Business News

mRNA Global Alliance Tests the Waters at BIO

June 12, 2023

World leaders have set ambitious goals to respond more swiftly to the next pandemic, including the US goal to design, test, and review a new vaccine just 100 days after a pandemic declaration.

Biosimilar CDMO Capacity Increased in Samsung Biologics – Pfizer’s New Arrangement

June 08, 2023

The collaboration between Samsung Biologics and Pfizer will focus on long-term biosimilars manufacturing.

Merck Files Lawsuit Against US Government

June 08, 2023

The complaint alleges that Medicaid price controls implemented in the Inflation Reduction Act will negatively impact biopharmaceutical innovation.

Sartorius and Waters Expand Analytics Collaboration

June 08, 2023

Sartorius and Waters will collaborate to develop integrated analytical solutions for downstream biomanufacturing.

Aragen Life Sciences and FAR Biotech Enter Neurodegeneration Collaboration

May 30, 2023

Aragen and FAR Biotech will collaborate to advance a small-molecule neurodegeneration program.

Novartis Purchases Cystinosis Gene Therapy from AVROBIO

May 30, 2023

The $87.5 million purchase grants Novartis rights to an investigational gene therapy program intended for treatment of cystinosis.

Ironwood Inks $1 Billion Deal to Acquire VectivBio

May 24, 2023

Ironwood Pharmaceuticals’ acquisition of VectivBio grants it the rights to apraglutide, a glucagon-like peptide being evaluated for gastrointestinal diseases.

Astellas and Sony Enter ADC Platform Collaboration

May 17, 2023

Astellas and Sony will collaborate to discover a novel ADC platform for use in oncology.

FTC Sues to Block Amgen’s $27.8 Billion Acquisition of Horizon Therapeutics

May 16, 2023

In a brief, the Federal Trade Commission cited concerns about the acquisition resulting in an increased monopoly on Amgen’s newly acquired thyroid eye disease and chronic refractory gout treatments.

Bright Path Laboratories to Collaborate in NSF Engines Development Program

May 16, 2023

The NSF-sponsored program aims to help partners collaborate to create opportunities for significant economic, societal, and technological opportunities for growth in their regions.