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The Good News

THE GOOD
Approvals & Labels

AbbVie's Tepkinly (epcoritamab) wins European Commission approval for relapsed or refractory follicular lymphoma based on Ph3 data
Antibody, cancer, bispecific antibody, follicular lymphoma, combination therapy, CD20 target - Read more

PharmaEssentia's BESREMi (ropeginterferon alfa-2b) receives Health Canada approval for polycythemia vera treatment
Protein therapy, cancer, interferon, polycythemia vera, myeloproliferative neoplasm, hematologic malignancy - Read more

THE GOOD
Business Development & Partnerships

Novo Nordisk, Vivani Medical partner on ultra long-acting semaglutide implant NPM-139 for chronic weight management
Licensing deal, metabolic disease, drug delivery, small molecule, implant technology - Read more

Boehringer Ingelheim licenses Prime Vector Technologies' ORFV platform for cancer vaccine development, undisclosed payments
Licensing deal, oncology, vaccine, viral vector, milestone payments - Read more

Biocytogen, Whitehawk Therapeutics partner to develop five bispecific ADC candidates, upfront and milestone payments undisclosed
Co-development, antibody-drug conjugate, drug discovery, bispecific antibody, milestone payments - Read more

Tanabe Pharma sells manufacturing unit and 17 drugs to Towa Pharmaceutical for undisclosed sum
Divestiture, manufacturing agreement, small molecule, cardiovascular, generics - Read more

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More Good News

THE GOOD
Clinical Trials

Kailera Therapeutics, Hengrui Pharma's (HRS-7535) Ph3 trials meet primary endpoints in obesity and type 2 diabetes
Small molecule, metabolic, GLP-1 receptor agonist, obesity, type 2 diabetes - Read more

Compass Pathways' COMP360 (psilocybin) demonstrates durable Ph3 response in treatment-resistant depression
Small molecule, neurological, psilocybin, treatment-resistant depression, psychedelic therapy - Read more

Vaxart's oral pill COVID-19 vaccine shows favorable 12-month safety profile in Ph2b sentinel cohort
Vaccine, infectious disease, oral vaccine, COVID-19, SARS-CoV-2, mRNA vaccine - Read more

THE GOOD
Fundraises

Kalohexis files confidential IPO, developing melanocortin-based obesity and cancer cachexia treatments
Clinical-stage, obesity, cancer cachexia, peptide therapy, melanocortin system - Read more

Abivax raises $920M in equity offering, advancing ulcerative colitis drug toward FDA filing
Autoimmune, small molecule, ulcerative colitis, clinical-stage - Read more

Nuvation Bio raises $287.5M via convertible senior notes offering, oncology company greenshoe fully exercised
Oncology, small molecule, clinical-stage - Read more

Cyllene Therapeutics raises €33M ($37.8M) Series C, advancing DNA medicine toward pivotal bladder trial
Gene therapy, neurological, HSV vector, clinical-stage, rare disease - Read more

THE GOOD
Mergers & Acquisitions

Vertex Pharmaceuticals acquires Crinetics Pharmaceuticals for $10B in largest-ever deal, expanding into endocrine diseases
Small molecule, rare disease, major transaction, strategic - Read more

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The Bad News

THE BAD
Clinical Trials

Bristol Myers Squibb's Krazati (adagrasib) fails Ph3 confirmatory trial in KRAS G12C-mutated metastatic colorectal cancer
Small molecule, cancer, KRAS G12C inhibitor, colorectal cancer, combination therapy, EGFR blocker - Read more

THE BAD
Earnings & Finances

Regeneron Pharmaceuticals flags $127M in-process R&D charge to hit Q2 GAAP and non-GAAP earnings
Licensing agreement, financial, revenue impact - Read more

THE BAD
Layoffs

Novartis cuts 322 New Jersey employees in fourth round of layoffs, totaling 572 at East Hanover site
Workforce reduction, oncology, operational, cost reduction - 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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