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DATA COMPILATION #PharmaFlow

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FDA approvals drop 8% in 2025, with fewer blockbusters; Brinsupri, Rhapsido make it to first-in-class list
Our update for new drug approvals by the US Food and Drug Administration (FDA) in the first half (H1) of 2025 had pointed out how upheavals at the agency had impacted its functioning, with drug approvals dropping by 24 percent.While the turbulence didn’t subside, approvals picked up considerably in the second half (H2) of 2025. FDA’s Center for Drug Evaluation and Research (CDER) approved 30 new drugs in H2 (as against 16 in H1), taking the total number of approvals for 2025 up to 46. This is an 8 percent drop compared with 50 approvals CDER had granted in 2024.During the year, CDER saw four new chiefs come and go — Jacqueline Corrigan-Curay (Jan-July 2025), George Tidmarsh (July-Nov 2025), Richard Pazdur (Nov-December 2025) and Tracy Beth Høeg (December 2025-present). In addition, the agency endured thousands of retrenchments. The US Department of Health and Human Services (HHS), under Health Secretary Robert F. Kennedy Jr., enforced funding cuts and changes in approval processes, especially for vaccines.Overall, we have been witnessing a steady drop in drug approvals by CDER — it approved 55 new drugs in 2023, 50 in 2024 and, 46 in 2025.Of the 46 new approvals in 2025, 20 were classified as first-in-class (therapies that use a new and unique mechanism of action), out of which 13 were approved in H2 2025. Overall, CDER approved 32 chemical entities and 14 biologics in 2025.In comparison, approvals by Health Canada and authorizations by the European Medicines Agency (EMA) rose in 2025. The EMA authorized 69 new therapies, up from 64 in 2024. Health Canada approved 46 new therapies in 2025, as compared with 28 in 2024.FDA’s Center for Biologics Evaluation and Research (CBER) approved 21 biologics in 2025, compared with 13 in 2024, of which eight were notable new drugs.Interestingly, both CDER and CBER rejected more drugs last year — 43 applications were rejected, including those for new drugs, supplemental filings, generics and biosimilars, as opposed to 29 in 2024. View New Drug Approvals in 2025 with Estimated Sales (Free Excel Available)Blockbuster drug approvals drop by 60%, European drugmakers score more FDA nods It wasn’t a year of blockbuster drug approvals — the agency approved a lower number of drugs that are expected to deliver sales of at least US$ 1 billion by 2030. While there were nearly 20 such drugs approved in 2024, the number dropped to just eight in 2025.Interestingly, European companies won many more approvals for new products than their counterparts in the US. GSK and Novartis achieved three approvals each, while Merck, Boehringer Ingelheim and Bayer AG won two approvals each.The first-in-class drugs approved in H2 are: Insmed's Brinsupri (brensocatib), Ionis's Dawnzera (donidalorsen), Stealth Bio's Forzinity (elamipretide), Boehringer's Jascayd (nerandomilast), UCB's Kygevvi (doxecitine and doxribtimine), Bayer's Lynkuet (elinzanetant), Chimerix's Modeyso (dordaviprone), Innoviva's Nuzolvence (zoliflodacin), Arrowhead's Redemplo (plozasiran), Novartis' Rhapsido (remibrutinib), Otsuka's Voyxact (sibeprenlimab-szsi), Sanofi's Wayrilz (rilzabrutinib) and Omeros' Yartemlea (narsoplimab-wuug). View New Drug Approvals in 2025 with Estimated Sales (Free Excel Available)Insmed’s Brinsupri approved for chronic lung disease; Novartis’ Rhapsido okayed for urticariaAs has been the trend, the field of oncology saw the maximum drug approvals (15), followed by rare diseases and disorders (7) and immunology (4). Three categories — infections and infectious diseases, respiratory diseases and cardiology/vascular diseases — saw three drug approvals each.Among the first-in-class approvals was Insmed’s Brinsupri (brensocatib), the first treatment for non-cystic fibrosis bronchiectasis, a chronic lung disease. Nature has estimated peak sales of US$ 6.3 billion for this treatment. Brinsupri was approved by the EMA in November.Another notable approval was granted to Novartis’ Rhapsido (remibrutinib), approved to treat the skin condition chronic spontaneous urticaria in adults who remain symptomatic despite treatment with antihistamines. Rhapsido is the first oral alternative to injectable treatments and has 2030 sales forecasts of US$ 2.1 billion. Novartis is also testing the drug for other immune conditions.A new drug that is estimated to bring in the maximum sales is Merck’s Keytruda Qlex, a subcutaneous formulation of pembrolizumab plus berahyaluronidase alfa approved for various solid tumors. While top-selling cancer drug Keytruda (pembrolizumab) was first approved in 2014, this is the first approval for an engineered variant of the hyaluronidase enzyme (berahyaluronidase alfa). Therefore, this combination counts as a novel approval. View New Drug Approvals in 2025 with Estimated Sales (Free Excel Available)Fondazion’s CGT okayed for Wiskott-Aldrich syndrome; three drugs approved for hereditary angioedema After a record nine new cell and gene therapy (CGT) approvals in 2024, only five CGTs were approved in 2025 (the lowest since 2022). With the exception of Novartis’ Itvisma (onasemnogene abeparvovec-brve), all other CGT approvals went to relatively lesser known companies such as Abeona, Precigen, Neurotech and Fondazione Telethon (an Italian firm that became the first nonprofit to get a CGT approval from the FDA).Fondazione Telethon’s Waskyra (etuvetidigene autotemcel) became the first gene therapy for Wiskott-Aldrich syndrome (WAS), a rare immune disorder that causes frequent infections, bleeding issues, and eczema. The one-time treatment uses patients’ own blood stem cells that are modified to restore the faulty WAS gene. Abeona’s Zevaskyntm (prademagene zamikeracel) became the first and only autologous cell sheet-based gene therapy indicated for the treatment of wounds in adult and pediatric patients with recessive dystrophic epidermolysis bullosa (a rare, genetic skin disorder).Patients with hereditary angioedema (or HAE, a genetic disorder characterized by recurrent episodes of severe swelling) gained access to three new drugs, including two first-in-class drugs — CSL Behring’s Andembry (garadacimab) and Ionis Pharma’s Dawnzera (donidalorsen). The third drug approved to treat HAE is KalVista Pharma’s Ekterly (sebetralstat). View New Drug Approvals in 2025 with Estimated Sales (Free Excel Available)Our viewThe FDA has been bringing about considerable changes to its processes. In June, it launched the Commissioner’s National Priority Vouchers (CNPV) program to cut review timelines from the usual 10 to 12 months to two months. But the recent rejection of Disc Medicine’s application for bitopertin as a treatment for a rare blood disorder under the program took four months to materialize. Not only did the rejection come in late, it was based on information already known to the FDA at the time of granting the coveted voucher, raising controversy around the program.The agency is going to bring about more changes soon. It has proposed a plausible mechanism pathway for rare and ultra-rare diseases where randomized controlled trials are not feasible. And in April, it announced plans to phase out animal toxicity testing in the development of monoclonal antibody therapies and other drugs. The agency is increasingly relying on AI, and recently  announced the deployment of agentic AI capabilities for all employees. It will be interesting to see how these changes impact drug approvals in 2026.

Impressions: 1170

https://www.pharmacompass.com/radio-compass-blog/fda-approvals-drop-8-in-2025-with-fewer-blockbusters-brinsupri-rhapsido-make-it-to-first-in-class-list

#PharmaFlow by PHARMACOMPASS
26 Feb 2026

STOCK RECAP #PipelineProspector

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Pipeline Prospector September 2025: Genmab buys Merus for ~US$ 8 billion, Pfizer buys Metsera to enter obesity race
September saw a major clampdown on imports of “branded or patented drugs” into the US, the world’s largest market for pharmaceuticals. Under the Trump administration’s policy, a 100 percent tariff on branded drugs imported by companies, which are not building plants in the US, took effect on October 1. This policy has led to confusion and raised many questions. While Singapore has sought clarifications, European drugmakers are wondering whether the trade deal signed by US President Donald Trump and European Commission President Ursula von der Leyen in July (with a flat tariff of 15 percent on EU pharmaceutical products) still applies or not.On their part, drugmakers continue to pledge investments into the US, with Eli Lilly and GSK announcing fresh investments in September.The UK, on the other hand, is facing withdrawals of planned investments. Drugmakers such as Sanofi, AstraZeneca, and Merck have either paused or suspended planned investments, due to the government's decision in June to nearly double the “clawback rate”, requiring companies to return 31.3 percent of sales on newer branded medicines to the National Health Service, up from 15.5 percent previously.The debate over vaccines continued in the US. However, the turbulence in the country’s regulatory and policy environment didn’t impact the pharma indices. The Nasdaq Biotechnology Index (NBI) rose 3.45 percent from 4,717.10 to 4,879.90 over the month. The SPDR S&P Biotech ETF (XBI) gained 9.76 percent from 91.29 to 100.20. And the S&P Biotechnology Select Industry Index (SPSIBI) climbed 11.53 percent from 6,998.36 to 7,805.59. Access the Pipeline Prospector Dashboard for September 2025 Newsmakers (Free Excel)Genmab buys Merus for US$ 8 billion; Pfizer enters obesity race with acquisition of MetseraAs September drew to a close, Genmab announced the acquisition of Netherlands-based Merus in deal worth approximately US$ 8 billion. The deal gives Genmab full rights to petosemtamab, an experimental two-in-one antibody drug for head and neck cancer. Overall, the buyout will strengthen Genmab’s pipeline of wholly owned late-stage cancer assets.After discontinuing the development of two experimental weight loss drugs, Pfizer finally joined the obesity race with the acquisition of Metsera and its next-generation obesity portfolio in a deal valued at up to US$ 7.3 billion.Roche agreed to buy San Francisco-based 89bio for up to US$ 3.5 billion. At the centre of the deal is the company’s lead drug pegozafermin, a late-stage candidate for metabolic dysfunction-associated steatohepatitis (MASH), a progressive liver disease tied to obesity.Novartis was the busiest dealmaker in September. The Swiss group struck several high-value deals across cardio, neurology and immunology. It has signed a licensing and options deal worth up to US$ 5.2 billion with China-based Argo Biopharmaceuticals for its experimental RNAi drug candidates targeting cardiovascular disease. The pact also gives Novartis options on two earlier-stage drugs, including one for mixed dyslipidemia (a condition characterized by high triglycerides and low levels of HDL-C, or good cholesterol), and another RNA-based therapy expected to enter trials next year.Novartis also struck an exclusive worldwide collaboration with Arrowhead Pharmaceuticals valued at up to US$ 2 billion. The deal focuses on Arrowhead’s experimental therapy ARO-SNCA, which targets Parkinson’s and related neurological conditions.Further, Novartis signed a deal worth up to US$ 5.7 billion with Monte Rosa Therapeutics to develop new drugs for immune diseases. Separately, Novartis is buying Tourmaline Bio for US$ 1.4 billion. Access the Pipeline Prospector Dashboard for September 2025 Newsmakers (Free Excel) FDA approves Lilly’s advanced breast cancer drug, J&J’s Inlexzo for bladder cancer, injectable version of KeytrudaThe month saw several key drug approvals by the US Food and Drug Administration (FDA). The agency approved Johnson & Johnson’s new bladder cancer treatment Inlexzo (gemcitabine) for patients who don’t respond to standard Bacillus Calmette-Guerin therapy (an immunotherapy for early stage bladder cancer) and cannot or choose not to undergo bladder removal surgery.The agency also approved Eli Lilly’s Inluriyo (imlunestrant) for advanced or metastatic breast cancer in adult patients who have received prior therapy.Patients with edema that is caused by heart, liver or kidney disease now have a new option — Enbumyst (bumetanide), the first FDA approved nasal spray for edema.FDA also approved Keytruda Qlex (pembrolizumab and berahyaluronidase alfa-pmph), a new under-the-skin version of Merck’s cancer drug Keytruda (pembrolizumab). This option can now be used in most adults and teens with solid tumors, covering the same indications as the intravenous version.Crinetics’ Palsonify (paltusotine), the first once-daily oral treatment for adults with acromegaly, also received FDA approval. This rare hormonal disorder is caused by benign pituitary tumors that trigger excess growth hormone.Meanwhile, Novartis received FDA approval for Rhapsido (remibrutinib), the first oral therapy for adults with chronic spontaneous urticaria (a skin condition) whose symptoms persist despite standard treatments. Access the Pipeline Prospector Dashboard for September 2025 Newsmakers (Free Excel) Vertex strikes over US$ 2 bn deal with Enlaza; Merck’s cholesterol drug, United’s pulmonary fibrosis med score trial winsVertex Pharmaceuticals has struck a deal worth over US$ 2 billion with California-based biotech startup Enlaza to develop new autoimmune disease drugs and improve patient “conditioning” methods for gene therapies, like those used in sickle cell disease. The partnership aims for innovative, first-in-class medicines.Samsung Biologics signed a 1.8 trillion won (US$ 1.3 billion) manufacturing agreement with an undisclosed US-based pharmaceutical company. The contract, running through 2029, marks the company’s second-largest deal since it was founded in 2011. In clinical trials, Merck’s investigational oral drug enlicitide decanoate showed strong results in a phase 3 trial for adults with high cholesterol. The pill significantly lowered “bad” LDL cholesterol and other harmful lipid markers, even in patients already on statins or those who can’t tolerate them.Eli Lilly’s Jaypirca (pirtobrutinib) scored a win in a phase 3 trial for patients with chronic lymphocytic leukemia (CLL) or small lymphocytic lymphoma (SLL) who didn’t respond well to previous treatments. The drug significantly lowered the risk of disease progression or death compared to standard therapy. Lilly plans regulatory filings with the FDA later this year.United Therapeutics’ inhaled drug Tyvaso (treprostinil) showed positive results in a trial for people with idiopathic pulmonary fibrosis (IPF), a serious lung disease. The drug improved lung function and helped slow progression of the disease. Access the Pipeline Prospector Dashboard for September 2025 Newsmakers (Free Excel) Our viewSeptember was yet another turbulent month. Uncertainties over tariffs, the efficacy of vaccines and policies around regulation of the sector in the US have made the business environment for drugmakers difficult, to say the least. Post the pandemic, the industry has learnt to live with volatility and uncertainties. But this resilience can come with some casualties. Let’s hope it’s not innovation and risk-taking. Access the Pipeline Prospector Dashboard for September 2025 Newsmakers (Free Excel)  

Impressions: 7065

https://www.pharmacompass.com/pipeline-prospector-blog/pipeline-prospector-september-2025-pfizer-buys-metsera-to-enter-obesity-race-fda-clears-lilly-s-advanced-breast-cancer-drug

#PharmaFlow by PHARMACOMPASS
02 Oct 2025

NEWS #PharmaBuzz

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https://www.globenewswire.com/news-release/2026/02/27/3246401/0/en/Novartis-receives-positive-CHMP-opinion-for-remibrutinib-in-chronic-spontaneous-urticaria-CSU.html

GLOBENEWSWIRE
27 Feb 2026

https://www.globenewswire.com/news-release/2026/02/23/3242309/0/en/Novartis-presents-Rhapsido-remibrutinib-data-at-AAAAI-showing-potential-beyond-chronic-spontaneous-urticaria-CSU.html

GLOBENEWSWIRE
23 Feb 2026

https://www.globenewswire.com/news-release/2026/02/18/3239915/0/en/Novartis-remibrutinib-first-therapy-to-achieve-Phase-III-primary-endpoint-in-chronic-inducible-urticaria-CIndU.html

GLOBENEWSWIRE
20 Feb 2026

https://www.reuters.com/business/healthcare-pharmaceuticals/us-fda-approves-novartis-drug-skin-disease-2025-09-30/

REUTERS
01 Oct 2025

https://www.globenewswire.com/news-release/2024/05/30/2891212/0/en/Novartis-Phase-III-data-confirm-sustained-efficacy-and-long-term-safety-of-oral-remibrutinib-in-chronic-spontaneous-urticaria.html

GLOBENEWSWIRE
30 May 2024