Weekly News Recap #Phispers
Novo bets up to US$ 4.6 bn on AI drug development, expands deal with Valo Health; WuXi sells Irish vaccine plant to Merck
As the embattled WuXi Biologics faces increasing pressure from the impending US Biosecure Act, it has decided to sell its vacci...
Impressions : 751
Lilly’s Zepbound becomes first FDA-approved therapy for sleep apnea; Novo wins nod for daily hemophilia shot
This week’s Phispers is a double bill with news from the last two weeks. Through much of December, the US Food and Drug A...
Impressions : 891
Novo invests US$ 1.2 bn in new rare disease plant in Denmark; FDA approves two drugs for atopic dermatitis
As the year draws to a close, the US Food and Drug Administration (FDA) has been approving drugs at a feverish pace. It approve...
Impressions : 726
Lilly, Amgen inject billions into manufacturing; GSK’s Blenrep bests world’s top-selling myeloma drug
In Phispers this week, Eli Lilly announced an investment
of US$ 3 billion towards building a new plant in Wisconsin (US) to me...
Impressions : 10288
Novartis snaps up PTC’s Huntington’s disease program in US$ 2.9 bn deal; Sanofi to set up insulin facility in China
In Phispers this week, we bring you news of how political
changes in the US could impact the pharma industry. Big Pharma has r...
Impressions : 762
Sarepta inks US$ 11 bn RNA deal with Arrowhead; Roche expands CAR-T arsenal; Novartis buys Kate for US$ 1 bn
The week saw three large deals signed
in promising fields. First, Sarepta Therapeutics signed a US$ 11.4 billion deal
with Ar...
Impressions : 1142
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 : 1045
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 : 648
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 : 858
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 : 773
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 : 876
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 : 946
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 : 892
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 : 1154
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 : 996
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 : 724
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 : 1061
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 : 1567
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 : 711
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 : 1405
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 : 877
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 : 782
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 : 1005
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 : 1241
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 : 1006
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 : 836
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 : 1015