Monday, February 10, 2020 Daily Archives

Liso-cel safety data bodes well as BMS tackles CAR-T headwinds

Concerns about CAR-T safety continue to be a challenge for the sector according to Bristol-Myers Squibb, which outlined plans to address such “headwinds†during a Q4 call. Bristol Myers Squibb (BMS) spoke about the chimeric antigen receptor (CAR) T-cells sector last week, explaining while the market for such therapies is expanding, growth rates are not as fast as they could be. Nadim Ahmed, president of BMS hematology department, told analysts: “Clearly, there have been some headwinds in the [CAR-T] marketplace and…

Latest insulin injection sees Novo Nordisk pump $117m in Danish plant

A plant in Kalundborg that makes “around half of the world’s insulin†will benefit from another upgrade and expansion, says Novo Nordisk. Novo Nordisk’s site in Kalundborg, about 100 km west of Danish capital Copenhagen, has been making insulin products for over 50 years. The firm has heavily invested in production at the site over the past few years, and this latest expansion announced Friday sees a further DKK 800 million ($117 million) in upgrading and expanding facilities there. “Part…