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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

Veradermics raises $256M IPO, developing oral version of Rogaine molecule. | Gif: trt_network on Giphy
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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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Thanks for reading! -Anis
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