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.
Kerendia Could Be Next Jewel In Bayer's Pharma Crown
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.
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