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Financings for June 30, 2025

June 30, 2025
Biopharmas raising money in public or private financings, including: Achieve, Bausch + Lomb, Cidara, Cormedix, Kymera, Lyra.
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Appointments and advancements for June 30, 2025

June 30, 2025
New hires and promotions in the biopharma industry, including: Qiagen.
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Biggest gainers and losers for June 23-27, 2025

June 30, 2025
The top 10 biopharma stock gainers and losers for the week.
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ICYMI: Week in review, June 23-27, 2025

June 30, 2025
A quick look back at top stories.
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Appeals court refuses to sing Jazz tune

June 30, 2025
By Mari Serebrov
No Comments
Weighing in on the marketing exclusivity provided by the Orphan Drug Act, the U.S. Court of Appeals for the District of Columbia Circuit said the FDA didn’t act beyond its statutory authority when it approved Avadel CNS Pharmaceuticals plc’s narcolepsy drug, Lumryz, for marketing during the exclusivity period granted to Jazz Pharmaceuticals plc’s Xywav, even though both drugs contained the same active ingredient, sodium oxybate, and were approved for the same disease or condition.
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Syringe in front of Moderna logo

With new flu data, Moderna reconsiders its COVID combo

June 30, 2025
By Lee Landenberger
No Comments
Solid phase III efficacy results for Moderna Inc.’s seasonal influenza vaccine, mRNA-1010, may lead the company to resubmit a BLA for a flu/COVID-19 combo shot it has been developing. The top-line data showed Moderna’s flu vaccine produced a superior relative efficacy that was 26.6% higher than a comparator standard-dose seasonal influenza vaccine in people ages 50 and older.
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UK launches pharmacogenomics project targeting GLP-1s

June 30, 2025
By Nuala Moran
No Comments
The increased use of GLP-1 receptor agonists has led on to an increase in reports of acute pancreatitis in people taking these weight loss drugs in the U.K. That has prompted the launch of a pharmacogenomics project to investigate if there are any genetic links underlying the occurrence of this adverse event.
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Mazdutide injection device and product packaging

China clears mazdutide as first dual GCG/GLP-1RA for weight loss

June 30, 2025
By Marian (YoonJee) Chu
No Comments
Innovent Biologics Inc. announced June 27 that it gained National Medical Products Administration’s (NMPA) approval of mazdutide as a new weight loss therapy for obese or overweight patients in China. Mazdutide is a dual glucagon/glucagon-like peptide-1 (GCG/GLP-1) receptor agonist originally discovered by Eli Lilly and Co., of Indianapolis.
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Abbvie adds to in vivo CAR T efforts via $2.1B Capstan buy

June 30, 2025
No Comments
Abbvie Inc. is shelling out up to $2.1 billion to acquire CAR T player Capstan Therapeutics Inc., gaining rights to a phase I-stage program targeting CD19 as well as an in vivo cell engineering platform. The announcement comes on the heels of recently published data detailing Capstan’s delivery approach using targeted lipid nanoparticles (tLNPs) and marks Abbvie’s latest foray into the CAR T space.
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Elderly hands holding broken brain structure

Xpro phase II miss as Inmune’s Mindful tunes in to AD subgroup

June 30, 2025
By Randy Osborne
No Comments
Inmune Bio Inc. claimed a phase II win with TNF inhibitor Xpro (pegipanermin) in early Alzheimer’s disease (AD), though the study missed its primary and secondary endpoints, leading shares of the firm (NASDAQ:INMB) to close at $2.16, down $3.18, or almost 60%.
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