
Eli Lilly posts record $23B Q2 revenue, driven by Mounjaro and Zepbound despite slower Foundayo launch | Gif: hiphopawards on Giphy
All the top Biotech & Pharma news in one daily newsletter.
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✅ The Good News ✅
THE GOOD
Business Development & Partnerships
Icon, Anthropic partner to deploy Claude AI into clinical trials via multi-year collaboration
Research collaboration, AI/ML, clinical trials, drug discovery, R&D - Read more
AstraZeneca, CSPC Pharmaceutical form joint venture for biologics manufacturing in China
Joint venture, biologics, manufacturing, AI/ML, equity investment - Read more
Arrowhead Pharmaceuticals acquires FDA Rare Pediatric Disease Priority Review Voucher for plozasiran sHTG sNDA submission
Priority review voucher, rare disease, small molecule, regulatory, cardiovascular - Read more
Amplia Therapeutics, Eli Lilly collaborate to evaluate narmafotinib plus olomorasib combination in non-small cell lung cancer
Research collaboration, oncology, small molecule, non-small cell lung cancer - Read more
Evexta Bio, Roche collaborate on Phase 1b study combining rupitasertib with giredestrant for metastatic breast cancer
Clinical trial collaboration, oncology, small molecule, supply agreement - Read more
Phylo, Chugai Pharmaceutical partner to deploy Biomni Lab AI platform across drug discovery workflows
Research collaboration, AI/ML, drug discovery, R&D - Read more
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✅ More Good News ✅
THE GOOD
Company Launches
NueCell Bio launches as specialized cell therapy translational partner, accelerating treatments from discovery to GMP manufacturing
Cell therapy, oncology, autoimmune, operational - Read more
THE GOOD
Earnings & Finances
Amgen's Repatha surges 37% in Q2 driven by cardiovascular risk reduction data momentum
Monoclonal antibody, cardiovascular, revenue impact, competitive - Read more
Gilead Sciences' HIV prevention franchise surpasses $1B quarterly sales, raises full-year HIV growth guidance
Small molecule, infectious disease, revenue impact, financial - Read more
Eli Lilly posts record $23B Q2 revenue, driven by Mounjaro and Zepbound despite slower Foundayo launch
Small molecule, metabolic disease, revenue impact, competitive - Read more
Amgen reports 10% revenue growth to $10.1B, bullish on Repatha despite new oral competitor
Small molecule, cardiovascular, financial, competitive - Read more
THE GOOD
Fundraises
Expedition Therapeutics raises $115M Series B to advance COPD drug licensed from China
Respiratory disease, small molecule, COPD, clinical-stage - Read more
Mironid raises $46M Series B to advance rare kidney disease drug toward clinic
Rare disease, small molecule, kidney disease, preclinical - Read more
Basilea Pharmaceutica receives additional $5.4M BARDA funding to advance novel oral antibiotic ceftibuten-ledaborbactam
Infectious disease, small molecule, antibiotic, clinical-stage - Read more
CND Life Sciences closes undisclosed growth funding to expand Syn-One neurodiagnostics platform
Neurodiagnostics, biomarker discovery, neurological, neurodegenerative disease, diagnostics platform - Read more
Attovia Therapeutics raises $289M IPO to advance anti-itch biologic ATTO-1310 into Phase 2
Dermatology, biologic, IL-31, chronic pruritus, clinical-stage - Read more
Grace Therapeutics plans $10M private placement to advance GTx-104 nimodipine formulation for aSAH
Neurological, small molecule, clinical-stage, aSAH - Read more
THE GOOD
Lawsuits
Gilead Sciences wins California Supreme Court ruling, dismissing HIV drug negligence claims in landmark precedent
Small molecule, HIV, regulatory, competitive - Read more
THE GOOD
Strategic Plans
Pfizer CEO defends $7B bolt-on M&A strategy, pledging dividend maintenance amid peer acquisition frenzy
M&A strategy, oncology, financial, cost reduction, strategic - Read more
Novo Nordisk CEO backs innovation as company's survival strategy amid recent pipeline setbacks
Small molecule, cardiovascular, strategic, competitive - Read more
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❌ The Bad News ❌
THE BAD
Clinical Trials
Novo Nordisk's CagriSema (cagrilintide/semaglutide), GLP-1/amylin combo, misses Ph3 blood sugar endpoint in type 2 diabetes vs. tirzepatide
Protein therapy, metabolic, cardiovascular, combination therapy, type 2 diabetes, GLP-1 - Read more
Eli Lilly drops Ph1/2 trial of (LY3884961) GBA1 gene therapy for Gaucher disease type 1
Gene therapy, neurological, metabolic, Parkinson's disease, Gaucher disease, GBA1 - Read more
THE BAD
Earnings & Finances
Novo Nordisk's upbeat forecast overshadowed by oral Wegovy sales miss and CagriSema Phase III disappointment
Small molecule, metabolic disease, financial, competitive - Read more
THE BAD
Strategic Plans
Amgen discontinues early-stage obesity drug AMG 513, shifting full weight-loss focus to MariTide
Antibody-peptide conjugate, obesity, strategic, pipeline - Read more
Pfizer expands cost-cutting program to $6.7B in savings amid ongoing post-COVID revenue decline
Cost reduction, infectious disease, financial, operational - Read more
Amgen discontinues AMG 513, leaving MariTide as sole obesity pipeline candidate amid M&A disappointment
Antibody-peptide conjugate, obesity, cardiometabolic, strategic - Read more
You’re all caught up on the latest Pharma & Biotech News!
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