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- Biotech & Pharma Updates | April 1 - 2, 2025
Biotech & Pharma Updates | April 1 - 2, 2025
Atsena Therapeutics $150M Series C for rare genetic eye disease gene therapy, Sanofi pays Nurix Therapeutics $15M upfront rights to "once-undruggable" transcription factor degrader, BioMarin's Palynziq enzymatic therapy delivers positive Ph3 data for adolescents with PKU, Edgewise Therapeutics' spooks investors with EDG-7500 Ph2 results in hypertrophic cardiomyopathy, researchers sue NIH and HHS leaders over $1.1 billion in unlawfully canceled research grants + 29 more stories

Atsena Therapeutics $150M Series C for rare genetic eye disease gene therapy. | Gif: Even Stevens
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✅ The Good News ✅
THE GOOD
Business Development
Sanofi pays Nurix Therapeutics $15M upfront + $465M biobucks for exclusive rights to a “once-undruggable” transcription factor degrader targeting autoimmune diseases
Small molecule, protein degrader - Read more
Xcell Biosciences out-licenses AVATAR cell manufacturing tech to bluebird bio for Lyfgenia gene therapy supply in sickle cell disease
Gene therapy, gene therapy manufacturing, sickle cell disease, manufacturing platform - Read more
THE GOOD
Clinical Trials
Desentum touts positive Ph1 results for pollen allergy vaccine DM-101PX
Vaccine, allergic reaction, pollen allergy - Read more
BioMarin's Palynziq (targeting phenylalanine) enzymatic therapy delivers positive Ph3 data for adolescents with PKU
Recombinant enzyme, phenylketonuria - Read more
Medera's showcases promising Ph1/2a results for gene therapy SRD-002 (targeting SERCA2a) in heart failure with preserved ejection fraction
Gene therapy, heart failure, drug delivery, adeno-associated virus (AAV) - Read more
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✅ More Good News ✅
THE GOOD
Company Launches
Artis BioSolutions launches as cell and gene therapy CDMO via acquiring Landmark Bio
CDMO (Contract Development & Manufacturing Organization), cell therapy, cell therapy manufacturing, gene therapy, gene therapy manufacturing - Read more
THE GOOD
Fundraises
Atsena Therapeutics raises $150M Series C to advance gene therapy for rare genetic eye disease
Gene therapy, X-linked retinoschisis, adeno-associated virus (AAV) - Read more
CMR Surgical $200M financing, expanding US rollout of Versius surgical robot system
Medical device, robotics, surgical Robotics - Read more
THE GOOD
Investments
CellCentric opens Boston office as second hub for international operations
New facility, small molecule, multiple myeloma, cancer - Read more
THE GOOD
Mergers & Acquisitions
Concentra Biosciences to acquire Allakos for $0.33 per share in cash, expected to close in May 2025
Monoclonal antibody, inflammatory disease, cancer, solid tumor - Read more
Artis Biosolutions acquires Landmark Bio, jumping into the cell and gene therapy CDMO space
CDMO (Contract Development & Manufacturing Organization), cell therapy, cell therapy manufacturing, gene therapy, gene therapy manufacturing - Read more
Marubeni acquires 60% of Sumitomo Pharma's Asian operations for $300M, creating new pharmaceutical company with option for full ownership by 2029
M&A strategy, big pharma strategy - Read more
Siemens acquires Dotmatics for $5.1 billion, expanding its AI-powered software portfolio into Life Sciences R&D
Software, AI - Read more
Roche acquires Notch Therapeutics' Canadian division after layoffs and lab closures, integrating its preclinical cell therapy technology
Cell therapy, induced pluripotent stem cell (IPSC/iPS cell), stem cell-derived therapy, T cell therapy, allogeneic cell therapy, cancer, autoimmune disease - Read more
THE GOOD
Partnerships
Leica Biosystems, Bio-Techne, expanding partnership to automate RNAscope Multiomic LS Assay for spatial biology research
Spatial analysis, spatial biology, -omics, equipment/instrumentation - Read more
IgniteData, AstraZeneca, Memorial Sloan Kettering partner to deploy Archer EHR-to-EDC automation tool in Phase III trial
Electronic health records, clinical trial tech collab - Read more
Medtronic, Methinks AI partnership aims to enhance stroke care using AI radiological triage system alongside Medtronic's neurovascular treatments
AI, stroke - Read more
knownwell to be listed as a “primary care provider” on Eli Lilly LillyDirect DTC platform
Direct-to-consumer, metabolic disease, obesity, diabetes - Read more
R3 Distribution partners with Drug Intervention Institute to distribute ONEbox kits with naloxone and training videos for overdose emergencies
Supply contract, opioid epidemic, opioid overdose reversal - Read more
THE GOOD
Politics & Policy
Maryland judge requires federal agencies to reverse probationary worker terminations as states challenge controversial cuts
Research layoffs, Public agency layoffs, US Department of Health & Human Services (HHS) - Read more [Paywall]
THE GOOD
Product Launches
Amneal Pharmaceuticals launches Boruzu, a RTU bortezomib (targeting 26S proteasome) injection for cancer treatment, developed with Shilpa Medicare
Small molecule, multiple myeloma, lymphoma, drug formulation - Read more
THE GOOD
Research
Researchers develop proteomics-based patient models to personalize treatments for childhood cancer, complementing genomic approaches with protein analysis
Cancer, cancer detection/screening, proteomics - Read more
Personalized TIL immunotherapy combined with pembrolizumab (targeting PD-1) significantly reduced metastatic gastrointestinal tumors in clinical trial patients
Cell therapy, tumor-inflitrating lymphocyte (TIL), gastrointestinal cancer - Read more
THE GOOD
Strategic Plans
Danish biotech Pila Pharma seeks partnership or acquisition to advance obesity and diabetes drug XEN-D0501 (targeting TRPV1) to market
Small molecule, obesity, diabetes, partnership search - Read more
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❌ The Bad News ❌
THE BAD
Adverse Events
Patient in Cabaletta Bio's autoimmune CAR-T trial experienced neurotoxicity (which resolved quickly after treatment)
Cell therapy, CAR-T, autoimmune disease - Read more
THE BAD
Clinical Trials
Edgewise Therapeutics' spooks investors with EDG-7500 (cardiac sarcomere modulator) Ph2 results in hypertrophic cardiomyopathy, as efficacy data overshadowed by serious atrial fibrillation events
Small molecule, hypertrophic cardiomyopathy - Read more
Roche's high-dose Ocrevus (targeting CD20) flops in Ph3 multiple sclerosis trial versus standard dose
Monoclonal antibody, multiple sclerosis (MS) - Read more
THE BAD
Earnings & Finances
Despite “a slight” predicted increase to Boehringer Ingelheim sales in 2025, US market uncertainties and health agency cuts could be cause for concern
Big pharma strategy, tariffs - Read more
THE BAD
Lawsuits
FTC pauses lawsuit against major PBMs due to commissioner shortage after leadership changes
Federal Trade Comission (FTC), pharmacy benefit managers - Read more
THE BAD
Layoffs
Gilead Sciences cutting 149 Bay Area jobs
Small molecule, human immunodeficiency virus (HIV), antiviral - Read more
Flagship-backed Sail Biomedicines cuts 12 jobs as part of organizational restructuring
RNA, GLP-1, obesity, autoimmune disease, cystic fibrosis, malaria, infectious disease - Read more
THE BAD
Politics & Policy
Trump announces 10% baseline tariff with higher rates for China, Japan, and EU, though pharmaceuticals appear exempt (for now)
Tariffs, drug pricing - Read more
👹 The Ugly News 👹
THE UGLY
Lawsuits
Researchers sue NIH and HHS leaders over $1.1 billion in unlawfully canceled research grants, calling it wasteful and harmful to scientific progress
Federal research funding, National Institute of Health (NIH), US Department of Health & Human Services (HHS) - Read more
THE UGLY
Politics & Policy
Trump administration cuts Planned Parenthood's federal family planning funds, affecting healthcare services for low-income people
Planned parenthood, healthcare equity - Read more
You’re all caught up on the latest Pharma & Biotech News!

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