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- Biotech & Pharma Updates | February 3 - 4, 2026
Biotech & Pharma Updates | February 3 - 4, 2026
🧬 Novartis CEO projects 2026 growth despite massive $4B patent cliff-caused revenue hole, Nanologica acquires Ardena's Syntagon API facility for $961K - adding 45 employees in Sweden expansion, Third Arc Bio raises $52M Series A extension for oncology/immunology antibodies, Eli Lilly's Zepbound (tirzepatide) plus Taltz combo meets Ph3b endpoints in psoriatic arthritis, Evogene + Shanghai Lishan Biopharmaceuticals license BMC128 microbiome therapeutic for renal and lung cancer, OXB, Bristol Myers Squibb expand partnership for commercial lentiviral vector manufacturing for CAR-T therapies, President Trump signs spending bill reauthorizing rare pediatric disease vouchers - ending uncertainty for rare disease developers

Novartis CEO projects 2026 growth despite massive $4B patent cliff-caused revenue hole. | Gif: animanias on Giphy
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✅ The Good News ✅
THE GOOD
Business Development & Partnerships
Hims & Hers to sell Grail's Galleri multi-cancer blood test via digital platform
Commercialization partnership, oncology, diagnostics, digital health - Read more
OXB, Bristol Myers Squibb expand partnership for commercial lentiviral vector manufacturing for CAR-T therapies
Manufacturing agreement, cell therapy, gene therapy, lentiviral vectors - Read more
Evogene, Shanghai Lishan Biopharmaceuticals license BMC128 microbiome therapeutic for renal and lung cancer
Licensing deal, oncology, microbiome therapeutics, milestone payments - Read more
Saya Biologics, Kashiv BioSciences partner on biosimilar supportive oncology therapy for Mexico and CAC region
Commercialization partnership, oncology, biosimilar, manufacturing agreement, regulatory - Read more
THE GOOD
Clinical Trials
Eli Lilly's Zepbound (tirzepatide) plus Taltz combo meets Ph3b endpoints in psoriatic arthritis
Small molecule, autoimmune, GLP-1 agonist, psoriatic arthritis, combination therapy, obesity comorbidity - Read more
UCB's Bimzelx (bimekizumab) shows three-year inflammatory lesion resolution in Ph3 hidradenitis suppurativa trials
Antibody, autoimmune, monoclonal antibody, hidradenitis suppurativa, IL-17 inhibitor, inflammatory lesions - Read more
Pharmazz presents positive Ph4 interim results for sovateltide (Tycamzzi) targeting endothelin-B receptor in acute cerebral ischemic stroke
Small molecule, neurological, endothelin receptor agonist, acute ischemic stroke - Read more
Amgen's daxdilimab hits Ph2 primary endpoint for discoid lupus erythematosus targeting immunoglobulin-like transcript 7
Monoclonal antibody, autoimmune, discoid lupus erythematosus, gastric cancer, immunoglobulin-like transcript 7 - Read more
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✅ More Good News ✅
THE GOOD
Earnings & Finances
Novartis CEO projects 2026 growth despite massive $4B patent cliff-caused revenue hole
Small molecule, oncology, financial, patent cliff, revenue impact - Read more
Eli Lilly projects 25% sales surge to $80-83B in 2026 despite pricing headwinds
Small molecule, diabetes, financial, competitive - Read more
Eli Lilly's Q4 revenue jumps 43% to $19.3B driven by Mounjaro and Zepbound sales growth
Small molecule, diabetes, financial, revenue impact - Read more
AbbVie's immunology portfolio generates $30B in sales while executives emphasize diversification into oncology, neuroscience areas
Monoclonal antibody, autoimmune, strategic, financial - Read more
Amgen reports Q4 revenue of $9.9B, beating estimates while touting obesity pipeline potential
Monoclonal antibody, cardiovascular, financial, strategic - Read more
GSK shares rise 5% as new CEO Miels reports strong financials in first results
Vaccines, infectious disease, financial, strategic - Read more
THE GOOD
Fundraises
Salspera files $50M IPO, live biopharmaceuticals for immuno-oncology cancer treatment
Immuno-oncology, live biotherapeutics, clinical-stage, pancreatic cancer - Read more
Third Arc Bio raises $52M Series A extension for oncology/immunology antibodies
Oncology, antibody, immunology & inflammation, multispecific antibodies, clinical-stage - Read more
THE GOOD
Mergers & Acquisitions
Nanologica acquires Ardena's Syntagon API facility for $961K, adding 45 employees in Sweden expansion
Active pharmaceutical ingredients, strategic, major transaction, operational - Read more
Medtronic to acquire Israeli devicemaker CathWorks for up to $585M for coronary artery disease technology
Medical device, cardiovascular, strategic, major transaction - Read more
PrimeGen merges with DT Cloud Star SPAC for $69M Nasdaq listing to advance stem cell therapies
Stem cell therapy, liver disease, strategic, major transaction - Read more
THE GOOD
Politics & Policy
President Trump signs spending bill reauthorizing rare pediatric disease vouchers, ending uncertainty for rare disease developers
Rare disease, pediatric, regulatory, financial incentive, strategic - Read more
THE GOOD
Strategic Plans
GSK's new CEO targets $2B-$4B deals following $2.2B Rapt Therapeutics acquisition for ozureprubart
Monoclonal antibody, allergies, strategic, major transaction - Read more
GSK CEO Luke Miels outlines product-centric vision with Exdensur and Blenrep launches driving growth strategy
Monoclonal antibody, respiratory disease, strategic, operational - Read more
GSK rejects GLP-1 market entry, focuses on obesity complications like fatty liver disease instead
Protein therapeutic, metabolic disease, strategic, major transaction - Read more
Novartis CEO confirms continued M&A strategy targeting early pipeline and near-launch assets after major 2025 acquisitions
Molecular glue degrader, oncology, strategic, major transaction - Read more
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❌ The Bad News ❌
THE BAD
Clinical Trials
Eli Lilly discontinues LY3884963 gene therapy for frontotemporal dementia after Ph2 efficacy concerns
Gene therapy, neurological, frontotemporal dementia, antibody, autoimmune, anti-CD19 - Read more
THE BAD
Earnings & Finances
Novartis faces largest patent expiry in history, wiping $4B sales in 2026 despite overall growth
Small molecule, cardiovascular, patent expiry, revenue impact, competitive, strategic - Read more
Novo Nordisk stock drops 17% after CEO dismisses crisis concerns amid declining 2026 guidance forecast
GLP-1 agonist, metabolic disease, competitive, revenue impact - Read more
THE BAD
Regulatory
Democratic Rep criticizes FDA's Commissioner's Priority Voucher program for lacking transparency and congressional approval
Gene therapy, diabetes, regulatory, operational, strategic - Read more
Amgen refuses FDA request to withdraw rare disease drug Tavneos over clinical data concerns
Small molecule, rare disease, regulatory, strategic - Read more
THE BAD
Strategic Plans
Novartis discontinues 6 early-stage programs while adding 2 new phase 1 cancer candidates to pipeline
Small molecule, oncology, strategic, operational - 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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