'Not a cost-cutting exercise': Novo Nordisk CSO explains rationale behind pharma's R&D shake-up
Sanofi pays $600M upfront for Dren Bio's bispecific in latest immunology play
Elevation drops sole clinical-stage ADC over poor phase 1 data, lays off 70% of staff
Cell therapy biotech Century Therapeutics axes cancer trial, turns to autoimmune
Monte Rosa's broad molecular glue degrader plan comes unstuck, but prostate cancer work continues
BioNTech passes on Autolus’ CD19/CD22 CAR-T amid pipeline prioritization
UK cell therapy biotech lays off 25% of staff, turns to tool development over therapeutics