GSK acquires Aiolos Bio for $1.4bn to boost respiratory portfolio
GSK’s acquisition, which comes amid other big money moves in the pharma industry, aims to broaden its asthma drug range.
10 January 2024
10 January 2024
GSK’s acquisition, which comes amid other big money moves in the pharma industry, aims to broaden its asthma drug range.
Set to lose Keytuda patent protection in 2028, MSD is shoring up its oncology portfolio with immunotherapies.
Approval for zolbetuximab was quashed after the FDA found deficiencies in the company’s third-party manufacturing.
The approval is based on results from the international Phase III Clarity AD study.
The CRISPR/Cas9 gene-edited therapy is expected to reduce or eliminate vaso-occlusive crises in SCD patients.
The US Food and Drug Administration (FDA) is expected to provide a decision on approval for the antibiotic in February 2024.
The proceeds from the private placement will fund the development of Zealand’s obesity pipeline, including two Phase II candidates.
The deal includes an upfront payment and potential near-term payments to Precision totalling $17.5m in exchange for the global rights of azercabtagene zapreleucel (azer-cel).
Genomics has been identified as the top emerging pharmaceutical industry trend for 2024, with its growth attributed to the increasing prevalence of chronic diseases, plummeting DNA sequencing costs, and increasing funding for genomics. Despite an optimistic outlook for 2024, the industry growth is predicted to be below 2022 levels primarily due to geopolitical conflicts, inflation, and drug pricing pressures.
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