The world of pharmaceuticals continued to witness large deals. Merck announced a US$ 10 billion acquisition of Verona Pharma, gaining access to a US-approved inhaled chronic obstructive pulmonary disease (COPD) drug, Ohtuvayre. Summit Therapeutics and AstraZeneca are reportedly negotiating a licensing deal worth up to US$ 15 billion for the former’s promising bispecific lung cancer drug. And Chugai Pharmaceutical has struck a potential US$ 1 billion collaboration with AI-driven biotech Gero to discover new therapies for age-related diseases.Dizal Pharmaceutical received accelerated approval from
the US Food and Drug Administration (FDA) for Zegfrovy, the first pill that
targets a rare and tough-to-treat mutation in lung cancer (known as EGFR exon
20 insertion mutations), giving new hope to patients.KalVista Pharmaceuticals won FDA approval for Ekterly, the
first oral, on-demand treatment for hereditary angioedema, offering patients a
convenient, fast-acting alternative to injectable therapies.After threatening to impose tariffs on imported drugs back in February, US President Donald Trump is now giving drugmakers over a year to “get their act together”. Post that, imported drugs could face 200 percent taxes, he said.Novartis faced setback as its blockbuster Cosentyx failed a phase 3 trial in giant cell arteritis. However, the Swiss drugmaker notched a regulatory win in its homeland with the approval of Coartem Baby, the first antimalarial therapy specifically designed for newborns. And Taiho Pharmaceutical’s experimental treatment for Duchenne muscular dystrophy (DMD) fell short in a late-stage trial.Merck set to acquire Verona
for US$ 10 bn, to gain its FDA-approved COPD drugAmerican
pharmaceutical giant Merck is set to acquire London‑based Verona Pharma for approximately US$ 10 billion. Verona’s flagship product, Ohtuvayre (ensifentrine), an FDA-approved, inhalable, non-steroid maintenance treatment for COPD, generated over 96 percent of the company’s revenue (US$ 76 million) in the first quarter of this year. Analysts estimate it
could reach peak annual sales of nearly US$ 4 billion by the mid‑2030s.The acquisition aligns with Merck’s strategy to diversify ahead of the 2028 patent expiration of its cancer blockbuster, Keytruda (pembrolizumab), which earned
nearly US$ 30 billion in 2024. This will be Merck’s largest acquisition since its US$ 10.8 billion Prometheus Biosciences deal in 2023.Astra reportedly in talks for
US$ 15 bn licensing deal with Summit for its cancer drugSummit Therapeutics and AstraZeneca are reportedly in discussions for a licensing agreement
concerning ivonescimab, an experimental lung cancer drug, potentially valued at
up to US$ 15 billion. The deal structure under consideration includes an upfront payment of several billion dollars to Summit, with additional milestone-based payments contingent upon regulatory approvals, commercialization, and sales targets.Meanwhile,
Japanese drugmaker JCR Pharmaceuticals has entered into a license agreement
with AstraZeneca’s rare disease unit Alexion for JCR’s adeno-associated virus (AAV) capsids. Under the terms of the agreement, Alexion may use the licensed capsids in up to five of Alexion's genomic medicines programs. The deal is potentially worth up to US$ 825 million.Dizal’s oral therapy okayed for hard-to-treat lung cancer: FDA has granted accelerated approval to Zegfrovy (sunvozertinib), developed by Dizal Pharmaceutical, for the treatment of adults with locally
advanced or metastatic non-small cell lung cancer (NSCLC) harboring EGFR exon
20 insertion mutations. This approval is specifically for patients whose
disease has progressed on or after platinum-based chemotherapy. Zegfrovy is the only FDA-approved targeted oral therapy for NSCLC patients with EGFR exon 20 insertion mutations.FDA okays KalVista’s oral drug for fatal swelling disorder after missing target dateKalVista Pharmaceuticals has secured FDA approval for Ekterly (sebetralstat), marking the first-ever oral, on‑demand treatment for hereditary angioedema (HAE), a rare and potentially fatal swelling disorder. The agency’s green light followed a month‑long review delay, attributed to “heavy workloads and limited resources” at the FDA. Ekterly offers a substantial improvement over bulky injectables, with analysts describing it
as transformative for HAE care.Label update for Lilly’s Kinsula: FDA
has approved a label update for Eli Lilly’s Kisunla (donanemab) to
allow a more gradual dosing of this Alzheimer’s drug, thereby lowering the risk of a potentially dangerous type of brain swelling. Kisunla, given as a monthly infusion, was approved by the FDA in July 2024 for adults with early-stage Alzheimer’s disease.Chugai inks deal with
AI-driven biotech Gero for age-related disease targetsRoche‑backed Chugai Pharmaceutical and Singapore‑based AI‑driven biotech Gero have launched a joint research and licensing agreement
targeting age‑related diseases in a deal valued at up to US$ 1 billion. The partnership harnesses Gero’s machine learning platform — trained on large-scale human datasets — to uncover novel therapeutic targets. Chugai will provide an undisclosed upfront payment followed by up to US$ 250 million in milestone payments tied to development and sales achievements.Trump hints at 200 percent
tariffs on imported drugs after 18 monthsAfter threatening to impose tariffs on imported drugs back in February, the US President Donald Trump is now open to giving drugmakers some time to “get their act together”. Post that, imported pharma products could face 200
percent taxes. “We’re going to give people about a year, a year and a half to come in and, after that, they’re going to be tariffed…they’re going to be tariffed at a very, very high rate, like 200 percent,” Trump warned. Novartis’ blockbuster antibody fails late-stage trial for artery diseaseNovartis’ blockbuster drug Cosentyx (secukinumab) has failed to meet the primary endpoint in its phase 3 trial for
treating giant cell arteritis (GCA), a serious inflammatory condition affecting arteries primarily in individuals over the age of 50. The trial did not demonstrate a statistically significant improvement in achieving sustained remission at week 52 for patients with newly diagnosed or relapsing GCA when compared to placebo.Swissmedic okays antimalarial
med for newborns: Switzerland’s medical regulator, Swissmedic, has granted approval to Coartem Baby (artemether-lumefantrine), also known as
Riamet Baby, making it the first antimalarial therapy designed specifically for infants weighing between 2 kg and 5 kg.
The therapy has been developed by Novartis and Medicines for Malaria
Venture.Taiho’s DMD candidate fails in phase 3 trial: Taiho Pharmaceutical’s investigational therapy for Duchenne muscular
dystrophy (DMD), known as TAS-205 or pizuglanstat, did not meet its primary endpoint in a late-stage trial conducted in Japan. The study aimed to assess the efficacy of TAS-205 in improving motor function.
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