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Grafa

Agios licenses oral blood disorder drug from Oscotec in $165M deal

Agios Pharmaceuticals (NASDAQ:AGIO) has acquired an exclusive global license for Oscotec's cevidoplenib, an experimental oral treatment for a rare blood disorder, betting the asset can capture up to $1 billion in peak U.S. sales despite recently missing the main goal of a mid-stage trial.

Read more: Agios licenses oral blood disorder drug from Oscotec in $165M deal
Grafa

Moderna and CEPI expand alliance with $50M for new ebola vaccine

Moderna (NASDAQ:MRNA) has expanded its strategic collaboration with the Coalition for Epidemic Preparedness Innovations (CEPI) to accelerate the development of an experimental vaccine targeting the Bundibugyo ebolavirus strain, an aggressive cause of Ebola virus disease for which there are currently no approved or licensed immunizations.

Read more: Moderna and CEPI expand alliance with $50M for new ebola vaccine
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Oil and Gas

Oil surges past $94 after U.S. strikes Iran and Israel deepens Lebanon incursion

Oil prices climbed sharply in early Asian trading on Monday as a significant escalation of military activity across the Middle East intensified fears of a prolonged disruption to global energy supplies, overshadowing weak economic indicators from China.

Read more: Oil surges past $94 after U.S. strikes Iran and Israel deepens Lebanon incursion
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Auto and cars

Uber and Autobrains partner with Nvidia to launch Munich robotaxi fleet

Uber Technologies (NYSE:UBER) and Israel-based autonomous vehicle technology developer Autobrains announced on Monday a joint initiative to launch a commercial robotaxi program in Munich, marking an expansive push to scale autonomous ride-hailing infrastructure across Europe.

Read more: Uber and Autobrains partner with Nvidia to launch Munich robotaxi fleet
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Johnson & Johnson’s Tecvayli delivers superior survival outcomes in blood cancer trial

Johnson & Johnson (NYSE:JNJ) reported positive late-stage clinical data for its blood cancer therapy Tecvayli (teclistamab-cqyv), demonstrating significant improvements in survival metrics for patients with relapsed or refractory multiple myeloma.

Read more: Johnson & Johnson’s Tecvayli delivers superior survival outcomes in blood cancer trial
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Bristol Myers drug halves risk of myeloma progression in pivotal trial

Bristol Myers Squibb (NYSE:BMY) announced positive late-breaking results from its Phase 3 SUCCESSOR-2 clinical trial, demonstrating that its experimental oral therapy mezigdomide significantly extends the time patients with relapsed or refractory multiple myeloma live without their disease worsening.

Read more: Bristol Myers drug halves risk of myeloma progression in pivotal trial
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Pfizer’s Lorbrena shows historic seven-year survival advantage in lung cancer trial

Pfizer (NYSE:PFE) announced unprecedented seven-year follow-up results from its Phase 3 CROWN trial, revealing that its oncology drug Lorbrena significantly extended progression-free survival in patients with a specific, aggressive form of lung cancer.

Read more: Pfizer’s Lorbrena shows historic seven-year survival advantage in lung cancer trial
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Agios discontinues tebapivat program in lower-risk myelodysplastic syndromes after Phase 2b trial fails

Agios Pharmaceuticals (NASDAQ:AGIO) announced that it will discontinue the clinical development of its investigational oral therapy tebapivat for lower-risk myelodysplastic syndromes (LR-MDS) after a Phase 2b study failed to meet its predefined threshold for advancement.

Read more: Agios discontinues tebapivat program in lower-risk myelodysplastic syndromes after Phase 2b trial fails