Genentech has tapped Japan’s PeptiDream to develop radioisotope-peptide conjugates, which use peptides as guides to deliver radiotherapy payloads. The Roche unit is paying $40 million upfront, plus potential milestones of up to $1 billion. PeptiDream also counts Merck & Co., Eli Lilly and newly IPO-ed RayzeBio among its collaborators. 3. Biocon's Peter Bains jumps from the board to group CEO amid company's expansion push Biocon has named Peter Bains as its new group CEO. Bains has previously led the Indian company’s CDMO arm Syngene for five years. He will step down from Biocon’s board as part of the appointment and report directly to Executive Chairperson Kiran Mazumdar-Shaw. Meanwhile, biosimilars are a key growth area for Biocon, and the company is in the middle of the fierce biosimilar clash targeting AbbVie’s Humira. But its biologics unit chief, Shreehas Tambe, said the battle doesn’t solely revolve around market share. He believes the right pricing strategy, reliable global supply and the delivery device are key to success. 5. Takeda settles antitrust lawsuit over gout drug Colcrys after trial kicked off Takeda has reached a settlement with drug wholesalers in a pay-for-delay lawsuit. The plaintiffs accused Takeda and some generics makers of using anticompetitive deals to delay generic entry to the Japanese pharma’s gout drug Colcrys. Other defendants in the lawsuit include Endo’s Par Pharmaceutical, Amneal and Teva through its acquisition of Watson Laboratories. 6. Samsung Biologics adds to BMS manufacturing partnership with new $242M antibody agreement Samsung Biologics penned a deal with Bristol Myers Squibb to produce drug substance for an unnamed commercial cancer antibody. The contract is worth about $242 million, and the manufacturing will take place at the CDMO’s brand-new Plant 4 in Incheon, South Korea. This is an expansion of the two companies’ long-running partnership. 7. India's Torrent scouts for funding to make a play for larger rival Cipla: Reuters A major consolidation may be brewing in India’s drug industry. Torrent Pharmaceuticals is looking to secure financing of about $3 billion to $4 billion for a stake in Cipla, Reuters reports. For about 60% of Cipla’s share that would be up for grabs if Cipla’s founding family sells their holdings, a deal would be worth as much as $7 billion, potentially making it India’s largest pharma deal, according to Bernstein analysts. 9. CDMOs SK pharmteco, Oxford Biomedica make cell and gene therapy manufacturing M&A plays 10. Takeda revives Eohilia hopes with FDA resubmission (Tracker)