Fierce Pharma April 26, 2024
Novartis has started cutting ties with Chinese contractors amid a potential threat from the BIOSECURE Act. Neurocrine Biosciences is considering moving a depression drug candidate licensed from Takeda into phase 3 testing. AstraZeneca and Daiichi Sankyo’s Enhertu is on the cusp of an important readout in HER2-low breast cancer. And more.
As the BIOSECURE Act threatens to block certain biotech equipment and service providers from China, Novartis has begun cutting ties with Chinese contractors. The company will mitigate the impact from the proposed legislation “in a very reasonable time frame” so that “by the time this comes into effect, we will have no exposure from our planning,”...