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- Biotech & Pharma Updates | March 17 - 18, 2025
Biotech & Pharma Updates | March 17 - 18, 2025
Sofinnova Partners grabs attention by launching three separate NewCos AND announcing their €165M ($180M) Biovelocita II fund, Arbor raises a $74M Series C to advance their ABO-101 gene editing therapy, Sarepta stock sinks after a DMD patient dies from Elevidys-induced acute liver failure + 29 more stories

Sofinnova Partners grabs attention by launching three separate NewCos AND announcing their €165M ($180M) Biovelocita II fund. | Gif: PBSSoCal on Giphy
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⬇️ The Good News ⬇️
THE GOOD
Business Development
Nanobiotix amends J&J deal for cancer drug JNJ-1900, reducing potential milestone payments by $105M in exchange for Ph3 trial funding
Nanoparticle, head & neck cancer, radiotherapy-activated - Read more
Liquidia $100M agreement amendment with HealthCare Royalty, funding YUTREPIA development for rare cardiopulmonary diseases
Royalty, pulmonary arterial hypertension (PAH), interstitial lung disease, small molecule - Read more
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⬇️ More Good News ⬇️
THE GOOD
Clinical Trials
EnteroBiotix touts positive Ph2a results for their microbiome therapy EBX-102-02 in irritable bowel syndrome with constipation
Microbiome treatment, irritable bowel syndrome (IBS), IBS with constipation - Read more
Compass Pathways' COMP360 psilocybin shows longer-lasting antidepressant effects at 25mg dose for treatment-resistant depression in Ph2 follow-up study
Small molecule, psychedelics, treatment-resistant depression - Read more
Angitia Biopharmaceuticals' showcases promising Ph1/2 results for AGA111 (recombinant human bone morphogenetic protein 6) in spinal fusion procedures, with faster fusion and improved outcomes compared to placebo
Recombinant protein, degenerative disc disease - Read more
TaiMed Biologics' TMB-365/TMB-380 (targeting CD4) dual bNAb therapy shows promising Ph2a results for HIV maintenance, offering alternative to daily oral treatment
Monoclonal antibody, human immunodeficiency virus (HIV) - Read more
Genmab's Rina-S (targeting folate receptor-alpha and TOPO1) delivers promising 55.6% response rate in Ph1/2 trial for heavily pre-treated ovarian cancer patients
Antibody-drug conjugate (ADC), ovarian cancer - Read more
THE GOOD
Company Launches
Edinburgh-based Forth Therapeutics launches with Sofinnova Partners funding to develop precision treatments targeting fibrotic diseases
Undisclosed modality, Fibrosis-driven disease - Read more
BioClec launches with Sofinnova Partners backing to develop microglia-targeting therapies for Alzheimer's disease
Undisclosed modality, Alzheimer's disease, neurodegenerative disease - Read more
Sofinnova Partners and Gustave Roussy launch Signadori Bio, a cell therapy company for cancer treatment, their first joint venture since partnering
Cell therapy, cancer, platform technology - Read more
THE GOOD
Fundraises
Sofinnova Partners €165M ($180M) Biovelocita II fund to help young drugmakers, launched three startups
Venture capital, biotech investing, life science investment - Read more
RegCell $45.8M Seed, biotech company developing Treg cell therapies for autoimmune diseases and transplantation through epigenetic reprogramming
Cell therapy, autoimmune disease, regulatory T-cell (Treg) - Read more
Arbor Biotechnologies raises $74M Series C, advancing gene editing therapy ABO-101 (targeting HAO1 gene) for rare liver condition
Gene-editing, primary hyperoxaluria type 1 - Read more
Egle Therapeutics €9.3M ($10.2M) state funding, developing Treg-targeting therapies for cancer and autoimmune diseases
Bispecific fusion protein, cancer, autoimmune disease - Read more
Optieum Biotechnologies $39M grant, developing CAR-T cell therapy targeting FAPα for glioblastoma treatment
Cell therapy, CAR-T, glioblastoma, cancer - Read more
CEL-SCI $2.5M offering, Phase 3 cancer immunotherapy company developing Multikine (interleukin) in head and neck cancer
Interleukin, squamous cell carcinoma, head & neck cancer - Read more
THE GOOD
Investments
Syngene acquires US biologics facility from Emergent BioSolutions, expanding manufacturing capacity to 50,000L for global clients
Facility sale, biologics Manufacturing, CRO (Contract Research Organization), CDMO (Contract Development & Manufacturing Organization) - Read more
THE GOOD
Lawsuits
Federal judge orders temporary reinstatement of probationary federal employees terminated during Trump administration's workforce reduction efforts.
US Department of Health & Human Services (HHS) - Read more
THE GOOD
Mergers & Acquisition
Vincerx Pharma plans to merge with AI company QumulusAI to avoid cash crisis after previous deal collapsed
Antibody-drug conjugate (ADC), AI, cancer, solid tumor - Read more
Clario acquires imaging specialist NeuroRx, expanding neuroscience capabilities after recent WCG eCOA purchase
Imaging, clinical trial-focused, CRO (Contract Research Organization) - Read more
Klick Health acquires Ward6 Singapore, expanding its Asia-Pacific presence as the largest independent healthcare marketing agency
Drug marketing, life science marketing - Read more
THE GOOD
Partnerships
Quest Diagnostics, Google Cloud collaborate in using AI for improved data management and personalized healthcare insights
AI, diagnostics - Read more
THE GOOD
Product Launches
Google launches TxGemma AI, family of models designed to empower drug discovery and help researchers “predict the safety and efficacy of potential new treatments”
Drug discovery, AI, small molecule, protein - Read more
THE GOOD
Research
Tract Bio's touts stemECHO technology for identifying therapeutic targets in esophageal cancer evolution
Epithelial stem cell cloning technology, drug discovery - Read more
Trans and nonbinary people receiving gender-affirming hormones showed significantly lower risk of depression in study of 3,500 individuals
Gender-affirming care, depression, LGBTQ+ - Read more
THE GOOD
Strategic Plans
Prime Medicine to develop gene editing treatment for rare liver/lung disorder AATD, seeking regulatory approval in 2025
Gene-editing, prime editing, alpha-1 antitrypsin deficiency - Read more
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⬇️ The Bad News ⬇️
THE BAD
Business Development
Hanall Biopharma ends license with Harbour BioMed for batoclimab (targeting FcRn) due to trial delays, seeks arbitration and new partners
Monoclonal antibody, myasthenia gravis - Read more
THE BAD
Layoffs
Empress Therapeutics lays off 53% of staff (23 employees) as the biotech focuses on advancing small-molecule science to clinic
Small molecule, drug discovery, AI, synthetic biology - Read more
Pyxis cuts 20% of staff, including CMO, to focus on single cancer antibody-drug conjugate after pipeline trimming
Antibody-drug conjugate (ADC), lung cancer - Read more
Cash-strapped Kiromic BioPharma furloughs 31 employees, halting research until financing secured to resume operations
Cell therapy, lung cancer, allogeneic cell therapy, non-viral delivery, gamma-delta T cell therapy - Read more
TC BioPharm cuts 50% of workforce, outsources manufacturing to reduce burn rate by 55% and save $4.2M annually
Cell therapy, allogeneic cell therapy, gamma-delta T cell therapy, myeloid leukemia - Read more
Novartis laying off 427 New Jersey employees as heart medication Entresto's patent expires (following 235 layoffs last year)
Big pharma layoffs, small molecule, heart failure - Read more
Stem cell company bit.bio cuts 25% of staff, shifts focus from therapeutics to selling engineered cell lines
Stem cell-derived therapy, induced pluripotent stem cell (IPSC/iPS cell), regulatory T-cell (Treg), cell line - Read more [Paywall]
THE BAD
Politics & Policy
CDC federal workers fired under Trump still not contacted by HHS for reinstatement, despite court order requiring notification and reinstatement
Centers for Disease Control and Prevention (CDC) - Read more
⬇️ The Ugly News ⬇️
THE UGLY
Adverse Events
Patient dies from acute liver failure after taking Sarepta's Duchenne muscular dystrophy gene therapy Elevidys (targeting dystrophin gene); company's stock plunges 22%
Gene therapy, Duchenne muscular dystrophy (DMD) - Read more
You’re all caught up on the latest Pharma & Biotech News!

Gotta get more pink in my wardrobe. | Gif: MeanGirls on Giphy
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