MSD calls off £1bn UK expansion amid government-big pharma tensions
Merck & Co (MSD) has ditched plans for its £1bn R&D centre in London, UK, while ceasing drug discovery and …
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UK pharma industry risks losing world-leading status as investment plummets
The UK is at risk of losing its world-leading life sciences status due to investment being captured elsewhere on the …
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Kriya gains $320m in Series D for gene therapy development
Kriya Therapeutics has closed an oversubscribed Series D funding round, raising $320m, aimed at propelling its gene therapy pipeline targeting …
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Sanofi’s Tzield gains approval in China for T1D management
China’s National Medical Products Administration (NMPA) has approved Sanofi’s Tzield (teplizumab), making it the first disease-modifying therapy for autoimmune type …
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Top 20 biopharma market caps fall 5.7% amid industry challenges
The biopharmaceutical industry faces headwinds from the Trump administration’s ongoing tariffs and drug pricing pressures in the US. As a …
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Trump tasks FDA to crack down on misleading drug advertising
US President Donald Trump is launching an enforcement drive against pharmaceutical companies and social media influencers who are responsible for …
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Capricor refutes FDA’s DMD deramiocel rejection in public statement
Capricor Therapeutics has publicised a statement addressing the US Food and Drug Administration’s (FDA) decision to reject its Duchenne muscular …
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Novo Nordisk slashes 11% of workforce as Eli Lilly pressure tightens
Novo Nordisk will cut 9,000 jobs as part of a savings plan as the drugmaker fails to grapple with the …
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Kytopen and BlueWhale Bio partner for cell therapy innovation
Kytopen, a provider of continuous flow cellular engineering technologies, has collaborated with BlueWhale Bio to advance the manufacturing process of …
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Health Canada approves Medison and Ipsen’s Bylvay to treat ALGS
Health Canada has approved Medison Pharma and Ipsen’s Bylvay (odevixibat) to treat cholestatic pruritus in patients aged 12 months and …
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Novartis snaps up promising ASCVD asset with Tourmaline acquisition
Swiss pharma giant Novartis has agreed to acquire clinical-stage biopharmaceutical company Tourmaline Bio for $1.4bn. Through this deal, Novartis will expand …
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US Government signs $56m smallpox/mpox vaccine order despite political disarray
The US Government has ordered $56m worth of mpox/smallpox vaccines to bolster public health preparedness, despite wider uncertainty in the …
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Novo’s Ozempic price cut expected to slow market share erosion
Novo Nordisk’s decision to significantly reduce the price of blockbuster drug semaglutide is expected to slow the shift of patients …
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Lilly to seek Jaypirca label expansion for first-line CLL/SLL usage
Eli Lilly is seeking a label expansion for earlier use of Jaypirca (pirtobrutinib) in treatment-naïve patients with chronic lymphocytic leukaemia …
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Servier to acquire potential Fragile X syndrome treatment from Kaerus
Servier has agreed to acquire Medicxi company Kaerus Bioscience's potential Fragile X syndrome (FXS) treatment, KER-0193. Servier will pay Kaerus Bioscience …
