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BioWorld - Wednesday, June 3, 2026
Home » Topics » Drugs » Small molecule

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Brain with handshake and cityscape

Otsuka to acquire PTSD drugmaker Transcend in $1.2B deal

March 31, 2026
By Marian (YoonJee) Chu
No Comments
Otsuka Pharmaceutical Co. Ltd. is taking a neuroplastogen approach to posttraumatic stress disorder (PTSD) through its planned $1.22 billion acquisition of Transcend Therapeutics Inc. The deal gives Tokyo-headquartered Otsuka access to Transcend’s lead asset, TSND-201, an oral neuroplastogen that has begun patient recruitment for a phase III study in the U.S.
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Seo Jin-seok of Celltrion (right) with Ko Kwang-pyo of Kobiolabs (left)

Korea roundup: Alteogen, Celltrion lead biotech deals

March 31, 2026
By Marian (YoonJee) Chu
No Comments
Subcutaneous formulation technology, microbiomes and oncological assets drove dealmaking in South Korea’s biotech sector this week. 
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3D illustration of heart cross section

Braveheart finds phase II positive for cardiac myosin inhibitor

March 31, 2026
By Marian (YoonJee) Chu
No Comments
Braveheart Bio Inc. reported positive results from an open-label randomized phase II dose-ranging study of BHB-1893 (HRS-1893) in obstructive hypertrophic cardiomyopathy. Results presented at the American College of Cardiology’s Annual Scientific Session and Expo in New Orleans showed BHB-1893 treatment was associated with rapid and substantial reductions in left ventricular outflow tract gradient, the primary endpoint of the study.
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US FDA says no, again, to Vanda’s tradipitant in gastroparesis

March 31, 2026
By Mari Serebrov
No Comments
The U.S. path forward is narrowing for Vanda Pharmaceuticals Inc.’s tradipitant as a treatment for gastroparesis, a serious disorder for which there’s been no new treatment in several decades.
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Handshake with charts, maps, data

Highly complementary Biogen pays $5.6B; who’s jealous of Apellis?

March 31, 2026
By Randy Osborne
No Comments
Biogen Inc. hardly blinked at the competition faced by Apellis Pharmaceuticals Inc. as the two companies sealed a deal whereby the former has agreed to acquire all outstanding shares of the latter for $41 each, or about $5.6 billion.
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Brain with clock hands, day and night background

Lilly shifts from obesity to narcolepsy with $7.8B Centessa buy

March 31, 2026
By Karen Carey
No Comments
Eli Lilly and Co. plans to buy Centessa Pharmaceuticals plc for $6.3 billion in up-front cash and another potential $1.5 billion through contingent value rights, gaining access to a pipeline of orexin receptor 2 agonists for sleep disorders. The Indianapolis-based pharma is re-entering a field that has multibillion-dollar potential and one that could emulate the success seen with its obesity program. Centessa, of Boston and London, has a lead candidate, cleminorexton (formerly ORX-750), with positive phase IIa data in narcolepsy types 1 and 2 and idiopathic hypersomnia.
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Brain with handshake and cityscape

Otsuka to acquire PTSD drugmaker Transcend in $1.2B deal

March 30, 2026
By Marian (YoonJee) Chu
No Comments
Otsuka Pharmaceutical Co. Ltd. is taking a neuroplastogen approach to posttraumatic stress disorder (PTSD) through its planned $1.22 billion acquisition of Transcend Therapeutics Inc. The deal gives Tokyo-headquartered Otsuka access to Transcend’s lead asset, TSND-201, an oral neuroplastogen that has begun patient recruitment for a phase III study in the U.S.
Read More
Pill in immersive interface

Lilly taps Insilico AI in $2.75B deal to expand pipeline options

March 30, 2026
By Tamra Sami
No Comments
Eli Lilly and Co. is deepening its investment in artificial intelligence-driven drug discovery through a multibillion-dollar expansion of its collaboration with Hong-Kong listed Insilico Medicine Inc. in a move that could broaden its reach into next-generation metabolic therapies.
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Tyvaso nebulizer

United’s Tyvaso nails endpoints in second phase III IPF trial

March 30, 2026
By Jennifer Boggs
No Comments
United Therapeutics Corp. is eyeing a possible priority review in its anticipated supplemental NDA for Tyvaso (treprostinil) in idiopathic pulmonary fibrosis (IPF) after the second phase III trial hit its endpoints, even besting the impressive findings from the first phase III study reported last year, and positioning United for a substantial commercial launch in 2027.
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DNA illustration

INHBE inhibitions? Data from Wave send ripples

March 27, 2026
By Randy Osborne
No Comments
The debated and ultimately stock-denting March 26 news from Wave Life Sciences Inc. pushed into the spotlight other firms working with INHBE and activin E.
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