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  • Biotech & Pharma Updates | February 9 - 10, 2026

Biotech & Pharma Updates | February 9 - 10, 2026

🧬 Moderna, Mexico sign five-year manufacturing pact for respiratory vaccine supply and technology transfer, Kainova Therapeutics raises $32M CAD ($23.6M) Series B - accelerating immuno-oncology and inflammation therapies, Kailera Therapeutics and Hengrui advance ribupatide for obesity to Ph3 following positive Ph2 results in China, Insilico Medicine + China Medical System partner on AI-driven CNS, autoimmune drug development for up to $9M per programme, PharmaEssentia to build $46M manufacturing plant in Puerto Rico for rare blood disease treatment Besremi

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

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✅ The Good News ✅ 

THE GOOD
Approvals & Labels

AstraZeneca's durvalumab wins NICE backing for muscle-invasive bladder cancer following Ph3 trial success
Antibody, cancer, monoclonal antibody, bladder cancer, PD-L1 inhibitor, perioperative therapy - Read more

FDA approves Merck & Co.'s Keytruda (pembrolizumab) targeting PD-1 for platinum-resistant ovarian cancer following Ph3 trial
Antibody, cancer, monoclonal antibody, ovarian cancer, PD-1 inhibitor, combination therapy - Read more

THE GOOD
Business Development & Partnerships

Moderna, Mexico sign five-year manufacturing pact for respiratory vaccine supply and technology transfer
Manufacturing agreement, vaccine, technology transfer, pandemic preparedness - Read more

Evogene, Google Cloud expand collaboration to integrate AI agents into ChemPass AI platform
Research collaboration, AI/ML, small molecule, drug discovery - Read more

Insilico Medicine, China Medical System partner on AI-driven CNS, autoimmune drug development for up to $9M per programme
Research collaboration, neurological, autoimmune, AI/ML, milestone payments - Read more

Biocodex, THX Pharma license rare disease programs Batten-1 and TX01, €12M ($14.3M) upfront, €161M ($191.7M) milestones
Licensing deal, rare disease, milestone payments, royalties - Read more

OliX, Key2Brain collaborate on CNS siRNA conjugates using BBB shuttle technology
Research collaboration, neurological, gene therapy, licensing deal - Read more

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 More Good News 

THE GOOD
Clinical Trials

Nektar Therapeutics reports positive Ph2 maintenance results for rezpegaldesleukin IL-2 agonist in atopic dermatitis
Protein therapy, autoimmune, IL-2 agonist, atopic dermatitis, Treg mechanism - Read more

Kailera Therapeutics and Hengrui advance ribupatide for obesity to Ph3 following positive Ph2 results in China
Small molecule, metabolic, GLP-1/GIP dual agonist, obesity, oral formulation - Read more

Evommune's EVO301 shows 33% improvement in atopic dermatitis Ph2a trial targeting IL-18 pathway
Protein therapy, autoimmune, fusion protein, atopic dermatitis, IL-18 target - Read more

AstraZeneca reports elecoglipron weight-loss pill met Phase 2 endpoints, advancing to Phase 3 trials
Small molecule, obesity, strategic, major transaction - Read more

OrsoBio's TLC-2716 meets Ph2a primary endpoint for severe hypertriglyceridemia and metabolic dysfunction-associated steatotic liver disease
Small molecule, metabolic, liver X receptor inverse agonist, hypertriglyceridemia, MASLD - Read more

THE GOOD
Earnings & Finances

AstraZeneca targets $80B revenue by 2030 with 25+ blockbusters amid catalyst-rich clinical pipeline
Monoclonal antibody, oncology, strategic, financial, revenue impact - Read more

Incyte reports Opzelura sales hit $678M, up 33%, as Jakafi faces 2028 generic competition
JAK inhibitor, dermatological, strategic, revenue impact - Read more

THE GOOD
Fundraises

Kainova Therapeutics raises $32M CAD ($23.6M) Series B, accelerating immuno-oncology and inflammation therapies
Immuno-oncology, antibody, small molecule, GPCR-targeting, clinical-stage - Read more

ILiAD Biotechnologies raises $115M Series B, intranasal pertussis vaccine Phase III
Infectious disease, vaccine development, intranasal delivery, clinical-stage - Read more

ArrayPatch raises €1.9M ($2.26M) Seed funding, developing microneedle-based therapeutics for nail fungus
Microneedle platform, dermatology, drug delivery, preclinical - Read more

4Moving raises €12M ($14.3M) funding, developing disease-modifying drugs for osteoarthritis
Clinical-stage, osteoarthritis, disease-modifying drugs, small molecule - Read more

Pandorum Technologies raises $18M Series B, advancing exosome-based regenerative therapies
Regenerative medicine, exosome therapy, ophthalmology, rare disease, tissue engineering - Read more

Cascade Pharmaceuticals raises $72M funding, pursuing MASH, obesity and diabetes drugs
MASH, obesity, diabetes, small molecule, clinical-stage - Read more [Paywall]

THE GOOD
Investments

PharmaEssentia to build $46M manufacturing plant in Puerto Rico for rare blood disease treatment Besremi
Interferon, rare disease, strategic, major transaction, operational - Read more

THE GOOD
Regulatory

FDA accepts Takeda's oveporexton (TAK-861) NDA with priority review for narcolepsy type 1 treatment
Small molecule, neurological, orexin receptor agonist, narcolepsy type 1, first-in-class therapy - Read more

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❌ The Bad News

THE BAD
Clinical Trials

NIH halts Bayer and Johnson & Johnson's Xarelto (rivaroxaban) Ph3 stroke prevention trial due to safety concerns
Small molecule, cardiovascular, anticoagulant, stroke prevention, combination therapy, rivaroxaban - Read more

AstraZeneca discontinues AZD3427 relaxin-2 analog development after poor Ph2 efficacy in heart failure
Protein therapy, cardiovascular, relaxin-2 analog, heart failure, fusion protein - Read more

THE BAD
Regulatory

FDA issues untitled letters to Novo Nordisk, argenx, Sobi for false or misleading drug advertisements
Small molecule, metabolic disease, regulatory, operational - Read more

FDA warns Hims & Hers' pharmacy over manufacturing violations including pest infestation, patient safety issues
Small molecule, metabolic, operational, manufacturing quality - 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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