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NightHawk Biosciences Shifts into a Pure-Play Large-Molecule CDMO

NightHawk Biosciences Shifts into a Pure-Play Large-Molecule CDMO

December 20th 2023

Following the divestiture of its Elusys subsidiary and other non-core assets, NightHawk Biosciences will transform into a pure-play large-molecule CDMO.

Bristol Myers Squibb and SystImmune Enter Global ADC Collaboration Worth Potentially up to $8.4 Billion

Bristol Myers Squibb and SystImmune Enter Global ADC Collaboration Worth Potentially up to $8.4 Billion

December 19th 2023

Bristol Myers Squibb and SystImmune plan to co-develop and co-commercialize lead ADC candidate for cancer treatment in US.

RoslinCT to Manufacture CRISPR-Based Gene Therapy Casgevy

RoslinCT to Manufacture CRISPR-Based Gene Therapy Casgevy

December 14th 2023

RoslinCT will manufacture Vertex Pharmaceuticals’ CRISPR-based gene therapy, Casgevy, recently approved for treating sickle cell disease and β thalassemia.

Sanofi to Terminate Rare Disease Drug Licensing Agreement with Maze Therapeutics in Wake of FTC’s Challenge

Sanofi to Terminate Rare Disease Drug Licensing Agreement with Maze Therapeutics in Wake of FTC’s Challenge

December 13th 2023

Sanofi has issued a statement expressing its disappointment with FTC’s decision to block an exclusive licensing agreement with Maze Therapeutics for a rare disease drug candidate.

AbbVie to Acquire ImmunoGen in Deal Valued at $10.1 Billion

AbbVie to Acquire ImmunoGen in Deal Valued at $10.1 Billion

December 8th 2023

AbbVie’s proposed acquisition of ImmunoGen is expected to accelerate AbbVie's entry into the commercial market for ovarian cancer and includes ImmunoGen’s flagship cancer therapy, ELAHERE (mirvetuximab soravtansine-gynx).

Genentech and NVIDIA Form AI Research Collaboration for Drug Discovery and Development

Genentech and NVIDIA Form AI Research Collaboration for Drug Discovery and Development

November 29th 2023

Under this multi-year collaboration, Genentech and NVIDIA will use AI to optimize and accelerate each company’s platforms to discover and develop innovative therapeutics.

Lithuania Set to Become Home to Largest Biotech City

Lithuania Set to Become Home to Largest Biotech City

November 24th 2023

The largest biotech hub is set to be built in Lithuania by Northway Group.

Industry Responds to the UK’s Autumn Statement

Industry Responds to the UK’s Autumn Statement

November 23rd 2023

UK industry body, ABPI, has responded positively to the recent Autumn Statement.

Novartis and Legend Biotech Sign Exclusive License Agreement for CAR-T Therapies

Novartis and Legend Biotech Sign Exclusive License Agreement for CAR-T Therapies

November 15th 2023

Novartis and Legend Biotech seek to advance certain CAR-T cell therapy candidates targeting Delta-like ligand protein 3.

Salary Survey for Pharma Scientists Shows Increase of 6.7% Since 2022

Salary Survey for Pharma Scientists Shows Increase of 6.7% Since 2022

October 31st 2023

A recent AAPS Salary Survey shows a rising trend in compensation for pharmaceutical scientists since 2022.