Deals: Page


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    AbCellera, Vertex partner on next-gen T-cell engagers

    The deal adds to a growing streak of partnerships involving new types of T cell engagers and gives Vertex another chance to broaden a business still reliant on cystic fibrosis medicines.

    By • July 29, 2026
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    Argenx to acquire Forte in $2.2B deal for ‘differentiated’ immune drug

    The deal gives Argenx a drug prospect aimed at the protein target CD122, an approach that’s recently gained traction among multiple developers.

    By • July 27, 2026
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    Vertex was sole bidder in high-premium Crinetics acquisition

    Analysts expect new details on the lead-up to the deal “are likely to reignite” investor scrutiny that Vertex overpaid in what’s poised to be its largest-ever transaction.

    By • July 22, 2026
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    Tempus to acquire cancer test maker Personalis for $1.5B

    Tempus AI’s planned acquisition follows recent interest in blood-based cancer tests across the medtech industry.

    By Elise Reuter • July 20, 2026
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    Jasper gets a lifeline in merger with immune drugmaker Kira

    The acquisition, which involves a concurrent licensing deal with startup Mirador, gives Jasper a chance to rebound from setbacks that have wiped out most of its market value.  

    By • July 17, 2026
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    Lilly to buy AtaiBeckley for $2.8B, further validating psychedelics

    The latest in a prolific streak of buyouts by Lilly is the strongest sign yet that large pharmaceutical companies may finally be embracing a long-dismissed field of research.

    By • July 16, 2026
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    China competition

    Fresh off buyout, Akero execs reunite to advance long-acting psoriasis pill

    Set to go public via a reverse merger, Avere has licensed from a prolific Chinese drugmaker rights to a potential threat to medicines like Skyrizi and Icotyde. 

    By • July 14, 2026
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    GSK ends brain drug alliance with Alector

    Clinical setbacks derailed what was once a potentially $2.2 billion deal that marked GSK's return to neuroscience.

    By • July 9, 2026
  • An AstraZeneca logo stands atop an office building in Shanghai, China.
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    Robert Way via Getty Images
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    China competition

    AstraZeneca, GSK intensify China ties with Sino Biopharm deals

    The U.K. drugmakers added to a series of recent tie-ups with Chinese counterparts amid broader scrutiny of such transactions in the U.S.

    By • July 8, 2026
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    Oberland pours up to $400M into MeiraGTx eye gene therapies

    The funding deal is a vote of confidence in the sales potential of multiple prospects in late-stage development — one of which MeiraGTx recently reacquired from J&J. 

    By • July 7, 2026
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    Vertex to acquire Crinetics in $10B foray into endocrine disease drugs

    Vertex claimed the two drugs in the deal could eventually bring in more than $5 billion annually. Still, the high price it paid stirred debate among analysts and investors.

    By • July 7, 2026
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    News roundup

    BridgeBio gets funding for drug launch; United buys into cell therapy

    Elsewhere, Otsuka’s kidney drug hit the goal of a confirmatory trial and Vertex’s CRISPR sickle cell drug secured expanded approval.

    By BioPharma Dive staff • July 1, 2026
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    Ipsen to buy Swiss biotech Memo Therapeutics in potential $800M deal

    The purchase hands Ipsen an experimental medicine in late-stage testing for a virus that often affects kidney transplant patients.

    By Kristin Jensen • July 1, 2026
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    Theravance, after clinical setbacks, agrees to $929M buyout

    The acquisition by royalty management company Zymeworks follows a "strategic review" triggered by the failure of a drug for a type of low blood pressure.

    By • June 29, 2026
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    Antares gets $105M from Novartis for new cancer drugs

    Adam Friedman, CEO of the Scorpion Therapeutics spinout, said the deal helps both companies accelerate research "faster than either of us could alone."

    By • June 25, 2026
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    Alamy
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    AbbVie to acquire Apogee, staking nearly $11B on long-acting autoimmune drugs

    AbbVie’s largest deal in more than half a decade adds a group of immune disease medications — among them a Dupixent competitor — the company believes to have “mega-blockbuster” sales potential.

    By • June 22, 2026
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    Startup launches

    cAMPfield lands $180M to build gut disease drug

    The biotech is advancing an anti-inflammatory drug that originated with vTv for inflammatory bowel diseases, leaning on a better side effect profile.

    By • June 18, 2026
  • A sign with Biogen's logo sits outside the company's Cambridge, Massachusetts, headquarters on Sept. 5, 2024.
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    Biogen adds more immune drugs in $1B buyout of secretive startup RayThera

    The companies didn’t specify the drugs Biogen is acquiring in the deal, though patents RayThera secured provide important clues. 

    By Kristin Jensen • June 18, 2026
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    Alamy
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    Jazz zeroes in on next-gen T cell engagers with AbCellera deal

    The potentially $4 billion collaboration is the latest example of drugmakers working to broaden the use of T cell engagers, which, so far, have had limited success outside of certain blood cancers.

    By Kristin Jensen • June 17, 2026
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    Pain drugs

    Lilly buys non-opioid pain drugmaker 4E

    It’s the latest in a string of deals for Lilly, which has sunk more than $18 billion into acquisitions over the past few years.

    By • June 16, 2026
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    Summit pulls $500M share sale a day after announcing it

    The developer of a leading PD-1/VEGF cancer drug cited “market conditions” for the cancellation. Its shares have struggled to break out following data milestones.

    By • June 11, 2026
  • A sign with the letters GSK hangs on the side of an office building.
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    GSK boosts cancer pipeline with $11B Nuvalent buyout

    The British drugmaker's third acquisition this year gives it two experimental lung cancer drugs under FDA review that it hopes will support a franchise.

    By • June 9, 2026
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    Roche stakes $700M on Nurix’s protein-degrading drug

    Potentially worth up to $2.3 billion, the collaboration is a bet that drugs able to eliminate the “BTK” enzyme will prove superior to existing medicines that block its activity.

    By • June 8, 2026
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    Incyte to buy blood disorder drug in possibly $2B deal

    Acquiring Vega Therapeutics, an offshoot of "hub-and-spoke" biotech Star Therapeutics, would give Incyte a medicine that’s in late-stage testing and designed to control bleeding.

    By • June 8, 2026
  • An Alnylam logo is displayed on a building in Cambridge, Massachusetts, on Sept. 5, 2024.
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    Alnylam, Inceptive ink AI deal potentially worth $2B

    The RNA-focused drugmaker says Inceptive's tools will help prioritize the best development options as well as speed up the research process.

    By Kristin Jensen • June 4, 2026