Original reporting and analysis on the stories shaping biotech.
Oncolytics Biotech is betting that a modified cold virus can crack the toughest problem in colorectal cancer: the 95% of patients that immunotherapy can't help. Early data looks wild, and a new randomized trial just launched to prove it.
A little-known Chinese biotech just posted Phase III eczema data with near-perfect statistical significance across every endpoint. In a market heading toward $30+ billion, zemprocitinib's oral convenience and clean safety profile could shake up Dupixent's reign.
Generate Biomedicines raised $400 million in the biggest biotech IPO since 2024, then watched its stock crater 21% on day one. In a red-hot IPO market where February debuts averaged 41% first-day gains, this AI drug company's faceplant is sending a loud message about what investors really think of AI biotech hype.
Roche's fenebrutinib just nailed its third straight Phase III win in multiple sclerosis, and every competing BTK inhibitor has either been rejected or abandoned. With regulatory submissions on deck, this brain-penetrating oral drug could reshape how MS is treated.
A tiny Israeli biotech just beat out 600 global drug developers for the top innovation award at Advanced Therapies Week. Their secret weapon? A personalized neural implant grown from a patient's own cells that could one day cure paralysis.
Septerna just posted Phase 1 data proving it can block MRGPRX2, a mast cell receptor nobody could drug before. If the bet pays off, it could reshape how we treat chronic hives for millions of patients failed by antihistamines.
Merck is splitting its pharma business in two as it stares down the expiration of Keytruda's patent, the world's best-selling drug at nearly $30 billion in annual sales. It's one of Big Pharma's boldest reorganizations in years, and the clock is ticking toward 2028.
BioMarin is pulling its $2.9 million hemophilia gene therapy Roctavian from the market after failing to find a single buyer. Combined with Pfizer's identical retreat from its own hemophilia gene therapy, it raises a billion-dollar question: can one-time cures ever make money?
Three completely unrelated viruses independently figured out how to kill bacteria by attacking the same protein. Caltech scientists think this viral trick could unlock an entirely new class of antibiotics against drug-resistant superbugs.
Cambridge researchers engineered self-assembling RNA "nanostars" that build programmable compartments inside bacteria for the first time. The implications for how we manufacture therapeutic proteins could be enormous.
A brand-new biotech just launched with $130 million to target migraines through a completely different pathway than every existing preventive drug. For patients who don't respond to CGRP therapies, Slate Medicines might be building the backup plan they've been waiting for.
Dupixent just landed its ninth FDA approval, this time as the first-ever drug for allergic fungal rhinosinusitis. The trial data is staggering: a 92% reduction in the need for surgery or steroids. For patients stuck in a brutal cycle of repeat sinus surgeries, everything just changed.
Bristol Myers Squibb paid $800 million for a cancer drug from a Chinese biotech nobody was watching. It just hit both survival endpoints in the toughest form of breast cancer, marking the first time a bispecific ADC has pulled off that feat. The $8.4 billion bet is starting to look like a bargain.
The Senate titled its FDA hearing "From Regulator to Roadblock" and brought in biotech CEOs and patient advocates to make the case. With fresh legislation already reshaping orphan drug exclusivity and a $243 billion market at stake, rare disease biotechs are paying very close attention.
A new biotech called Five Discovery wants to give your brain the healing power of psychedelics without the hallucinations. They're not alone in the race, and the science behind it is surprisingly compelling.
AbbVie wired $650 million to Chinese biotech RemeGen for a cancer drug still in phase 2 trials, with the total deal potentially worth $5.6 billion. It's a massive bet that bispecific antibodies will reshape oncology, and AbbVie isn't the only one racing to find out.
Novo Nordisk's Triple G obesity drug just posted nearly 20% weight loss in 24 weeks, adding a metabolic twist that existing drugs don't have. But with Lilly's retatrutide already showing 29% in trials, the real fight is just getting started.
Earendil Labs just signed an $885 million deal with WuXi XDC for linker technology, the unglamorous connector that holds cancer-killing ADCs together. In biotech's hottest arms race, the most valuable weapon might be the glue.
Gilead is spending $7.8 billion to acquire Arcellx and its next-gen CAR-T therapy for multiple myeloma. The secret weapon? A synthetic protein one-third the size of what competitors use, with clinical data that might just be best-in-class.
Novartis paid $12 billion for Avidity Biosciences but left the cardiology programs on the table. Those "leftovers" just launched as Atrium Therapeutics with $270 million and two preclinical heart disease drugs. Sometimes the best biotechs are built from what big pharma didn't want.
Sarepta's Doug Ingram is retiring after a decade of FDA battles, gene therapy breakthroughs, and an 82% stock collapse. His departure, driven partly by his own family's muscular dystrophy diagnosis, leaves behind one of biotech's most complicated legacies.
GSK is paying $950 million in cash for a Canadian startup whose lead drug has never been tested in a single patient with pulmonary hypertension. The science behind the deal, and the market it's chasing, might explain why.
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