Taiwan Semiconductor Weighs $100 Billion US Investment As Chip War Heats Up
TSM weighing $100B investment in US chip plants, Trump may announce. Biden admin urges TSM to move advanced production to US due to tech tensions. read more
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Baker Hughes Partners with Frontier On Carbon Capture Push: Details
Baker Hughes partners with Frontier Infrastructure to accelerate carbon capture and storage and power solutions, utilizing their technology and expertise. read more
Takeda-Protagonist Therapeutics Partnered Investigational Drug Hits Primary Goal In Late-Stage Study In Patients With Type Of Blood Cancer
Rusfertide met all primary and secondary endpoints in a Phase 3 trial for polycythemia vera, with strong efficacy and safety results, earning Protagonist $25 million. read more
Philip Morris Considers Selling US Cigar Business As It Pushes Towards Smoke-Free Products: Bloomberg
Philip Morris is considering selling its U.S. cigar business for over $1 billion as it shifts toward smoke-free products. The company aims for smoke-free sales to reach two-thirds of its revenue by 2030. read more
GSK’s Twice-Yearly Depemokimab Reduces Nasal Polyp Size, Goes Under FDA Review
FDA reviews GSK depemokimab for asthma and CRSwNP, with a decision expected by December 2025. Phase 3 data shows improvements. read more
ON Semiconductor Moves To Acquire Allegro, Sparking Investor Interest
Allegro Microsystems (ALGM) stock gained due to interest from ON Semiconductor. ON looking to acquire Allegro for automotive capabilities. read more
Boston Scientific To Acquire SoniVie For $400 Million, Expanding Hypertension Treatment Portfolio
Boston Scientific will acquire SoniVie for up to $600 million on 100% basis, adding the TIVUS ultrasound system to its hypertension treatment pipeline. Deal closes in H1 2025. read more