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  • Biotech & Pharma Updates | October 20 - 21, 2025

Biotech & Pharma Updates | October 20 - 21, 2025

🧬 Elevara Medicines launches with $70M + an in-licensed Ph2 ready asset, Axial Tx rebrands as Vertero Tx + $20M Series D, Chemify's $50M Series B to "digitize chemistry", AbbVie's Rinvoq beats Humira in Ph3 rheumatoid arthritis trial, Takeda, + Innovent Biologics partner on late-stage oncology medicines for solid tumors, Samsung Bioepis + Phrontline Biopharma partner on dual-payload ADC development involving undisclosed financials

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

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✅ The Good News ✅ 

THE GOOD
Approvals & Labels

Cosmo Pharmaceuticals receives European Commission approval for Winlevi clascoterone cream treating acne vulgaris in adults, adolescents
Small molecule, dermatological, androgen receptor inhibitor, acne vulgaris, topical therapy - Read more

THE GOOD
Business Development & Partnerships

Samsung Bioepis, Phrontline Biopharma partner on dual-payload ADC development with undisclosed financials
Licensing deal, oncology, antibody-drug conjugate, co-development, milestone payments - Read more

Iambic, Jazz partner to test IAM1363-zanidatamab combination in HER2-positive breast cancer
Research collaboration, oncology, small molecule, antibody - Read more

Takeda, Innovent Biologics partner on late-stage oncology medicines IBI363, IBI343 for solid tumors globally
Licensing deal, oncology, global, solid tumors, late-stage development, commercialization - Read more

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 More Good News 

THE GOOD
Clinical Trials

GSK and Spero report positive Ph3 results for oral tebipenem HBr in complicated urinary tract infections
Small molecule, infectious disease, antibiotic, urinary tract infection, antimicrobial resistance - Read more

Nxera HTL0039732 EP4 antagonist shows promising Ph1 results in advanced solid tumours, advances to Ph2a
Small molecule, cancer, EP4 antagonist, solid tumors, combination therapy, checkpoint inhibitor - Read more

AbbVie's Rinvoq beats Humira in Ph3 rheumatoid arthritis trial, achieving double response rates in JAK inhibitor switch study
Small molecule, autoimmune, JAK inhibitor, rheumatoid arthritis, TNF inhibitor - Read more

THE GOOD
Company Launches

Elevara Medicines launches with $70M Series A, licenses Teijin Pharma’s CDK4/6 inhibitor ELV001 to advance phase 2 rheumatoid arthritis trial
Autoimmune, small molecule, rheumatoid arthritis, clinical-stage - Read more

THE GOOD
Fundraises

Vertero raises $20M Series D, Parkinson's candidate targeting gut-brain microbial amyloids
Neurological, small molecule, Parkinson disease, clinical-stage - Read more

Disc Medicine raises $225M public offering, commercializing treatments for blood diseases
Hematologic diseases, clinical-stage, rare disease, small molecule - Read more

CCTST raises $37.2M grant renewal, advancing clinical and translational science research
Translational science, clinical research platform, academic research center, multi-disease - Read more

Chemify raises $50M Series B, automation platform for drug design/manufacturing
Small molecule, platform technology, automation, drug design, manufacturing - Read more

Minerva Neurosciences raises $200M private placement, advancing roluperidone through Phase 3 trial
Neurological, clinical-stage, small molecule, schizophrenia - Read more

Adaptyx raises $14M Seed, biowearables platform for continuous multi-analyte molecular monitoring
Biowearables, continuous monitoring, AI/ML platform, multi-analyte sensing - Read more

THE GOOD
Investments

India's ACG invests $200M to build first US empty-capsule manufacturing facility in Atlanta
Oral solid dosage, manufacturing, strategic, major transaction, operational - Read more

THE GOOD
Market Reports

Survey finds 72% of consumers interested in pharma direct-to-consumer drug sales despite insurance concerns
Direct-to-consumer sales, strategic, operational, financial, competitive - Read more

THE GOOD
Mergers & Acquisitions

Curewell Capital makes majority investment in Wilmington PharmaTech to expand US drug ingredient manufacturing capacity
Small molecule, strategic, major transaction, operational, manufacturing - Read more

THE GOOD
Product Launches

SK Biopharmaceuticals, Eurofarma launch AI-based epilepsy management platform joint venture Mentis Care
Joint venture, neurological, AI/ML, digital health, global - Read more

❌ The Bad News

THE BAD
Clinical Trials

Alector's latozinemab fails Ph3 trial for progranulin-targeted frontotemporal dementia treatment despite biomarker success
Antibody, neurological, monoclonal antibody, frontotemporal dementia, progranulin, GRN mutation - Read more

Terns Pharmaceuticals reports negative Ph2 results for TERN-601 GLP-1 receptor agonist in obesity, halts development
Small molecule, metabolic, GLP-1 receptor agonist, obesity, liver toxicity - Read more

THE BAD
Company Shutdown

Galapagos winds down cell therapy business after failed sale, cutting 365 jobs
Cell therapy, strategic, operational, cost reduction - Read more

THE BAD
Regulatory

Kenvue opposes FDA petition seeking Tylenol pregnancy warnings over alleged autism link concerns
Small molecule, neurological, regulatory, defensive strategy - Read more

FDA reports death in patient taking Ascendis Pharma's hypoparathyroidism drug Yorvipath, stock drops 12%
Prodrug, rare disease, regulatory, safety concern - Read more

THE BAD
Strategic Plans

Novo Nordisk Foundation pushes to replace majority of board citing slow obesity market response
GLP-1 agonist, obesity, strategic, operational, corporate governance - Read more

Syncona withdraws wind-down plans, will return £250m ($335.1M) to shareholders from mature investments instead
Life sciences fund, strategic, financial, capital reallocation, investment - 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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