Stock Watch: Lilly And Novo Provide An Earnings Season Crescendo

Second Quarter Results Had Been Mixed

The commercial and clinical successes of Lilly and Novo's respective GLP-1 receptor agonists provided an explosive finale to the second-quarter earnings season but also raised questions on reimbursement.

Stock Watch Image, Andy Smith
ANDY SMITH OFFERS A LIFE SCIENCE INVESTOR'S PERSPECTIVE ON BIOPHARMA BUSINESS

The comment by an analyst thatMerck & Co., Inc.’s second-quarter earnings report was the best so far turned out to be a prophetic understatement when Eli Lilly and Company and Novo Nordisk A/S put a light under the last week of second-quarter biopharma earnings reports.

Lilly’s second-quarter revenue grew by just over 28% on the same quarter of 2022 and by nearly 20% on the...

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Scrip-Business (Free-1): Top-Selling Drugs 2024: Keytruda, Ozempic And Dupixent Dominate

 
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Merck’s immuno-oncology blockbuster was the world’s best-selling drugs by revenues for the second year in a row, with an almost $12bn lead over its closest rival, Novo Nordisk’s GLP-1 drug Ozempic.

Stock Watch: When Development Goes Too Far

 
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R&D managers can sometimes drive a drug’s development despite evidence of its unviability. This has recently resulted in a scramble to adjust in-progress trial protocol and post-approval cost-effectiveness concerns.

Stock Watch: Bad Deals Backfire On Bayer And CSL

 
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As the pharma earnings season wrapped up, it seemed like a contest to see which company's stock price dropped the most after their announcement and which made the poorest acquisition.

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