Weekly News Recap #Phispers
Merck inks US$ 3.3 bn cancer deal with LaNova; vaccine makers’ stocks tumble after Trump picks RFK Jr to head HHS
This week, Merck
struck a strategic US$ 3.3 billion deal with LaNova Medicines for a promising
cancer drug, and also demonstr...
Impressions : 795
Astra invests US$ 2 bn in US R&D; key AbbVie asset from US$ 8.7 bn Cerevel buy flunks phase 2 trials
This week’s Phispers is packed with news about deals. First, AstraZeneca announced a US$ 2 billion investment in the...
Impressions : 499
Astra faces probe in China; AbbVie, EvolveImmune ink potential US$ 1.4 bn deal; EC levies US$ 503 mn fine on Teva
In this week’s Phispers, AstraZeneca faces a major crisis in China as its president Leon Wang is under investigation in w...
Impressions : 767
AbbVie strengthens Alzheimer’s pipeline with US$ 1.4 bn Aliada buyout; Roche expands gene therapy pact with Dyno
This week’s Phispers is packed with latest developments in the field of Alzheimer’s disease, owing to a conference ...
Impressions : 682
Sanofi to sell 50% stake in Opella to CD&R, to retain French workforce; AbbVie bags FDA nod for Parkinson’s therapy Vyalev
In this week’s Phispers, Sanofi has entered into exclusive talks with US private equity firm CD&R to sell a controlling 5...
Impressions : 758
Lundbeck acquires Longboard for US$ 2.6 billion; Roche’s Itovebi bags FDA nod for breast cancer
This week’s is a double dose Phispers, as we return from a one-week break due to CPhI Worldwide. The fortnight saw severa...
Impressions : 851
BMS med wins landmark FDA nod for schizophrenia; Sanofi’s Dupixent approved to treat COPD
In this week’s Phispers, the US Food and Drug Administration (FDA) approved Bristol Myers Squibb’s groundbreaking s...
Impressions : 773
Sanofi gets two bids valuing its consumer unit at US$ 17 bn; Pfizer pulls SCD drug from market
In news this week, Sanofi is considering the sale of its consumer
health unit and has received binding bids valuing the divisi...
Impressions : 1063
FDA panel votes against Intercept’s liver med Ocaliva; Lilly’s Ebglyss wins approval for eczema
Intercept Pharmaceuticals
faced a major setback as a US Food and Drug Administration (FDA) panel voted
against the confirmato...
Impressions : 934
GSK’s COPD, long-acting asthma drugs score late-stage wins; Novo’s weight-loss drug Saxenda found to be safe in kids
GSK scored a significant late-stage win with its asthma drug Nucala in treating chronic obstructive pulmonary disease (COPD). I...
Impressions : 629
FDA approves Emergent’s smallpox vaccine for mpox; Lilly inks up to US$ 1 bn deal with Haya to target obesity
This week saw the US Food and Drug Administration (FDA) respond to the global monkeypox (mpox) public health emergency by expan...
Impressions : 987
Lilly, Pfizer move to sell drugs directly to consumers; blast at Indian drug factory kills 17
An Indian factory that makes drugs for export to the US and other Western nations saw an explosion, caused by a chemical solven...
Impressions : 1493
IRA price talks conclude, three meds dominate savings; Gilead’s Livdelzi from CymaBay buyout gets FDA okay
This week, the Biden-Harris Administration said it has concluded price negotiations for 10 drugs under the Inflation Reduction ...
Impressions : 639
FDA rejects first MDMA therapy to treat PTSD; Merck, Curon ink up to US$ 1.3 bn deal for next-gen bispecific antibody
The US Food and Drug Administration (FDA) has declined to approve an MDMA-assisted therapy from Lykos Therapeutics to treat pos...
Impressions : 1331
FDA approves first ever T-cell receptor gene therapy from Adaptimmune, Servier’s brain tumor pill
This week, Adaptimmune clinched gold when it secured the first-ever US Food and Drug Administration (FDA) approval for a T-cell...
Impressions : 808
Boehringer boosts immune-oncology pipeline with US$ 1.3 bn Nerio buy; Pfizer adds US$ 1 bn to 2024 outlook
This week, the world’s largest private pharma company, Boehringer Ingelheim, acquired Nerio Therapeutics for up to US$ 1....
Impressions : 707
Merck’s RSV jab shows efficacy in infants; Novo-Lilly weight loss rivalry intensifies as China okays tirzepatide
This was a week when the US President Joe Biden ended his reelection bid, after giving America the Inflation Reduction Act that...
Impressions : 942
US Senate passes bipartisan bill to cut pharma patent abuses; Ipsen inks another ADC deal
This week, a bill heralded as “critical” to help “end anti-competitive practices” was passed by the US ...
Impressions : 1182
Lilly to acquire IBD drug developer Morphic for US$ 3.2 bn; Pfizer’s R&D chief to step down
This week saw Eli Lilly strike yet another deal as it announced the acquisition of Morphic Holding for about US$ 3.2 billion, t...
Impressions : 946
Lilly’s Alzheimer’s drug gets FDA nod; GSK buys rights to mRNA vaccines from Curevac for US$ 1.56 bn
This week, the US Food and Drug Administration (FDA) finally approved Eli Lilly’s Alzheimer’s drug donanemab after ...
Impressions : 761
Novo invests US$ 4.1 bn to boost Wegovy, Ozempic supply; Verona’s COPD therapy bags FDA nod
This week saw a couple of developments in the lucrative US market for glucagon-like peptide-1 (GLP-1) drugs that treat diabetes...
Impressions : 936
Merck wins FDA nod for pneumococcal vaccine; Roche partners Ascidian to develop novel gene therapies
This week saw the US Food and Drug Administration (FDA) approve Merck’s next-generation pneumococcal vaccine for adults. ...
Impressions : 1031
FDA panel backs Lilly’s Alzheimer’s drug; agency approves Ipsen’s med to treat rare liver disease
The US Food and Drug Administration’s (FDA) advisory committee has voted unanimously in favor of the benefits of Eli Lill...
Impressions : 795
Astra’s cancer drugs impress at ASCO; Moderna’s mRESVIA becomes first mRNA RSV vaccine approved by FDA
This week saw the American Society of Clinical Oncology (ASCO) annual meeting in Chicago where cancer researchers presented det...
Impressions : 831
Lilly to invest additional US$ 5.3 bn to boost obesity drug supply; FDA panel votes against Novo’s weekly insulin
This week’s Phispers comes packed with news of investments, acquisitions, deals and trials. Eli Lilly has more than doubl...
Impressions : 1255
Astra targets US$ 80 bn revenue by 2030, invests US$ 1.5 bn in ADC plant; Lilly’s weekly insulin scores late-stage wins
In this week’s news, AstraZeneca has laid out an ambitious plan to achieve US$ 80 billion in revenue by 2030. The drugmak...
Impressions : 609
France draws US$ 2.25 bn investment from Big Pharma; Sanofi strikes US$ 1.2 bn deal with Novavax
In this week’s news, France attracted investments from pharma majors such as Sanofi, Pfizer, AstraZeneca and GSK during t...
Impressions : 922