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Strategy

Taiho Expands Cancer Pipeline With ADCs In $400m Araris Buy

Taiho’s acquisition of Swiss next-generation antibody-drug conjugate developer Araris is one of about 10 ADC deals so far in 2025. The companies previously partnered in 2023.

Aspen Believes It ‘Ticks All The Boxes’ As It Begins Submitting GLP-1 Dossiers

South Africa’s Aspen Pharma has discussed the “significant progress” it believes it has made in GLP-1s, with an eye on rolling-out semaglutide in non-US and non-EU markets beginning as early as 2026.

Latigo Raises $150m To Drive Its First Pain Drug Toward Phase III

Vertex has the first-in-class NaV1.8 inhibitor for acute pain, Journavx, but Latigo plans to bring forward multiple best-in-class options for acute and chronic pain against NaV1.8 and other targets.

Endo And Mallinckrodt Plan To Merge - And Spin Off Generics Business

Both vexed by bankruptcies and opioid litigation, Endo and Mallinckrodt will merge in a deal valued at $6.7bn. The new company will spin out its generics and sterile injectable business.

Industry Welcomes Critical Medicines Act But With Mixed Responses

The EU’s Critical Medicines Act is finally here. But did the European Commission’s decision to fast-track the legislation result in it falling short?

Finance Watch: Sutro Halves Workforce, Cuts Lead ADC And CEO Moves On

Restructuring Edition: Biopharma companies used fourth-quarter updates to reveal job and program cuts to conserve cash, including Sutro, Agenus, Coherus, Inozyme and Atea. Also, Vincerx’s reverse merger was terminated and Vaccinex, Oncternal, Syros plan to voluntarily delist.

Indian Generic Players Begin Price War Over Generic Empagliflozin Launches

Eyeing the lucrative opportunity, three Indian players have launched their generic versions of Boehringer’s anti-diabetes drug Jardiance in their domestic market.

Celltrion Keeps Pace With Ustekinumab Discounts As It Launches US Stelara Rival

Celltrion has become the latest firm to enter the competitive US market for Stelara biosimilars, revealing details of its Steqeyma launch.

Coherus Prepares To Wave Goodbye To Udenyca – And 30% Of Its Staff

As Coherus prepares to exit the biosimilars space altogether with the divestment of its Udenyca pegfilgrastim franchise, the firm has set out its annual results for 2024 as well as “organizational streamlining” plans.

Richter Welcomes Generic Xarelto And Pradaxa Impact As Revenues Climb In 2024

Gedeon Richter enjoyed a solid 2024 as it capitalized on key generic launches and progressed significantly with proposed biosimilars to both Prolia/Xgeva and Actemra/RoActemra. The Hungarian firm also shed light on its strategy over the next decade in a newly-launched ten-year strategic plan.