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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