Roche, Sarepta Sign $2.85-Bn Licensing Deal for Gene Therapy
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Roche has signed a licensing agreement, worth up to $2.85 billion ($1.15 billion upfront), with Sarepta Therapeutics, a Cambridge, Massachusetts-based biopharmaceutical company, to provide Roche with exclusive commercial rights outside…

Sumitomo Dainippon, Roivant Sciences Complete $3-Bn Strategic Alliance
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Sumitomo Dainippon Pharma and Roivant Sciences, a technology-enabled healthcare company, have completed a deal to form their previously announced strategic alliance and have formed a new company, Sumitovant Biopharma, in…

Amgen Acquires Equity Stake in BeiGene for $2.8 Bn; Forms Strategic Pact in China
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Amgen has acquired an equity stake in BeiGene, a Beijing-based pharma company, for $2.8 billion and formed a strategic oncology-drug pact with BeiGene in China and globally. The companies had…

Global Pharma Briefs: News from Europe, Asia and the US
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A roundup of developments and latest news from Germany (AstraZeneca, Cheplapharm), India (Sun Pharmaceuticals), United States (Amneal, Eli Lilly and Company, Sanofi). Germany AstraZeneca Completes Agreement with Cheplapharm for Seroquel…

AbbVie and Scripps Research to Collaborate for Drug Development
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AbbVie has formed a collaboration to develop new therapies for a range of diseases in therapeutic areas of oncology, immunology, neurology and fibrosis with Scripps Research, a non-profit biomedical research…

Amgen Partners for Outcomes-Based Reimbursement for Blockbuster Enbrel
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Amgen has formed an outcomes-based contract with Abarca, a pharmacy benefit manager (PBM), for Amgen’s blockbuster, Enbrel (etanercept), an anti-inflammatory drug. Under the agreement, Amgen will issue rebates to Abarca’s…

AbbVie, Harpoon Therapeutics in $820-Million Deal for Immunotherapies
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AbbVie has signed two agreements with Harpoon Therapeutics, a clinical-stage immunotherapy company, in deals worth up to $820 million involving the discovery and development of T cell engagers targeting both…

Global Pharma Briefs: News from Europe, Asia and the US
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A roundup of developments and latest news from China (Dollar Tree), Germany (Bayer), India (Zydus Cadila), and the United States (Entera Bio, Torrent Pharma). China FDA Issues Warning Letter to…

Novo Nordisk, Dicerna in $675-M-Plus Deal for RNAi Therapies
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Novo Nordisk and Dicerna Pharmaceuticals, a biopharmaceutical company specializing in ribonucleic acid interference (RNAi) therapies, have formed a collaboration to discover and develop therapies for treating liver-related cardio-metabolic diseases, in…

AstraZeneca To Create New R&D and AI Centers, $1-Bn Joint Fund in China
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AstraZeneca has announced three large-scale initiatives in China to advance global research and development (R&D) for innovative new medicines. The company is creating a new global R&D center and an…