Big Pharma steps up buying spree

Anyone who's been paying attention to the pharma business this year suspects that drugmakers are on a bigger-than-usual shopping spree. Now we know just how much bigger, thanks to Life Science Analytics. Pharma M&A is up by 20 percent so far this year as drugmakers scramble to refill depleted pipelines, push into emerging markets and diversify beyond prescription drugs, all in the name of combating the ongoing loss of sales to new generic versions of blockbuster meds. Pfizer topped the list of dealmaking drugmakers with 51 transactions as of October. Story

Suggested Articles

Janssen’s BCMA-targeting CAR-T therapy eliminated tumors in 69% of patients with advanced multiple myeloma in a small phase 1 study.

In a study, BMS' CAR-T therapy banished tumors in more than half and shrank tumors in nearly three-quarters of relapsed blood cancer patients.

Novartis unveiled more data showing how its asthma combo QMF149 fared against the standard of care: a combination of the same types of drugs.