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Lilly Delivers First-Quarter 2021 Financial Results, Adjusts 2021 Financial Guidance

Lilly Delivers First-Quarter 2021 Financial Results, Adjusts 2021 Financial Guidance
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Lilly Delivers First-Quarter 2021 Financial Results, Adjusts 2021 Financial Guidance

Lilly Delivers First-Quarter 2021 Financial Results, Adjusts 2021 Financial Guidance
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SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Kadmon Holdings, Inc , of Class Action Lawsuit and Upcoming Deadline – KDMN

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Kadmon Holdings, Inc , of Class Action Lawsuit and Upcoming Deadline – KDMN
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Pharma companies should prioritize innovation, not shareholders

By Travis Whitfill April 23, 2021Reprints Adobe Biogen announced its quarterly earnings on April 22 and revealed it had repurchased $600 million of its shares in the first quarter a majority (78%) of its operating cash flow for the quarter. In contrast, Biogen invested a fraction (12%) of its operating cash flow on capital expenditures. And this was actually a light quarter of share repurchases for Biogen. In 2020, the company repurchased a whopping $6.7 billion of its shares, or 1.67 times its net income of $4 billion for 2020. One the most critical events in Biogen’s history is looming: the Prescription Drug User Fee Act action date of June 7 the FDA set for aducanumab, its drug for treating Alzheimer’s disease. Despite aducanumab’s somewhat controversial history, Alzheimer’s disease imposes a huge disease burden on society, affecting millions of Americans and their caregivers. It is also among the top 10 causes of death around the world.

Kadmon Holdings, Inc : Kadmon Announces Publication of Phase 2a Clinical Trial Results of Belumosudil for cGVHD in the Journal of Clinical Oncology

(0) NEW YORK, NY / ACCESSWIRE / April 21, 2021 / Kadmon Holdings, Inc. (NASDAQ:KDMN) today announced the publication of results from KD025-208, the Phase 2a clinical trial of belumosudil (KD025) for chronic graft-versus-host disease (cGVHD). The results were published in the Journal of Clinical Oncology. A New Drug Application (NDA) for belumosudil is currently under Priority Review by the U.S Food and Drug Administration (FDA) for the treatment of patients with cGVHD, with a Prescription Drug User Fee Act (PDUFA) goal date of August 30, 2021. The results from our first clinical study in cGVHD demonstrated that belumosudil achieves meaningful, long-lasting responses and is very well tolerated in refractory cGVHD patients, said Harlan W. Waksal, M.D., President and CEO of Kadmon. These positive results were replicated in the ROCKstar pivotal trial and support belumosudil s ability to offer meaningful clinical benefit, if approved, to patients with cGVHD, for which new therapies

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