The House of Representatives passed H.R. 1, also known as One Big Beautiful Bill, which will restore personal income tax cuts that expired in 2022. However, the bill also restores research and development tax credits, a provision that drew immediate praise from industry.
Medtronic plc revealed plans to spin off its underperforming diabetes unit as a separate public company during its fourth quarter 2025 earnings call on May 21. The company expects to complete the separation within 18 months.
LONDON – Drug discovery specialist Evotec SE has attracted €30 million (US$33.6 million) in venture capital funding for Breakpoint Therapeutics GmbH, a virtual spin-out formed to take forward programs in DNA damage response (DDR).
