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Thursday
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4 December, 2025 |
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Endpoints News reviewed a document that details the ongoing drug pricing talks between drugmakers and the White House. This includes a deadline as to when pharma companies should execute on their manufacturing investments in the US and that they would be barred from stockpiling to work around tariffs. Read more below. |
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Anna Brown |
Biopharma Breaking News Reporter, Endpoints News
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Novo Nordisk CEO Maziar Mike Doustdar (center left) and Eli Lilly CEO David Ricks (center right) at the Oval Office with President Donald Trump on Nov. 6, 2025 (Andrew Caballero-Reynolds/AFP via Getty Images) |
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by Anna Brown
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Large pharma companies that have made “most favored nation” deals with the White House will have until the end of President Donald Trump’s current term to fulfill some of their commitments to invest in the US, according to a framework of the agreements reviewed by Endpoints News. The document, titled a “letter of agreement,” is a
template that appears to formalize agreements between companies and the US Department of Commerce. Its authenticity was confirmed by multiple sources involved in those negotiations. The exact amounts companies will have to invest in the US are being negotiated individually, according to two drugmakers involved in talks. At least one expects to fulfill the entirety of its multibillion-dollar pledge by the Jan. 1, 2029 deadline. | |
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by Jared Whitlock
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WuXi AppTec’s reprieve from a Washington crackdown may not last. The Pentagon is reportedly seeking to add WuXi AppTec to a list of companies that aid the Chinese military. Such a designation would heighten scrutiny of the company, and once again make it a target of the proposed Biosecure Act that seeks to restrict certain Chinese biopharma
contractors. A letter sent Oct. 7 by Deputy Defense Secretary Stephen Feinberg to the heads of congressional defense committees recommended adding eight companies, including WuXi AppTec, to the Pentagon’s so-called 1260H list, Bloomberg News reported. It’s unclear why Feinberg recommended WuXi AppTec for the list, and the Pentagon did not respond to a request for comment. | |
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by Anna Brown
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The UK government on Monday announced a major drug pricing deal with the White House in which the UK will pay billions more pounds for medicines in exchange for a reprieve from pharma tariffs on US-bound exports for three years. Negotiations on the UK-US trade deal have been ongoing since at least October. US trade envoy Jamieson Greer was in London on Nov. 24 to finalize the terms of the deal. As part of the arrangement, the UK government will raise its cost-effectiveness threshold for new drugs by 25%. That threshold determines whether the UK’s National Institute for Health and Care Excellence (NICE) will recommend a new drug to the NHS, and has
been unchanged for two decades. In essence, NICE will be able to recommend more drugs that would have been previously rejected because they were believed to be too expensive. | |
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Excelsior Sciences co-founders Jana Jensen (L) and Michael Foley |
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by Anna Brown
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A New York startup that's looking to accelerate how quickly preclinical small molecule candidates enter clinical trials has corralled $95 million. Excelsior Sciences has raised $70 million in a Series A round, led by Deerfield Management, Khosla Ventures and Sofinnova Partners, with Eli Lilly and others pitching in. The startup
also secured a $25 million grant from New York’s Empire State Development, which supports local businesses, the company said Wednesday. The startup is operating from a 1,500-square-foot laboratory on Park Avenue. The Series A will be used in part to develop its chemical synthesis technology, co-founder and chief operating officer Jana Jensen told Endpoints News in an interview. It will also use the raise to develop its own pipeline of small molecules, she added. | |
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by Kyle LaHucik
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Imvax, a biotech led by former Spark Therapeutics executives, says its glioblastoma treatment was successful at keeping patients alive about six months longer than standard of care in a Phase 2b study. But the experimental approach did not succeed on the primary endpoint of progression-free survival. The Philadelphia startup is forging ahead, though. It
believes overall survival is the agency's desired regulatory endpoint, and there's a "paucity of options for patients over the last 20 years and no real improvement in standard of care,” executive chair John Furey told Endpoints News. The five-year survival rate is about 7%, according to the Glioblastoma Foundation. | |
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by Anna Brown
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Novartis plans to reorganize two Swiss facilities, which it says could result in 550 layoffs as it discontinues some manufacturing at its site in Stein. The company intends to discontinue tablet and capsule manufacturing and packaging at the facility by the end of 2027, it said Tuesday in a release. The potential job cuts could occur by the end of 2027, but that could change depending on a consultation process, Novartis said. The Stein factory will continue to focus on cell and gene therapy manufacturing, with Novartis planning to invest $26 million at the site to boost sterile dosage form capacity. Meanwhile, the drugmaker is also planning to
invest $80 million at its Schweizerhalle facility to expand small interfering RNA production for its cardiovascular, renal and metabolic therapies. The Schweizerhalle expansion will create 80 new jobs. | |
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