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Flagship Pioneering Nurtures Unique Start-Ups Until They Can Take Wing

 
• By Sten Stovall

Flagship Pioneering founder and CEO Noubar Afeyan says "watch this space" for another new start-up financing after Evelo Biosciences' successful $50m raising.

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Flagship Pioneering Says It Holds On To Startups "Until They Can Fly" • Source: Shutterstock

Life sciences investor Flagship Pioneering says the successful fund raising this month by home-grown Evelo Biosciences Inc. further validates its business model to create, nurture then launch first-in-category biotech platforms.

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Finance Watch: Investors Push ESSA Pharma, Elevation Oncology To Wind Down

 
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Restructuring Edition: ESSA and Elevation are reviewing strategic alternatives after trial failures, but each has an investor urging them to liquidate. Also, Third Harmonic and Vincerx are winding down, while Keros and Tempest are assessing options, but Opthea and OPM are cutting jobs.

Finance Watch: Biopharma Sees An Early April VC Mega-Round Surge

 
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Private Company Edition: After Q1 venture capital investment slumped relative to 2024 totals due to declines in both smaller financings and mega-rounds, Q2 started off with six $100m-plus financings in the first half of April after there were only three in February and six in all off March.

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Alis Biosciences Launches To Free Cash From Stalled-Out Biotechs

 
• By Mandy Jackson

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Top-Selling Drugs 2024: Keytruda, Ozempic And Dupixent Dominate

 
• By Eleanor Malone

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Quick Listen: Scrip’s Five Must-Know Things

 
• By Ian Haydock

In this week's episode: Trump’s drug pricing executive order; J&J says taxes, not tariffs, influence US manufacturing; Pfizer discontinuation sparks M&A speculation; US tariffs and manufacturing concentration; and tariffs’ pressures on pharma’s complex supply chain.