Merck offered $3B to buy MoonLake: FT

Today’s Big News

Jun 3, 2025

'Our data is resonating far more with the people that matter,' Bicara CEO says amid Merus race


FDA, facing 4% budget cut, launches generative AI tool Elsa a month ahead of schedule


Merck made $3B-plus offer for MoonLake—and could revive interest in late-phase biotech: FT


Trump's proposed cuts to federal cancer research 'threaten all we have gained': ASCO CEO


Kura, Kyowa reveal 23% remission rate behind oral leukemia drug's phase 2 win


Ernexa's 'Trojan Horse' stem cell therapy shrinks ovarian tumors in mice


Transpire follows in Boehringer's footsteps by licensing PDE4 inhibitor for lung disease


OSE shares 65% overall survival rate behind therapeutic cancer vaccine's phase 2 win 

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Featured

'Our data is resonating far more with the people that matter,' Bicara CEO says amid Merus race

Several analysts are hailing Merus as the sure winner in the race to a new treatment for head and neck squamous cell carcinoma. But the chase is still in its early days and is likely too soon to call.
 

Top Stories

FDA, facing 4% budget cut, launches generative AI tool Elsa a month ahead of schedule

Almost a full month before hitting the June 30 deadline set by Commissioner Martin Makary, M.D., the FDA has unveiled a new generative AI tool meant to be incorporated into day-to-day work across the agency.

Merck made $3B-plus offer for MoonLake—and could revive interest in late-phase biotech: FT

Barreling toward the loss of exclusivity on Keytruda, Merck & Co. has reportedly offered $3 billion to buy MoonLake Immunotherapeutics to add an inflammatory disease prospect to its late-phase pipeline.

Precision medicine’s next frontier: unlocking the power of biospecimens

Austin Read of Thermo Fisher Scientific discusses how combining biospecimens with real-world data is advancing diagnostics, treatment and the future of patient care.

Trump's proposed cuts to federal cancer research 'threaten all we have gained': ASCO CEO

The Trump administration's proposed funding cuts to the National Institutes of Health, including the National Cancer Institute, “would be devastating to the pace and progress of cancer research in America” if they are implemented, the CEO of the American Society of Clinical Oncology said in a May 30 statement.

Avoiding Costly Clinical Trial Delays Takes More Than Breaking Down Silos

When clinical trial steps are managed separately, the study suffers from compounded delays. Discover proven solutions from trusted industry experts.

ASCO: Kura, Kyowa reveal 23% remission rate behind oral leukemia drug's phase 2 win

Kura Oncology and Kyowa Kirin have shared details of the phase 2 win for their oral leukemia treatment ziftomenib as the FDA mulls whether to greenlight the selective menin inhibitor.

Forging the future of cell therapy: Bayer and BlueRock’s unique journey

Discover how Bayer and BlueRock are redefining biotech partnerships. From breakthrough Parkinson’s therapies to a unique “arm’s-length” model, this episode of The Top Line dives into what makes their collaboration a blueprint for the future.

ASCO: Ernexa's 'Trojan Horse' stem cell therapy shrinks ovarian tumors in mice

Ernexa Therapeutics’ “Trojan Horse” stem cells can infiltrate ovarian tumors in mice, boosting T cell activity and leading to shrunken tumors and improved survival, the company announced in a June 2 presentation at the American Society of Clinical Oncology Annual Meeting in Chicago.

Delivering the Future of Radiopharmaceuticals with Precision

Radiopharma is revolutionizing modern medicine. Discover how precision logistics empowers faster, safer delivery of life-impacting therapies when every second counts.

Transpire follows in Boehringer's footsteps by licensing PDE4 inhibitor for lung disease

Transpire Bio has licensed an inhaled PDE4 inhibitor from China’s Intragrand Pharma as a potential treatment for idiopathic pulmonary fibrosis, investigating a target already being pursued by Boehringer Ingelheim.

ASCO: OSE shares 65% overall survival rate behind therapeutic cancer vaccine's phase 2 win

OSE Immunotherapeutics has shared the survival data behind its therapeutic vaccine’s phase 2 pancreatic cancer win, backing up its claims of a “pipeline in a product” potential for the asset.

ASCO: J&J's Akeega gives PARP a novel prostate cancer win, but FDA path in patient subset unclear

Johnson & Johnson’s Akeega is giving the PARP inhibitor class a first win in castration-sensitive prostate cancer, although the drug’s benefit in a patient subgroup remains unclear.

ASCO: Bristol Myers CMO brushes off LAG-3 concern in lung cancer after Opdualag's adjuvant melanoma flop

Despite its success in advanced melanoma, Bristol Myers Squibb’s fixed-dose PD-1/LAG-3 combo, Opdualag, failed to move the needle in resected skin cancer.

Agenus transfers pair of CA production plants to Zydus as part of $141M partnership

Agenus, which has been going through a reorganization after the FDA put the brakes on the biotech's regulatory plan for its cancer combo, inked a deal that transfers two California manufacturing plants to Indian drugmaker Zydus Lifesciences.

ASCO: Sanofi shows investigational Sarclisa SC, delivered by on-body device, measures up to its IV formulation

Sanofi’s Sarclisa has had difficulty competing with Johnson & Johnson’s Darzalex, largely because it reached the market five years later. But one advancement that could help Sanofi close some of the gap is its on-body delivery system for its CD38 antibody.

H1 buys Veda to build out its data automation solutions for health plans

The acquisition tackles one of healthcare's most vexing challenges: ensuring accurate information about doctors is available so patients can find the right care, said H1 CEO Ariel Katz.
 
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Biopharma briefing: Q1 trends, gene therapy updates and ASCO preview

This week on "The Top Line," we break down first-quarter Big Pharma earnings, recap the latest gene therapy developments and preview what’s ahead at ASCO.
 

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Building Peak Performance Go-to-Market Operations

We analyzed ~300 launches to identify the factors most correlated with commercial success & built a framework for peak go-to-market performance.
 

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