DOJ signals it will start scrutinizing drugmakers, PhrMA sues Trump administration, and more biotech news
Elaine’s stories explore the boom in new obesity treatments, new drug payment models, the ways companies are affected by FDA changes, and the emerging psychedelics drug sector. She co-writes The Readout newsletter, and co-hosts STAT’s weekly biotech podcast, The Readout Loud. You can reach Elaine on Signal at elaineywchen.70.
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Good morning. Let’s get straight to the news.
The need-to-know this morning
- Bristol Myers Squibb said Zenbexus, recently granted FDA accelerated approval to treat multiple myeloma, reduced the risk of disease progression by 51% compared to standard therapy in a Phase 3 trial.
- Generic drugmaker Viatris said it will acquire Pacira Biosciences, maker of non-opioid pain therapies, for $1.65 billion.
Roche goes beyond licensing in deal with Chinese biotech
Over the past few years, pharma companies have flocked to China to license existing drug candidates. Roche is taking a new approach, partnering with Chinese startup Defand Therapeutics to discover new medicines.
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Elaine’s stories explore the boom in new obesity treatments, new drug payment models, the ways companies are affected by FDA changes, and the emerging psychedelics drug sector. She co-writes The Readout newsletter, and co-hosts STAT’s weekly biotech podcast, The Readout Loud. You can reach Elaine on Signal at elaineywchen.70.
