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  • Biotech & Pharma Updates | February 4 - 5, 2026

Biotech & Pharma Updates | February 4 - 5, 2026

🧬 Veradermics raises $256M IPO developing oral version of Rogaine molecule, Angitia Biopharmaceuticals raises $130M Series D for bone disease bispecific antibodies development, Ginkgo Bioworks + OpenAI collaborate on autonomous laboratory achieving 40% cost reduction in cell-free protein synthesis using GPT-5, Bayer's asundexian (factor XIa inhibitor) shows 26% stroke recurrence reduction in Ph3 secondary stroke prevention trial, TrumpRx government pharmaceutical platform launches with discounted drugs from big pharma names

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

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✅ The Good News ✅ 

THE GOOD
Business Development & Partnerships

Everest Medicines, Micot license MT1013 for China and Asia-Pacific, RMB 200M ($28.8M) upfront, RMB 1.04B ($149.8M) milestones
Licensing deal, rare disease, polypeptide, milestone payments - Read more

Ginkgo Bioworks, OpenAI collaborate on autonomous laboratory achieving 40% cost reduction in cell-free protein synthesis using GPT-5
Research collaboration, AI/ML, drug discovery, manufacturing, protein synthesis - Read more

Eisai, Henlius Biotech partner on anti-PD-1 serplulimab in Japan, $388M potential deal value
Licensing deal, oncology, antibody, milestone payments, royalties - Read more

THE GOOD
Clinical Trials

Bayer's asundexian (factor XIa inhibitor) shows 26% stroke recurrence reduction in Ph3 secondary stroke prevention trial
Small molecule, cardiovascular, factor XIa inhibitor, stroke, secondary prevention - Read more

Alvotech's AVT80 (vedolizumab) biosimilar meets pivotal pharmacokinetic study endpoints for inflammatory bowel diseases
Antibody, autoimmune, biosimilar, vedolizumab, ulcerative colitis, Crohn's disease - Read more

Orca Bio presents positive Ph2 data for Orca-T cell therapy in acute myeloid leukemia and myelodysplastic syndromes
Cell therapy, cancer, allogeneic T-cell immunotherapy, hematological malignancies, acute myeloid leukemia, graft-versus-host disease - Read more

Aicuris presents positive Ph3 data for pritelivir targeting helicase-primase complex in refractory herpes simplex virus
Small molecule, infectious disease, antiviral, herpes simplex virus, immunocompromised patients, helicase-primase inhibitor - Read more

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 More Good News 

THE GOOD
Earnings & Finances

Astellas beats Q3 expectations as Vyloy cancer drug sales surge 426% despite pancreatic trial failure
Monoclonal antibody, oncology, financial, revenue impact - Read more

Bristol Myers Squibb beats full-year revenue expectations at $48.2B despite Eliquis and Cobenfy sales disappointing analysts
Small molecule, cardiovascular, neurological, financial, revenue impact - Read more

THE GOOD
Fundraises

Angitia Biopharmaceuticals raises $130M Series D, bone disease bispecific antibodies development
Bone disease, bispecific antibody, clinical-stage, osteoporosis - Read more

Veradermics raises $256M IPO, developing oral version of Rogaine molecule
Hair loss, small molecule, oral formulation, clinical-stage - Read more

Generate:Biomedicines lines up for IPO, AI-driven computational therapeutic candidate generation
AI/ML platform, drug discovery, antibody, asthma, oncology, platform technology - Read more

Eikon Therapeutics raises $381M IPO, oncology drug development including EIK1001
Oncology, clinical-stage, small molecule, immune modulator, PARP inhibitor - Read more

LB Pharmaceuticals raises $100M private placement for neuropsychiatric disease therapies
Neuropsychiatric, late-stage, clinical-stage, small molecule - Read more

Agomab Therapeutics raises $200M IPO, immunology and inflammatory disease therapies
Clinical-stage, immunology, inflammatory diseases, fibrotic diseases - Read more

SpyGlass Pharma raises $150M IPO, late-stage biopharmaceutical company development
Late-stage, biopharmaceutical - Read more

THE GOOD
Politics & Policy

TrumpRx government pharmaceutical platform launches Thursday with discounted drugs from Eli Lilly, Pfizer, Novo Nordisk, Amgen
Small molecule, cardiovascular, strategic, operational - Read more

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❌ The Bad News

THE BAD
Lawsuits

Novo Nordisk threatens legal action against Hims & Hers over compounded semaglutide pill launch
GLP-1 agonist, obesity, competitive, legal action - Read more

THE BAD
Strategic Plans

Quell Therapeutics halts QEL-001 CAR-Treg Ph1/2 liver transplant trial to prioritize preclinical autoimmune candidate
Cell therapy, autoimmune, CAR-T, rheumatoid arthritis, regulatory T cells, organ transplant rejection - 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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