By Barbara Obstoj-Cardwell. Editor
Last week saw the third M&A deal this year, with Sanofi announcing it proposes to buy UK immuno-oncology focussed biotech firm Kymab in a deal worth up to $1.45 billion. US pharma major Eli Lilly pleased the Alzheimer’s community, coming up with encouraging Phase II results for its candidate donanemab. Also, Swiss pharma giant Novartis entered into a license deal with Sino-American firm BeiGene to expand its immune-oncology portfolio.
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