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Today's Pharma Pulse

Ona lands $86.6M Series B, one of Spain’s biggest biotech rounds

Spanish biotech firm Ona announced an $86.6 million Series B financing, ranking among the largest venture rounds in Spain’s life‑science sector this year. The round was led by Seventure Partners with participation from existing backers and new strategic investors. The funding will be used to scale Ona’s AI‑driven drug discovery platform and accelerate its pre‑clinical programs.

Investors Overvalue Cagrisema Despite
SocialFeb 23, 2026

Investors Overvalue Cagrisema Despite

Who are the people who thought cagrisema was worth this much for $NVO? I want to find and study them. The cross trial comparison data that we already had clearly showed Cagrisema was worse than $LLY by essentially the...

By Adam May
Accelerating Next Generation Medicine with New Drug Delivery Platform
NewsFeb 23, 2026

Accelerating Next Generation Medicine with New Drug Delivery Platform

Scientists at the University of Nottingham have unveiled a modular materials platform that self‑assembles with RNA to form nanoscale delivery particles. The system uses reversible host‑guest linkages, allowing rapid tuning of stability and behavior for diverse therapeutic needs. In pre‑clinical...

By Phys.org – Nanotechnology
Prime-Edited Therapy Restores Immune Function in Teen
SocialFeb 23, 2026

Prime-Edited Therapy Restores Immune Function in Teen

Below is the story of the first patient treated with a prime-edited therapeutic, developed by @PrimeMedicine in a trial led by Dr. Élie Haddad and his team at CHU Sainte-Justine. This teenager suffered from chronic granulomatous disease (CGD), an immunodeficiency,...

By David Liu
Merck’s Oncology Spin-Out: Organizational Design as Patent Cliff Strategy
BlogFeb 23, 2026

Merck’s Oncology Spin-Out: Organizational Design as Patent Cliff Strategy

Merck has created a standalone oncology business unit to confront the concentration risk posed by Keytruda, which now generates over half of its pharmaceutical sales and faces patent expiry around 2028. The restructuring treats organizational design as a strategic lever...

By Pharmaceutical Executive (independent trade outlet)
STAT+: Bayer Sues J&J over ‘False and Misleading Claims’ About Competing Prostate Cancer Treatments
NewsFeb 23, 2026

STAT+: Bayer Sues J&J over ‘False and Misleading Claims’ About Competing Prostate Cancer Treatments

Pharmaceutical giant Bayer has filed a lawsuit against Johnson & Johnson, accusing the latter of false advertising around its prostate‑cancer drug Erleada. Bayer claims J&J’s February 2 press release and website slides used flawed data to portray Erleada as more effective...

By STAT News — Pharma
Gilead Deal Validates FDA One‑Trial Path, Boosts IMMX
SocialFeb 23, 2026

Gilead Deal Validates FDA One‑Trial Path, Boosts IMMX

$GILD $ACLX $7.8 billion acquisition 68% premium, Ph3 just starting. Validates new FDA policy for a single pivotal trial validated by BLA acceptance. Large pharma moving faster, de-risked. $IMMX thesis and data grows stronger, 95% (CR), same parallel strategy, and clear...

By BowTiedBiotech
How a Sirtuin Protects Against Brain Diseases
BlogFeb 23, 2026

How a Sirtuin Protects Against Brain Diseases

Researchers in Aging Cell reveal that the nuclear sirtuin SIRT6 safeguards brain health by preserving nucleolar integrity and curbing excess protein synthesis. Loss of SIRT6 triggers nucleolar enlargement, heightened rRNA production, and uncontrolled protein translation, leading to protein aggregation and...

By SENS Research Foundation – The SENSible Blog
Merck Reorganizes Human Health Work Into Two New Units
NewsFeb 23, 2026

Merck Reorganizes Human Health Work Into Two New Units

Merck is reorganizing its Human Health division into two distinct units—Oncology and Specialty, Pharma & Infectious Diseases—to sharpen focus as its flagship immuno‑oncology drug Keytruda approaches patent expiry. Jannie Oosthuizen, formerly head of U.S. Human Health, will lead the Oncology...

By BioSpace
The IPO Buzz: Generate Biomedicines (GENB Proposed) Launches $400 Million IPO
BlogFeb 23, 2026

The IPO Buzz: Generate Biomedicines (GENB Proposed) Launches $400 Million IPO

Generate Biomedicines, Inc. (GENB) launched a $400 million IPO on Feb 23, 2026, offering 25 million shares at $15‑$17 each on NASDAQ. At the midpoint price of $16, the company would be valued at roughly $2.04 billion. The proceeds are earmarked for two Phase 3 trials...

By IPO Scoop
FDA Unveils Pathway for Ultra-Rare Disease Therapies
NewsFeb 23, 2026

FDA Unveils Pathway for Ultra-Rare Disease Therapies

The FDA released draft guidance introducing the Plausible Mechanism Framework, a new approval pathway for individualized therapies targeting ultra‑rare diseases. The framework permits sponsors to seek clearance for gene‑editing and RNA‑based treatments when traditional randomized trials are infeasible due to...

By Becker’s Hospital Review
Bringing Quantum Ideas to the Messy World of Disordered Proteins
NewsFeb 23, 2026

Bringing Quantum Ideas to the Messy World of Disordered Proteins

Intrinsically disordered proteins (IDRs) make up roughly 79 % of human cancer‑associated proteins and defy traditional structure‑based drug design. Akshay Uttarkar’s team introduced QuPepFold, a Python package that translates short peptide sequences onto a tetrahedral lattice and uses a CVaR‑optimized...

By Phys.org – Biotechnology
Key Differences Between Anti‑cel and Cilta‑cel Explain GILD Deal
SocialFeb 23, 2026

Key Differences Between Anti‑cel and Cilta‑cel Explain GILD Deal

By chance I was writing about anito-cel vs. cilta-cel on Friday, not knowing $GILD acquisition was coming down the pike. There are some crucial differences between the two products to take note of, which may explain why they were...

By Sally Church
FDA Issues Guidance on New Individualized Therapy Pathway
SocialFeb 23, 2026

FDA Issues Guidance on New Individualized Therapy Pathway

Building off the Baby KJ success story: FDA unveils long-awaited guidance on new pathway for individualized therapies - https://t.co/Uetp1cGFq2

By Zach Brennan
What the FDA’s Priority Voucher Decision Means for Psychedelic Drug Development
NewsFeb 23, 2026

What the FDA’s Priority Voucher Decision Means for Psychedelic Drug Development

The FDA’s Commissioner’s National Priority Review Voucher (CNPV) pilot compresses review timelines to one‑to‑two months for qualifying drugs, but its criteria favor applications with mature data packages. Compass Pathways’ synthetic psilocybin (COMP360) was listed as eligible yet did not receive...

By GEN (Genetic Engineering & Biotechnology News)
How to Achieve Superior BCMA Response Rates without the Liability of Delayed MNTs
BlogFeb 23, 2026

How to Achieve Superior BCMA Response Rates without the Liability of Delayed MNTs

Recent analyses of BCMA CAR‑T therapies reveal that superior response rates can be achieved without the historically accepted trade‑off of delayed movement and neurocognitive toxicities (MNTs). Emerging data pinpoint specific construct features—particularly signaling domains and hinge designs—as the primary drivers...

By Biotech Strategy Blog
Karma-Karma-Karma Chameleon
BlogFeb 23, 2026

Karma-Karma-Karma Chameleon

Balancing potency with oral bioavailability remains a core hurdle as drug candidates grow larger and more complex. Researchers now focus on "chameleonicity"—the ability of a molecule to toggle between polar and lipophilic conformations—to reconcile solubility and permeability. The article outlines...

By Drug Hunter
Collaboration at Its Core: Launching Spain’s First Fully Integrated Spatial Omics Platform
BlogFeb 23, 2026

Collaboration at Its Core: Launching Spain’s First Fully Integrated Spatial Omics Platform

IRB Barcelona has unveiled Spain’s first fully integrated spatial omics platform, uniting spatial transcriptomics, proteomics, histopathology, advanced microscopy and bioinformatics under one workflow. The facility draws on five core units to deliver an end‑to‑end pipeline from sample preparation through computational...

By BioTechniques (independent journal site)
SGLT2s Linked to Lower Cardiorenal, Hepatic Risks in Type 2 Diabetes
NewsFeb 23, 2026

SGLT2s Linked to Lower Cardiorenal, Hepatic Risks in Type 2 Diabetes

A Taiwanese retrospective cohort of 24,259 adults with type 2 diabetes and liver cirrhosis found that initiating sodium‑glucose cotransporter‑2 inhibitors (SGLT2is) markedly reduced the risk of end‑stage kidney disease, acute kidney injury, major adverse cardiovascular events, all‑cause mortality, and hepatic decompensation...

By AJMC (The American Journal of Managed Care)
BCAX's Phase 3 Ficera Dose Raises Critical Concerns
SocialFeb 23, 2026

BCAX's Phase 3 Ficera Dose Raises Critical Concerns

Why is $BCAX testing a ficera dose in phase 3 that it now says isn't optimal (and other uncomfortable questions)? Via @ApexOnco -> https://t.co/mLWKP6AAZ9 $JNJ $GMAB

By Jacob Plieth
Silencing Ghrelin The Hunger Hormone
NewsFeb 23, 2026

Silencing Ghrelin The Hunger Hormone

Recent research reveals that several snake lineages have completely lost the hunger hormone ghrelin and its activating enzyme, yet maintain normal energy balance. Modern anti‑obesity drugs, such as GLP‑1 receptor agonists, achieve weight loss by amplifying satiety signals rather than...

By Forbes – Healthcare
EU Pledges €225m to Develop Next Generation of Flu Vaccines
NewsFeb 23, 2026

EU Pledges €225m to Develop Next Generation of Flu Vaccines

The European Commission has pledged €225 million through a pre‑commercial procurement model to accelerate the development of next‑generation influenza vaccines. Ten entities, including Sanofi and Bavarian Nordic, will receive eight‑year contracts that cover clinical testing through market authorisation. The funding targets...

By Pharmaceutical Technology (GlobalData)
Rival Drug Wins, Costs Us Marketing Gold
SocialFeb 23, 2026

Rival Drug Wins, Costs Us Marketing Gold

That feeling you get when you run a head-to-head study and the rival drug beats you out. Spending a fortune to hand your competitor a marketing message. Sometimes it feels like $NOVO is snake bit. $LLY https://t.co/gGUjl6iqPg

By John Carroll
Module 2, Section 1: Target Selection Strategy
BlogFeb 23, 2026

Module 2, Section 1: Target Selection Strategy

The module outlines a five‑dimensional framework for target selection, linking biological relevance, drugability, disease impact, competitive landscape, and development risk. It contrasts first‑in‑class and best‑in‑class strategies, highlighting how pioneering mechanisms can command premium market positions. The content identifies oncology as...

By Drug Hunter
Six RNAi Companies to Keep an Eye on in 2026
NewsFeb 23, 2026

Six RNAi Companies to Keep an Eye on in 2026

RNA interference (RNAi) has moved from a scientific curiosity to a fast‑growing therapeutic platform, with the global market projected to reach $1.97 billion by 2032. Six biotech firms—Aerska, ADARx, Alnylam, Arrowhead, City Therapeutics and SanegeneBio—are leading the next wave of innovation...

By Labiotech.eu
Bayesian Designs Decide Faster than Frequentist Group Sequential Methods
SocialFeb 23, 2026

Bayesian Designs Decide Faster than Frequentist Group Sequential Methods

Goal-Driven Flexible Bayesian Design presentation updated w/comparison of performance of frequentist group sequential designs: https://t.co/QCZ6DQrm07 . Frequentist approach takes far too long to make a decision by controlling something that is NOT an error prob. #Statistics #rct https://t.co/X2knbmzTuX

By Frank Harrell
Trump's Drug Pricing Deals Promise Lower Consumer Costs
SocialFeb 23, 2026

Trump's Drug Pricing Deals Promise Lower Consumer Costs

My @CNBC segment on how President Trump's drug pricing deals will achieve many of the initial aims set out by tariff proposals, with respect to reshoring drug manufacturing, and how the biggest consumer impact in terms of lower drug costs...

By Scott Gottlieb
A New Era in Neuropsychiatry: Dr. Velichka Valcheva on GH Research’s Rapid-Acting Breakthrough, GH001
NewsFeb 23, 2026

A New Era in Neuropsychiatry: Dr. Velichka Valcheva on GH Research’s Rapid-Acting Breakthrough, GH001

GH Research’s inhaled mebufotenin (GH001) demonstrated ultra‑rapid, profound antidepressant effects in a Phase 2b trial for treatment‑resistant depression, with 73% of patients in remission after six months versus ~11% for standard oral therapies. Early‑stage studies in postpartum depression and bipolar disorder...

By PharmaShots
Gilead Shows Belief in Its Partner’s Cancer Treatment with $7.8 Billion Buyout
NewsFeb 23, 2026

Gilead Shows Belief in Its Partner’s Cancer Treatment with $7.8 Billion Buyout

Gilead Sciences agreed to acquire the remaining shares of Arcellx for an equity value of $7.8 billion, paying $115 per share—a 79.4% premium to the prior close. The deal secures full rights to Arcellx’s BCMA‑directed CAR‑T therapy anito‑cel, which is in...

By MarketWatch – Top Stories
Novo’s CagriSema Falls to Lilly’s Zepbound in Daring Head-to-Head Test
NewsFeb 23, 2026

Novo’s CagriSema Falls to Lilly’s Zepbound in Daring Head-to-Head Test

Novo Nordisk’s experimental obesity drug CagriSema delivered a 23% average weight loss in the 84‑week REDEFINE 4 Phase 3 trial, but fell short of Eli Lilly’s tirzepatide (Zepbound) which achieved 25.5%. The head‑to‑head study failed the primary non‑inferiority endpoint, prompting a 15% drop...

By BioSpace
STAT+: Gossamer Lung Disease Drug Fails Late-Stage Study, but Company Will Still Seek FDA Approval
NewsFeb 23, 2026

STAT+: Gossamer Lung Disease Drug Fails Late-Stage Study, but Company Will Still Seek FDA Approval

Gossamer Bio announced that its Phase 3 trial of seralutinib for pulmonary arterial hypertension missed its primary endpoint. Patients on seralutinib walked 13 meters farther than placebo over six minutes, but the difference lacked statistical significance. The trial also reported cough...

By STAT (Biotech)
Doctor-in-the-Loop AI Enh
SocialFeb 23, 2026

Doctor-in-the-Loop AI Enh

Evaluating a doctor-in-the-loop AI-agent for multiple myeloma chart reviews [Nov 3, 2025] Karla Mariana Castro Bórquez et al. @HealthTree #ASH25 abs25-15262 PID 4424 https://t.co/MvBeHqOxCg #mmsm #AI #EMR #RWD https://t.co/onY817NfVr

By Mike Thompson, MD PhD
Histopathology Genomics Predicts Myeloma Risk in 1,429 Patients
SocialFeb 23, 2026

Histopathology Genomics Predicts Myeloma Risk in 1,429 Patients

Individualized treatment risk stratification using histopathology-based genomics prediction in multiple myeloma: A multicenter Study in 1429 participants [Nov 3, 2025] Rajanna et al. @DrOlaLandgren #ASH25 abs25-11635 PID 4008 https://t.co/gOprMCjfgh #mmsm #AI #oncopath https://t.co/pjikEsgfHC

By Mike Thompson, MD PhD
The BIG Summit Meets at the Intersection of Patient Advocacy and Venture Investment
NewsFeb 23, 2026

The BIG Summit Meets at the Intersection of Patient Advocacy and Venture Investment

At the BIO Investor Growth (BIG) Summit, IBD Ventures’ associate director Nicole Schwerbrock discussed how venture philanthropy and patient advocacy are reshaping investment in inflammatory bowel disease (IBD) research. She explained that patient‑driven funding models complement traditional venture capital by...

By Bio.News
Race‑agnostic AI Accurately Predicts M‑protein in Myeloma
SocialFeb 23, 2026

Race‑agnostic AI Accurately Predicts M‑protein in Myeloma

Race agnostic models maintain accuracy in predicting M-protein levels in multiple myeloma [Nov 3, 2025] @rahul2u et al. #ASH25 abs25-11347 PID 2810 https://t.co/A27ozBoW8h #mmsm #AI #CancerDisparities https://t.co/ubJ6NGMFUE

By Mike Thompson, MD PhD
Unstructured Serum Data Hinders AI in Myeloma Care
SocialFeb 23, 2026

Unstructured Serum Data Hinders AI in Myeloma Care

Unstructured serum electrophoresis data limits real world AI models in multiple myeloma: Evaluation of 384 institutions across United States [Nov 3, 2025] @MalekEhsanMD et al. #ASH25 abs25-11278 PID 2809 https://t.co/mAC8l7xnaG #mmsm #cancerdisparities #hpeonc https://t.co/veJxBV5S0N

By Mike Thompson, MD PhD
OMG as a Marker of Resiliency to Neurodegenerative Processes
BlogFeb 23, 2026

OMG as a Marker of Resiliency to Neurodegenerative Processes

Researchers identified oligodendrocyte myelin glycoprotein (OMG) in blood as a marker inversely associated with cortical amyloid‑β deposition and neurodegeneration. Large‑scale plasma proteomics across more than a dozen cohorts showed lower OMG levels in individuals with Alzheimer’s disease, other dementias, and...

By Fight Aging!
Patients Favor Step‑Up Dosing for Teclistamab, Talquetamab
SocialFeb 23, 2026

Patients Favor Step‑Up Dosing for Teclistamab, Talquetamab

Patient perspectives & preferences for step-up dosing and treatment w/ teclistamab & talquetamab: Insights from a patient survey [Nov 3, 2025] @JayHydren et al. @RahulBanerjeeMD abs25-8335 PID 6354 https://t.co/pRlflaSb2I #mmsm #Tcellrx @HealthTree https://t.co/3I9nwsxZMx

By Mike Thompson, MD PhD
Patient‑Centered Registry Accelerates Multiple Myeloma Care
SocialFeb 23, 2026

Patient‑Centered Registry Accelerates Multiple Myeloma Care

The HealthTree Cure Hub registry: A patient-centered, multicenter approach to advancing multiple myeloma care - Jorge Arturo Hurtado Martínez et al. @HealthTree #ASCO25 Abst e19569 https://t.co/X2pdaIDYth #mmsm

By Mike Thompson, MD PhD
STAT+: Gilead to Buy Arcellx in Nearly $8B Deal
NewsFeb 23, 2026

STAT+: Gilead to Buy Arcellx in Nearly $8B Deal

Gilead Sciences announced a $7.8 billion acquisition of Arcellx, pricing the deal at $115 per share—a 79% premium to the prior close. The agreement includes an additional $5 per share contingent on future sales milestones. Central to the transaction is anito‑cel,...

By STAT (Biotech)
Most Myeloma Patients Prefer Shared Decision‑Making
SocialFeb 23, 2026

Most Myeloma Patients Prefer Shared Decision‑Making

Patient Preferences on Clinical Decision-Making in Myeloma: A 747-Patient Survey [Dec 7, 2024] @ManniMD1 et al. - @HealthTree https://t.co/jATJRKEfB2 #ASH24 Abst 2281 #mmsm HT @Taxkourel

By Mike Thompson, MD PhD
Side Effect Severity Shapes Patient Autonomy in Myeloma Care
SocialFeb 23, 2026

Side Effect Severity Shapes Patient Autonomy in Myeloma Care

Patient-Centered Care in Hematology: How Side Effect Severity Influences Decision-Making Autonomy in Relapsed Refractory Multiple Myeloma [Dec 8, 2024] Martinez et al. #ASH24 Abst 706 https://t.co/l7SHPBwbna #mmsm HT @Taxkourel

By Mike Thompson, MD PhD
How FDA's Action Against Non-FDA-Approved GLP-1 Products Affects the Competitive Landscape
BlogFeb 23, 2026

How FDA's Action Against Non-FDA-Approved GLP-1 Products Affects the Competitive Landscape

Jay Bregman, CEO of Andel, says the FDA’s pending crackdown on non‑FDA‑approved GLP‑1 compounds is long overdue and will target the burgeoning market of compounded semaglutide. He estimates roughly 1.5 million patients currently rely on these unapproved products, a figure he...

By Pharmaceutical Executive (independent trade outlet)
Strong Care Team Ties Shape Myeloma Treatment Choices
SocialFeb 23, 2026

Strong Care Team Ties Shape Myeloma Treatment Choices

The effect of care team-patient relationship on decision-making in relapsed/refractory multiple myeloma - @MyelomaTeacher et al. @HealthTree #ASCO24 Abstract e19530 https://t.co/Ss5LZHH0Oj #mmsm

By Mike Thompson, MD PhD
Patients Reveal Hopeful Views on Myeloma Cure
SocialFeb 23, 2026

Patients Reveal Hopeful Views on Myeloma Cure

A survey on the patient perspective on cure in multiple myeloma [Oct 9, 2022] @ManniMD1 et al. @HealthtreeMM @TheLancetHaem https://t.co/1XhKT7AWGi #mmsm

By Mike Thompson, MD PhD
Patient‑Driven Platform Accelerates Multiple Myeloma Research
SocialFeb 23, 2026

Patient‑Driven Platform Accelerates Multiple Myeloma Research

.@HealthtreeMM Hub: A Patient-Derived, Patient-Driven Clinical Cancer Information Platform Used to Overcome Hurdles & Accelerate Research in Multiple Myeloma [3/10/22] @NSweeneyPhd @AhlstromJenny @FaithEDavies1 @mtmdphd @JCOCCI_ASCO https://t.co/WOwLb9Eozv @myelomacrowd #mmsm https://t.co/dZzhU3N32Q

By Mike Thompson, MD PhD
Patient Portal Streamlines Myeloma Imaging and Pathology Reporting
SocialFeb 23, 2026

Patient Portal Streamlines Myeloma Imaging and Pathology Reporting

. @HealthtreeMM Patient Portal mediated myeloma patient reported diagnostic imaging and pathology testing - @NSweeneyPhd @AhlstromJenny @mtmdphd J Clin Oncol 38: 2020 (suppl; abstr e20565) #ASCO20 https://t.co/CRLXETpeMm #mmsm #oncorad #oncopath https://t.co/m1UGDimLWm

By Mike Thompson, MD PhD
Low‑dose Dexamethasone Improves Survival in Newly Diagnosed Myeloma
SocialFeb 23, 2026

Low‑dose Dexamethasone Improves Survival in Newly Diagnosed Myeloma

Lenalidomide + high-dose dexamethasone (RD) vs lenalidomide + low-dose dexamethasone (Rd) as initial therapy for newly diagnosed multiple myeloma: an open-label RCT [10/22/2009] @VincentRK et al. @TheLancetOncol https://t.co/hXxlFINejC #NCT00098475 #EAonc E4A03 #mmsm #caxtx #ctsm https://t.co/FjBnt6yIox

By Mike Thompson, MD PhD
Daratumumab Boosts Revlimid Efficacy in Smoldering Myeloma
SocialFeb 23, 2026

Daratumumab Boosts Revlimid Efficacy in Smoldering Myeloma

#EAonc EAA173 - Daratumumab to Enhance Therapeutic Effectiveness of Revlimid in Smoldering Myeloma (DETER-SMM) - PI: @nsc_natalie https://t.co/VtBMJUjI5X Activated: Apr 30, 2019 #mmsm @eaonc #NCT03937635 @VincentRK @mweissmdphd https://t.co/QdWETmSoiR

By Mike Thompson, MD PhD
New Trial Compares Dara‑Bor‑Dex vs Cy‑Bor‑Dex for Myeloma‑Induced Kidney Damage
SocialFeb 23, 2026

New Trial Compares Dara‑Bor‑Dex vs Cy‑Bor‑Dex for Myeloma‑Induced Kidney Damage

EAA241 - Ph 2 RCT Dara-Bor-Dex vs Cy-Bor-Dex in the treatment of Newly Diagnosed Multiple Myeloma with Light Chain Cast Nephropathy (LCCN) [Study activated 8/11/25] @keruakous https://t.co/1NgvVZ3fTA #NCT07085728 #mmsm @eaonc https://t.co/paGRlHV1Dv

By Mike Thompson, MD PhD