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- Biotech & Pharma Updates | October 29 - 30, 2025
Biotech & Pharma Updates | October 29 - 30, 2025
🧬 Novo Nordisk drops $6.5B bid for obesity drug-maker Metsera - sparking bidding war with original acquirer Pfizer, Evommune raises $159M IPO to fuel inflammation-targeting therapeutics against chronic urticaria, Eli Lilly raises revenue forecasts as obesity drug tirzepatide becomes world's best-selling medication, AstraZeneca's gefurulimab (ALXN1720) meets Ph3 endpoints for generalized myasthenia gravis, Boehringer Ingelheim in-licenses Kyowa Kirin preclinical autoimmune small molecule for up to €640M ($743M), Roche in-licenses Qyuns Therapeutics respiratory disease bispecific QX031N for $75M upfront + $995M biobucks
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✅ The Good News ✅
THE GOOD
Business Development & Partnerships
Roche, Qyuns Therapeutics license respiratory disease bispecific QX031N, $75M upfront, $995M milestones
Licensing deal, respiratory disease, bispecific antibody, milestone payments - Read more
Boehringer Ingelheim, Kyowa Kirin license preclinical autoimmune small molecule for €640M ($743M) deal
Licensing deal, autoimmune, small molecule, milestone payments - Read more
CSL Seqirus partners with Saudi Arabia on flu vaccine supply and local production, financial terms undisclosed
Manufacturing agreement, vaccine, infectious disease, pandemic preparedness - Read more
Wheeler Bio, Mitsubishi Corporation partner to accelerate Asia-Pacific business development with Series A-1 investment
Strategic partnership, biomanufacturing, antibody, equity investment - Read more
Everest Medicines, Visara license ophthalmic bispecific VIS-101, $7M upfront, $89M milestones
Licensing deal, ophthalmic, bispecific antibody, milestone payments - Read more
Piramal Pharma Solutions, IntoCell formalize ADC development partnership to expand payload-linker platform capabilities
Manufacturing agreement, antibody-drug conjugate, licensing deal, bioconjugate development - Read more
InSysBio, BeOne Medicines collaborate on QSP modeling for GPC3 x 4-1BB bispecific antibody BGB-B2033
Research collaboration, oncology, antibody, drug discovery - Read more
4DMT, Otsuka license 4D-150 for Asia-Pacific retinal diseases, $85M upfront, $336M milestones
Licensing deal, gene therapy, ophthalmology, milestone payments, royalties - Read more
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✅ More Good News ✅
THE GOOD
Clinical Trials
Gilead ends Ph1 trial of GS-1219, selects GS-3242 as twice-yearly partner for lenacapavir HIV treatment
Small molecule, infectious disease, integrase inhibitor, HIV, capsid inhibitor, combination therapy - Read more
Avobis Bio's AVB-114 shows 45.8% remission rate in Ph2 trial for Crohn's disease perianal fistulas
Cell therapy, autoimmune, implantable cell therapy, Crohn's disease, perianal fistula - Read more
AstraZeneca's gefurulimab (ALXN1720) meets Ph3 endpoints for generalized myasthenia gravis targeting complement protein C5
Protein therapy, autoimmune, nanobody, generalized myasthenia gravis, complement inhibition, C5 protein - Read more
Tectonic Therapeutic reports positive Ph1b results for TX45 in Group 2 pulmonary hypertension in heart failure with reduced ejection fraction
Protein therapy, cardiovascular, fusion protein, pulmonary hypertension, heart failure - Read more
Wave Life Sciences reports positive Ph1 biomarker data for WVE-007 targeting INHBE in obesity treatment
RNA therapy, metabolic, siRNA, obesity, INHBE target - Read more
THE GOOD
Earnings & Finances
Alnylam's Amvuttra beats Q3 estimates with $685M sales, driving $275M guidance increase
RNAi therapy, rare disease, financial, revenue impact - Read more
Merck & Co.'s adult pneumococcal vaccine Capvaxive hits $244M Q3 sales amid industry vaccine decline
Vaccine, infectious disease, financial, competitive - Read more
Biogen raises sales outlook as legacy MS drugs stay resilient while new neurological launches gain momentum
Monoclonal antibody, neurological, financial, strategic - Read more
Eli Lilly raises revenue forecasts as obesity drug tirzepatide becomes world's best-selling medication
GLP-1 receptor agonist, metabolic disease, revenue impact, major transaction - Read more
THE GOOD
Fundraises
Evommune raises $159M IPO, inflammation biotech developing chronic urticaria treatments
Inflammation, small molecule, clinical-stage, autoimmune - Read more
Cunde Medical raises undisclosed Series A, mRNA-DC tumor vaccines and cell therapy
Cell therapy, mRNA technology, oncology, personalized medicine - Read more
CytoCares raises undisclosed A++ round, tri-specific TCE platform for autoimmune diseases
Tri-specific antibody, autoimmune, SLE, clinical-stage - Read more
Oculis raises $110M public offering, accelerating Privosegtor development for optic neuroprotection
Ophthalmology, neurological, neuroprotective, clinical-stage - Read more
Evaxion raises $7.2M equity funding, AI-powered vaccine development platform
AI/ML platform, vaccines, clinical-stage, platform technology - Read more
Longwood Biopharmaceuticals raises hundreds of millions RMB Series B+, innovative drug development
Autoimmune, antiviral, small molecule, clinical-stage - Read more
Seres Therapeutics receives $3.6M CARB-X grant for SER-155 liquid formulation development
Live biotherapeutics, infectious disease, microbiome therapy, clinical-stage - Read more
iOrganBio raises $2M funding, AI-powered platform for cell and organoid manufacturing
Cell therapy, AI/ML platform, organoid technology, platform-enabled - Read more
Tubulis raises $401M Series C, pushing boundaries of antibody-drug conjugates
Antibody-drug conjugates, oncology, clinical-stage, platform technology - Read more [Paywall]
Savara raises $75M royalty funding, supports MOLBREEVI launch for autoimmune PAP
Rare disease, respiratory, autoimmune, clinical-stage - Read more
THE GOOD
Mergers & Acquisitions
Novo Nordisk drops $6.5B bid for obesity drug-maker Metsera, sparking bidding war with original acquirer Pfizer
GLP-1 receptor agonist, obesity, strategic, major transaction - Read more
THE GOOD
Product Launches
ProImmune launches ProVE SL monomers for enhanced CD8+ T cell detection across 50+ HLA alleles
Immunotherapy reagents, oncology, operational, strategic - Read more
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❌ The Bad News ❌
THE BAD
Clinical Trials
Eli Lilly halts Ph2 development of LY3857210 P2X7 inhibitor for chronic pain indications
Small molecule, pain, P2X7 inhibitor, osteoarthritis, diabetic neuropathic pain - Read more
Takeda discontinues TAK-341 (alpha-synuclein antibody) for multiple system atrophy after Ph2 trial failure
Antibody, neurological, monoclonal antibody, multiple system atrophy, alpha-synuclein target - Read more
Ventus Therapeutics terminates VENT-02 NLRP3 inhibitor Ph2 trial in Parkinson's disease after enrolling 29 patients
Small molecule, neurological, NLRP3 inhibitor, Parkinson's disease, neuroinflammation - Read more [Paywall]
THE BAD
Earnings & Finances
Bristol Myers Squibb’s Cobenfy misses Q3 estimates at $43M amid challenges changing schizophrenia prescribing habits
Small molecule, neurological, financial, operational - Read more
Merck's Gardasil HPV vaccine sales plummet 25% globally amid declining US and China demand
Vaccine, infectious disease, financial, operational - Read more
Takeda cuts full-year guidance as Vyvanse generic competition drives 45% sales decline, shares fall 8%
Small molecule, neurological, financial, strategic, revenue impact - Read more
THE BAD
Layoffs
Sensei abandons sole clinical-stage cancer drug solnerstotug, plans layoffs amid funding challenges
Monoclonal antibody, oncology, operational, financial - Read more
THE BAD
Strategic Plans
Bristol Myers Squibb drops two clinical programs from Mirati acquisition and Exscientia partnership in pipeline restructuring
Small molecule, oncology, strategic, operational - Read more
👹 The Ugly News 👹
THE UGLY
Regulatory
FDA places clinical hold on Intellia Therapeutics' CRISPR gene therapy trials after life-threatening liver toxicity event
Gene therapy, rare disease, regulatory, operational - Read more
You’re all caught up on the latest Pharma & Biotech News!

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