
π¬ Latest pharma industry updates π
π€ Jazz Pharmaceuticals will acquire Actio Biosciences, Inc. for up to $1.3B, adding a rare epilepsy drug and expanding its neuroscience pipeline.
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π€ Jazz Pharmaceuticals will acquire Actio Biosciences, Inc. for up to $1.3B, adding a rare epilepsy drug and expanding its neuroscience pipeline.

π€ 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 pharmaβs largest potential combinations.

π€ 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.

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

π€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.

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

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

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

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

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