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BioWorld - Thursday, February 19, 2026
Home » Newsletters » BioWorld

BioWorld

Feb. 9, 2026

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China compass

Innovent-Lilly $8.5B deal signals new China inflection point

The scale of the $8.5 billion deal signed between Innovent Biologics Inc. and Eli Lilly and Co. is eye-catching, but the structure is the real signal. By shifting phase II oncology development to China while reserving global rights ex-greater China, the partners are testing a model that could reshape how multinational drugmakers source innovation as well as how Chinese biotechs create value. Read More
White currency symbols on white background

Global investors optimistic about med-tech exits in 2026

Global investors in med tech are confident about exit opportunities in the year ahead. The strategics have already started making acquisitions, the IPO window – which reopened last year – is expected to remain active, and the investment firms have companies in their portfolios that are well-positioned for exit. With fundamentals in the sector still robust, 2026 is expected to reward companies that deliver clear clinical value. Read More
Illustration of ophthalmoscopic view of diabetic retinopathy.

Breye reports positive phase Ib data for oral retinopathy drug

Breye Therapeutics ApS reported positive phase Ib data for its oral gap junction modifier drug danegaptide in diabetic retinopathy and is now raising a €50 million (US$59.6 million) series A round to move into the next phase of development. Read More
RNA.png

Lilly buying CAR T firm Orna in $2.4B deal

As its GLP-1 rival goes after compounders, Eli Lilly and Co. started the week with news beyond its diabetes and obesity franchise. The company, which disclosed a new agreement with Innovent Biologics Ltd., followed up a short time later with plans to acquire Orna Therapeutics Inc., marking its latest foray in the in vivo therapy space. Read More
Park Tae-yong, vice president and cofounder, Galux

AI meets antibody design: Galux draws $29M series B for drug R&D

Galux closed a ₩42 billion (US$29 million) series B round Feb. 10, led by Yuanta Investment to bring AI-driven “rational design” to the protein drug development process, already heavily influenced by human engineering.  Read More

Iambic raises the bard in AI, pens $1.7B Takeda deal

Iambic Therapeutics Inc.’s multiyear technology and discovery pact with Takeda Pharmaceutical Co. Ltd. could help the San Diego-based firm advance its own pipeline in a big way. Read More

Compounded weight-loss drugs hit on every side

True to its word, Novo Nordisk A/S filed a patent infringement lawsuit in U.S. district court against Hims & Hers Health Inc. over compounded versions of Novo’s semaglutide products. Read More

Med-tech financing off to slow start with $1.52B raised in January

While in 2025 med-tech financings averaged $3.3 billion per month, January 2026 saw the sector bring in $1.52 billion across 39 transactions. It was the lowest monthly total since November 2024’s $924.59 million. However, a number of months last year saw fluctuating values, ranging from $1.65 billion in July to $8.26 billion in December 2025, indicating uncertainty as to how industry financings will shake out this year. Read More
Illustration of heart and brain communicating

Three-stop loop is behind post-myocardial infarction responses

The neural and neuroimmune mechanisms behind myocardial infarction-triggered cardiac events, immune responses and activation of the nervous system remain largely unexplored. The heart and the brain talk to each other in what is known as cardioception. This communication between the two organs is orchestrated through neurons of the vagus nerve or the dorsal root ganglia, among others. Researchers from the University of California, San Diego have now shown that the dynamics of these interactions may play a crucial role in modulating inflammation, repair and cardiac functioning. Read More

Publisher’s note: Med-tech content will be featured in BioWorld

Beginning Feb. 2, 2026, medical technology news and analysis will be integrated into BioWorld, where curated coverage will continue as part of BioWorld’s core reporting. Read More

ICYMI: Week in review, Feb. 2-6, 2026

A quick look back at top stories. Read More

Biggest gainers and losers for Feb. 2-6, 2026

The top 10 biopharma stock gainers and losers for the week. Read More

Appointments and advancements for Feb. 9, 2026

New hires and promotions in the biopharma and med-tech industries, including: Cleveland, Insilico, K36, Tharimmune. Read More

Financings for Feb. 9, 2026

Biopharma and med-tech companies raising money in public or private financings, including: Satellos, Veradermics. Read More

In the clinic for Feb. 9, 2026

Clinical updates for biopharma and med tech, including data readouts and publications: Abbott, Aro, Bayer, Denali, Field Medical, Genesys Spine, Hoya Vision, Neovac, Pulse, Roivant, Spruce, Uniqure. Read More

Other news to note for Feb. 9, 2026

Biopharma and med-tech happenings, including deals and partnerships, and other news in brief: Cerenovus, Clearmind, Coeptis, Diagnoly, GE Healthcare, Guard, Iovance, Lakeshore, Nugen, Polyrizon. Read More

Regulatory actions for Feb. 9, 2026

Regulatory snapshots for biopharma and med tech, including global submissions and approvals, and other regulatory decisions and designations: Akeso, Everest, GSK, Kelun-Biotech, Kite, Neurophet, P+F Products and Features, Partner Therapeutics, Pfizer, Spinal Resources, Zimmer Biomet. Read More

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