Research & Development July 28, 2021 Amgen to acquire clinical stage biotechnology firm Teneobio By PBR Staff Writer Biotechnology company Amgen has agreed to acquire Teneobio, a privately held clinical stage biotechnology firm, in a deal valued at about $900m. Teneobio is developing a new class
Research & Development July 27, 2021 PerkinElmer to acquire life science antibodies provider BioLegend for $5.25bn By PBR Staff Writer PerkinElmer has signed an agreement to acquire US-based BioLegend, a life science antibodies and reagents provider, in a deal valued at about $5.25bn. BioLegend provides antibodies and reagents
RegulationApprovals July 26, 2021 EMA’s CHMP recommends EU approval for Moderna’s Covid-19 vaccine for adolescents By PBR Staff Writer The European Medicines Agency’s (EMA) Committee for Medicinal Products for Human Use (CHMP) has recommended marketing authorisation for Moderna’s Covid-19 vaccine, Spikevax, for adolescents aged 12 to 17
RegulationApprovals July 23, 2021 FDA approves Merck, Eisai’s Keytruda and Lenvima combination for endometrial cancer By PBR Staff Writer Merck and Eisai have secured approval from the US Food and Drug Administration (FDA) for Keytruda (pembrolizumab) plus Lenvima (lenvatinib) combination to treat patients with certain types of
Research & Development July 23, 2021 Pfizer and Arvinas to jointly develop and commercialise breast cancer drug By PBR Staff Writer Pfizer and Arvinas have collaborated to co-develop and co-commercialise ARV-471, an investigational oral Protac estrogen receptor protein degrader. The estrogen receptor (ER) is a well-known disease driver in
RegulationApprovals July 22, 2021 AstraZeneca completes acquisition of biopharmaceutical firm Alexion By PBR Staff Writer AstraZeneca has completed the acquisition of biopharmaceutical company Alexion Pharmaceuticals in a deal valued at $39bn. The latest move comes after the receipt of clearance from the UK
Drug Manufacturing July 22, 2021 Biovac partners with Pfizer and BioNTech to manufacture Covid-19 vaccine By PBR Staff Writer Pfizer and BioNTech have signed a letter of intent with The Biovac Institute, the South African biopharmaceutical company, to jointly manufacture and distribute their Covid-19 Vaccine in the
Research & Development July 21, 2021 Three US drug distributors agree to pay $1.18bn to settle opioid case in New York By PBR Staff Writer McKesson Corporation, Cardinal Health and Amerisource Bergen Drug, the three largest US drug distributors, have agreed to pay up to $1.18bn to settle the ongoing opioid-related case with
RegulationApprovals July 21, 2021 Japan approves Roche’s Ronapreve for Covid-19 treatment By PBR Staff Writer Roche has received Japan’s Ministry of Health, Labour and Welfare (MHLW) approval for its Ronapreve to treat mild to moderate Covid-19 patients. Designed to block SARS-CoV-2 infectivity, Ronapreve
Research & Development July 20, 2021 Partners Group to acquire Pharmathen from BC Partners for $1.9bn By PBR Staff Writer Private equity firm Partners Group has agreed to acquire Pharmathen from an international investment firm BC Partners in a deal valued about $1.88bn (€1.6bn). Private pharma company, Pharmathen