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Merck Secures $700 Million from Blackstone to Advance Cancer Drug Development

Nov 6, 2025
Merck, known as MSD outside the U.S. and Canada, has entered into a $700 million funding agreement with Blackstone Life Sciences to support the development of sacituzumab tirumotecan…
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Avant Technologies and SGAustria Form Joint Venture to Develop Stem Cell-Based Diabetes Therapy

Nov 6, 2025
Avant Technologies Inc., a Nevada-based corporation, and Singapore-based biotechnology firm SGAustria Pte. Ltd. have announced a Joint Venture and License Agreement to pioneer…
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Cencora to Invest $1 Billion in Expanding U.S. Pharmaceutical Distribution Network by 2030

Nov 6, 2025
Cencora, a leading global pharmaceutical solutions company, has announced plans to invest $1 billion through 2030 to strengthen and expand its pharmaceutical distribution network across…
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Eli Lilly to Invest $3 Billion in New Manufacturing Facility in the Netherlands

Nov 4, 2025
Eli Lilly and Company has announced plans to invest $3 billion in a new state-of-the-art manufacturing facility in Katwijk, the Netherlands, located within the Leiden Bio Science Park.…
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UCB Secures FDA Approval for KYGEVVI, the First-Ever Treatment for Ultra-Rare TK2 Deficiency

Nov 4, 2025
UCB, a global biopharmaceutical company, has received U.S. Food and Drug Administration (FDA) approval for KYGEVVI, a treatment for adults and pediatric patients suffering from…
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IntoCell and Xcellon Biologics Partner to Advance Next-Generation ADC Development and Manufacturing

Nov 4, 2025
IntoCell Inc., a biotechnology company specializing in next-generation payload and linker technologies for antibody–drug conjugates (ADCs), has entered into a strategic collaboration…
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Helex Raises $3.5 Million Seed Round to Advance Gene Therapy for Genetic Kidney Diseases

Oct 31, 2025
Helex, a biotechnology company developing targeted therapies for genetic kidney diseases, has announced the completion of an oversubscribed $3.5 million Seed round led by pi Ventures,…
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FDA Grants Orphan Drug Designation to Dewpoint Therapeutics’ First-in-Class Gastric Cancer Drug

Oct 31, 2025
Dewpoint Therapeutics, a biotechnology company pioneering condensate biology, announced that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation (ODD) to…
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Eli Lilly to Invest $1.2 Billion in Puerto Rico Manufacturing Expansion

Oct 31, 2025
Eli Lilly and Company announced plans to invest over $1.2 billion to expand and modernize its Lilly del Caribe manufacturing site in Carolina, Puerto Rico, strengthening its U.S.…
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Novo Nordisk Makes $6.5 Billion Unsolicited Bid to Acquire Biotech Firm Metsera

Oct 31, 2025
Novo Nordisk has confirmed submitting an unsolicited proposal to acquire U.S.-based Metsera, Inc., a biotechnology company developing early- and mid-stage incretin and non-incretin…
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Press Releases

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