Bio/Pharma Business

Merck Announces $1.35 Billion Acquisition of Imago BioSciences

November 28, 2022

Merck will purchase Imago BioSciences, a biotechnology company focused on bone marrow disorders, for approximately $1.35 billion.

Regeneron and Cytomx Announce $2 Billion Oncology Collaboration

November 22, 2022

The collaboration will see the companies develop investigational next-generation bispecific immunotherapies for cancer.

Biotech Startup Raises $5.4M to Develop AI-Designed Protein Machines and Cell Factories

November 21, 2022

Biotech startup, Cradle, has raised $5.4 million in seed funding with an AI-enabled design platform that allows for the synthetic building of cell factories to produce proteins.

Sanofi and Insilico Medicine Ink $1.2 Billion Drug Development Deal

November 16, 2022

The deal will see Sanofi use Insilico’s AI drug discovery platform to advance up to six new drug development candidates.

Indivior Acquires Opiant for $145 Million

November 16, 2022

Indivior’s acquisition of Opiant grants them access to the company’s portfolio of investigational opioid overdose reversal agent, OPNT003.

Salipro Biotech Enters into Collaboration with Sanofi

November 14, 2022

Salipro Biotech has entered into a collaboration and license agreement with Sanofi to advance discovery programs.

Gerresheimer and Nelson Labs NV Announce E&L Partnership

November 02, 2022

Gerresheimer and Nelson Labs will work together to conduct extractables and leachables testing on upcoming primary packaging solutions.

Merck and Veeva Ink 10-Year Partnership Agreement

November 02, 2022

Under this deal, Merck, known as MSD outside of the United States and Canada, will select Veeva products for industry-specific software and data.

J&J to Acquire Abiomed for $16.6 Billion

November 02, 2022

Johnson & Johnson’s acquisition of Abiomed, a provider of heart pump technologies, is designed to bolster their position in the medical technology sector.

Are Obesity Drugs the Next Blockbusters?

November 02, 2022

New medications show exciting outcomes for weight loss.