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BMS-Hengrui $15B deal, Takeda 4.5K layoffs, and Daiichi's oncology ambition

Bristol Myers Squibb has agreed to pay Hengrui Pharma up to $15.2 billion, with a $600 million upfront payment and potential milestone payments over time, to advance 13 early-stage oncology, hematology, and immunology programs. Takeda has announced plans to lay off approximately 4,500 employees worldwide as part of a restructuring aimed at improving efficiency and profitability, according to recent reports. Daiichi Sankyo has unveiled a new five-year business plan focused on expanding its oncology portfolio, investing heavily in existing and pipeline oncology drugs to strengthen its position as a global leader in cancer therapeutics.## Sources: BMS inks $15B deal to bag Hengrui assets, tap China's R&D speed Daiichi Sankyo Unveils New Five-Year Business Plan Focused on ... BMS, Hengrui build 13-asset pipeline in $15B+ onco-immune deal China's Hengrui seals US$15.2 billion deal with US pharmaceutical ... Bristol Myers Squibb inks $15.2B drug deal with Hengrui - ...

Drugmakers must disclose U.S. production plans to qualify for tariff exemptions

Aardvark to unblind Phase 3 ARD-101 data early after FDA clinical hold

Biogen advances anti-tau Alzheimer’s drug diranersen despite mixed Phase 2 results

Mochida Pharmaceutical: Notice Concerning Changes in Directors

Tempus Expands Strategic Collaboration with Bristol Myers Squibb to Use AI and Real‑World Data to Improve Clinical Trial Success

Datar Cancer Genetics Announces US FDA Clearance for CellDx-Tissue

Bora snaps up MacroGenics' manufacturing, CDMO operations for up to $127.5M

BeOne's Beqalzi wins FDA accelerated approval as first BCL-2 inhibitor for mantle cell lymphoma

Create Medicines raises $122M to advance in vivo CAR-T programs

Biogen advances Alzheimer’s tau program despite midphase miss

Valneva to cut up to 15% of jobs as reduced travel hits vaccine demand

Recent developments in transforming oversight and risk management in pharma R&D