Articles

  • 2 weeks ago | biopharmadive.com | Jacob Bell

    AstraZeneca on Tuesday confirmed it has closed down its neuroscience research group to direct resources toward more “high value” projects.

  • 2 weeks ago | finance.yahoo.com | Jacob Bell

    Jacob Bell Thu, May 1, 2025, 7:54 AM 2 min read In This Article: This story was originally published on BioPharma Dive. To receive daily news and insights, subscribe to our free daily BioPharma Dive newsletter. AstraZeneca on Tuesday confirmed it has closed down its neuroscience research group to direct resources toward more “high value” projects.

  • 2 weeks ago | biopharmadive.com | Jacob Bell

    Biohaven lost close to $400 million in market value Friday on news that the Connecticut-based drug developer had withdrawn an application to get one of its most advanced experimental therapies approved in Europe. The company first asked the European Medicines Agency for approval in late 2023, believing enough evidence had been gathered to show its drug, tentatively branded as Dazluma, is effective at treating “spinocerebellar ataxia,” a type of rare genetic disorder that impairs nerve cells.

  • 3 weeks ago | biopharmadive.com | Jacob Bell

    A new, closely watched schizophrenia medication from Bristol Myers Squibb sold well in its first full quarter on the market, according to both the company and analysts. In its latest earnings report, Bristol Myers recorded $27 million in net sales from Cobenfy during the three-month period between January and March.

  • 3 weeks ago | biopharmadive.com | Jacob Bell

    A brain drug at the center of a recent $14 billion acquisition has failed a large clinical trial, leading some Wall Street analysts to substantially lower their sales forecasts. Bristol Myers Squibb closed a deal to acquire the drug, Cobenfy, and its developer in March of last year, about six months before it was approved in the U.S. as a schizophrenia therapy.

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Jacob Bell
Jacob Bell @realJacobBell
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Jacob Bell @realJacobBell
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