Lung drug faceoff could have limited upside

Share this article:

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.

Share this article:
You must be a registered member of MMM to post a comment.
close

Next Article in Business Briefs

Email Newsletters

MM&M EBOOK: PATIENT ACCESS

Patient access to pharmaceuticals is a tale of two worlds—affordability has improved for the majority, while the minority is hampered by cost, distribution and red tape. To provide marketers with a well-rounded perspective, MM&M presents this e-book chock full of key insights. Click here to access it.

More in Business Briefs

Monday Moves: September 15

Hires and promotions for manufacturers, regulatory and agencies

Kantar acquires Evidências, expands Brazilian presence

The company's acquisition signals the growing importance of understanding the Brazilian healthcare market and evidence-based healthcare management services.

Study says statins not enough for diabetic hearts

Researchers using an experimental test have discovered that the 50% of surveyed diabetics may also have undetected heart muscle damage.