Deal Watch: Immuno-Oncology Double-Header At Bristol With Rigel, Flexus Deals
• By Lisa LaMotta, Sten Stovall, Deanna Kamienski, and Amanda Micklus
Valeant jumps back into M&A, acquiring Salix after wholesale inventory issues discouraged other potential buyers. Merck more or less options a pipeline with its five-year R&D collaboration with NGM Pharma.
“The Pink Sheet” regularly provides coverage of noteworthy biopharmaceutical business deals. Here is a roundup of the most significant deals that occurred between Feb. 20-26.
Advanz Pharma would have had to show that the European Commission’s decision to revoke Ocaliva’s conditional marketing approval risked causing serious and irreparable harm, according to lawyers from Van Bael & Bellis.
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Japan is cutting more drug reimbursement prices following cost effectiveness analysis and is applying the methodology to a new group of products including Wegovy and Leqembi.
Bridget Dooling, a law school professor who reviewed draft regulations from the FDA and other agencies as an OMB attorney, said prior federal court decisions suggest judges typically defer to agency decisions based in science.
The new CBER director, once best known in the pharma world for criticizing accelerated approval, committed to expediting cancer drugs with surrogate endpoints.