BMS CEO blasts Trump tariffs amid $40B US investment

Today’s Big News

May 6, 2025

FDA commissioner Marty Makary taps Vinay Prasad to head up CBER


Vertex pauses Moderna-partnered cystic fibrosis trial, takes $379M hit tied to separate program


‘Now is not the time to retreat’: BMS CEO blasts Trump admin tariffs, health reforms amid $40B US investment pledge


Abbott’s rapid blood-based concussion test is off to the races


250 more NIH workers laid off, including cuts at the National Cancer Institute


Eli Lilly licenses early-stage ALS program from Alchemab in $415M pact


Trump signs executive order to boost US drug manufacturing amid threat of tariffs

 

Featured

FDA commissioner Marty Makary taps Vinay Prasad to head up CBER

In the wake of the high-profile departure of Peter Marks, M.D., Ph.D., the FDA has a new leader for its Center for Biologics Evaluation and Research.
 

Top Stories

Vertex pauses Moderna-partnered cystic fibrosis trial, takes $379M hit tied to separate program

Vertex Pharmaceuticals is pressing pause on a phase 1/2 cystic fibrosis trial over a tolerability issue, while reporting a separate impairment charge of $379 million tied to an earlier discontinuation.

'Now is not the time to retreat': BMS CEO blasts Trump admin tariffs, health reforms amid $40B US investment pledge

Bristol Myers Squibb plans to invest $40 billion across U.S. R&D, technology and manufacturing over the next five years, CEO Chris Boerner said in an op-ed published by Stat this week.

Abbott’s rapid blood-based concussion test is off to the races

Abbott’s test for mild traumatic brain injuries is making its sporting debut through the motorcycle racing series MotoAmerica, marking the first professional organization to deploy the screener at its competitions.

250 more NIH workers laid off, including cuts at the National Cancer Institute

The National Institutes of Health has laid off 250 more employees, with this round of cuts also hitting 50 workers at the National Cancer Institute.

Eli Lilly licenses early-stage ALS drug program from Alchemab in $415M pact

Just four months after Eli Lilly and British biotech Alchemab penned a discovery collaboration, the Big Pharma is licensing its first drug asset from the deal.

Trump signs executive order to boost US drug manufacturing amid threat of tariffs

In President Donald Trump’s latest push to bring pharmaceutical manufacturing to the U.S., a new executive order tasks the FDA with reducing regulatory hurdles for domestic producers while making life harder for foreign manufacturers.

Neurocrine holds on to branded tardive dyskinesia push with help from Wilson Phillips star

The “ConnectING with Carnie” campaign page, hosted within the official Ingrezza website, includes testimonials from people with TD about the ways their lives changed after speaking up about their symptoms.

FDA elevates intraocular lens recall as Bausch + Lomb identifies cause

The FDA elevated a recall of intraocular lenses currently being wrapped up by Bausch + Lomb, following increased reports of inflammatory reactions from patients who underwent cataract surgery.

Incyte, Novartis agree to settle long-running Jakafi royalty dispute just before trial

Novartis initially sued Incyte in 2020, claiming that the Jakafi maker skimped out on paying owed royalties from their 2009 license agreement.

Anti-aging biotech NewLimit raises $130M to push liver reprogramming med into clinic

Anti-aging biotech NewLimit plans to push a liver-rejuvenating mRNA medicine into the clinic with the aid of a $130 million series B fundraising round.

Havas Life opens Dubai office to serve ‘thriving’ Middle East and North Africa region

Havas Life has put down roots in the Middle East. The agency’s newest office will provide healthcare advertising and strategic communications across the Middle East and North Africa region.
 
Fierce podcasts

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ElevAAte and the push for East Asian American biopharma leaders

This week on "The Top Line," hear how the founders of ElevAAte are turning shared East Asian American experiences into collective power for the next generation of biopharma leaders.

 

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Typical vaccine development timelines have averaged 10 years, but the time from the SARS-CoV-2 genetic sequence’s release to the submission of the first vaccine clinical trial data for regulatory review was a mere 314 days. In IQVIA Laboratories’ Vaccine eBook we focus on how contract research organizations (CROs) can best leverage strategic partnerships with sponsors to prepare for the next pandemic.
 

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