Deals
Lilly Drops $4.5B, Opens First Genetic Medicine Plant
Lilly's $4.5B Indiana bet includes the company's first genetic medicine plant and what could become the largest API site in U.S. history.
Latest — Page 7
Legal
DOJ Jails Two Americans for $1.2M DPRK IT Scheme
When U.S. companies thought they were hiring domestic IT workers, the paychecks landed in Pyongyang. Two Americans just learned the price.
AI
Mythos Triggers Banking AI Rule Vacuum
Anthropic's Mythos triggered an April 7 emergency meeting with big-bank CEOs. The Fed, OCC, and FDIC now say model risk rules don't cover gen AI.
AI
Pennsylvania Sues Character.AI Over Fake Doctor Bot
Character.AI faces a Pennsylvania lawsuit for passing a chatbot off as a licensed physician. State AGs don't need federal AI law to move.
Deals
Roche Buys PathAI for $750M, Up to $1.05B Total
Roche is dropping $750M upfront for PathAI, with another $300M in milestones riding on a pathology software platform it wants to take global.
Deals
Angelini Pays $4.1B for Catalyst's Rare Neuro Drugs
Angelini Pharma dropped $4.1B on Catalyst and its trio of FDA-approved rare neurology treatments; the per-share premium wasn't disclosed.
Deals
GSK Bought SiranBio for $1B in siRNA Bet
GSK paid up to $1B for SiranBio's Phase 1 siRNA asset targeting ALK7, doubling down on cardiometabolic bets while GLP-1 rivals pile up.
Legal
Sued 3 Times, Chime Denies Iran-Linked Hack
Four Chime customers allege Iran-linked Team 313 stole Social Security numbers and account credentials; Chime says no member data was compromised.
FDA
Viridian Soars 39% as Elegrobart Phase 3 Hits 54% PRR
Elegrobart's REVEAL-2 hit 54% PRR, vindicating Viridian after REVEAL-1 crashed shares 33% — and Q1 2027 filing is now on the table.
Deals
Lilly Puts $4.5B More Into Indiana Complex
Lilly's $4.5B Lebanon push brings its U.S. decade commitment over $50B, with a tirzepatide API plant poised to be the country's largest.
Deals
Bullish Buys Transfer Agent Equiniti for $4.2B
The crypto exchange is paying $4.2B for capital markets plumbing: a transfer agent processing $500B annually for 20 million shareholders.
Legal
Conti Affiliate Gets 102 Months for $16M Ransom Scheme
A Latvian national drew 102 months for his role in a Conti offshoot's $16M ransomware spree, including leaking children's health data.
AI
Signed: Maryland HB 895 Bans AI Pricing Oct. 1
Maryland's AI pricing ban starts with grocers and delivery apps. The language used fits every risk-based pricing model in consumer finance.
AI
Sued: Character.AI Chatbot Faked PA Medical License
A Character.AI chatbot posed as a licensed psychiatrist in 45,500 sessions. Pennsylvania's lawsuit says it even gave out a fake license number.
Legal
Jailed 102 Months: Conti Operator Extorted 54 Firms
The Conti operator who threatened to leak stolen children's health records to extort payment just drew 102 months from DOJ's Criminal Division.
