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top stories
1. Drugmakers have to go through rigorous tests to get a lower tariff rate
2. Iran war disruptions begin to emerge upstream of the pharma supply chain
3. Merck KGaA's clients are stockpiling due to Iran war, supporting guidance boost
4. Daiichi Sankyo posts 'extraordinary loss' of nearly $1B after overestimating need for ADC capacity
5. CSL sinks to nine-year low on revenue warning, $5B write-down
6. EU reaches provisional deal on Critical Medicines Act
7. Valneva to cut up to 15% of jobs as reduced travel hits vaccine demand
8. MacroGenics sells manufacturing arm; West Pharma discloses cybersecurity attack
Anna Brown
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The Middle East crisis has started to impact the top of the pharma supply chain, with some suppliers raising their prices and their customers stockpiling materials. Merck KGaA is the latest to give insight on this emerging trend. Read our coverage below.

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

Land­ing a re­duced 20% tar­iff rate will re­quire phar­ma com­pa­nies to fill out ex­ten­sive pa­per­work and be close­ly mon­i­tored by the De­part­ment of Com­merce.

Pres­i­dent...

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An oil tanker sits at anchor in the Strait of Hormuz off Bandar Abbas, Iran, on May 2, 2026. (Amirhosein Khorgooi/ISNA via AP)
2
by Anna Brown

As the Iran war en­ters its third month, its knock-on ef­fects on raw ma­te­ri­als, en­er­gy costs and ship­ping are be­gin­ning to be felt in the...

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Helene von Roeder, Merck KGaA CFO (Arne Dedert/picture-alliance/dpa/AP Images)
3
by Anna Brown

Mer­ck KGaA ap­pears to have a big-pic­ture view of how the Iran war is af­fect­ing the phar­ma in­dus­try so far.

The Ger­man com­pa­ny is see­ing...

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4
by Anna Brown

Dai­ichi Sankyo is scrap­ping plans to build an­ti­body-drug con­ju­gate man­u­fac­tur­ing ca­pac­i­ty and record­ed an "ex­tra­or­di­nary loss" of 149.4 bil­lion Japan­ese yen ($950 mil­lion) af­ter over­promis­ing...

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5
by Elizabeth Cairns

CSL's stock hit its low­est price since ear­ly 2017 on Mon­day af­ter it low­ered its full-year rev­enue guid­ance by about 4% and said it would...

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6
by Anna Brown

The Crit­i­cal Med­i­cines Act reached its next mile­stone on Tues­day, af­ter the Eu­ro­pean Par­lia­ment and the Coun­cil pro­vi­sion­al­ly vot­ed it through.

The pro­posed reg­u­la­tion aims...

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7
by Kyle LaHucik

French vac­cine mak­er Val­ne­va is lay­ing off 10% to 15% of its work­force and re­duc­ing rev­enue pro­jec­tions due to "an emerg­ing ad­verse trend in trav­el...

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