Get the Daily Brief
Latest Biotech News
Testing boom fuels Tempus and Guardant revenue leaps
Tempus reported preliminary Q4 revenue up ~83% year‑over‑year and full‑year 2025 revenue of about $1.27 billion, driven by diagnostics and data licensing deals. Guardant Health said preliminary Q4...
Eikon files for IPO — protein‑movement platform goes public push
Eikon Therapeutics, the high‑profile startup built around protein dynamics technology and led by former Merck executives, filed to go public as it looks to bankroll a clutch of clinical cancer and...
In vivo genome editing: delivery breakthroughs accelerate clinical translation
Researchers and commentators reported new advances in delivering genome editors directly to tissues in living organisms. Doudna and colleagues framed a rational design approach for targeted...
Novartis licenses SciNeuro amyloid program: $165 million upfront
Novartis agreed to license a preclinical amyloid-targeting Alzheimer’s program from SciNeuro with a $165 million upfront payment and a joint early-development plan. The deal gives Novartis rights...
FDA rejects Atara’s EBV cell therapy — regulator stalls approval again
The FDA issued another rejection of Atara Biotherapeutics’ tabelecleucel (tab-cel), a T cell therapy for Epstein-Barr virus (EBV)-related complications after transplantation. The agency’s decision...
Parabilis raises $305M: funds Phase III push for desmoid tumor candidate
Parabilis Medicines closed a $305 million Series F financing led by RA Capital, Fidelity and Janus Henderson to advance zolucatetide (FOG-001) toward Phase III for desmoid tumors. The company said...
Kinaset bags $103M Series B to advance inhaled asthma program
Kinaset Therapeutics secured $103 million in a Series B round to progress its inhaled candidate for asthma toward late-stage testing. The financing comes five years after the company’s initial...
Mirador nets $250M — builds immunology platform and eyes IPO
Mirador Therapeutics closed a $250 million Series B to accelerate its precision-immunology pipeline and signaled plans to consider an IPO later in the year. The financing will support clinical...
Eikon eyes IPO: $1B-plus private backing and multiple clinical assets
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
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
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
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
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
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
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
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%
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
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
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
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...