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  • Biotech & Pharma Updates | February 8 - 9, 2026

Biotech & Pharma Updates | February 8 - 9, 2026

🧬 Eli Lilly to acquire Orna Therapeutics for $2.4B for their in vivo CAR T tech - targeting autoimmunity, QuantX Biosciences raises $85M Series B for computational drug discovery platform, Aerska raises $39M Series A - developing brain shuttle technology for RNA medicines, Takeda + Iambic partner on AI drug discovery for oncology and inflammatory diseases - $1.7B+ milestones, Bristol Myers Squibb + Evinova partner on AI clinical development platform to improve efficiency and cut costs, Basilea Pharmaceutica receives $5M milestone payment from Pfizer for strong Cresemba sales in Asia Pacific

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

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✅ The Good News ✅ 

THE GOOD
Business Development & Partnerships

Bristol Myers Squibb, Evinova partner on AI clinical development platform to improve efficiency and cut costs
Research collaboration, AI/ML, drug discovery, R&D, global - Read more

Fresenius Kabi, Phlow collaborate on end-to-end US epinephrine injection manufacturing to address chronic shortages
Manufacturing agreement, small molecule, supply chain resilience, API production - Read more

Takeda, Iambic partner on AI drug discovery for oncology and inflammatory diseases, $1.7B+ milestones
Research collaboration, AI/ML, small molecule, oncology, milestone payments - Read more

Ethris, German Center for Infection Research collaborate on next-generation mRNA vaccine development
Research collaboration, infectious disease, mRNA vaccine, drug discovery - Read more

Memo Therapeutics, CSL collaborate on recombinant polyclonal IgG technology, up to CHF 265M ($328M) milestones
Research collaboration, rare disease, antibody, milestone payments - Read more

Basilea Pharmaceutica receives $5M milestone payment from Pfizer for strong Cresemba sales in Asia Pacific
Small molecule, infectious disease, financial, milestone payment - Read more

THE GOOD
Clinical Trials

Breye Therapeutics reports positive Ph1b results for danegaptide targeting non-proliferative diabetic retinopathy with macular edema
Small molecule, metabolic, diabetic retinopathy, vascular stabilization, oral therapy - Read more

Chugai Pharmaceutical's NXT007 shows favorable tolerability in Ph1/2 trial for hemophilia A patients switching from emicizumab
Antibody, hematological, bispecific antibody, hemophilia A, factor VIII - Read more

Biofrontera's Ameluz (aminolevulinic acid) photodynamic therapy meets Ph3 primary endpoint for actinic keratoses treatment
Photodynamic therapy, dermatological, actinic keratoses, aminolevulinic acid, field-directed therapy - Read more

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 More Good News 

THE GOOD
Company Launches

Vesalic Limited emerges from stealth with discovery of non-CNS driver for motor neuron diseases including ALS
Neurological, strategic, operational, discovery - Read more

THE GOOD
Fundraises

Aerska raises $39M Series A, brain shuttle technology for RNA medicines
RNA therapeutics, neurological, brain shuttle technology, RNAi, Alzheimer disease, preclinical - Read more

Galux raises $29M Series B, AI-driven protein design for drug discovery
AI/ML platform, protein design, antibody, drug discovery, platform technology, preclinical - Read more

QuantX Biosciences raises $85M Series B for computational drug discovery platform
Computational drug discovery, small molecule, immunology, platform technology - Read more

THE GOOD
Mergers & Acquisitions

Eli Lilly to acquire Orna Therapeutics for $2.4B for their in vivo CAR T tech, targeting autoimmunity
CAR-T, autoimmune, strategic, major transaction - Read more

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❌ The Bad News

THE BAD
Approvals & Labels

FDA rejects Regenxbio's RGX-121 gene therapy for Hunter syndrome over trial design concerns
Gene therapy, metabolic, Hunter syndrome, heparan sulfate biomarker - Read more

THE BAD
Lawsuits

Novo Nordisk sues Hims & Hers over compounded semaglutide patent infringement, seeking hundreds of millions in damages
Small molecule, metabolic, strategic, competitive - Read more

👹 The Ugly News 👹

THE UGLY
Regulatory

FDA issues Class I recall on J&J Medtech Cerepak coils after death and serious injuries
Medical device, neurological, regulatory, operational - Read more

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

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