Pharmaceutical Among last week’s news, US biotech Celcuity leapt 180% on new Phase III data for its cancer drug candidate gedatolisib. US drugmaker Madrigal Pharmaceuticals entered into a licensing deal with China’s CSPC Pharma for rights to a GLP-1 receptor inhibitor, SYH 2086, to compliment its platform in metabolic dysfunction associated steatohepatitis (MASH) – led by Rezdiffra. US President Donald Trump issued an ultimatum to a number of major pharmaceutical companies demanding that they reduce the price of their drugs in the USA. Also of note, LENZ Therapeutics received US Food and Drug Administration (FDA) approval for its VIZZ, the first aceclidine-based drug for the treatment of presbyopia in adults. 3 August 2025