Fierce Pharma July 12, 2024
After a break for the Fourth of July holiday in the U.S., we’re back with two weeks’ worth of biopharma news from Asia. During that time, Bristol Myers Squibb returned Eisai’s FRα-targeted antibody-drug conjugate. In addition, Takeda telegraphed plans to lay off 220 employees in Massachusetts, while U.S. House Speaker Mike Johnson pledged a full floor vote on the BIOSECURE Act this year.
1. BMS axes Eisai ADC pact 3 years after paying $650M for would-be Elahere rival
Bristol Myers Squibb has ended its bet on Eisai’s FRα-targeted antibody-drug conjugate, farletuzumab ecteribulin (MORAb-202), which is a potential competitor to AbbVie’s newly bought Elahere. The deal included $460 million upfront, $200 million in R&D support and up to $2.5 billion in...
Today's Sponsors
Today's Sponsor