
Veracyte Acquires C2i Genomics to Enhance Cancer Diagnostics
Quick Summary Acquisition Value: Veracyte acquired C2i Genomics for $70 million, with an additional $25 million contingent on performance milestones. Strategic Goal: To expand Veracyte’s
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Quick Summary Acquisition Value: Veracyte acquired C2i Genomics for $70 million, with an additional $25 million contingent on performance milestones. Strategic Goal: To expand Veracyte’s
Quick Summary Partnership Focus: Nvidia, Amgen’s deCode Genetics, and Recursion Pharmaceuticals collaborate to harness AI in drug discovery. Platform: Nvidia’s BioNeMo platform will be used
Quick Summary Trial Result: Eli Lilly’s Taltz (ixekizumab) outperformed Janssen’s Tremfya (guselkumab) in a head-to-head Phase IV study. Primary Outcome: 41% of patients treated with
Quick Summary Key Result: Intellia Therapeutics reports up to an 81% reduction in angioedema attacks for high-dose recipients in its Phase 2 trial. Therapeutic Potential:
Quick Summary Deal Value: Biogen partners with Neomorph in a deal worth up to $1.45 billion. Focus: Development of molecular glue degraders for cancer and
Quick Summary Deal Value: AbbVie acquires Aliada Therapeutics for $1.4 billion. Strategic Focus: Expands AbbVie’s central nervous system (CNS) and oncology capabilities. Therapeutic Goals: Strengthening
Quick Summary Contract Value: $1.24 billion—the largest single contract for Samsung Biologics to date. Client: An Asia-based pharmaceutical company. Production Location: Songdo, South Korea, at
Quick Summary Investment Amount: Agomab Therapeutics raised $89 million in Series D financing. Key Backers: Led by new investors Sanofi and Invus, with participation from
Merck & Co. has acquired Modifi Biosciences, a precision oncology biotech, in a deal that includes a $30 million upfront payment and potential milestones totaling
Novartis’ €2.7 Billion Investment in MorphoSys Hits Setback as Safety Signal Delays Key Drug Filing Novartis’ recent acquisition of MorphoSys aimed to bring promising therapies