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  • Biotech & Pharma Updates | March 18 - 19, 2025

Biotech & Pharma Updates | March 18 - 19, 2025

Roche's up to $1B cancer drug target partnership with Oxford BioTherapeutics, REGENXBIO's DMD gene therapy delivers promising (and safe) Ph1/2 data, Ampersand Biosciences $65M Series B to fuel “smart medicines” ambitions in immuno-inflammation and immuno-oncology, CARGO Therapeutics shutters R&D and lays off 90% of staff, Trump admin considering major cuts to CDC's HIV prevention division + 23 more stories

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

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⬇️ The Good News ⬇️

THE GOOD
Business Development

Servier in-licenses Black Diamond Therapeutics' BDTX-4933 (targeting RAS/RAF mutations) for $70M upfront with $710M in milestones
Small molecule, cancer, solid tumor - Read more

Pfizer completes sale of its 7.3% stake in consumer health company Haleon for £2.5B
Consumer health - Read more

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⬇️ More Good News ⬇️

THE GOOD
Clinical Trials

Immunovant and Roivant's batoclimab (targeting FcRn) delivers significant symptom reduction in Ph3 trial in generalized myasthenia gravis
Monoclonal antibody, myasthenia gravis - Read more [Paywall]

REGENXBIO's gene therapy RGX-202 shows promising microdystrophin expression and safety profile in Ph1/2 trial for Duchenne muscular dystrophy
Gene therapy, Duchenne muscular dystrophy (DMD) - Read more

Novartis's intrathecal Zolgensma (targeting SMN1 gene) showed improvement in spinal muscular atrophy in older patients in Ph3 trial
Gene therapy, spinal muscular atrophy (SMA), drug delivery - Read more

Innovent and HUTCHMED's Ph2/3 trial of sintilimab (targeting PD-1) and fruquintinib (targeting VEGF) combo met progression-free survival endpoint for advanced renal cell carcinoma
Monoclonal antibody, small molecule, renal cell carcinoma, cancer, combo therapy - Read more

THE GOOD
Fundraises

Ampersand Biosciences $65M Series B, developing “smart medicines” for immuno-inflammation and immuno-oncology therapies
Inflammatory disease, cancer, undisclosed modality - Read more

Nemysis Limited lands investment from Avia Pharma, funding oral iron supplement IHAT and gluten-destroying therapy development
Supplement, enzyme - Read more

Proscia $50M funding, developing AI software to accelerate digital pathology for precision medicine
AI, pathology, precision medicine - Read more

Genenta Science $21.9M financing, advancing Temferon therapy for metastatic Renal Cell Cancer
Cell therapy, hematopoietic stem cell, renal cell carcinoma - Read more

THE GOOD
Investments

Federal government invests $49.9M in STEMCELL Technologies for vaccine production expansion, creating 460 jobs
Biomanufacturing, new facility - Read more

THE GOOD
Marketing

Aadi Bioscience rebrands as Whitehawk Therapeutics following pivot to preclinical ADC development; changes ticker to "WHWK."
Rebrand, antibody-drug conjugate (ADC) - Read more

THE GOOD
Mergers & Acquisition

Advanced Instruments acquires Nova Biomedical, creating a $621M global life science tools platform under Nova's name
Equipment/Instrumentation - Read more

THE GOOD
Partnerships

Roche, Oxford BioTherapeutics up to $1B partnership to develop antibody-based cancer therapies using OGAP-Verify platform
Antibody-drug conjugate (ADC), cancer, drug discovery - Read more

Primo, ABX strategic partnership to introduce PB01 prostate cancer radiotracer to Taiwan market
CT imaging, PET Scan, prostate cancer, imaging tracer, cancer imaging - Read more

Xcell Biosciences, Royal Perth Hospital collaborating to develop automated TIL therapy manufacturing workflow using AVATAR Foundry system
Automated manufacturing, cell therapy, tumor-infiltrating lymphocyte (TIL), cancer - Read more

CERo Therapeutics, University of California Davis partnership for manufacturing CER-1236 therapy for AML clinical trials
Cell therapy, myeloid leukemia, cancer, manufacturing partnership, T cell therapy - Read more

Synchron partners with NVIDIA to develop AI model trained on brain activity, aiming to improve BCI technology
Brain-computer interface, AI - Read more

THE GOOD
Patient Access

OptumRx eliminating prior authorization for 80 drugs starting May 1, cutting 25% of reauthorizations for various chronic conditions
Health insurance, prior authorization (health insurance) - Read more

THE GOOD
Research

Study shows dendritic cell vaccine combined with chemotherapy may improve outcomes for HER2-positive, ER-negative breast cancer patients
Dendritic cell vaccine, breast cancer - Read more

Lexaria Bioscience's oral DehydraTECH-tirzepatide capsules achieve similar bloodstream levels as injectable Zepbound, potentially offering alternative to weekly injections
GLP-1, obesity, drug delivery, oral formulation - Read more

Hoth Therapeutics' HT-KIT therapy shows promising preclinical results against gastrointestinal stromal tumors by targeting KIT mutations
Antisense oligonucleotide, cancer - Read more

AI neural network NicheCompass analyzes cell communication, predicting cancer progression to guide personalized treatments within one hour.
AI, spatial analysis, spatial biology, cell signaling - Read more

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⬇️ The Bad News ⬇️

THE BAD
Earnings & Finances

Gilead stock drops as HHS considers cutting HIV prevention funding, threatening company's revenue
Federal funding, human immunodeficiency virus (HIV) - Read more

THE BAD
Lawsuits

Trump administration defends Biden-era abortion pill restrictions against lawsuit that claims FDA requirements are unnecessarily burdensome
Abortion, abortion access - Read more [Paywall]

THE BAD
Strategic Plans

Purdue Pharma proposes $7.4 billion bankruptcy reorganization plan to settle opioid claims after Supreme Court rejected previous settlement
Opioid epidemic, bankruptcy - Read more

⬇️ The Ugly News ⬇️

THE UGLY
Layoffs

CARGO Therapeutics shuts down all R&D and lays off 90% of staff after CAR-T therapy failure due to safety concerns.
Cell therapy, CAR-T, B cell lymphoma - Read more

THE UGLY
Politics & Policy

Trump administration considering major cuts to CDC's HIV prevention division, potentially slashing $1.3 billion from the program
Centers for Disease Control and Prevention (CDC), human immunodeficiency virus (HIV), federal funding - Read more

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

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