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BioWorld - Monday, January 5, 2026
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Cancer blood test maker Freenome going public with $330M SPAC

Dec. 5, 2025
By Holland Johnson
Freenome Holdings Inc. reported it is going public via a special purpose acquisition company. The company said it expects to raise $330 million, which it plans to use for the 2026 launch of its blood-based screening tests for multiple cancers. Backed by an affiliate of Perceptive Advisors - Perceptive Capital Solutions Corp. (PCSP) – and joined by RA Capital, the arrangement includes a commitment of $240 million in equity investments plus about $90 million more held by the SPAC’s trust fund. Other notable investors, including ADAR1 Capital, Bain Capital Life Sciences, and Farallon Capital Management have signed on to participate in the deal.

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3D Euro symbol
Immuno-oncology

Laigo raises €11.5M seed money for targeted protein degradation

Dec. 5, 2025
By Nuala Moran
No Comments
Laigo Bio BV has raised €11.5 million (US$13.7 million) in a seed round for the further development of a new approach to inducing targeted protein degradation by E3 ubiquitin ligases.
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Illustration of motor neuron connecting to muscle fiber
Neurology/psychiatric

Research grants support early clinical trials of ALS treatments

Dec. 5, 2025
No Comments
The ALS Association has announced the recipients of its 2025 Hoffman ALS Clinical Trial Awards. These research grants, worth up to $1 million each, support early-phase trials that generate critical data to accelerate the development of new amyotrophic lateral sclerosis (ALS) treatments.
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Financings for Dec. 4, 2025

Dec. 4, 2025
Biopharmas raising money in public or private financings, including: Auxilius, Iolyx, Junevity, Triana.
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3D Euro symbol
Newco news

Laigo raises €11.5M seed money for targeted protein degradation

Dec. 4, 2025
By Nuala Moran
No Comments
Laigo Bio BV has raised €11.5 million (US$13.7 million) in a seed round for the further development of a new approach to inducing targeted protein degradation by E3 ubiquitin ligases.
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Aimedbio IPO

Aimedbio debuts with $48M Kosdaq IPO

Dec. 4, 2025
By Marian (YoonJee) Chu
No Comments
Aimedbio Inc. raised ₩70.73 billion (US$48.24 million) in its Dec. 4 IPO, marking the largest Kosdaq listing this year.
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Evoke SCS system

Saluda to expand spinal cord stimulation market in AU$231M IPO

Dec. 4, 2025
By Tamra Sami
Saluda Medical Pty Ltd. announced a AU$231 million ($152.7 million) initial public offering on the Australian Securities Exchange to scale up its U.S. footprint for its Evoke spinal cord simulation system for chronic pain.
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Illustration of glucose molecules in a bloodstream
Endocrine/metabolic

Junevity raises funds to advance siRNA metabolism program

Dec. 4, 2025
No Comments
Junevity Inc. has raised $10 million in new funding, bringing its seed financing to a total of $20 million. The new funding will enable Junevity to advance JUN-01, its lead siRNA program for type 2 diabetes and obesity, through IND-enabling and initial clinical studies.
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Gold dollar sign inside gold cog
Cancer

Series B financing supports Triana’s molecular glue degraders

Dec. 4, 2025
No Comments
Triana Biomedicines Inc. has closed an oversubscribed $120 million series B financing round to advance its molecular glue degrader pipeline.
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Financings for Dec. 3, 2025

Dec. 3, 2025
Biopharmas raising money in public or private financings, including: Axoltis, Belite, Biper, Hemostemix, Kazia, Pasithea.
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