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Sun Pharma to acquire Checkpoint Therapeutics and its anti-PD-L1 antibody

After months of searching for a partner for its recently approved cancer drug, Checkpoint Therapeutics has instead secured a buyer. India's Sun Pharma is acquiring the immuno-oncology biotech for $4.10...

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Novo Nordisk’s CagriSema shows 15.7% weight loss in second pivotal trial

Novo Nordisk’s CagriSema demonstrated weight loss of 15.7% in patients with both obesity and type 2 diabetes who took the drug for more than a year, the company said Monday. ...

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Arrowhead reveals small batch of open-label data for 'non-core' kidney drug

Arrowhead Pharmaceuticals on Monday shared new open-label data in about a dozen patients for a program designed to improve certain kidney disease outcomes by targeting complement pathways. The program,...

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Trevi Therapeutics stock soars on Phase 2a chronic cough data

Trevi Therapeutics’ chronic cough drug reduced patients’ 24-hour cough frequency by 57% compared to placebo in a Phase 2a trial, exceeding investors’ expectations. The company’s stock {$TRVI} soared...

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J&J, Protagonist outline first IBD win for potential immunological blockbuster

Johnson & Johnson and Protagonist Therapeutics have bet their oral IL-23 drug will be an immunology blockbuster, and they are now one step closer to that goal. The companies said Monday that the...

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Mired in low expectations, Novo braces for upcoming CagriSema head-to-head trial

Novo Nordisk’s late-stage weight loss data showed CagriSema performed below analysts’ expectations. It's the second late-stage clinical letdown for the candidate, and the findings mean it is more vital...

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FDA blocks drug and device reviewers from taking HHS' buyout offer

The FDA told staff on Monday that reviewers of medical products and inspectors of manufacturing facilities cannot take the buyout offer circulated on Friday from HHS that would've provided as much as...

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#AAD25 roundup: Data from Amgen, Bristol Myers, J&J, Alumis and more

At this year’s American Academy of Dermatology annual meeting, companies like Amgen, Bristol Myers Squibb and Alumis took the stage to report the latest on their dermatology candidates. Here are the...

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Beam shares promising first clinical data on gene editing treatment

Beam Therapeutics said its experimental gene editing treatment helped lower levels of mutant proteins and increase levels of corrected proteins in nine people with a lung disease called alpha-1...

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Emergent sells once-troubled Baltimore site to Syngene

Emergent BioSolutions is selling a manufacturing site in Baltimore — which has a history of contaminated Covid-19 vaccines — for $36.5 million to India-headquartered CDMO Syngene. This purchase marks...

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Federal judge denies preliminary injunction in tirzepatide compounding case

Compounding pharmacies faced a major setback in their case over the FDA’s decision to remove the obesity drug tirzepatide from its official shortage list. The US District Court for the Northern...

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BioNTech's shares dip after posting lukewarm revenue guidance

BioNTech has forecast lackluster sales for 2025 despite ending last year on a relatively strong note, causing the drugmaker’s shares to slide about 2% on Monday. The Covid-19 vaccine maker said it...

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New Flagship startup aims to trailblaze ‘AI science factories’

A new Flagship Pioneering startup has emerged with $200 million and a team of experts in both science and AI to pursue what it calls “scientific superintelligence.” Lila Sciences, announced by ...

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Virtual physical therapy startup Hinge Health files to go public

Virtual physical therapy startup Hinge Health on Monday filed to go public, snapping a dry spell of digital health IPOs. Hinge treats musculoskeletal injuries and chronic pain remotely using software....

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Bristol Myers buys out cell therapy partner 2seventy bio

Bristol Myers Squibb will acquire its CAR-T cell therapy collaborator 2seventy bio for $286 million in cash, the companies said late Monday evening. Bristol Myers and 2seventy have been longtime...

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Arvinas and Pfizer’s PROTAC vepdegestrant works in subset of breast cancer...

Arvinas and Pfizer’s targeted protein degrader has not managed to distinguish itself from other, similar breast cancer drugs, according to pivotal data released Tuesday. Results of the Phase 3...

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Define Ventures hires former Aetion CEO Carolyn Magill

Former Aetion CEO Carolyn Magill has joined digital health venture firm Define Ventures as a venture partner. It’s the third big hire for Define over the past year, after also bringing on industry...

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Corrected: Merck opens billion-dollar US facility to make Gardasil

Merck has opened a new manufacturing plant in Durham, NC which will make HPV vaccines, including its quadrivalent vaccine Gardasil and nine-valent vaccine Gardasil 9. The opening of the factory comes...

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Endo sells international business for $84M

Endo is selling its international pharmaceuticals business to Knight Therapeutics, a Montreal-based specialty pharma company. Endo will get $84 million upfront and could make another $15 million if...

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Mineralys aims to raise $250M; Coherus discloses layoffs

Plus, news about BioNTech, Roche, Boehringer Ingelheim, CervoMed, Genmab, Inozyme Pharma, Valo Therapeutics and Agomab: Mineralys Therapeutics’ $250M follow-on offering: Stellar Phase 3 data for the...

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Walgreens turns on dark mode

After months of reports that Walgreens was looking to go private, the retail pharmacy giant (to some folks’ surprise) managed to pull off a deal. The $10 billion transaction with ...

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Gilead plans to skip from Phase 1 to Phase 3 with once-yearly PrEP drug

Gilead said two experimental once-a-year versions of its HIV prevention shot lenacapavir passed muster in an early-stage study with a small group of healthy participants. The drugmaker is now planning...

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Merck dodges ‘failure to warn’ claims in federal Gardasil cases

Merck convinced a federal judge to toss claims alleging that it failed to properly warn patients of potential risks related to its Gardasil HPV vaccine. District Judge Kenneth Bell in North Carolina...

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FDA review departments largely spared from Musk-led cuts

Since President Trump took office, Elon Musk's Department of Government Efficiency has laid off thousands of government workers through broad, sudden cuts — some later reversed — that have thrown the...

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