Biotech News Brief

Biotech news for Saturday, June 20, 2026, ranked by our 5-dimension investment framework — regulatory, technology, commercial, manufacturing, and narrative.

Jun 17, 3:17 AM EDT

Rigel to roll out Veppanu in August; Arvinas, Pfizer snag $70M upfront on cleared deal

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Morsa Images Rigel Pharmaceuticals ( RIGL ) has cleared the final regulatory hurdle to secure the global rights for the breast cancer drug Veppanu , cutting a $70M upfront check to partners Arvinas ( ARVN ) and Pfizer ( PFE ) after receiving early Hart-Scott-R…