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AmgenIn development

Cholesterol drug setback casts doubt over multibillion-dollar race

What happened

Amgen is developing a drug, olpasiran, to lower Lp(a) cholesterol as a rival treatment to Novartis's pelacarsen.

Source

Article excerpt

In this article Novartis ' failure in a closely watched cardiovascular trial has raised questions about one of the pharmaceutical industry's biggest drug races and rival treatments from U.S. heavyweights Amgen and Eli Lilly. The pelacarsen drug, developed jointly with Ionis Pharmaceuticals, reduced a particularly harmful form of cholesterol in a late-stage clinical trial, but failed to significantly improve cardiovascular outcomes, Novartis said after the bell on Friday. The stock fell 3% on Monday. It is the first major clinical setback in the race to develop treatments that lower Lp(a), which elevates cardiovascular risks that are estimated to affect roughly one in five people worldwide and for which there is currently no approved targeted treatment. Although Amgen and Lilly are testing different technologies that have been shown to produce deeper reductions in the cholesterol called Lp(a), analysts say pelacarsen's failure raises the risk around a market that market watchers expect to be worth billions of dollars. "The Lp(a) hypothesis is weakened, but not disproven," Citi analysts said in a research note, noting that details remain scarce beyond the topline miss, including the magnitude by which pelacarsen lowered Lp(a) levels. More data is needed to determine whether the miss reflects pelacarsen's mechanism, trial design, or a challenge to the whole hypothesis that...

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Extracted from this sentence

Amgen's competing drug, olpasiran, faces the clearest readthrough, while Lilly's medicine, lepodisiran, is being trialled on a broader group of patients, including some who have not yet developed established cardiovascular disease, potentially limiting the direct read-through from Novartis' failure, they said.

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From the Signal API record
Event
In development

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Product
olpasiran

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The full record

From the Signal API record

Topics and mentions

Product tags

  • medical

Extraction

Confidence
90%
Detected
Sep 8, 2026
signal_type
news
signal_subtype
is_developing

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/0335b146-2672-2c98-6683-7dfa6d0517fa returns this record as JSON. POST /v1/companies/enrich returns every signal for amgen.com.

{
  "signal_id": "0335b146-2672-2c98-6683-7dfa6d0517fa",
  "signal_type": "news",
  "signal_subtype": "is_developing",
  "detected_at": "2026-09-08T05:00:01+00:00",
  "company": {
    "name": "Amgen",
    "domain": "amgen.com"
  },
  "data": {
    "url": "https://www.cnbc.com/2026/09/08/novartis-cholesterol-setback-drug-race-eli-lilly-amgen.html",
    "title": "Cholesterol drug setback casts doubt over multibillion-dollar race",
    "excerpt": "In this article Novartis ' failure in a closely watched cardiovascular trial has raised questions about one of the pharmaceutical industry's biggest drug races and rival treatments from U.S. heavyweights Amgen and Eli Lilly . The pelacarsen drug, developed jointly with Ionis Pharmaceuticals , reduced a particularly harmful form of cholesterol in a late-stage clinical trial, but failed to significantly improve cardiovascular outcomes, Novartis said after the bell on Friday. The stock fell 3% on Monday. It is the first major clinical setback in the race to develop treatments that lower Lp(a), which elevates cardiovascular risks that are estimated to affect roughly one in five people worldwide and for which there is currently no approved targeted treatment. Although Amgen and Lilly are testing different technologies that have been shown to produce deeper reductions in the cholesterol called Lp(a), analysts say pelacarsen's failure raises the risk around a market that market watchers expect to be worth billions of dollars. \"The Lp(a) hypothesis is weakened, but not disproven,\" Citi analysts said in a research note, noting that details remain scarce beyond the topline miss, including the magnitude by which pelacarsen lowered Lp(a) levels. More data is needed to determine whether the miss reflects pelacarsen's mechanism, trial design, or a challenge to the whole hypothesis that...",
    "product": "olpasiran",
    "summary": "Amgen is developing a drug, olpasiran, to lower Lp(a) cholesterol as a rival treatment to Novartis's pelacarsen.",
    "planning": true,
    "image_url": "https://image.cnbcfm.com/api/v1/image/108297645-1777300177064-108297645-1777300126332-gettyimages-1902456631-20231205_225708-4595.jpg?v=1777314002&w=1920&h=1080",
    "confidence": 0.9,
    "product_data": {
      "name": "olpasiran",
      "full_text": "Amgen's competing drug, olpasiran",
      "fuzzy_match": false
    },
    "product_tags": [
      "medical"
    ],
    "published_at": "2026-09-08T05:00:01Z",
    "article_sentence": "Amgen's competing drug, olpasiran, faces the clearest readthrough, while Lilly's medicine, lepodisiran, is being trialled on a broader group of patients, including some who have not yet developed established cardiovascular disease, potentially limiting the direct read-through from Novartis' failure, they said."
  }
}

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