Business & Industry

Boehringer Ingelheim Launches New AI R&D Centre in London

Yuvraj — Tue, 21 Apr 2026 13:39:53 +0000

Boehringer Ingelheim has introduced a new artificial intelligence (AI) and machine learning (ML) facility in London, strengthening its efforts to integrate advanced technologies into pharmaceutical research. The AI R&D centre will focus on applying AI models to support the discovery and development of targeted medicines, particularly for patients with unmet medical needs. Located in King’s […]

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Eli Lilly Kelonia Acquisition Advances in $2B Deal Talks

Yuvraj — Tue, 21 Apr 2026 05:47:56 +0000

Eli Lilly and Company is in advanced discussions to acquire Kelonia Therapeutics for more than $2 billion, according to a report by The Wall Street Journal. The report, citing people familiar with the matter, indicates that a deal could be finalized as early as Monday and may include additional payments tied to the achievement of […]

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FDA Advisory Panel to Assess Oversight of Peptide Substances

Yuvraj — Fri, 17 Apr 2026 12:18:52 +0000

The U.S. Food and Drug Administration is preparing to revisit its stance on a group of peptide substances, as its Pharmacy Compounding Advisory Committee schedules a summer meeting that could influence how these products are regulated. The FDA advisory panel is set to evaluate whether certain peptides currently restricted from compounding use should be reconsidered, […]

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PacBio, Covaris Advance HiFi Sequencing Workflow for FFPE

Yuvraj — Fri, 17 Apr 2026 06:09:06 +0000

A new integrated approach to long-read sequencing of archived tissue samples has been introduced through a collaboration between PacBio and Covaris, with the workflow set to be presented at the American Association for Cancer Research Annual Meeting. The jointly developed solution combines Covaris’ extraction capabilities with PacBio’s sequencing technologies to enable a seamless transition from […]

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Lilly Acquires CrossBridge to Expand Next-Gen ADC Pipeline

Yuvraj — Thu, 16 Apr 2026 10:09:30 +0000

Eli Lilly and Company has entered into an agreement to acquire all outstanding shares of CrossBridge Bio in a transaction valued at up to $300m, structured through an upfront payment and additional milestone-based compensation linked to development progress. The deal centres on strengthening Lilly’s oncology pipeline, with a particular focus on advancing next-generation antibody-drug conjugates […]

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AbbVie Secures $745M Haisco Deal to Expand Pain Drug Pipeline

Yuvraj — Thu, 16 Apr 2026 10:05:22 +0000

AbbVie has entered into a global licensing agreement with China-based Haisco Pharmaceutical valued at up to $715 million, aiming to strengthen its presence in pain therapeutics. The Haisco deal grants AbbVie exclusive rights to develop, manufacture, and commercialize multiple investigational compounds worldwide, excluding mainland China, Hong Kong, and Macau. These assets, spanning preclinical through Phase […]

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Aragen ChemiSHE Lab Launch Strengthens Women in Pharma R&D

Yuvraj — Thu, 16 Apr 2026 06:05:30 +0000

Aragen has introduced ChemiSHE, positioning it as India’s first chemistry synthesis laboratory fully operated and led by women scientists. The facility was inaugurated on 8 April 2026 at the company’s Mallapur campus in Hyderabad, marking a targeted step by the global Contract Research, Development, and Manufacturing Organization (CRDMO) to advance gender diversity within its scientific […]

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Novo Nordisk OpenAI Partnership Accelerates Drug Development

Yuvraj — Wed, 15 Apr 2026 12:24:16 +0000

Danish pharmaceutical major Novo Nordisk has entered into a strategic collaboration with OpenAI to embed artificial intelligence across its drug development operations, with the stated goal of accelerating the delivery of new treatments. Announced on Tuesday, the initiative is designed to strengthen the company’s ability to identify and advance therapies more efficiently, particularly in areas […]

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Regeneron Telix Radiopharma Deal Targets Cancer Therapies

Yuvraj — Wed, 15 Apr 2026 05:04:32 +0000

Regeneron Pharmaceuticals has entered into a strategic agreement with Telix Pharmaceuticals to jointly develop next-generation oncology treatments, in a deal valued at up to $2.1 billion in milestone payments. The radiopharma collaboration will combine Regeneron’s antibody-based discovery capabilities with Telix’s isotope delivery platforms, targeting multiple solid tumor indications. Both companies will equally share development costs […]

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Drug Manufacturing Deals Shift to Europe Despite Tariffs

Yuvraj — Sat, 11 Apr 2026 08:39:47 +0000

Biopharma companies are continuing to redirect production strategies toward Europe, even as U.S. policymakers attempt to strengthen domestic output through tariffs and onshoring measures. According to GlobalData, the latest data highlights a clear divergence in deal activity, with drug manufacturing deals increasingly favoring European markets over the United States. The shift underscores how companies are […]

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