UK reviews Palantir NHS contract amid pressure to trigger break clause
Britain is conducting a full review of its National Health Service contract with Palantir (PLTR), the US data analytics company, as political pressure mounts on the government to invoke a break clause when the deal's initial term expires in early 2027.
Lilly shares climb as next-generation obesity drug data cements market lead
Eli Lilly (LLY) shares rose 4% after the drugmaker presented compelling data for retatrutide, its next-generation obesity treatment, fueling expectations among analysts and investors that the company will extend its dominance of the booming weight-loss market.
Cholera outbreak kills 74 in Nigeria's Borno state as cases surpass 7,800
A cholera outbreak in Nigeria's northeastern Borno state has killed at least 74 people and infected more than 7,800 since early May, overwhelming health facilities in a region already weakened by years of conflict and displacement, according to Médecins Sans Frontières.
US brand-name drug prices climb after launch while falling abroad, AARP finds
List prices for top brand-name drugs in the US have risen an average of 81% since launch, while prices for the same medicines fell an average of 13% across 19 other high-income countries, according to a report released by the AARP Public Policy Institute.
Massachusetts sues UnitedHealth unit over alleged $100mn Medicaid fraud
Massachusetts has sued a UnitedHealth Group (UNH) insurance unit, accusing it of defrauding the state's Medicaid program of more than $100mn by making elderly patients appear sicker than they were in order to inflate payments.
Eli Lilly Strikes Three Vaccine Deals Worth Up to $4 Billion
Eli Lilly (LLY) has agreed to acquire three vaccine developers in transactions valued at up to nearly $4 billion combined, marking a significant push by the weight-loss drug market leader into infectious-disease prevention.
Drugmakers race to find weapons against rare Ebola strain as Congo toll mounts
Global health authorities and a clutch of drugmakers are racing to assemble medical defences against an Ebola outbreak in eastern Democratic Republic of Congo, where a rarer strain of the virus has left the world without a single approved vaccine or therapy to deploy.
UCB trial puts Bimzelx ahead of AbbVie rival in arthritis duel
UCB has reported data it says marks a milestone in the crowded market for psoriatic arthritis treatments, with its drug bimekizumab beating AbbVie's risankizumab in a direct comparison of joint outcomes.
AriBio receives first tranche of Fosun Pharma payment in Alzheimer's licensing deal
South Korean biotechnology company AriBio said it has received an initial $10mn payment from China's Fosun Pharma (02196.HK) under a global exclusive licensing agreement for its Alzheimer's drug candidate AR1001, with the funds transferred just ten days after the deal was announced.
Pharma bets big on cancer bispecifics — but may be targeting the wrong tumour
Drugmakers have wagered billions of dollars on a new class of cancer drugs targeting two well-known biological pathways — PD-1 and VEGF — but analysts say the industry's fixation on lung cancer may be obscuring a more compelling opportunity elsewhere.
Biopharma M&A on Pace for Best Year Since Pre-Pandemic Peak
Global biopharma dealmaking is surging toward its strongest year since 2019, with $106 billion in transactions across 201 deals recorded so far in 2026, according to PitchBook data. If the current pace holds, total deal value could exceed $250 billion by year-end.
AbbVie to Cut 85 Jobs at California Eye Care Unit
AbbVie (ABBV) is eliminating 85 positions at its Irvine, California campus, with the cuts set to take effect July 20, according to a filing under the state's Worker Adjustment and Retraining Notification Act. The layoffs affect the company's eye care business, which operates alongside aesthetics, neurotoxin and neuro-psychiatry functions at the 54-acre, one million square foot site.
AstraZeneca ($AZN.L) valuation debate intensified as investors weighed pipeline growth against pricing risks
AstraZeneca remained in focus among investors as analysts continued assessing whether the pharma giant’s recent share performance fully reflected its long-term growth outlook.
Astellas Bets on Newer Drug Portfolio to Power Profit Growth Through 2030
Astellas Pharma (ALPMY) is counting on high-margin treatments including cancer therapy Padcev and eye drug Izervay to hit a five-year target of at least ¥4.3 trillion ($27 billion) in cumulative core operating profit before research and development costs.
EMA Backs Novo Nordisk's Wegovy Pill in Boost for Oral Weight-Loss Race
Europe's medicines regulator has recommended approval of Novo Nordisk's (NVO) oral Wegovy, paving the way for the first weight-loss pill to reach the European market and handing the Danish drugmaker a lead over US rival Eli Lilly (LLY).
EU regulator backs AstraZeneca breast cancer pill amid US divide
Europe's medicines regulator has recommended approval of AstraZeneca's (AZN) experimental breast cancer treatment camizestrant, putting it at odds with an American advisory panel that raised concerns about the drug last month.
GLP-1 drugs show promising signs of slowing cancer progression
The blockbuster class of weight-loss and diabetes medicines known as GLP-1 drugs may carry an unexpected benefit for cancer patients, according to four new studies suggesting the treatments are associated with slower tumor progression and improved survival rates.
Lilly ($LLY) Mounjaro outperformed rival GLP-1 therapies in early type 2 diabetes study
Eli Lilly reported new data showing its GLP-1 therapy Mounjaro delivered stronger outcomes than other commonly used treatments in patients with recently diagnosed type 2 diabetes.
Bristol Myers Squibb ($BMY) multiple myeloma drug cut progression risk in late-stage trial
Bristol Myers Squibb reported positive Phase 3 results for experimental multiple myeloma therapy mezigdomide, strengthening its next-generation oncology pipeline as the company prepares for increased generic competition to key legacy products.
BridgeBio Pharma shares rise on regulatory filing and rare-disease trial data
Shares in BridgeBio Pharma (BBIO) rose 5.8 per cent on Monday after the rare-disease specialist submitted a New Drug Application to the FDA for encaleret and reported strong late-stage clinical data across two programmes, raising hopes that the company is evolving beyond its dependence on a single product.