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Latest Biotech News

Eikon eyes IPO: $1B-plus private backing and multiple clinical assets

January 12, 2026

Eikon Therapeutics, a protein-dynamics drug developer founded by former Merck executives, signaled plans to go public and to use proceeds to fund a clutch of oncology and neuroscience programs....

Teva secures up to $500M from Royalty Pharma for vitiligo program

January 12, 2026

Teva Pharmaceuticals agreed a financing arrangement with Royalty Pharma that could provide up to $500 million to support development of TEV-‘408, an anti–IL‑15 antibody being tested for vitiligo....

Tempus posts strong Q4: preliminary revenue jumps 83% on testing growth

January 12, 2026

Tempus reported preliminary fourth-quarter revenue of approximately $367 million, an 83% year-over-year increase driven by diagnostics volume growth in oncology and hereditary disease testing. The...

Guardant Health Q4 revenue climbs 39% as screening and oncology volumes rise

January 12, 2026

Guardant Health reported preliminary fourth-quarter revenue of roughly $280 million, a 39% increase year over year driven by higher volumes in oncology testing and rapid uptake of its Shield...

Parabilis closes $305M Series F: Rare-tumor drug moves toward Phase III

January 12, 2026

Parabilis Medicines closed a $305 million Series F financing led by RA Capital, Fidelity Management & Research, and Janus Henderson to advance zolucatetide (FOG-001) into Phase III for desmoid...

Eikon eyes IPO: Billion-dollar private backing, interim melanoma readout expected

January 12, 2026

Eikon Therapeutics outlined plans to go public after raising more than $1 billion in private funding since 2019 and building a drug portfolio from dealmaking and its protein-motion platform. Run...

Mirador raises $250M: Company positions itself as immunology contender, eyes IPO

January 12, 2026

Mirador Therapeutics closed a $250 million Series B to scale development of precision medicines for immune diseases and signaled consideration of an IPO later this year. The company told Endpoints...

Tempus posts massive Q4: Diagnostics fuels 83% revenue jump

January 12, 2026

Tempus reported preliminary fourth‑quarter revenue of roughly $367 million, an 83% increase year‑over‑year, citing testing growth as the primary driver and topping Wall Street estimates. The...

Guardant Health surges: Screening and oncology tests lift Q4 revenue 39%

January 12, 2026

Guardant Health reported preliminary Q4 revenue of about $280 million, a 39% year‑over‑year increase that beat estimates, driven by higher volumes in both oncology and screening tests. The company...

Veracyte posts double‑digit growth — guides to further 2026 revenue gains

January 12, 2026

Veracyte reported preliminary Q4 revenue between $138 million and $140 million (16–18% growth) and full‑year 2025 revenue of $515–517 million, driven by testing volume gains. The diagnostic firm...

10x Genomics: consumables buoy results as instrument sales decline

January 12, 2026

10x Genomics said preliminary Q4 revenue of $166 million — ahead of consensus — with consumables revenue rising about 6% to approximately $141.7 million while instrument revenue declined sharply...

Castle Biosciences tops guidance: Test‑report growth lifts full‑year revenue

January 12, 2026

Castle Biosciences expects preliminary full‑year 2025 revenue of $340 million, above prior guidance and consensus, driven by a 37% year‑over‑year increase in test reports. The company delivered...

Xella Health closes $3.7M pre‑seed — multiomic women's platform readies for launch

January 12, 2026

Xella Health raised $3.7 million in a pre‑seed round led by Precursor Ventures to develop a multiomic women's precision health and diagnostics platform combining at‑home sample collection...

SBIR/STTR funding lapses: Federal non‑dilutive pipeline goes dark

January 12, 2026

The NIH announced that the federal SBIR and STTR programs expired effective immediately, halting non‑dilutive seed funding across agencies including HHS, Agriculture, Commerce, Energy and Defense....

Eikon eyes IPO — Merck vets lead $1B drug push

January 12, 2026

Eikon Therapeutics filed for an initial public offering after raising more than $1 billion in private capital since 2019. The company, founded and led by former Merck executives including...

Mirador raises $250M — plots immunology scale-up

January 12, 2026

Mirador Therapeutics closed a $250 million Series B to accelerate development of precision medicines for immune diseases and signaled plans to consider an IPO later this year. The financing...

DrugCLIP: AI screens millions of compounds in hours

January 12, 2026

Researchers in China unveiled DrugCLIP, an AI framework that the team says can screen millions of candidate compounds against thousands of protein targets in just hours—described as...

Anthropic follows OpenAI into healthcare — rivals diverge on platform strategy

January 12, 2026

Anthropic has moved into healthcare product offerings, mirroring OpenAI’s push but taking a different product architecture: Anthropic is blending enterprise and consumer tools into a single...

SBIR/STTR lifeline goes dark: NIH halts small‑business grants

January 12, 2026

The NIH issued a notice that the SBIR and STTR programs have expired "effective immediately," pausing a major federal source of non-dilutive seed funding for life‑science startups. The lapse...

FDA asks for more data — Stoke's zorevunersen fast‑path request stalled

January 12, 2026

Stoke Therapeutics reported that the FDA declined to agree to an accelerated filing for zorevunersen, its experimental treatment for Dravet syndrome, after a December meeting. Regulators did not...