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BioWorld - Tuesday, April 21, 2026
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Financings for May 16, 2025

May 16, 2025
Biopharmas raising money in public or private financings, including: Atara, Aura, Pathos, Silo.
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Appointments and advancements for May 16, 2025

May 16, 2025
New hires and promotions in the biopharma industry, including: BRC, Cellarity, GT, Janux.
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Acquisition puzzle

Biomarin snags potential ‘first-in-disease’ ERT in $270M Inozyme buy

May 16, 2025
By Jennifer Boggs
No Comments
It’s been a big week for Inozyme Pharma Inc. On the heels of a promising interim readout for phase III-stage enzyme replacement therapy (ERT) candidate INZ-701 in ENPP1 deficiency, the firm agreed to be acquired by Biomarin Pharmaceuticals Inc. in a deal valued at about $270 million, putting the rare disease ERT in the hands of an experienced commercial team.
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Therini Bio locks in another $39M for its fibrin-targeting immunotherapies

May 16, 2025
By Brian Orelli
No Comments
Therini Bio raised an additional $39 million in its series A financing round, bringing the total for the round to $75 million. The capital will be used to advance its fibrin-targeting immunotherapies for neurodegenerative diseases.
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Handshake in office setting

Female C-suite representation stalling, says BIA report

May 16, 2025
By Nuala Moran
No Comments
Even before the Trump administration’s executive order wiping out the concept of diversity, equity and inclusion, the statistics on female representation in the biotech industry painted a story of stagnating progress. But for Jane Wall, managing director of the U.K. Bioindustry Association (BIA), the available statistics also begged a question: Where was the U.K. specific data that could inform attempts to change things? There was “much frustration around stats being recycled without context or background – and very little our community could relate to,” Wall said.
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Stock chart, red down arrow
Index insights

Drug developer stocks fall as companies navigate clinical roadblocks

May 16, 2025
By Amanda Lanier
No Comments
The BioWorld Drug Developers Index underperformed both the Nasdaq Biotechnology Index (NBI) and the Dow Jones Industrial Average (DJIA) throughout February and March. However, it showed some recovery by the end of April, finishing the month down 4.67%, slightly worse than the DJIA’s 4.41% decline. The NBI ended April slightly up from both, with a year-to-date drop of 1.16%.
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Zynyz

Incyte adds more FDA approvals for Zynyz in cancer

May 16, 2025
By Lee Landenberger
No Comments
Incyte Corp.’s Zynyz (retifanlimab-dlwr) has received another U.S. FDA approval and put some distance between it and a 2021 complete response letter. The FDA gave the humanized monoclonal antibody targeting PD-1 the nod for first-line treatment of adults with inoperable locally recurrent or metastatic squamous cell carcinoma of the anal canal. That makes it the only approved first-line treatment for this cancer.
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Nephrology

ASGCT 2025: Overcoming kidney complexity in gene and cell therapy

May 16, 2025
By Mar de Miguel
No Comments
Gene and cell therapies (GCTs) can target the kidney to treat congenital, acute or chronic diseases affecting this organ. However, its complex structure poses a challenge for these technologies. To be precise and effective in the long term, new approaches should circumvent the specificities of renal tissue, with novel methods of delivery and gene transfer to offer new therapeutic options for patients who lack them.
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Other news to note for May 15, 2025

May 15, 2025
Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Acelyrin, Allogene, Alumis, Atara, Bluebird, Boehringer Ingelheim, Lava, Tempus AI.
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Financings for May 15, 2025

May 15, 2025
Biopharmas raising money in public or private financings, including: Bonus Biogroup, CNS, HCW, Therini.
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