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World’s Top 10 Pharma Companies (By 2023 Revenue)

XTalks

The top ten pharma companies in 2023 by revenue accounted for about 35 percent of the market value, with total earnings of $559.5 The top big pharma players have remained relatively consistent in their market positions over the past several years. Here is a look at the top ten pharma companies in 2024 based on 2023 revenue.

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An increasing impact of BCMA-targeting biologics in multiple myeloma

Pharmaceutical Technology

lenalidomide) + a steroid ± an anti-CD38 antibody. Since the frontline treatment setting is dominated by these regimens, pharma companies have focused on the development of new drugs in the relapsed/refractory (R/R) setting. Should CAR-T cells, or antibodies be used first?

Antibody 147
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Bayer props up sagging radionuclide business with Noria acquisition

pharmaphorum

Bayer has agreed to buy Noria Therapeutics and its subsidiary PSMA Therapeutics, adding to its pipeline of radionuclide drugs for cancer as sales of its lead product in the category – Xofigo – continue to decline. . The short range of alpha radiation is thought to limit damage to surrounding non-cancerous tissue.

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Ambrx tries another IPO as it chases down HER2 rivals

pharmaphorum

California biotech Ambrx Biopharma is hoping to raise $126 million from a listing on the New York Stock Exchange (NYSE) that will be used in part to fund clinical development of ARX-788, its HER2-targeting antibody drug conjugate (ADC). AZ will need sales to reach that level if it wants to recoup the $6.9

Sales 53
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Top 20 global biopharma companies report 5.4% growth

Drug Discovery World

Pfizer and BioNTech’s Covid-19 vaccine, Comirnaty, is forecast to reach drug analyst consensus global forecast sales of $33 billion for 2022, according to GlobalData’s Drugs Database Pharma Intelligence Center.” The top four pharma companies Merck & Co’s market capitalisation grew from $193.6 billion to $281.3

Sales 52
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PCSK9 Inhibitor Patent Dispute: Regeneron and Sanofi Win Latest Round Against Amgen

XTalks

In the latest round of Amgen’s (NASDAQ: AMGN ) ongoing patent battle against Regeneron (NASDAQ: REGN ) and Sanofi over LDL-lowering PCSK9 (proprotein convertase subtilisin/kexin type 9) antibodies, the latter came out with a win last week. However, other companies, including Bristol Myers Squibb and Merck & Co.,

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High biologics demand spurs need for greater contract manufacturing

Pharmaceutical Technology

These attributes make some biologic drugs, especially monoclonal antibodies more specific and targeted in their treatment. The company can manufacture monoclonal antibodies, bispecific antibodies, fab fragments, fusion proteins, therapeutic proteins, pDNA, mRNA, and live biotherapeutic products.