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- Biotech & Pharma Updates | August 18 - 19, 2025
Biotech & Pharma Updates | August 18 - 19, 2025
🧬 BMS, Pfizer, Regeneron signal strong Q2 sales after an oddly weak Q1, Novo Nordisk + BioMedX partner on oral peptide drug delivery tech, Ozempic scores additional label approvals in Canada, Viking Tx shares crater after disappointing Ph2 obesity pill readout, FDA rejects PTC's Friedreich’s ataxia small molecule, CSL cuts 15% of workforce - slashing R&D and considering vaccine subsidiary spin out

BMS, Pfizer, Regeneron signal strong Q2 sales after an oddly weak Q1. | Gif: Furrend on Giphy
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✅ The Good News ✅
THE GOOD
Approvals & Labels
Health Canada approves Pfizer/BioNTech's COMIRNATY LP.8.1 variant vaccine for COVID-19 in ages 6 Months+
Vaccine, infectious disease, mRNA vaccine, COVID-19, Omicron variant, pediatric population - Read more
EU approves Madrigal's Rezdiffra, first thyroid receptor-β therapy for non-cirrhotic metabolic dysfunction-associated steatohepatitis with fibrosis
Small molecule, metabolic, thyroid hormone receptor agonist, metabolic dysfunction-associated steatohepatitis (MASH), liver fibrosis - Read more
Health Canada approves Novo Nordisk's Ozempic (semaglutide) for chronic kidney disease in type 2 diabetes patients
Small molecule, metabolic, GLP-1 receptor agonist, type 2 diabetes, chronic kidney disease, cardio-renal protection - Read more
THE GOOD
Business Development & Partnerships
Halda, VantAI partner on "hold-and-kill" RIPTAC drug targets for cancer therapy in potential $1B collaboration
Research collaboration, oncology, AI/ML, small molecule, immunology, milestone payments - Read more
Santhera, Uniphar partner for AGAMREE distribution in five GCC countries for Duchenne muscular dystrophy treatment
Distribution agreement, rare disease, commercialization, Middle East - Read more
BioMedX, Novo Nordisk partner on novel oral peptide delivery formulations to extend gut retention and improve absorption
Research collaboration, drug delivery, peptide therapeutics, oral formulation, R&D, gastrointestinal - Read more
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✅ More Good News ✅
THE GOOD
Clinical Trials
Celldex's Ph2 study: Barzolvolimab meets mast cell endpoint in eosinophilic esophagitis but misses clinical outcomes
Antibody, autoimmune, monoclonal antibody, eosinophilic esophagitis, mast cell depletion, KIT-targeting - Read more
THE GOOD
Earnings & Finances
Leo Pharma reports strong US sales growth from Adbry, with Anzupgo launch boosting 2025 outlook
JAK inhibitor, dermatology, financial growth, strategic transformation, market expansion - Read more
THE GOOD
Fundraises
Convoke raises $8.6M seed funding for AI operating system to accelerate biopharma development
AI/ML platform, software platform, biopharma, platform-enabled, data analytics - Read more
CorriXR Therapeutics raises $1M state investment, advancing solid tumor gene editing treatments
Oncology, gene therapy, solid tumors, platform technology, preclinical - Read more
Sensorium raises $25M Series A extension for plant-derived anxiety drug trial
Neurological, small molecule, plant-derived, anxiety, platform technology, clinical-stage - Read more [Paywall]
Axelyf raises $2.6M seed funding, developing RNA delivery with lipid nanoparticle tech
Platform technology, lipid nanoparticle delivery, RNA therapeutics, AI/ML platform, preclinical - Read more
NovaBay Pharmaceuticals secures $6M investment from David Lazar
Equity investment, acquisition, C-suite changes, financing - Read more
THE GOOD
Lawsuits
Amgen's ChemoCentryx wins investor lawsuit alleging fraud about Tavneos safety data; drug now generating $256M annually
Small molecule, autoimmune, rare disease, legal, financial, regulatory - Read more
THE GOOD
Market Reports
Pfizer, Regeneron, and Bristol Myers Squibb lead US pharma giants in Q2 sales recovery after Q1 declines
Pharmaceutical industry, financial, revenue impact, strategic, competitive - Read more
THE GOOD
Product Launches
Bayer launches Mexican-popular Aspirina pain reliever in US, targeting Hispanic consumers
NSAID, pain management, consumer health, product launch, market expansion, diversity strategy - Read more
THE GOOD
Regulatory
FDA releases draft guidance for optimizing oncology therapeutic radiopharmaceutical dosages during clinical development
Radiopharmaceutical therapy, oncology, regulatory, clinical development - Read more
❌ The Bad News ❌
THE BAD
Approvals & Labels
FDA rejects PTC Therapeutics' vatiquinone for Friedreich's ataxia, citing insufficient efficacy evidence in Ph3 trial
Small molecule, neurological, Friedreich's ataxia, rare disease, failed clinical trial, mitochondrial dysfunction - Read more
THE BAD
Clinical Trials
Viking Therapeutics' GLP-1/GIP obesity pill VK2735 shows 12% weight loss in Ph2, disappointing investors and cratering stock
Small molecule, metabolic, GIP/GLP-1 agonist, obesity, oral therapy - Read more
THE BAD
Layoffs
CSL to cut 15% of workforce, reduce R&D costs and spin out vaccine unit in restructuring plan
Vaccines, infectious disease, operational, cost reduction, strategic restructuring - Read more
Opthea cuts 85% of staff following eye disease drug failures, loses CEO amid financial restructuring
Small molecule, ophthalmology, clinical failure, financial impact, restructuring - Read more
THE BAD
Regulatory
FDA halts BiomX's cystic fibrosis trial due to nebulizer device concerns, not phage therapy itself
Phage therapy, cystic fibrosis, regulatory, operational, delivery device - Read more
👹 The Ugly News 👹
THE UGLY
Regulatory
Regenxbio's Hunter syndrome gene therapy faces three-month FDA review delay - from Nov 2025 to Feb 2026
Gene therapy, rare disease, regulatory, Hunter syndrome, orphan drug - Read more
You’re all caught up on the latest Pharma & Biotech News!

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