Altesa announced a $75 million fundraising round to develop its oral respiratory medication. The capital will support further clinical development and commercialization efforts.
Faeth announced its public listing through a merger with Sensei, generating $200 million from a stock sale. The transaction marks Faeth's entry into the public markets.

Six biotechnology firms have filed for initial public offerings on the Hong Kong Stock Exchange, signaling a push into Asian capital markets. The filings were announced on February 17, 2026.

Gilead announced it will acquire the global rights to an oral cancer drug from China-based biotech Genhouse Bio, paying $80 million upfront. The deal expands Gilead's oncology pipeline as Genhouse prepares for a Hong Kong IPO.
Shanghai-based biotech Cascade Pharmaceuticals announced it has secured $72 million (about 500 million yuan) in new funding to advance its pipeline targeting metabolic-associated steatohepatitis (MASH), obesity, and diabetes. The capital will support preclinical and clinical development of its drug candidates.

ILiAD Biotechnologies announced an oversubscribed $115 million Series B financing on Tuesday. The new capital will fund pivotal Phase 3 trials for its whooping cough vaccine, accelerating development and potential market entry.

China‑American biotech QuantX Biosciences announced a $85 million Series B round, led by the venture arms of Eli Lilly and Sanofi. The funding will accelerate its immunology pipeline targeting key immune‑related diseases. The round highlights strong investor interest in biotech innovations.

Fibrosis‑focused Agomab Therapeutics and eye‑disease company SpyGlass Pharma announced they will go public on Friday, marking a significant week for biotech IPOs. The offerings are expected to boost the biotech sector's comeback after a slowdown.

The White House unveiled TrumpRx, a new direct‑to‑consumer website that lets Americans compare prescription drug prices and find lower‑cost options. The platform pulls real‑time pricing data from pharmacies, insurers and manufacturers, and provides discount coupons and pharmacy locators. TrumpRx is...

Veradermics, a biotech developing an oral formulation of minoxidil, saw its shares soar 122% on the first day of trading. The company aims to capture the growing consumer demand for hair‑loss solutions, positioning its product as a convenient alternative to...

Bayer announced that its next‑generation factor XIa inhibitor asundexian cut ischemic stroke incidence by 26% in a pivotal Phase 3 trial for secondary stroke prevention. The study also reported a favorable safety profile, with fewer major bleeding events compared with standard anticoagulants....

Bristol Myers Squibb highlighted at least ten late‑stage data readouts slated for 2024, reigniting investor enthusiasm after a period of muted pipeline news. The readouts span oncology, immunology and rare disease programs, many of which could support new label extensions...

Hims & Hers launched a new Super Bowl commercial promoting GLP‑1 weight‑loss drugs, positioning the brand amid a surge in public interest. The ad directly calls out disparities in healthcare access, contrasting affluent consumers’ ability to afford the medication with...

Thermo Fisher Scientific announced the closure of its chemical analysis manufacturing site in Franklin, Massachusetts, citing current customer demand shifts. The shutdown will affect the plant’s workforce, adding to a wave of staffing reductions across the life‑science services sector, including...

Hims & Hers announced it will begin selling a compounded version of Novo Nordisk's Wegovy weight‑loss injection on Thursday, just weeks after the FDA approved the brand‑name drug. The telehealth firm positions the lower‑cost alternative as a more accessible option...

Eikon Therapeutics, a Bay Area biotech that has raised more than $1 billion, launched its initial public offering this week. The IPO was priced at a valuation significantly lower than the $2 billion range previously projected, reflecting a broader pullback in biotech...

Eisai announced an exclusive commercial license with China’s Henlius to sell the anti‑PD‑1 antibody serplulimab in Japan. The agreement gives Eisai sole rights to market the immunotherapy, positioning it alongside the company’s existing oncology portfolio. Serplulimab, a checkpoint inhibitor, is...

Angitia Biopharmaceuticals announced a $130 million Series D financing round, led by a consortium of U.S. and Chinese investors. The capital will fund three biologic candidates currently in clinical trials for musculoskeletal disorders. One candidate targets a disease where Ultragenyx recently reported...

Generate:Biomedicines, the Flagship Pioneering‑backed AI drug‑discovery startup, filed for an initial public offering just nine days after dosing its first patient in a Phase 3 trial. The company has positioned itself as a leading, heavily funded player in the emerging AI‑bio...

Generate:Biomedicines, a Flagship Pioneering-backed AI bio startup, has filed for an initial public offering just nine days after dosing its first patient in a Phase 3 trial. The filing signals the company’s move to raise capital and bring AI-driven drug...

Biotech firm Veradermics, developing an oral form of Rogaine, completed its initial public offering, with its shares jumping 122% on the first day of trading. The strong debut reflects investor enthusiasm for the growing aesthetics market and the company's innovative...

US-China biotech Angitia Biopharmaceuticals announced a $130 million Series D financing to support three biologics in clinical testing for musculoskeletal diseases. The funding will advance its pipeline, including a candidate that previously fell short at Ultragenyx, highlighting investor confidence in...

Bay Area biotech startup Eikon Therapeutics is preparing for an initial public offering, shifting from its $1 billion fundraising history. The analysis highlights a significant valuation cut as the company moves toward going public, marking a major event in the biotech...

The Federal Trade Commission reached a settlement with pharmacy‑benefit manager Express Scripts over its handling of insulin rebates, securing an agreement that extends across virtually every segment of the company’s operations. The deal requires changes to rebate structures, increased transparency,...

AbbVie announced that its newer immunology drugs are compensating for the imminent loss of Humira’s patent protection. The combined sales of Skyrizi and Rinvoq have already surpassed Humira’s historic peak, signaling a successful transition to next‑generation biologics. The company frames...

President Donald Trump signed a government funding extension that also reauthorizes the FDA’s rare pediatric priority review voucher (PRV) program through 2029. The legislation revives the incentive mechanism that awards vouchers to sponsors of approved treatments for rare pediatric diseases,...

Midi Health, the pandemic‑born women’s health platform, announced a $100 million financing round that pushes its valuation past the $1 billion unicorn threshold. The capital, led by a consortium of venture firms, will fund the launch of a nationwide urgent‑care network and...

Hims & Hers, the telehealth consumer‑health brand, announced a partnership with Grail to offer the Galleri multi‑cancer early‑detection blood test on its platform. The move brings a technology that can screen for more than 50 cancer types to a broader,...

Novartis announced that generic competition will erode about $4 billion from its 2026 sales, primarily affecting three blockbuster drugs. The heart‑failure medication Entrezto, its top seller, will see its first generic entry in the fourth quarter of 2026. The company warned...

Eli Lilly reported fourth‑quarter 2025 revenue that topped analysts’ forecasts, signaling a stronger‑than‑expected performance. The company also projected a sizable revenue increase for 2026, driven by upcoming product launches and an expanding oncology pipeline. This upbeat guidance contrasts sharply with Novo Nordisk’s...

Novo Nordisk is actively exploring the acquisition or internal development of a long‑acting, once‑monthly GLP‑1 therapy. The move aims to counter Pfizer’s newly launched monthly obesity injection and to broaden Novo’s weight‑loss portfolio. Executives see a monthly formulation as a...

The U.S. Food and Drug Administration has formally asked Amgen to withdraw its rare‑disease therapy Tavneos from the market, citing unresolved safety and manufacturing concerns. Amgen’s CEO Bob Bradway publicly rejected the request, stating the company will continue to sell...

Novo Nordisk announced it expects sales to decline by at least 5% in 2026, marking the first projected contraction in years. The slowdown is driven by adverse pricing dynamics, notably the U.S. government’s new price caps on GLP‑1 therapies. The...

The Centers for Medicare & Medicaid Services (CMS) is set to roll out sweeping pharmacy‑benefit‑manager (PBM) reforms that will impose transparency, rebate‑disclosure, and reporting requirements on the industry. The rulemaking, slated for finalization in early 2025, targets the opaque pricing...

AccurEdit, a Chinese biotech startup, closed a $75 million Series B round to accelerate its CRISPR‑based gene‑editing therapies. The funding, led by Hillhouse Capital and Sequoia China, will finance IND‑enabling studies and scale GMP manufacturing. Early preclinical data show over 90 percent editing...

Daiichi Sankyo announced it is terminating development of its antibody‑drug conjugate (ADC) program aimed at solid‑tumor indications, citing strategic reprioritisation and cost considerations. The cancellation eliminates an estimated $200 million of projected R&D spend. Meanwhile, GlaxoSmithKline disclosed a reduction of roughly...

Pfizer reported fourth‑quarter earnings that included a $4.4 billion non‑cash charge tied to a recent high‑profile cancer‑drug acquisition. The write‑down lowered net income but the company highlighted a positive Phase III readout for a separate oncology candidate. Management said the data could...

Pfizer announced that its monthly GLP‑1 obesity drug, originated from the Metsera acquisition, achieved an average 10.5% weight reduction after six months in a late‑stage study. The therapy’s once‑monthly dosing is designed to improve patient adherence compared with weekly injectables....

The U.S. Food and Drug Administration issued a Complete Response Letter (CRL) for AstraZeneca's subcutaneous prefilled‑pen version of Saphnelo, its anifrolumab therapy for systemic lupus erythematosus (SLE). The CRL indicates the agency found deficiencies—primarily around additional safety and manufacturing data—requiring...

Menlo Ventures and Andreessen Horowitz (a16z) have invested in Phylo, an AI scientist startup founded by Stanford researchers Le Cong, Yuanhao Qu, Kexin Huang, and Jure Leskovec. The funding round was announced on February 3, 2026, with undisclosed terms.

Carbon Health, a fast‑growing urgent and primary‑care startup, announced it has filed for Chapter 11 bankruptcy protection. The filing aims to either restructure the business or find a buyer. The company, which previously raised more than $800 million and operated hundreds...

The first ten drugs subject to Medicare price negotiations under the Inflation Reduction Act took effect in early 2024, with the government projecting billions of dollars in annual savings. Early data indicate that the negotiated caps have lowered list prices...

Novo Nordisk disclosed Phase III data showing its next‑generation metabolic therapy CagriSema outperformed the GLP‑1 blockbuster semaglutide in type 2 diabetes. The trial reported larger reductions in HbA1c and greater body‑weight loss while maintaining a comparable safety profile. CagriSema’s superiority was observed...

GlaxoSmithKline has terminated its collaboration with Wave Life Sciences, returning all rights to the RNA‑editing program aimed at treating alpha‑1 antitrypsin deficiency (AATD). The decision ends a partnership that was closely watched as a potential first‑in‑class RNA‑editing therapy. GSK will...

The U.S. Food and Drug Administration issued a complete response letter to Aquestive Therapeutics, rejecting its allergy medication because of packaging deficiencies. The agency identified labeling and child‑resistance failures that do not meet federal standards. As a result, the drug’s...

The U.S. Food and Drug Administration has opened the first round of submissions for its new PreCheck program, designed to accelerate the construction and approval of drug manufacturing facilities. By allowing manufacturers to submit detailed construction plans early, the initiative...

Sanofi’s substrate‑reduction therapy venglustat met its primary endpoint in a Phase 3 trial for type 1 Gaucher disease, showing statistically significant reductions in glucosylceramide levels and improved organ volumes. The study enrolled 400 patients across North America and Europe and demonstrated a...

European regulators are preparing a suite of new laws that will tighten the timeline for generic and biosimilar entry, shortening data‑exclusivity periods and expanding patent‑linkage requirements. The measures aim to force originator drugmakers to confront competition earlier, potentially shaving 15‑20%...

The U.S. Food and Drug Administration issued a formal rejection of Corcept Therapeutics' experimental treatment for Cushing's syndrome, stating that it had raised serious scientific concerns early in the review process. FDA officials say they communicated these issues to Corcept...

Bitterroot Bio, a specialist in CD47 immunotherapy, announced that its program has reverted to the pre‑clinical discovery stage after a brief push toward clinical development. The move coincides with the unexpected resignation of its chief executive officer, raising questions about...

The European Medicines Agency’s Committee for Medicinal Products for Human Use (CHMP) voted against extending Eli Lilly’s weight‑loss drug tirzepatide (Mounjaro) to treat heart failure, citing insufficient efficacy data. In the same meeting, the CHMP gave a positive opinion to...

Ultragenyx has re‑submitted its FDA approval request for UX111, an adeno‑associated virus (AAV) gene‑therapy targeting a rare neurodegenerative disease. The company previously faced a complete response letter last summer, prompting additional pre‑clinical work and safety analyses. UX111 aims to replace...

Quince Therapeutics announced that its once‑monthly steroid‑based therapy for ataxia‑telangiectasia failed to meet the primary endpoint in a pivotal Phase 3 trial. The rare genetic disorder affects roughly 1 in 100,000 children and currently lacks disease‑modifying treatments. Following the data...

Moderna has signed a licensing agreement with Italy’s Recordati to transfer a Phase 3 rare‑disease mRNA therapeutic to the European drugmaker. The deal provides Recordati with worldwide commercialization rights, an upfront cash payment estimated at $150 million, and a series of development...

Amgen abruptly terminated its collaboration with Japan’s Kyowa Kirin on a late‑stage immunology candidate, returning all rights to the partner despite the drug’s recent Phase 3 success. The move aligns with Amgen’s broader strategic shift toward internal R&D priorities and upcoming biosimilar...

Eli Lilly has allocated $3.5 billion to build a new manufacturing complex in Pennsylvania’s Lehigh Valley that will produce its next‑generation obesity injectable retatrutide and related compounds. The plant is designed for flexible, single‑use bioreactor technology and aims to output over a...

Janux Therapeutics announced the appointment of William Go, M.D., Ph.D., as its new chief medical officer, replacing Zachariah McIver. The hire follows a recently disclosed partnership with Bristol Myers Squibb that provides a $50 million upfront payment for Janux’s T‑cell engager...

Yosemite, the cancer‑research investment firm led by Reed Jobs, is seeking to raise a fund of up to $350 million. The capital target positions the firm among the largest early‑stage biotech funds currently forming. Jobs leverages his Silicon Valley connections and...

Takeda’s incoming CEO Julie Kim said the company anticipated Medicare’s selection of Entyvio for upcoming coverage negotiations. Entyvio, Takeda’s top-selling inflammatory‑bowel‑disease biologic, generated roughly $2.5 billion in 2023 revenue. While the firm expects a constructive dialogue, it has not disclosed pricing...

Takeda’s incoming chief executive publicly stated that the company is not supportive of President Donald Trump’s proposed “most favored nation” (MFN) agreements with pharmaceutical manufacturers. The MFN framework would grant U.S. drugmakers preferential pricing and market‑access terms, a move Takeda...

The House Judiciary Committee released a report alleging that CVS Health engaged in antitrust practices to suppress disruptive pharmacy startups. The findings highlight potential collusion with insurers and pharmacy benefit managers to limit market entry. Industry observers note that the...

Premise Health, an advanced primary care provider, announced a merger with Crossover Health, which runs on‑site health clinics for large employers such as Google and Amazon. The combined company aims to broaden its employer clinic network and help control rising...

Belgian biotech Agomab Therapeutics announced plans for a Nasdaq IPO to raise approximately $182 million in net proceeds. The capital will support the development of its fibrosis drug pipeline, with the company aiming to sell 12.5 million shares. The offering...

Clinical-stage cell therapy manufacturer Cellares announced a $257 million Series D funding round to support its global expansion and commercial rollout. The capital will also fund preparations for a planned initial public offering in 2027, highlighting investor confidence in its...

Biotech firm Veradermics, developing an oral version of Rogaine, announced plans to go public and raise approximately $181.8 million in net proceeds. The proposed IPO will fund late‑stage testing and commercialization of its hair‑loss treatment.

Bay Area biotech TRexBio announced an additional $50 million to its 2024 Series B round, aimed at advancing its pipeline of regulatory T cell (Treg) candidates into clinical trials. The funding will support further development and expansion of its immunotherapy...

Insilico Medicine announced a $120 million partnership with Chinese pharmaceutical firm Qilu Pharma to develop cardiometabolic therapies. The collaboration will leverage Insilico's AI-driven drug discovery platform to accelerate the identification of novel candidates. The deal highlights growing interest in AI-powered...

Virtual women's health platform Wisp announced the acquisition of sexual healthcare startup TBD Health, expanding its tele‑health services. The deal, reported on Jan. 27, 2026, aims to broaden Wisp's offerings in women's sexual health.

German pharma Boehringer Ingelheim has agreed to pay €42 million upfront to Shanghai-based Simcere Pharmaceutical for an IBD bispecific drug candidate, marking a new partnership in immunology.

Former BioMarin executives have founded a new biotech focused on rare disease therapeutics. The startup announced an $82 million fundraising round to support development of orphan drugs. The capital will be used to acquire and advance promising rare disease candidates.

Erasca announced the pricing of an upsized public offering of its common stock, aiming to raise over $500 million. The offering, part of a broader $500M+ target for several biotech firms, was disclosed in a press release on Jan. 22,...

Claim Health, a health‑tech startup, announced a $4.4 million fundraising round to develop AI‑driven solutions that automate payment processes for home‑care providers. The capital will support product development and scaling, with investors not disclosed at the time of the announcement.

Exciva announced a €51 million ($59 million) Series B financing round to fund Phase 2 testing of its candidate drug targeting agitation in Alzheimer’s disease. The capital will support clinical development and expand the company's pipeline.

Pfizer announced it will exit the HIV specialist joint venture ViiV, which it co‑founded with GSK. Shionogi will take over Pfizer’s share, doubling its stake in the company. The move reshapes ViiV’s ownership and strengthens Shionogi’s position in the HIV...

GlaxoSmithKline (GSK) announced a $2.2 billion acquisition of biotech firm RAPT, securing its food allergy candidate. The deal was unveiled at the JP Morgan Healthcare Conference, marking a major M&A move in the pharma sector.

Pharmaceutical giant AbbVie announced the acquisition of a drug-device manufacturing facility, expanding its presence in the medical device sector. The deal was reported on January 15, 2026, with financial terms undisclosed.

Eli Lilly and Nvidia have entered a five‑year partnership valued at up to $1 billion to create an AI laboratory aimed at accelerating drug discovery. The collaboration builds on a prior agreement to build pharma’s largest supercomputer and will leverage Nvidia’s...

Aktis Oncology, a radiopharmaceutical startup partnered with Eli Lilly, announced its initial public offering on the Nasdaq, raising $318 million. The IPO marks the first biotech offering of 2026, positioning the company for growth in the radiopharma sector.

South Korean biotech Medipost announced a $140 million fundraising round to commercialize its allogeneic cell therapy, approved in South Korea since 2012, in the United States and Japan. The capital will support regulatory approvals and market entry in these regions.

Alveus Therapeutics announced a $159.8 million Series A funding round on Thursday, aiming to accelerate its obesity drug development and challenge market leaders like tirzepatide and semaglutide. The capital will support the company's push into the space dominated by MariTide....

Vizgen, a startup developing spatial biology and multiomics mapping technologies, announced a $48 million Series E funding round. The capital will be used to accelerate product development and market expansion. The round underscores continued investor interest in biotech innovation.
Beacon Therapeutics announced a $75 million Series C financing round to advance its vision treatment pipeline. The round was led by Goldman Sachs Alternatives, with participation from a managing partner of the firm’s life sciences team. The funding aims to...

Enodia Therapeutics, a French biotech founded in February, announced it has raised €20.7 million (approximately $24 million) to develop protein degrader technology. The financing was aided by pharmaceutical giant Pfizer, marking a significant early-stage corporate investment in the company.

Biotech startup Boltz announced a $28 million seed round to develop open AI models for biology. The funding will support the creation of large language models that predict biomolecular structures, building on advances like AlphaFold. The round highlights growing investor...

French pharmaceutical group Servier announced the creation of a corporate venture capital unit focused on European biotech startups, initially funded with about €200 million ($232.9 million). The new VC arm aims to back emerging biotech innovations, joining a wave of large pharma...

Parabilis Medicines announced a $305 million financing round to develop therapies targeting undruggable proteins. The capital will fuel its platform to address challenging protein targets, highlighting strong investor interest in biotech solutions for hard‑to‑drug diseases.