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- Biotech & Pharma Updates | December 15 - 16, 2025
Biotech & Pharma Updates | December 15 - 16, 2025
🧬 Genentech + Caris Life Sciences collaborate on AI-driven cancer target discovery with $25M upfront + $1.1B milestones, Link Cell Therapies debuts with $60M series A for logic-gated CAR-T platform, Allink Biotherapeutics raises $47M Series A extension to advance ADC clinical programs, Ambros Therapeutics launches with $125M Series A to advance Italian non-opioid pain drug neridronate, Royalty Pharma acquires royalty interest in Nuvalent's neladalkib and zidesamtinib for $315M, Fosun Pharma acquires 53% stake in Green Valley Pharmaceuticals for $200M - reviving Alzheimer's drug GV-971, GSK's Exdensur (depemokimab) wins FDA approval for severe eosinophilic asthma treatment following Ph3 trials, Pfizer plans 15 obesity trials next year to replace $17 billion patent cliff revenue loss

Two “Link” related stories today: Link Cell Therapies debuts with $60M Series A, and Allink Biotherapeutics raises $47M Series A extension for ADC programs. | Gif: Legend of Zelda
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✅ The Good News ✅
THE GOOD
Approvals & Labels
GSK's Exdensur (depemokimab) wins FDA approval for severe eosinophilic asthma treatment following Ph3 trials
Antibody, autoimmune, monoclonal antibody, severe asthma, eosinophilic phenotype, IL-5 pathway - Read more
THE GOOD
Business Development & Partnerships
MapLight Therapeutics, SandboxAQ partner on CNS drug discovery targeting novel GPCR, $200M milestones
Research collaboration, neurological, AI/ML, drug discovery, milestone payments - Read more
Genentech, Caris Life Sciences collaborate on AI-driven cancer target discovery, $25M upfront, $1.1B milestones
Research collaboration, oncology, AI/ML, milestone payments - Read more
Yarrow Bioscience, GenSci partner on autoimmune thyroid disease drug GS-098, $70M upfront, $1.37B total
Licensing deal, autoimmune, antibody, milestone payments - Read more
Fosun Pharma acquires 53% stake in Green Valley Pharmaceuticals for $200M, reviving Alzheimer's drug GV-971
Acquisition, neurological, drug discovery, equity investment - Read more
Lindus Health, Quotient Sciences partner to accelerate drug development through integrated clinical trial services
Strategic partnership, clinical trials, patient recruitment, drug development, R&D - Read more
Lunit, Daiichi Sankyo collaborate on AI pathology tools for two oncology R&D programs
Research collaboration, oncology, AI/ML, digital health - Read more
RoslinCT, Ayrmid expand partnership for Omisirge commercial manufacturing following second FDA approval
Manufacturing agreement, cell therapy, hematology, commercial supply - Read more
Royalty Pharma acquires royalty interest in Nuvalent's neladalkib and zidesamtinib for $315M
Royalty acquisition, oncology, small molecule, tyrosine kinase inhibitors - Read more
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✅ More Good News ✅
THE GOOD
Clinical Trials
DBV Technologies' Viaskin Peanut meets Ph3 VITESSE trial primary endpoint for peanut allergy treatment
Protein therapy, autoimmune, epicutaneous immunotherapy, peanut allergy, desensitization - Read more
OrsoBio's TLC-6740 combination with tirzepatide shows positive Ph1b/2a results for obesity treatment
Small molecule, metabolic, mitochondrial protonophore, obesity, combination therapy, GLP-1 receptor agonist - Read more
Monte Rosa Therapeutics reports positive Ph1/2 data for MRT-2359 targeting GSPT1 in metastatic castration-resistant prostate cancer
Small molecule, cancer, molecular glue degrader, metastatic castration-resistant prostate cancer, combination therapy - Read more
Nektar Therapeutics plans Ph3 trial for rezpegaldesleukin targeting interleukin-2 in severe alopecia areata after Ph2 success
Protein therapy, autoimmune, interleukin-2 targeting, alopecia areata, phase 3 planning - Read more
THE GOOD
Company Launches
Ambros Therapeutics launches with $125M Series A to advance Italian non-opioid pain drug neridronate
Bisphosphonate, pain management, strategic, major transaction - Read more
Link Cell Therapies debuts with $60M series A from J&J, BMS for logic-gated CAR-T platform
CAR-T, oncology, strategic, major transaction - Read more
THE GOOD
Fundraises
Allink Biotherapeutics raises $47M Series A extension, advancing ADC clinical programs
Oncology, antibody-drug conjugates, clinical-stage, multi-specific antibody, solid tumors - Read more
Aeovian Pharmaceuticals raises $55M Series B, funding Phase II epilepsy study
Neurological, rare disease, small molecule, clinical-stage - Read more
TargED Biopharmaceuticals raises €21.5M ($25.3M) Series A extension for thrombotic disease treatments
Thrombotic diseases, clinical-stage, targeted therapeutics, first-in-class - Read more
THE GOOD
Regulatory
NICE appoints Jonathan Benger as new CEO ahead of expanded NHS mandate implementation
Regulatory, strategic, operational, financial - Read more
FDA Commissioner Makary denies plans for black box warning on COVID-19 vaccines, contradicting CNN report
mRNA vaccine, infectious disease, regulatory, operational - Read more
THE GOOD
Strategic Plans
Pfizer plans 15 obesity trials next year to replace $17 billion patent cliff revenue loss
Small molecule, obesity, strategic, major transaction, patent cliff, revenue impact - Read more [Paywall]
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❌ The Bad News ❌
THE BAD
Clinical Trials
Hansa Biopharma's imlifidase misses primary endpoint in Ph3 trial for anti-glomerular basement membrane disease
Protein therapy, autoimmune, enzyme therapy, anti-GBM disease, IgG-degrading enzyme, kidney transplant - Read more
THE BAD
Company Shutdown
Mythic Therapeutics shuts down, terminates lung cancer ADC trial after failing to secure funding
Antibody-drug conjugate, oncology, operational, financial - Read more [Paywall]
THE BAD
Earnings & Finances
Pfizer forecasts 2026 sales of $59.5-62.5B amid declining COVID products and patent losses
mRNA vaccine, infectious disease, financial, revenue impact - Read more
THE BAD
Regulatory
Novo Nordisk receives FDA warning letter for contamination issues at Indiana manufacturing facility
Biologic manufacturing, regulatory, operational, manufacturing quality - Read more
FDA extends Aldeyra Therapeutics' reproxalap (RASP modulator) dry eye disease review deadline to March
Small molecule, ophthalmology, dry eye disease, RASP modulator - Read more
👹 The Ugly News 👹
THE UGLY
No Ugly News Today!
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