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Merck strikes early licensing deals for experimental HIV pill in developing world

Merck (MRK) has signed voluntary licensing agreements with seven generic drug manufacturers to produce and sell lower-cost versions of its experimental once-monthly oral HIV pill, alimatravir, across 129 low- and lower-middle-income countries — an unusually early move that comes while the drug is still in late-stage clinical development.

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AstraZeneca's Ultomiris Fails Late-Stage Trial in Rare Transplant Complication

AstraZeneca (AZN) said that its rare disease therapy Ultomiris failed to meet its primary endpoint in a late-stage trial enrolling adults with a serious blood vessel complication that can arise following stem cell transplants, adding to a string of clinical setbacks that have raised questions about the company's trial design capabilities.

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Roche launches prevention trial for Alzheimer's antibody in race with Lilly

Roche (RHHBY) has unveiled plans for a pivotal trial of its experimental Alzheimer's antibody, seeking to demonstrate it can prevent symptoms from developing as the Swiss drugmaker races Eli Lilly (LLY) and Japan's Eisai (ESAIY) to push the disease's treatment frontier from therapy into prevention.

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Insulet partners with Calm to address mental health burden of diabetes management

Insulet (PODD), the maker of the Omnipod wearable insulin patch, has teamed up with mental health app Calm to launch a suite of free mindfulness resources tailored specifically to people living with diabetes, in what the companies describe as Calm's first integrated content partnership with a medical device manufacturer.

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Taco Bell removes menu items amid widening US cyclosporiasis outbreak

Yum Brands (YUM) said that its Taco Bell chain had pulled a limited number of items from select restaurant locations as a precautionary measure, even as US health officials stopped short of linking the fast-food chain to a widening outbreak of cyclosporiasis that has now spread across 34 states.

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BridgeBio Shares Hit 52-Week High as AstraZeneca Trial Failure Boosts Rival Drug's Prospects

Shares of BridgeBio Pharma (BBIO) surged to a 52-week intraday high of $93.42 earlier in the month before closing the session 15% higher, adding roughly $2.3 billion in market value, after AstraZeneca (AZN) disclosed a late-stage clinical failure that investors believe strengthens BridgeBio's position in the market for a rare heart condition.

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