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BioWorld - Thursday, February 12, 2026
Home » Topics » Drugs » Small molecule

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IPO, coins, financial chart

Genfleet raises $234M with Hong Kong IPO

Sep. 23, 2025
By Marian (YoonJee) Chu
No Comments
Genfleet Therapeutics (Shanghai) Inc. debuted on the Hong Kong Stock Exchange on its second attempt at an IPO, raising HK$1.819 billion (US$234 million). Genfleet’s shares (HKEX:2595) rose to HK$44.00 at the opening bell on Sept. 19 and closed at HK$42.10, about 106% higher than the listing price.
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Stealth wins US FDA approval of first Barth syndrome drug

Sep. 22, 2025
By Karen Carey
No Comments
After a long regulatory road that included a complete response letter in May, Stealth Biotherapeutics Inc. finally got its Barth syndrome drug across the finish line, with the U.S. FDA granting accelerated approval to Forzinity (elamipretide HCl) to improve muscle strength in those with the ultra-rare pediatric mitochondrial cardioskeletal disease.
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IPO, coins, financial chart

Genfleet raises $234M with Hong Kong IPO

Sep. 19, 2025
By Marian (YoonJee) Chu
No Comments
Genfleet Therapeutics (Shanghai) Inc. debuted on the Hong Kong Stock Exchange on its second attempt at an IPO, raising HK$1.819 billion (US$234 million). Genfleet’s shares (HKEX:2595) rose to HK$44.00 at the opening bell on Sept. 19 and closed at HK$42.10, about 106% higher than the listing price.
Read More
Silhouette of person walking with a cane

Roivant, Priovant plan NDA on positive dermatomyositis data

Sep. 17, 2025
By Jennifer Boggs
No Comments
With positive phase III results in hand, Roivant Sciences Ltd. and Priovant Therapeutics Inc. anticipate an NDA filing in the first half of 2026, seeking approval for brepocitinib, a dual inhibitor of tyrosine kinase 2 and JAK1, in dermatomyositis, a rare autoimmune disease with limited treatment options.
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Lungs with alveoli

Areteia’s dexpramipexole phase III win in eosinophilic asthma

Sep. 16, 2025
By Karen Carey
No Comments
Three-year-old Areteia Therapeutics Inc. hit the primary endpoint in its Exhale-4 phase III study of dexpramipexole for eosinophilic asthma, bringing the oral small molecule one step closer to the U.S. market, where it could challenge currently approved injectable anti-IL-5/5R biologics.
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3D rendering of a molecular glue mediating the interaction between two proteins
Immune

Monte Rosa, Novartis stick together in new $5.7B deal

Sep. 16, 2025
By Lee Landenberger
No Comments
In its second deal with Novartis AG of the past 11 months, Monte Rosa Therapeutics Inc. is getting $120 million up front to collaborate on developing molecular glue degraders to treat immune-mediated diseases. The agreement could swell to $5.7 billion for Monte Rosa.
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3D rendering of a molecular glue mediating the interaction between two proteins

Monte Rosa, Novartis stick together in new $5.7B deal

Sep. 15, 2025
By Lee Landenberger
No Comments
In its second deal with Novartis AG of the past 11 months, Monte Rosa Therapeutics Inc. is getting $120 million up front to collaborate on developing molecular glue degraders to treat immune-mediated diseases. The agreement could swell to $5.7 billion for Monte Rosa.
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Colorized scanning electron micrograph of human respiratory syncytial virus.
Infection

CSPC’s SYH-2066 gains trial clearance in China for RSV

Sep. 15, 2025
No Comments
CSPC Pharmaceutical Group Ltd.’s SYH-2066 tablets has obtained clearance from China’s National Medical Products Administration (NMPA) to enter clinical trials for respiratory infections caused by respiratory syncytial virus (RSV).
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Infection

Merck’s MK-8527 enables long-acting HIV-1 prevention

Sep. 15, 2025
No Comments
Nucleoside reverse transcriptase translocation inhibitors (NRTTIs) are a novel class of antiretroviral agents that inhibit HIV replication by targeting the viral reverse transcriptase enzyme and specifically blocking its translocation step during DNA synthesis, a critical process in the viral replication cycle.
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Intercept’s Ocaliva pulled from US market, placed on clinical hold

Sep. 11, 2025
By Jennifer Boggs
No Comments
When it won U.S. FDA accelerated approval more than eight years ago, Intercept Pharmaceuticals Inc.’s Ocaliva (obeticholic acid) was viewed as a breakthrough, becoming the first new treatment in 20 years for rare, progressive liver disease primary biliary cholangitis (PBC) and, for several years, the only second-line treatment for PBC patients failing to respond to ursodeoxycholic acid. More recently, however, Ocaliva has faced regulatory and safety stumbles, with Intercept now voluntarily pulling the farnesoid X receptor activator from the U.S. market.
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