The Latest

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    Deep Dive // Emerging biotech

    Biotech startups are built on venture capital. Track funding rounds here.

    So far in 2026, RA Capital and OrbiMed again rank as the most active investors tracked by BioPharma Dive. But multiple corporate venture arms are in the top 10 this year as well.

    Updated Aug. 13, 2026
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    Regeneron to challenge Ipsen as FDA clears bone disease drug

    Pasatru’s approval sets up a market battle in a rare indication where the only available treatment has generated disappointing sales.

    FDA
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    Moderna and Merck cancer vaccine returns ‘landmark’ result in melanoma

    At an interim data check, investigators of a key trial found the individualized mRNA treatment kept disease from returning and stopped its spread, sparking a surge in Moderna shares.

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    Amylyx’s bet on a GLP-1 blocker pays off

    A late-stage trial found the drug, which Amylyx bought for cheap in a bankruptcy auction, was effective at regulating blood sugar in patients who’d just undergone bariatric surgery.

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    Deep Dive

    Biotech M&A is accelerating. Track the deals that are happening here.

    BioMarin’s planned purchase of Alesta Therapeutics brings the tally of bigger-ticket acquisitions of rare disease drugmakers to half a dozen this year.

    Updated Aug. 10, 2026
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    Vaccines

    FDA nod is just the first hurdle for Moderna’s potential blockbuster flu vax

    Strain selection timing and mRNA skepticism could limit the impact of Moderna’s game-changing mRNA flu shot.

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    BioMarin acquires experimental drug for rare bone disorder in $275M deal

    The Alesta buyout helps restock BioMarin's pipeline with an asset it says could “reach our largest addressable patient population,” joining other muscle and skeletal disease treatments in development.

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    AstraZeneca scraps Phase 3 trial of new bispecific in lung cancer

    An interim data check revealed that survival goals were likely to be missed by volrustomig, one in a list of new drugs the U.K. company is leaning on to meet an $80 billion sales goal.

  • As pharma manufacturing investment skyrockets, investments have poured into regional biotech hubs eager from NY to Kansas City
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    Biotech initiatives pick up as more regions race to become hubs

    New government funding from Pennsylvania to Kansas City is strengthening biotech hubs — but experts say money alone won’t determine where pharma builds next.

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    Leo Pharma buys rare skin disease drug in $435M deal

    Tanabe Pharma has already asked the FDA to approve the medicine for two conditions that cause severe reactions to sunlight.

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    Deep Dive // IPO window

    Biotech IPOs are the industry’s lifeblood. Track how they’re performing.

    Drug startups have banked $6 billion in IPOs so far in 2026, more than the combined amount raised by this point in the previous four years.

    Updated Aug. 7, 2026
  • Formation Bio has tapped Biogen and Pfizer vet Mike Ehlers to be its new R&D chief
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    Profile

    Formation Bio taps Biogen, Pfizer alum to tackle R&D’s ‘boring middle’

    Michael Ehlers bets AI can ease the clinical-development bottleneck — but scaling Formation Bio’s pipeline will also require human judgment.

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    News roundup

    AstraZeneca scores in lung cancer; Sandoz inks a China deal

    A combination of AstraZeneca’s Tagrisso and Hutchmed’s Orpathys extended survival for some lung cancer patients. Elsewhere, MapLight floated the idea of partnering on its autism drug.

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    EyePoint plummets on pivotal data for main drug

    Though its drug missed the key goal of a wet AMD study, EyePoint — as well as analysts — see a path toward approval. Investors may be harder to win over, however.

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    Argenx jumps on Phase 3 data for blockbuster Vyvgart

    The latest results give investors confidence in the drug's ability to be approved in another indication for which there are no approved treatments. 

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    Slate, Fulcrum to combine in reverse merger

    Fulcrum announced in June it would seek strategic alternatives after U.S. regulators expressed concern over the viability of its sickle cell drug.

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    Bristol Myers wins ‘milestone’ FDA approval of myeloma drug acquired from Celgene

    The clearance of Zenbexus is the first for a group of protein-degrading “CELMoD” medicines that could help Bristol Myers rejuvenate a key drug franchise.

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    News roundup

    Capricor shares spike on CEO comments; Cytokinetics sues Bristol Myers

    The FDA is “willing to review” an updated submission for Capricor’s Duchenne cell therapy, its CEO said. Elsewhere, a heart drug battle spilled into court and Rigel priced the first “Protac” medicine.

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    China competition

    Drugs from China are reshaping biotech. Track the licensing deals here.

    A new BioPharma Dive analysis shows that, in 2026, drugmakers are paying considerably more for rights to China-based medicines than they were last year.

    Updated Aug. 14, 2026
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    New Taiho, Cullinan data heats up lung cancer drug battle

    The findings position their drug, zipalertinib, as a threat to multiple approved medicines — while setting a bar for others in testing.

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    Obesity drugs

    Lilly files six lawsuits in bid to shut down ‘black market’ for retatrutide

    Ahead of an approval filing, the drugmaker is amping up a fight against sellers who claim to offer versions of its highly anticipated “triple-G” weight loss medicine.

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    PTC takes a chance on Sangamo’s Fabry disease gene therapy

    Wall Street analysts view the deal as a risky, high-reward bet on a treatment that’s nearing a possible regulatory approval and could be superior to existing medications.

  • A stylized illustration of a "patent thicket" for Jonathan Gardner's Nov. 1 story on Amgen's Enbrel.
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    Deep Dive // Patent thickets

    Drug patents protect pharma profits. Track when they’ll expire.

    BioPharma Dive has refreshed its annual list of the expected patent expirations for the world’s best-selling medicines. Many of the top 10 will lose exclusivity this decade.

    Updated Aug. 4, 2026
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    Brain drug revival

    Psychedelics developer Definium scores more positive data for LSD pill

    Results from a late-stage study focused on generalized anxiety disorder were a “clean win” to analysts, who believe Definium has a drug with multibillion-dollar sales potential.

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    Immune reset

    Boulevard starts up with $65M to pursue targeted autoimmune drugs

    Co-founded by pioneering researcher Georg Schett and ex-Sanofi CSO Frank Nestle, the startup is advancing a trio of multifaceted antibodies with the potential to treat several immune diseases.