Sanofi moves ahead with CD&R deal for stake in consumer business

Sanofi moves ahead with CD&R deal for stake in consumer business

    21 Oct 2024

Dive Brief: French pharmaceutical company Sanofi is proceeding with plans to sell U.S.-based private...

Lexicon sells Viatris rights to cardio drug outside of the U.S. and Europe

Lexicon sells Viatris rights to cardio drug outside of the U.S. and Europe

    21 Oct 2024

Dive Brief: Lexicon Pharmaceuticals is selling rights to its only marketed drug outside of...

Sanofi, expanding in radiopharma, strikes a joint venture deal

Sanofi, expanding in radiopharma, strikes a joint venture deal

    20 Oct 2024

Dive Brief: Sanofi will invest 300 million euros, or about $325 million, for a...

CVS replaces CEO Karen Lynch with Caremark head

CVS replaces CEO Karen Lynch with Caremark head

    20 Oct 2024

Dive Brief: CVS Health on Thursday replaced CEO Karen Lynch as the healthcare and pharmacy...

PTC rebuffed again by EMA; Novartis licenses China-based biotech’s cancer drug

PTC rebuffed again by EMA; Novartis licenses China-based biotech’s cancer drug

    19 Oct 2024

Today, a brief rundown of news from PTC Therapeutics and Novartis, as well as...

Gilead withdraws Trodelvy in bladder cancer

Gilead withdraws Trodelvy in bladder cancer

    19 Oct 2024

Dive Brief: Gilead will no longer sell its combination drug Trodelvy to treat bladder...

Merck antibody reduces RSV-related disease, hospitalizations in trial

Merck antibody reduces RSV-related disease, hospitalizations in trial

    18 Oct 2024

Dive Brief: An experimental antibody drug developed by Merck & Co. significantly reduced the...

After rejections, AbbVie secures approval for Parkinson’s drug

After rejections, AbbVie secures approval for Parkinson’s drug

    18 Oct 2024

People with advanced Parkinson’s disease have a new treatment option, as the Food and...

Sage to cut one-third of workforce, streamline drug pipeline

Sage to cut one-third of workforce, streamline drug pipeline

    17 Oct 2024

Sage Therapeutics is restructuring yet again, announcing Thursday a company shakeup that will involve...

Wave sees RNA editing validation in early trial results

Wave sees RNA editing validation in early trial results

    17 Oct 2024

Clinical trial results released by Wave Life Sciences Wednesday appear to provide early validation...

Novocure wins FDA approval for electric field device in lung cancer

Novocure wins FDA approval for electric field device in lung cancer

    16 Oct 2024

Dive Brief: The Food and Drug Administration on Tuesday approved a new device to...

Tremfya, Carvykti sales grow as J&J prepares for Stelara patent loss

Tremfya, Carvykti sales grow as J&J prepares for Stelara patent loss

    16 Oct 2024

Dive Brief: Sales of Johnson & Johnson’s cancer therapy Carvykti and immune disease drug...

Forbion follows string of startup exits with $2.2B fundraise

Forbion follows string of startup exits with $2.2B fundraise

    15 Oct 2024

Dive Brief: European life sciences venture firm Forbion on Tuesday said it has raised...

Lundbeck to buy brain drug developer Longboard for $2.6B

Lundbeck to buy brain drug developer Longboard for $2.6B

    15 Oct 2024

Danish drugmaker Lundbeck has agreed to spend $2.6 billion acquiring a young biotechnology company...

FDA, facing pressure, to review position on Zepbound, Mounjaro shortage

FDA, facing pressure, to review position on Zepbound, Mounjaro shortage

    14 Oct 2024

The Food and Drug Administration has temporarily deflected a lawsuit alleging it violated federal...

Drugmakers are racing to find the next Wegovy. These obesity trials are ones to watch.

Drugmakers are racing to find the next Wegovy. These obesity trials are ones to watch.

    14 Oct 2024

Within the pharmaceutical industry, a multibillion-dollar race is underway to top Novo Nordisk’s and...

The number of AI medical devices has spiked in the past decade

The number of AI medical devices has spiked in the past decade

    13 Oct 2024

The number of medical devices with artificial intelligence technology has risen sharply in the...

UnitedHealth, CVS push to remove FTC Chair Lina Khan from PBM case

UnitedHealth, CVS push to remove FTC Chair Lina Khan from PBM case

    13 Oct 2024

Dive Brief: UnitedHealth Group and CVS Health want Federal Trade Commission Chair Lina Khan...

Upstream prices $255M IPO in bid to challenge Amgen, AstraZeneca asthma drug

Upstream prices $255M IPO in bid to challenge Amgen, AstraZeneca asthma drug

    12 Oct 2024

Dive Brief: Upstream Bio announced Thursday it priced its initial public offering, raising $255...

FDA clears Roche breast cancer drug; Turnstone lays off 60% of staff

FDA clears Roche breast cancer drug; Turnstone lays off 60% of staff

    12 Oct 2024

Today, a brief rundown of news from Roche and Turnstone Biologics, as well as...

Sanofi may have found a buyer for its consumer health business

Sanofi may have found a buyer for its consumer health business

    11 Oct 2024

For the past year, French pharmaceutical giant Sanofi has been searching for a buyer...

Upstream prices $255M IPO in bid to challenge Amgen, AstraZeneca asthma drug

Upstream prices $255M IPO in bid to challenge Amgen, AstraZeneca asthma drug

    11 Oct 2024

Dive Brief: Upstream Bio announced Thursday it priced its initial public offering, raising $255...

Ex-Pfizer execs ‘threatened’ for supporting plans to shake up company, Starboard says

Ex-Pfizer execs ‘threatened’ for supporting plans to shake up company, Starboard says

    10 Oct 2024

Two former Pfizer executives announced late Wednesday night that they won’t support efforts by...

Purespring raises $105M to advance gene therapy for kidney disease

Purespring raises $105M to advance gene therapy for kidney disease

    10 Oct 2024

Biotechnology company Purespring Therapeutics has raised about $105 million to fund its development of...

Lilly partners with AI specialist Insitro to develop metabolic medicines

Lilly partners with AI specialist Insitro to develop metabolic medicines

    09 Oct 2024

Dive Brief: Eli Lilly and Insitro said they have entered into three drug development...

Sage continues downslide as Alzheimer’s study fails

Sage continues downslide as Alzheimer’s study fails

    09 Oct 2024

Alzheimer’s disease remains one of the world’s most indomitable illnesses, and on Tuesday it...

Startup led by John Maraganore raises $135M to build ‘future of RNAi’

Startup led by John Maraganore raises $135M to build ‘future of RNAi’

    08 Oct 2024

Since stepping down as CEO of Alnylam Pharmaceuticals three years ago, John Maraganore has...

GSK’s ViiV to expand supply of HIV drug in Africa

GSK’s ViiV to expand supply of HIV drug in Africa

    08 Oct 2024

Dive Brief: GSK-backed ViiV Healthcare on Monday said it plans to triple the amount...

Scholar Rock scores with ‘surprise’ success in SMA drug study

Scholar Rock scores with ‘surprise’ success in SMA drug study

    07 Oct 2024

Dive Brief: An experimental, muscle-preserving therapy from Scholar Rock succeeded in a Phase 3...

Lilly plans $4.5B ‘foundry’ for advanced drug manufacturing

Lilly plans $4.5B ‘foundry’ for advanced drug manufacturing

    07 Oct 2024

Dive Brief: Eli Lilly on Wednesday announced plans to spend $4.5 billion on a...

An Alzheimer’s drugmaker is accused of data manipulation. Should its trials be stopped?

An Alzheimer’s drugmaker is accused of data manipulation. Should its trials be stopped?

    06 Oct 2024

Cassava Sciences has faced intense regulatory scrutiny over alleged clinical impropriety in studies of...

Opdivo gets ‘perioperative’ approval; pharmas cut jobs in New Jersey, Ireland

Opdivo gets ‘perioperative’ approval; pharmas cut jobs in New Jersey, Ireland

    06 Oct 2024

Today, a brief rundown of news from Bristol Myers Squibb and Johnson & Johnson,...

Sanofi’s rare disease drug finds yet another home

Sanofi’s rare disease drug finds yet another home

    05 Oct 2024

Over the past decade, the medicine Enjaymo has been passed around no less than...

Editas trades Vertex fees for upfront cash in DRI deal

Editas trades Vertex fees for upfront cash in DRI deal

    05 Oct 2024

Dive Brief: Gene editing company Editas Medicines has sold off license fees and future...

Blue Shield of California sidesteps PBMs with new Humira biosimilar deal

Blue Shield of California sidesteps PBMs with new Humira biosimilar deal

    04 Oct 2024

Dive Brief: A major California health plan has struck a novel deal with a...

Medicare tweaks rules for second round of drug price talks

Medicare tweaks rules for second round of drug price talks

    04 Oct 2024

The U.S. government is fine-tuning the rules for how it will negotiate drug prices...

FDA makes end of Zepbound, Mounjaro shortage official

FDA makes end of Zepbound, Mounjaro shortage official

    03 Oct 2024

Dive Brief: Shortages affecting the availability of Eli Lilly’s top-selling diabetes and weight-loss drugs...

Gilead agrees to license new HIV drug in low-income countries

Gilead agrees to license new HIV drug in low-income countries

    03 Oct 2024

Dive Brief: Gilead on Wednesday said it signed royalty-free licensing agreements with six generic...

With $115M more, Triveni accelerates immune drug work

With $115M more, Triveni accelerates immune drug work

    02 Oct 2024

Dive Brief: Triveni Bio has raised $115 million in Series B funding, the company...

The top biopharma conferences in 2025

The top biopharma conferences in 2025

    02 Oct 2024

With rare exceptions, biotechnology and pharmaceutical companies validate their business plans through clinical trials,...

Aktis raises $175M to fuel radiopharma drug development

Aktis raises $175M to fuel radiopharma drug development

    01 Oct 2024

Boston-based Aktis Oncology has raised $175 million in fresh funding to advance its pipeline...

Roche turns to a startup in search for new breast cancer drugs

Roche turns to a startup in search for new breast cancer drugs

    01 Oct 2024

Dive Brief: Roche on Monday agreed to pay $850 million to acquire two experimental...

Accelerating precision oncology: The value of an end-to-end partner for therapeutic access

Accelerating precision oncology: The value of an end-to-end partner for therapeutic access

    30 Sep 2024

Precision oncology continues to be one of the fastest-growing markets within pharmaceuticals. Valued at...

Struggling 2Seventy scraps a key cancer study

Struggling 2Seventy scraps a key cancer study

    30 Sep 2024

2Seventy bio, the cancer-focused drugmaker spun out of Bluebird bio, has decided to stop...

An Italian biotech gets $52M to advance pediatric gene therapies

An Italian biotech gets $52M to advance pediatric gene therapies

    29 Sep 2024

Genespire, an Italy-based biotechnology startup making “off-the-shelf” gene therapies treatment for rare pediatric genetic...

Pfizer to pull sickle cell drug from market, shut down trials

Pfizer to pull sickle cell drug from market, shut down trials

    29 Sep 2024

Dive Brief: Pfizer is pulling the sickle cell disease drug Oxbryta off the market...

Lawmakers call for investigation of former FDA device director

Lawmakers call for investigation of former FDA device director

    28 Sep 2024

Dive Brief: Two House Democrats have called for an investigation of former Food and...

J&J builds case for Talvey; FDA panel questions PD-1 drugs for certain cancers

J&J builds case for Talvey; FDA panel questions PD-1 drugs for certain cancers

    28 Sep 2024

Today, a brief rundown of news from J&J and the FDA, as well as...

FDA, after delay, clears Regeneron and Sanofi drug for COPD

FDA, after delay, clears Regeneron and Sanofi drug for COPD

    27 Sep 2024

The Food and Drug Administration on Friday approved Regeneron Pharmaceuticals and Sanofi’s inflammatory disease...

Bristol Myers schizophrenia drug, the first of its kind, approved by FDA

Bristol Myers schizophrenia drug, the first of its kind, approved by FDA

    27 Sep 2024

For the first time in more than two decades, a completely new form of...

Arch raises another $3B biotech fund in pursuit of ‘coolest’ new science

Arch raises another $3B biotech fund in pursuit of ‘coolest’ new science

    26 Sep 2024

Arch Venture Partners, a prominent creator of biotechnology startups, has raised more than $3...

BioAge prices $198M IPO, validating pivot to obesity drug research

BioAge prices $198M IPO, validating pivot to obesity drug research

    26 Sep 2024

BioAge Labs has raised $198 million in an initial public offering, the company announced...

Novo CEO pressed by Senate to cut prices of obesity, diabetes drugs

Novo CEO pressed by Senate to cut prices of obesity, diabetes drugs

    25 Sep 2024

Novo Nordisk’s top executive vowed to reopen price negotiations with insurers covering the company’s...

Biogen, UCB get the lupus data they’ve waited two decades for

Biogen, UCB get the lupus data they’ve waited two decades for

    24 Sep 2024

After more than two decades of work, partners Biogen and UCB say they finally...

AstraZeneca, Daiichi’s Enhertu successor faces more questions after latest stumble

AstraZeneca, Daiichi’s Enhertu successor faces more questions after latest stumble

    24 Sep 2024

Dive Brief: An experimental medicine from AstraZeneca and Daiichi Sankyo failed to help people...

The golden era of GLP-1 drugs: Where we are and what comes next

The golden era of GLP-1 drugs: Where we are and what comes next

    23 Sep 2024

Glucagon-like peptide 1 (GLP-1) receptor agonists (RAs) are entero-pancreatic hormone-based treatments first approved in...

Startup from George Church’s lab raises $75M to develop ‘supercell’ medicines

Startup from George Church’s lab raises $75M to develop ‘supercell’ medicines

    23 Sep 2024

A new company born out of research done by top Harvard genetic scientist George...

23andMe’s independent board directors resign

23andMe’s independent board directors resign

    22 Sep 2024

Dive Brief: 23andMe’s independent board directors resigned on Tuesday amid uncertainty about the DNA...

Apellis eye drug again turned back in Europe

Apellis eye drug again turned back in Europe

    22 Sep 2024

European drug regulators have officially turned back a first-of-its-kind eye drug from Apellis Pharmaceuticals...

Novo sinks on obesity drug results; Sanofi reveals anticipated MS data

Novo sinks on obesity drug results; Sanofi reveals anticipated MS data

    21 Sep 2024

Today, a brief rundown of news from Sanofi and Novo Nordisk, as well as...

FTC sues major pharmacy benefit managers over insulin prices

FTC sues major pharmacy benefit managers over insulin prices

    21 Sep 2024

Dive Brief: The Federal Trade Commission has filed suit against the three largest pharmacy...

Roche’s Xofluza reduces flu transmission in Phase 3 study

Roche’s Xofluza reduces flu transmission in Phase 3 study

    20 Sep 2024

Dive Brief: Roche’s antiviral drug Xofluza reduced influenza transmission among household contacts in a...

4D Molecular data ‘bode well’ for eye gene therapy, but shares fall

4D Molecular data ‘bode well’ for eye gene therapy, but shares fall

    20 Sep 2024

Dive Brief: People with a common form of macular degeneration needed far fewer injections...

Roivant dermatology subsidiary to be acquired by Organon

Roivant dermatology subsidiary to be acquired by Organon

    19 Sep 2024

Dive Brief: Organon has agreed to buy Roivant’s dermatology subsidiary Dermavant for $175 million...

Novartis’ Kisqali gets expanded FDA OK; Mene Pangalos joins Omega Funds

Novartis’ Kisqali gets expanded FDA OK; Mene Pangalos joins Omega Funds

    19 Sep 2024

Today, a brief rundown of news from Novartis and GSK, as well as updates...

Ascendis trial data piles pressure on BioMarin

Ascendis trial data piles pressure on BioMarin

    18 Sep 2024

BioMarin Pharmaceutical, after months of layoffs, spending cuts and research reorganizations, has staked its...

ADC developed by Daiichi, Merck outperforms chemo in lung cancer trial

ADC developed by Daiichi, Merck outperforms chemo in lung cancer trial

    18 Sep 2024

Dive Brief: An antibody-drug conjugate developed by Daiichi Sankyo and Merck & Co. met...

Sanofi readies to meet US demand for RSV antibody

Sanofi readies to meet US demand for RSV antibody

    17 Sep 2024

Sanofi said it’s ready to meet demand for its RSV shot Beyfortus this year,...

ESMO24: A cancer cachexia drug, VEGF enthusiasm and immunotherapy’s survival impact

ESMO24: A cancer cachexia drug, VEGF enthusiasm and immunotherapy’s survival impact

    17 Sep 2024

Over the weekend at the European Society for Medical Oncology’s annual meeting in Barcelona,...

Bridging science and humanity: How systems thinking should shape clinical trial execution

Bridging science and humanity: How systems thinking should shape clinical trial execution

    16 Sep 2024

For novel therapeutics, the path to marketing authorization is narrow and treacherous. Among promising...

Ten-year survival data show long-term benefit of immunotherapy in melanoma

Ten-year survival data show long-term benefit of immunotherapy in melanoma

    16 Sep 2024

A decade of follow-up on people with melanoma who were treated with cancer immunotherapy...

Gene therapy startup emerges with green light for first-of-its-kind trial

Gene therapy startup emerges with green light for first-of-its-kind trial

    15 Sep 2024

Vironexis Biotherapeutics emerged from stealth with plans to start what it claims will be...

TIGIT drug from iTeos shrinks lung tumors in trial

TIGIT drug from iTeos shrinks lung tumors in trial

    15 Sep 2024

Small biotechnology company iTeos Therapeutics could succeed where larger drugmakers have fallen short, should...

Subcutaneous Tecentriq gets FDA OK; Gilead shot succeeds in second HIV trial

Subcutaneous Tecentriq gets FDA OK; Gilead shot succeeds in second HIV trial

    14 Sep 2024

Today, a brief rundown of news from Roche and Gilead Sciences, as well as...

Moderna, trailing rivals, checks its RSV shot expectations

Moderna, trailing rivals, checks its RSV shot expectations

    14 Sep 2024

Months after winning approval of a new vaccine for respiratory syncytial virus, Moderna is...

Three biotechs raise $700M in rare burst of IPO activity

Three biotechs raise $700M in rare burst of IPO activity

    13 Sep 2024

Three drug startups collectively raised more than $700 million in initial public offerings Thursday,...

Fulcrum shares collapse as Sanofi-partnered muscular dystrophy drug fails key test

Fulcrum shares collapse as Sanofi-partnered muscular dystrophy drug fails key test

    13 Sep 2024

Dive Brief: An experimental drug Fulcrum Therapeutics has been testing against a type of...

F2G raises $100M to bring antifungal drug back to FDA

F2G raises $100M to bring antifungal drug back to FDA

    12 Sep 2024

U.K.-based biotechnology company F2G has raised $100 million to complete late-stage testing of a...

BridgeBio trims gene therapy budget after seeing data on adrenal gland medicine

BridgeBio trims gene therapy budget after seeing data on adrenal gland medicine

    12 Sep 2024

Dive Brief: BridgeBio Pharma plans to trim its spending on gene therapy research by...

Investors are waking up to Centessa’s sleepiness drug

Investors are waking up to Centessa’s sleepiness drug

    11 Sep 2024

Early results from a small study have convinced Centessa Pharmaceuticals to “rapidly advance” an...

Bain closes $3B biotech fund amid flurry of startup buyouts

Bain closes $3B biotech fund amid flurry of startup buyouts

    11 Sep 2024

Bain Capital Life Sciences said Tuesday it has secured about $3 billion for its...

Early study data puts Terns among obesity drug contenders

Early study data puts Terns among obesity drug contenders

    10 Sep 2024

Dive Brief: An experimental weight loss pill developed by biotechnology company Terns Pharmaceuticals helped...

Relay breast cancer drug shows potential in early trial

Relay breast cancer drug shows potential in early trial

    10 Sep 2024

Dive Brief: An experimental drug regimen for breast cancer being developed by Relay Therapeutics...

Accelerating Alzheimer’s therapy innovation: A new horizon in blood-based biomarkers

Accelerating Alzheimer’s therapy innovation: A new horizon in blood-based biomarkers

    09 Sep 2024

The relentless impact of Alzheimer’s disease (AD) on individuals, families, and societies worldwide is...

Summit lung cancer drug shows ‘striking’ benefit over Keytruda

Summit lung cancer drug shows ‘striking’ benefit over Keytruda

    09 Sep 2024

An experimental medicine from a small biotechnology company cut the risk of lung cancer...

Novartis builds out radiopharma production with expansion, new factory

Novartis builds out radiopharma production with expansion, new factory

    08 Sep 2024

Dive Brief: Novartis said Wednesday it’s expanding a manufacturing site in Indianapolis and building...

GSK antibody drug reduces COPD attacks in trial

GSK antibody drug reduces COPD attacks in trial

    08 Sep 2024

Dive Brief: GSK on Friday said its Nucala medicine succeeded in a Phase 3...

Obesity drug startup raises $67M; Vor’s ‘shielded transplant’ shows promise

Obesity drug startup raises $67M; Vor’s ‘shielded transplant’ shows promise

    07 Sep 2024

Today, a brief rundown of news from OrsoBio, as well as updates from Boehringer...

Judge orders J&J to pay Auris investors more than $1B for merger violations

Judge orders J&J to pay Auris investors more than $1B for merger violations

    07 Sep 2024

Dive Brief: A Delaware judge ruled Wednesday that Johnson & Johnson must pay Auris...

Lilly builds case for weekly insulin shot

Lilly builds case for weekly insulin shot

    06 Sep 2024

Eli Lilly on Thursday revealed new data that could help it catch rival Novo...

Lykos CEO to depart after FDA rejection, layoffs

Lykos CEO to depart after FDA rejection, layoffs

    06 Sep 2024

The CEO of Lykos Therapeutics will step down after the company’s efforts to win...

High-dose Spinraza meets study goal; Top Dyne executives exit

High-dose Spinraza meets study goal; Top Dyne executives exit

    05 Sep 2024

Today, a brief rundown of news from Biogen, as well as updates from Dyne...

BioMarin, having retrenched, outlines plans for growth

BioMarin, having retrenched, outlines plans for growth

    05 Sep 2024

BioMarin Pharmaceutical has brought eight rare disease drugs to market over the past 25...

Vaxcyte’s “best-case” data for pneumococcal vaccine boost shares

Vaxcyte’s “best-case” data for pneumococcal vaccine boost shares

    04 Sep 2024

Dive Brief: Shares in vaccine developer Vaxcyte soared by over 35% Tuesday after the...

New research could ease concerns over suicide risk of obesity drugs

New research could ease concerns over suicide risk of obesity drugs

    04 Sep 2024

Regulators in the U.S. and Europe recently determined that a popular group of drugs...

Script for success: The value of digital insights in pharma

Script for success: The value of digital insights in pharma

    03 Sep 2024

In today’s fast-paced healthcare landscape, digital intelligence has become a critical asset for pharmaceutical...

After an FDA rejection, here’s what’s next in the psychedelics pipeline

After an FDA rejection, here’s what’s next in the psychedelics pipeline

    02 Sep 2024

The psychedelic drug field hit a setback this month when the Food and Drug...

PBM executives threatened with fines for alleged perjury in House hearing

PBM executives threatened with fines for alleged perjury in House hearing

    02 Sep 2024

The chair of the powerful House Committee on Oversight and Accountability is threatening the...

Cell and gene therapy investment, once booming, is now in a slump

Cell and gene therapy investment, once booming, is now in a slump

    01 Sep 2024

Investment in developers of cell and gene therapies has nosedived this year, a sharp...

J&J submits touted autoimmune disease drug for FDA approval

J&J submits touted autoimmune disease drug for FDA approval

    01 Sep 2024

Johnson & Johnson is asking the Food and Drug Administration to approve a new...

Full study data back Alnylam heart drug’s benefit, but leave doctors with tough choices

Full study data back Alnylam heart drug’s benefit, but leave doctors with tough choices

    31 Aug 2024

Two months ago, Alnylam Pharmaceuticals revealed that a medicine it’s been developing for people...

Novo builds heart failure case for semaglutide; Ventyx CFO departs

Novo builds heart failure case for semaglutide; Ventyx CFO departs

    31 Aug 2024

Today, a brief rundown of news from Novo Nordisk and Ventyx Biosciences, as well...

Keytruda fails lung and skin cancer trials, limiting further expansion

Keytruda fails lung and skin cancer trials, limiting further expansion

    30 Aug 2024

Dive Brief: Merck & Co.’s drug Keytruda failed to help people with cancer in...

BioMarin to lay off over 200 employees

BioMarin to lay off over 200 employees

    30 Aug 2024

Amid a major corporate shakeout, BioMarin Pharmaceutical intends to lay off over 200 staff,...

Bayer partners with RNA drugmaker to develop new cancer therapies

Bayer partners with RNA drugmaker to develop new cancer therapies

    29 Aug 2024

Bayer and biotechnology company NextRNA Therapeutics on Wednesday said they have partnered to develop...

Neurocrine’s mixed schizophrenia data disappoint Wall Street

Neurocrine’s mixed schizophrenia data disappoint Wall Street

    29 Aug 2024

Neurocrine Biosciences on Wednesday reported results from a schizophrenia drug study that, despite one...

Lilly rolls out Zepbound vials at a discount price

Lilly rolls out Zepbound vials at a discount price

    28 Aug 2024

Dive Brief: Eli Lilly is now distributing a single-dose vial form of its popular...

Pfizer launches DTC service for migraine, COVID drugs

Pfizer launches DTC service for migraine, COVID drugs

    28 Aug 2024

Pfizer on Tuesday launched a direct-to-consumer service it claims will help people schedule telehealth...

Tome Biosciences to lay off over 100 employees

Tome Biosciences to lay off over 100 employees

    27 Aug 2024

Genetic medicines startup Tome Biosciences is letting go of much of its staff after...

Regeneron gains European approval for bispecific lymphoma drug

Regeneron gains European approval for bispecific lymphoma drug

    27 Aug 2024

Dive Brief: The European Commission has authorized Regeneron’s dual-acting drug odronextamab to treat two...

BioMarin taps Amgen, Roche vets in executive reshuffle

BioMarin taps Amgen, Roche vets in executive reshuffle

    26 Aug 2024

Listen to the article 4 min This audio is auto-generated. Please let us know...

Versant reimagines its Chinook success with newest startup launch

Versant reimagines its Chinook success with newest startup launch

    26 Aug 2024

Chinook Therapeutics ranks among Versant Ventures’ most successful biotechnology bets. The kidney disease drug...

UK approves Leqembi, but reimbursement may not follow

UK approves Leqembi, but reimbursement may not follow

    25 Aug 2024

Leqembi’s benefits are “too small to justify the significant cost to the NHS,” said...

FDA defends med device chief’s tenure after report raises ethics concerns

FDA defends med device chief’s tenure after report raises ethics concerns

    25 Aug 2024

The Food and Drug Administration is defending the record of Jeff Shuren, former director...

FDA to convene immunotherapy panel; Tome scales back operations

FDA to convene immunotherapy panel; Tome scales back operations

    24 Aug 2024

Listen to the article 4 min This audio is auto-generated. Please let us know...

Two antibody startups file for IPOs amid summer slump

Two antibody startups file for IPOs amid summer slump

    24 Aug 2024

Dive Brief: A pair of U.S. biotechnology companies on Thursday filed plans for initial...

Updated COVID shots from Pfizer, Moderna cleared by FDA

Updated COVID shots from Pfizer, Moderna cleared by FDA

    23 Aug 2024

Dive Brief: The Food and Drug Administration on Thursday cleared new versions of Pfizer’s...

BridgeBio sends rare disease drugs to new company

BridgeBio sends rare disease drugs to new company

    22 Aug 2024

BridgeBio Pharma has transferred several preclinical and early clinical-stage drugs to a new company,...

Regeneron confirms FDA won’t approve myeloma drug over manufacturing issues

Regeneron confirms FDA won’t approve myeloma drug over manufacturing issues

    22 Aug 2024

Dive Brief: After warning investors earlier this month of a possible delay, Regeneron Pharmaceuticals...

Avidity, Kymera raise fresh funds; Walgreens partners with BARDA

Avidity, Kymera raise fresh funds; Walgreens partners with BARDA

    21 Aug 2024

Today, a brief rundown of stock sales by Avidity Biosciences and Kymera Therapeutics, as...

J&J drug combo for lung cancer approved by FDA

J&J drug combo for lung cancer approved by FDA

    21 Aug 2024

Dive Brief: The Food and Drug Administration has approved a new combination drug regimen...

Novo plans new plant as it races to meet drug demand

Novo plans new plant as it races to meet drug demand

    20 Aug 2024

A subsidiary of Danish drugmaker Novo Nordisk is investing 1.5 billion Danish kroner, or...

FDA lifts partial hold on study of BioNTech-partnered ADC

FDA lifts partial hold on study of BioNTech-partnered ADC

    20 Aug 2024

BioNTech partner MediLink Therapeutics can resume enrollment of a Phase 1 clinical trial testing...

Medicare reveals results of drug price negotiations

Medicare reveals results of drug price negotiations

    19 Aug 2024

The U.S. government on Thursday said it stands to save taxpayers $6 billion on...

FDA clears Gilead drug acquired in $4.3B buyout

FDA clears Gilead drug acquired in $4.3B buyout

    18 Aug 2024

Dive Brief: Gilead Sciences has won Food and Drug Administration approval to sell Livdelzi,...

Medicare drug price cuts could have limited early impact, but grow with time

Medicare drug price cuts could have limited early impact, but grow with time

    18 Aug 2024

The Biden administration struck a triumphant tone on Thursday in rolling out the first...

Zealand, Arrowhead advance obesity drugs; Bluebird narrows guidance

Zealand, Arrowhead advance obesity drugs; Bluebird narrows guidance

    17 Aug 2024

Today, a brief rundown of news from Zealand Pharma and Bluebird Bio, as well...

Pfizer, BioNTech stumble in effort to develop combination flu, COVID shot

Pfizer, BioNTech stumble in effort to develop combination flu, COVID shot

    17 Aug 2024

Dive Brief: Pfizer and BioNTech on Friday said a combination flu and COVID-19 shot...

Lykos to cut 75% of staff after FDA rejection of MDMA-based therapy

Lykos to cut 75% of staff after FDA rejection of MDMA-based therapy

    16 Aug 2024

Lykos Therapeutics plans to lay off about 75% of its staff as part of...

Incyte builds out its arsenal of post-transplant drugs

Incyte builds out its arsenal of post-transplant drugs

    16 Aug 2024

The Food and Drug Administration has approved another medicine for a rare condition that...

Evotec, citing research spending slowdown, cuts jobs and exits gene therapy

Evotec, citing research spending slowdown, cuts jobs and exits gene therapy

    15 Aug 2024

Dive Brief: Evotec, a German drug discovery and contract development and manufacturing company, is...

Grail to shed 350 workers in restructuring

Grail to shed 350 workers in restructuring

    15 Aug 2024

Dive Brief: Grail said it will lay off about 350 employees in a restructuring...

Acelyrin shifts from main drug, lays off staff

Acelyrin shifts from main drug, lays off staff

    14 Aug 2024

Dive Brief: Acelyrin, the biotechnology company behind the sector’s largest initial public offering last...

Galderma wins FDA approval for skin condition treatment

Galderma wins FDA approval for skin condition treatment

    14 Aug 2024

Dive Brief: Galderma on Tuesday said the Food and Drug Administration has approved its...

Pfizer builds case for RSV shot with data from immunocompromised adults

Pfizer builds case for RSV shot with data from immunocompromised adults

    13 Aug 2024

Dive Brief: Pfizer on Monday said its RSV vaccine Abrysvo led to strong immune...

Following FDA rejection, a journal retracts papers on MDMA-assisted therapy

Following FDA rejection, a journal retracts papers on MDMA-assisted therapy

    13 Aug 2024

A day after the Food and Drug Administration rejected MDMA as a therapy aid...

Lilly boosts outlook on rising Zepbound revenue

Lilly boosts outlook on rising Zepbound revenue

    12 Aug 2024

Dive Brief: Eli Lilly on Tuesday raised its revenue forecast for the year by...

Recursion to absorb Exscientia in ‘techbio’ deal

Recursion to absorb Exscientia in ‘techbio’ deal

    12 Aug 2024

Dive Brief: Recursion and Exscientia, two artificial intelligence firms, on Thursday announced that they...

Zepbound shortages ease, but Lilly cautions pharmacy availability may remain ‘choppy’

Zepbound shortages ease, but Lilly cautions pharmacy availability may remain ‘choppy’

    11 Aug 2024

Eli Lilly is making progress resolving the supply strains that for months have made...

With pharma in ‘catbird seat,’ biotechs get less upfront in drug partnerships

With pharma in ‘catbird seat,’ biotechs get less upfront in drug partnerships

    11 Aug 2024

The recent downturn in the biotechnology sector affected startups in many ways, from the...

In tone-setting verdict, FDA rejects MDMA as a therapy aid for PTSD

In tone-setting verdict, FDA rejects MDMA as a therapy aid for PTSD

    10 Aug 2024

The Food and Drug Administration has rejected a bid to get MDMA approved as...

Merck bets $700M on an antibody drug’s potential in immune diseases

Merck bets $700M on an antibody drug’s potential in immune diseases

    09 Aug 2024

Merck & Co. on Friday acquired an experimental drug designed to wipe out the...

Merck TIGIT drug fails another trial; Intellia therapy succeeds in HAE study

Merck TIGIT drug fails another trial; Intellia therapy succeeds in HAE study

    09 Aug 2024

Today, a brief rundown of news from Merck & Co. and Cabaletta Bio, as...

Apellis plans FDA filing after drug success in kidney trial

Apellis plans FDA filing after drug success in kidney trial

    08 Aug 2024

Dive Brief: Treatment with an Apellis Pharmaceuticals drug appeared to benefit people with one...

Novo shares tumble on lower-than-expected obesity drug sales

Novo shares tumble on lower-than-expected obesity drug sales

    08 Aug 2024

Dive Brief: Novo Nordisk shares tumbled 7% in early trading Wednesday after the company...

Amgen talks obesity drug ‘differentiation’; Servier brain cancer drug approved by FDA

Amgen talks obesity drug ‘differentiation’; Servier brain cancer drug approved by FDA

    07 Aug 2024

Today, a brief rundown of news from Amgen and Servier, as well as updates...

Biotech entrepreneur Arie Belldegrun launches new ‘science-first’ credit firm

Biotech entrepreneur Arie Belldegrun launches new ‘science-first’ credit firm

    07 Aug 2024

Dive Brief: Arie Belldegrun, the founder of Allogene Therapeutics and Kite Pharma, unveiled a...

Roche licenses Sangamo’s technology for another shot at Alzheimer’s drugs

Roche licenses Sangamo’s technology for another shot at Alzheimer’s drugs

    06 Aug 2024

Despite decades of research and many millions of dollars invested, Roche still has yet...

Bristol Myers sends TIGIT drug back to Agenus

Bristol Myers sends TIGIT drug back to Agenus

    06 Aug 2024

Bristol Myers Squibb has returned an experimental cancer immunotherapy to Agenus, ending an alliance...

Zepbound, Mounjaro back in supply as Lilly resolves shortage

Zepbound, Mounjaro back in supply as Lilly resolves shortage

    05 Aug 2024

Dive Brief: All doses of tirzepatide, the drug Eli Lilly sells as Zepbound for...

Cigna CEO promises ‘aggressive’ defense of pharmacy benefit managers

Cigna CEO promises ‘aggressive’ defense of pharmacy benefit managers

    05 Aug 2024

Dive Brief: Cigna’s chief executive is pledging to be more aggressive in defending its...

Moderna shares fall amid lower sales outlook for RSV, COVID shots

Moderna shares fall amid lower sales outlook for RSV, COVID shots

    04 Aug 2024

Shares of Moderna fell nearly 20% on Thursday after the company lowered its 2024...

Lilly obesity drug shows heart benefit in late-stage trial

Lilly obesity drug shows heart benefit in late-stage trial

    04 Aug 2024

Eli Lilly’s tirzepatide, the in-demand drug sold as Zepbound for weight loss, has for...

Jim Wilson, prominent gene therapy researcher, to depart UPenn

Jim Wilson, prominent gene therapy researcher, to depart UPenn

    03 Aug 2024

Prominent gene therapy researcher Jim Wilson will depart the University of Pennsylvania, where he...

Vir retreats from infectious disease; Vertex shelves AATD drugs

Vir retreats from infectious disease; Vertex shelves AATD drugs

    03 Aug 2024

Today, a brief rundown of news from Vir Biotechnology and Vertex Pharmaceuticals, as well...

First-of-its-kind cell therapy approved by FDA for rare soft tissue cancer

First-of-its-kind cell therapy approved by FDA for rare soft tissue cancer

    02 Aug 2024

The Food and Drug Administration on Thursday approved a new type of cellular medicine,...

UniQure restructuring to claim 300 jobs

UniQure restructuring to claim 300 jobs

    02 Aug 2024

Dive Brief: Gene therapy developer UniQure will shrink its workforce by 65%, cutting 300...

As sales climb, Biogen ‘convinced’ the worst is over for Leqembi

As sales climb, Biogen ‘convinced’ the worst is over for Leqembi

    01 Aug 2024

After a slow start, the launch of Biogen’s prized drug for Alzheimer’s disease is...

GSK cuts vaccine forecasts, while predicting faster overall growth

GSK cuts vaccine forecasts, while predicting faster overall growth

    01 Aug 2024

Dive Brief: GSK on Wednesday lowered its forecast for vaccine sales this year, citing...

Vertex’s pain drug gets speedy FDA review; Keytruda hits a sales milestone

Vertex’s pain drug gets speedy FDA review; Keytruda hits a sales milestone

    31 Jul 2024

Today, a brief rundown of news from Vertex Pharmaceuticals and Merck & Co. as...

Pfizer’s Bourla confident in company’s obesity drug position, despite delays

Pfizer’s Bourla confident in company’s obesity drug position, despite delays

    31 Jul 2024

Pfizer missed its first chance at following Novo Nordisk and Eli Lilly into the...

Incyte trims cancer drug pipeline in R&D refocus

Incyte trims cancer drug pipeline in R&D refocus

    30 Jul 2024

Dive Brief: Incyte is cutting down its pipeline of experimental cancer drugs, announcing Tuesday...

How a Mubadala partner views investing in biotech’s new normal

How a Mubadala partner views investing in biotech’s new normal

    30 Jul 2024

After a dramatic post-pandemic downturn, a sense of stabilization has returned to biotech, and...

NewAmsterdam heart drug hits trial goal, but data disappoint investors

NewAmsterdam heart drug hits trial goal, but data disappoint investors

    29 Jul 2024

Dive Brief: An experimental heart drug from biotechnology company NewAmsterdam Pharma met its main...

Viking shares jump on plans to speed obesity drug into late-stage testing

Viking shares jump on plans to speed obesity drug into late-stage testing

    29 Jul 2024

Viking Therapeutics shares soared by more than 30% early Thursday after the company told...

Warren, Democratic lawmakers introduce bill to resurrect Chevron doctrine

Warren, Democratic lawmakers introduce bill to resurrect Chevron doctrine

    28 Jul 2024

Dive Brief: Sen. Elizabeth Warren, D-Mass., introduced legislation that would reverse the Supreme Court’s...

Leqembi voted down by European regulators

Leqembi voted down by European regulators

    28 Jul 2024

A key regulatory committee that influences whether new drugs enter the European market has...

Two biotechs cut staff; AbbVie weathers biosimilar threat

Two biotechs cut staff; AbbVie weathers biosimilar threat

    27 Jul 2024

Today, a brief rundown of news from AbbVie and AstraZeneca as well as updates...

Bristol Myers’ beat completes strong week of pharma earnings

Bristol Myers’ beat completes strong week of pharma earnings

    27 Jul 2024

Bristol Myers Squibb on Friday raised its forecast for revenue and profit per share...

Sanofi’s immunology bet starts to pay off

Sanofi’s immunology bet starts to pay off

    26 Jul 2024

Shares of French pharmaceutical giant Sanofi ticked up Thursday morning with the release of...

Roche says it’ll move quickly with ‘differentiated’ obesity drugs

Roche says it’ll move quickly with ‘differentiated’ obesity drugs

    26 Jul 2024

Roche is best known for the cancer drugs that still account for much of...

Pfizer says hemophilia gene therapy meets late-stage study goal

Pfizer says hemophilia gene therapy meets late-stage study goal

    25 Jul 2024

Dive Brief: An experimental gene therapy from Pfizer succeeded in a Phase 3 study...

Biogen, Sage tremor drug fails key trial

Biogen, Sage tremor drug fails key trial

    25 Jul 2024

In 2020, Biogen wagered more than $1 billion on two experimental drugs developed in...

Startup led by former J&J executives raises $165M for cancer, immune disease drugs

Startup led by former J&J executives raises $165M for cancer, immune disease drugs

    24 Jul 2024

Dive Brief: A two-year-old biotechnology startup led by former Johnson & Johnson executives has...

Merck claims late-stage study success for RSV antibody

Merck claims late-stage study success for RSV antibody

    24 Jul 2024

Dive Brief: An experimental Merck & Co. drug designed to protect infants from illness...

Ionis plots next steps for Angelman drug Biogen passed on

Ionis plots next steps for Angelman drug Biogen passed on

    23 Jul 2024

Ionis Pharmaceuticals plans to push one of its rare disease drugs into late-stage testing...

US government declines to clear Bluebird fertility support for Zynteglo patients

US government declines to clear Bluebird fertility support for Zynteglo patients

    23 Jul 2024

The U.S. government will not give Bluebird bio a green light to offer fertility...

Breakthroughs in immunotherapy: glycoproteins as predictive biomarkers for therapeutic response

Breakthroughs in immunotherapy: glycoproteins as predictive biomarkers for therapeutic response

    22 Jul 2024

Recent advancements in immune checkpoint inhibitors (ICIs) targeting PD-1 or CTLA4 have shown significant...

Gilead’s CMO to depart next year

Gilead’s CMO to depart next year

    22 Jul 2024

Dive Brief: Gilead chief medical officer Merdad Parsey will step down from his role...

Caribou lays off staff; Roche walks away from Relay

Caribou lays off staff; Roche walks away from Relay

    21 Jul 2024

Today, a brief rundown of news from Caribou Sciences and Relay Therapeutics as well...

Obesity pill from Roche shows promising weight loss in small study

Obesity pill from Roche shows promising weight loss in small study

    21 Jul 2024

Dive Brief: A closely watched obesity pill being developed by Roche helped people in...

Lilly alone in bidding for Morphic; Novartis won’t yet file MorphoSys drug

Lilly alone in bidding for Morphic; Novartis won’t yet file MorphoSys drug

    20 Jul 2024

Today, a brief rundown of news from Morphic Holding as well as updates from...

Global tech outage hits US hospitals

Global tech outage hits US hospitals

    20 Jul 2024

Cybersecurity firm CrowdStrike triggered a massive IT outage on Friday, disrupting businesses, including healthcare, after issuing...

Boehringer cuts price of Humira biosimilar in bid to build use

Boehringer cuts price of Humira biosimilar in bid to build use

    19 Jul 2024

Boehringer Ingelheim will sell an unbranded version of its Humira biosimilar at a 92%...

Artiva prices $167M IPO, riding optimism for autoimmune cell therapy

Artiva prices $167M IPO, riding optimism for autoimmune cell therapy

    19 Jul 2024

Dive Brief: Artiva Biotherapeutics on Thursday raised $167 million in an initial public offering centered...

In strengthening Spravato sales, a positive sign for psychedelic drugs

In strengthening Spravato sales, a positive sign for psychedelic drugs

    18 Jul 2024

Dive Brief: Sales of Johnson & Johnson’s depression drug Spravato accelerated in the second...

Medical device firms have cut more than 14,000 jobs in the past 18 months

Medical device firms have cut more than 14,000 jobs in the past 18 months

    18 Jul 2024

Medical device companies have been steadily cutting jobs for the past 18 months, eliminating...

NGM, now private, raises $122M for redrawn research plans

NGM, now private, raises $122M for redrawn research plans

    17 Jul 2024

Dive Brief: NGM Biopharmaceuticals, which was taken private earlier this year, has raised $122...

Cardurion raises another $260M to fuel heart drug pipeline

Cardurion raises another $260M to fuel heart drug pipeline

    17 Jul 2024

Dive Brief: Biotechnology startup Cardurion Pharmaceuticals on Tuesday raised a $260 million Series B...

Asceneuron raises another $100M for Alzheimer’s drug development

Asceneuron raises another $100M for Alzheimer’s drug development

    16 Jul 2024

Asceneuron, a Switzerland-based biotechnology company, has raised another $100 million to support its work...

Revolution Medicines firms up Phase 3 trial plans with latest cancer drug data

Revolution Medicines firms up Phase 3 trial plans with latest cancer drug data

    16 Jul 2024

Dive Brief: An experimental cancer drug developed by Revolution Medicines shrank pancreatic tumors in...

As GLP-1 drugs boom, other healthcare companies are cashing in

As GLP-1 drugs boom, other healthcare companies are cashing in

    15 Jul 2024

The popularity of new GLP-1 drugs for weight loss is giving rise to a...

Flagship raises $3.6B for biotech investing

Flagship raises $3.6B for biotech investing

    14 Jul 2024

Dive Brief: Flagship Pioneering said Wednesday that it’s added another $3.6 billion to its...

FDA’s lab-developed test rule could be first test of agency’s power post-Chevron

FDA’s lab-developed test rule could be first test of agency’s power post-Chevron

    14 Jul 2024

The recent U.S. Supreme Court decision to overturn the Chevron doctrine could open the...

Bristol Myers’ leukemia blockbuster set to face generic rivals

Bristol Myers’ leukemia blockbuster set to face generic rivals

    13 Jul 2024

Pharmaceutical companies face a looming patent cliff over the next several years, as generic...

Leqembi sales inch higher; Spark’s pivot leads to layoffs

Leqembi sales inch higher; Spark’s pivot leads to layoffs

    13 Jul 2024

Today, a brief rundown of news from Eisai, Spark Therapeutics and Ipsen as well...

Novo’s once-weekly insulin rejected by FDA

Novo’s once-weekly insulin rejected by FDA

    12 Jul 2024

Dive Brief: The Food and Drug Administration rejected Novo Nordisk’s application to sell a...

Pfizer thinks it found its obesity pill

Pfizer thinks it found its obesity pill

    12 Jul 2024

With tens of billions of dollars at stake, some of the world’s largest drug...

AbbVie names new R&D head; Arcutis eczema cream approved

AbbVie names new R&D head; Arcutis eczema cream approved

    11 Jul 2024

Today, a brief rundown of news from AbbVie and Skyhawk Therapeutics, as well as...

FTC to sue three largest PBMs over drug price practices: WSJ

FTC to sue three largest PBMs over drug price practices: WSJ

    11 Jul 2024

Dive Brief: The Federal Trade Commission is preparing to sue the three largest pharmacy...