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Medivir Clears The Decks For Clinical Focus, Cuts All Preclinical Projects

 
• By Jo Shorthouse

Medivir outlines plans to cut costs, reduce headcount and streamline priorities as the biotech focuses solely on four assets in clinical development.

Uli Hacksell
Medivir Acting CEO Uli Hacksell • Source: Medivir AB

Swedish biotech Medivir AB has outlined its strategy to reduce annual running costs, excluding clinical projects, by two thirds, under a new regime of cost cutting set in place by acting CEO Uli Hacksell.

In an analyst call on Oct

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• By Joseph Haas

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How Much Does Biopharma Contribute To The US Economy?

 
• By Jessica Merrill

A new IQVIA report highlights how the sector benefits the US through metrics like the economy, employment and health.

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‘Unprecedented’ Data Lift AstraZeneca’s Ambitions For Airsupra

 
• By Kevin Grogan

The company hopes the drug will become the standard of care rescue treatment in asthma.

Pipeline Watch: Eight Approvals And Nineteen Phase III Readouts

Pipeline Watch is a weekly snapshot of selected late-stage clinical trial events and approvals announced by pharmaceutical and biotech companies at medical and industry conferences, in financial and company presentations, and in company releases and statements.

Quick Listen: Scrip’s Five Must-Know Things

 
• By Ian Haydock

In this week's episode: Trump’s executive order more rhetoric than action; industry grapples with Trump pricing plan; Hengrui set for this year’s biggest IPO; Sanofi’s exec’s advice to biotechs; and biotech deal return on investment falls.