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Amylyx Resets As A Clinical-Stage Company, Withdrawing Relyvrio

Workforce Will Be Cut By 70%

 
• By Jessica Merrill

The ALS treatment Relyvrio was removed from the market as expected following a Phase III trial failure.

empty cabinet
Relyvrio was withdrawn from the market • Source: Shutterstock

With the removal of Relyvrio (sodium phenylbutyrate/taurursodiol) from the market, Amylyx Pharmaceuticals, Inc. will lose its sole commercial revenue stream and return its focus to pipeline development. The company announced on 4 April that it will withdraw Relyvrio from the US and Canada, where it is sold as Albrioza, immediately due to lack of efficacy for amyotrophic lateral sclerosis (ALS).

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• By Andrew McConaghie

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• By Andrew McConaghie

A final rejection of Leqembi could also spell the same fate for Lilly’s rival drug but public outcry and demand for Alzheimer’s therapies might force the regulator’s hand

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Pipeline Growth Slowed In 2024 But Oncology And Neurologicals Held Strong

 
• By Alexandra Shimmings

There was a reduction in the rate of expansion of the pharma pipeline last year but 2024 also saw another welcome increase in the number of drug candidates in Phase III following years of stagnation.

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• By Dexter Jie Yan

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Q1 VC Financings Fall Short As Early Deals, Mega-Rounds Dip

 
• By Mandy Jackson

Evaluate data show that biopharma companies raising cash in the smallest and largest categories of venture capital financings struggled to meet bars set in prior quarters.