The Latest
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Deep Dive // Emerging biotech
Biotech startups are built on venture capital. Track funding rounds here.
London-based Charm Therapeutics closed a $80 million Series B round this week to fund development of its drug for acute myeloid leukemia. It’s planning to enter the clinic in the first quarter of 2026.
Updated Sept. 2, 2025 -
Emerging biotech
Secretive startup Treeline unveils first clinical candidates, $200M in new funding
The biotech started by Loxo founder Josh Bilenker and former Novartis executive Jeff Engelman has advanced three cancer drugs to Phase 1 trials.
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China competition
Novartis licenses RNA drugs in deal with China-based Argo
The alliance, which could be worth more than $5 billion, is one of a handful of deals Novartis has struck with China-based biotechs in recent years.
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Ionis looks to expand use of lipid-lowering drug after trial hits goal
Tryngolza, the first wholly owned drug Ionis has launched, helped people with high triglyceride levels that aren’t genetically driven.
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Brain drug revival
Novartis thinks Arrowhead brain drug can succeed where others couldn’t
A licensing deal worth at least $200 million will give Novartis access to a preclinical RNA medicine designed to combat diseases like Parkinson’s.
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Trump administration
The Trump administration is remaking HHS. Track the changes here.
HHS is ousting CDC Director Susan Monarez just weeks after her confirmation, although her lawyers say the firing is invalid. Three other top CDC officials resigned in protest.
Updated Aug. 28, 2025 -
News roundup
Amgen to invest $600M in new US center; Sanofi drug for ITP approved
The new "science and innovation center" will be built at Amgen's headquarters in Thousand Oaks, California. Elsewhere, Wayrilz became the first BTK blocker cleared for immune thrombocytopenia.
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Vaccines
CDC panel to discuss COVID, hepatitis B shots in meeting next month
A federal register notice confirmed dates for the anticipated advisory meeting, which will follow an FDA decision to narrow COVID boosters' approval and comes as CDC leadership is in turmoil.
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Novo strikes RNA drug deal with startup Replicate
The agreement provides research funding for Replicate and up to $550M in payments to develop medicines for diseases including obesity and diabetes.
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Lilly says breast cancer drug extended survival in study
Treatment with Verzenio helped people with a common type of early breast cancer liver longer than those given standard hormone therapy.
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Deep Dive
Biotech’s M&A outlook is uncertain. Track the deals that are happening here.
MannKind will pay about $300 million upfront to acquire scPharmaceuticals and its diuretic for chronic kidney disease and heart failure.
Updated Aug. 25, 2025 -
Vaccines
FDA approves updated COVID boosters, but narrows use
While the agency cleared vaccines from Pfizer, Moderna and Novavax broadly in older adults, it restricted eligibility in younger people to those with underlying health conditions.
Updated Aug. 27, 2025 -
News roundup
Amylyx drug comes up short; Sanofi names new CMO
AMX0035 missed the goals of a study in progressive supranuclear palsy. Elsewhere, Novartis and BioArctic struck a deal, and Genentech started building its first East Coast factory.
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Startup Wugen raises $115M for ‘off-the-shelf’ CAR-T
The St. Louis-based biotech hopes to submit an application for its leukemia and lymphoma therapy in 2027, if all goes well in an ongoing trial.
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RNA drug from Regeneron, Alnylam succeeds in rare autoimmune disease trial
Cemdisiran helped control symptoms of generalized myasthenia gravis, but combination treatment with a Regeneron antibody didn't appear as effective.
Updated Aug. 26, 2025 -
Deep Dive // Emerging biotech
Biotech IPOs are the industry’s lifeblood. Track how they’re performing.
Schizophrenia drug developer LB Pharmaceuticals on Friday filed plans for an initial public offering, after a six-month stretch with few substantive biotech offerings.
Updated Aug. 25, 2025 -
Obesity drugs
Lilly to submit obesity pill after hitting goal in third late-stage trial
In people with diabetes and obesity, orforglipron led to weight loss near what people without diabetes experienced in prior testing.
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Why an FDA decision on Stealth’s Barth drug could ripple through the rare disease field
Stealth secured a new agency review of its experimental therapy elamipretide after a rejection this year. The result could carry broader consequences.
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AbbVie wagers more than $1B on Gilgamesh’s psychedelic drug
The asset deal thrusts AbbVie to the forefront of the psychedelic field, handing it a therapy that recently scored positive Phase 2 results in major depression.
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Vaccines
FDA suspends license for Valneva’s chikungunya shot
The agency said it had become aware of more reports of serious adverse events, leading center director Vinay Prasad to conclude the vaccine is no longer safe for its intended use.
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Deep Dive // Patent thickets
Drug patents protect pharma profits. Track when they’ll expire.
This database now covers the 50 best-selling pharmaceutical products and has been updated to reflect current patent expiry expectations.
Updated April 9, 2025 -
Royalty Pharma buys BeOne stake in Amgen lung cancer drug sales
An $885M deal with BeOne Medicine gives the pharma financier rights to a revenue stream from global sales of Imdelltra, which is sold by Amgen.
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FDA’s new accelerated pathway may open pharma up to risks, as well as benefits
Faster review times could leave drugmakers vulnerable to litigation, while new Trump administration priorities add more uncertainty to the approval process.
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News roundup
FDA cancels adcomm on Biohaven drug; Catalent lays off staff
Analysts found the agency's decision to cancel the meeting encouraging. Elsewhere, the Novo Holdings-owned CDMO cut about 350 staff at a gene therapy facility.
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Emerging biotech
Gilead dives into ‘in vivo’ cell therapy with $350M buyout of Interius
The deal gives Gilead ownership of a technology that can genetically modify immune cells inside the body, an approach could that potentially widen access to CAR-T treatment.