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Merck's newly approved PAH treatment, Winrevair, forecast to reach sales of US$3.9B by 2029; the robust start to the drug's launch signals a significant boost for the company's future revenue with cancer drug Keytruda's patent expiry looming

AstraZeneca reports Q1 revenue up 17% year-over-year to US$12.7B, operating profit up 22% to US$3.1B, with oncology sales growing 23% YoY to US$5.1B, metabolic and cardiovascular drug sales increasing 20% YoY to US$3.1B; annual guidance remains unchanged

Labcorp selected as winning bidder for select assets of Invitae, a leading medical genetics firm, pending court approval; deal expected to generate between US$275.0M -US$300.0M annually and close by Q3 2024

ANGLE partners with AstraZeneca to enhance cancer drug development using DNA damage response assay; companies to adapt ANGLE's existing Parsortix-based assay for identifying micronuclei in circulating tumor cells

US Patent Issued to Bristol-Myers Squibb on April 23 for "[1,2,4triazolo[1,5-apyridinyl substituted indole compounds" (Indian, American Inventors)

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