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Kerendia Could Be Next Jewel In Bayer's Pharma Crown

 
• By Kevin Grogan

CEO Bill Anderson would not be drawn on whether the drug, currently approved for chronic kidney disease associated with type 2 diabetes, will hit a previous forecast of €3bn peak sales, but expansion into heart failure may make that figure look conservative.

Bayer q2 24
Bill Anderson (r) with chief financial officer Wolfgang Nickl • Source: Bayer

With a steep climb in second-quarter sales and just-released promising data in heart failure, Bayer AG's mineralocorticoid receptor antagonist Kerendia is finally looking like a candidate to fill the Germany-headquartered group’s revenue gap from the loss of patent protection on the blood thinner Xarelto.

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