T

here’s more than one way to attack PCSK9 and lower cholesterol, but investors seem to be losing hope that the field’s next generation of drugs will ever make a splash on the market.

The Medicines Company, which is years away from selling its PCSK9 drug, saw its share price tumble by about 15 percent on Friday despite presenting positive data, as Wall Street reacted to disappointing clinical results from Amgen’s approved Repatha that have changed the landscape in biotech.

This is a STAT Plus article and is only available to STAT Plus subscribers.
To read the full story, subscribe to STAT Plus or log in to your account.
Good news: your first 30 days are on us.

Leave a Comment

Please enter your name.
Please enter a comment.

  • Take your pick:

    -Repatha, lowers LDL cholesterol 59%, for $14,100/year.

    -Vytorin 10/40 (well tolerated), lowers LDL cholesterol 55%, for $25/month with coupon.

    No brainer.

  • This is where the rubber meets the road profit or professional medicine? Somehow I think I’d have a heart attack to hear Jean Luke’s reply when Beverly said we can’t cure WARF our stock holders won’t approve it..

Recommended Stories

Sign up for our biotech newsletter, The Readout

A guide to what’s new in biotech — delivered straight to your inbox every weekday morning.