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BioWorld - Saturday, March 7, 2026
Breaking News: Trump administration impacts continue to roil the life sciences sectorBreaking News: Trump administration impacts continue to roil the life sciences sector
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3D dollar sign

Ascletis raises $107M to advance oral GLP-1 to phase III trials

Feb. 24, 2026
By Tamra Sami
No Comments
Ascletis Pharma Inc. raised HK$843.53 million (US107.93 million) in a placement on the Hong Kong Stock Exchange to advance its lead program, ASC-30, a small-molecule glucagon-like peptide-1 (GLP-1) receptor agonist that can be dosed once monthly subcutaneously and once daily orally for treating obesity.
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Takeda’s oral narcolepsy drug steps closer to FDA approval

Feb. 24, 2026
By Marian (YoonJee) Chu
No Comments

The U.S. FDA accepted, with priority review, Takeda Pharmaceutical Co. Ltd.’s NDA submission for oveporexton (TAK-681), bringing the oral orexin receptor 2 agonist closer to clearance in narcolepsy type 1.


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Madrigal adds siRNA approach to MASH pipeline in $4.4B Ribo deal

Feb. 24, 2026
No Comments
Continuing to build on the successful launch of Rezdiffra (resmetirom), Madrigal Pharmaceuticals Inc. is adding six preclinical-stage siRNA therapies to its metabolic dysfunction-associated steatohepatitis (MASH) pipeline in a deal with Ribo Life Science Co. Ltd. and its subsidiary, Ribocure Pharmaceuticals AB, that could be worth $4.4 billion if all milestones are achieved.
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Interleukin 17 (IL-17)
Newco news

Quantx raises $85M to advance oral immunology drugs

Feb. 24, 2026
By Tamra Sami
No Comments
After closing an oversubscribed $85 million series B round, Quantx Biosciences Inc. is gearing up to begin clinical trials of its two lead immunology compounds, a STAT6 oral small-molecule inhibitor and an IL-17 oral small-molecule inhibitor.
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Silhouette of child and brain

Australia launches world-first pediatric mRNA brain cancer trial

Feb. 24, 2026
By Tamra Sami
No Comments
A world-first pediatric mRNA cancer vaccine trial is launching in Australia that could open new possibilities for children with aggressive brain tumors.
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3D illustration of a chain of amino acid or biomolecules called protein
Newco news

Omnigeniq’s journey from space science to drug design

Feb. 24, 2026
By Tamra Sami
No Comments
A project that started as a bioreactor to assist astronauts in deep space to keep medications safe in a microgravity environment could help pharma companies model how drugs behave in the human body.
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Approved stamp
Biopharma approvals January 2026

China tops US in January drug approvals

Feb. 24, 2026
By Amanda Lanier
No Comments
U.S. FDA approvals began 2026 at a slower pace than usual, with eight approvals recorded in January.
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Regulatory actions for Feb. 24, 2026

Feb. 24, 2026
Regulatory snapshots for biopharma and med tech in Asia-Pacific, including global submissions and approvals, and other regulatory decisions and designations: Astrazeneca, Bio-Thera Solutions, Biogen, Daiichi Sankyo, Deciphera, Eisai, Ono, Peijia Medical, Racthera, Stada Arzneimittel, Sumitomo, Takeda, Telix.
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Other news to note for Feb. 24, 2026

Feb. 24, 2026
Biopharma and med-tech happenings in Asia-Pacific, including deals and partnerships, and other news in brief: Alkem, Aska, Axsome, Bostongene, Celltrion, Centessa, Cumulus Neuroscience, CSL, Daiichi Sankyo Formycon, HCW Biologics, I-sens, Lifescan, Lotus, Memo, Nxera, Shionogi, Teijin, WY.
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In the clinic for Feb. 24, 2026

Feb. 24, 2026
Clinical updates for biopharma and med tech in Asia-Pacific, including data readouts and publications: Eccogene, Hengrui, Kailera, Lumosa, Merrylife, Mesoblast, Takeda, Yoltech.
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