Biotech M&A

Alcon Acquires Neurotech for $550M, Bringing Cell Therapy to Its Retinal Portfolio

On October 20, Alcon announced its acquisition of Neurotech Pharmaceuticals, adding ENCELTO and Neurotech’s encapsulated cell therapy (ECT) platform to its retinal portfolio. Key Highlights Deal: $550 million, plus potential milestone-based payments Indication: Adults with idiopathic macular telangiectasia type 2 (MacTel) FDA approval: March 2025; first and only FDA-approved treatment for the condition Availability: U.S. […]

Medical Industry News

AstraZeneca’s Camizestrant Combination Receives FDA Accelerated Approval

AstraZeneca recently announced that the FDA granted accelerated approval to camizestrant (Etcamah) in combination with a CDK4/6 inhibitor for adults with HR-positive/HER2-negative locally advanced or metastatic breast cancer. The indication applies when an ESR1 mutation is detected during first-line aromatase inhibitor plus CDK4/6 inhibitor therapy using an FDA-authorized test. Approval Highlights SERENA-6 reduced the risk […]