Day: July 22, 2026

Fervor over top-selling drugs fuels biotech dealmakingFervor over top-selling drugs fuels biotech dealmaking

Biotech is commanding attention from dealmakers and investors. Pharma companies have acquired 37 biotech firms worth at least $1 billion this year, more than all of 2025, as they race to bolster pipelines before several blockbuster drugs lose their patent protections in the coming years. The Trump administration’s light-touch regulatory ...

Trump edges back to tariff maximalism to sway trade talksTrump edges back to tariff maximalism to sway trade talks

The News President Donald Trump is toying with a return to tariff maximalism, deploying a legally dubious negotiating tactic against Canada that promises to again spike Republican lawmakers’ blood pressure. Trump and Canadian Prime Minister Mark Carney agreed Tuesday “to intensify negotiations,” Carney told reporters, before the president imposes 50% ...