All the top Biotech & Pharma news in one daily newsletter.
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✅ The Good News ✅
THE GOOD
Approvals & Labels
Pfizer's Xianyida (ecnoglutide) wins China approval for obesity treatment targeting GLP-1 receptor following Ph3 results
Protein therapy, metabolic, GLP-1 receptor agonist, obesity, type 2 diabetes - Read more
FDA expands Bristol Myers Squibb's Sotyktu (deucravacitinib) approval to psoriatic arthritis following Ph3 success
Small molecule, autoimmune, TYK2 inhibitor, psoriatic arthritis, oral therapy - Read more
Incyte's Zynyz (retifanlimab) wins European Commission approval for advanced squamous cell carcinoma of anal canal treatment
Antibody, cancer, PD-1 inhibitor, squamous cell carcinoma, combination therapy - Read more
THE GOOD
Business Development & Partnerships
Lonza sells capsule business to Lone Star Funds for $3B, retains 40% stake
Divestiture, manufacturing, CDMO, equity investment, private equity - Read more
Sanofi, EMS strike deal to sell generics manufacturer Medley for above $500M
Acquisition, generics, divestiture - Read more
Medtronic, GE HealthCare extend multiyear partnership to expand wireless wearables and anesthesia technologies
Technology partnership, medical devices, patient monitoring, wireless wearables - Read more
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✅ More Good News ✅
THE GOOD
Clinical Trials
Roche's Gazyva (obinutuzumab) shows Ph3 success in systemic lupus erythematosus targeting anti-CD20 pathway
Antibody, autoimmune, monoclonal antibody, systemic lupus erythematosus, CD20 target, steroid sparing - Read more
Hansoh Pharmaceutical's olatorepatide (HS-20094) achieves 19.3% weight loss in Ph3 obesity trial with improved tolerability
Protein therapy, metabolic, GLP-1/GIP dual agonist, obesity, weight loss - Read more
THE GOOD
Fundraises
EVerZom raises €10M ($11.6M) Series A, exosome-based biotherapies for inflammatory diseases
Alzheimer disease, neurological, neurostimulation device, clinical-stage - Read more
Solid Biosciences raises $240M private placement for neuromuscular/cardiac genetic medicines development
Gene therapy, neuromuscular, cardiac diseases, precision medicine - Read more
THE GOOD
Mergers & Acquisitions
Servier acquires Day One Biopharmaceuticals for $2.5B to expand childhood brain tumor portfolio with Ojemda
Small molecule, oncology, strategic, major transaction - Read more
THE GOOD
Politics & Policy
Taiwan earmarks $755M for four-year pharmaceutical resilience program to boost domestic drug production capacity
Strategic, supply chain resilience, pharmaceutical manufacturing, national security - Read more
THE GOOD
Regulatory
FDA to review AstraZeneca's oral SERD camizestrant and Truqap indication in April advisory committee meeting
Oral SERD, oncology, regulatory, strategic - Read more
THE GOOD
Strategic Plans
Merck KGaA explores China partnerships for new medicines and technologies development
Strategic partnership, drug discovery, life sciences, healthcare technology - Read more
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❌ The Bad News ❌
THE BAD
Business Development & Partnerships
Beam Therapeutics retains base editing technology through revised Kobe University license amid Bio Palette dissolution
Licensing deal, base editing, gene therapy, cell therapy, royalties - Read more
THE BAD
Fundraises
Invea Therapeutics withdraws $35M IPO, developing oral small molecules for inflammatory diseases
Inflammatory disease, small molecule, oral therapeutics, preclinical - Read more
THE BAD
Politics & Policy
Democrats press 11 pharmas including AbbVie, Amgen for evidence Trump MFN deals deliver Medicaid savings
Pharmaceutical pricing, regulatory, strategic, financial - Read more
👹 The Ugly News 👹
THE UGLY
Regulatory
FDA's Vinay Prasad to depart CBER director role in April amid workplace toxicity probe
Regulatory, operational, strategic, leadership - Read more
You’re all caught up on the latest Pharma & Biotech News!
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