BeiGene tops other pharmaceutical companies over Q2 2023. Credit: Shutterstock via Lemonsoup14

Each week, Clinical Trials Arena journalists pick out insights from company filings that highlight sentiments in our sector. These filings signals are based on GlobalData’s analysis of earnings statements, call transcripts, investor presentations and sustainability reports. They tell us about key topics on the minds of business leaders and investors, and the themes driving a company’s activities.  

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This week, we consider the pharmaceutical industry’s top gainers and losers from quarterly filings over Q2 2023. According to GlobalData reports, BeiGene was at the top for gainers in that quarter clinching high financial percentage growths, followed by Mercury Laboratories, Voya Therapeutics and Navibra Therapeutics.

Meanwhile, the same could not be said for Gujarat Terce Laboratories, Syngene International, Shree Ganesh Remedies International, and Aurobindo Pharma as they turned up with a low percentage increase in their financial results; hence, top losers over the second quarter.

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Hitting rock bottom for top gainers are the following pharmaceutical companies: Gelesis Holdings, Aarti Drugs, Ayala Pharmaceuticals, Angion Biomedica. However, Eupraxia Pharmaceuticals, Disc Medicine, Noxopharm, and Timber Pharmaceuticals had low financial results for the second quarter of 2023, sitting at the bottom of the reported top losers.

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