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BioWorld - Wednesday, April 22, 2026
Home » Topics » Deals and M&A

Deals and M&A
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Lady wearing Cumulus EEG headset using tablet

Cumulus teams up with UK universities to tackle Alzheimer’s with Fastball test

July 24, 2023
By Shani Alexander
As quicker, more accurate ways to detect dementia becomes ever more urgent, Cumulus Neuroscience Ltd. has teamed up with the Universities of Bath and Bristol in the U.K. to further develop the Fastball electroencephalogram (EEG) test, a diagnostic test for earlier detection of Alzheimer’s dementia. With one in three people born in the U.K. today likely to develop dementia at some point in their lives, early diagnosis and treatment are essential for them to plan for their future.
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Handshake dollar sign

High hopes for hypertension drug zilebesiran as Alnylam signs $2.8B deal with Roche

July 24, 2023
By Caroline Richards
Alnylam Pharmaceutical Inc. hopes to tap into Roche Holding AG’s global footprint with its early-stage hypertension RNAi therapeutic, zilebesiran, selling development and commercialization rights to the pharma giant for up to $2.8 billion with a view to extending the drug’s future reach beyond the U.S market.
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Cross-section of brain

Stroke of luck for Idorsia and failing GPCR drug Pivlaz as Sosei Heptares offers $463M

July 20, 2023
By Caroline Richards
Sosei Heptares is fulfilling its ambition for growth in the Asia-Pacific region by buying the Japanese and South Korea businesses of Swiss biotech Idorsia Ltd. for ¥65 billion (US$463 million), potentially freeing Idorsia from its struggle to prove its stroke drug, Pivlaz (clazosentan), is effective enough to warrant approval in key Western markets.
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Handshake with DNA, molecules

Recludix enters a potential $1.2B deal with Sanofi

July 20, 2023
By Lee Landenberger
Dismissed as undruggable in the early 2000s, Src homology 2 domains are now viable and at the heart of Recludix Pharma Inc.’s new deal with Sanofi SA’s U.S. unit. The two will collaborate on developing and commercializing treatments for immunological and inflammatory diseases. In the near term, Recludix will get $125 million, but long term it could add up to $1.2 billion in milestones. Recludix could also bring in up to double-digit royalties on possible future product sales.
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Woman using eyedrops

Santen sells North American ophthalmic portfolio to Visiox, Harrow

July 19, 2023
By Tamra Sami
Santen Pharmaceutical Co. Ltd. is selling its North American branded ophthalmic portfolio to Visiox Pharma LLC and Harrow Health Inc. in a move to make its global organization as competitive as possible, Santen told BioWorld.
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Dollar sign in light bulb on yellow background

Pfizer banks on Flagship companies for innovation in $7B deal

July 18, 2023
By Karen Carey
Venture firm Flagship Pioneering Inc. and Pfizer Inc. are each investing $50 million in a pact that could result in the development of 10 programs, each worth a potential $700 million in milestones. Altogether, if all products are successfully commercialized, the deal could be worth $7 billion, with milestone money going to Flagship and some of its 45 bioplatform companies.
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Biopharma deals June 2023

M&A value soars with four $1B+ transactions; other deals plunge

July 18, 2023
By Amanda Lanier
The biopharma industry experienced a notable decline in deal values and activity in June 2023, with a 48.51% decrease in deal values and a 43.62% decrease in the number of deals completed compared to the previous June. M&As, however, showed a remarkable 824.59% increase in value year over year in June, thanks to several billion-dollar transactions.
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Genequantum, Aimedbio partner again to develop five more ADCs

July 18, 2023
By Marian (YoonJee) Chu
Another collaboration between two biopharmaceutical companies in the Asia-Pacific region is adding fuel to an already heated fire for antibody-drug conjugate (ADC) development worldwide. Suzhou, China-headquartered Genequantum Healthcare Co. Ltd. and South Korea’s Aimedbio Inc. recently announced extending an existing partnership to jointly develop five ADC investigative drugs.
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Two arrows in opposite directions

TIGIT in troubled waters as Novartis, Beigene end $1B deal for ociperlimab

July 18, 2023
By Marian (YoonJee) Chu
From Roche Holding AG to Novartis AG, bad news abounds for anti-TIGIT immunotherapies. In an SEC filing on July 11, Chinese oncology R&D firm Beigene Ltd. and Basel, Switzerland-based Novartis announced an end to their $1 billion deal to develop the former’s TIGIT immunotherapy ociperlimab, with the checkpoint inhibitor going back to Beigene.
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Neuren, Acadia expand Daybue partnership; global deal worth $527M+

July 18, 2023
By Tamra Sami
Neuren Pharmaceuticals Ltd. and Acadia Pharmaceuticals Inc. have expanded their development and commercialization partnership for Daybue (trofinetide) beyond the U.S. to take the Rett syndrome treatment to the world in a deal valued at $527 million plus royalties.
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