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- Biotech & Pharma Updates | February 12 - 16, 2026
Biotech & Pharma Updates | February 12 - 16, 2026
🧬 Vertex Pharmaceuticals and CRISPR Therapeutics project $500M combined revenue for Casgevy gene therapy by 2026, Eli Lilly stockpiles $1.5B orforglipron inventory ahead of FDA approval while Novo expands Wegovy pill internationally, Nektar Therapeutics raises $460M public offering, clinical-stage immunotherapy medicine development, Eli Lilly's Retevmo (selpercatinib) shows Ph3 success in early-stage RET fusion-positive non-small cell lung cancer, Zeon Corporation invests in Chemify to accelerate digital chemistry innovation and develop new materials, CSL Seqirus receives Australian approval for neffy (adrenaline) nasal spray treating anaphylaxis in adults and children

Vertex Pharmaceuticals and CRISPR Therapeutics project $500M combined revenue for Casgevy gene therapy by 2026. | Gif: paramountplus on Giphy
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✅ The Good News ✅
THE GOOD
Approvals & Labels
CSL Seqirus receives Australian approval for neffy (adrenaline) nasal spray treating anaphylaxis in adults and children
Protein therapy, allergic reactions, epinephrine, anaphylaxis, nasal spray, emergency treatment - Read more
Encora Therapeutics receives FDA clearance for Encora X1 wearable neurostimulation device treating essential tremor
Medical device, neurological, neurostimulation, essential tremor, wearable technology - Read more
Amgen's Uplizna (inebilizumab) wins European Commission approval for generalized myasthenia gravis targeting CD19-positive B cells
Antibody, autoimmune, monoclonal antibody, generalized myasthenia gravis, CD19 target, B-cell depletion - Read more
THE GOOD
Business Development & Partnerships
Psyence BioMed, PsyLabs approve put option agreement for strategic psychedelic compound supply and manufacturing access
Manufacturing agreement, neurological, equity investment, licensing deal - Read more
Lupin, Spektus Pharma license agreement to commercialize novel antidepressant DeslaFlex in Canada
Licensing deal, neurological, drug delivery, commercialization - Read more
Zeon Corporation invests in Chemify to accelerate digital chemistry innovation and develop new materials
Strategic investment, digital chemistry, small molecule, automated synthesis, materials development - Read more
Gilead, Genhouse Bio partner on cancer drug GH31, $80M upfront, $1.45B milestones
Licensing deal, oncology, small molecule, milestone payments - Read more
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✅ More Good News ✅
THE GOOD
Clinical Trials
Eli Lilly's Retevmo (selpercatinib) shows Ph3 success in early-stage RET fusion-positive non-small cell lung cancer
Small molecule, cancer, kinase inhibitor, non-small cell lung cancer, RET fusion, adjuvant therapy - Read more
Novartis' Vanrafia (atrasentan) shows kidney function benefits in Ph3 trial, positioning for full FDA approval in immunoglobulin A nephropathy
Small molecule, kidney disease, endothelin receptor antagonist, IgA nephropathy, proteinuria - Read more
Genentech's Gazyva (obinutuzumab) meets Ph3 primary endpoint for primary membranous nephropathy treatment
Antibody, autoimmune, monoclonal antibody, primary membranous nephropathy, CD20 target - Read more
THE GOOD
Earnings & Finances
Vertex Pharmaceuticals and CRISPR Therapeutics project $500M combined revenue for Casgevy gene therapy by 2026
Gene therapy, rare disease, revenue impact, strategic - Read more
Moderna shares rise 5% despite FDA rejecting flu vaccine application over trial design issues
mRNA vaccine, infectious disease, regulatory, financial - Read more
THE GOOD
Fundraises
Medikra raises $25M IPO, botanical therapeutics for obesity and metabolic syndrome
Botanical therapeutics, obesity, metabolic syndrome, clinical-stage - Read more
BioRestorative raises $5M public offering, stem cell-based regenerative medicine therapies
Regenerative medicine, stem cell therapy, clinical-stage, biocosmeceuticals - Read more
Cencora closes $3.0 billion senior notes offering to repay OneOncology acquisition debt and corporate purposes
Oncology, financial, major transaction, debt refinancing - Read more
Nektar Therapeutics raises $460M public offering, clinical-stage immunotherapy medicine development
Immunotherapy, clinical-stage, biotechnology - Read more
Newron Pharmaceuticals raises €38M equity funding, advancing Phase III evenamide program
Neurological, schizophrenia, clinical-stage, small molecule - Read more
Immunic raises $400M private placement, oral therapies for neurologic, gastrointestinal diseases
Neurological, gastrointestinal, oral therapies, late-stage - Read more
AMPLY Discovery receives undisclosed strategic investment for AI-driven drug discovery platform
AI/ML platform, drug discovery, oncology, platform technology - Read more
THE GOOD
Investments
Sanofi to expand India GCC with multi-hundred-million investment, doubling workforce to 4,500 employees
Operational, major transaction, workforce expansion - Read more
THE GOOD
Mergers & Acquisitions
Worldwide Clinical Trials completes acquisition of Catalyst Clinical Research to enhance oncology and FSP capabilities
Oncology, strategic, major transaction, operational - Read more
THE GOOD
Strategic Plans
Eli Lilly stockpiles $1.5B orforglipron inventory ahead of FDA approval while Novo expands Wegovy pill internationally
Small molecule, obesity, strategic, major transaction, operational - Read more
Moonwalk Biosciences pivots from epigenetic editing to siRNA obesity therapies under Feng Zhang's leadership
siRNA, obesity, strategic, operational - Read more [Paywall]
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❌ The Bad News ❌
THE BAD
Approvals & Labels
FDA rejects Disc Medicine's bitopertin (GlyT1 inhibitor) accelerated approval for erythropoietic protoporphyria, requests Ph3 data
Small molecule, rare disease, GlyT1 inhibitor, erythropoietic protoporphyria - Read more
THE BAD
Earnings & Finances
Moderna R&D spend drops 31% to $3.1B in 2025 amid respiratory pipeline wind-down
mRNA vaccine, infectious disease, cost reduction, operational - Read more
THE BAD
Layoffs
Ultragenyx Pharmaceutical lays off 10% of workforce amid failed trials and FDA gene therapy delays
Gene therapy, rare disease, operational, cost reduction - Read more
Integra LifeSciences cuts 65 roles at Princeton site following MediHoney wound device recall
Medical device, wound care, operational, cost reduction - Read more
THE BAD
Politics & Policy
Jim O'Neill exits HHS Deputy Secretary and CDC interim head roles amid Trump administration reshuffle
Regulatory, operational, strategic, leadership - Read more
THE BAD
Regulatory
Biohaven CEO criticizes FDA red tape blocking rare disease treatments after SCA therapy rejection
Small molecule, rare disease, regulatory, operational - Read more
Trump administration seeks stakeholder input on 340B rebate pilot program through HRSA request for information
Drug discount program, regulatory, operational, financial - Read more
👹 The Ugly News 👹
THE UGLY
No Ugly News Today!
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