
Novo raises full-year outlook after oral Wegovy quarterly sales hit $812M, beating expectations | Gif: abcnetwork on Giphy
All the top Biotech & Pharma news in one daily newsletter.
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✅ The Good News ✅
THE GOOD
Approvals & Labels
Bayer's sevabertinib wins NMPA approval as first-line therapy for HER2-mutant non-small cell lung cancer based on Ph1/Ph2 data
Small molecule, cancer, tyrosine kinase inhibitor, non-small cell lung cancer, HER2 - Read more
THE GOOD
Business Development & Partnerships
Boehringer Ingelheim, Sino Biopharmaceutical partner on six oncology biologics, $358M upfront, $7B milestones
Co-development, oncology, antibody-drug conjugate, milestone payments, royalties - Read more
Blackstone Life Sciences, Boston Scientific co-fund next-generation miniature heart pump development in $455M deal
Co-development, cardiovascular, medical devices, milestone payments - Read more
Minghui Pharmaceutical licenses TED candidate MHB018A to ASKA Pharmaceutical for Japan, $440M deal, $110M upfront
Licensing deal, autoimmune, antibody, milestone payments, royalties - Read more
Exogenus Therapeutics leads €13M($14.6M) EU consortium to advance secretome therapy EXO-101 for osteoarthritis
Research collaboration, regenerative medicine, extracellular vesicles, osteoarthritis, GMP manufacturing, clinical development - Read more
AbbVie licenses Nxera Pharma's IBD EP4 agonist NXE0033744 for $100M upfront, up to $1.47B total
Licensing deal, autoimmune, small molecule, milestone payments, royalties - Read more
CStone Pharmaceuticals, Kimia Therapeutics collaborate on clinical development of first-in-class DDR pathway solid tumor candidate
Clinical collaboration, oncology, small molecule, AI/ML, milestone payments, royalties - Read more
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✅ More Good News ✅
THE GOOD
Earnings & Finances
Madrigal Pharmaceuticals' Rezdiffra surpasses $1.7B annualized sales, posts first quarterly profit
Small molecule, MASH, revenue impact, major transaction - Read more
Teva's branded neurology sales surge 33%, offsetting generic decline and prompting 2026 guidance raise
Small molecule, neurological, revenue impact, financial - Read more
Novo raises full-year outlook after oral Wegovy quarterly sales hit $812M, beating expectations
Small molecule, obesity, financial, competitive - Read more
Amgen raises full-year revenue outlook to $39.7B after Q3 beat driven by Repatha, Imdelltra
Small molecule, oncology, cardiovascular, revenue impact - Read more
THE GOOD
Fundraises
nPhase raises $30M Series D to expand AI-native clinical data platform
Clinical data platform, AI/ML platform, CRO, clinical trials - Read more
Safi Biotherapeutics receives $4.7M non-dilutive award extension to develop cryopreserved red blood cell formulation
Cell therapy, stem cell-derived, transfusion medicine, sickle cell disease, biomanufacturing - Read more
Newleos Therapeutics receives $15.5M NIH grant to advance NTX-2001 for cocaine use disorder
Neuropsychiatric, small molecule, substance use disorders, clinical-stage - Read more
Vitroscope raises $7M in funding, advancing real-time immune activity and disease mechanism platform
Platform technology, live-cell imaging, organoids, preclinical, drug discovery - Read more
Thryv Therapeutics raises $30M Series B to launch ASPIRE-HF heart failure study
Clinical-stage, cardiovascular, rare disease, small molecule, inherited channelopathies - Read more
THE GOOD
Investments
AbbVie invests £120M ($160M) in UK, launching new Oxford R&D site expanding immunology, neuroscience, oncology capabilities
Monoclonal antibody, immunology, oncology, major transaction - Read more
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❌ The Bad News ❌
THE BAD
Business Development & Partnerships
Sanofi discontinues Nurix Therapeutics' STAT6 degrader SAR448272, citing molecule-specific nonclinical findings, not target issues
Licensing deal, autoimmune, small molecule, drug discovery, milestone payments - Read more
THE BAD
Clinical Trials
Servier's (sevasemten) fails Ph3 primary endpoint in patients with Becker muscular dystrophy
Small molecule, neuromuscular disease, fast skeletal myosin inhibitor, Becker muscular dystrophy, Duchenne muscular dystrophy - Read more
THE BAD
Lawsuits
Madrigal Pharmaceuticals faces whistleblower lawsuit alleging Rezdiffra liver-injury data cover-up and clinical trial manipulation
Small molecule, metabolic disease, patient safety, data integrity - Read more
THE BAD
Layoffs
Ultragenyx cuts 20% workforce and halves R&D budget to $350M, targeting 2027 profitability
Rare disease, gene therapy, cost reduction, operational - Read more
You’re all caught up on the latest Pharma & Biotech News!
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