Pharmaceuticals

Competition watchdog seeks public feedback on Zuellig Pharma-Eli Lilly deal

Pact includes Zuellig Pharma getting exclusive rights to make erectile dysfunction drug Cialis in Singapore

The transaction will strengthen Novartis’ presence in the market of immunology in food allergy.

Novartis to buy US-based biotech firm Excellergy for up to US$2 billion

The transaction is expected to close in the second half of 2026

Pfizer secured China rights to the therapy from local startup Hangzhou Sciwind Bioscience in a US$495 million deal in late February.

Pfizer secures China nod for obesity drug as generics loom

Pfizer now enters a field dominated by multinational rivals

Executives of Gilead have made it clear the company is hunting for deals to supplement its core portfolio of antivirals into cancer and other areas.

Gilead to buy US biotech Arcellx for up to US$7.8 billion

The US drugmaker seeks to boost its cancer drug pipeline

Walgreens plans to shutter fewer than 100 locations this year, fewer than previously planned, and open four new ones, a company spokesperson says.

Walgreens cuts hundreds of jobs after private equity buyout

The pharmacy chain is also slowing down its store closures

The deals include agreements with Eli Lilly and Novo Nordisk to slash the prices of popular GLP-1 weight-loss drugs.

Trump unveils TrumpRx discounted drugs website

The website is targeted at consumers looking to buy drugs without using insurance

The nation faces the second-highest burden of diabetes globally, after China, according to Lancet.

India to spend 100 billion rupees to make biopharma production hub

The funding will be directed towards the research and production of biologics and biosimilar medicines

The FDA PreCheck programme, first announced in August, aims to streamline review of domestic pharmaceutical plants and eliminate unnecessary regulatory requirements.

US FDA launches programme to boost domestic drug manufacturing

It’s in line with President Donald Trump’s executive order in May to shift manufacturing of drugs to the US

In 2024, China’s National Medical Products Administration approved 83 new drugs, a 12% year-on-year increase, significantly outpacing the US Food and Drug Administration’s 50 novel medicines.

How China rewrote the rules of drug innovation

In an era where AI-driven drug discovery accelerates candidate generation faster than traditional systems can evaluate them, regulatory velocity becomes a binding constraint

To promote growth, Hisamitsu is stepping up overseas expansion as it faces intensifying competition at home.

CEO of Salonpas maker seeks to take the 450 billion yen drug firm private

The Japanese government has been promoting cheaper generic medicines and pushing drugmakers to cut prices as its population ages