Drug Development

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Layoffs as Sage Therapeutics reshuffles CNS pipeline

By Jonathan Smith

Less than a month after the U.S. Food and Drug Administration (FDA) gave its antidepressant drug zuranolone (Zurzuvae) a mixed welcome, Sage Therapeutics has launched plans to reorganize its operations by refocusing its drug development efforts and laying...

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Danaher acquires Abcam shares in deal worth $5.7BN

By Liza Laws

Danaher is to acquire Abcam for $24 per share - a total enterprise value of approximately $5.7 billion representing approximately 40% more than Abcam's undisclosed share prices in May.

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Big pharma companies team up to increase diversity in genome data

By Jonathan Smith

The pharma giants AbbVie, Amgen, AstraZeneca, Bayer and Merck have been revealed as founding members of the Alliance for Genomic Discovery (AGD), a project aiming to accelerate drug development by collecting genomic data from underrepresented populations.

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