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  • Biotech & Pharma Updates | January 12 - 13, 2026

Biotech & Pharma Updates | January 12 - 13, 2026

🧬 AbbVie commits $100B US R&D investment over 10 years - wins tariff and pricing exemptions, AstraZeneca acquires Modella AI to integrate multimodal foundation models into its oncology R&D operations, Proxima raises $80M seed for AI-powered proximity-based therapeutics for undruggable targets, Illumina + AstraZeneca + Merck & Co. + Eli Lilly partner on Billion Cell Atlas for AI drug discovery, Nuclera extends Series C to $87M for antibody engineering platform development, ImmunityBio's ANKTIVA (nogapendekin alfa inbakicept) shows positive Ph2/Ph3 results in non-small cell lung cancer, Novartis + Zonsen PepLib Biotech partner on peptide-based radiopharmaceutical asset for $50M upfront plus milestones, Sentynl Therapeutics and Fortress Biotech receive FDA approval for Zycubo targeting ATP7A protein for Menkes disease

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

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✅ The Good News ✅ 

THE GOOD
Approvals & Labels

Sentynl Therapeutics and Fortress Biotech receive FDA approval for Zycubo targeting ATP7A protein for Menkes disease
Protein therapy, metabolic, copper replacement therapy, Menkes disease, rare pediatric disease - Read more

Bio Usawa receives Ghana FDA approval for BioUcenta (ranibizumab) biosimilar targeting diabetic macular edema and retinopathy
Antibody, ophthalmology, monoclonal antibody, diabetic macular edema, age-related macular degeneration, biosimilar - Read more

THE GOOD
Business Development & Partnerships

Etienna Bio, UMass Chan Medical School partner on exclusive worldwide license for adipose-derived regenerative platform
Licensing deal, regenerative medicine, cell therapy, autologous therapy - Read more

Nxera Pharma, Centessa Pharmaceuticals achieve milestone for orexin receptor agonist ORX142, $3.6M payment
Research collaboration, neurological, milestone payments, small molecule - Read more

ESTEVE to acquire TerSera Therapeutics' infusion specialty therapies business unit expanding U.S. presence
Acquisition, specialty infusion therapies, pain management, rare disease - Read more

Illumina, AstraZeneca, Merck & Co., Eli Lilly partner on Billion Cell Atlas for AI drug discovery
Research collaboration, AI/ML, drug discovery, oncology, neurological, rare disease - Read more

Bayer, Attralus partnership acquires cardiac amyloidosis imaging agents AT-01, AT-05 for undisclosed sum
Acquisition, rare disease, diagnostics, molecular imaging - Read more

Novartis, Zonsen PepLib Biotech partner on peptide-based radiopharmaceutical asset, $50M upfront plus milestones
Licensing deal, radiopharmaceuticals, peptide therapeutics, milestone payments, oncology - Read more

Ro, Amgen partner on research analyzing insurance coverage barriers for GLP-1 obesity treatments
Research collaboration, obesity, real-world evidence, data analytics - Read more

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 More Good News 

THE GOOD
Clinical Trials

Immunofoco presents Ph1/Ph2a data for IMC002 CAR-T therapy targeting advanced gastric and gastroesophageal junction cancers
Cell therapy, cancer, CAR-T, gastric cancer, CLDN18.2 target - Read more

ImmunityBio's ANKTIVA (nogapendekin alfa inbakicept) shows positive Ph2/Ph3 results in non-small cell lung cancer
Protein therapy, cancer, cytokine therapy, non-small cell lung cancer, combination therapy, checkpoint inhibitors - Read more

THE GOOD
Earnings & Finances

Ionis Pharmaceuticals doubles Tryngolza peak sales projection to $2B for severe hypertriglyceridemia indication
Antisense oligonucleotide, cardiovascular, financial, revenue impact - Read more

THE GOOD
Fundraises

Nuclera extends Series C to $87M for antibody engineering platform development
Protein engineering, antibody, platform technology, AI-driven - Read more

Find Therapeutics raises $10M Series A extension for multiple sclerosis drug development
Neurological, peptide, multiple sclerosis, clinical-stage - Read more

Proxima raises $80M seed, AI-powered proximity-based therapeutics for undruggable targets
AI/ML platform, small molecule, oncology, immunology, protein design, platform technology - Read more

Converge Bio raises $25M Series A, AI platform for drug discovery
AI/ML platform, drug discovery, platform technology, oncology, neurological, autoimmune - Read more

THE GOOD
Investments

AbbVie commits $100B US R&D investment over 10 years, wins tariff and pricing exemptions
Biologic, autoimmune, strategic, major transaction, operational - Read more

J&J to create 500 jobs with second North Carolina manufacturing plant in $55B U.S. investment plan
Biologics, oncology, neurological, operational, major investment, manufacturing expansion - Read more

THE GOOD
Mergers & Acquisitions

AstraZeneca acquires Modella AI to integrate multimodal foundation models into its oncology R&D operations
Antibody-drug conjugate, oncology, strategic, major transaction - Read more

XTL Biopharmaceuticals acquires 85% of Beyond Air's NeuroNOS subsidiary, entering autism therapeutics market
Disease-modifying therapeutic, neurological, strategic, major transaction - Read more

Pretzel Therapeutics acquires Rome Therapeutics as subsidiary after Rome winds down operations due to market challenges
Reverse transcriptase inhibitor, autoimmune, strategic, major transaction - Read more

THE GOOD
Politics & Policy

US Senate committee unveils 22 biotech regulatory reform proposals to counter China's growing innovation threat
Regulatory, strategic, competitive, biotech innovation - Read more

THE GOOD
Product Launches

Cellistic launches three new iPSC-based platforms Echo-T, Echo-Cardio, and Echo-Endothelial for immuno-oncology therapies
Cell therapy, oncology, strategic, operational - Read more

THE GOOD
Regulatory

UK clinical trial applications rise 9% as MHRA plans faster approval reforms for 2025
Regulatory, strategic, operational, investment - Read more

FDA requests removal of suicide warnings from Novo Nordisk and Eli Lilly GLP-1 drug labels
GLP-1 receptor agonist, metabolic disease, regulatory, operational - Read more

THE GOOD
Strategic Plans

Merck & Co. targets $70B revenues by mid-2030s, double Keytruda's peak sales estimates
Monoclonal antibody, oncology, strategic, major transaction, revenue impact - Read more

Novo Nordisk CEO outlines refocused strategy on diabetes, obesity after challenging 2025 performance
GLP-1 agonist, diabetes, strategic, operational - Read more

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❌ The Bad News

THE BAD
Approvals & Labels

FDA extends Travere Therapeutics' Filspari (sparsentan) review for focal segmental glomerulosclerosis by three months
Small molecule, kidney disease, dual endothelin angiotensin receptor antagonist, focal segmental glomerulosclerosis, proteinuria reduction - Read more

THE BAD
Layoffs

Lyra Therapeutics suspends LYR-210 rhinosinusitis development, lays off all 28 employees amid strategic review
Drug delivery device, rhinosinusitis, operational, cost reduction - Read more

Sonoma Biotherapeutics reduces workforce across Seattle and South San Francisco offices after recent CEO transition
Cell therapy, autoimmune, operational, cost reduction - Read more [Paywall]

THE BAD
Politics & Policy

NIH heart, lung and blood director Gary Gibbons retires, adding to extensive leadership turnover
Cardiovascular, organizational, leadership transition, institutional - Read more

THE BAD
Regulatory

AbbVie, Amgen, Eli Lilly urge FDA to update outdated post-approval manufacturing change rules to reduce regulatory burdens
Monoclonal antibody, biologics manufacturing, operational, strategic - 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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