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Systematic, data-driven science coverage · Monday, October 12, 2026
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EC revokes Hansoh’s aumolertinib approval over data protection breach
Regulatory & Policy

EC revokes Hansoh’s aumolertinib approval over data protection breach

The European Commission has revoked the EU marketing authorization for China-based Hansoh Pharmaceutical Group Company Limited’s (HKEX: 3692) aumolertinib...

5d ago
Celularity raises USD 10m in first tranche of USD 28m recapitalization
Business

Celularity raises USD 10m in first tranche of USD 28m recapitalization

New Jersey-based Celularity Inc. (Nasdaq: CELU) has closed an initial tranche of a private placement of senior secured convertible notes and warrants,...

Sep 28
Ligand backs AvenCell CAR-T pipeline with up to USD 47m
Business

Ligand backs AvenCell CAR-T pipeline with up to USD 47m

Florida-based Ligand Pharmaceuticals (Nasdaq: LGND) has entered a financing agreement with Massachusetts-based AvenCell Therapeutics worth up to USD 47...

5d ago
Scancell secures USD 25m debt facility from BlackRock to fund iSCIB1+ Phase III melanoma trial
Business

Scancell secures USD 25m debt facility from BlackRock to fund iSCIB1+ Phase III melanoma trial

UK-based Scancell Holdings plc (AIM: SCLP) has secured a loan facility of up to USD 25 million from funds and accounts managed by BlackRock to fund the...

Sep 28
Indivior exits Addex partnership, returns GABAB portfolio rights
Business

Indivior exits Addex partnership, returns GABAB portfolio rights

Geneva-based Addex Therapeutics (Nasdaq: ADXN) has regained full global rights to its GABAB positive allosteric modulator (PAM) portfolio from UK-based...

5d ago
BigHat Bio raises USD 75m Series C as AI-designed protein therapeutics advance
Business

BigHat Bio raises USD 75m Series C as AI-designed protein therapeutics advance

San Mateo, California-based BigHat Biosciences has raised USD 75 million in a Series C financing to advance its clinical-stage pipeline of AI-designed...

5d ago
Merck, Eisai win FDA approval for Welireg-Lenvima in advanced RCC
Regulatory & Policy

Merck, Eisai win FDA approval for Welireg-Lenvima in advanced RCC

Merck and Eisai announced US FDA approval of Welireg (belzutifan) plus Lenvima (lenvatinib) for adults with advanced renal cell carcinoma with a clear cell...

5d ago
Novo licenses Nanexa's long-acting injectable platform for obesity and diabetes drugs
Business

Novo licenses Nanexa's long-acting injectable platform for obesity and diabetes drugs

Uppsala, Sweden-based Nanexa AB (STO: NANEXA) has entered a global exclusive license and collaboration agreement with Novo Nordisk covering use of its...

5d ago
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Proteomic study finds divergent biological responses to lecanemab treatment
Development

Proteomic study finds divergent biological responses to lecanemab treatment

A longitudinal cohort study published in The Lancet Neurology and using Alamar Biosciences (Nasdaq: ALMR) proteomics technology has found that patients with...

5d ago
XtalPi files first proprietary IND for gut-restricted pan-TRK inhibitor KQTD-126
Regulatory & Policy

XtalPi files first proprietary IND for gut-restricted pan-TRK inhibitor KQTD-126

XtalPi (HKEX: 2228), a Boston- and Shenzhen-based AI and robotics-driven drug discovery company, submitted an Investigational New Drug application to the US...

5d ago
Lundbeck relocates US headquarters to Greater Boston for innovation hub
Business

Lundbeck relocates US headquarters to Greater Boston for innovation hub

H. Lundbeck A/S will relocate its US headquarters from Deerfield, Illinois, to Greater Boston, Massachusetts, where the Danish drugmaker plans to establish...

5d ago
SystImmune clears FDA IND for SI-B037 bispecific using NAM-based toxicology package
Regulatory & Policy

SystImmune clears FDA IND for SI-B037 bispecific using NAM-based toxicology package

Redmond, Washington-based SystImmune, the US subsidiary of Chengdu-based Sichuan Biokin Pharmaceutical, received US FDA clearance of an investigational new...

5d ago
Elevar wins FDA approval for FGFR2 inhibitor Lyrfigtu
Regulatory & Policy

Elevar wins FDA approval for FGFR2 inhibitor Lyrfigtu

Elevar Therapeutics announced US FDA approval of Lyrfigtu (lirafugratinib), an oral FGFR2 inhibitor for adults with previously treated, unresectable,...

5d ago
Lilly wins FDA approval for once-weekly basal insulin Onswik
Regulatory & Policy

Lilly wins FDA approval for once-weekly basal insulin Onswik

Eli Lilly and Company announced US FDA approval of Onswik (insulin efsitora alfa-gobe), a once-weekly basal insulin indicated alongside diet and exercise to...

5d ago
Viking Therapeutics raises USD 500m to advance VK2735 obesity program
Business

Viking Therapeutics raises USD 500m to advance VK2735 obesity program

San Diego-based Viking Therapeutics (Nasdaq: VKTX) priced a concurrent public offering of common stock and convertible senior notes totalling USD 500...

5d ago