Category: M&A / Deals

PharmaSignal — M&A / Deals

Daiichi Sankyo and Interna partner for MNM-targeted delivery solutions

Pharmaceutical Technology

Daiichi Sankyo has partnered with Interna Therapeutics to develop targeted delivery solutions based on molecular nano motor (MNM) technology.

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Obesity’s explosive growth continues as Q1 deals exceed total 2025 value

BioSpace

Commitments in obesity- and diabetes-focused deals reached $22 billion in the first quarter of 2026–already eclipsing last year’s total of $20.3 billion, according to a new J.P.

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Beeline raises $300m for BMS drugs, and other biofinancings

Pharmaphorum

Beeline Medicines, Oricell, Terremoto, Harbinger, Neomorph, Adcendo, and STORM all closed impressive financing rounds in the last week.

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Terremoto wins $108m in Series C to drive cancer and rare disease programmes

Pharmaceutical Technology

Terremoto says that its AKT1 blockers can overcome toxicity challenges associated with PI3K/AKT inhibitors through selective activity.

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Beeline, a Bain-backed biotech, debuts with immune drugs from Bristol Myers

BioPharma Dive

Equipped with $300 million, Beeline has an oral medicine for the treatment of lupus as well as other experimental drugs targeting autoimmune diseases.

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Lilly to acquire CrossBridge Bio for up to $300m

Pharmaceutical Technology

Eli Lilly and Company has agreed to acquire all outstanding shares of CrossBridge Bio for up to $300m in cash.

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Lilly to acquire CrossBridge Bio for up to $300m

Pharmaceutical Business Review

The acquisition includes the lead candidate CBB-120, a dual-payload antibody-drug conjugate (ADC) developed to treat cancer.

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Adcendo secures $75m in Series C funding for ADC development

Pharmaceutical Technology

Adcendo, a clinical-stage biotechnology company developing ADCs for cancer treatment, has raised $75m in a Series C funding round.

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Adcendo secures $75m in Series C funding for ADC development

Pharmaceutical Business Review

The financing will support Adcendo’s ongoing advancement of its first-in-class and best-in-class ADC pipeline targeting cancers of high unmet medical need, including further clinical development of th

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Takeda continues to prune partnerships, cuts ties with mRNA-targeting Veritas In Silico

BioSpace

After divorcing Denali Therapeutics earlier this month, Takeda is now splitting up with Veritas In Silico, pulling back from a partnership that advanced novel small-molecule drugs targeting mRNA.

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Parkinson’s charity partners Biognosys on biomarker project

Pharmaphorum

A new R D project will try to develop assays for LRRK2, a biomarker linked to Parkinson’s that has emerged as a major drug target in the disease.

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Daiichi exits OTC, with $1.55bn unit sale to Suntory

Pharmaphorum

Daiichi Sankyo has agreed to sell its consumer health unit to food and beverage giant Suntory, following a well-trodden path for big pharma companies.

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BMS makes a Beeline, bringing 5 assets to biotech’s $300M precision immunology debut

BioSpace

Leading Beeline Medicines’ pipeline is afimetoran, which is in Phase 2 development for systemic lupus erythematosus with data expected later this year.

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Lilly boosts ADC portfolio with CrossBridge Bio deal

BioPharma Dive

Worth up to $300 million, the buyout is Lilly s latest of an ADC maker and adds technology for making dual-payload therapies.

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Novo Nordisk partners OpenAI on R&D “transformation”

Pharmaphorum

Seeking an R D edge, Novo Nordisk has become the latest big pharma group to forge an alliance with tech giant OpenAI.

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AbbVie enters world of pain in up to $715M deal with China’s Haisco

BioSpace

The licensing deal marks AbbVie’s first foray into new pain medicines, a space where Vertex currently enjoys a lead thanks to the NaV1.8 inhibitor Journavx.

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AbbVie bets on Chinese biopharma’s pain pipeline in $745m bid

Pharmaceutical Technology

AbbVie’s deal with Haisco comes as many pharma companies look to restock their pipelines amid looming global patent expiries.

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Oricell closes a ‘pre-IPO’ megaround to aim CAR-T at solid tumors

BioPharma Dive

The Shanghai-based biotech has a cell therapy that, if successful in testing, could become the first treatment of its kind for liver cancer.

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Roche places a $1bn bet on C4T degrader-antibody conjugates

Pharmaphorum

Roche is paying $20 million upfront to secure rights to two degrader-antibody conjugates (DACs) for cancer developed by longtime partner C4T.

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Roche and C4 Therapeutics to advance degrader-antibody conjugates research

Pharmaceutical Technology

Roche has signed a new collaboration deal with C4 Therapeutics to jointly advance DACs research to introduce a new therapeutic modality for cancer.

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