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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: 1255

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 July 2025: Merck to acquire Verona for US$ 10 bn; FDA okays Regeneron’s blood cancer med
In July, the pharmaceutical industry witnessed several deals and mergers and acquisitions (M&As). Big pharmaceutical companies such as AbbVie, Johnson & Johnson and Novo Nordisk posted robust second quarter (Q2) results. AbbVie and J&J also raised their outlook for the full year 2025. In the face of looming import tariffs on pharmaceuticals, companies continued to announce significant investments in the US. While AstraZeneca announced an investment of US$ 50 billion to expand manufacturing and research capabilities in America by 2030, Biogen announced an additional investment of US$ 2 billion at its existing manufacturing plants in North Carolina. These developments appeared to have pushed the pharma indices upwards. The Nasdaq Biotechnology Index (NBI) gained 5.74 percent from 4,219.14 to 4,461.23, while the SPDR S&P Biotech ETF (XBI) rose 4.58 percent from 82.46 to 86.24, and the S&P Biotechnology Select Industry Index (SPSIBI) surged 3.29 percent from 6,459.24  to 6,671.56.  Access the Pipeline Prospector Dashboard for July 2025 Newsmakers (Free Excel) Merck to acquire London-based Verona for US$ 10 bn, GSK buys Hengrui for US$ 12 bn Amongst the notable M&As was American pharmaceutical giant Merck’s acquisition of  London‑based Verona Pharma for approximately US$ 10 billion. With this acquisition, Merck will get access to Verona’s Ohtuvayre (ensifentrine), an FDA-approved treatment for chronic obstructive pulmonary disease (COPD) that generated US$ 71.3 million in revenues during Q1 2025. This acquisition will help Merck diversify ahead of the 2028 patent expiration of its cancer blockbuster, Keytruda (pembrolizumab).  Similarly, GSK signed an up to US$ 12 billion biobucks deal with China’s Hengrui Pharma to work on up to 12 drugs. GSK is paying Hengrui US$ 500 million upfront. The programs were selected to complement GSK’s extensive respiratory, immunology, inflammation and oncology pipelines. Sanofi announced the acquisition of London-based biotech Vicebio for an upfront payment of US$ 1.15 billion in order to expand its respiratory vaccine portfolio. And vaccine maker Bavarian Nordic announced that a consortium led by Nordic Capital and Permira has made an offer of around US$ 3 billion to acquire it. In deals, Roche‑backed Chugai Pharmaceutical and Singapore‑based AI‑driven biotech Gero have launched a joint research and licensing agreement targeting age‑related diseases in a deal valued at up to US$ 1 billion. And Argenx entered into a multi-target research collaboration with Unnatural Products (UNP), a California-based biotech firm specializing in AI-driven macrocyclic peptide therapeutics.  Access the Pipeline Prospector Dashboard for July 2025 Newsmakers (Free Excel)  FDA approves Regeneron’s blood cancer med, okays PTC’s drug to treat genetic disorder Last month, the US Food and Drug Administration (FDA) granted an accelerated approval to Regeneron’s Lynozyfic (linvoseltamab-gcpt), a monoclonal antibody that treats adult patients with relapsed or refractory (R/R) multiple myeloma who have received at least four prior lines of therapy. Multiple myeloma is a cancer that forms in a type of white blood cell, known as plasma. The agency also granted accelerated approval to Zegfrovy (sunvozertinib), developed by Dizal Pharmaceutical, for the treatment of adults with locally advanced or metastatic non-small cell lung cancer (NSCLC) harboring EGFR exon 20 insertion mutations, making it the only drug for this condition. This approval is specifically for patients whose disease has progressed on or after platinum-based chemotherapy. The agency also approved PTC Therapeutics’ oral drug — Sephience (sepiapterin) — to treat a rare genetic disorder known as phenylketonuria (PKU). In PKU, the body can’t properly break down an amino acid known as phenylalanine, leading to its buildup in the blood which can potentially damage the brain. KalVista Pharmaceuticals secured FDA approval for Ekterly (sebetralstat), marking the first-ever oral, on‑demand treatment for hereditary angioedema (HAE), a rare and potentially fatal swelling disorder.  Access the Pipeline Prospector Dashboard for July 2025 Newsmakers (Free Excel)  Astra’s baxdrostat lowers BP in phase 3 trial; FDA declines to approve Ultragenyx’s gene therapy AstraZeneca’s experimental drug baxdrostat significantly lowered blood pressure in a phase 3 trial on patients with treatment-resistant hypertension. AstraZeneca had acquired baxdrostat through its 2023 purchase of CinCor Pharma for US$ 1.8 billion. The company expects peak annual sales of the drug to exceed US$ 5 billion. Clinical stage biotech Abivax presented top-line data from the twin phase 3 trials of its lead ulcerative colitis candidate — obefazimod. The drug produced a statistically significant pooled remission rate of 16.4 percent across both trials, largely hitting their primary endpoints. There was considerable negative news from clinical trials, including the death of a 51-year-old man participating in Sarepta’s phase 1 study for limb-girdle muscular dystrophy. This person was taking another gene therapy — Sarepta’s SRP-9004. The previous two deaths were of teenaged patients taking its gene therapy Elevidys. Post this news, Sarepta has decided to let go of 500 employees (36 percent of its workforce) and is also halting the development of several gene therapies for a group of muscle wasting disorders. The agency also raised efficacy concerns over the use of Otsuka Pharma’s drug — Rexulti (brexpiprazole) — in combination with Viatris’ antidepressant Zoloft (sertraline) for the treatment of adults with post-traumatic stress disorder (PTSD). FDA has cited inconsistent trial results and a modest treatment effect and is insisting on another study on Rexulti.  FDA declined to approve UX111, Ultragenyx’s gene therapy for Sanflilippo syndrome type A, a rare disease that causes progressive damage to the central nervous system. In the complete response letter (CRL), the agency has requested for additional information related to the company’s production processes and facilities. The FDA also declined to approve Capricor Therapeutics’ Deramiocel (CAP-1002) , a lead cell therapy candidate for the treatment of cardiomyopathy associated with Duchenne muscular dystrophy (DMD). In its CRL, FDA said the evidence submitted for the therapy does not meet efficacy requirements and has asked for more data.  Access the Pipeline Prospector Dashboard for July 2025 Newsmakers (Free Excel)  Our view Although the pharma indices are looking up and we are witnessing substantial M&A activity, we know that the drug industry is under considerable pressure from US President Donald Trump’s tariffs and other policies. His administration has sent letters to 17 major drug companies giving them 60 days to cut prices for US consumers to the lowest prices paid by other countries. The new tariffs, be it via the Europe-US trade deal or the increased tariffs on Indian goods, are likely to hurt the Americal healthcare system and raise costs. Moreover, Trump has said tariffs on drugs imported into the US could reach up to 250 percent in another 12 to 18 months. Once costs begin to escalate, the ripple effects across healthcare systems could be profound.  Access the Pipeline Prospector Dashboard for July 2025 Newsmakers (Free Excel)  

Impressions: 6768

https://www.pharmacompass.com/pipeline-prospector-blog/pipeline-prospector-july-2025-merck-to-acquire-verona-for-us-10-bn-fda-okays-regeneron-s-blood-cancer-med

#PharmaFlow by PHARMACOMPASS
07 Aug 2025

NEWS #PharmaBuzz

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https://www.pharmiweb.com/press-release/2026-03-02/kalvista-pharmaceuticals-presents-new-data-highlighting-high-patient-satisfaction-and-evolving-treat

PHARMIWEB
02 Mar 2026

https://www.businesswire.com/news/home/20251222393408/en/KalVista-Pharmaceuticals-Announces-Approval-of-EKTERLY-sebetralstat-in-Japan-First-and-Only-Oral-On-demand-Treatment-for-Hereditary-Angioedema

BUSINESSWIRE
22 Dec 2025

https://www.businesswire.com/news/home/20251106901557/en/KalVista-Pharmaceuticals-Presents-New-Data-Highlighting-Patient-Satisfaction-with-EKTERLY-sebetralstat-and-its-Potential-in-Children-Ages-2-11-at-the-ACAAI-2025-Annual-Scientific-Meeting

BUSINESS WIRE
06 Nov 2025

https://www.businesswire.com/news/home/20251030981394/en/KalVista-Pharmaceuticals-to-Present-New-EKTERLY-sebetralstat-Data-at-the-American-College-of-Allergy-Asthma-Immunology-2025-Annual-Scientific-Meeting

BUSINESSWIRE
30 Oct 2025

https://www.pharmiweb.com/press-release/2025-10-06/kalvista-pharmaceuticals-presents-new-data-highlighting-the-potential-of-ekterly-sebetralstat-to

PHARMIWEB
06 Oct 2025

https://www.pharmiweb.com/press-release/2025-09-19/kalvista-pharmaceuticals-announces-european-commission-and-swissmedic-approval-of-ekterly-sebetral

PHARMAWEB
19 Sep 2025