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Profluent raises $106M — AI protein design draws Bezos, Altimeter
AI protein design company Profluent closed a $106 million financing led by Altimeter Capital and Bezos Expeditions to expand large‑scale models for protein design and commercialize bespoke...
Function Health raises $298M — retail lab testing scales to $2.5B valuation
Function Health closed a $298 million Series B led by Redpoint Ventures, valuing the company at $2.5 billion. The Austin‑based lab testing and imaging subscription startup offers consumers access...
Congressional push for a Biopharma Manufacturing Center of Excellence — bipartisan bill filed
A bipartisan group of senators and representatives introduced legislation to establish a National Biopharmaceutical Manufacturing Center of Excellence (COE) to accelerate domestic biomanufacturing...
Administration unrest clouds vaccines: industry alarm over policy shifts
Companies warned that proposals under the Trump administration and statements by Health Secretary Robert F. Kennedy Jr. could force major changes to vaccine formulations and schedules. Reporting...
J&J spends $3.05B to buy Halda – expands precision oncology bets
Johnson & Johnson agreed to acquire Halda Therapeutics for $3.05 billion in cash to add Halda’s precision oncology assets to its pipeline. The deal centers on HLD-0915, a clinical-stage prostate...
Merck buys Cidara for $9.2B – targets long-acting, strain-agnostic flu shot
Merck agreed to acquire Cidara Therapeutics for $9.2 billion to secure CD388, a long-acting, strain-agnostic influenza antiviral in Phase III. CD388 combines a neuraminidase-targeting small...
Abbott talks to buy Exact Sciences... takeover chatter lifts Exact stock
Bloomberg reported Abbott Laboratories is in talks to acquire cancer-testing firm Exact Sciences, a move that sent Exact’s shares sharply higher. Exact manufactures the stool-based colorectal...
Roche buys global rights to Freenome tests – $75M equity, $200M+ pact
Roche and Freenome struck a multi-year collaboration giving Roche exclusive ex‑US commercialization and kit‑development rights for Freenome’s blood-based cancer screening tests, alongside a $75...
Arrowhead’s RNAi wins FDA clearance – pricing pressures start
Arrowhead Pharmaceuticals secured FDA approval for its RNAi therapy plozasiran (Redemplo) for familial chylomicronemia syndrome, marking the company’s transition to a commercial-stage biopharma....
Tessera to start first human gene‑writing trial next month – rare disease target
Tessera Therapeutics confirmed it will commence the first human trial of its in vivo gene writing platform next month, testing the approach in adults with a rare genetic disease (alpha‑related...
Oncolytics and FDA align on pivotal pelareorep study – mPDAC trial moves forward
Oncolytics Biotech announced alignment with the FDA on the pivotal Phase III trial design of pelareorep combined with standard‑of‑care therapy for first‑line metastatic pancreatic ductal...
Profluent raises $106M to scale AI protein design – Bezos Expeditions joins
Profluent closed a $106 million financing round led by Altimeter Capital and Bezos Expeditions to scale large AI models for protein design across therapeutics, agriculture, and biomanufacturing....
Function Health bags $298M Series B – $2.5B valuation for consumer labs
Function Health raised $298 million in a Series B led by Redpoint Ventures, pushing its valuation to about $2.5 billion. The consumer lab‑testing company plans to expand its direct‑to‑consumer...
GSK pays $50M upfront to LTZ to develop myeloid cell engagers – oncology push
GSK entered a collaboration with LTZ Therapeutics to develop up to four myeloid cell engager candidates using LTZ’s immune‑engager platform, paying $50 million upfront. The partnership targets...
Arrowhead RNAi approval: Price war with Ionis begins
Arrowhead Pharmaceuticals secured U.S. regulatory approval for plozasiran (Redemplo) to treat familial chylomicronemia syndrome, and immediately positioned the drug at a markedly lower list price...
J&J shells out $3B for Halda: Precision oncology bet deepens
Johnson & Johnson agreed to acquire Halda Therapeutics for roughly $3.05 billion in cash to add Halda’s RIPTAC-based precision oncology portfolio, including a clinical-stage prostate cancer...
Roche’s oral SERD clears adjuvant test: Giredestrant scores again
Roche reported positive Phase 3 data for its oral selective estrogen receptor degrader (SERD), giredestrant, showing a statistically significant improvement in invasive disease-free survival in...
Merck buys Cidara for $9.2B: Push into long-acting influenza prevention
Merck agreed to acquire Cidara Therapeutics for $9.2 billion to add CD388, a long-acting, strain-agnostic antiviral designed for influenza prevention in high-risk populations. CD388 combines a...
Merck’s HIV push: Islatravir two-drug combo meets Phase 3 goal
Merck reported that its once-daily two-drug islatravir combination was non-inferior to a three-drug regimen in a Phase 3 study, marking another clinical success in the company’s effort to expand...
Profluent raises $106M: AI proteins scale toward therapeutics
Profluent closed a $106 million financing led by Altimeter Capital and Bezos Expeditions to expand its large‑scale AI models for protein design and commercialize across therapeutics, agriculture...