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Telix and radioisotope maker ITM to merge Read in browser
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24 September, 2026
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top stories
1. Pentagon defends designating WuXi AppTec as Chinese military company 
2. Telix and radioisotope maker ITM merge in deal worth up to $2.35B
3. US trade officials hear case on declining German drug prices
4. Pfizer, Lilly 'most favored nation' deals to give US share of revenue from raised foreign prices
5. All 50 states sign up for most favored nation prices under Medicaid, Trump says
6. Compounder Empower receives FDA warning letter over GLP-1s
Anna Brown
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Elizabeth Cairns and I met with Novo execs on Tuesday, the day after their capital markets day in London. During the chat, CEO Mike Doustdar said that drugmakers are feeling disenchanted with Europe’s drug pricing policies, with some choosing not to launch new medicines in the region. Read more below.

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Anna Brown
Biopharma Breaking News Reporter, Endpoints News
1
by Anna Brown

The US De­part­ment of De­fense is de­fend­ing its de­ci­sion to list WuXi AppTec as a Chi­nese mil­i­tary com­pa­ny, a des­ig­na­tion that may re­strict the man­u­fac­tur­er's...

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2
by Anna Brown

Telix Phar­ma­ceu­ti­cals is buy­ing Ger­man ra­dioiso­tope man­u­fac­tur­er ITM Iso­tope Tech­nolo­gies Mu­nich SE for $1.65 bil­lion up­front, but some deal mile­stones hinge on a re­cent­ly re­ject­ed...

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3
by Zachary Brennan

Amer­i­can trade of­fi­cials on Tues­day heard tes­ti­mo­ny for and against an in­ves­ti­ga­tion linked to Ger­many's de­clin­ing pay­ments for drugs, as EU-based phar­ma ex­ec­u­tives are push­ing...

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4
by Drew Armstrong

The "most fa­vored na­tion" drug pric­ing deals that Pfiz­er and Eli Lil­ly signed with the Trump ad­min­is­tra­tion sug­gest the com­pa­nies will give the gov­ern­ment a...

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President Donald Trump speaks at the White House about drug pricing alongside state governors and HHS officials on Sept. 18, 2026 (Jacquelyn Martin/AP Images)
5
by Zachary Brennan

Pres­i­dent Don­ald Trump on Fri­day an­nounced that all 50 states, Wash­ing­ton, DC, and Puer­to Ri­co will par­tic­i­pate in a new drug pric­ing mod­el un­der which...

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6
by Shelby Livingston

The FDA has is­sued a warn­ing let­ter to com­pounder Em­pow­er Phar­ma­cy over its GLP-1 weight loss treat­ments. It’s the third warn­ing the Hous­ton-based com­pa­ny has...

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