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ASK Pharm expands China rights: Adlai Nortye licenses pan‑RAS AN‑9025
Adlai Nortye licensed its pan‑RAS(ON) inhibitor AN‑9025 to Jiangsu Aosaikang Pharmaceutical (Ask Pharm) in an exclusive deal that gives Ask Pharm China commercialization rights. The oral small...
Judge blocks 340B rebate pilot: implementation paused ahead of Jan. 1
A federal judge in Maine issued a temporary restraining order halting the Health Resources and Services Administration’s 340B Rebate Model pilot that sought to de‑duplicate discounts for drugs...
Harbour Biomed, Lannacheng tie up on radionuclide‑drug conjugates
Harbour Biomed and Yantai Lannacheng Biotechnology announced a long‑term strategic collaboration to develop next‑generation radionuclide‑drug conjugates for oncology. The partnership combines...
Pipeline attrition and program cuts: Nido wind‑down, Genmab ends bispecific program
Boston‑area startup Nido Biosciences announced it will wind down after Phase II data fell below expectations, while Genmab terminated development of acasunlimab, a bispecific antibody that...
Biotech’s comeback: XBI rallies on M&A, rate relief
Biotech stocks rallied into 2026 as investors priced in renewed M&A activity and a friendlier interest-rate outlook. Exchange-traded fund XBI posted a sharp gain ahead of the JP Morgan Healthcare...
Insilico lands Hong Kong IPO — pivots from AI discovery to SIK inhibitors
Insilico Medicine completed a long-anticipated Hong Kong listing and simultaneously disclosed new internal small-molecule programs. The company raised proceeds after multiple attempts to go...
Obesity deals dominate 2025 — GLP‑1 frenzy reshapes M&A
Deal activity in 2025 centered on obesity therapeutics as GLP‑1 receptor agonists reshaped commercial priorities across biopharma. Companies pursuing complementary mechanisms or delivery formats...
Diagnostics slump: private investment slides while POC wins clearance
Private financing into life‑science tools and diagnostics firms declined materially in H2 2025, with total investment down about 20% year over year, reflecting macro uncertainty and tighter...
FDA greenlights Yartemlea — first approved treatment for TA‑TMA
The U.S. Food and Drug Administration approved Omeros Corp.’s narsoplimab (Yartemlea) for hematopoietic stem cell transplant‑associated thrombotic microangiopathy (TA‑TMA), marking the first...
China acts fast on oncology: domestic CTLA‑4 cleared, FGFR NDA accepted
China’s National Medical Products Administration granted approval to Innovent Biologics’ ipilimumab (Tabosun) in combination with sintilimab for neoadjuvant treatment of resectable...
Clinical blowup: setrusumab Phase III failures wipe out value for Ultragenyx, Mereo
Two late‑stage Phase III trials of setrusumab failed to meet primary endpoints, forcing Ultragenyx and Mereo into a reassessment of their brittle bone disease programs. The readouts triggered...
2025 an inflection for in vivo gene therapies — delivery advances surface
Multiple groups reported progress in in vivo gene‑editing and delivery in 2025, pushing the modality toward broader clinical translation. New strategies addressed tissue targeting, payload...
Cancer pipeline reshuffle: Verastem pivots, Genmab halts bispecific asset
Verastem Oncology terminated an early‑stage trial of its MEK inhibitor Avmapki in lung cancer and said it will refocus resources on a KRAS‑targeting program. Separately, Genmab ended development...
ADCs break out in 2025 — novel platforms and TRBV12 targets emerge
Antibody‑drug conjugates diversified in 2025 as developers introduced new linkers, payloads and conjugation chemistries to expand target space and therapeutic windows. Industry reports catalog an...
Late-stage flop sinks brittle-bone drugmakers — Ultragenyx, Mereo hit
Two late-stage Phase III readouts for setrusumab failed to meet primary endpoints, prompting immediate program and market fallout. Ultragenyx Pharmaceutical Inc. and Mereo BioPharma Group plc...
Genmab ends development of bispecific acasunlimab — program discontinued
Genmab A/S announced it is terminating clinical development of acasunlimab, a bispecific antibody formerly partnered with BioNTech. The Danish developer said it will stop work on the asset after...
China approves Innovent’s ipilimumab combo: neoadjuvant option for MSI‑high colon cancer
China’s National Medical Products Administration approved Innovent Biologics’ Tabosun (ipilimumab N01, IBI-310) in combination with sintilimab as a neoadjuvant treatment for resectable stage...
Diasorin clears path into molecular point‑of‑care — 15‑minute four‑plex wins FDA clearance
The US Food and Drug Administration issued 510(k) clearance and a CLIA waiver for Diasorin’s four‑plex molecular assay on the new LIAISON Nes platform, enabling detection and differentiation of...
Boston biotech Nido Biosciences to wind down after weak Phase II
Nido Biosciences announced it will wind down operations in early 2026 after Phase II data fell short of expectations. The Boston‑area startup said the trial outcomes did not support further...
Pan‑RAS licensing deal sends AN‑9025 rights into China — Adlai Nortye, ASK Pharm transact
Adlai Nortye Ltd. granted Jiangsu Aosaikang Pharmaceutical Co. Ltd. (Ask Pharm) exclusive rights in China to AN‑9025, a pan‑RAS(ON) oral small molecule designed to target multiple RAS mutations...