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Amgen sells its Turkish manufacturing arm for $135M

Amgen, which has been beefing up its U.S. manufacturing operations, sold its stake in Turkey’s oldest pharmaceutical company Gensenta to the Eczacıbaşı Group for...

Pfizer and BioNTech announce new $3.2 billion agreement to supply the COVID-19 vaccine to the US

Pfizer Inc. and BioNTech SE announced today a new vaccine supply agreement with the U.S. government, according to which the U.S. government will receive...

Sanofi to cut out-of-pocket insulin costs to $35 for U.S. patients

French drugmaker Sanofi  said on Wednesday uninsured diabetes patients in the United States will pay no more than $35 for 30-day supply of insulin,...

Fujifilm plans a $1.6 billion expansion at CDMO facilities in Denmark and Texas

Fujifilm isn’t slowing down on its expansion roll. Just a few months after it bought Shanandoah Biotechnology for an undisclosed sum, the Japanese conglomerate...

Spero Therapeutics plummets 15% as FDA rejects new drug application

Spero Therapeutics , Inc. shares plunged around 15% after-hours following the company’s announcement, according to which the U.S. Food and Drug Administration (FDA) had...

Sutro Biopharma shares soar 67% due to cooperation with Astellas in cancer treatment

Sutro Biopharma Inc. shares leaped 67% to $7.24 a share in U.S. after-hours trading after the South San Francisco biotech company said it is...
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