Merger & Acquisition

Roche licensing pact clears generic drugmakers to manufacture antiviral flu drugMergers and Acquisitions

22 May 2026

Roche licensing pact clears generic drugmakers to manufacture antiviral flu drug

Roche has signed a voluntary license agreement with the Medicines Patent Pool (MPP), a United Nations–backed public health body, to allow generic manufacturers...

Oorja, run by Acceleron veterans, launches to make new fibrosis drugsMergers and Acquisitions

21 May 2026

Oorja, run by Acceleron veterans, launches to make new fibrosis drugs

Oorja Bio, a new biotechnology startup, has launched with $30 million in Series A funding from Westlake BioPartners. The Houston-based company announced plans...

Jupiter Neurosciences Secures $100M Term Sheet for Exclusive U.S. Rights to ALA-002, a Next-Generation MDMA Therapeutic from PharmAla BiotechMergers and Acquisitions

21 May 2026

Jupiter Neurosciences Secures $100M Term Sheet for Exclusive U.S. Rights to ALA-002, a Next-Generation MDMA Therapeutic from PharmAla Biotech

Jupiter Neurosciences, Inc. has entered into a term sheet to acquire exclusive, perpetual United States licensing rights for ALA-002, a lead drug candidate...

A migraine drugmaker heads to the public markets through reverse mergerMergers and Acquisitions

21 May 2026

A migraine drugmaker heads to the public markets through reverse merger

Mentari Therapeutics, a spinout from Paragon Therapeutics, is set to go public through a reverse merger with InMed Pharmaceuticals. The deal, announced on...

Eton Pharmaceuticals Expands Rare Disease Portfolio Through Agreement for U.S. Commercialization Rights to IMPAVIDO® (miltefosine)Mergers and Acquisitions

21 May 2026

Eton Pharmaceuticals Expands Rare Disease Portfolio Through Agreement for U.S. Commercialization Rights to IMPAVIDO® (miltefosine)

Eton Pharmaceuticals has entered into a supply and distribution agreement with an affiliate of Knight Therapeutics, Inc. to acquire exclusive U.S....

Regeneron, Parabilis set out to create new drug class in deal worth up to $2.3BMergers and Acquisitions

21 May 2026

Regeneron, Parabilis set out to create new drug class in deal worth up to $2.3B

Regeneron Pharmaceuticals has announced a significant partnership with Parabilis Medicines, committing up to $2.3 billion to create a new class of therapeutics...

Galapagos Rebrands as Lakefront Biotherapeutics After Strategic OverhaulMergers and Acquisitions

14 May 2026

Galapagos Rebrands as Lakefront Biotherapeutics After Strategic Overhaul

Galapagos, a Belgian biotech, has rebranded as Lakefront Biotherapeutics after 27 years, following a significant strategic overhaul. This transformation...

BMS, Hengrui build 13-asset pipeline in $15B+ onco-immune dealMergers and Acquisitions

13 May 2026

BMS, Hengrui build 13-asset pipeline in $15B+ onco-immune deal

Bristol Myers Squibb (BMS) and Hengrui Pharma have announced a strategic partnership to develop 13 investigational therapies for various cancers,...

Arvinas, Pfizer Find New Partner for ‘Protac’ Breast Cancer DrugMergers and Acquisitions

13 May 2026

Arvinas, Pfizer Find New Partner for ‘Protac’ Breast Cancer Drug

Arvinas and Pfizer have completed a licensing deal to transfer ownership of their recently approved breast cancer drug, Veppanu, to Rigel Pharmaceuticals. The...

RECORDATI: STRONG MOMENTUM OF THE GROUP CONTINUES INTO THE FIRST QUARTER OF 2026 NET REVENUE +4.9%, EBITDA(1) +5.0%, ADJUSTED NET INCOME(2) +7.2%Mergers and Acquisitions

13 May 2026

RECORDATI: STRONG MOMENTUM OF THE GROUP CONTINUES INTO THE FIRST QUARTER OF 2026 NET REVENUE +4.9%, EBITDA(1) +5.0%, ADJUSTED NET INCOME(2) +7.2%

Recordati reported strong financial results for the first quarter of 2026, with consolidated net revenue reaching €713.4 million, a 4.9% increase (+8.7%...

GSK Cuts Deal with Sino to Broaden Reach of Hepatitis B DrugMergers and Acquisitions

12 May 2026

GSK Cuts Deal with Sino to Broaden Reach of Hepatitis B Drug

GSK has entered into an agreement with Sino Biopharmaceutical to enhance the distribution and promotion of its experimental hepatitis B drug, bepirovirsen, in...

Cronos Group Reports 2026 First Quarter ResultsMergers and Acquisitions

12 May 2026

Cronos Group Reports 2026 First Quarter Results

Cronos Group Inc. announced strong first-quarter 2026 business results, reporting a 40% year-over-year increase in net revenue to $45.2 million and a 39% rise...

Angelini to buy Catalyst in $4B play for rare neuro drugsMergers and Acquisitions

11 May 2026

Angelini to buy Catalyst in $4B play for rare neuro drugs

Angelini Pharma announced its intent to acquire Catalyst Pharmaceuticals in a $4.1 billion deal on May 7, 2026. This acquisition will provide the Italian...

Gilead wipes out most of Arcellx workforceMergers and Acquisitions

11 May 2026

Gilead wipes out most of Arcellx workforce

Gilead Sciences completed its $7.8 billion acquisition of Arcellx, subsequently initiating layoffs that will affect 192 employees, representing an estimated...

Ascendis Pharma Reports First Quarter 2026 Financial Results and Business UpdateMergers and Acquisitions

11 May 2026

Ascendis Pharma Reports First Quarter 2026 Financial Results and Business Update

Ascendis Pharma announced strong financial results for Q1 2026, with total revenue reaching €247 million, a significant increase from €101 million in Q1 2025....

GSK goes beyond weight-loss with $1B buyout of Chinese siRNA specialistMergers and Acquisitions

11 May 2026

GSK goes beyond weight-loss with $1B buyout of Chinese siRNA specialist

GSK has acquired Chinese RNA developer Siran Biotechnology for over $1 billion, encompassing upfront payments and future milestones. This strategic move grants...

Bayer ends multi-year M&A drought with up to $2.45B Perfuse buyMergers and Acquisitions

08 May 2026

Bayer ends multi-year M&A drought with up to $2.45B Perfuse buy

Bayer has ended a nearly five-year M&A hiatus in its pharma division by acquiring Perfuse Therapeutics for an upfront payment of $300 million, with the total...

Pfizer is a 2029 story but Q126 lays foundation for growthMergers and Acquisitions

07 May 2026

Pfizer is a 2029 story but Q126 lays foundation for growth

Pfizer reported Q1 2026 revenue of $14.5 billion, a 2% increase, and maintained its full-year guidance. The company's long-term strategy focuses on achieving...

Madrigal Adds Clinical-Stage siRNA Asset Targeting PNPLA3 to its MASH PipelineMergers and Acquisitions

07 May 2026

Madrigal Adds Clinical-Stage siRNA Asset Targeting PNPLA3 to its MASH Pipeline

Madrigal Pharmaceuticals has entered into an exclusive global license agreement with Arrowhead Pharmaceuticals for ARO-PNPLA3, a clinical-stage small...

UCB captures Candid in $2.2B autoimmune deal as pharma’s M&A train chugs alongMergers and Acquisitions

05 May 2026

UCB captures Candid in $2.2B autoimmune deal as pharma’s M&A train chugs along

UCB is set to acquire immunology specialist Candid Therapeutics in a deal valued at up to $2.2 billion, comprising $2 billion upfront and up to $200 million in...

AstraZeneca prunes asthma, rare disease pipeline, cultivates cancer portfolioMergers and Acquisitions

01 May 2026

AstraZeneca prunes asthma, rare disease pipeline, cultivates cancer portfolio

AstraZeneca is reshaping its pipeline, discontinuing four assets including atuliflapon, an oral FLAP protein inhibitor for moderate to severe asthma, due to...

Teva nabs experimental Tourette drug in $700M Emalex buyoutMergers and Acquisitions

30 Apr 2026

Teva nabs experimental Tourette drug in $700M Emalex buyout

Teva Pharmaceutical has announced the acquisition of privately held Emalex Biosciences for up to $900 million, comprising $700 million upfront and up to $200...

Chiesi snaps up KalVista for $1.9B, betting big on rare disease med EkterlyMergers and Acquisitions

30 Apr 2026

Chiesi snaps up KalVista for $1.9B, betting big on rare disease med Ekterly

Chiesi Group is acquiring KalVista Pharmaceuticals for $1.9 billion, significantly expanding its rare disease portfolio with the oral therapy Ekterly. Ekterly,...

Biogen Shifts Focus to Early-Stage Assets After Apellis AcquisitionMergers and Acquisitions

30 Apr 2026

Biogen Shifts Focus to Early-Stage Assets After Apellis Acquisition

Biogen is pivoting its growth strategy towards early-stage assets to build its "next generation" pipeline, as announced by CEO Chris Viehbacher during the...

AbbVie sinks talons into KRAS with right to buy Kestrel for up to $1.45BMergers and Acquisitions

29 Apr 2026

AbbVie sinks talons into KRAS with right to buy Kestrel for up to $1.45B

AbbVie has secured an exclusive option to acquire Kestrel Therapeutics for up to $1.45 billion, contingent on Kestrel meeting specific development and...

Lilly, AI biotech Profluent ink $2.25B pact in search of genetic medicine ‘holy grail’Mergers and Acquisitions

29 Apr 2026

Lilly, AI biotech Profluent ink $2.25B pact in search of genetic medicine ‘holy grail’

Eli Lilly has partnered with AI biotech Profluent Bio in a research pact potentially worth up to $2.25 billion to develop advanced DNA editing tools. The...

Garijo starts as Sanofi CEO with window to ease reliance on DupixentMergers and Acquisitions

29 Apr 2026

Garijo starts as Sanofi CEO with window to ease reliance on Dupixent

Belén Garijo takes over as Sanofi CEO on April 29, facing the critical challenge of preparing the company for life after Dupixent's patent expiry, expected as...

Lilly lands third oncology deal in 3 weeks, inking up to $2.3B for AjaxMergers and Acquisitions

28 Apr 2026

Lilly lands third oncology deal in 3 weeks, inking up to $2.3B for Ajax

Eli Lilly is acquiring Ajax Therapeutics for up to $2.3 billion, marking its third oncology deal in three weeks. The acquisition focuses on Ajax's lead...

Sun Pharma beams up Organon in $11.75B acquisitionMergers and Acquisitions

28 Apr 2026

Sun Pharma beams up Organon in $11.75B acquisition

Sun Pharmaceutical is set to acquire Organon for $11.75 billion in an all-cash transaction, aiming to significantly bolster its global presence in biosimilars...

PridCor Therapeutics Secures Global Antiviral PortfolioMergers and Acquisitions

24 Apr 2026

PridCor Therapeutics Secures Global Antiviral Portfolio

PridCor Therapeutics LLC, a clinical-stage biopharmaceutical company, announced the acquisition of a global antiviral asset portfolio. This strategic move...

Plus Therapeutics Initiates Manufacturing Activities with SpectronRx Under a Master Services Agreement to Support GMP Pivotal Trial Readiness for REYOBIQ™Mergers and Acquisitions

24 Apr 2026

Plus Therapeutics Initiates Manufacturing Activities with SpectronRx Under a Master Services Agreement to Support GMP Pivotal Trial Readiness for REYOBIQ™

Plus Therapeutics announced the initiation of manufacturing activities and technology transfer with SpectronRx under a Master Services Agreement (MSA) to...

Amneal inks $1.1B Kashiv buyout to pursue biosimilar market leadershipMergers and Acquisitions

24 Apr 2026

Amneal inks $1.1B Kashiv buyout to pursue biosimilar market leadership

Amneal Pharmaceuticals has acquired Kashiv BioSciences in a $1.1 billion deal, comprising $375 million in cash, $375 million in equity, and up to $350 million...

Lilly exits Rigel alliance, adding to RIPK1 scrap heapMergers and Acquisitions

23 Apr 2026

Lilly exits Rigel alliance, adding to RIPK1 scrap heap

Eli Lilly has terminated its partnership with Rigel Pharmaceuticals for two investigational RIPK1 inhibitors, effective June 15. This decision means Lilly will...

Tortugas Debuts with $106M and Brain Drugs from Hansoh, EisaiMergers and Acquisitions

22 Apr 2026

Tortugas Debuts with $106M and Brain Drugs from Hansoh, Eisai

Tortugas Neuroscience, a new biotech led by former Sage Therapeutics executives Jeff Jonas and Al Robichaud, has launched with $106 million in funding. The...

Lilly adds gene delivery technology to CAR T in up to $7B Kelonia dealMergers and Acquisitions

22 Apr 2026

Lilly adds gene delivery technology to CAR T in up to $7B Kelonia deal

Eli Lilly is set to acquire Kelonia Therapeutics for up to $7 billion, including an upfront payment of $3.25 billion, significantly bolstering its presence in...

UCB elevates epilepsy expertise with up to $1.15B Neurona takeoverMergers and Acquisitions

22 Apr 2026

UCB elevates epilepsy expertise with up to $1.15B Neurona takeover

UCB is set to acquire California-based Neurona Therapeutics for an upfront payment of $650 million, with potential milestone payments reaching up to $500...

Novartis to Acquire Avidity Biosciences for $12 BillionMergers and acquisitions

27 Oct 2025

Novartis to Acquire Avidity Biosciences for $12 Billion

Novartis AG will acquire Avidity Biosciences for USD 72.00 per share in cash, valuing the company at approximately USD 12.0 billion. Avidity will sepa...

Innovent and Takeda Partner to Develop Next-Gen IO and ADC TherapiesMergers and acquisitions

22 Oct 2025

Innovent and Takeda Partner to Develop Next-Gen IO and ADC Therapies

Innovent Biologics and Takeda have entered into a global strategic partnership to co-develop and commercialize Innovent's next-generation immuno-oncol...

Biocon Biologics and Civica Expand Partnership to Launch Insulin Glargine for U.S. Diabetes PatientsMergers and acquisitions

16 Oct 2025

Biocon Biologics and Civica Expand Partnership to Launch Insulin Glargine for U.S. Diabetes Patients

Biocon Biologics and Civica expand their partnership to include Insulin Glargine, aiming to increase the availability of affordable insulin for the 38...

Boehringer Ingelheim and AimedBio Collaborate to Advance Novel ADC Therapy for Broad Range of CancersMergers and acquisitions

16 Oct 2025

Boehringer Ingelheim and AimedBio Collaborate to Advance Novel ADC Therapy for Broad Range of Cancers

Boehringer Ingelheim and AimedBio have entered into a global collaboration and licensing agreement to develop a novel antibody-drug conjugate (ADC) th...

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