The week in pharma: action, reaction and insight – week to April 15, 2022
By Barbara Obstoj-Cardwell. Editor
Among notable news last week, US biotech Seagen won a $41.8 million award through a US District Court ruling in its patent dispute with Japan’s Daiichi Sankyo over cancer drug Enhertu. USA-based Veru scored a big hit with Phase III data for its COVID-19 treatment candidate sabizabulin. On the M&A front, UK pharma major GlaxoSmithKline last Wednesday announced a $1.9 billion acquisition of Sierra Oncology, along with its myelofibrosis candidate momelotinib. Also announcing an M&A deal last Wednesday was specialty pharma company Halozyme Therapeutics, with a $960 million bid for Antares Pharma.
Seagen prevails n Texas lawsuit setting stage for arbitration decision
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