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GSK bets on siRNA: $40M upfront, near‑$1B milestones from Frontier
GSK struck a deal with China’s Frontier Biotechnologies, paying $40 million up front for two siRNA candidates and agreeing to nearly $1 billion in milestone payments plus tiered royalties....
Gilead deepens synthetic‑lethality push... $1.53B Genhouse license
Gilead Sciences licensed a clinic‑ready MAT2A inhibitor from Suzhou‑based Genhouse Bio in a deal valued at up to $1.53 billion. The program targets synthetic lethality approaches in oncology that...
Madrigal buys six siRNA preclinical programs in $4.4B Ribo pact
Madrigal Pharmaceuticals added a siRNA approach to its NASH/MASH pipeline by acquiring six preclinical siRNA candidates from Ribo Life Science and Ribocure in a deal that could reach $4.4 billion...
Harbour spins out Solstice, outlicenses CTLA‑4 in $1.2B package
Harbour Biomed announced the spin‑out of Solstice Oncology and outlicensed its CTLA‑4 antibody porustobart (HBM‑4003) to the new company in a transaction structured with cash and equity valued at...
BioMarin pulls Roctavian off market after buyer search fails
BioMarin withdrew its hemophilia A gene therapy Roctavian from the market after failing to secure a buyer or partner to shoulder commercial and reimbursement risk. The decision follows public...
FDA grants priority review to Takeda’s oral narcolepsy drug – TAK‑681
The U.S. Food and Drug Administration accepted Takeda’s new drug application for oveporexton (TAK‑681) with priority review, advancing the oral orexin receptor 2 agonist closer to approval for...
Gilead to buy Arcellx: $7.8B takeover for CAR‑T play
Gilead agreed to acquire Arcellx for $7.8 billion in cash plus a contingent payment structure, moving to full ownership of anitocabtagene autoleucel (anito‑cel), a BCMA‑directed CAR‑T therapy for...
Novo’s obesity gambit falters: CagriSema loses to Lilly
Novo Nordisk reported that its next‑generation obesity candidate CagriSema failed to demonstrate non‑inferiority to Eli Lilly’s Zepbound in a head‑to‑head late‑stage trial, producing less weight...
FDA unveils bespoke‑therapy rules: plausible‑mechanism pathway detailed
The U.S. Food and Drug Administration published draft guidance formalizing a ‘plausible mechanism’ framework to accelerate approvals for individualized therapies targeting extremely rare genetic...
GSK expands siRNA footprint: $1B‑plus deal with Frontier Biotech
GSK struck a licensing and option deal with China’s Frontier Biotechnologies, paying $40 million upfront for two siRNA candidates and agreeing to up to $963 million in milestone payments plus...
Generate Biomedicines plots big IPO: cash to fund antibody trials
Flagship Pioneering’s Generate Biomedicines is targeting a large public offering to fund late‑stage development, with reports indicating plans for a Nasdaq IPO that could value the company north...
Guardant buys MetaSight: metabolomics to boost Shield cancer test
Guardant Health agreed to acquire MetaSight Diagnostics for $59 million plus up to $90 million in milestones, adding mass‑spectrometry–based metabolomics and lipidomics to Guardant’s portfolio....
Immedica wins FDA accelerated approval: ARG1‑D therapy revived
Sweden‑based Immedica secured accelerated approval from the FDA for a therapy addressing persistently elevated plasma arginine in ARG1‑D, a rare urea‑cycle disorder. The FDA’s action revives a...
Slate Medicines raises $130M: PACAP migraine program moves West
Slate Medicines closed a $130 million Series A to advance a PACAP‑targeting migraine therapy licensed from Guangzhou‑based DartsBio Pharmaceuticals, seeking to develop a subcutaneous injection...
Turbine closes $25M Series B: Virtual Lab commercial push
Budapest‑based Turbine raised $25 million in a Series B round to accelerate commercialization of its 'Virtual Lab' platform—AI models that simulate cellular behavior for drug discovery and lead...
Abcuro’s KLRG1 antibody flunks pivotal trial – IBM goals missed
Abcuro disclosed that its phase 2/3 trial of ulviprubart, an anti‑KLRG1 antibody for inclusion body myositis (IBM), failed to meet the study’s primary and key secondary endpoints in a 272‑patient...
Gilead bets $7.8B on CAR‑T — Arcellx takeover
Gilead agreed to acquire Arcellx for $7.8 billion to secure full control of anito‑cel, a BCMA‑directed CAR‑T therapy nearing regulatory review. The transaction, announced by Gilead and Arcellx,...
FDA unveils bespoke therapy road map: plausible‑mechanism draft
The U.S. Food and Drug Administration released draft guidance formalizing a 'plausible mechanism' pathway to accelerate individualized and ultrarare therapies that cannot rely on traditional...
Merck splits oncology — reorg ahead of Keytruda cliff
Merck announced an internal reorganization that separates its oncology business into a standalone unit as the company prepares for the anticipated loss of Keytruda exclusivity in 2028. The...
Novo’s CagriSema falls short — Zepbound wins head‑to‑head
Novo Nordisk reported that its investigational combination obesity therapy, CagriSema, failed to show noninferiority to Eli Lilly’s marketed Zepbound in a head‑to‑head Phase 3 study (REDEFINE 4)....