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- Biotech & Pharma Updates | April 18 - 21, 2025
Biotech & Pharma Updates | April 18 - 21, 2025
Novo Nordisk submits oral GLP-1 approval application to FDA, Alis Biosciences launches fund to unlock trapped capital from public biotech companies with depressed valuations, Tempest Therapeutics lays off 80% of staff following strategic alternatives announcement + more NIH and federal funding chaos

Novo Nordisk preps for (another) windfall after submitting oral semaglutide formulation to FDA after successful Ph3. | Gif: lastmanstandingfox on Giphy
All the top Biotech & Pharma news in one daily newsletter.
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(Sorry for the late edition today - rolling in slow from the Long Weekend!)
✅ The Good News ✅
THE GOOD
Approvals & Labels
Sanofi and Regeneron's Dupixent (dupilumab) approved by FDA for chronic spontaneous urticaria in patients 12+ unresponsive to antihistamines after Ph3 trials
Monoclonal antibody, chronic spontaneous urticaria - Read more
FDA approves reduced monitoring for Bristol Myers Squibb's Camzyos (mavacamten), a cardiac myosin inhibitor for symptomatic obstructive hypertrophic cardiomyopathy, expanding patient eligibility
Small molecule, hypertrophic cardiomyopathy - Read more
Akeso's Eiroqi (ebdarokimab), an IL-12/IL-23 monoclonal antibody, approved by NMPA for moderate to severe plaque psoriasis in adults
Monoclonal antibody, plaque psoriasis - Read more
Medtronic receives FDA approval for pairing Simplera Sync continuous glucose monitor with MiniMed 780G insulin pump for diabetes management.
Medical countermeasures, diabetes, insulin, insulin pump, insulin delivery - Read more
Novo Nordisk submitted oral semaglutide to FDA for obesity approval following successful Ph3 trial showing 15% weight loss after 64 weeks
GLP-1, drug approval process, obesity, oral formulation - Read more
THE GOOD
Business Development
VelaVigo licenses bispecific antibody VBS-102 to Ollin for $440M, retaining Greater China rights
Bispecific antibody, undisclosed indications - Read more
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✅ More Good News ✅
THE GOOD
Clinical Trials
Ferring presests Ph3 trial data showing ADSTILADRIN (nadofaragene firadenovec-vncg) effective for high-risk bladder cancer with 75% complete response in Japanese patients
Gene therapy, bladder cancer, adenovirus - Read more
Gilead's Trodelvy (Trop-2 ADC) plus Merck & Co.'s Keytruda improved progression-free survival in Ph3 trial for newly diagnosed triple-negative breast cancer patients
Antibody-drug conjugate (ADC), monoclonal antibody, breast cancer - Read more
AstraZeneca and Daiichi Sankyo's Enhertu (trastuzumab deruxtecan) plus Roche's Perjeta (pertuzumab) shows PFS benefits in Ph3 trial for HER2-positive metastatic breast cancer
Antibody-drug conjugate (ADC), monoclonal antibody, breast cancer - Read more
HuidaGene tests first CRISPR therapy in brain for MECP2 duplication syndrome and Duchenne muscular dystrophy, showing promising early results
CRISPR, gene-editing, MECP2 duplication syndrome - Read more
THE GOOD
Company Launches
Alis Biosciences launches fund to unlock trapped capital from public biotech companies with depressed valuations
Venture capital, public markets, trapped capital - Read more
THE GOOD
Fundraises
Aptevo Therapeutics $2.0M registered direct offering, developing bispecific immunotherapies for cancer treatment with proceeds for clinical development.
Bispecific antibody, cancer, myeloid leukemia, solid tumor - Read more
Invivyd $30M loan facility with Silicon Valley Bank for developing VYD2311, a monoclonal antibody for COVID-19 protection
Monoclonal antibody, COVID-19 - Read more
PhotoPharmics $6M Series B extension, pioneering light-based neurodegenerative disease therapies including Parkinson's.
Photodynamic therapy, Parkinson's disease, neurodegenerative disease - Read more
THE GOOD
Investments
EuBiologics leads Korea's $356 million government project to develop domestic mRNA vaccines for future pandemics.
Public-private partnership, mRNA, domestic manufacturing, COVID-19, pandemic preparedness - Read more
THE GOOD
Lawsuits
Alvogen appeals court ruling blocking its generic version of Bausch Health's IBS drug Xifaxan until at least 2028
Small molecule, antibiotic, generic, generic suit, infectious disease - Read more
THE GOOD
Mergers & Acquisitions
Voiant acquires Voxeleron to accelerate AI-driven ophthalmic image analysis for eye disease treatment innovation
AI, imaging, software - Read more
THE GOOD
Partnerships
Fibrolamellar Cancer Foundation, Dialectic Therapeutics, partnering to fund production of DT2216 drug for fibrolamellar cancer clinical trial
Small molecule, fibrolamellar, liver cancer, supply contract - Read more
Onco-Innovations, Dalton Pharma, partner for custom isotope synthesis of PNKP inhibitor technology advancing cancer treatment research
Radiopharm, isotope manufacturing, nanoparticle, colorectal cancer, manufacturing partnership - Read more
Ono Pharmaceutical, Jorna Therapeutics, partnership using AI-guided RNA editing platform for novel drug discovery and development
RNA Editing, protein, AI, drug discovery - Read more
DAAN Biotherapeutics, GC Cell, exclusive licensing of tumor antigen-specific antibody for CAR-T and CAR-NK cell therapies development
Cell therapy, CAR-T, CAR-NK (natural killer) cell, drug development, cancer, solid tumor - Read more
THE GOOD
Product Launches
CSL Behring launches ANDEMBRY, a once-monthly injectable anti-FXIIa monoclonal antibody for HAE attack prevention in Japan
Monoclonal antibody, hereditary angioedema - Read more
THE GOOD
Regulatory
FDA Commissioner Makary plans new pathway for rare disease drug approvals based on plausible mechanisms rather than randomized trials.
Rare disease, drug approval process, regulatory guidance - Read more
THE GOOD
Research
Study shows AI chatbot Therabot effectively reduced depression, anxiety, and eating disorder symptoms, with high patient engagement.
Read more
❌ The Bad News ❌
THE BAD
Approvals & Labels
FDA issues complete response letter for Regeneron's Eylea HD (aflibercept, targeting VEGF), rejecting extended dosing intervals beyond 16 weeks
Fusion protein, wet age-related macular degeneration (wet AMD), macular edema following retinal vein occlusion, diabetic macular edema, diabetic retinopathy, drug formulation, long-acting formulation - Read more
THE BAD
Lawsuits
ToolGen sues Vertex in UK for patent infringement, claiming its CRISPR RNP technology was used in Vertex's gene therapy CASGEVY
Gene therapy, patent suit, CRISPR, sickle cell disease, beta thalassemia - Read more
THE BAD
Layoffs
Tempest Therapeutics lays off 80% of staff following strategic alternatives announcement, retaining key employees as consultants
Small molecule, cancer - Read more
THE BAD
Politics & Policy
NIH ends funding for Pluri Biotech's radiation exposure cell therapy PLX-R18, citing possible budget cuts after years of support
Cell therapy, acute radiation syndrome, placental stromal cells, federal research funding - Read more
👹 The Ugly News 👹
THE UGLY
Politics & Policy
FDA layoffs gut user fee negotiation teams, disrupting critical staff and functions necessary for industry-regulator partnerships
Drug user fee program, drug approval process - Read more
White House website Covid.gov now promotes lab leak theory, replacing health guidance with Trump imagery and conspiracy claims.
COVID-19, lab leak theory - Read more [Paywall]
NIH reportedly halts awarding new grants to elite universities amid Trump administration's funding freeze, impacting at least six institutions
Federal funding, federal research funding, National Institute of Health (NIH) - Read more [Paywall]
NIH bans grants to universities with DEI programs or Israel boycotts, threatening to revoke funding
Federal funding, federal research funding, National Institute of Health (NIH), DEI - Read more [Paywall]
Post-Brexit red tape and costs prevent NHS cancer patients from accessing life-saving drugs and trials, leaked report finds
Brexit, drug access, healthcare access, cancer - Read more
THE UGLY
Withdrawals & Recalls
Amneal recalls ropivacaine anesthetic due to potential plastic fiber contamination that could cause serious side effects.
Small molecule, contaminant, injectables - Read more
You’re all caught up on the latest Pharma & Biotech News!

Unrelated to biotech (but still very consequential) - gold is on an absolute tear rn. | Gif: Seinfeld
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