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2Q Pharma Results Preview: Lilly, Biogen, Amgen, GSK And Gilead

 
• By Sten Stovall, Joseph Haas, Jessica Merrill, and Mandy Jackson

Part two of Scrip's preview of first quarter earnings: product launches, management priorities, pricing strategies and biosimilar competition are key themes at the half-year mark.

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Will biosimilars finally put a noticeable dent in sales of big pharma's blockbuster biologics or not? As if drug-pricing pressures in general weren't enough of a challenge, Johnson & Johnson said in its second quarter earnings report that a biosimilar for Remicade (infliximab) and payer demands for discounts contributed to a 13.9% decline in the product's US sales, although management stressed that the impact from biosimilars was still less than had been expected.

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