in 2025. first Humira biosim launch last year and its planned Stelara biosim rollout in 2025. Amgen has made waves in the biosimilar field in recent years with its U.S.-first Amgen has made waves in the biosimilar field in recent years with its U.S.-first

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With another phase 3 win, Gilead races toward 2025 launch for long-acting PrEP drug

Fierce Pharma

Gilead Sciences is no stranger to making history in HIV. | In a study of more than 3,000 participants, Gilead's twice-yearly lenacapavir delivered a 96% reduction in HIV infections compared with background HIV incidence.

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