Deals
AbbVie Buys $1.45B Option on Kestrel's KRAS Program
AbbVie has secured an exclusive right to buy Kestrel Therapeutics for up to $1.45 billion, with the biotech required to hit unspecified development and…
Latest — Page 29
FDA
Boehringer-Zealand Obesity Drug Posts 13.4%, Trails Zepbound
Survodutide posted 13.4% placebo-controlled weight loss at 76 weeks in the SYNCHRONIZE-1 Phase 3 trial, solid enough to clear both primary endpoints, but…
FDA
Cleared 2 Phase 3 Trials, Incyte Plans Povorcitinib Vitiligo Filing
Incyte will file for FDA approval of povorcitinib, its oral JAK1 inhibitor pill, in nonsegmental vitiligo after the drug hit in both of its Phase 3 trials.
FDA
FDA Moves to Strip Amgen's $459M Tavneos Over Manipulated Data
FDA proposed to rescind the approval of Tavneos, Amgen's oral treatment for ANCA-associated vasculitis, after CDER concluded that data from the drug's…
Legal
Charged: Scattered Spider's 'Bouquet,' 19, Faces 6 Federal Counts
Federal prosecutors charged a 19-year-old dual U.S.-Estonian citizen with wire fraud, conspiracy, and computer intrusion, alleging he's a prolific member of…
FDA
Passed Phase 3: Rezzayo Puts CorMedix's $300M Melinta Buy to Work
Rezzayo passed phase 3.
Deals
Sun Pharma Bought Organon for $11.75B, Debt Included
Sun Pharma paid $11.75 billion, or $14 a share in cash, to buy Organon in a deal that positions the India-based generics maker among the world's biosimilar…
FDA
Filed: Intellia lonvo-z BLA on 87% HAE Attack Data
Intellia Therapeutics filed a rolling biologics license application for lonvo-z Monday, backed by Phase 3 data showing an 87% reduction in hereditary…
Deals
Lilly Bought Ajax for $2.3B on a JAK2 Resistance Bet
Eli Lilly paid up to $2.3 billion for Ajax Therapeutics on April 27, adding a Phase 1 myelofibrosis asset to a deal streak that's included Verve ($1B…
FDA
Intellia Files FDA After Lonvo-z Cuts Attacks 87%
Intellia began a rolling FDA submission for lonvoguran ziclumeran (lonvo-z) Monday after phase 3 data showed a single infusion reduced hereditary angioedema…
Legal
Jailed 70 Months, Tangeman Helped Launder $230M Bitcoin Heist
Evan Tangeman, 22, was sentenced to 70 months in federal prison for laundering at least $3.5 million tied to a $230 million Bitcoin heist, a RICO conspiracy…
FDA
FDA Issues 3 Psychedelic Priority Vouchers; Definium Left Out
FDA issued Commissioner's National Priority Vouchers to three companies developing psilocybin and methylone therapies Friday, cutting review timelines from…
Legal
ShinyHunters Extorts ADT on 10M Records With April 27 Deadline
ADT and the ShinyHunters extortion group are at a standoff today, with attackers threatening to publish 10 million customer records unless the home security…
FDA
FDA Issues 3 Psychedelic Fast-Track Vouchers; Wall Street Blindsided
FDA issued fast-track vouchers to three psychedelic-focused companies Friday, and the selections hit Wall Street as a surprise.
Deals
Lilly Bought In Vivo CAR-T as Sanofi Faces Reckoning
Eli Lilly bought an in vivo CAR-T biotech, terms undisclosed.
