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GSK Kills Camlipixant: The $2B Bellus Bet Unravels

Sat, Jul 18, 2026 15 min Hosts: Alex Mercer & Maya Patel
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GSK shelved camlipixant after mixed Phase 3 data — the third P2X3 chronic cough drug to fail and a blow to its ~$2B Bellus Health deal. Plus Jasper Therapeutics' lifeline merger with Kira and a $132M raise, Novartis Fabhalta's full FDA approval in IgA nephropathy, Lilly's $2.8B AtaiBeckley psychedelics buyout, a Merck ADC lung cancer readout, and a Pfizer downgrade.Visit us at thepharmacloseout.com.

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