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πŸ”¬ Latest Pharma Industry Updates

Pharma Weekly Updates in a Quick, 2-Minute Read.

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πŸ”¬ Latest pharma industry updates πŸ‘‡

🀝 Jazz Pharmaceuticals will acquire Actio Biosciences, Inc. for up to $1.3B, adding a rare epilepsy drug and expanding its neuroscience pipeline.

πŸ”¬ Latest pharma industry updates πŸ‘‡

🀝 AstraZeneca and Bristol Myers Squibb were reportedly exploring a ~$400B megamerger, but a senior source later said no discussions were ongoing, cooling speculation over one of pharma’s largest potential combinations.

πŸ”¬ Latest pharma industry updates πŸ‘‡

🀝 argenx will acquire Forte Biosciences, Inc. for about $2.2B, adding FB102, a first-in-class anti-CD122 antibody with clinical validation in vitiligo and celiac disease.

πŸ”¬ Latest pharma industry updates πŸ‘‡

🟒 GSK won FDA approval for Jideytro in advanced lung cancer, marking its 1st lung cancer approval, a significant cancer-treatment advance.

πŸ”¬ Latest pharma industry updates πŸ‘‡

🀝Eli Lilly and Company will acquire AtaiBeckley for up to $3.8B, adding a nasal psychedelic for treatment-resistant depression and expanding its neuropsychiatry pipeline.

πŸ”¬ Latest pharma industry updates πŸ‘‡

🀝 Vertex Pharmaceuticals will buy Crinetics Pharmaceuticals for $10B, its largest acquisition ever, expanding into endocrinology with Palsonify.

πŸ”¬ Latest pharma industry updates πŸ‘‡

🀝 Ipsen will buy Kartos Therapeutics, Inc. for up to $1.75B and Memo Therapeutics AG for over €700M to strengthen its rare disease pipeline.

πŸ”¬ Latest pharma industry updates πŸ‘‡

🀝 AbbVie will acquire Apogee Therapeutics for $10.9B, adding immunology assets for atopic dermatitis and asthma.

πŸ”¬ Latest pharma industry updates πŸ‘‡

🀝 Biogen will acquire RayThera for up to $1B, adding preclinical and early immunology small molecules.

πŸ”¬ Latest pharma industry updates πŸ‘‡

This edition is sponsored by AzurBio - supporting biotech and pharma companies looking to enter, understand, and grow in the European market.