Earnings Updates, In Brief: Alkermes, Celldex, Jazz, United Therapeutics, Bayer
Executive Summary
Alkermes discontinues development of a Phase I pain drug but is on track with schizophrenia drug launch; Celldex gains “breakthrough” designation for rindopepimut; Jazz halts a mid-stage trial due to safety issues; United Therapeutics talks up PAH drug; and Bayer CEO slams German government for lack of VC support.