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The Latest Biotech & Pharma Updates
Biotech & Pharma Updates | March 25 - 26, 2025
Bayer in-licenses PRMT5 inhibitor from China's Puhe BioPharma, FDA expands Exelixis' cabozantinib (tyrosine kinase inhibitor) label for neuroendocrine tumors in adults and children 12+, Epicrispr Biotechnologies $68M Series B to fuel epigenetic editing therapy for rare muscle disease, CGT CDMO and service provider ElevateBio cuts 17% of staff + 27 more stories
Biotech & Pharma Updates | March 24 - 25, 2025
Drug formulation biotech Lyndra Therapeutics shutters, Merck & Co. pays $200M to in-license Jiangsu Hengrui's experimental LpA-blocking heart drug, Hillstar Bio launches with $67M and big autoimmune dreams, DOGE reverses closure of three FDA sites including St. Louis drug quality lab, NIH ends future funding for studies on health effects of climate change + 32 more stories
Biotech & Pharma Updates | March 23 - 24, 2025
23andMe declares bankruptcy, Novo Nordisk in-licenses "triple-G" obesity med from a Chinese biotech, Tempero Bio's $70M Series B to develop substance use disorder therapies, PolTREG + Antion Biosciences partner to develop allogeneic off-the-shelf CAR-Treg therapies, Opthea future indout as their wet AMD hopeful sozinibercept flops in Ph3 + more stories
Biotech & Pharma Updates | March 20 - 23, 2025
J&J pledges massive $55B US domestic manufacturing push, a16z plans a (downsized) $750M Bio Fund, AstraZeneca pledges $2.5B infrastructure investment in Beijing, HHS' healthcare quality research agency could face 80-90% staff cuts + 27 more stories
Biotech & Pharma Updates | March 19 - 20, 2025
Sanofi to pay up to $1.9B for Dren Bio's bispecific for autoimmune diseases, Alnylam's Amvuttra approved by FDA for transthyretin amyloidosis with cardiomyopathy, Delpharm receives $42M from Canada to upgrade former Sandoz plant in Quebec that produces essential sterile injectables, Century Therapeutics pivots cell therapy aspirations to autoimmune diseases after cancer failure, medical orgs and doctors jointly affirm vaccine safety amid misinformation and infectious disease outbreaks + 35 more stories
Biotech & Pharma Updates | March 18 - 19, 2025
Roche's up to $1B cancer drug target partnership with Oxford BioTherapeutics, REGENXBIO's DMD gene therapy delivers promising (and safe) Ph1/2 data, Ampersand Biosciences $65M Series B to fuel “smart medicines” ambitions in immuno-inflammation and immuno-oncology, CARGO Therapeutics shutters R&D and lays off 90% of staff, Trump admin considering major cuts to CDC's HIV prevention division + 23 more stories
Biotech & Pharma Updates | March 17 - 18, 2025
Sofinnova Partners grabs attention by launching three separate NewCos AND announcing their €165M ($180M) Biovelocita II fund, Arbor raises a $74M Series C to advance their ABO-101 gene editing therapy, Sarepta stock sinks after a DMD patient dies from Elevidys-induced acute liver failure + 29 more stories
Biotech & Pharma Updates | March 16 - 17, 2025
AstraZeneca bets big on cell therapies potential in-vivo future by snapping up EsoBiotec for up to $1B, Pillar VC raises $175M Fund IV, Curevo $110M Series B to support shingles vaccine development, Incyte's JAK1 inhibitor povorcitinib meet Ph3 goals but disappoints investors, NIH cancels 30-year diabetes study funding amid Trump admin's actions against Columbia University + 38 more stories
Biotech & Pharma Updates | March 14 - 16, 2025
BMS' Breyanzi (CD-19 CAR-T) nabs expanded follicular lymphoma nod in Europe, MeiraGTx spins off Parkinson's and obesity gene therapies to newco Hologen Neuro AI, Montara Therapeutics $28M seed extension to develop safer CNS drug combos, Sutro Biopharma cuts 50% of staff, NIH reportedly cancels over 40 grants studying vaccine hesitancy + 45 more stories
Biotech & Pharma Updates | March 11 - 12, 2025
Insilico Medicine $110M Series E, Ono pays Ionis $280M upfront + biobucks for rare blood disease drug, Harbour BioMed launches a newco focused for bispecifics in obesity (with muscle preservation), Seikagaku's FDA CRL for SI-6603 due to manufacturing concerns, Oklahoma confirms first two measles cases linked to Texas-New Mexico outbreak + 21 more stories
Biotech & Pharma Updates | March 10 - 11, 2025
Zealand finds an obesity partner in Roche, 2seventy and it's CAR-T asset scooped up by BMS, Merck & Co. opens a $1B vaccine plant in North Carolina, Illumina earnings bleed at China import ban cuts deep, Roche absorbs gene therapy innovator Spark Therapeutics with $2.4B impairment charge + 25 more stories
Biotech & Pharma Updates | March 9 - 10, 2025
Novo Nordisk's CagriSema Ph3 disappoints investors, Flagship launches AI start-up chasing "scientific superintelligence", Beam Therapeutics notches a Ph1/2 gene-editing win, J&J & Genmab end next-gen anti-CD38 antibody development partnership + 23 more stories