Hims sales dip as telehealth rivals intensify; Bristol partners with Chinese firm, other biotech updates
Hims reported lower sales this quarter, attributing the shortfall to growing competition from other telehealth providers.
Bristol announced a new partnership with Chinese drugmaker Hengrui Pharma to advance early‑stage programs, expanding its presence in China.
Rigel Pharma will commercialize the recently approved breast‑cancer therapy Veppanu under a deal that also involves Arvinas and Pfizer.
Roche secured European clearance for a blood test designed to detect early signs of Alzheimer’s disease.
BridgeBio submitted an FDA application seeking approval for encaleret, a treatment for autosomal dominant hypocalcemia type 1, a rare genetic disorder.
This writeup was produced by pharmadog from original reporting by STAT.
Original headline: “STAT+: Hims’ sales miss as telehealth competition grows”
read at STAT ↗
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