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The number of employees laid off dropped year over year during the first quarter. BioSpace recaps the five largest layoffs, which included BMS and Novartis cuts.

Pharma stocks went on a wild ride Wednesday amid whiplashing tariff threats from the U.S. president.

The Connecticut Office of Health Strategy was the final agency to review the deal, which was first announced in February 2024.

The U.S. will now charge a 125% duty on imports from China, while most other countries will be subject to a 10% rate for 90 days.

In this episode presented by DIA, BioSpace’s head of insights Lori Ellis discusses the underrepresentation of women in clinical trials with Martin Hodosi, partner at Kearney and Melissa Laitner, director of strategic initiatives at the National Academy of Medicine.

According to Tempest, its options include a partnership or licensing deal, as well as a merger or an acquisition.

Leerink analysts noted, however, that Uplizna’s slow onset of therapeutic efficacy compares unfavorably to would-be competitors in generalized myasthenia gravis.

The Fourth Circuit’s ruling follows a Supreme Court verdict that also allowed the Trump administration to move forward with its mass layoffs at federal agencies.

Jefferies analysts predict Annexon’s tanruprubart could be approved by mid-2026.

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