Bristol Myers provides Bridge over troubled water with $905M deal to enter SHP2 race Former Immunomedics CFO Usama Malik indicted for insider trading, pledging to dispute 'false and speculative narrative' at trial Caribou ready to uncork the chardonnay thanks to first-in-human CAR-T results Bristol Myers on track for 3rd new drug launch of 2022 with latest deucravacitinib data Taiho claws back some licensing rights to lung cancer med from Cullinan in atypical, frontloaded deal After 20 years, Boehringer vet hits the exit to become CEO at autoimmune biotech SciRhom Abbott, Women as One set up diversity-focused training program FTC orders Medtronic to sell off Intersect ENT subsidiary in antitrust review Seagen CEO’s arrest came during a hazy night of booze, sex and violence: police report Hospitals' per patient labor spend increased 37% from 2019 to Q1 2022 Merck KGaA warns of volatile 2022 thanks to war in Ukraine and fresh COVID lockdowns in China Aurobindo Pharma slapped with Form 483 as FDA inspectors cite 6 findings Featured Story | By Nick Paul Taylor Bristol Myers Squibb came to the rescue of a beleaguered BridgeBio today, striking a $905 million biobuck deal to secure a rival to oncology candidates in development at Merck, Novartis, Roche, Sanofi and more. read more |
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Top Stories By Gabrielle Masson Usama Malik—former CFO at Immunomedics and, more recently, CEO of Fore Biotherapeutics—has been formally indicted for insider trading, securities fraud and securities fraud conspiracy after allegedly sharing insider information with his then-girlfriend. read more By Annalee Armstrong At Caribou Biosciences’ upcoming 10th birthday party celebration, the chardonnay will be flowing. That’s because the biotech is uncorking first-in-human data for its CAR-T cell therapy that CEO Rachel Haurwitz believes are better than the three approved lymphoma treatments in the class. read more By Gabrielle Masson Bristol Myers Squibb just released new two-year deucravacitinib data showing lasting efficacy and safety for patients with moderate to severe plaque psoriasis. The company anticipates launching the drug in September, when it would go up against Amgen’s Otezla. read more By Max Bayer Taiho is coughing up nearly $250 million in upfront cash to claw back some licensing rights of its licensing med originally handed off to Cullinan Oncology three years ago. The extension of the two companies' collaboration comes as the lung cancer med at the center of the dealmaking nears a pivotal phase 2 trial. read more By Nick Paul Taylor Jan Poth has ended a near-20-year stint at Boehringer Ingelheim to take up a CEO position in biotech. SciRhom has hired the Boehringer veteran to replace its co-founder, giving the Munich-based company a deep well of experience to draw on as it advances a pipeline of autoimmune candidates. read more By Gareth Macdonald Involving a broader cross section of physicians in trials would aid efforts to recruit people from underrepresented groups, say Abbott and Women as One, which have launched a training program with this in mind. read more By Andrea Park The U.S. Federal Trade Commission has ordered Medtronic and Intersect ENT to adjust the terms of their $1.1 billion acquisition deal before finally tying it off. read more By Kevin Dunleavy A police report of the domestic abuse arrest of Seagen CEO Clay Siegall, Ph.D., describes a drunken night involving him, his wife and another couple and includes sexual escapades and violence that led Siegall to be taken to jail. read more By Dave Muoio Median hourly wages for contract nurses rose a whopping 106% from 2019 to 2022 ($64 in 2019 compared to $132 in 2022), while wages for employed nurses increased 11% over the same period ($35 in 2019 compared to $39 in 2022). read more By Fraiser Kansteiner Economic and geopolitical circumstances—namely a renewed COVID-19 outbreak in China and Russia’s continued aggression in Ukraine—have put a squeeze on global supply chains and prompted a spike in operational costs, Merck KGaA said. read more By Zoey Becker Aurobindo Pharma's Hyderabad manufacturing facility was issued a Form 483 from the FDA after the agency found six observations during a recent inspection. read more Resources Sponsored by: Catalent In this executive summary, we describe the benefits of controlled release, look at how to determine whether a drug is suitable for controlled release, review the application of PBPK modelling in controlled release formulation development and discuss how modified release products can be developed to deliver optimal patient outcomes. 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