Legal
Rejected: DFPI's True Lender Claim Against OppFi
LA Superior Court handed OppFi a clean win over DFPI's true lender attack on its FinWise Bank partnership, but DFPI has 60 days to appeal.
Latest — Page 14
Deals
Gilead Paid $3.15B for Tubulis; TUB-040 Posts 61% ORR
Gilead's $3.15B Tubulis bet just got its first public data read: TUB-040 hit 61% response where standard care manages five months.
Legal
Kalshi, CFTC Sue Minnesota Over Felony Prediction Ban
The CFTC filed first and Kalshi filed second, and Minnesota is now fighting two federal preemption suits before its Aug. 1 felony ban takes effect.
AI
PETs Cut Cross-Border Approvals From 12 Months to 2
Privacy Enhancing Technologies just cut a 12-month data-transfer wait to two months. The compliance and engineering math now favors founders.
FDA
Cuts DLBCL Risk 25%: Monjuvi Takes On Polivy
Incyte's phase 3 frontMIND data cuts DLBCL progression risk 25%, but seven drugs and a pending OS read leave the first-line market wide open.
FDA
Pfizer Cuts J&J's mCSPC Lead With 52% PFS Win
Talapro-3's 52% rPFS reduction spans both BRCA and non-BRCA HRR alterations, the full-spectrum breadth J&J's Akeega couldn't earn from FDA.
FDA
Summit's Ivonescimab OS Data Could Shake NSCLC Billions
Ivonescimab's HARMONi-6 OS data hits ASCO's plenary Sunday, with AbbVie, BioNTech, and Merck holding competing bets on who wins the PD-1/VEGF race.
FDA
FDA Warns Alchymars Again: Eight Years, Same Gaskets
FDA's second warning to Alchymars in eight years cites the same deteriorated equipment FDA cleared in 2023, plus an import alert on top.
Legal
GreenSky Pays $10M in Senior Lending Scheme
A $10M multistate settlement covers $6.5M in victim restitution, but GreenSky won't admit liability, pinning the scheme on 'prior ownership'.
Legal
Bonta Sues 23andMe Over 6.9M Genetic Data Breach
California's AG named a coding error in DNA Relatives, a five-month detection gap, and misleading public statements as the three pillars of the suit.
Legal
Paid No Ransom; ShinyHunters Leaked 4.9M Charter Accounts
Charter turned down ShinyHunters' ransom on 42 million Salesforce records, and the gang posted 4.9 million customer accounts on the dark web.
Deals
Raised $65B, Anthropic Tops OpenAI at $965B
Anthropic's Series H puts its valuation at $965 billion, a 154% step-up from February, with an investor list that reads like an IPO roadshow roster.
AI
SB 315 Makes Illinois Third State With AI Audit Law
Illinois SB 315 mandates annual third-party audits for frontier AI labs, and OpenAI's own endorsement reveals who the rules are designed to favor.
Deals
Pfizer Buys 12-Drug China Cancer Portfolio for $650M
Pfizer's $650M entry into China's early oncology machine mirrors BMS-Hengrui by two weeks, and neither buyer has Phase 1 data to show for it.
FDA
FDA's First AI Warning Letter Hits Purolea Lab
A Michigan drug maker let AI write its specs and skipped validation. The FDA just made it the first cGMP enforcement case naming AI misuse.
