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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

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

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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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