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Bayer Focuses On Pipeline To Deflect From 1Q Financial Misses

 
• By Lucie Ellis-Taitt

Bayer’s first quarter financial performance has been dubbed “uninspiring” by analysts; as well as sales misses, the German big pharma has ended development for certain assets.

group of businessman in black suit and holding red arrow down graph
Bayer misses in Q1; cuts clinical programs • Source: Shutterstock

Bayer AG will not pursue development of one its significant cancer therapies, Aliqopa (copanlisib), in diffuse large B-cell lymphoma (DLBCL) despite completing Phase II trials, the company noted in its first quarter financial report for 2018.

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