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- Biotech & Pharma Updates | February 5 - 8, 2026
Biotech & Pharma Updates | February 5 - 8, 2026
🧬 Agomab Therapeutics + SpyGlass Pharma collectively raise $350M IPOs, inflammatory/ophthalmic treatments, Eli Lilly+ Innovent Biologics partner on oncology immunology development - $350M upfront + $8.5B milestones, GSK's Nucala (mepolizumab) wins European Commission approval for chronic obstructive pulmonary disease following Ph3 trial, Genentech's fenebrutinib (fenebrutinib) shows superiority over Ocrevus in Ph3 trial for primary progressive multiple sclerosis

Agomab Therapeutics, SpyGlass Pharma collectively raise $350M IPOs, inflammatory/ophthalmic treatments. | Gif: unsigrandsoleil on Giphy
All the top Biotech & Pharma news in one daily newsletter.
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✅ The Good News ✅
THE GOOD
Approvals & Labels
GSK's Nucala (mepolizumab) wins European Commission approval for chronic obstructive pulmonary disease following Ph3 trial
Antibody, respiratory disease, monoclonal antibody, COPD, IL-5 target, eosinophilic phenotype - Read more
THE GOOD
Business Development & Partnerships
Eli Lilly, Innovent Biologics partner on oncology immunology development, $350M upfront, $8.5B milestones
Co-development, oncology, immunology, milestone payments, royalties - Read more
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✅ More Good News ✅
THE GOOD
Clinical Trials
Priovant's brepocitinib (JAK1/TYK2 inhibitor) shows positive Ph2 results for cutaneous sarcoidosis, advancing to Ph3
Small molecule, autoimmune, JAK inhibitor, cutaneous sarcoidosis, TYK2 target - Read more
Genentech's fenebrutinib (fenebrutinib) shows superiority over Ocrevus in Ph3 trial for primary progressive multiple sclerosis
Small molecule, neurological, BTK inhibitor, multiple sclerosis, primary progressive multiple sclerosis - Read more
THE GOOD
Earnings & Finances
Biogen provides upbeat 2026 profit forecast despite mid-single-digit sales decline from MS product pressures
Monoclonal antibody, neurological, financial, strategic - Read more
THE GOOD
Fundraises
Agomab Therapeutics, SpyGlass Pharma collectively raise $350M IPOs, inflammatory/ophthalmic treatments
Autoimmune, small molecule, ophthalmology, drug delivery platform - Read more
THE GOOD
Mergers & Acquisitions
SVF Vaccines and Novakand Pharma enter reverse acquisition agreement valued at SEK 55 million ($6M)
Vaccine, strategic, major transaction, financial - Read more
THE GOOD
Regulatory
FDA grants priority review for Pfizer's HYMPAVZI (marstacimab) label expansion in hemophilia A or B patients
Antibody, hemophilia, monoclonal antibody, tissue factor pathway inhibitor, pediatric patients - Read more
FDA Commissioner Makary promises swift action against Hims' illegal compounded Wegovy pill following Novo Nordisk complaints
GLP-1 agonist, metabolic disease, regulatory, competitive - Read more
THE GOOD
Strategic Plans
Illumina shifts focus to healthcare customers amid NIH funding disruptions, expects 2026 revenue growth
DNA sequencing, oncology, strategic, revenue impact - Read more [Paywall]
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❌ The Bad News ❌
THE BAD
Clinical Trials
UniQure pauses AMT-191 gene therapy dosing in Fabry disease Ph1/2 trial after liver toxicities
Gene therapy, rare disease, AAV gene therapy, Fabry disease, dose-limiting toxicity - Read more
THE BAD
Lawsuits
Medtronic hit with $382M antitrust damages for monopolizing surgical device market through exclusionary bundling practices
Medical device, competitive, major transaction, antitrust - Read more
HHS abandons 340B rebate pilot program after American Hospital Association wins legal challenge blocking implementation
Pharmaceutical pricing, safety-net hospitals, operational, financial - Read more
THE BAD
Layoffs
Roche's Genentech cut at least 489 jobs last year, new disclosure reveals additional layoffs
Biopharmaceuticals, operational, cost reduction, strategic - Read more
THE BAD
Regulatory
BridgeBio shares drop 15% after Pfizer's tafamidis patent revoked in Europe, threatening generic competition
Small molecule, cardiovascular, competitive, financial - Read more
THE BAD
Strategic Plans
Hims & Hers cancels compounded GLP-1 pill plans after FDA backlash and federal investigation threat
Peptide, obesity, regulatory, competitive - 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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