By Barbara Obstoj-Cardwell. Editor
M&A featured in last week’s news, with UK pharma major GlaxoSmithKline (GSK) announcing on Tuesday that is buying privately-held vaccine maker Affinivax for up to $3.3 billion, and on Friday the USA’s Bristol Myers Squibb revealed a $4.1 billion offer to acquire Turning Point Therapeutics and its lung cancer candidate repotrectinib. On the research front, US biotech Eledon Pharmaceuticals presented positive Phase IIa results for its investigational amyotrophic lateral sclerosis (ALS) tegoprubart, and Sage Therapeutics, with partner Biogen, released Phase III data on their zuranolone in the treatment of postpartum depression drug. Also, France’s Sanofi and US partner Regeneron have restructured their licensing deal for the immune-oncology drug Libtayo, with Regeneron gaining worldwide exclusive rights.
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