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Sanofi started—and lost—$28B bidding war for Horizon. Is the company's M&A appetite still rumbling?Sanofi may have backed down against Amgen in a recent M&A bidding war, but its initial offer that got the ball rolling on the $28 billion buyout of Horizon Therapeutics suggests the French Pharma2022/12/14
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Arcutis' topical cream goes 2 for 2 in pivotal eczema trials to clear path to FDAArcutis Biotherapeutics’ topical cream hasracked upa second phase 3 win in eczema patients, putting the company on track to file for FDA approval in the indication in the second half of next year.2022/12/12
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UPDATED: As Novo irons out obesity supply wrinkles, blockbuster-to-be Wegovy debuts in EuropeLooking to avoid another false start for its obesity blockbuster-in-waiting Wegovy, Novo Nordisk isn’t rushing the launch of its semaglutide med in Europe. The GLP-1 drug was originally set to deb2022/12/12
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Re-Vana reels in $12M to develop sustained-release eye implantsInvestors haveboostedRe-Vana Therapeutics’ ambition to develop sustained-release eye disease drugs, putting up $11.9 million in series A funding on the back of nonclinical ocular safety and efficacy2022/12/7
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Vaxxas raises $23M to fund needle-free COVID-19 vaccine trialVaxxas hassecuredfunding to support clinical development of its needle-free COVID-19 vaccine, stuffing its coffers with $23 million from investors including OneVentures and UniQuest. The2022/12/7
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EpiPen litigation comes back to haunt Teva a decade after initial settlementsBetween opioid litigation, price fixing claims, generic carve-out feuds—and, now, a class-action lawsuit alleging copycat launch shenanigans—Teva Pharmaceutical has certainly kept the courts busy in2022/12/5
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GSK, Sanofi, Takeda sign with Singapore partnership to advance biologic manufacturingGlobal pharma giants GSK, Sanofi and Takeda signed on with with apartnership of agenciesto advance biologic manufacturing in Singapore. The production partnership is through the Biologics2022/12/5
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AstraZeneca sells US plant to Resilience, forging manufacturing pact in the processA new era is dawning at an AstraZeneca facility that once formed part of the company’s U.S. COVID-19 vaccine production network. AstraZeneca has locked in asaleof its site in West Chester, Ohio, t2022/12/1
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Amgen, J&J and Sanofi size up Horizon as Big Pharma renews interest in rare disease M&AAs Big Pharma companies face growing competitive pressures for their existing businesses, they’ve been increasingly drawn to rare disease M&A. That trend appears to be intact with some new dealma2022/12/1
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NMPA Held the Work Conference on Promoting Foreign Trade...On November 15, 2022, in order to thoroughly implement the decisions and plans of the CPC Central Committee and the State Council, and focus on the new missions and requirements proposed in the Repor2022/11/29