Deals
Lilly Bought 10, Spent $25B: More Than Pharma Combined
Lilly's $25.27B deal spree in 2026 eclipses the combined M&A of every other top-12 pharma, and the obesity juggernaut isn't done yet.
Latest — Page 10
Legal
CISA Orders Agencies to Patch Check Point VPN in 3 Days
Qilin ransomware hit a few dozen organizations through a CVSS 9.3 Check Point VPN flaw before a patch existed. Agencies have until June 11.
Legal
Filed: Banks, FDIC, 21 AGs Challenge Colorado Rate Law
Colorado's DIDMCA opt-out drew an amicus coalition of FDIC, OCC, 21 state AGs, and the U.S. Chamber against it in the Tenth Circuit.
SEC
Breached via Vendor, SoFi Hong Kong Can't Gauge Damage
SoFi's Hong Kong unit discovered a vendor breach on April 30 but can't say who was hit, what was taken, or whether the vendor was extorted.
FDA
Novo Fires Back as Lilly's Retatrutide Hits 30%
Lilly's retatrutide hits 30.3% weight loss at two years while Novo Nordisk's oral Wegovy crosses 3 million scripts and queues two H2 FDA decisions.
Legal
Meta Asks Court to Hold NSO in Contempt
Meta caught NSO running phishing campaigns in violation of a court-ordered no-hack ban, and it's now asking a federal judge for contempt.
Deals
J&J Buys Firefly Bio for $1B DAC Platform
J&J dropped $1 billion on a preclinical KRAS degrader platform at the exact moment Revolution Medicines proved the target is druggable.
Deals
Intesa Outbids BPM for Monte Paschi at $35.3B
Intesa Sanpaolo bid $35.3 billion for Monte Paschi at a 12.5% premium, blocking a BPM merger-of-equals offer that never named a price.
Deals
Roche Pays $700M Upfront for Nurix BTK Degrader
Roche drops $700M upfront and up to $3B total for Nurix's bexobrutideg, a BTK degrader headed into a phase 3 showdown with Lilly's Jaypirca.
AI
Hacked: Meta AI Tool Exposed 20,225 Instagram Accounts
Meta's AI-powered account recovery tool didn't check email ownership, and attackers used that gap to steal 20,225 Instagram accounts.
Legal
Sued Over DOGE Breach; Tens of Thousands of Stryker Devices Wiped
House Democrats say DOGE's Social Security grab may be the largest breach in U.S. history, and Iran and China had a very bad quarter too.
FDA
FDA Built 3 Rare Disease Routes; Key Rules Unclear
Three new FDA pathways promise faster rare disease approvals, but open questions on exclusivity could blunt their commercial impact.
FDA
Lilly Drops 28.3% Weight Loss, 73% Knee Pain Cut at ADA
Retatrutide cuts knee pain 73% and sleep apnea 60% at ADA: the multi-indication Phase 3 data that could reframe GLP-1 regulatory strategy.
AI
Survivor Sues Omnilert After $1M AI Detector Failed
A Nashville teen sues Omnilert over a $1M AI gun detector that didn't fire during a school shooting the company claimed its tech could have prevented.
AI
NSA Embeds Anthropic Engineers Despite DoD Ban
Anthropic deployed six engineers to the NSA to run a model the DoD officially banned, a contradiction both sides are declining to explain.
