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Biopharma bites: PepGen's partial pause, Roche's Korea investment, plus Teva's financing
The article discusses recent developments in the biopharma sector, including PepGen’s decision to partially pause its Duchenne muscular dystrophy program due to a clinical hold affecting higher doses, Roche’s plans to invest 382 billion won in South Korea to expand its Songdo campus, and Teva Pharmaceutical’s successful offering of $2.1 billion in sustainability-linked notes to refinance existing debt. Despite a clinical hold, PepGen intends to continue with lower doses of its therapy. Roche’s investment aims to establish its Songdo campus as a global hub for research and development and supply chain. Teva’s notes offering reflects growing interest in sustainability-linked financing within the pharmaceutical industry.