Est. 2001·3,000+ placements · six offices · four regions

Company signals · Biotech & Pharma

Biogen

2 signals in the current window, with MitchelLake's leadership read on each.

Market context: Backdrop: a 98.6 (Neutral) Talent Market Index (down 1.4 on the month) with Americas activity easing (-2.6pts).

Biogen: 2 signals in the last 90 days — above the Biotech & Pharma median of 1 across 19 tracked companies; 0.1% of MitchelLake's Americas signal flow; 2 tracked across 34 days.

Signals at Biogen

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Bora Group announced acquisition of MacroGenics' GMP manufacturing operations and CDMO business for US$122.5 million plus up to US$5 million contingent consideration. Includes biologics manufacturing facility in Rockville, Maryland with substantial backlog.

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Phase 3 trial data for obesity drug survodutide shows 19% discontinuation rate due to side effects, indicating potential safety/tolerability issues that may impact market launch strategy

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Merck & Co., Inc.

Merck presenting oncology strategy with focus on clinical progress and pipeline diversification, indicating new program developments and potential launches

Product Launch · Americas

Thermo Fisher Scientific

Thermo Fisher launched new AI-enabled Orbitrap Tribrid Apex and Orbitrap Excedion mass spectrometers at ASMS Conference, integrating with Olink proteomics and recent AI-focused software acquisitions to strengthen competitive positioning in life sciences tools.

Partnership · Americas

Ratio Therapeutics

Ratio Therapeutics expanded manufacturing collaboration with PharmaLogic to add capacity and redundancy for clinical development of lead radiotherapeutic candidate BOSTON

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