Hims’ Super Bowl ad has drawn criticism from lawmakers — and now Novo Nordisk
Novo Nordisk hit back at telehealth company Hims’ controversial Super Bowl commercial touting cheaper versions of brand-name weight loss drugs. The Danish pharma company behind blockbuster shots...
View ArticleTrump’s tariff impact likely ‘minimal’ for brand-name drugmakers
Several brand-name drugmakers believe they will withstand any drug pricing impacts from President Donald Trump’s tariffs — and manufacturers that contract with pharma companies will likely be...
View ArticleStates sue Trump administration over billions in NIH indirect cost cuts
Twenty-two state attorneys general sued the Trump administration on Monday in a bid to halt a new cap on indirect costs for universities receiving billions of dollars worth of NIH grants nationwide....
View ArticleEli Lilly inks $630M deal for Phase 1 MASH candidate
Eli Lilly is betting up to $630 million on an experimental MASH treatment from a South Korean biotech. The pharma giant announced a deal on Monday to license a Phase 1 ...
View ArticleMerck KGaA confirms interest in acquiring cancer biotech SpringWorks
German pharma company Merck KGaA confirmed that it is in talks to acquire SpringWorks Therapeutics, though a deal has yet to be announced. Merck confirmed the discussions hours after Reuters ...
View ArticleUpdated: Judge halts NIH cuts nationwide after groups, 22 states sue
A federal court in Massachusetts temporarily blocked the Trump administration’s new cap on indirect cost reimbursements for NIH grant recipients nationwide. District Judge Angel Kelley on Monday...
View ArticleVertex operations chief Stuart Arbuckle to retire
Vertex chief operating officer Stuart Arbuckle plans to retire in July, the company announced Monday afternoon. He will be succeeded by Charlie Wagner, who will continue to be CFO in addition to...
View ArticleNovartis returns for its anticoagulant in up to $3.1B buy of Blackstone’s Anthos
Nearly six years to the day after offloading its factor XI inhibitor to Blackstone Life Sciences, Novartis is swooping up the monoclonal antibody for $925 million upfront and up to $3.1. billion total...
View Article#ASCOGU: Pfizer’s prostate cancer data leak shows promising results in...
Clinical trial results from a Phase 1 study by Pfizer leaked days before a late-breaking presentation scheduled for Thursday, showing that the drugmaker’s prostate cancer candidate cut the risk of...
View ArticleInventiva cuts pipeline, lays off nearly entire research team in bid to get...
Inventiva is trimming its pipeline and enacting layoffs in an effort to get its lead MASH drug approved, the company announced Monday afternoon. The plan will center around its MASH candidate ...
View ArticleIN8bio’s Phase 1 AML data; Layoffs at Q32 Bio and Third Harmonic
Plus, news about Arvinas and Invizyne Technologies: IN8bio’s Phase 1 data in acute myeloid leukemia: In an investigator-sponsored study, all nine patients who received the company’s allogeneic...
View ArticleWhat will pharma's share buyback shopping spree mean for M&A?
A handful of cash-rich pharma companies have announced billions of dollars in share buybacks in recent months, raising questions about their interest in transformative dealmaking this year. Eli Lilly,...
View ArticleSummer buys Caraway, as startups keep deals in the VC family
Last week, Summer Health, a provider of urgent care for kids, said it acquired Caraway Health, which offers virtual care tailored to Gen Z. The deal is another tying together two startups with the same...
View ArticleFDA puts two Chinese API makers on import alert after failed inspections
Chinese API manufacturers Wuhu Nuowei Chemistry and Chengdu Innovation Pharmaceutical have been placed on US import alert over issues with their quality control and testing methods. The import alerts...
View ArticleBiohaven gets FDA priority review for neuro disease drug after refuse-to-file
Biohaven's experimental drug troriluzole for the rare, neurodegenerative disease spinocerebellar ataxia will get a priority review from the FDA, after the company presented additional real-world data....
View ArticleTravere plans to seek expanded label for kidney drug
Travere Therapeutics said Tuesday it plans to ask the FDA for approval of its kidney drug Filspari in a rare condition known as focal segmental glomerulosclerosis, or FSGS, using a secondary endpoint...
View ArticleSpringWorks lands FDA approval for nerve tumor treatment
SpringWorks Therapeutics, a biotech potentially on the verge of being acquired, won its second FDA approval. The agency on Tuesday gave the green light to Gomekli, a treatment for adults and ...
View ArticleNew CMO Dietmar Berger highlights Gilead’s ‘unique situation’ and its HIV...
Dietmar Berger said Gilead is in a “unique situation” as he assumes the role of chief medical officer, touting a “well-diversified" pipeline, potential launches and an eight-year stretch of no major...
View ArticleBiogen gets $250M in Royalty Pharma deal for lupus program
Biogen is turning to Royalty Pharma for some cash in exchange for rights to a lupus program, the companies announced Wednesday. The two have agreed on a deal for litifilimab, an anti-BDCA2 drug...
View ArticleExclusive: Longevity startup targets renegade proteins linked to diabetes and...
The human genome is chock-full of middle managers. Roughly 2,000 proteins, accounting for one-tenth of our genes, control how the rest of our genes are turned on or off. Normally these ...
View Article