Bloodied Celgene posts promising ozanimod PhIII MS data, but is it really a $6 billion drug?
Celgene pumped out its Phase III data on its blockbuster contender ozanimod over the weekend, offering some encouraging comparisons with Avonex in treating patients with relapsing multiple sclerosis. But some of these numbers will likely trigger some second guessing about the drug’s peak sales ability after Celgene paid $7.2 billion to get its hands on the drug.
Investigators recruited 1,346 patients for the SUNBEAM trial, posting statistically significant scores for the annualized relapse rate. But in a pooled analysis of SUNBEAM and RADIANCE Part B studies, their drug did not hit the goal for the time to 3-month confirmed disability progression.
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