Morocco-EU pharma trade gap widens as bloc posts record surplus
Eurostat data show Morocco imported more than €660mn of medical and pharmaceutical products from the European Union last year, while exporting just €21.5mn, underscoring a widening trade imbalance.
Novo Nordisk weight-loss drug shows liver benefits in mouse study
A weight-loss drug developed by Novo Nordisk may deliver direct benefits to the liver, according to new preclinical research that challenges existing assumptions about how the medicines work.
Merck to acquire Terns for $6.7bn in push to offset Keytruda patent loss
Merck & Co. has agreed to acquire Terns Pharmaceuticals for $6.7bn, as it seeks to strengthen its oncology pipeline ahead of looming patent expiries on its top-selling drug Keytruda.
Telix raises $600mn in upsized convertible bond offering
Telix Pharmaceuticals has raised $600mn through an upsized convertible bond offering, reflecting strong investor demand for the group’s refinancing.
US imposes sweeping pharma tariffs under Section 232 order
The Donald Trump administration has enacted a far-reaching tariff regime on pharmaceuticals, converting months of trade threats into binding law under Section 232 of the Trade Expansion Act.
FDA rebukes Pfizer over misleading Adcetris social media ads
The US Food and Drug Administration has criticised Pfizer over Facebook advertisements for its cancer therapy Adcetris, saying the campaign failed to adequately communicate the drug’s approved use and safety risks.
BridgeBio chief sells $5.9mn in shares under pre-arranged plan
Neil Kumar, chief executive of BridgeBio Pharma, has sold nearly $6mn worth of shares in the company, according to a regulatory filing. The transactions, carried out on April 9 and 10, totalled approximately $5.97mn and were executed at prices ranging from about $73 to $76 a share.
Pharma procurement blindsided as supply shocks expose data gap
Pharmaceutical supply chains are under renewed strain as disruption in the Middle East forces widespread rerouting of air and sea freight, delaying shipments and tightening capacity across global trade routes.
Novo Nordisk taps OpenAI to embed artificial intelligence across drug pipeline
Novo Nordisk has struck a partnership with OpenAI to deploy advanced artificial intelligence across its global operations, in a move that underscores the pharmaceutical industry’s accelerating shift towards AI-led drug development.
FDA clears first generics of AstraZeneca’s Farxiga, opening $8.5bn market to rivals
The US Food and Drug Administration has approved the first generic versions of Farxiga, marking a significant shift for one of AstraZeneca’s top-selling diabetes treatments.