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- Biotech & Pharma Updates | October 5 - 6, 2025
Biotech & Pharma Updates | October 5 - 6, 2025
🧬 TCG Crossover raises $1.3B third fund focused on biotech + life sciences, AstraZeneca + Daiichi Sankyo's Datroway shows survival benefit vs chemotherapy in Ph3 triple-negative breast cancer trial, Trogenix's "Trojan Horse"-tech for cancer biotech lands £70M Series A, AstraZeneca + Algen sign up to $555M AI-powered drug discovery partnership, Chiesi + Arbor up to $2.1B rare disease partnership, Eli Lilly to invest up to $1B in Indian-based CDMO partnerships

Is biotech-focused VC heating up again? TCG Crossover raises $1.3B, their third fund in 4 years. | Gif: cc0studios on Giphy
All the top Biotech & Pharma news in one daily newsletter.
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✅ The Good News ✅
THE GOOD
Approvals & Labels
FDA approves Arcutis' ZORYVE roflumilast cream for atopic dermatitis in children ages 2-5
Small molecule, autoimmune, PDE4 inhibitor, atopic dermatitis, pediatric population, topical therapy - Read more
THE GOOD
Business Development & Partnerships
Chiesi, Arbor forge $2.1B rare disease gene editing partnership targeting primary hyperoxaluria
Research collaboration, rare disease, gene therapy, milestone payments, global - Read more
Hikma, Celltrion expand MENA biosimilar alliance with six exclusive licensing agreements
Licensing deal, biosimilars, oncology, MENA region, commercialization - Read more
AstraZeneca, Algen partner on AI-driven immunology target discovery, $555M total consideration
Research collaboration, AI/ML, immunology, milestone payments - Read more
RedHill Biopharma licenses Talicia H. pylori treatment to Middle East partner for $1.8M plus royalties
Licensing deal, infectious disease, small molecule, Middle East, milestone payments, royalties - Read more
Ignota Labs, Kronos Bio acquire shelved clinical pipeline including CDK9, SYK inhibitors for under $300K
Acquisition, oncology, small molecule, drug discovery, milestone payments - Read more
Harness, Ono Venture launch MISBA Duo platform collaboration for rare triplet repeat disorders
Research collaboration, neurological, rare disease, antisense oligonucleotide, equity investment - Read more
Panacea Biotec secures $35.65M UNICEF supply deal for oral polio vaccines through 2030
Manufacturing agreement, vaccine, global, supply contract - Read more
Rentschler Biopharma expands Japan, South Korea CDMO services, partners with Summit Pharmaceuticals International
Manufacturing agreement, biologics, Asia, CDMO services - Read more
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✅ More Good News ✅
THE GOOD
Clinical Trials
AstraZeneca, Daiichi Sankyo's Datroway shows survival benefit vs chemotherapy in Ph3 triple-negative breast cancer trial targeting TROP2
Antibody-drug conjugate, cancer, triple-negative breast cancer, TROP2 target, metastatic disease - Read more
AbbVie's botox hits Ph2 primary endpoint for upper limb essential tremor, targeting neurotoxin pathway
Protein therapy, neurological, botulinum toxin, essential tremor, movement disorders - Read more
Biomea Fusion reports positive Ph2 results for icovamenib targeting menin in type 2 diabetes at 52 weeks
Small molecule, metabolic, type 2 diabetes, kinase inhibitor, insulin deficiency - Read more
Abivax reports positive Ph3 ABTECT results for obefazimod in moderate-to-severe ulcerative colitis with updated safety
Small molecule, autoimmune, ulcerative colitis, oral therapy, JAK inhibitor - Read more
THE GOOD
Fundraises
TCG Crossover raises $1.3B third fund, life sciences investment firm backing biotech
Investment firm, life sciences, biotech funding - Read more
Trogenix raises $95M Series A, 'Trojan Horse' cancer therapies targeting solid tumors
Oncology, gene therapy, platform technology, clinical-stage - Read more
NanoPhoria raises $98M Series A for inhaled heart failure therapy NP-MP1
Cardiovascular, peptide therapy, nanoparticle delivery, preclinical - Read more
BioRestorative raises $1.1M registered direct offering, stem cell-based therapies development
Stem cell therapy, cell therapy, clinical-stage, metabolic disease - Read more
THE GOOD
Investments
Eli Lilly invests $1B-plus in India contract manufacturing partnerships for key drug supply
Multiple modalities, multiple disease areas, strategic, major transaction, operational - Read more
Mytos launches automated CDMO offering for stem cell therapies, targeting 2026 clinical readiness
Cell therapy, regenerative medicine, strategic, operational - Read more
THE GOOD
Marketing
Myeloid Therapeutics rebrands as Create Medicines, expands beyond myeloid cells to multi-immune programming
in vivo CAR therapy, oncology, strategic, operational - Read more
THE GOOD
Product Launches
Amgen launches DTC platform offering Repatha at 60% discount, lowest G7 price supporting Trump initiative
Monoclonal antibody, cardiovascular, strategic, cost reduction, competitive - Read more
THE GOOD
Regulatory
FDA lifts clinical hold on Neurizon's ALS drug NUZ-001, clearing path for human trials
Small molecule, neurological, regulatory, strategic - Read more
CDC adopts new chickenpox, COVID-19 vaccine guidelines separating MMRV shots, enabling individual-based decisions
Vaccine, infectious disease, regulatory, operational - Read more
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❌ The Bad News ❌
THE BAD
Clinical Trials
Skye Bioscience nimacimab targeting CB1 cannabinoid receptor fails Ph2 monotherapy trial for obesity treatment
Antibody, metabolic, monoclonal antibody, obesity, CB1 receptor, combination therapy - Read more
THE BAD
Earnings & Finances
AbbVie warns of $2.7B R&D hit, cuts full-year earnings forecast by $1.50 per share
Trispecific antibody, oncology, financial, major transaction - Read more
THE BAD
Lawsuits
Biogen ordered to pay Genentech $124M in royalties for Tysabri patent dispute
Monoclonal antibody, neurological, financial, regulatory, major transaction - Read more
👹 The Ugly News 👹
THE UGLY
No Ugly News Today!
You’re all caught up on the latest Pharma & Biotech News!

On a personal note, it’s moving day for me. Wish me luck! -Anis
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