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- Biotech & Pharma Updates | March 31 - April 1, 2025
Biotech & Pharma Updates | March 31 - April 1, 2025
FDA layoffs spark concerns about US drug regulation, AIRNA $155M Series B for RNA editing therapies in rare genetic diseases, Eagle Pharmaceuticals sells Bendeka royalty rights, Eli Lilly's solbinsiran (targeting ANGPTL3) delivers positive Ph2 data in mixed dyslipidemia, Carisma Therapeutics begins company shutdown process + 30 more stories

FDA layoffs under Trump administration's HHS job cuts spark concerns about future of drug regulation in US. | Gif: wolfentertainment on Giphy
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✅ The Good News ✅
THE GOOD
Approvals & Labels
FDA approves Bavarian Nordic's freeze-dried Jynneos vaccine for smallpox and mpox
Vaccine, Mpox (monkeypox), smallpox, drug formulation - Read more
Moderna's RSV vaccine mRESVIA approved by Australian TGA in adults 60+
Vaccine, respiratory syncytial virus (RSV) - Read more
Pfizer's RSV vaccine Abrysvo lands EC approval for high-risk adults 18-59
Vaccine, respiratory syncytial virus (RSV) - Read more
Genmab's Tivdak (targeting CD142) lands EC approval for for recurrent or metastatic cervical cancer after prior therapy
Antibody-drug conjugate (ADC), cervical cancer - Read more
THE GOOD
Business Development
Eagle Pharmaceuticals sells Bendeka royalty rights to “an entity that was provided capital by funds managed by“ Blue Owl Capital for $69 million to repay debt and fund corporate purposes
Royalty, small molecule, leukemia, lymphoma, cancer - Read more
Organon acquires US rights to Tofidence (targeting IL-6; Actemra biosimilar, Biogen)
Monoclonal antibody, biosimilar, rheumatoid arthritis, giant cell arteritis, arthritis, COVID-19 - Read more
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✅ More Good News ✅
THE GOOD
Clinical Trials
Gubra's GUBamy (targeting amylin receptor) delivers positive Ph1 weight loss results and safety profile in obesity
Peptide, obesity - Read more
Compass Therapeutics' tovecimig (targeting DDL4xVEGF-A) plus paclitaxel hits Ph2/3 primary endpoint in biliary tract cancer
Bispecific Antibody, biliary tract cancer - Read more
Eli Lilly's solbinsiran (targeting ANGPTL3) delivers positive Ph2 data in mixed dyslipidemia (with potential for quarterly dosing)
siRNA, dyslipidemia - Read more
Palatin's Ph2 trial shows bremelanotide (MC4R agonist) combined with Eli Lilly's Zepbound (targeting GLP-1/GIP) enhances weight loss in obesity treatment
Peptide, GLP-1, Combo therapy, obesity - Read more
LB Pharmaceuticals' LB-102 (targeting D2/3, 5-HT7) delivers positive Ph2 trial results in schizophrenia
Small molecule, schizophrenia - Read more
FDA lifts clinical hold on Oncopeptides' OPD5 (targeting aminopeptidases), continuing Ph1 prep in multiple myeloma
Peptide drug conjugate, cancer, multiple myeloma - Read more
THE GOOD
Fundraises
AIRNA $155M Series B, RNA editing startup advancing clinical trials for rare genetic disease treatment and pipeline development
RNA editing, alpha-1 antitrypsin deficiency, cardiometabolic disease - Read more
Prazer Therapeutics $21.3M Series B, developing targeted protein degrader across oncology and neurodegenerative conditions
Small molecule, Protein degrader - Read more
Ensysce Biosciences $1.1M registered direct offering, small molecules for severe pain while reducing opioid abuse potential
Small molecule, drug delivery, pain - Read more
Polyrizon $17M Private Placement, develops intranasal hydrogel barriers against infectious disease + drug delivery tech
Drug delivery, medical device, hydrogel, nasal spray - Read more
THE GOOD
Investments
SHL Medical opens $220M automated plant in South Carolina, creating 300 jobs for autoinjector production
New facility, autoinjector manufacturing, sterile manufacturing - Read more
THE GOOD
IPOs
Picard Medical seeks $12M IPO to expand SynCardia, its FDA-approved implantable artificial heart for pre-transplant patients
Medical device, artificial Heart - Read more
THE GOOD
Lawsuits
Lawsuit challenges HHS's decision to revoke $11B in public health grants, with 23 state AGs claiming it harms pandemic preparedness efforts
Federal funding, federal research funding, COVID-19, pandemic preparedness - Read more
THE GOOD
Mergers & Acquisitions
Science Exchange acquires HappiLabs, expanding its procurement solutions for life sciences companies
Equipment/Instrumentation, procurement, software - Read more
THE GOOD
Partnerships
Pfizer, Flagship Pioneering, Valo Health, Charles River Laboratories partner to develop AI-powered autoimmune disease candidates using Logica platform
Small molecule, drug discovery, drug development, autoimmune disease, AI - Read more
THE GOOD
Product Launches
Causaly launches scientific AI agents, providing life science teams with the “industry's most comprehensive biomedical knowledge for drug discovery“
AI, drug discovery, Research & Development - Read more
THE GOOD
Regulatory
EMA proposes eliminating extensive clinical trials for biosimilars if structural similarity and pharmacokinetic data confirm equivalence to reference drugs
Drug approval process, biosimilar - Read more
THE GOOD
Strategic Plans
Lonza implements streamlined operating model, splitting CDMO services into three platforms
CDMO (Contract Development & Manufacturing Organization) - Read more
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❌ The Bad News ❌
THE BAD
Clinical Trials
Axsome Therapeutics, despite missing Ph2 primary endpoint, advances solriamfetol (targeting DAT, NET) to Ph3 for major depressive disorder
Small molecule, major depressive disorder - Read more
Cerevance's solengepras (GPR6 inhibitor) flops in Ph2 Parkinson’s disease trial
Small molecule, Parkinson's disease - Read more
Lundbeck stops developing subcutaneous version Lu AG09222 (anti-PACAP) migraine prevention after Ph2b futility analysis, pivoting to intravenous
Monoclonal antibody, migraine - Read more
THE BAD
Company Shutdown
Carisma Therapeutics lays off 42 staff, leaving 6 employees to manage asset sale and potential company dissolution
Cell therapy, CAR-macrophage, mRNA, lipid nanoparticle (LNP), liver disease, cancer, solid tumor - Read more
THE BAD
Lawsuits
Eli Lilly sues Strive Pharmacy and Empower Pharmacy for making unauthorized copycats of weight-loss drugs Zepbound and Mounjaro
GLP-1, obesity, compounding, compounding suit - Read more
Johnson & Johnson abandons bankruptcy settlement strategy for 90,000 talc lawsuits, will fight them in court after third attempt rejected
Talc - Read more
THE BAD
Layoffs
Organon to lay off 93 Jersey City employees by May 31, part of ongoing 5% workforce reduction
Women's health, big pharma layoffs - Read more
THE BAD
Politics & Policy
Trump cuts to global AIDS relief threaten rollout of Gilead's promising six-month HIV prevention drug lenacapavir
Drug access, human immunodeficiency virus (HIV), low- and middle-income countries - Read more [Paywall]
👹 The Ugly News 👹
THE UGLY
Politics & Policy
FDA hit with mass firings; employees locked out, reassigned, or forced to resign amid Trump administration's health agency cuts
Public agency layoffs, Food & Drug Administration (FDA) - Read more [Paywall]
HHS begins layoffs, employees getting termination notices as part of Trump administration's downsizing efforts to "reshape the workforce."
US Department of Health & Human Services (HHS), public agency layoffs - Read more
THE UGLY
Regulatory
FDA layoffs under Trump administration's HHS job cuts spark concerns about future of drug regulation in US
Food & Drug Administration (FDA), drug approval process - Read more
You’re all caught up on the latest Pharma & Biotech News!

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