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Biotech

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NIH Cancer Initiative Sparks 14% Jump in Moderna Shares
biotech9 hours ago

NIH Cancer Initiative Sparks 14% Jump in Moderna Shares

Moderna shares surged over 14% on October 9, 2026, after reports that the National Institutes of Health (NIH) will launch a major public-private cancer research initiative in December. The program aims to accelerate treatments for pancreatic, liver, and colorectal cancers, as well as pediatric tumors, leveraging advances in AI and mRNA technology. This move follows recent positive clinical trial results for Moderna’s co-developed melanoma therapy, intismeran, which showed improved outcomes when combined with Merck’s Keytruda.

CSL Secures Co-Development Rights for Alentis Fibrosis Drug in $1.55B Deal
biotech5 days ago

CSL Secures Co-Development Rights for Alentis Fibrosis Drug in $1.55B Deal

CSL has agreed to pay $355 million upfront and up to $1.2 billion in milestones to co-develop and co-commercialize Alentis Therapeutics' phase 2 fibrosis drug, lixudebart. The deal grants CSL 55% of profits and funding for trials in kidney and liver diseases, including a phase 3 study for antineutrophil cytoplasmic antibodies-associated vasculitis.

Genmab’s Rina-S Shows Superior Survival and Safety Profile vs. AbbVie’s Elahere
biotech5 days ago

Genmab’s Rina-S Shows Superior Survival and Safety Profile vs. AbbVie’s Elahere

Genmab’s rinatabart sesutecan (Rina-S) demonstrated a median progression-free survival of 9.5 months in platinum-resistant ovarian cancer, significantly outperforming AbbVie’s Elahere at 5.6 months. While the objective response rate was 45.9%, analysts highlighted superior safety profiles, including no ocular toxicity, and potential for $2 billion in sales.

Sanofi and Regeneron Rebuild Alliance with $8B Immunology Deal
biotech9 days ago

Sanofi and Regeneron Rebuild Alliance with $8B Immunology Deal

Sanofi and Regeneron have signed a new collaboration agreement worth up to $8 billion to develop four early-stage immunology assets. The deal includes a $1 billion upfront payment from Sanofi and up to $7 billion in potential milestone payments. This partnership aims to secure future growth for Sanofi as its blockbuster drug, Dupixent, faces patent expiration in 2031. The agreement also resolves a 2024 lawsuit filed by Regeneron against Sanofi over commercialization details. Regeneron will lead research and development for the assets, while Sanofi will handle global commercialization. The most advanced asset, REGN20423, is already in clinical trials for eczema.

Kodiak Sciences stock triples as Zenkuda matches Eylea in Phase 3 trial
biotech12 days ago

Kodiak Sciences stock triples as Zenkuda matches Eylea in Phase 3 trial

Kodiak Sciences shares surged nearly 178% after its Phase 3 Daybreak trial results showed that both Zenkuda and tabirafusp-ted matched the efficacy of aflibercept (Eylea) for wet age-related macular degeneration. The company plans to file for FDA approval of Zenkuda in the fourth quarter of 2026, citing data that allows for extended dosing intervals.

Roche Halts Emugrobart Obesity Trial After Failed Interim Analysis
biotech12 days ago

Roche Halts Emugrobart Obesity Trial After Failed Interim Analysis

Roche has terminated development of emugrobart, a myostatin-blocking antibody intended to preserve muscle during weight loss, after an interim analysis of its phase 2 Gyminda trial indicated the drug was unlikely to meet its endpoints. The company has returned the asset to its Japanese subsidiary, Chugai, which plans to resume development for spinal muscular atrophy and seek licensing partners. This setback follows earlier failures in muscular dystrophy trials and occurs as Roche expands its obesity portfolio through other deals.

Adicet Bio Reports Lupus Remissions in CAR-T Trial, Avoiding Safety Issues Seen in Rivals
biotech12 days ago

Adicet Bio Reports Lupus Remissions in CAR-T Trial, Avoiding Safety Issues Seen in Rivals

Adicet Bio reported that its off-the-shelf CAR-T therapy, prula-cel, induced remission in over half of lupus patients in a Phase 1 trial. The treatment showed a favorable safety profile with no severe inflammatory events, distinguishing it from rival autologous therapies that recently faced trial pauses due to fatalities.