Bayer has agreed to acquire San Francisco-based biotech startup Perfuse Therapeutics in a deal potentially worth $2.45 billion. This marks... Read more
Category: Uncategorized
Merck completes $5.8 billion acquisition of Terns Pharmaceuticals
Merck (known as MSD outside the U.S. and Canada) has announced the successful completion of its acquisition of Terns Pharmaceuticals.... Read more
Pfizer scuttles $2.3B Trillium investment and exits current T-cell engager modality
Pfizer has announced a major trimming of its clinical pipeline, marked by the total collapse of its $2.3 billion Trillium... Read more
Teva inks $900M Emalex buyout to expand Tourette syndrome pipeline
Teva Pharmaceuticals has proposed the acquisition of Emalex Biosciences, a move that integrates a promising pediatric Tourette syndrome therapy into... Read more
Sanofi invests $294M to scale its global AI hub in Toronto
French pharmaceutical giant Sanofi is investing $294 million to expand its global AI center of excellence in Toronto, Canada. This... Read more
Novartis to shutter German plant as part of shift toward advanced medical modalities
The Swiss pharmaceutical giant Novartis has announced plans to close its manufacturing facility in Wehr, Germany, by the end of... Read more
BioNTech to cut nearly 1,900 jobs and exit manufacturing sites in strategic shift toward oncology
German biotech firm BioNTech has announced a major pull-back in its global manufacturing footprint following a sharp decline in COVID-19... Read more
Axsome raises Auvelity’s peak sales projection to $8 billion following Alzheimer’s nod
Following the FDA's approval of Auvelity for treating agitation associated with Alzheimer's disease (ADA), Axsome Therapeutics has significantly increased its... Read more
Ho Chi Minh City integrates universal medical records into a single digital platform
The Ho Chi Minh City Department of Health has agreed on a plan to integrate all electronic health records of... Read more









