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Layoff Tracker
Mersana Axes 55% of Workforce To Help Extend Cash Runway
Follow along as
BioSpace
tracks job cuts and restructuring initiatives throughout 2025.
May 6, 2025
·
192 min read
·
BioSpace Editorial Staff
Press Releases
Vetter Prioritizes Continuity and Action in its Sustainability Efforts
May 6, 2025
·
1 min read
Manufacturing
Trump Orders FDA To Ease US Plant Expansion; Drops Hammer on Foreign Inspections
A new executive order from President Donald Trump aims to cut down the 5-to-10-year timeline to build new facilities while stepping up the rigor of inspections on foreign plants.
May 6, 2025
·
3 min read
·
Annalee Armstrong
VC Financings Drop 20% in Q1 but Megarounds Keep Median Deal Size High
Biopharma venture capital fundraising declined from $8.1 billion in the first quarter of 2024 to $6.5 billion in the first three months of this year, headlined by a clutch of massive funding rounds.
May 6, 2025
·
2 min read
·
Annalee Armstrong
ALS
Lilly Deepens ALS Pipeline With $415M Alchemab Licensing Deal
The Alchemab deal will further strengthen Lilly’s early-stage pipeline for amyotrophic lateral sclerosis, coming less than a year after the pharma licensed QurAlis’ antisense oligonucleotide to correct a specific protein alteration in ALS.
May 6, 2025
·
2 min read
·
Tristan Manalac
Manufacturing
BMS Pledges $40B Investment in US Despite Cost-Cutting Plans
In light of President Donald Trump’s impending pharma tariffs, several big companies have made massive manufacturing investments in the U.S., including Eli Lilly, Johnson & Johnson and Novartis. BMS is the latest to make a multibillion-dollar push.
May 6, 2025
·
2 min read
·
Tristan Manalac
Legal
States Sue RFK Jr., Makary, Seeking To Block HHS Cuts
Twenty attorneys general allege that the recent workforce reduction at the Department of Health and Human Services is unlawful and could have potentially irreversible consequences.
May 6, 2025
·
2 min read
·
Tristan Manalac
Earnings
Vertex Shrugs Off Q1 Miss With ‘Strong’ Journavx Launch, Encouraging Pipeline Position
Vertex has recorded some 25,000 prescriptions for Journavx since its January approval and is in the process of getting big PBMs to cover the non-opioid pain drug.
May 6, 2025
·
2 min read
·
Tristan Manalac
Press Releases
Bioventus Reports First Quarter Financial Results
May 6, 2025
·
29 min read
Press Releases
Heron Therapeutics Announces Settlement with Mylan Related to CINVANTI® and APONVIE® Patent Litigations
May 6, 2025
·
2 min read
1 of 84,658
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