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- Biotech & Pharma Updates | October 8 - 9, 2025
Biotech & Pharma Updates | October 8 - 9, 2025
🧬 Novo Nordisk to buy Akero Tx for $4.7B, AstraZeneca kicks off construction on $4.5B Virginia-based API plant, Ascenta Capital announces inagurual $325M fund focused on platform biotech, Ono Pharma + Bristol Myers Squibb's EP4 antagonist touts positive Ph2 data in gastric cancer, AstraZeneca + Turbine partner on ADC discovery via experimental virtualization at scale, AviadoBio in-licenses rare eye disease gene therapy from China's UgeneX Therapeutics for up to $413M, Expedition Tx raises $165M Series A for DPP1 inhibitor in treating COPD
All the top Biotech & Pharma news in one daily newsletter.
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✅ The Good News ✅
THE GOOD
Approvals & Labels
Celltrion receives FDA approval for EYDENZELT aflibercept biosimilar targeting VEGF for diabetic macular edema
Protein therapy, ophthalmology, biosimilar, VEGF inhibitor, age-related macular degeneration, diabetic macular edema - Read more
THE GOOD
Business Development & Partnerships
Catalent, Lisata partner on ADC development using certepetide tumor drug, $10M milestone deal
Research collaboration, oncology, antibody-drug conjugate, milestone payments - Read more
AviadoBio, UgeneX Therapeutics secure option deal for rare eye disease gene therapy worth up to $413M
Licensing deal, rare disease, gene therapy, milestone payments - Read more
Santhera, Biomedica partner for exclusive AGAMREE distribution in Russia for DMD patients, sales starting Q1 2026
Distribution agreement, rare disease, neurological, royalties - Read more
AstraZeneca, Turbine partner to accelerate ADC discovery using AI-powered virtual lab platform
Research collaboration, oncology, AI/ML, antibody-drug conjugate, drug discovery - Read more
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✅ More Good News ✅
THE GOOD
Clinical Trials
Ono Pharmaceutical’s, Bristol Myers Squibb's ONO-4578 EP4 antagonist meets Ph2 progression-free survival endpoint in gastric cancer patients
Small molecule, cancer, EP4 antagonist, gastric cancer, combination therapy, PD-1 inhibitor - Read more
Orexa reports positive Ph2 results for ORE-001 in post-operative ileus prevention following abdominal surgery
Small molecule, gastrointestinal, post-operative ileus, gynecologic surgery, phase 2 trial - Read more
Ono Pharmaceuticals reports positive Ph2 interim results for ONO-2808 S1P5 receptor agonist in multiple system atrophy
Small molecule, neurological, S1P5 receptor agonist, multiple system atrophy, Phase 2 trial - Read more
Genethon reports positive 2-year Ph3 data for GNT0004 micro-dystrophin gene therapy in Duchenne muscular dystrophy
Gene therapy, neurological, adeno-associated virus, Duchenne muscular dystrophy, micro-dystrophin, rare disease - Read more
Henlius' Hetronifly (PD-1 inhibitor) meets primary endpoint in Ph3 gastric cancer trial, enabling NDA submission
Antibody, cancer, PD-1 inhibitor, gastric cancer, combination therapy, neoadjuvant - Read more
ABLi Therapeutics' Risvodetinib meets Ph2 safety endpoint for c-Abl kinase inhibition in Parkinson's disease treatment
Small molecule, neurological, kinase inhibitor, Parkinson's disease, c-Abl kinase - Read more
University of Eastern Finland reports successful Ph2b results for VEGF-D gene therapy in refractory angina patients
Gene therapy, cardiovascular, adenoviral vector, refractory angina, VEGF-D - Read more
THE GOOD
Fundraises
Ascenta raises $325M inaugural fund, ex-Moderna leaders backing platform biotechs
Venture capital, platform technology, clinical-stage, multi-indication - Read more
Expedition Therapeutics raises $165M Series A, DPP1 inhibitor for COPD treatment
COPD, small molecule, inflammatory diseases, clinical-stage - Read more
Apogee Therapeutics raises $300M public offering, clinical-stage inflammatory/immunology biologics
Clinical-stage, antibody, inflammatory disease, autoimmune - Read more
Chengdu New Radiomedicine raises $117M Series D, “scarce” nuclides and radiopharmaceuticals production
Radiopharmaceuticals, oncology, clinical-stage, platform technology - Read more [Press release in Chinese]
THE GOOD
Investments
Lupin invests $250M to build Florida respiratory drug manufacturing plant, creating 200+ jobs
Respiratory drugs, respiratory disease, operational, strategic, major transaction - Read more
AstraZeneca begins construction of $4.5B Virginia API manufacturing facility for weight management and ADC drugs
Antibody-drug conjugate, metabolic disease, strategic, major transaction, operational - Read more
THE GOOD
Mergers & Acquisitions
Novo Nordisk acquires Akero Therapeutics for $4.7B to expand MASH liver disease treatment portfolio
FGF21 agonist, metabolic liver disease, strategic, major transaction - Read more
THE GOOD
Regulatory
FDA breakthrough therapy designation leads to 72% drug approval rate, Jefferies report shows
Regulatory, oncology, strategic, operational - Read more
MHRA and FDA strengthen partnership to fast-track AI and medical device approvals globally
Medical devices, regulatory, strategic, international collaboration - Read more
THE GOOD
Politics & Policy
GoodRx explores partnership with Trump's direct-to-consumer drug platform TrumpRx launching next year
Direct-to-consumer platform, multiple therapeutic areas, strategic, regulatory, competitive, major transaction - Read more
❌ The Bad News ❌
THE BAD
Approvals & Labels
FDA rejects Xspray's dasynoc approval bid for chronic myeloid leukemia over manufacturing concerns
Small molecule, cancer, chronic myeloid leukemia, acute lymphoblastic leukemia, manufacturing issues - 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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