The Latest

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    Kendall Davis/BioPharma Dive
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    Tracker

    10 clinical trials to watch in the first half of 2026

    After a lengthy downturn, the biotech industry finally gathered momentum in 2025. Key readouts in obesity, infectious disease and many rare conditions could help it continue.

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    Canva.com/Artistic Creatives

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    Sponsored by Cryopak Inc.

    Rethinking the box: Why circular cold chain packaging is becoming a cost strategy in healthcare

    Spend enough time inside a healthcare distribution center and you start to notice something.

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    News roundup

    Xenon hits a ‘home run’ in epilepsy; FDA restarts review of Duchenne cell therapy

    Xenon shares skyrocketed nearly 50% on results that handily beat Wall Street expectations. Elsewhere, Capricor got a decision date for a spurned cell therapy and AbbVie and Regeneron showcased obesity data.

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    Courtesy of Hims & Hers
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    Obesity drugs

    Novo, Hims reach deal to sell GLP-1 drugs together

    The agreement ends a messy dispute that began when the telehealth firm attempted to sell a compounded form of Novo’s Wegovy pill at a cheaper price. 

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    Courtesy of Ipsen
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    Ipsen to withdraw cancer drug acquired in buyout due to safety concerns

    Ipsen found cases of secondary malignancies in a confirmatory study of Tavzerik, a medicine it got in a purchase of Epizyme and that it has struggled to sell. 

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    Servier to build cancer drug pipeline with $2.5B purchase of Day One

    The proposed acquisition would hand Servier a couple experimental drugs in human testing as well as Ojemda, an approved therapy for certain hard-to-treat brain tumors that affect children.

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    FDA issues speedy approval to J&J’s Tecvayli-Darzalex combo

    The regimen’s clearance in early multiple myeloma was the third approval under the agency’s controversial “national priority” voucher program and issued only 55 days after the review began.

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    Adeline Kon/BioPharma Dive
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    Deep Dive

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

    Servier’s buyout of Day One is the year’s second-largest biotech acquisition so far, trailing only Gilead’s $7.8 billion purchase of cell therapy maker Arcellx.

    Updated March 6, 2026
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    Permission granted by Roche
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    Obesity drugs

    Roche, Zealand shares fall on ‘undifferentiated’ obesity drug results

    An amylin-targeting medicine at the center of the companies’ multibillion-dollar alliance spurred less weight loss than investors had hoped, leading some analysts to question its ability to stand out. 

  • A white sign with the word Lilly written in red stands outside of an office.
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    Scott Olson via Getty Images
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    Obesity drugs

    Lilly targets employers in new bid to broaden access to obesity drugs

    A service tailored to people with workplace-based insurance coverage represents a new way for Lilly to bypass insurers and expand use of its popular obesity shot. 

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    Courtesy of Teva Pharmaceutical
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    Blackstone puts $400M into Teva, Sanofi gut disease drug

    The deal adds to a growing biotech presence for Blackstone and supports testing of a drug competing with rival therapies from Merck and Roche.

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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.

    Sanofi reached a deal for rights to a drug already on the market in China, while UCB is the latest to bet on the ability of T cell engagers to treat autoimmune conditions.

    Updated March 4, 2026
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    News roundup

    Pfizer nabs first obesity approval; Alnylam, Tenaya search for heart drugs

    The clearance in China comes weeks after Pfizer acquired rights to the therapy. Elsewhere, Alnylam is looking for “novel” cardiovascular targets and investors sold off Helus shares. 

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    Getty Images
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    Emerging biotech

    A startup making drugs for blood disorders banks $160M

    Atavistik Bio is using the cash to develop “allosteric” medicines it believes can precisely impact on diseases like myelofibrosis and the blood condition HHT.

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    Alamy
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    PepGen muscular dystrophy drug gets ‘surprise’ hold from FDA

    The agency acted after reviewing mouse data submitted in 2024, making the timing of the new pause “confusing,” one analyst wrote.

    FDA
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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.

    Generate Biomedicines’ $400 million offering is the biotech sector’s largest by total proceeds since Acelyrin’s $540 million IPO in May 2023.

    Updated Feb. 26, 2026
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    Maddie Meyer via Getty Images
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    Vaccines

    Moderna to pay up to $2.25B to end mRNA vaccine patent fight

    Announced days before a trial, the deal settles a longstanding dispute and avoids what one analyst called a “worst-case scenario” financially for Moderna.

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    Getty Images
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    Gene editing

    Prime to test FDA flexibility with 2-patient gene editing submission

    The planned filing comes amid heightened scrutiny of the FDA’s rare disease stance and a year after Prime deprioritized the program for economic reasons.

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    Alamy
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    Trump administration

    5 FDA decisions to watch in the first quarter of 2026

    By the end of March, the agency could approve multiple “national priority” voucher winners, as well as a gene therapy it rejected two years ago.

    FDA
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    Adeline Kon/BioPharma Dive/BioPharma Dive
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    Deep Dive // Emerging biotech

    Biotech startups are built on venture capital. Track funding rounds here.

    RA Capital has been the most active investor so far this year among the firms tracked by BioPharma Dive, participating in 10 funding rounds in total and three in the last week alone.

    Updated March 9, 2026
  • A rendered photo of the outside of Kyowa Kirin's new biologics manufacturing facility in Sanford, North Carolina.
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    Courtesy of Kyowa Kirin
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    Kyowa Kirin abandons touted eczema drug following safety review

    A month after Amgen gave up on rocatinlimab — which was once seen as a threat to Dupixent — new findings have linked the drug’s mechanism to the onset of a type of skin cancer.

  • A modern architectural design building featuring a red-brick façade with large glass windows displays a prominent sign of the Food and Drug Administration.
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    Alamy
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    Pierre Fabre seeks to revive US approval chances for spurned cell therapy

    Ebvallo is one of a series of rare disease treatments recently turned back by the FDA amid shifting guidance that has surprised some companies and frustrated investors.

  • A photo of Ken Song, the CEO of Candid Therapeutics and former head executive at RayzeBio.
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    Permission granted by Candid Therapeutics
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    Candid, in a reverse merger with RallyBio, to go public

    Candid, which is making bispecifics for immune diseases, has also raised $505 million in a private financing for the newly formed company.

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    Getty Images
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    UniQure says FDA wants another study of Huntington’s gene therapy

    Agency staff "strongly recommended" a sham surgery-controlled trial be conducted before an approval filing, a stance one analyst called a "worst case scenario" for UniQure.

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    News roundup

    FDA again targets GLP-1 compounders; Intellia to restart heart disease trial

    The agency zeroed in on claims that compounded GLP-1 drugs are comparable to approved medicines. Elsewhere, a blood pressure drug topped Wall Street expectations and a Merck deal paid dividends.

  • This is a pseudo-colored image of high-resolution gradient-echo MRI scan of a fixed cerebral hemisphere from a person with multiple sclerosis.
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    Bhagavatheeshwaran, Govind. (2016). "MRI Scan" [Image]. Retrieved from Flickr.
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    Roche pill succeeds in another MS study, but approval questions linger

    Liver-related side effects have led some analysts to question fenebrutinib’s prospects, even though the drug has now cleared Phase 3 studies in multiple forms of the disease.