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Home » Topics » Drugs » Small molecule

Small molecule
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Pills shaded in psychedelic colors

Medibank first to cover psychedelic treatment in Australia

June 25, 2025
By Tamra Sami
No Comments
Australia’s largest health insurance company, Medibank Private Ltd., is the first to reimburse for psychedelic treatment in Australia, funding Emyria Ltd.’s MDMA (3,4-methylenedioxy-methamphetamine) program for post-traumatic stress disorder (PTSD) offered through the Perth Clinic.
Read More
Hands holding gears

Kymera brings on Gilead as partner while Sanofi alters deal

June 25, 2025
By Lee Landenberger
No Comments
Kymera Therapeutics Inc. found itself juggling partnerships by bringing one on board while going to the development bench in another. Kymera and Gilead Sciences Inc. will collaborate on a molecular glue degrader program that targets cyclin-dependent kinase 2 in solid tumors, including breast cancer.
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Hand holding IPO, financial icons

Transthera raises $25M with Hong Kong IPO; stock up 78% on debut

June 24, 2025
By Marian (YoonJee) Chu
No Comments
Transthera Sciences Inc. debuted on the Hong Kong stock exchange June 23 with a HK$200.95 million (US$25.6 million) IPO, becoming the latest in a string of mainland Chinese biopharmaceutical firms to turn to the Hong Kong market for capital.
Read More

Avata, Oceanus partner on cannabidiol for epilepsy, schizophrenia

June 24, 2025
By Tamra Sami
No Comments
Avata Biosciences Holdings Ltd. and Oceanus Bio Inc. have inked a drug discovery and development deal worth up to $95 million for two of Avata’s cannabidiol compounds.
Read More

Drug Farm harvests new immunomodulators with AI-gene editing tech

June 24, 2025
By Marian (YoonJee) Chu
No Comments
Shanghai Yao Yuan Biotechnology Ltd., also known as Drug Farm, is advancing a portfolio of immune-modulating therapies for various indications including hepatitis B virus, hepatocellular cancer and a relatively new rare genetic disease called ROSAH, an acronym for retinal dystrophy, optic nerve edema, splenomegaly, anhidrosis, and headache.
Read More
Hand holding IPO, financial icons

Transthera raises $25M with Hong Kong IPO; stock up 78% on debut

June 23, 2025
By Marian (YoonJee) Chu
No Comments
Transthera Sciences Inc. debuted on the Hong Kong stock exchange June 23 with a HK$200.95 million (US$25.6 million) IPO, becoming the latest in a string of mainland Chinese biopharmaceutical firms to turn to the Hong Kong market for capital.
Read More
Mental illness art concept

Compass Pathways succeeds in phase III depression study; stock slides

June 23, 2025
By Lee Landenberger
No Comments
Hitting the primary endpoint on Compass Pathways plc’s Comp005 study of synthetic psilocybin, which the company billed as the first classic psychedelic to report phase III efficacy data, produced only a shrug from investors.
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Drug Farm harvests new immunomodulators with AI-gene editing tech

June 20, 2025
By Marian (YoonJee) Chu
No Comments
Shanghai Yao Yuan Biotechnology Ltd., also known as Drug Farm, is advancing a portfolio of immune-modulating therapies for various indications including hepatitis B virus, hepatocellular cancer and a relatively new rare genetic disease called ROSAH, an acronym for retinal dystrophy, optic nerve edema, splenomegaly, anhidrosis, and headache.
Read More

Avata, Oceanus partner on cannabidiol for epilepsy, schizophrenia

June 18, 2025
By Tamra Sami
No Comments
Avata Biosciences Holdings Ltd. and Oceanus Bio Inc. have inked a drug discovery and development deal worth up to $95 million for two of Avata’s cannabidiol compounds.
Read More

Cheering Immuneering, Street hopes high in pancreatic

June 18, 2025
By Randy Osborne
No Comments
Immuneering Corp.’s phase IIa data from an ongoing trial in pancreatic cancer disclosed June 17 impressed Wall Street and brought renewed attention to the perennially difficult indication, at which drug developers continue to fling themselves with varied mechanisms.
Read More
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