The Latest

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    Trump administration

    5 FDA decisions to watch in the third quarter of 2026

    A group of coming decisions could provide important insights into how flexible the agency is willing to be under new leadership.

    FDA
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    Courtesy of Merck & Co.
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    Merck wins first approval of a PCSK9 cholesterol pill

    The speedy clearance of Lipfendra is an important milestone for Merck and the result of a controversial voucher program put in place by former FDA commissioner Marty Makary.  

    Updated July 16, 2026
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    Adeline Kon/BioPharma Dive
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    Deep Dive // IPO window

    Biotech IPOs are the industry’s lifeblood. Track how they’re performing.

    Gene editing startup Scribe Therapeutics on Monday outlined terms for what could be the first of many biotech IPOs in the weeks ahead.

    Updated 5 hours ago
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    Emerging biotech

    Biotech startup funding gap widens despite rebound in VC investment

    Though funding totals represented the highest first-half sum since the start of 2022, industry watchers are concerned that small startups are being left behind.

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    Veradermics keeps ‘momentum going’ as baldness drug helps women with hair loss

    The Phase 2 data exceeded expectations, lifting company shares as high as nearly $130 apiece and building the case for what may be the first pill specifically approved for female pattern hair loss.

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    How well are AI-discovered drugs faring in the clinic?

    Some of the industry’s most closely-watched AI drugs could provide insight into the success of technology-assisted development.

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    Jasper gets a lifeline in merger with immune drugmaker Kira

    The acquisition, which involves a concurrent licensing deal with startup Mirador, gives Jasper a chance to rebound from setbacks that have wiped out most of its market value.  

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    News roundup

    Arbutus, Sanofi escalate mRNA patent fights; InnoCare’s TYK2 contender advances

    The new lawsuits add to a web of legal disputes over technology involved in COVID vaccines. Elsewhere, a prolific AI biotech inked another deal and Insmed strengthened support for a closely watched blood pressure drug.

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    Merck ADC, in China study, shows potential to replace chemo in lung cancer

    The results were seen by Wall Street analysts as “direct proof-of-concept” that sac-TMT, a drug Merck views as a “cornerstone,” could be part of a future treatment standard for front-line lung cancer. 

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    Celcuity gains FDA approval for closely watched breast cancer drug

    Still, shares fell by nearly 20% after the company revealed a delay in the coming launch of Revtorpyk. Details in the drug’s prescribing information surprised some analysts, too.

    Updated July 15, 2026
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    National Institute on Aging. (2017). "Beta-Amyloid Plaques and Tau in the Brain" [Image]. Retrieved from Flickr.
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    Brain drug revival

    Biogen data highlight promise, questions surrounding tau-targeting Alzheimer’s drugs

    The study provides the clearest evidence yet that medicines like BIIB080 might improve cognition, but leaves unclear why higher doses didn’t perform better.

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    IPO window

    Braveheart, Attovia join next wave of biotech IPOs

    The heart drug developer and immune disease specialist aim to capitalize on momentum that’s already yielded several big-ticket IPOs this year.

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    Deep Dive

    Biotech M&A is accelerating. Track the deals that are happening here.

    With its purchase of AtaiBeckley, Eli Lilly has now acquired 11 drugmakers this year — by far the most among its pharmaceutical peers.

    Updated July 16, 2026
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    News roundup

    J&J dips despite upbeat outlook; AstraZeneca, Spero cut China deals

    J&J’s shares ticked down as oncology sales missed expectations. Elsewhere, AstraZeneca bet $600 million on a lung cancer drug and a pair of biotechs snagged two of the year’s top venture rounds.

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    Emerging biotech

    Judge orders Apple Tree partner to forfeit oversight of venture fund

    The ruling from a Cayman Islands court adds a new wrinkle to an ongoing legal dispute that’s already resulted in a bankruptcy filing — and a bid by general partner Seth Harrison for the firm’s portfolio companies.

    Updated July 14, 2026
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    China competition

    Fresh off buyout, Akero execs reunite to advance long-acting psoriasis pill

    Set to go public via a reverse merger, Avere has licensed from a prolific Chinese drugmaker rights to a potential threat to medicines like Skyrizi and Icotyde. 

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    CVS Caremark reaches settlement with FTC over insulin suit

    Terms of the deal announced Tuesday are very similar to those the FTC reached with Express Scripts earlier this year, including requiring the PBM to stop preferring higher cost versions of drugs on standard formularies.

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    Q32 bounces back to claim study success for alopecia drug

    Nearly two years after clinical setbacks cratered Q32’s stock price, new results showed hair growth improvements that surpassed investors’ expectations. 

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    Kevin Frayer via Getty Images
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    China competition

    Drugs from China are reshaping biotech. Track the licensing deals here.

    Including three deals announced Tuesday, Chinese drugmakers have formed more than 100 licensing pacts with their U.S. and European counterparts since the start of 2025, BioPharma Dive data show.

    Updated July 14, 2026
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    Emerging biotech

    Draig bags another $65M to speed testing of brain drugs

    The cash will support mid-stage trials of a prospect the company claims to have “best-in-disease” potential treating major depressive disorder. 

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    Freenome colorectal cancer test data improve on earlier results

    The new study results could make Abbott, which has an agreement with Freenome to market the blood-based test, the dominant player in colorectal cancer screening, Evercore ISI analysts said.

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    News roundup

    Agenus surges on study pivot; Apnimed lines up an IPO

    Agenus is financially abandoning an ongoing study in late-line colorectal cancer. Elsewhere, an ebola vaccine began human testing and an important Bristol Myers medicine got an FDA decision date.

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    GSK, Hansoh ADC extends survival in lung cancer study

    GSK claimed the result was a first for an ADC aimed at the “B7-H3” protein, an increasingly popular target of late among cancer drugmakers. 

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    Roche scraps two Ionis-partnered Huntington’s drugs

    The Swiss pharmaceutical giant told patient groups tominersen didn't delay disease progression in one trial, while a study of a second drug was scrapped because of a safety signal in animal testing.

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    AstraZeneca, Ionis drug fails big heart disease study in major setback

    Eplontersen’s failure in transthyretin-mediated amyloidosis cardiomyopathy caught Wall Street analysts by surprise and boosted the outlook of rival drugs from Alnylam and BridgeBio Pharma.