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Latest Biotech News

FDA Reopens Tavneos Review — Amgen Refuses Market Withdrawal

February 06, 2026

The FDA revisited years-old data issues around Tavneos (avacopan) and asked Amgen to consider withdrawing the drug; Amgen pushed back and said it is unwilling to pull the product from the market....

AI Drives New Biotech Startups — Latent Labs and Phylo Raise Stakes

February 06, 2026

Two AI-native ventures signaled momentum: Latent Labs, founded by former DeepMind team members, emerged with a platform to design drug-like biologics for difficult targets; Phylo raised $13.5...

EU Funds Personalized Cancer Medicine Project; UK Builds Cancer AI Datasets

February 06, 2026

The Joint Action on Personalized Cancer Medicine (JA PCM) launched with €25.3 million from the EU to expand equitable access to personalized prevention, early detection and treatment across 29...

Biotech IPO Wave Continues — Agomab, SpyGlass and Veradermics Raise Cash

February 06, 2026

This week’s flurry of IPOs continued as Agomab Therapeutics and SpyGlass Pharma raised a combined $350 million in separate offerings, and Veradermics priced a $256 million IPO for its oral...

IPO wave returns: Agomab, SpyGlass and Eikon lead a $631m biotech surge

February 06, 2026

Two European and multiple US biotechs priced sizeable offerings this week, reviving investor interest in drug-company IPOs. Belgium-based Agomab and ocular-therapy developer SpyGlass together...

Generate files for market: Flagship’s AI drug shop moves toward an IPO

February 06, 2026

Generate:Biomedicines, the Flagship Pioneering-backed antibody and programmable-biology company, filed for an IPO as it advances phase 3 programs and AI-designed antibody candidates. The filing...

Hims launches Wegovy knockoff: Novo threatens suit, legal case shows cracks

February 06, 2026

Telehealth provider Hims & Hers announced it will sell a compounded version of Novo Nordisk’s recently approved Wegovy pill, triggering a public clash with Novo and raising immediate legal and...

TrumpRx rollout: White House unveils consumer drug-price hub

February 06, 2026

The White House announced plans to launch TrumpRx, a direct-to-consumer pricing portal built on GoodRx technology to display cash prices for selected medicines and steer patients to purchase...

Bayer links asundexian to 26% stroke cut – competitor race widens

February 06, 2026

Bayer reported that asundexian, its factor XIa inhibitor, reduced recurrent ischemic stroke by 26% in a large Phase 3 trial, data the company says arrived without accompanying safety concerns....

FDA safety alert: DPYD update covers Xeloda and 5‑FU

February 06, 2026

The FDA issued a safety communication expanding DPYD-related labeling to encompass both capecitabine (Xeloda) and intravenous 5‑fluorouracil (5‑FU), urging clinicians to assess dihydropyrimidine...

BARDA launches $100m prize to accelerate broad‑spectrum antivirals

February 06, 2026

BARDA announced the first stage of a $100 million prize competition aimed at spurring development of broad‑spectrum small‑molecule antivirals targeting Togaviridae and Flaviviridae families. The...

VC momentum: Santé closes $330m fund; Phylo raises $13.5m seed

February 06, 2026

Two financing moves signal continuing venture activity in biotech and bio‑AI: Santé Ventures closed a $330 million Fund V to back early‑stage biotech, medtech and digital health companies, while...

Rare pediatric PRV reauthorized: industry wins reprieve through 2029

February 06, 2026

Congress included reauthorization of the Pediatric Priority Review Voucher (PPRV) program in a government funding bill, extending the incentive through 2029. The move restores a policy tool that...

China tightens drug rules: lifecycle accountability moves to center stage

February 06, 2026

China’s State Council updated the Drug Administration Law to enforce lifecycle accountability across drug development and commercialization, signaling stricter oversight and longer regulatory...

Hims launches compounded Wegovy pill — Novo threatens court fight

February 05, 2026

Hims & Hers began selling a compounded oral version of Novo Nordisk’s newly approved Wegovy pill, prompting immediate legal threats from Novo. The telehealth company framed the product as an...

TrumpRx goes live: White House debuts direct-to-consumer drug hub

February 05, 2026

The White House announced the launch of TrumpRx, a direct-to-consumer drug-pricing hub intended to display cash prices and direct patients to purchase options. The site, confirmed by White House...

Bayer links asundexian to 26% stroke reduction — rivals scramble

February 05, 2026

Bayer disclosed Phase 3 data showing its factor XIa inhibitor asundexian cut recurrent ischemic strokes by 26% without new safety signals, a finding presented at the International Stroke...

Eikon upsizes IPO to $381M — biggest biotech float since 2024

February 05, 2026

Eikon Therapeutics priced an upsized Nasdaq IPO that raised $381 million to fund clinical development of oncology programs, marking the largest biotech IPO since 2024. The company plans to...

Generate:Biomedicines files S‑1 — Flagship’s AI antibody play eyes public market

February 05, 2026

Generate:Biomedicines, the Flagship Pioneering-founded AI-enabled antibody company, filed for an IPO to fund late-stage development of engineered protein therapeutics including GB-0895 and...

Lilly surges — Novo warns of 2026 sales decline amid GLP‑1 price shifts

February 05, 2026

Eli Lilly reported stronger-than-expected results and a bullish 2026 outlook, while Novo Nordisk warned of a 5–13% sales decline next year amid pricing concessions from U.S. deals and rising...