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  • Biotech & Pharma Updates | February 16 - 17, 2026

Biotech & Pharma Updates | February 16 - 17, 2026

🧬 Japan-based Innovacell aims for $92M IPO, cell therapy for urge fecal incontinence treatment, Stada invests €85M ($100.8M) to build Saudi Arabia production facility serving Middle East region by 2030, Sanofi and Teva report durable 44-week Ph2 results for duvakitug targeting TL1A in inflammatory bowel disease, RoukenBio + AVS Bio partner to improve antibody development through early discovery and preclinical research, Novartis + Niowave partner for long-term supply of Actinium-225 radioisotope for targeted cancer therapies, GSK's Exdensur (depemokimab) wins EU approval for severe asthma and chronic rhinosinusitis with nasal polyps

All the top Biotech & Pharma news in one daily newsletter.

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✅ The Good News ✅ 

THE GOOD
Approvals & Labels

GSK's Exdensur (depemokimab) wins EU approval for severe asthma and chronic rhinosinusitis with nasal polyps
Antibody, respiratory disease, monoclonal antibody, severe asthma, IL-5 target, chronic rhinosinusitis - Read more

FDA approves Johnson & Johnson's RYBREVANT FASPRO (amivantamab) monthly dosing for EGFR-mutated non-small cell lung cancer
Antibody, cancer, monoclonal antibody, non-small cell lung cancer, EGFR target, combination therapy - Read more

Harmony Biosciences receives FDA approval for WAKIX (pitolisant) targeting cataplexy in pediatric narcolepsy patients
Small molecule, neurological, histamine receptor antagonist, narcolepsy, pediatric patients, cataplexy - Read more

Shield Therapeutics wins FDA approval for ACCRUFeR (ferric maltol) in children with iron deficiency
Small molecule, metabolic, iron deficiency, pediatric population, ferric maltol - Read more

European Commission approves Novo Nordisk's higher-dose Wegovy (semaglutide) 7.2mg for obesity treatment showing 21% weight loss
Protein therapy, metabolic, GLP-1 receptor agonist, obesity, semaglutide, weight loss - Read more

Cytokinetics' MYQORZO (aficamten) wins European Commission approval for symptomatic obstructive hypertrophic cardiomyopathy treatment
Small molecule, cardiovascular, cardiac myosin inhibitor, hypertrophic cardiomyopathy, aficamten - Read more

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 More Good News 

THE GOOD
Business Development & Partnerships

RoukenBio, AVS Bio partner to improve antibody development through early discovery and preclinical research
Research collaboration, immunology, antibody, drug discovery, R&D - Read more

Novartis, Niowave partner for long-term supply of Actinium-225 radioisotope for targeted cancer therapies
Manufacturing agreement, oncology, radiopharmaceuticals, long-term supply - Read more

Nuclera, leadXpro partner to accelerate membrane protein structure-based drug design using AI-guided screening
Research collaboration, AI/ML, drug discovery, structural biology - Read more

Scribe Therapeutics, Eli Lilly achieve second milestone in CRISPR neurological collaboration, over $1.5B potential milestones
Research collaboration, neurological, gene therapy, milestone payments - Read more

Eli Lilly, CSL license IL-6 inhibitor clazakizumab, $100M upfront plus undisclosed milestones
Licensing deal, cardiovascular, autoimmune, antibody, milestone payments - Read more

BostonGene, Daiichi Sankyo partner on AI-driven ADC development for patient selection, financial terms undisclosed
Research collaboration, oncology, AI/ML, antibody drug conjugate, biomarker development - Read more

Alchemedicine, Asahi Kasei Pharma license HiSAP lead compounds for autoimmune diseases, ¥41.3B ($269M) milestones
Licensing deal, autoimmune, small molecule, milestone payments, global - Read more

Twist Bioscience, Invenra license B-Body bispecific antibody platform for $20M upfront, 6% equity stake
Licensing deal, antibody, drug discovery, equity investment - Read more

THE GOOD
Clinical Trials

Sanofi and Teva report durable 44-week Ph2 results for duvakitug targeting TL1A in inflammatory bowel disease
Antibody, autoimmune, monoclonal antibody, inflammatory bowel disease, TL1A target, ulcerative colitis - Read more

Cyrano Therapeutics' CYR-064 (theophylline) hits Ph2 primary endpoint for persistent post-viral smell loss treatment
Small molecule, neurological, phosphodiesterase inhibitor, anosmia, post-viral smell loss - Read more

Ocular Therapeutix's Axpaxli (tyrosine kinase inhibitor) beats Regeneron's Eylea in Ph3 wet age-related macular degeneration study
Small molecule, ophthalmology, tyrosine kinase inhibitor, wet age-related macular degeneration, hydrogel - Read more

Compass Pathways' COMP360 (psilocybin) shows Ph3 success in treatment-resistant depression with durable effects
Small molecule, neurological, psilocybin, treatment-resistant depression, MADRS endpoint, durability - Read more

Pfizer's Braftovi (encorafenib) triplet shows significant progression-free survival improvement in Ph3 metastatic colorectal cancer trial
Small molecule, cancer, kinase inhibitor, colorectal cancer, BRAF mutation, combination therapy - Read more

Rallybio's RLYB116 C5 inhibitor shows complete terminal complement inhibition in Ph1 study for complement-mediated diseases
Small molecule, autoimmune, C5 inhibitor, complement-mediated diseases, antiphospholipid syndrome - Read more

THE GOOD
Fundraises

Innovacell aims for $92M IPO, cell therapy for urge fecal incontinence treatment
Cell therapy, regenerative medicine, clinical-stage, late-stage biotech - Read more

GelMEDIX raises $13M Seed, developing regenerative therapies to restore vision
Cell therapy, regenerative medicine, ophthalmology, platform technology - Read more

THE GOOD
Investments

Stada invests €85M ($100.8M) to build Saudi Arabia production facility serving Middle East region by 2030
Small molecule, cardiovascular, strategic, major transaction, operational - Read more

THE GOOD
Lawsuits

Bayer strikes $7.25B Roundup settlement to resolve Non-Hodgkin lymphoma litigation over herbicide exposure claims
Herbicide, oncology, financial, major transaction, operational - Read more

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❌ The Bad News

THE BAD
Clinical Trials

Boehringer Ingelheim terminates Ph1/2 trial of BI 3720931 lentiviral gene therapy for cystic fibrosis
Gene therapy, cystic fibrosis, lentiviral vector, inhaled delivery - Read more

👹 The Ugly News 👹

THE UGLY
No Ugly News Today!

You’re all caught up on the latest Pharma & Biotech News!

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