The Latest
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Deep Dive
Biotech M&A is accelerating. Track the deals that are happening here.
Including Jazz’s planned acquisition of Actio, nearly two dozen privately held drugmakers have been purchased this year in deals with at least $50 million in guaranteed proceeds.
Updated Aug. 10, 2026 -
Leo Pharma buys rare skin disease drug in $435M deal
Tanabe Pharma has already asked the FDA to approve the medicine for two conditions that cause severe reactions to sunlight.
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Profile
Formation Bio taps Biogen, Pfizer alum to tackle R&D’s ‘boring middle’
Michael Ehlers bets AI can ease the clinical-development bottleneck — but scaling Formation Bio’s pipeline will also require human judgment.
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News roundup
AstraZeneca scores in lung cancer; Sandoz inks a China deal
A combination of AstraZeneca’s Tagrisso and Hutchmed’s Orpathys extended survival for some lung cancer patients. Elsewhere, MapLight floated the idea of partnering on its autism drug.
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Deep Dive // IPO window
Biotech IPOs are the industry’s lifeblood. Track how they’re performing.
Drug startups have banked $6 billion in IPOs so far in 2026, more than the combined amount raised by this point in the previous four years.
Updated Aug. 7, 2026 -
EyePoint plummets on pivotal data for main drug
Though its drug missed the key goal of a wet AMD study, EyePoint — as well as analysts — see a path toward approval. Investors may be harder to win over, however.
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Argenx jumps on Phase 3 data for blockbuster Vyvgart
The latest results give investors confidence in the drug's ability to be approved in another indication for which there are no approved treatments.
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Slate, Fulcrum to combine in reverse merger
Fulcrum announced in June it would seek strategic alternatives after U.S. regulators expressed concern over the viability of its sickle cell drug.
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Bristol Myers wins ‘milestone’ FDA approval of myeloma drug acquired from Celgene
The clearance of Zenbexus is the first for a group of protein-degrading “CELMoD” medicines that could help Bristol Myers rejuvenate a key drug franchise.
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Deep Dive // Emerging biotech
Biotech startups are built on venture capital. Track funding rounds here.
At least seven biotechs have announced venture fundings since Monday, representing the busiest calendar week in two months among the investment firms BioPharma Dive tracks.
Updated Aug. 13, 2026 -
News roundup
Capricor shares spike on CEO comments; Cytokinetics sues Bristol Myers
The FDA is “willing to review” an updated submission for Capricor’s Duchenne cell therapy, its CEO said. Elsewhere, a heart drug battle spilled into court and Rigel priced the first “Protac” medicine.
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New Taiho, Cullinan data heats up lung cancer drug battle
The findings position their drug, zipalertinib, as a threat to multiple approved medicines — while setting a bar for others in testing.
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Obesity drugs
Lilly files six lawsuits in bid to shut down ‘black market’ for retatrutide
Ahead of an approval filing, the drugmaker is amping up a fight against sellers who claim to offer versions of its highly anticipated “triple-G” weight loss medicine.
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China competition
Drugs from China are reshaping biotech. Track the licensing deals here.
A new BioPharma Dive analysis shows that, in 2026, drugmakers are paying considerably more for rights to China-based medicines than they were last year.
Updated Aug. 14, 2026 -
PTC takes a chance on Sangamo’s Fabry disease gene therapy
Wall Street analysts view the deal as a risky, high-reward bet on a treatment that’s nearing a possible regulatory approval and could be superior to existing medications.
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Brain drug revival
Psychedelics developer Definium scores more positive data for LSD pill
Results from a late-stage study focused on generalized anxiety disorder were a “clean win” to analysts, who believe Definium has a drug with multibillion-dollar sales potential.
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Immune reset
Boulevard starts up with $65M to pursue targeted autoimmune drugs
Co-founded by pioneering researcher Georg Schett and ex-Sanofi CSO Frank Nestle, the startup is advancing a trio of multifaceted antibodies with the potential to treat several immune diseases.
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Deep Dive // Patent thickets
Drug patents protect pharma profits. Track when they’ll expire.
BioPharma Dive has refreshed its annual list of the expected patent expirations for the world’s best-selling medicines. Many of the top 10 will lose exclusivity this decade.
Updated Aug. 4, 2026 -
Vaccines
Trump signs order seeking to upend childhood vaccine schedule
The executive order — which wasn’t accompanied by any new scientific evidence — aims to split the MMR vaccine into three separate shots and revives the administration’s attempt to slim down the immunization schedule.
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Startup launches
Chasing Dupixent, a biotech aims to make better antibody drugs for eczema
Infinimmune, a California startup, is developing treatments it claims might last longer and be more effective than existing atopic dermatitis medications.
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Sionna cystic fibrosis drug fails key trial, removing threat to Vertex
Sionna’s medicine didn’t have a meaningful additive impact when combined with Vertex’s top-selling Trikafta, surprising analysts and collapsing company shares.
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News roundup
Silence cashes in on ‘differentiated’ data; UK reaffirms support for childhood vaccines
Some analysts believe Silence’s polycythemia vera drug could be superior to a closely watched Takeda medicine. Elsewhere, the FDA spurned a radiopharmaceutical and AbCellera shares climbed to levels not seen since 2023.
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Q&A // Gene editing
Scribe’s Benjamin Oakes on a rare IPO and bringing CRISPR to the masses
The CEO spoke with BioPharma Dive about convincing investors to buy into the first gene editing IPO in more than two years.
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Startup launches
Ex-Legend CEO takes helm at biotech startup scouring the globe for drugs
Ying Huang is now running K2 Therapeutics, which has licensed multiple prospects from China-based biotechs and is searching for more “high-potential” medicines.
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Emerging biotech
Vaderis hauls in $152M to test an AKT-targeting drug
The startup is one of at least a few young companies zeroing in on the rare bleeding disorder, hereditary hemorrhagic telangiectasia, with a more precise AKT blocker.