The Vault · 2026-03-25 13:57:30 · STAT News
Merck is making a major strategic move to fortify its oncology portfolio, announcing its intent to acquire Terns Pharmaceuticals for $6.7 billion. The deal, priced at $53 per share, represents a 6% premium over Terns' recent closing price and centers on the promising leukemia drug TERN-701. Terns' stock had already sur...
The Vault · 2026-03-26 23:27:07 · STAT News
Eli Lilly's chief dealmaker, Jake van Naarden, is operating at an intense pace, signaling a potential surge in strategic activity that could reshape the biopharma landscape. His relentless schedule is a key indicator of the competitive pressure and capital deployment underway at one of the industry's most influential p...
The Lab · 2026-04-20 22:52:25 · STAT News
At the American Association for Cancer Research (AACR) annual meeting, a bold and potentially controversial clinical strategy is taking center stage. Investigators from the Dana-Farber Cancer Institute presented early-phase data showing a deep response when using the CAR-T therapy Carvykti to treat patients with smolde...