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Insilico Medicine signs $200m AI drug discovery deal
Asia
Hong Kong-based Insilico Medicine has agreed an artificial intelligence breast cancer drug discovery partnership worth a potential $200 million with a Chinese pharmaceutical company.   10 October 2019
J&J invests $500m into global HIV and TB treatment
Big Pharma
Johnson & Johnson has committed $500 million to research and development programmes over the next four years in a bid to eliminate HIV and tuberculosis across the world by 2030.   10 October 2019
CMA alleges collusion allowed 1,800% hike in Aspen drug pricing
Big Pharma
African drugmaker Aspen was able to increase its prices for fludrocortisone acetate tablets by 1,800% in the UK, as a result of collusion with two other firms, according to the UK’s Competition and Markets Authority.   9 October 2019
Americas
California has become the first US state to ban pay-for-delay deals in the pharmaceutical industry.   9 October 2019
Big Pharma
The English High Court has sided with pharmaceutical company Vectura and Novartis-owned Sandoz in a passing off lawsuit brought by rival GSK.   8 October 2019
Americas
The US Court of Appeals for the Federal Circuit last week reversed a Patent Trial and Appeal Board decision, which found that claims in an OSI Pharmaceuticals patent for cancer treatment were obvious.   7 October 2019
Big Pharma
A US subsidiary of Chinese genome sequencing company BGI has filed a patent infringement counterclaim against Illumina.   4 October 2019
Americas
LSX World Congress USA brings life sciences investment and partnering to Boston.   4 October 2019
Americas
Goldfinch Bio, a US company focused on developing treatments for kidney disease, has agreed to license a cannabinoid receptor 1 antibody from Japanese pharmaceutical manufacturer Takeda.   4 October 2019
Big Pharma
Novartis has teamed with Microsoft to launch a new artificial intelligence innovation lab, which it says has the potential to “transform” and “reimagine” medicine.   3 October 2019