AstraZeneca drops or divests a slate of drugs in latest quarterly update; Pierre Fabre extends a diagnostic collaboration with Roche
→ With profits in decline as generic Crestor competition bits into its cash flow, AstraZeneca noted the end of several in-house programs today as they cut some early-stage efforts and indicated the divestiture of others. Two mid-stage drugs are gone from the pipeline, with the rheumatoid arthritis drug mavrilimumab now at Kiniksa and inebelizumab handed off to their spinout Viela. MEDI-565, a BiTE partnered with Amgen, is out, along with the Sjögren’s syndrome drug MEDI4920 (divested) and MEDI7734 as well as the atopic dermatitis therapy MEDI9314.
→ France’s Pierre Fabre is extending a collaboration agreement with Roche on a companion diagnostic for W0101, their new antibody drug conjugate targeting Insulin-like Growth Factor 1 (IGF-1) receptor now in a Phase I/II clinical study in patients with relapsed or refractory solid tumors.