Drug Maker Novartis in Advanced Talks To Acquire Cytokinetics

Novartis, a Swiss drugmaker, is reportedly in advanced talks to acquire Cytokinetics, an American biotechnology business. Novartis is anticipated to win the Cytokinetics auction, beating out competitors such as AstraZeneca and Johnson...

Cipla To Partner With Kemwell Biopharma, Manipal Med Group To Form JV

Cipla Ltd, a prominent pharmaceutical company, has formed a joint venture in the United States with Kemwell Biopharma and Manipal Education & Medical Group to develop and commercialise innovative cell therapy products...

Mayo Clinic and Cerebras Systems Partner To Develop AI For Health Care

The Mayo Clinic, a nonprofit medical center in Rochester, Minnesota, has announced a partnership with Silicon Valley startup Cerebras Systems to build artificial intelligence (AI) models for the healthcare business. The Mayo Clinic, which has...

Gerresheimer and Aptar Digital Partner For Cancer Therapy Solution

Gerresheimer, an innovative systems and solutions provider and global partner for the pharmaceutical, biotechnology, and cosmetics industries, and Aptar Digital Health, a global expert in Software as a Medical Device (SaMD), digital Patient...

Merck To Acquire Harpoon Therapeutics For USD 680 Million

Merck announced that the companies have entered into a definitive agreement under which Merck, through a subsidiary, will acquire Harpoon for $23.00 per share in cash for an approximate total equity value of $680 million. “At Merck, we continue...

Govt Orders New Drug-Making Standards After Overseas Deaths

Indian pharmaceutical companies must fulfill new manufacturing requirements this year, according to a Union Health Ministry announcement, but tiny companies have requested a delay, citing their financial load. Under the revised Schedule...

Sensorion and Institut Pasteur Team up to Advance Gene Theraphy Program

Sensorion announces that the research partnership framework agreement signed in 2019 with the Institut Pasteur (Paris, France), which granted Sensorion an option for exclusive licenses to develop and market gene therapy drug candidates derived...

AbbVie and Umoja Sign Pact To Develop in-situ CAR T Cell Therapies

AbbVie and Umoja Biopharma (Umoja), a biotechnology startup in early clinical stages, signed two exclusive option and licensing agreements to develop numerous in-situ produced CAR-T cell treatment candidates in oncology using Umoja's patented...

PharmaKure Bags UK MHRA Nod To Treat Mild Cognitive Impairment

The UK Medicines and Healthcare Regulatory Agency (MHRA) has granted Clinical Trial Authorization (CTA) for PharmaKure to begin a multi-ascending dose phase 2a study to assess the safety and tolerability of PK051, intended for the treatment of...

Akums Drugs Unveils Generic Formulation To Treat Migraine

Akums Drugs & Pharmaceuticals Ltd., a contract manufacturing pharmaceutical firm, announced the launch of the Lasmiditan tablet, which is used to treat migraines. The Drug Controller General of India (DCGI) and the United States Food and Drug...

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