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Layoffs
Caribou Changes Course Again, Lays Off 32% of Workforce
The cell and gene therapy company is cutting 47 employees and its entire lupus program to focus resources on two CAR Ts. The move follows a reconfiguration last year to move into immunology.
April 25, 2025
·
1 min read
·
Dan Samorodnitsky
FDA
Fact or Fiction? Unpacking FDA Commissioner Marty Makary’s First Interviews
As Marty Makary nears the end of his first month on the job, the FDA Commissioner sat down for two interviews, offering statements that alternatively contradict and jibe with reported events.
April 25, 2025
·
7 min read
·
Heather McKenzie
Earnings
AbbVie Lambasts Trump’s Drug Pricing Proposal, Deflects Tariff Concerns
While AbbVie handily beat expectations this quarter, the company faces declining Humira sales and a challenged aesthetics business, plus the same macro headwinds blowing against the entire industry.
April 25, 2025
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3 min read
·
Annalee Armstrong
Immunology and inflammation
Vyne Crashes After Safety Signal in Dogs Puts Hold on Clinical Trial of Plaque Psoriasis
The hold, placed by the FDA on an early-stage clinical trial of an experimental BET inhibitor, stems from a recent observation of testicular toxicity in canines given the treatment.
April 25, 2025
·
2 min read
·
Tristan Manalac
Mergers & acquisitions
SpringWorks Surges on Potential $3.5B Merck KGaA Buyout
The transaction, which sources say could be agreed upon as soon as Monday, would price SpringWorks at $47 per share, totaling approximately $3.5 billion for the acquisition.
April 25, 2025
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2 min read
·
Tristan Manalac
Legal
Judge Rules Against Semaglutide Compounders After Shortage Declared Over
Big compounders will have until May 22 to stop producing and dispensing compounded semaglutide, while smaller, state-run pharmacies must immediately stop making copies of the blockbuster drug.
April 25, 2025
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2 min read
·
Tristan Manalac
Earnings
Gilead’s PrEP Launch Full Speed Ahead Despite Macro Pressures on HIV Space
Despite steep budget and staffing cuts at the FDA in recent weeks and other headwinds, Gilead CEO Daniel O’Day assured investors that the pharma’s plans and preparations for lenacapavir’s launch remain on track.
April 25, 2025
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3 min read
·
Tristan Manalac
Press Releases
Keymed Biosciences Announces Approval of IND for CM518D1 by the National Medical Products Administration of China for the Treatment of Solid Tumors
April 25, 2025
·
2 min read
Press Releases
Philips provides update on the Annual General Meeting of Shareholders 2025 Agenda
April 25, 2025
·
2 min read
Press Releases
Avantor® Announces CEO Transition
April 25, 2025
·
4 min read
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