Home / Episodes / Wed, Aug 12, 2026

WuXi AppTec Wins Injunction: Pentagon's Military Label Halted for Now

Wed, Aug 12, 2026 15 min Hosts: Alex Mercer & Maya Patel
▶ Listen

A federal judge blocked the Pentagon's Chinese military designation of WuXi AppTec, finding the DoD's case rested on a misreading. Plus: Sionna Therapeutics' cystic fibrosis failure sends shares down ninety-two percent and leaves Vertex Pharmaceuticals' Trikafta franchise uncontested; BridgeBio's Attruby beats consensus at $222 million as the ATTR-cardiomyopathy market tilts stabilizer-first against Alnylam's Amvuttra; Tenax Therapeutics' oral levosimendan misses in PH-HFpEF; Vaderis raises $152 million for engasertib in hereditary hemorrhagic telangiectasia; and AbbVie, Novartis and Bristol Myers Squibb sue Illinois over 340B. Visit us at thepharmacloseout.com.

Close out your day

The whole read, every morning

The daily Closeout in under 15 minutes — trial readouts, FDA decisions, and the deal math behind them. Free.

Subscribe →