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Novartis returns to Monte Rosa for second time in a year with $5.7bn deal

Novartis has joined the swathe of big pharma companies bolstering their molecular glue degrader portfolios.

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Novo Nordisk secures EMA approval for Rybelsus label update

Rybelsus becomes the first oral glucagon-like peptide-1 receptor agonist in the EU with proven cardiovascular benefits.

Cadrenal Therapeutics acquires eXIthera’s Factor XIa inhibitors

Cadrenal will acquire eXIthera’s intravenous Factor XIa inhibitor frunexian, oral inhibitor EP-7327, and additional novel FXIa small molecules.

aTyr Pharma stock crashes on Phase III pulmonary sarcoidosis fail

Despite missing the primary endpoint, aTyr Pharma still sees a future for the drug as it plans further FDA discussions.

AstraZeneca halts £200m research investment in Cambridge

The British drugmaker shelved a separate £450m ($612m) investment in a vaccine manufacturing plant in northern England, earlier this year.

FDA chief blames decades of regulatory failure for misleading pharma ads 

FDA chief Martin Makary said the agency will now ‘proactively monitor’ pharma companies for advertising law breaches.