
Biotech Business - June 5, 2025
Alvotech enters collaboration with Dr. Reddy’s
Alvotech and Dr. Reddy’s Laboratories have entered into a collaboration and license agreement to co-develop, manufacture and commercialize a biosimilar candidate to Keytruda (pembrolizumab) for global markets.

Biotech Business - May 27, 2025
XOMA Royalty purchases royalty and milestone rights held by BioInvent
XOMA Royalty has purchased the future mezagitamab (TAK-079) royalty and milestone interests held by BioInvent for USD 20 million at closing, with a total transaction of up to USD 30 million.

Biotech Business - May 27, 2025
Hansa Biopharma plans restructuring
The planned restructuring would result in an approximately 20% reduction in the current workforce.

Biotech Business - May 27, 2025
Alligator Bioscience announces European orphan drug designation
The European Commission has granted orphan drug designation (ODD) to HLX22, an anti-HER2 monoclonal antibody, for the treatment of gastric cancer.

Biotech Business - May 26, 2025
BioArctic receives positive opinion for Orphan Medicinal Product Designation in the EU
The European Medicines Agency (EMA) Committee for Orphan Medicinal Products (COMP) recommends granting orphan medicinal product designation to exidavnemab for the treatment of Multiple System Atrophy (MSA), providing incentives for the development of treatments for rare diseases with a high medical need.

Biotech Business - May 20, 2025
Umeå-based Omnio raises EUR 4.3 million
“This support allows us to complete our GMP manufacturing process and move toward clinical trials,” says Felipe Velasquez, CEO, Omnio.