Get the Daily Brief
Latest Biotech News
Contineum’s PIPE‑307 misses Phase II vision endpoints — shares tumble
Contineum Therapeutics reported topline results from its Phase II VISTA trial of PIPE‑307, an M1 receptor antagonist developed with Janssen, and the study failed to meet its primary and secondary...
Hepta publishes cfDNA methylation proof‑of‑concept for liver disease
Hepta released proof‑of‑concept data indicating cell‑free DNA methylation signatures in plasma reflect liver biology, including fibrosis and cell‑type composition, based on an atlas assembled with...
Cassidy Bio raises $8M seed to scale AI platform for gene‑editing design
Tel Aviv‑based Cassidy Bio closed an $8 million seed round led by Ahren Innovation Capital to develop an AI platform that predicts optimal combinations of guide RNAs, editing enzymes and delivery...
Aspen closes $115M Series C to advance personalized Parkinson’s cell therapy
Aspen Neuroscience secured $115 million in Series C financing to support its autologous cell therapy program for Parkinson’s disease, expand manufacturing capacity and progress an ongoing clinical...
Abbott to buy Exact Sciences: $105-a-share deal reshapes cancer-diagnostics market
Abbott announced a definitive agreement to acquire Exact Sciences for $105 per share, a transaction valued at roughly $21 billion in equity and about $23 billion on an enterprise basis in some...
FDA clears Bayer’s Hyrnuo: new HER2 therapy and companion test land
The U.S. Food and Drug Administration approved Bayer’s oral HER2‑directed drug Hyrnuo (sevabertinib) for adults with locally advanced or metastatic non‑squamous NSCLC harboring activating HER2...
Pfizer’s mRNA flu shot... Phase 3 shows 34.5% efficacy advantage
Pfizer released full Phase 3 data showing its experimental mRNA influenza vaccine candidate delivered a 34.5% greater protective efficacy than a standard control vaccine in the trial cohort. The...
Novartis builds flagship US hub: North Carolina chosen for end‑to‑end manufacturing
Novartis announced plans to build a flagship manufacturing hub across its North Carolina sites, adding new biologics, sterile packaging and solid‑dose facilities in Durham and Morrisville. The...
FDA hires 1,000+ and pilots email clarifications to speed drug reviews
The FDA announced plans to add more than 1,000 staffers and launched a pilot communications program that allows sponsors to submit one brief email clarification to Office of New Drugs review staff...
Lilly hits $1 trillion: obesity drugs drive pharma’s first trillion‑dollar market cap
Eli Lilly briefly became the first pharmaceutical company to reach a $1 trillion market capitalization, a milestone driven by blockbuster growth in its obesity and diabetes portfolio. The intraday...
Big pharma shifts: Novo and Lilly sell obesity drugs directly to employers — Waltz Health launches program
Novo Nordisk and Eli Lilly are setting up direct contracting channels with self‑insured employers to offer high‑cost obesity medications, bypassing some traditional distribution and PBM pathways....
CDC vaccine guidance reversal... public trust shaken as uptake falls
The Centers for Disease Control and Prevention quietly revised language on a vaccine safety web page to state that the claim 'vaccines do not cause autism' cannot be ruled as evidence‑based, a...
Ocean Diagnostics’ rapid sepsis test... pilot matched cultures and eyes FDA path
France‑based Ocean Diagnostics reported that a one‑year pilot study at Bordeaux University Hospital showed its rapid sepsis identification test matched all bloodstream infections detected by...
Cassidy Bio raises $8M seed... AI platform for designing gene‑editing therapies
Tel Aviv‑based Cassidy Bio closed an $8 million seed round led by Ahren Innovation Capital to develop an AI platform that predicts optimal combinations of guide RNAs, editing enzymes and delivery...
Abbott buys Exact Sciences: $21 billion leap into cancer diagnostics
Abbott announced a definitive agreement to acquire Exact Sciences for approximately $21 billion in cash, expanding Abbott’s diagnostics footprint into cancer screening and precision oncology....
Bayer’s HER2 drug gets FDA nod — Thermo Fisher supplies companion test
The FDA granted accelerated approval to Bayer’s oral HER2-directed therapy Hyrnuo (sevabertinib) for adults with locally advanced or metastatic non-small-cell lung cancer bearing activating HER2...
Function Health hits unicorn valuation: $298M Series B
Function Health raised $298 million in a Series B led by Redpoint Ventures, valuing the lab-testing startup at roughly $2.5 billion. The company sells subscription-based access to over 160 lab...
Tessera starts first-in-human gene-writing trial next month
Tessera Therapeutics confirmed it will begin the first human trial of its in vivo gene‑writing platform, testing an approach intended to install permanent genetic changes without double-strand...
Contineum’s J&J-backed MS candidate flops in Phase 2
Contineum Therapeutics reported topline results from its Phase 2 VISTA trial of PIPE‑307, an M1 receptor antagonist developed in partnership with Johnson & Johnson, and the study missed its...
Anaptys sues GSK unit — board greenlights $100M buyback
AnaptysBio filed a verified complaint in Delaware Chancery Court claiming Tesaro (a GSK subsidiary) materially breached a 2014 collaboration and exclusive license agreement related to Jemperli and...