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As Viatris seeks growth in eye care, its Ocuphire-partnered dilation drop Ryzumvi wins FDA nod

Fierce Pharma

Viatris just notched a win on its quest to reach $1 billion in eye care sales by 2028. | The FDA on Wednesday approved Viatris and Ocuphire’s Ryzumvi, also known as phentolamine ophthalmic solution, to treat pharmacologically-induced mydriasis, or dilation of the pupils. The partners plan to make Ryzumvi available in the U.S.

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Ipsen beefs up in oncology, buying US biopharma Epizyme

pharmaphorum

The bolt-on deal comes shortly after Ipsen announced plans to sell its consumer health business for around €350 million, leaving it as a pure-play prescription pharma operating in the cancer, rare diseases and neuroscience categories. Ipsen’s CVR offer includes $0.30

Biopharma 110
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Pfizer vaults into sickle cell market as GBT deal confirmed

pharmaphorum

billion in 2028 – a leap forward from the $195 million it made last year and $127 million in the first half of 2022. billion acquisition of Arena Pharma , bringing on board etrasimod in late-stage testing for ulcerative colitis, and made an $11.6 $PFE $GBT [link] pic.twitter.com/52AMCbvFHF.

Marketing 111
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Roche scores phase 3 win for subcutaneous Tecentriq, eyes filings

pharmaphorum

Roche isn’t the only pharma company looking at subcutaneous checkpoint inhibitors, but the phase 3 readout and a plan to submit the data for approval with regulators including the FDA and EMA puts it among the leaders in the category. Results from a trial in first-line NSCLC are due in early 2023.

Marketing 105
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Top biopharmaceutical Covid-19 vaccine companies boosted with over 80% revenue growth

Pharmaceutical Technology

The top 13 players reported more than 10% revenue growth, with BioNTech (3,834.4%), Moderna (2,199.1%), Pfizer (95.2%) and Regeneron Pharmaceuticals (89.1%) reporting a more than 80% year-on-year (YoY) revenue growth from 2020 to 2021, according to GlobalData’s Pharma Intelligence Centre Companies Database. AbbVie reported a 22.7%

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Viatris to acquire Oyster Point and Famy Life Sciences

Pharmaceutical Technology

Viatris has signed definitive agreements to acquire Oyster Point Pharma and Famy Life Sciences in a deal totalling nearly $700m-$750m in cash to establish an ophthalmology franchise. Oyster Point Pharma introduced Tyrvaya, a nasal spray approved by the Food and Drug Administration (FDA) to treat dry eye disease, in November last year.

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Astellas to accelerate ocular disease treatments with $5.9 billion acquisition

European Pharmaceutical Review

Astellas Pharma has agreed to acquire ophthalmology biotech company Iveric Bio, Inc. The acquisition “seems to be the biggest” in the company ‘s history, Prashant Khadayate, Pharma Analyst at GlobalData observed. billion in 2028, according to GlobalData’s Pharma Intelligence Center. for approximately $5.9