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Taylor Swift releases 4 new songs for 'Life of a Showgirl: The Encore.' What do critics say?

Swift's songwriting has been called "captivating" and "shockingly tender," though one critic dismissed the new tracks as "derivative and flat."

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Sep 25 • 11:58 AM EDT • Entertainment • yahoo.com
Mavericks Re-Sign Veteran Dwight Powell Before Training Camp

He's back.

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Sep 25 • 11:57 AM EDT • Sports • sports.yahoo.com
Mark Consuelos Announces ‘Major Surgery’ in ‘Live’ Health Update

Kelly Ripa's husband admitted on 'Live With Kelly and Mark' that he put off the procedure for almost a year.

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Sep 25 • 11:55 AM EDT • Health • yahoo.com
Palmer misses too many opportunities to play for England

Thomas Tuchel has said that Cole Palmer "misses too many opportunities" to play for England after the Chelsea forward pulled out of the latest squad.

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Sep 25 • 11:54 AM EDT • Sports • sports.yahoo.com
REPORT: 2026 Delta Science Program Research Impact Report

From the Delta Science Program: The Delta Science Program is proud to share its inaugural Research Impact Report, highlighting the emerging science and management impacts of the 2019 Delta Research Awards and 2020 Delta Science Fellowships. Since 2010, the Delta Science Program has invested more than $50 million in over 160 research projects to advance its mission of providing the best possible unbiased science to inform water and environmental decision-making in California’s Sacramento-San Joaquin Delta. Because the influence of research […]

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Sep 25 • 11:52 AM EDT • Science • mavensnotebook.com
“Big Brother ”host Julie Chen Moonves weighs in on Devens, Drew, and Taylor’s finale chances (exclusive)

The Chenbot also gives her America’s Favorite Houseguest prediction.

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Sep 25 • 11:51 AM EDT • Entertainment • yahoo.com
NFLPA names Shedeur Sanders their Community MVP for Week 3
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Sep 25 • 11:50 AM EDT • Sports • sports.yahoo.com
“DWTS” judge Carrie Ann Inaba elaborates on Giada De Laurentiis critiques beyond new 1-word review rule

“Dancing With the Stars” implemented a new rule that only allowed two judges to provide feedback, while a third had to react in one word.

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Sep 25 • 11:49 AM EDT • Entertainment • yahoo.com
Marcus Edwards explains decision to represent Cyprus

Marcus Edwards has explained his decision to represent Cyprus at international level, saying he wants to make his family and the country’s supporters proud.The Burnley winger spoke to the media as C...

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Sep 25 • 11:45 AM EDT • Sports • sports.yahoo.com
Atlético-MG defender comments on relationship with Domínguez

Having come through Atlético-MG’s youth academy since the age of 12, center-back Vitão reached the peak of his transition to professional football by scoring his first goal for the senior team at ...

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Sep 25 • 11:41 AM EDT • Sports • sports.yahoo.com
Manchester City Found Guilty on Almost All Financial Breach Charges

The club is expected to appeal the ruling.

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Sep 25 • 11:41 AM EDT • Sports • sports.yahoo.com
Y! Sports Biz: The best seat in the house

Courtside is coming to your couch.

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Sep 25 • 11:38 AM EDT • Sports • sports.yahoo.com
Reform small boat vote branded 'political stunt'

The leader of Portsmouth City Council denies his party does not oppose small boat crossings.

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Sep 25 • 11:37 AM EDT • Politics • yahoo.com
Denny Hamlin Draws His Line With Carson Hocevar

Denny Hamlin says Carson Hocevar's off-track jabs are where NASCAR drivers and fans part ways. He also explained the one move that would set him off.

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Sep 25 • 11:28 AM EDT • Sports • sports.yahoo.com
Dodgers could be foiled by familiar foe

Seeing the booze-drenched celebration around him through the tinted lenses of his eyewear, Manny Machado suddenly recalled he’d done this before.

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Sep 25 • 11:23 AM EDT • Sports • sports.yahoo.com
More than a diagnosis: How one young man's strength is helping shine a light on sickle cell disease

Twenty-one-year-old Jalen Boston has spent his life navigating sickle cell disease, including pain crises, hospital stays and a stroke that affected his vision. With support from his family and team at Atrium Health Levine Children's Hospital, Jalen is proving that while sickle cell disease may be part of his story, it does not define who he is.

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Sep 25 • 11:21 AM EDT • Health • atriumhealth.org
October Prime Day 2026: Amazon's biggest early deals from Hanes, DeWalt, Apple and more ahead of the Prime Big Deal Days event

We have the scoop on top pre-Prime Day discounts ahead of the October savings event, including tech must-haves, vacuums, fall style upgrades and more.

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Sep 25 • 11:16 AM EDT • Technology • shopping.yahoo.com
Rangers Turn to deGrom in Biggest Series of Season

The Texas Rangers will send Jacob deGrom to the mound as they open a three-game series with the Minnesota Twins on Friday night.

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Sep 25 • 11:16 AM EDT • Sports • sports.yahoo.com
News on Leeds United flop Rasmus Kristensen causes astonishment

Former Leeds United defender Rasmus Kristensen

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Sep 25 • 11:10 AM EDT • Sports • sports.yahoo.com
How to submit your high school sports highlights to FLORIDA TODAY

The USA TODAY Network has launched a new portal that lets fans upload and share their athlete's best high school sports highlights.

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Sep 25 • 11:05 AM EDT • Sports • sports.yahoo.com
Ben Affleck says 17-year-old kid roasted him over relationship advice: ‘Oh, like you’re the expert’

The actor has three children, whom he shares with ex-wife Jennifer Garner.

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Sep 25 • 11:01 AM EDT • Entertainment • yahoo.com
Evaluating UW Offense, Matchups Against Minnesota

The UW offense found its stride last week against Eastern Washington. It had three explosive run plays, ten explosive passing plays, and over 500 yards of offense. The run game, and how the offensive line contributes to it, continues to be the weak point for this offense, however. Jedd Fisch’s group is averaging 129 rush …

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Sep 25 • 11:00 AM EDT • Sports • sports.yahoo.com
Decoding Earth's magnetic field may help scientists treat Parkinson's and Alzheimer's. Here's how

"It passes through our bodies, our cells and every living organism on the planet, yet we know surprisingly little about whether and how this invisible force affects the way our cells work."

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Sep 25 • 11:00 AM EDT • Science • yahoo.com
'Everything we know about space travel is going to change within a decade': The fusion breakthrough that could unlock a path to the stars

Several companies have made significant headway toward nuclear fusion propulsion drives. Is humanity on the brink of a revolution in spaceflight?

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Sep 25 • 11:00 AM EDT • Science • livescience.com
College football has never been better. So why are its leaders set on a 24-team playoff that could ruin the sport?
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Sep 25 • 10:58 AM EDT • Sports • sports.yahoo.com
ManningCast dips to 661,000 viewers for Week 2
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Sep 25 • 10:53 AM EDT • Sports • sports.yahoo.com
How Ben Affleck’s Kids Have Turned His Hollywood Dating History Into Family Entertainment

Ben Affleck‘s kids are having good laughs from his past romances. The three children, Violet, Seraphina, and Samuel, whom the […]

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Sep 25 • 10:50 AM EDT • Entertainment • yahoo.com
American ‘Not Proactively Seeking’ New Members Despite Overtures

Three schools reportedly have interest in joining the league.

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Sep 25 • 10:45 AM EDT • Sports • sports.yahoo.com
Neil 'a real leader' says Ferguson

Former Rangers captain and interim manager has spoken about the "true leader" he believes Dan Neil can be for the Ibrox club. Ferguson spoke to the former Sunderland captain and his father as part of his role as Rangers ambassador when the Glasgow club were looked to bring in the 24-year-old. Neil has been a recent standout for Rangers, particularly in the back-to-back wins over Celtic.

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Sep 25 • 10:43 AM EDT • Sports • sports.yahoo.com
Rob Gronkowski Explains Terry Bradshaw’s Viral Trey McBride Moment

Gronkowski says the Hall of Fame quarterback was in on the joke.

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Sep 25 • 10:37 AM EDT • Sports • sports.yahoo.com
A 'decent start' or are Liverpool 'underperforming'?

Defence looks sharp with the new additions, the middle looks imbalanced as we persist with Florian Wirtz. Gareth: Let's face it, we were spoiled in Arne Slot's first season. Iraola is still finding out about players and who will fit into his style of play.

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Sep 25 • 10:31 AM EDT • Sports • sports.yahoo.com
Is Kyrie Irving the perfect partner for Cooper Flagg?
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Sep 25 • 10:20 AM EDT • Sports • sports.yahoo.com
Anton Johansson Had One Rule in His Sidney Crosby Encounter

Detroit Red Wings prospect Anton Johansson addressed his earlier preseason encounter with Sidney Crosby and explained why he could not back down.

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Sep 25 • 10:20 AM EDT • Sports • sports.yahoo.com
Police investigating bomb threat at Menomonee Falls business

Police say an employee at Messer Cutting Systems in Menomonee Falls found a note stating a bomb was in the building.

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Sep 25 • 10:17 AM EDT • Business • jsonline.com
Does Doctor Doom Appear in ‘Avengers: Endgame Encore?’

Here's what you need to know about Doctor Doom's presence, or lack thereof, in "Avengers: Endgame Encore."

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Sep 25 • 10:17 AM EDT • Entertainment • yahoo.com
What are the Premier League’s charges against Man City?

The champions were referred to an independent commission in February 2023 following a four-year investigation

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Sep 25 • 10:14 AM EDT • Sports • sports.yahoo.com
The Packers' struggles could be the Jets' gain
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Sep 25 • 10:11 AM EDT • Sports • sports.yahoo.com
Bucs special teams continues to improve under Danny Smith

Bucs special teams continues to improve under Danny Smith

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Sep 25 • 10:05 AM EDT • Sports • sports.yahoo.com
5-star SF Moussa Kamissoko commits to Syracuse

5-star Moussa Kamissoko, the No. 7 overall prospect in the 2027 class, has committed to Syracuse, becoming the program's highest-ranked recruit in the modern recruiting era.

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Sep 25 • 10:00 AM EDT • Sports • sports.yahoo.com
Ace Combat 8: Wings of Theve ‘101 Overview’ trailer

Publisher Bandai Namco and developer Bandai Namco Aces have released a five-minute overview trailer for flight action game Ace Combat 8: Wings of Theve.

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Sep 25 • 10:00 AM EDT • Technology • gematsu.com
Throwback Dawg Day: Was It The Best Win Ever?

Let’s be honest. Memory lane has been fun this week. When thinking about Oklahoma paying a visit to Athens on Saturday, the instant flashback is to Jan. 1 2018 in that instant classic in the Rose Bowl. Georgia has had so many wins of of jubilation over the years, and to Bulldogs fans, there is […]

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Sep 25 • 10:00 AM EDT • Sports • sports.yahoo.com
Fake Nunes previews Syracuse vs Bye Week U

A long rivalry renewed in the 315

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Sep 25 • 10:00 AM EDT • Sports • sports.yahoo.com
USMNT vs. Peru – absent of meaning but full of exaggeration

It starts now, again!

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Sep 25 • 10:00 AM EDT • Sports • sports.yahoo.com
Mets close out 2026 season against Nationals

The season ends with a whimper as the two bottom teams in the NL East face off looking to escape the cellar.

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Sep 25 • 10:00 AM EDT • Sports • sports.yahoo.com
Rio Fest’s RioMarket, Kicking Off Oct. 1, to Feature TikTok Program and Online Business Meetings

RIO DE JANEIRO, Brazil — RioMarket, the business section of the Rio International Film Festival, will be held over Oct. 1-11, featuring for the first time a partnership with TikTok and online one-on-o...

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Sep 25 • 9:59 AM EDT • Business • yahoo.com
Friday Morning Football 2026: Dinuba High School

Next Friday, the Exeter Monarchs will take on the Emperors of Dinuba High School and the students in Dinuba just didn't want to wait to rally the troops!

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Sep 25 • 9:53 AM EDT • Sports • sports.yahoo.com
Three Prop Bets I Love: Nebraska at Michigan State

Capitalize on Cam Edwards’ workload and Jordan Savoury’s consistency as the Spartans return home, looking to dominate the ground game and exploit Nebraska's defense in East Lansing.

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Sep 25 • 9:52 AM EDT • Sports • sports.yahoo.com
What To Watch For: Wake Forest Demon Deacons

LOUISVILLE MUST AVOID NEGATIVE PLAYS Wake Forest comes into this game with 17 tackles for loss on the season, while UofL has given up 8 tackles for loss in each of their games against FBS competition. A strength for the Wake defense is a clear weakness for the Cards, but they will need to find […]

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Sep 25 • 9:52 AM EDT • Sports • sports.yahoo.com
Alex DeBrincat’s Fight Earns Strong Response From Todd McLellan

Todd McLellan called Alex DeBrincat’s fight against Buffalo a sign of leadership as Detroit pushes for a tougher team identity.

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Sep 25 • 9:50 AM EDT • Sports • sports.yahoo.com
Rayan rescues draw for Brazil in Australia

Brazil needed a last-gasp goal from Rayan to salvage a 1-1 draw in their friendly meeting with Australia on Friday. The match was Brazil's first since being knocked out of the last 16 of this summer's World Cup by Norway and the Socceroos' last outing also came at the tournament, which they exited in the last 32.

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Sep 25 • 9:48 AM EDT • Sports • sports.yahoo.com
R360 rebel series given ultimatum on overdue accounts

The company behind R360, the controversial all-star rugby start-up, has been ordered to publish overdue accounts or face being dissolved.

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Sep 25 • 9:41 AM EDT • Sports • sports.yahoo.com
REG - Light Science Tech.

RNS Number : 4163W Light Science Tech. Holdings PLC 25 September 2026 TR-1: Standard form for notification of major holdings1. Issuer DetailsISINGB00BNDQJN14Issuer NameLIGHT SCIENCE TECHNOLOGIES HOLDINGS PLCUK or Non-UK IssuerUK2. Reason for NotificationAn acquisition or disposal of vo…

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Sep 25 • 9:40 AM EDT • Science • tradingview.com
ICYMI: Hickenlooper, McCormick Celebrate Formation of Senate Bipartisan Science and Innovation Caucus

In case you missed it, U.S. Senators John Hickenlooper and Dave McCormick joined scientists, researchers, and legislative staff at a kickoff event last week at the U.S. Capitol to celebrate the formation of their U.S. Senate Bipartisan Science and Innovation Caucus. Watch the highlights of the kickoff event HERE. “If you were to look at […]

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Sep 25 • 9:38 AM EDT • Science • hickenlooper.senate.gov
Friday morning Rangers things

Texas Rangers update for Friday, Sept. 25.

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Sep 25 • 9:33 AM EDT • Sports • sports.yahoo.com
😐 Neutral (3%)
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Knicks haven’t signed their best draft shooter yet

Training camp is close, and Tyler Nickel still does not have a signed deal with the Knicks. The 2026 second-round […]

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Sep 25 • 9:32 AM EDT • Sports • sports.yahoo.com
Yankees’ Anthony Volpe decision got tougher after one huge swing

For six innings Thursday, the Yankees trailed Tampa Bay 4-0. By the end of the eighth, George Lombard Jr. had […]

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Sep 25 • 9:32 AM EDT • Sports • sports.yahoo.com
Fox Sports Radio launches ‘College Football with Stugotz & The Bear’ podcast

Jon “Stugotz” Weiner has moved on from his “hurtful” split from The Dan Le Batard Show, formerly The Dan Le Batard Show with Stugotz, and he’s making good on his promise to “build a f*cking empire.” On Thursday, Fox Sports Radio announced College Football with Stugotz & The Bear, distributed by iHeartPodcasts and debuting Friday, Sept. 25.…

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Sep 25 • 9:30 AM EDT • Sports • sports.yahoo.com
Raul Rosas Jr. developing game plan to finish Raoni Barcelos

Raul Rosas Jr. has been developing a game plan and plans to finish Raoni Barcelos this weekend.

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Sep 25 • 9:30 AM EDT • Sports • sports.yahoo.com
Montana State Crime Lab highlights forensic science during national recognition week
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Sep 25 • 9:25 AM EDT • Science • nbcmontana.com
New-look squad, but how will Pocognoli's Scotland line-up?

Former Scotland forwards James McFadden and Pat Nevin try to guess who new head coach Sebastien Pocognoli will pick to start in Slovenia on Saturday.

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Sep 25 • 9:25 AM EDT • Sports • sports.yahoo.com
Jets Hit the NFL Draft Jackpot After Devastating Packers Loss

The New York Jets have hit the 2027 NFL Draft jackpot after the Green Bay Packers' devastating loss to start Week 3. The post Jets Hit the NFL Draft Jackpot After Devastating Packers Loss appeared first on HEAVY.

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Sep 25 • 9:24 AM EDT • Sports • sports.yahoo.com
Knicks would need to attach draft capital to get rid …

Knicks would need to attach draft capital to get rid …

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Sep 25 • 9:22 AM EDT • Sports • sports.yahoo.com
Patriots vs. Jaguars weather forecast for NFL Week 3

An up-to-date weather forecast for the Sunday game.

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Sep 25 • 9:19 AM EDT • Sports • sports.yahoo.com
You Can Edit Your Photos With Lightroom and Photoshop Inside Google Gemini

Google Gemini users can now edit their photos with Adobe's creative editing tools inside Gemini, including color and lighting changes.

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Sep 25 • 9:18 AM EDT • Technology • petapixel.com
It’s officially Dolly Parton Day, with parades, pink lights and book drives

Parton died of cancer last month at age 80

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Sep 25 • 9:18 AM EDT • Entertainment • spectrumlocalnews.com
Week 4 Big Ten Preview

Conference play opens for much of the league this weekend.

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Sep 25 • 9:14 AM EDT • Sports • sports.yahoo.com
Jayden Daniels injury update from Commanders GM spells good news

The Washington Commanders revealed good news on star quarterback Jayden Daniels.

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Sep 25 • 9:13 AM EDT • Sports • sports.yahoo.com
From 650,000 players to the number one target

City's devotion to data is at the heart of their efforts to close the gap on Arsenal and BBC Sport has been given unprecedent access to the inner workings of the club's metrics machine as we uncover some of the secrets guiding their work - particularly regarding player recruitment and sales. The starting point for any new signing is City's database of 650,000 footballers from around the world.

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Sep 25 • 9:13 AM EDT • Sports • sports.yahoo.com
Grizzlies' Most Realistic 2026-27 Outcome Could Be Ideal

The Grizzlies may hover around the Western Conference play-in race in 2026-27, an outcome that could balance development with favorable lottery positioning.

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Sep 25 • 9:07 AM EDT • Sports • sports.yahoo.com
Fox Sports believes panic meter is high in Tampa

Fox Sports believes panic meter is high in Tampa

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Sep 25 • 9:05 AM EDT • Sports • sports.yahoo.com
Roma and Hull City locked in race for Kvernadze

Frosinone’s Giorgi Kvernadze is one of the most sought-after players at the moment. The Georgian winger, who has made an excellent start to the season, has reportedly attracted the attention of seve...

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Sep 25 • 9:05 AM EDT • Sports • sports.yahoo.com
Forsaken or forgiven? Slumping fantasy QBs entering Sunday Week 3

Several high-value fantasy quarterbacks have disappointed after two games. Was this a warning sign, or should managers confidently stick with them?

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Sep 25 • 9:03 AM EDT • Sports • sports.yahoo.com
LISTEN: The Delicate Art of Releasing a Hit Streaming Series

If you’re a streaming service lucky enough to have a hit series on your hands, congratulations — now the hard part begins. Keeping that series on the air, let alone growing its audience over time, can...

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Sep 25 • 9:01 AM EDT • Entertainment • yahoo.com
Notre Dame vs Purdue Game Predictions

The undefeated Fighting Irish seek their eleventh consecutive rivalry victory as an explosive offense prepares to dismantle a struggling Boilermaker defense in this high-stakes Big Ten showdown.

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Sep 25 • 9:00 AM EDT • Sports • sports.yahoo.com
Lakers Have Obvious Forward Target to Reunite With Luka Dončić

Derrick Jones Jr. already knows how to play alongside Luka Dončić, but getting him from the Clippers would take more than a familiar connection.

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Sep 25 • 9:00 AM EDT • Sports • sports.yahoo.com
Rhett Lashlee 'Confident' In SMU Turnaround vs. Missouri State

The Mustangs hurt themselves in the loss to Louisville, but Lashlee is confident his team has learned its lesson.

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Sep 25 • 9:00 AM EDT • Sports • sports.yahoo.com
Space Needle, more Seattle landmarks anchor community fitness events

Base 2 Space, the Light Rail Relay and the Dick's-A-Thon are uniquely Seattle fitness challenges — with racers participating for a number of good causes.

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Sep 25 • 9:00 AM EDT • Entertainment • yakimaherald.com
The under-looked cause to the Ravens’ 1-1 start

The hidden culprit sabotaging the Ravens

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Sep 25 • 9:00 AM EDT • Sports • sports.yahoo.com
Are Barcelona right to move on from Julian Alvarez?

Do you agree with Deco?

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Sep 25 • 9:00 AM EDT • Sports • sports.yahoo.com
Will the Braves rue the Martin Perez injury?

Maybe it’ll be just fine… in this regard

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Sep 25 • 9:00 AM EDT • Sports • sports.yahoo.com
Film Room: What’s Wrong With the Steelers Offense?

The Pittsburgh Steelers offense is off to an anemic start, with the third-worst opening stretch among all teams in EPA/play […]

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Sep 25 • 9:00 AM EDT • Sports • sports.yahoo.com
New movies to watch this weekend: See 'Primetime' and 'Heart of the Beast' in theaters, rent or buy 'Super Troopers 3,' stream 'Tuner' on Paramount+

In theaters now: Robert Pattinson wows in his turn as "To Catch a Predator" host Chris Hansen — and don't underestimate the power of Brad Pitt and a dog.

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Sep 25 • 8:54 AM EDT • Entertainment • yahoo.com
Mets at Nationals: How to watch on Sept. 25, 2026
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Sep 25 • 8:45 AM EDT • Sports • sports.yahoo.com
CVS Health Strengthens Energy Resilience To Support Patient Care

NORTHAMPTON, MA / ACCESS Newswire / September 25, 2026 / Originally published on Company NewsroomThe demand for reliable energy continues to grow, and for , dependable operations are essential to serving millions of patients and customers across the country. That's why we're expanding our use of renewable electricity and investing in energy solutions that help reduce emissions, strengthen business resilience and support uninterrupted care.

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Sep 25 • 8:45 AM EDT • Health • finance.yahoo.com
STAFF PICKS: Notre Dame Fighting Irish VS Purdue Boilermakers

The staff picks for Notre Dame VS Purdue plus other big games from across the country.

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Sep 25 • 8:43 AM EDT • Sports • sports.yahoo.com
Getting Ready for Jackson Jobe’s Final Start

As the flame-throwing righty finds his groove following surgery, Detroit fans get a final look at the electric arm poised to lead the franchise’s next pitching generation.

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Sep 25 • 8:41 AM EDT • Sports • sports.yahoo.com
Pioneer of China NewCo model sued in US over trade secret misuse, double-dealing

A legal feud unfolding in New York is putting a spotlight on the work of a business development veteran who is credited for pioneering one of biopharma’s hottest dealmaking mechanism: the China “NewCo” model. In a lawsuit originally filed in New York state court and recently moved to federal court, China’s Lepu Medical Technology has alleged that biopharma business development consultant Su Zhang, who was hired to help shop its GLP-1 weight-loss candidates to Western partners, engaged in corporate double-dealing and trade secret leaks. According to the complaint, while acting as Lepu’s primary dealmaking liaison for a group of obesity and metabolic disease drug candidates, Zhang was secretly double-dipping as the acting chief business officer for a direct competitor, BrightGene Pharmaceutical. “She never adequately disclosed the role, never sought Lepu’s consent, and never proposed any safeguard,” Lepu alleged in its complaint, which was filed in July after Zhang’s consulting firm, CoDevCo, sought certain transaction-based success fees from its angry customer through an arbitration process in Singapore. Lepu, the parent company of Lepu Biopharma, has asked Zhang to pay back its $500,000 retainer and disgorge all benefits she received during the alleged breaches of fiduciary duty, plus other damages and relief. The company has also requested the court grant injunctions to protect Lepu’s trade secrets. The ill-fated partnership officially kicked off in December 2024, when Lepu tapped CoDevCo as its “exclusive business development mechanism” to identify collaborators for the company’s drug candidates. According to Lepu’s complaint, Zhang personally negotiated and signed the agreement as managing director for CoDevCo, which used her home address. Before the Lepu deal, Zhang made a name following a short stint as the global head of business development for Hengrui Pharmaceuticals. It was during her tenure that Hengrui signed a landmark deal granting exclusive rights for a portfolio of GLP-1 assets to Hercules, which was at that time newly established by a group of private equity and venture capital firms. In addition to the regular upfront and milestone payments, Hengrui also gained an equity stake in Hercules, which later became Kailera Therapeutics. The Hengrui-Hercules deal opened a new paradigm, where a Chinese biopharma company spins off certain early-stage assets to investors for further development through the creation of a new company abroad. The “NewCo” model quickly came into vogue as it allows Western investors to access high-potential assets originating from China at an early stage while giving the Chinese licensors an opportunity to reap long-term benefits through equity stakes in the new firms. The NewCo model proved its value when Kailera staged a record-breaking $625 million IPO on Nasdaq this April, merely two years into the Hengrui deal. Related Kailera CEO 'knew we were in a good spot' before obesity biotech's record-breaking $625M IPO On her LinkedIn page, Zhang described her work at Hengrui as “[b]uilding team and capability from the ground up,” forming NewCo and major pharma partnerships worth billions of dollars. Lepu clearly wanted that kind of track record to help boost its own cardiometabolic portfolio, which includes a range of assets for obesity, Type 2 diabetes, fatty liver disease and muscle preservation during weight loss treatment. “Lepu’s pipeline is very valuable, but only if Lepu could secure the right international partner to expand into the overseas market during the available commercial window,” the company argued in its complaint. The Chinese biotech said it had little knowledge of U.S. laws, customs or business practices in the business development field, and therefore “needed to rely entirely” on the expertise of Zhang and her team as the firm’s first engagement of a U.S.-based BD consultant. “Zhang’s dominating influence on the business development strategy is further evidenced by the fact that she personally controlled the business-development communications on behalf of Lepu with potential partners,” Lepu said in its complaint. After entering the deal, Zhang introduced Lepu to her four associates. According to Lepu’s version of events, all of them were allegedly employed at different time points to perform similar jobs at other Chinese companies that Lepu described as its competitors, while having access to Lepu’s confidential information. As such, Lepu described Zhang’s team as “a roster of individuals whose primary professional loyalty, by virtue of their concurrent full-time employment, ran to Lepu’s competitors.” As well as the specific examples set out in the case, a look at Lepu’s deals over the period suggests Zhang may have been involved in at least one transaction. During their partnership, Lepu, through its subsidiary Shanghai Minwei Biotechnology, also out-licensed its GLP-1/GIP/FGF21 agonist MWN105 to a NewCo called Sidera Bio in the fall of 2025. The deal included an upfront and near-term payment of $35 million, up to $1.01 billion in milestones, and a 9.99% stake in the Danish startup. It seems likely that Zhang facilitated the Minwei deal given that Lepu is on record as having used CoDevCo as its “exclusive business development mechanism.” The big shock for Lepu came in the form of a news article on June 25, 2025. The article, reporting on phase 2 data for BrightGene’s GLP-1/GIP receptor agonist BGM0504, identified Zhang as acting chief business officer of the Lepu rival. Blindsided by her association with BrightGene, Lepu confronted Zhang in July 2025. “Lepu was given assurances that there was nothing to be concerned about and told that Zhang would explain the matter to Lepu,” Lepu alleged in its complaint. “Zhang never did.” Lepu claimed that Zhang had the motive and opportunity to steer potential prospective partners toward BrightGene or other competitors. Later, in February 2026, one of Zhang’s associates joined BrightGene as the vice president for global business development, according to the complaint. Around the same time, Lepu sent written demand letters asking Zhang to account for her BrightGene role, identify what confidential data were shared with the rival firm, and provide any conflict-of-interest or firewall policies during the engagement. According to Lepu, neither CoDevCo nor Zhang answered the questions in their responses. Related Novo vs. KBP: How a $1.3B deal turned into a fraud accusation and an international legal fight In a motion to dismiss filed with the U.S. District Court in the Eastern District of New York on Sept. 4, Zhang’s legal team argued that Lepu’s agreement was signed with CoDevCo, and that an employee of the contractor does not owe fiduciary duties to the client. In its complaint, Lepu said: “That CoDevCo was the contracting entity does not insulate Zhang from personal liability for duties she personally undertook and personally breached.” Taking the argument one step further, the defending party argued that the consulting agreement “does not create a fiduciary relationship even between CoDevCo and Lepu; instead, it identifies CoDevCo as an independent contractor retained to market Lepu’s business to potential western partners.” Although CoDevCo was Lepu’s exclusive business-development contractor, there were no terms stipulating that the consulting firm should serve only Lepu, Zhang’s lawyer noted. As to Lepu’s claims that Zhang misappropriated trade secrets, the defendant argued that Lepu authorized the use of the information so Zhang’s team could perform their service per the agreement. In a rebuttal filed on Sept. 11, Lepu’s lawyer set out why they believe the Chinese biotech satisfied New York law’s misappropriation definition by alleging that the defendant used a trade secret “in breach of a duty or through improper means.” As an alternative to dismissing the suit, the defendant suggested the action should be stayed pending outcomes from the arbitration of a separate case in Singapore. While NewCo pioneer Zhang is defending her business arrangements, momentum behind the NewCo trend has continued unabated into 2026. Through August, Chinese biotech assets have spurred 15 NewCo deals this year, according to local trade publication PharmaDJ.

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Sep 25 • 8:40 AM EDT • Business • fiercebiotech.com
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