Lung drug faceoff could have limited upside

Talk of a possible head-to-head comparison between Actelion's pulmonary arterial hypertension drug Opsumit and Gilead's Letairis caused enough of a stir that investors punished Actelion's stock Tuesday. Bloomberg reports the talk triggered a 3.1% drop in Actelion's share price, despite the very theoretical nature of the clinical trial.

Bloomberg notes that a trial has varied risks: a Gilead sweep would be bad news for Actelion, which staked its financial independence on Opsumit's potential, whereas an Actelion win would maybe put a minor dent in a business that accounts for less than 5% of Gilead's sales. Bloomberg also notes that any Gilead advantage would be short lived, because the Letairis patent expires in four years.

You must be a registered member of MMM to post a comment.
close

Next Article in Channel

 

Did you miss January's Top 40 Healthcare Transformers issue? Read how these inventors, strategists, entrepreneurs and wonks are challenging, disrupting and otherwise transforming the healthcare business. And join us April 30 to honor them at the Transforming Healthcare Dinner. Click here.