FDA approves wider use of Sanofi's Tzield in newly diagnosed type 1 diabetes patients
The US Food and Drug Administration has approved an expanded label for Sanofi's (SNY) type 1 diabetes treatment Tzield, allowing its use in children aged 8 to 17 who have recently been diagnosed with stage 3 of the disease.
Spyre's bowel disease drug meets goals in mid-stage trial
Spyre Therapeutics (SYRE) said its experimental ulcerative colitis treatment significantly reduced disease severity in a mid-stage clinical trial, marking a key milestone for the biotech's inflammation pipeline.
Elicio Therapeutics Shares Plunge 72% After Pancreatic Cancer Vaccine Misses Mid-Stage Trial Goal
Shares in Elicio Therapeutics (ELTX) fell roughly 72% after the biotech company's experimental pancreatic cancer vaccine failed to meaningfully extend the time patients lived without disease recurrence, missing the primary endpoint of a mid-stage clinical study.
mRNA Cancer Vaccines Show Durable Results in Melanoma, Early Promise in Harder-to-Treat Tumors
Treatments based on the messenger RNA technology behind Covid-19 vaccines are demonstrating lasting efficacy against melanoma and showing early promise in pancreatic and brain cancers long considered beyond the reach of immunotherapy, researchers reported at a major oncology conference this week.
Synthetic opioids add to Europe's drug dangers as market shifts, EU agency warns
Europe's illicit drug market is undergoing a significant transformation, with synthetic opioids posing an increasing threat even as the region continues to record far fewer fatal overdoses than North America, the European Union Drugs Agency warned in its annual report.
Sanofi halts Phase 3 trial of riliprubart after interim data disappoint
Sanofi (SNY) has halted a Phase 3 clinical trial of riliprubart, an experimental treatment for a rare neurological disorder, after an interim analysis concluded the drug was unlikely to demonstrate sufficient efficacy.
AstraZeneca Reprimanded Again Over Employee LinkedIn Activity
AstraZeneca (AZN) has been found to have breached UK pharmaceutical marketing rules for the latest in a series of cases involving the LinkedIn activity of its employees, with the country's self-regulatory watchdog identifying eight separate violations.
AI Saves Clinicians Time But Training Gaps Persist, Philips Survey Finds
Artificial intelligence is generating meaningful time savings for healthcare professionals, but the majority of clinicians report that training in the technology remains inadequate, inconsistent or unavailable at their organizations, according to a global survey published Tuesday by Philips (PHIA).
Pfizer faces surge in Depo-Provera brain tumor lawsuits ahead of pivotal hearing
Federal litigation linking Pfizer's (PFE) Depo-Provera birth control injection to brain tumors has swelled to more than 5,500 cases after roughly 1,700 new lawsuits were filed in a single month, with a critical court hearing this week set to determine whether the claims can proceed to trial.
FDA investigates mifepristone safety as anti-abortion pressure on Trump mounts
The Food and Drug Administration is conducting a safety investigation into mifepristone, the most widely used abortion pill in the US, in a move that could provide the Trump administration with a regulatory mechanism to restrict access to the drug, according to the Wall Street Journal.
AlzeCure strikes Lilly deal worth over $1bn for Alzheimer's drug candidate
AlzeCure Pharma (ALZCUR) has signed a collaboration and out-licensing agreement with Eli Lilly (LLY) granting the US drugmaker global rights to an Alzheimer's drug candidate in a deal that could exceed $1bn in total value.
Takeda takes $2.5bn legal charge after pay-for-delay verdict, swings to loss for FY2025
Takeda (TAK) swung to a net loss for its 2025 fiscal year after recording a $2.5bn legal charge stemming from a landmark antitrust verdict, the Japanese drugmaker said on June 5.
Indian Cancer Patients Face Shortage of Key Chemotherapy Drugs as Platinum Prices Surge
Cancer patients across India are struggling to obtain platinum-based chemotherapy drugs as a sharp rise in the price of the raw material squeezes manufacturers and depletes hospital stockpiles, forcing patients to scour pharmacies for supplies.
Gilead's Trodelvy Suffers Fresh Setback in Lung Cancer Trial, Clearing Path for Rivals
Gilead Sciences (GILD) has suffered another clinical defeat for its flagship antibody-drug conjugate Trodelvy, after a phase 3 trial in first-line lung cancer failed — intensifying the race among Merck, AstraZeneca (AZN) and Daiichi Sankyo (DSNKY) to capture the indication.
State Bank of India Plans $1bn Funding Commitment for Sun Pharma's Organon Deal
State Bank of India (SBIN) is preparing to join a consortium of global lenders financing Sun Pharmaceutical Industries' (SUNPHARMA) $12bn acquisition of Organon & Co (OGN), committing up to $1bn pending board approval, according to people familiar with the matter.
Zealand Pharma shares slide as obesity drug trial reveals high dropout rate
Zealand Pharma (ZEAL) shares slid 24% in European afternoon trading, bringing year-to-date losses to around 47%, after partner Boehringer Ingelheim released full results from a late-stage trial of survodutide — an experimental obesity injection — showing a high rate of patient dropouts due to gastrointestinal side effects.
GSK Bets $10.6 Billion on Cancer with Nuvalent Takeover
GSK (GSK) has agreed to acquire U.S.-listed cancer drug developer Nuvalent (NUVL) for $10.6 billion in its largest deal in more than a decade, marking a decisive shift toward oncology under new chief executive Luke Miels as the British drugmaker races to build scale in lung cancer treatments.
Centene Offers Staff Buyouts After Obamacare Enrollment Slump
Centene (CNC) has offered voluntary separation packages to employees across most of its workforce following steep declines in enrollment in its Affordable Care Act health plans, as the lapse of pandemic-era subsidies weighs on its commercial business.
Roche reaffirms German investment plans as rivals retreat
Roche (RHHBY) said it will press ahead with a planned €600mn investment in a new diagnostic production facility in Penzberg, Germany, bucking a trend of pharmaceutical companies scaling back spending in the country in response to government healthcare cost-cutting measures.
Alzheimer's drug pipeline broadens beyond amyloid as researchers pursue new targets
The Alzheimer's disease drug pipeline has reached record size and diversity, with researchers increasingly moving beyond the amyloid-plaque approach that has dominated the field for decades in favor of treatments targeting inflammation, immune processes, neurotransmitters and tau protein.