The Latest
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Deep Dive // IPO window
Biotech IPOs are the industry’s lifeblood. Track how they’re performing.
BlossomHill Therapeutics and Vogenx became the fifth and sixth drug startups to join the IPO queue in July alone. Meanwhile, a biotech that revealed its IPO plans in April hiked its coming offering.
Updated 6 hours ago -
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 -
National Institute on Aging. (2017). "Beta-Amyloid Plaques and Tau in the Brain" [Image]. Retrieved from Flickr.
Brain drug revivalBiogen 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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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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IPO window
Braveheart, Attovia join next wave of biotech IPOs
The two startups are the third and fourth, respectively, to outline offerings this month and aim to capitalize on momentum that’s already yielded several big-ticket IPOs.
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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 -
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 -
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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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 -
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.
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News roundup
ARPA-H puts $160M into bespoke drug therapies; Biohaven switches up scientific leadership
The ARPA-H program could provide researchers with a roadmap to develop personalized gene editing drugs. Elsewhere, a Botox rival succeeded against migraines and two deals were struck.
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Trump administration
HHS plan to speed drug research won’t remove ‘self-inflicted’ delays
U.S. clinical trials continue to lose ground to China, but is Operation Trialblazer enough to help America catch up?
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Deep Dive // Emerging biotech
Biotech startups are built on venture capital. Track funding rounds here.
On back-to-back days, AI drug discovery specialist Chai Discovery and radiopharmaceuticals developer AdvanCell raised two of the year’s top venture rounds involving the investment firms BioPharma Dive tracks.
Updated July 15, 2026 -
China competition
AstraZeneca, GSK intensify China ties with Sino Biopharm deals
The U.K. drugmakers added to a series of recent tie-ups with Chinese counterparts amid broader scrutiny of such transactions in the U.S.