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- Biotech & Pharma Updates | October 9 - 12, 2025
Biotech & Pharma Updates | October 9 - 12, 2025
🧬 BMS dives further into in-vivo cell therapy with $1.5B Orbital Tx buy, AstraZeneca agress to MFN pricing + joins TrumpRx, Ypsomed to build $248M NC-based manufacturing facility, J&J potentially buying Protagonist Tx in rumored well above $4B market value

Bristol Myers Squibb acquires Orbital Therapeutics for $1.5B to advance in vivo cell therapy ambitions. | Gif: clientliaison on Giphy
All the top Biotech & Pharma news in one daily newsletter.
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✅ The Good News ✅
THE GOOD
Business Development & Partnerships
Roche out-licenses GLP-1/GIP agonist CT-388 to Chugai for Japan diabetes/obesity development
Licensing deal, small molecule, metabolic disorders, milestone payments - Read more
THE GOOD
Clinical Trials
Regeneron reports updated Ph1/2 data for DB-OTO gene therapy treating genetic hearing loss in children
Gene therapy, neurological, AAV gene therapy, hearing loss, DFNB9, synaptic transmission - Read more
Satellos reports Ph1 efficacy for oral SAT-3247 targeting AAK1 in Duchenne muscular dystrophy, plans Ph2 trial
Small molecule, neurological, Duchenne muscular dystrophy, AAK1 inhibitor, muscle regeneration - Read more
Taiho, Cullinan present Ph2 zipalertinib data for EGFR-mutated non-small cell lung cancer with brain metastases
Small molecule, cancer, tyrosine kinase inhibitor, non-small cell lung cancer, EGFR mutations, brain metastases - Read more
Arcus reports 26.7-month median survival for domvanalimab plus zimberelimab in Ph2 gastroesophageal adenocarcinoma trial
Antibody, cancer, monoclonal antibody, gastroesophageal adenocarcinoma, TIGIT target, combination therapy - Read more
Assembly Biosciences reports Ph1b data for ABI-5366 helicase-primase inhibitor showing 94% reduction in herpes simplex virus shedding
Small molecule, infectious disease, helicase-primase inhibitor, herpes simplex virus, HSV-2 - Read more
OS Therapies' OST-HER2 HER2-targeting vaccine shows significant Ph2 survival improvement in recurrent pulmonary metastatic osteosarcoma patients
Vaccine, cancer, cancer vaccine, osteosarcoma, HER2 target, immunotherapy - Read more
Cabaletta's resecabtagene autoleucel CAR-T eliminates B cells without preconditioning in Ph1/2 pemphigus vulgaris trial
Cell therapy, autoimmune, CAR-T, pemphigus vulgaris, B cell depletion, no preconditioning - Read more
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✅ More Good News ✅
THE GOOD
Fundraises
Evommune files IPO to advance inflammatory condition treatments through Phase 2
Autoimmune, small molecule, clinical-stage, chronic inflammatory conditions - Read more
Quoin Pharmaceuticals raises $104.5M private placement, rare and orphan diseases specialty pharma
Rare disease, specialty pharmaceutical, clinical-stage, orphan diseases - Read more
Samsara BioCapital plans to raise a $200M opportunity fund, supporting existing life sciences portfolio companies
Investment firm, life sciences - Read more
Idorsia raises $65M equity offering, funding QUVIVIQ commercialization and pipeline advancement
Small molecule, neurological, commercial-stage, sleep disorders - Read more
THE GOOD
Investments
Ypsomed invests $248M to build first U.S. auto-injector manufacturing facility in North Carolina
Drug delivery device, diabetes/metabolic, strategic, major investment, operational, manufacturing expansion - Read more
THE GOOD
Mergers & Acquisitions
Bristol Myers Squibb acquires Orbital Therapeutics for $1.5B to advance in vivo cell therapy technology
In vivo cell therapy, autoimmune, strategic, major transaction - Read more
Shuttle Pharmaceuticals acquires Molecule.ai for $10M to enter AI-driven drug discovery market
AI drug discovery platform, oncology, strategic, major transaction - Read more
Johnson & Johnson in acquisition talks with immunology partner Protagonist Therapeutics, potentially valuing company above $4B
Oral peptide, autoimmune, strategic, major transaction - Read more
THE GOOD
Politics & Policy
AstraZeneca joins Trump's MFN pricing program, offering Medicaid drugs at global lowest prices
Respiratory therapeutics, chronic disease, strategic, regulatory, major transaction, cost reduction - Read more
❌ The Bad News ❌
THE BAD
Layoffs
Novo Nordisk shuts cell therapy unit, cuts 250 jobs in $1.3B cost-saving restructuring plan
Cell therapy, diabetes, strategic, cost reduction, operational - Read more
THE BAD
Politics & Policy
MIT rejects White House funding deal requiring ideological compliance, citing scientific merit principles
Academic research, biotech funding, regulatory, strategic - Read more
Senate passes softer Biosecure Act successor targeting Chinese biotechs, notably excluding WuXi companies
Regulatory, strategic, operational, competitive - Read more
👹 The Ugly News 👹
THE UGLY
Layoffs
Trump administration fires HHS employees during government shutdown, escalating beyond typical closure procedures
Regulatory, operational, strategic, government shutdown - Read more
You’re all caught up on the latest Pharma & Biotech News!

Happy Canadian Thanksgiving! | Gif: The Colbert Report
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