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  • Biotech & Pharma Updates | November 26 - 30, 2025

Biotech & Pharma Updates | November 26 - 30, 2025

🧬 Novo Nordisk submits Wegovy (semaglutide) 7.2-mg dose application for obesity using priority voucher for expedited FDA review, Innovent Biologics' Pecondle (picankibart) wins China NMPA approval for moderate-to-severe plaque psoriasis targeting interleukin-23p19, Prestige Biopharma + Biosidus enter exclusive license agreement for Tuznue commercialization in Latin America, SK Biopharmaceuticals in-licenses radiopharmaceutical therapy candidate WT-7695 from Wisconsin Alumni Research Foundation (targeting carbonic anhydrase IX), Valneva reports positive Ph2 results for VLA15 Lyme disease vaccine candidate showing strong immune response, Enlivex Therapeutics raises $212M private placement for launching a prediction market token (while being a macrophage immunotherapy company?)

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

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✅ The Good News ✅ 

THE GOOD
Approvals & Labels

Ireland's HSE approves UCB's Bimzelex (bimekizumab) for hidradenitis suppurativa and axial spondyloarthritis treatment
Antibody, autoimmune, monoclonal antibody, hidradenitis suppurativa, axial spondyloarthritis, IL-17 inhibitor - Read more

Zydus receives FDA approval for Verapamil Hydrochloride (verapamil) extended-release tablets targeting calcium channels for hypertension
Small molecule, cardiovascular, calcium channel blocker, hypertension, extended-release formulation - Read more

Dr. Reddy's wins European Commission approval for AVT03 (denosumab) biosimilar targeting RANK ligand for osteoporosis
Antibody, cancer, monoclonal antibody, osteoporosis, biosimilar, RANK ligand - Read more

IASO Bio's Fucaso (equecabtagene autoleucel) wins Hong Kong approval for relapsed or refractory multiple myeloma
Cell therapy, cancer, CAR-T, multiple myeloma, BCMA target - Read more

Celltrion receives Health Canada approval for Eydenzelt (aflibercept) biosimilar targeting vascular endothelial growth factor for ophthalmology indications
Protein therapy, ophthalmology, biosimilar, diabetic macular edema, aflibercept, VEGF inhibitor - Read more

Innovent Biologics' Pecondle (picankibart) wins China NMPA approval for moderate-to-severe plaque psoriasis targeting interleukin-23p19
Antibody, autoimmune, monoclonal antibody, plaque psoriasis, IL-23 target - Read more

THE GOOD
Business Development & Partnerships

eXmoor Pharma, Royal Free London collaborate on UK gene therapy manufacturing pathway development
Strategic collaboration, gene therapy, cell therapy, manufacturing, R&D - Read more

mAIbe, LenioBio collaborate on AI-driven monoclonal antibody discovery and validation platform
Research collaboration, antibody, AI/ML, drug discovery - Read more

Curapath, Cristal Therapeutics sign co-exclusive license for CliCr bioconjugation platform for targeted drug delivery
Licensing deal, drug delivery, bioconjugation technology, manufacturing agreement, nucleic acid therapeutics - Read more

Prestige Biopharma, Biosidus enter exclusive license agreement for Tuznue commercialization in Latin America
Licensing deal, oncology, antibody, commercialization - Read more

Sinovac, Brazil's health ministry sign $700M vaccine supply deal for chickenpox, rabies vaccines
Manufacturing agreement, vaccine, infectious disease, supply deal - Read more

SK Biopharmaceuticals in-licenses radiopharmaceutical therapy candidate WT-7695 from Wisconsin Alumni Research Foundation, targeting carbonic anhydrase IX
Licensing deal, oncology, radiopharmaceutical, small molecule, R&D - Read more

Teijin Pharma receives $5M milestone from Bioprojet for initiating narcolepsy drug phase 1 trial
Licensing deal, neurological, milestone payments, small molecule - Read more

Saya Biologics, Innovent Biologics collaborate to register and commercialize bevacizumab biosimilar in Mexico
Strategic collaboration, oncology, biosimilar, commercialization - Read more

Imugene, JW Therapeutics collaborate on onCARlytics and Carteyva combination for solid tumors
Co-development, oncology, oncolytic virus, cell therapy, solid tumors - Read more

JFCR, NEC, Taiho partner on shared neoantigen cancer vaccines using whole-genome information
Research collaboration, oncology, vaccine, AI/ML - Read more

Sanyou Bio, FatiAbGen partner on AI-driven drug discovery platform expansion in Korea and global markets
Strategic collaboration, AI/ML, drug discovery, antibody, R&D - Read more

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 More Good News 

THE GOOD
Clinical Trials

Valneva reports positive Ph2 results for VLA15 Lyme disease vaccine candidate showing strong immune response
Vaccine, infectious disease, Lyme disease, booster dose, bacterial infection - Read more

Zhongmou's ZM-02 optogenetic gene therapy shows vision improvements in Ph1 trial for advanced retinitis pigmentosa
Gene therapy, neurological, optogenetic therapy, retinitis pigmentosa, orphan drug designation - Read more

Gan & Lee initiates Ph3 trial for once-monthly bofanglutide GLP-1 receptor agonist targeting obesity in China
Protein therapy, metabolic, GLP-1 receptor agonist, obesity, once-monthly dosing - Read more

Kelun-Biotech's sacituzumab tirumotecan TROP2 ADC shows 31% response rate in Ph2 urothelial carcinoma study
Antibody, cancer, antibody-drug conjugate, urothelial carcinoma, TROP2 target - Read more

THE GOOD
Fundraises

Tempest raises $8.35M registered direct offering, clinical-stage cancer therapeutics development
Cancer, clinical-stage, immune-mediated therapeutics, first-in-class - Read more

Enlivex Therapeutics raises $212M private placement, macrophage immunotherapy company launching prediction markets strategy
Clinical-stage, immunotherapy, macrophage reprogramming, blockchain integration - Read more

Kane Biotech raises $800K private placement, developing biofilm-disrupting wound care treatments
Wound care, biofilm disruption, antimicrobial - Read more

Cormorant Asset Management to raise $400M fund, biotech/healthcare investment focus
Investment firm, biotech investor, healthcare fund, diversified portfolio - Read more

THE GOOD
Market Reports

AI-native biotechs raise funds at double valuations compared to traditional biopharma companies
AI-enabled drug discovery, strategic, investment, venture capital - Read more

THE GOOD
Regulatory

Novo Nordisk submits Wegovy (semaglutide) 7.2-mg dose application for obesity using priority voucher for expedited FDA review
Small molecule, metabolic, GLP-1 receptor agonist, obesity, semaglutide - Read more

Shanghai launches regulatory reforms to accelerate biomedical development with faster approvals and pilot programmes
Regulatory, strategic, operational, investment - Read more

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❌ The Bad News

THE BAD
Approvals & Labels

FDA delays Ascendis Pharma's TransCon CNP achondroplasia approval decision by three months to February 2026
Protein therapy, rare disease, CNP analog, achondroplasia, dwarfism, pediatric population - Read more

THE BAD
Clinical Trials

Kallyope terminates Ph2 study of K-645 migraine drug after interim analysis shows unlikely efficacy success
Small molecule, neurological, migraine, TRPM8 inhibitor - Read more

BiomX's BX004 Ph2b trial in cystic fibrosis faces FDA clinical hold over nebulizer device concerns
Phage therapy, respiratory, bacteriophage cocktail, cystic fibrosis, Pseudomonas aeruginosa - Read more

THE BAD
Layoffs

Valneva shuts Nantes site, eliminates 30 jobs while consolidating operations in Lyon
Vaccine, infectious disease, operational, cost reduction - Read more

THE BAD
Mergers & Acquisitions

Lundbeck abandons Avadel pursuit after Alkermes raises bid to $21 per share plus CVR
GABAB agonist, sleep disorders, strategic, major transaction - Read more

THE BAD
Regulatory

India rejects Hetero Labs' generic HIV drug proposal, delaying lenacapavir access for millions
Small molecule, infectious disease, regulatory, operational - Read more

FDA delays Vanda's tradipitant clinical hold re-review to December 5 due to personnel transitions
Small molecule, gastrointestinal, regulatory, operational - Read more

FDA to tighten vaccine regulation after analysis links COVID-19 shots to 10 child deaths
mRNA vaccine, infectious disease, regulatory, operational - Read more

👹 The Ugly News 👹

THE UGLY
Lawsuits

Sanofi headquarters raided by French authorities in tax fraud probe involving Société Générale loan
Legal, tax fraud investigation, operational, financial - Read more

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

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How is it almost 2026 (one month to go)? | Gif: cbc on Giphy

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