BioSpace News Archive

May 2, 2025

Pictured: Amgen's office in Massachusetts/iStock,

Earnings

Amgen Advocates For ‘Pro-Growth Tax Policy’ Instead of Tariffs to Boost Domestic Manufacturing

Like fellow Big Pharmas Eli Lilly and Johnson & Johnson, Amgen is urging the Trump administration to consider tax policy instead of tariffs to promote domestic pharma manufacturing.

May 2, 2025

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2 min read

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Tristan Manalac

Hand scales with pile of money and bottles of drugs and pills. Health insurance and healthcare. Buying and selling drugs. Pharmacy shop. Vector illustration in flat style

Drug pricing

Low-Price Drug Nations Catching ‘Free Ride’ on US Innovation, Report Says

No Patient Left Behind says that drug value assessments used in countries like Canada and Germany undervalue innovative medicines by 90% and mislead U.S. policymakers into thinking Americans are overpaying.

May 2, 2025

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3 min read

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Annalee Armstrong

Illustration of a group of businessmen white-collar workers dismissed

Layoffs

Pliant Axes 45% of Workforce To Save Cash, Support Late-Stage Clinical Trials

Following challenges with its drug candidate bexotegrast and announcement of a limited-duration stockholder rights program, Pliant is paring back its workforce.

May 2, 2025

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2 min read

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Angela Gabriel

Cancel Culture concept or cultural cancellation and social media censorship as canceling or restricting opinions that are offensive or controversial to the public with 3D illustration elements.

Editorial

Biomedical Innovation in Jeopardy as Kennedy Distorts, Denies Scientific Truths

As the Trump administration—including HHS Secretary Robert F. Kennedy Jr.—plays fast and loose with scientific studies and facts, there may be a more sinister force at play: censorship.

May 2, 2025

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6 min read

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Heather McKenzie

Traffic sign: Right U-turn sign on cement pole beside the rural road with sunset or sunrise background, copy space.

Government

FDA to Rehire Some Travel Staff as Lapses Begin to Show: AP

Some 20 travel staff at the FDA, who made arrangements for the regulator’s inspectors, will be getting their jobs back, as per the Associated Press. Some food scientists involved in testing will also be reinstated.

May 2, 2025

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2 min read

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Tristan Manalac

Business and financial crisis vector concept with businessman falling down the hole. Symbol of market crash, recession, risk, bankruptcy and loss. Eps10 illustration.

Mergers & acquisitions

Kronos Accepts $35M Concentra Buyout as Walls Close In

After multiple rounds of layoffs that cut Kronos down to just 10 people, the small molecule biotech has accepted a buyout offer from Kevin Tang’s Concentra Biosciences.

May 2, 2025

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2 min read

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Annalee Armstrong

Geneva, Switzerland - November 16, 2024: Exterior view of the headquarters of the World Health Organization (WHO), the specialized agency of the United Nations responsible for global public health

Obesity

WHO Leaning Toward Adding Obesity Drugs for Adults to Essential Medicines List: Reuters

In an internal memo, the World Health Organization signaled its support for anti-obesity drugs like Wegovy and Zepbound, which the agency decided against listing in 2023, the last time the Essential Medicines list was updated.

May 2, 2025

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2 min read

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Tristan Manalac

Press Releases

HAYA Therapeutics to Present on RNA-Guided Regulatory Genome Platform at the Annual Meeting of the American Society of Gene & Cell Therapy (ASGCT)

May 2, 2025

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3 min read

Press Releases

Sanofi: Information concerning the total number of voting rights and shares - March 2025

May 2, 2025

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1 min read