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

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The Good News

THE GOOD
Business Development & Partnerships

GSK, SiranBio partner on oligonucleotide SA030 for cardiometabolic disease, $55M upfront, $1B milestones
Licensing deal, oligonucleotide, cardiometabolic, obesity, milestone payments, royalties - Read more

THE GOOD
Clinical Trials

J&J MedTech's Ottava surgical robot meets primary endpoints in Ph1 gastric bypass clinical study
Medical device, metabolic, surgical robotics, obesity, bariatric surgery - Read more

MingMed Biotechnology's QA102 shows positive Ph2 results slowing intermediate dry age-related macular degeneration progression
Small molecule, ophthalmology, age-related macular degeneration, oral therapy, drusen volume, dry AMD - Read more

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More Good News

THE GOOD
Earnings & Finances

Novo Nordisk's Wegovy pill hits 1M patients, generates $355M in Q1 sales, beating analyst expectations by 86%
Small molecule, metabolic disease, revenue impact, competitive - Read more

THE GOOD
Fundraises

CellCentric raises $220M Series D to advance inobrodib for multiple myeloma
Oncology, small molecule, multiple myeloma, clinical-stage - Read more

Signadori Bio raises €11M ($12.9M) Seed round to advance solid tumour monocyte immunotherapy platform
Oncology, cell therapy, immuno-oncology, preclinical, solid tumors, platform technology - Read more

Avalo Therapeutics prices $375M public offering to advance abdakibart clinical development
Clinical-stage, autoimmune, antibody, IL-1β, inflammatory disease - Read more

Citius Oncology secures up to $36.5M in debt and equity to accelerate LYMPHIR commercialization
Oncology, small molecule, cutaneous T-cell lymphoma, clinical-stage - Read more

Kanvas Biosciences raises $48M Series A to advance gut microbiome immuno-oncology candidate
Oncology, microbiome, live biotherapeutic, immuno-oncology, AI/ML platform, preclinical - Read more

Brano Therapeutics raises $6.8M seed funding to advance heart failure treatments
Cardiovascular, small molecule, heart failure, preclinical - Read more

LTZ Therapeutics raises $38M to advance myeloid engager immunotherapy pipeline
Clinical-stage, oncology, autoimmune, immunotherapy, platform technology - Read more

THE GOOD
Investments

Eli Lilly pledges additional $4.5B to Indiana campus, expanding genetic medicine and metabolic disease manufacturing
Gene therapy, metabolic disease, major transaction, operational - Read more

THE GOOD
Mergers & Acquisitions

Bayer to acquire Perfuse Therapeutics for up to $2.45B, bolstering eye disease drug pipeline
Small molecule, ophthalmology, major transaction, strategic - Read more

THE GOOD
Regulatory

FDA launches AI-guided one-day inspection pilot to boost facility oversight efficiency
Manufacturing, operational, strategic, compliance - Read more

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The Bad News

THE BAD
Clinical Trials

Ipsen discontinues (ritivixibat) Ph2 trial in primary sclerosing cholangitis due to recruitment challenges
Small molecule, liver disease, IBAT inhibitor, primary sclerosing cholangitis, bile acid transporter - Read more

THE BAD
Politics & Policy

Bipartisan PRIMATE Act introduced to ban monkey imports for US research labs
Preclinical research, biosecurity, operational, regulatory - Read more

THE BAD
Regulatory

Novo Nordisk, Eli Lilly fined by French regulator for illegal indirect obesity drug promotion campaigns
GLP-1, obesity, regulatory, financial - Read more

FDA blocks publication of COVID and GSK Shingrix vaccine safety studies, citing unsupported conclusions
mRNA vaccine, infectious disease, regulatory, operational - Read more

THE BAD
Strategic Plans

BioCryst Pharmaceuticals scraps avoralstat eye candidate to refocus pipeline on rare diseases
Small molecule, rare disease, strategic, pipeline prioritization - Read more

👹 The Ugly News 👹

THE UGLY
No Ugly News Today!

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

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