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BioWorld - Friday, June 20, 2025
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Home » Topics » BioWorld, Analysis and data insight

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Multiple myeloma illustration

Cullinan deals $712M to test Genrix bispecific TCE in autoimmune

June 12, 2025
By Marian (YoonJee) Chu
No Comments
Cullinan Therapeutics Inc. swept up ex-China rights to a multiple myeloma (MM)-targeting BCMAxCD3 bispecific T-cell engager (TCE) velinotamig from Chongqing Genrix Biopharmaceutical Co. Ltd. via a potential $712 million deal June 4. The plan is to repurpose the cancer drug to autoimmune disease.
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Red and blue bispecific antibodies

3Sbio revs on with phase II data in tight PD-1/VEGF bispecific race

June 11, 2025
By Marian (YoonJee) Chu
No Comments
3Sbio Inc. reported interim phase II study results of its PD-1/VEGF bispecific antibody, SSGJ-707 – a “fabulous” asset, according to Pfizer Inc. CEO Albert Bourla, that landed in Pfizer’s cancer arsenal via a potential $6 billion deal in May, of which $1.2 billion was paid up front.
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Handshake with cityscape

Ligachem inks two mystery ADC deals with CSPC subsidiary Novarock

June 10, 2025
By Marian (YoonJee) Chu
No Comments
Ligachem Biosciences Inc. signed two license agreements with Novarock Biotherapeutics Inc., a subsidiary of CSPC Pharmaceutical Group Ltd., to bring in two of Novarock’s antibodies and create antibody-drug conjugate (ADC) candidates with novel cancer targets.
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Biggest gainers and losers for June 2-6, 2025

June 9, 2025
The top 10 biopharma stock gainers and losers for the week.
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Money raised by biopharma

June 6, 2025
Total raised in public, private and other financings of biopharma companies, comparing 2019-2024.
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Biopharma money raised: Jan. 1-June 5, 2025

June 6, 2025
Year-to-date money raised in public, private and other financings of biopharma companies.
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BioWorld and Nasdaq stock indices

June 6, 2025
These graphs compare the performance of the biotech stocks for all of 2025 using the BioWorld Stock Indicator and the Nasdaq Biotech Index.
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Biopharma money raised by month in 2025 (US$M)

June 6, 2025
Biopharma money raised to-date and by month in 2023, including public, private and other financings.
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Coin stacks, dollar signs and up arrow
Biopharma financings May 2025

Biopharma financings rise to $5.55B in May, with VC deals at $1.83B

June 6, 2025
By Amanda Lanier
No Comments
Biopharma financings totaled $21.38 billion through May 2025, down sharply from $62.57 billion during the same period in 2024, but roughly in line with levels seen in 2023 and 2022. Biopharma companies raised $5.55 billion in May, more than doubling the $2.4 billion raised in April.
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Falling digital graph
Index insights

Alnylam, Incyte and GSK led biopharma gains amid earnings volatility

June 6, 2025
By Amanda Lanier
No Comments
The BioWorld Biopharmaceutical Index extended its downward trend over April and May, closing the latter month down 6.47% after reaching a peak gain of 9.64% at the end of February. The Nasdaq Biotechnology Index followed a similar trajectory, finishing May with a 5.37% decline. Meanwhile, the Dow Jones Industrial Average dipped through April but rebounded slightly in May, ending the month down 0.64%.
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