Pharma Industry News

Why Legend Biotech stock fell 10% despite record Carvykti sales

On paper, it was another strong quarter for Carvykti. Johnson & Johnson reported record sales for the CAR-T therapy, signaling robust demand in multiple myeloma. Yet record revenue wasn’t enough to spare its partner, Legend Biotech, from a 10% stock drop, thanks in part to comments made during J&J’s earnings call.

Source: FiercePharma

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David Miller

a pharmacist, a tech enthusiastic, who explored the Internet to gather all latest information pharma, biotech, healthcare and other related industries.

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