Deals
Bought Comerica. Now Fifth Third Converts 500,000 Customers by Labor Day
Fifth Third bought Comerica in February, folding in about $294 billion in assets and roughly 500,000 retail customers.
Latest — Page 35
FDA
Merck Hits 55% NSCLC ORR With MK-2010, Won't Commit to Phase 3
Merck's MK-2010 posted a 55% unconfirmed overall response rate among 11 previously untreated PD-L1-positive non-small cell lung cancer patients, the first…
Deals
Raised $625M at $16 a Share, Kailera Tops Moderna's 2018 IPO Record
Kailera Therapeutics priced just under 40 million shares at $16 apiece Friday, pulling in $625 million on its Nasdaq debut under KLRA.
Deals
Topped $30B: Revolution Medicines Buyout Climbs on Cancer Win
Revolution Medicines had a rumored $30 billion buyout offer on the table in January.
Legal
Revived: $176.5M Patent Verdict Leaves Lilly to Evaluate Options
The Court of Appeals for the Federal Circuit on Thursday reinstated the $176.5 million verdict that Teva won in 2022, reviving its claim that Eli Lilly's…
Deals
Kailera Prices $625M IPO, Largest Biotech Since Moderna
Kailera Therapeutics priced its IPO at $625m, or $16 a share, on April 16 — at the top of its S-1 range and one of the largest biotech public offerings…
FDA
Rejected Twice: Replimune's RP1 and the 22 Scientists Who Disagreed
FDA rejected Replimune's RP1 for advanced melanoma for the second time on April 10, citing the same reason it cited last July: heterogeneity of the…
Deals
Priced at $16, Kailera Raises $625M in Largest Biotech IPO Since 2018
Kailera Therapeutics priced its IPO at $16 a share Friday, raising $625 million, the largest biotech public offering in recent memory, topping Moderna's…
Deals
Daiichi Sankyo Sold $1.55B Consumer Unit to Suntory
Daiichi Sankyo will sell its consumer health subsidiary to Suntory Holdings for 246.5 billion yen, about $1.55 billion, paid in tranches over three years.
Deals
Filed: Nir Zuk's Bid for $442M-Asset Liberty Bank
Nir Zuk, the Israeli billionaire who founded Palo Alto Networks, filed a Federal Reserve application Wednesday to acquire voting shares of DMG Bancshares…
FDA
Recalled: Viatris Xanax Lot, Teva's 7 Clonidine Batches
FDA graded two separate recalls Class II this week: Viatris pulling extended-release Xanax over failed dissolution specs, Teva yanking clonidine patches…
Deals
OpenEvidence and Tandem Merge $13B in AI Into One Prescription Workflow
OpenEvidence and Tandem linked their platforms to automate the gap between clinical decisions and prior auth approvals.
deals
Legal
Huizenga Filed Bill to Sanction DeepSeek Under 1977 Law
If the Deterring American AI Model Theft Act passes, companies like DeepSeek, Moonshot, and MiniMax could face placement on the Commerce Department's Entity…
Legal
FTC Sues NERD Solutions for $8.8M Student Loan Scheme
The FTC sued NERD Solutions Inc., ED REF Inc., and their operators Natalie Rodriguez and Pablo Ortiz in the U.S. District Court for the Central District of…
Legal
Judge Orders Drillmec VP to Forfeit $1,019,757 in PEMEX Bribery Case
Judge David Hittner in the Southern District of Texas ordered Diego Bergonzi to forfeit $1,019,757 earlier this week, the exact proceeds Bergonzi pocketed…
