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AstraZeneca is setting up a new business unit dedicated to overseeing its vaccines and antibody therapies as it looks to rebound from pandemic-era disappointments related to its COVID-19 jab co-developed with Oxford University. Read More
In a stunning decision, Oklahoma’s supreme court has reversed a $465 million verdict against Johnson & Johnson (J&J), regarding allegations the drugmaker contributed to the state’s public health crisis by misleadingly hawking prescription opioids. Read More
GRO Biosciences says the investment will support the company’s pipeline of protein therapeutics with properties “previously inaccessible to protein engineering.” Read More
Patients in the program can get a maximum of $57,432 back if they take the drug for three months and can show that they experienced no benefit. Read More
Pfizer has quietly launched what it’s calling the Pfizer Pledge, a pilot program that attaches an insurance-backed warranty to the performance of the company’s 10-year-old lung cancer drug Xalkori, promising money back. Read More
Bayer is investing in GRO Biosciences, a Boston-based company that is developing protein therapeutics for patients with autoimmune and metabolic diseases. Read More
Novartis has teamed up with Cambridge, UK-based Dunad Therapeutics to develop protein degradation therapies in a deal potentially worth more than $1.3 billion. Read More
Metagenomi will receive an undisclosed upfront payment, along with an equity investment, research funding and milestones-based payments for unspecified disease targets. Read More