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Regulatory approvals – rare disease (Hunter syndrome)
The FDA granted accelerated approval to Denali Therapeutics’ Hunter syndrome treatment Avlayah (tividenofusp alfa), marking a notable shift in the rare-disease review environment after multiple...
Regulatory approvals – ovarian cancer (Corcept)
The FDA approved Corcept Therapeutics’ Lifyorli (relacorilant) for ovarian cancer months ahead of schedule in combination with nab-paclitaxel. The approval covers adults with platinum-resistant...
M&A – Merck buys Terns for CML asset
Merck agreed to acquire Terns Pharmaceuticals in an all-cash deal valued at about $6.7 billion, bringing the CML candidate TERN-701 into Merck’s oncology portfolio. The transaction is expected to...
Late-stage/clinical development – diabetic retinopathy (Kodiak)
Kodiak Sciences reported positive phase III Glow2 (tarcocimab tedromer), setting up an accelerated multi-indication BLA path for the newly branded Zenkuda in diabetic retinopathy. The topline...
Clinical development – oral peptide pipeline financing (Pinnacle)
Pinnacle Medicines raised $89 million in a series B to advance its oral peptide programs, including next steps across its chemistry and clinical pipeline. The round brings Pinnacle’s total capital...
Manufacturing expansion – UCB’s new U.S. biologics plant
UCB selected Gwinnett County, Georgia for a new 460,000-square-foot biologics manufacturing facility expected to cost around $2 billion. The site is designed to use a digital-first approach...
FDA approval – gene therapy (LAD-1)
The FDA approved Rocket Pharma’s gene therapy Kresladi for severe leukocyte adhesion deficiency type 1 (LAD-1), a highly ultra-rare disorder that exposes children to life-threatening infections....
Company funding – intracellular pan-cancer delivery (Idel)
Idel Therapeutics closed a €9 million seed round (about $10.4 million) to develop an intracellular delivery technology aimed at getting cytotoxic drugs into the cytosol of tumor cells. The company...
Diagnostics regulation – CE-IVDR for B-cell clonality testing (Invivoscribe)
Invivoscribe obtained CE-IVDR certification for its IdentiClone Dx IGH assay, a test intended to detect immunoglobulin heavy chain (IGH) gene rearrangements in patients with suspected B-cell...
Clinical development setbacks – Wave obesity trial disappoints
Wave Life Sciences’ obesity program hit investor disappointment after the company reported a roughly 1% body-weight reduction over six months in its Inlight phase I follow-up. Shares fell sharply...
FDA fast-tracks rare disease therapies
The FDA cleared Denali Therapeutics’ Hunter syndrome drug Avlayah (tividenofusp alfa) under an accelerated approval pathway, reversing recent scrutiny and rejection patterns for rare disease...
Merck’s $6.7B Terns acquisition reshapes CML strategy
Merck agreed to acquire Terns Pharmaceuticals in an all-cash $6.7 billion deal, valuing Terns at about $53 per share. The transaction centers on TERN-701, an oral allosteric BCR::ABL tyrosine...
Ocular biotech Kodiak’s Glow2 sets up accelerated BLA
Kodiak Sciences reported positive Phase 3 top-line results from Glow2 for tarcocimab tedromer in diabetic retinopathy, shifting investor expectations after prior setbacks. The company said the...
Wave Life Sciences stumbles after obesity Phase 1 readout
Wave Life Sciences disclosed Phase 1 data from its first-in-human Inlight trial of WVE-007, an INHBE GalNAc-siRNA candidate for obesity, and the market reacted sharply. Investors pulled back after...
APOL1 kidney disease bet faces choppy reaction
Maze Therapeutics disclosed topline Phase 2 results for MZE829, an oral APOL1 inhibitor targeting APOL1-mediated kidney disease and related patient subgroups. The company reported a clinically...
Novo–United Biotechnology triple incretin raises competitive heat in China
Novo Nordisk and United Biotechnology reported additional Phase 2 results for a China-developed next-generation triple incretin therapy, UBT-251. The companies said the regimen outperformed...
Pinnacle Medicines raises $89M for oral peptide pipeline
Pinnacle Medicines secured an $89 million Series B co-led by LAV and Foresite Capital to advance its oral peptide programs. The funding brings Pinnacle’s total capital raised to $134 million and...
Korea dealmaking points to active BD in platforms and oncology
Biotech deal activity in South Korea highlighted renewed momentum across platforms and oncology assets. Alteogen signed a potential $579 million license deal with Biogen, while Celltrion boosted...
Regulatory pushback: Novartis hit with data-sharing class action
Novartis faces a class-action lawsuit alleging it used tracking tools on consumer-facing branded drug websites to share sensitive patient information without consent. The complaint was filed in...
Cerebro-immune linkage found in anti-NMDA receptor encephalitis
Cold Spring Harbor Laboratory researchers reported a mechanistic link between cancer immune responses and autoimmune brain disease in Nature. Their findings focus on ectopic NMDAR expression in...