Amgen’s rheumatoid arthritis drug Enbrel targeted for first-in-the-nation price limit in Colorado; Annovis Bio delivers candor on its Parkinson’s study, even if it doesn’t inspire much confidence

Taking stock of the drug industry, from the lab to the medicine chest

February 23, 2024 Check out STAT+

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By Ed Silverman Pharmalot Columnist, Senior Writer

Michael Ciaglo/Getty Images STAT+ | Amgen's rheumatoid arthritis drug Enbrel targeted for first-in-the-nation price limit in Colorado Colorado moves to cap the price of etanercept, an autoimmune drug sold by Amgen as Enbrel, in drive to lower prescription drug prices. By Rachel Cohrs and Ed Silverman STAT+ | Oregon suspends a portion of its drug transparency law found to be unconstitutional The ruling stems from the latest attempt by the pharmaceutical industry to push back against states trying to control drug spending. By Ed Silverman STAT+ | Annovis Bio delivers candor on its Parkinson's study, even if it doesn't inspire much confidence After a late change to the design of a Phase 3 study, Annovis Bio's clinical trial seems even less likely to succeed. By Adam Feuerstein Adobe STAT+ | San Diego biotech Neurocrine Biosciences joins PhRMA The company is the second to join PhRMA since the passage of the Inflation Reduction Act as the lobbying group rebuilds its membership By Rachel Cohrs STAT+ | Stump Pharmalot: An Ask Me Anything with Ed Silverman Ed Silverman answers questions exclusively for STAT+ Connect users on all things business of pharma. By STAT Staff

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