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  • Biotech & Pharma Updates | September 1 - 2, 2025

Biotech & Pharma Updates | September 1 - 2, 2025

Amgen's $600M R&D investment in California, CHARM Therapeutics nabs $80M Series B to power menin inhibitor ambitions, Merck & Co.'s oral PCSK9 inhibitor lands another Ph3 win, Novartis brings on Arrowhead's preclinical Parkinson's siRNA for $200M upfront + $2B biobucks, Eli Lilly ditches pair of naperiglipron (oral obesity therapy) Ph2 trials due to "strategic business reasons", Paul Offit ousted from HHS (outspoken RFK Jr. critic and member of FDA's vaccine advisory committee)

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

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✅ The Good News ✅ 

THE GOOD
Approvals & Labels

Zai Lab's TIVDAK (tisotumab vedotin) approved in Hong Kong for recurrent/metastatic cervical cancer following chemotherapy
Antibody-drug conjugate, cancer, gynecological cancer, cervical cancer, metastatic disease, tissue factor target - Read more

THE GOOD
Business Development & Partnerships

Radiance Biopharma, Novatim Immune Therapeutics partner on bispecific ADC, $15M upfront plus $1.15B in milestones
Licensing deal, oncology, antibody-drug conjugate, milestone payments, global, R&D - Read more

Amgen partners with Veeva Systems to improve clinical trials using Veeva's technology platform
Clinical trial collaboration, technology partnership, clinical operations, data analytics, R&D - Read more

Zenas, Royalty Pharma partner on autoimmune drug obexelimab in $300M deal with $75M upfront payment
Licensing deal, autoimmune, milestone payments, commercialization, antibody, rare disease - Read more

eXmoor Pharma, Anthony Nolan partner to integrate donor sourcing and GMP manufacturing for cell therapy developers
Strategic partnership, cell therapy, manufacturing agreement, clinical development, donor services - Read more

Roche's Genentech partners with OMass Therapeutics for IBD program, $20M upfront plus $400M+ in milestones
Licensing deal, inflammatory bowel disease, small molecule, milestone payments, drug discovery, preclinical - Read more

Arrowhead, Novartis partner on siRNA Parkinson's program; $200M upfront, potential $2B in milestones
Licensing deal, neurological, siRNA, Parkinson's disease, milestone payments, R&D - Read more

Servier, IDEAYA partner on eye cancer drug darovasertib; $210M upfront, up to $530M total
Licensing deal, rare disease, oncology, milestone payments, global, small molecule - Read more

Vertex partners with Enlaza to develop autoimmune therapies, potential $2B+ deal with $45M upfront
Research collaboration, autoimmune disease, small molecule, gene therapy, milestone payments, equity investment - Read more

LOTTE BIOLOGICS partners with undisclosed US biopharma for late-stage manufacturing through 2030
Manufacturing agreement, contract manufacturing, biopharmaceutical, commercial supply, late-stage partnership - Read more

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 More Good News 

THE GOOD
Clinical Trials

United's Tyvaso shows Ph3 success in idiopathic pulmonary fibrosis, meeting primary endpoint in Teton-2 trial
Small molecule, respiratory disease, pulmonary vasodilator, idiopathic pulmonary fibrosis, pulmonary arterial hypertension, inhaled therapy - Read more

Upstream Bio's anti-TSLP antibody verekitug meets Ph2 endpoints for chronic rhinosinusitis with nasal polyps
Antibody, autoimmune, monoclonal antibody, chronic rhinosinusitis, nasal polyps, TSLP receptor - Read more

Merck & Co.'s oral PCSK9 inhibitor enlicitide scores third Ph3 win in hyperlipidemia, advancing toward regulatory submission
Small molecule, cardiovascular, PCSK9 inhibitor, hyperlipidemia, oral delivery, cholesterol-lowering - Read more

Ionis' Tryngolza hits Ph3 goals for severe hypertriglyceridemia, shows reduction in triglycerides and pancreatitis episodes
Antisense oligonucleotide, metabolic, lipid-lowering, hypertriglyceridemia, pancreatitis - Read more

THE GOOD
Company Launches

Corsera Health launches with $50M to advance RNAi cardiovascular drug, AI prediction platform, aiming for once-yearly preventative therapy
Read more

THE GOOD
Fundraises

CHARM Therapeutics raises $80M Series B, developing AI-designed menin inhibitor for AML
Oncology, AI/ML platform, small molecule, AML, drug discovery, preclinical - Read more

THE GOOD
Investments

Amgen commits $600M to build advanced R&D facility in California, creating hundreds of jobs
Biotechnology, infrastructure investment, operational, strategic, financial - Read more

THE GOOD
Mergers & Acquisitions

SeqOne acquires Congenica, creating world's largest clinical genomics software company to accelerate rare disease diagnosis
Genomic analysis software, rare disease, oncology, strategic acquisition, digital health - Read more

THE GOOD
Strategic Plans

Editas nominates EDIT-401 as lead candidate for high cholesterol gene editing therapy, aiming for 90% LDL reduction
Gene editing, cardiovascular, strategic, pipeline development, financial - Read more

❌ The Bad News

THE BAD
Clinical Trials

Zymeworks discontinues Ph1 mesothelin T-cell engager ZW171 for ovarian and non-small cell lung cancers
Antibody, cancer, T-cell engager, non-small cell lung cancer, immunotherapy, mesothelin target - Read more

Eli Lilly terminates two Ph2 trials of naperiglipron (GLP-1 agonist) for obesity, continues third mid-stage study
Small molecule, metabolic, GLP-1 receptor agonist, obesity, type 2 diabetes, weight loss - Read more

THE BAD
Layoffs

Novartis cutting 58 medical affairs jobs in New Jersey amid ongoing efficiency restructuring
Operational, cost reduction, cardiovascular, oncology, strategic restructuring - Read more

👹 The Ugly News 👹

THE UGLY
Politics & Policy

HHS removes outspoken vaccine expert Paul Offit from FDA advisory committee amid Kennedy's leadership controversies
Vaccine policy, infectious disease, regulatory, political, operational - Read more

You’re all caught up on the latest Pharma & Biotech News!

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