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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.