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Seizure cell therapy deal
UCB will buy Neurona in a deal valued at up to $1.2 billion, positioning the Belgian pharma to broaden beyond its small-molecule epilepsy portfolio with a potentially one-off cell therapy. The...
Pancreatic cancer Phase 3 readout
Revolution Medicines reported a landmark survival benefit for its investigational RAS-targeting drug daraxonrasib (RMC-6236) in a global Phase 3 trial in metastatic pancreatic ductal...
DMD gene therapy Phase 3 expansion for Europe
Roche said it will launch a new global Phase 3 trial for the Duchenne muscular dystrophy gene therapy Elevidys after Europe’s main regulator delivered a negative opinion. The company aims to...
Biotech IPO pipeline
Kailera Therapeutics priced an upsized U.S. IPO to raise about $625 million, setting a new benchmark for biotech listings. The obesity-focused company’s offering supports global development across...
Molecular glue clinical expansion financing
Neomorph secured a $100 million Series B financing to advance NEO-811, an oral molecular glue degrader designed to induce targeted degradation of ARNT (HIF-1β). The company plans to use the...
Cell therapy and gene therapy platform funding
Storm Therapeutics raised $56 million in a Series C financing to support Phase II development of STC-15, an RNA enzyme inhibitor targeting METTL3. The company said it has enrolled the first...
Diagnostics: MRD platform acquisition
Roche subsidiary Foundation Medicine agreed to acquire Saga Diagnostics for up to $595 million, aiming to expand its oncology diagnostics portfolio in molecular residual disease (MRD). The deal...
Diagnostics: extraction-free PCR for point-of-care
Transformative Biotech unveiled extraction-free PCR chemistry designed to remove a key bottleneck in molecular testing workflows, targeting faster and cheaper infectious disease diagnostics. The...
Autoimmune drug development via in-licensed portfolio
Beeline Medicines launched with a portfolio of five programs licensed from Bristol Myers Squibb, supported by a $300 million Series A led by Bain Capital. The new company is developing afimetoran,...
U.S. FDA approvals for infection screening and clinical devices
Grifols said the U.S. FDA approved its Procleix Plasmodium assay for screening blood donors for malaria risk. The automated nucleic acid-based test detects ribosomal RNA sequences from multiple...
Obesity therapeutics and GLP-1 momentum
Eli Lilly’s oral obesity drug Foundayo cleared a key cardiovascular safety hurdle in people with type 2 diabetes, meeting a primary non-inferiority objective in a heart outcomes study versus...
Big biotech IPOs in obesity
Kailera Therapeutics raised $625 million in one of biotech’s biggest-ever initial public offerings, topping Moderna’s prior debut record. The Nasdaq offering funds Kailera’s obesity pipeline,...
RAS-targeted pancreatic cancer gains clinical validation
Revolution Medicines reported positive Phase III results for daraxonrasib (RMC-6236), an orally administered RAS-targeting therapy in metastatic pancreatic ductal adenocarcinoma. In the RASolute...
Immune-mediated disease startup launch with BMS-inlicensed portfolio
Beeline Medicines launched with a five-program portfolio in-licensed from Bristol Myers Squibb and backed by a $300 million Series A led by Bain Capital. The company’s lead asset, afimetoran, is a...
Gene therapy commercialization reset in inherited eye disease
MeiraGTx agreed to buy back a failed eye gene therapy from Johnson & Johnson for $25 million upfront, following the therapy’s Phase 3 setback in X-linked retinitis pigmentosa. The transaction...
Nephrology diagnostics and blood donor infectious disease screening
Grifols won FDA approval for its automated malaria risk screening assay used with the Procleix Panther system. The Procleix Plasmodium Assay is a nucleic acid test for Plasmodium species...
Microbial detection and antimicrobial resistance surveillance tools
Takara Bio and Resistomap expanded their partnership to develop high-throughput antimicrobial resistance surveillance products from environmental samples. Their SmartChip Biosecurity Platform...
Molecular diagnostics workflow automation and standardization
Invivoscribe launched PrepQuant, an extraction-free sample preparation system designed to standardize pre-analytical workflows for molecular testing. The platform integrates nucleic acid...
AACR MRD detection advances and ctDNA sensitivity benchmarking
Ultima Genomics’ ppmSeq platform delivered early TRACERx MRD performance data at AACR, highlighting ultra-sensitive ctDNA detection at low single-digit parts per million in plasma samples. The...
Bioelectronics sensing with microbial co-cultures
Rice University researchers unveiled electroactive co-culture sensing (e-COSENS), a modular bioelectrical sensor system designed to convert chemical signals into electricity. The technology uses...