Finance Watch: Alternative Funding Agreements Abound, From Small To Large Biopharma

 
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Public Company Edition: Some firms – including Johnson & Johnson and Opus Genetics – are pursuing funding alternatives, including royalty financings and other options, while Celldex raised $345m from a straightforward follow-on offering.

Roche And C4 Expand Alliance Into Degrader-Antibody Conjugate Work

 
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Partnered since 2016 on targeted protein degradation, Roche and C4 now will combine technologies and capabilities to develop DAC therapeutics for cancer.

Assertio Agrees To Buyout By Garda Therapeutics

 

The company will also sell nearly all of its marketed assets, except the drug Rolvedon, to Cosette Pharmaceuticals, including Sympazan for Lennox-Gastaut syndrome.

Executives On The Move: Orion Gets Senior Executive From Johnson & Johnson

Recent changes in the industry include internal moves at Takeda, Moderna, Gilead Sciences and Bayer, plus Proxygen gets a new CSO from Blueprint Medicines.


Another One Bites The Dust: Iterum Shuts Shop As Antibiotic Woes Drag On

 

High post-approval costs, weak returns and low initial uptake continue to weigh on antibiotics.

US 100% Tariffs Loom Over Approved Chinese Innovative Drugs

 

Under the new US tariff regime on imported pharmaceuticals, it’s unclear whether or how steep the extra duties may be on six Chinese innovative drugs that have been approved by the US FDA since 2023.

Outgoing PhRMA CEO Ubl Fought, Shaped Policies and Politics Around Price Controls

 
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Ubl notched wins and losses on drug pricing reform during his more than 10 years at the trade association.

Shionogi Gets $119m Fetroja Purchase Commitment From BARDA

 
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Under its Project BioShield program, BARDA could buy up to $482m of the antibiotic for infections caused by Gram-negative pathogens including pneumonia and urinary tract infections.


Shah Capital Blasts Novavax Strategy In New Letter To Board

 

The hedge fund said it plans to vote against the vaccine maker’s board nominees and criticized what it called insufficient cost-cutting by the company.

Finance Watch: Three VC Mega-Rounds Already In April For Syneron, Sidewinder, Stipple

 
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Private Company Edition: Syneron completed a $150m series B round, Sidewinder raised $137m in series B cash and Stipple Bio came out of stealth mode with $100m in series A funding. Also, BSM Biotech Holding launched in Germany to create IND-ready start-ups.

Brinsupri’s Resounding HS Failure Won’t Hold Insmed Back

 

Low expectations of success in hidradenitis suppurativa and growth in its established indication mean Brinsupri’s Phase II trial miss is unlikely to concern investors too much.

India’s High-Stakes Oral Semaglutide Battle And Novo’s ‘SNAC’ Test

 

The battle royale for semaglutide dominance in India continues with court action expected to play out later this month pertaining to the oral version of Novo’s GLP-1 receptor agonist which appears to have the carrier molecule SNAC as the key infringement trigger against Torrent and Dr Reddy's.


Licensing Deal For Progeria Drug Could Benefit Zydus In More Ways Than One

 
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Zydus Lifesciences’ previously announced licensing of Korean firm PRG’s Progerinin might not just add to its drug portfolio but also might be a positive given the recently announced US pharma tariffs and exemptions

Deal Watch: M&A Pace Accelerated In March, With Continued Robust Activity In April

 

Including deals involving Biogen/Alloy, Halozyme/Vertex, NEC/Transgene, Jazz/Ohara, Aurinia/Kezar, AbClon/Chong Kun Dang, Almirall/Huaota and more.

Gilead’s 2026 Shopping Spree Continues With Tubulis Buyout

 

The company said the acquisition of Tubulis, with which it has collaborated since late 2024, would help it build leadership in oncology.

Praxis Adds To Neuroscience Momentum With Epilepsy Trial Success

 

Elsunersen significantly reduced seizures in children with an inherited epilepsy condition, bolstering Praxis’ hopes of building a multi-billion dollar neuroscience portfolio.


Stock Watch: War! What Is It Good For?

 
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The trade wars of 2025 resulted in dollar weakness, which boosted revenues of global pharma companies reporting in other currencies. But the different war in the Middle East this year may reverse that advantage and benefit US pharma companies in their first-quarter results.

Sanofi’s Lunsekimig Delivers In Respiratory Phase II Studies, Misses In Dermatitis

 

Sanofi reported mixed Phase II results for lunsekimig, with positive data from a pair of respiratory disease trials and a miss in atopic dermatitis, while analysts continue to anchor expectations on its late-stage development in asthma and related indications.

Venture Funding Keeps A Steady Pace In Q1

 
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At $7.94bn, the first quarter of 2026 fell only slightly below the $8.04bn in venture capital raised by biopharma companies in Q4 of 2025, which was the biggest quarter in years.

Five More Things To Know About Neurocrine’s $2.9bn Bid For Soleno

 
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Building a portfolio led by three first-in-class potential blockbuster products drove Neurocrine’s willingness to pay a premium to get Vykat XR, which may not face any imminent competition.