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Vex to a $1 billion buyout by Amgen to take another crack at developing a cancer- fighting virus. The deal gives Boehringer access to Gubra’s expertise in the design, synthesis and preclinical testing of therapeutic peptides.

R& D chief Narsimhan will replace retiring Jimenez as Novartis CEO, Stada names its fourth CEO in less than two years, Vertex poaches CFO from Ironwood. Two research teams are testing companion therapies that might boost the effectiveness of immune- boosting checkpoint inhibitors in treating cancer. The biotech is now developing a strategy to mitigate the risk of more patients suffering fatal blood clots before resuming the trials. As part of a major series of global cuts across its divisions, Eli Lilly is putting two research centers on the chopping block.

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A first- in- class therapy developed by Astra. Zeneca and Amgen looks like a strong treatment candidate for severe uncontrolled asthma, according to a respiratory.

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