The week in pharma: action, reaction and insight – week to May 3, 2024

5 May 2024

By Barbara Obstoj-Cardwell. Editor

M&A news featured again last week, first with Japan’s Ono Pharmaceutical announcing a $2.4 billion takeover of US oncology focused Deciphera Pharmaceuticals, and then Swiss pharma giant Novartis revealing that is acquiring US biotech start-up Mariana Oncology for up to $1.75 billion to expand its radioligand therapy portfolio. Also of note, Italy’s Newron Pharmaceuticals released positive new Phase II/III data for its schizophrenia candidate evenamide. And, US pharma giant Pfizer presented strong first-quarter 2024 financial results, despite significant loss of revenue from covid-related products.

Ono Pharma to acquire Deciphera

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