Sales decline

Jyseleca Withdrawn in Europe: Galapagos Cuts Sales Forecast

Galapagos Drops Jyseleca in Europe, Lowers Sales Outlook

SG Tylor

Galapagos has suffered a significant setback as it decided not to submit a Marketing Authorization Application (MAA) for its drug ...

COVID-19 Hits Merck KGaA’s CDMO Hard, CFO Shares Insights

CDMO Experiences Downturn at Merck KGaA as COVID-Related Sales Plunge, Says CFO

SG Tylor

Merck KGaA is facing the challenges it anticipated for 2023, with its contract manufacturing division and process solutions arm experiencing ...

Karyopharm Cuts 20% of Staff as Xpovio Fails

Karyopharm reduces employees by 20% as Xpovio sales for blood cancer remain stagnant

SG Tylor

Source – Karyopharm Therapeutics Karyopharm Therapeutics, faced with stagnant sales of its only approved product, Xpovio (selinexor), has announced a ...

Revlimid Revenue to Fall by $1B, Bristol Myers Says

Bristol Myers lowers the company’s 2023 revenue forecast for Revlimid by $1 billion

SG Tylor

Bristol Myers Squibb (BMS) had a promising long-term outlook after securing FDA approvals for three drugs with peak sales potential ...

AbbVie Beats Profit Forecast Despite Humira, Imbruvica Drop

AbbVie Raises Profit Expectations Despite Q2 Decrease in Humira and Imbruvica Sales

SG Tylor

AbbVie executives express satisfaction with the introduction of Humira biosimilars in the US, despite facing significant revenue declines for both ...

Bayer Faces Bleak 2023 as Glyphosate Sales Plummet

Bayer anticipates a more bleak 2023 as decreased glyphosate sales support the argument for a separation

SG Tylor

As calls for a business separation at Bayer grow louder, the company’s weedkiller performance is providing further support for the ...