Issue 5

Will 2024 be The Year of Biotech IPOs and M&As?

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Included in this issue:

LEAD STORY 

Is 2024 the Year for Resurgence in the Biotech Sector?

With a notable shift in industry dynamics, increasing investments, and innovative breakthroughs, it appears we are witnessing signs of a significant resurgence. Prior to the COVID-19 pandemic, the global biotech sector saw robust growth and drew substantial investment, as investors were captivated by the potential of breakthrough treatments and technological advancements. This positive momentum laid the groundwork for what would become an explosive period for biotech, accelerated by the need for a rapid response to the pandemic.

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FEATURED STORIES

Drugs Losing Exclusivity in 2024

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Novo Nordisk’s Wegovy Approved by the FDA for Heart Attack & Stroke Prevention

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LSD Treatment Receives Breakthrough Therapy Status for Anxiety

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FDA Issues Warning Letters for Data Integrity Breaches in Global Pharma Manufacturing

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MHRA Fast-Tracks Approval of New XGEVA Formulation via International Recognition Procedure

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MHRA Unveils New Guidance to Accelerate Assessment of Established Medicines

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Eli Lilly Partners with Amazon Pharmacy to Deliver Medication Via LillyDirect

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Nvidia Invests $35 Million into Biotech Technology Company

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Tierra Biosciences Completes Series A for Predictive AI Protein Platform

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Adare Pharma Solutions to Expand Oral Dose Packaging and Warehousing Capabilities in Europe

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Novo Nordisk Outlines Strategy 2030, Plan for Catalent Acquisition & Future Focus

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More Job Layoffs Announced

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Akari Therapeutics & Peak Bio Announce Merger

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Aspire Pharma Acquires Cenoté Pharma

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South Africans Take on Pharmaceutical Company Vertex

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Novartis Set to Expand Antibody Production in Singapore

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TPN 5
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