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BioWorld - Wednesday, June 10, 2026
Home » Newsletters » BioWorld

BioWorld

May 6, 2026

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Hand held near armpit

Abdakibart phase II graded, puts Avalo in HS upper class

Avalo Therapeutics Inc. may have designed in lead asset abdakibart, a drug for hidradenitis suppurativa (HS) that offers a novel mechanism of action, wide dosing interval, and more-than-satisfying outcomes on the Hidradenitis Suppurativa Clinical Response 75 endpoint, just what the doctor – and Wall Street – ordered. Read More
Eye and financial charts

Bayer buying Perfuse for $300M up front in potential $2.45B deal

In its first substantial M&A transaction since 2021, Bayer AG is buying Perfuse Therapeutics Inc., a firm that has operated quietly, though it reported positive midstage data last year for PER-001, an endothelin antagonist, in glaucoma and diabetic retinopathy. Read More
Noctrix Health Nidra system

Resmed boosts sleep health portfolio with Noctrix buy

Resmed Corp. has agreed to acquire Noctrix Health Inc. for $340 million, boosting its sleep health portfolio. Noctrix has developed Nidra, a wearable neuromodulation device which treats restless legs syndrome (RLS) without disrupting sleep. With RLS impacting approximately 7% of adults globally, including about 17 million people in the U.S., the technology offers a non-drug option that could potentially treat a significant proportion of this patient population. Read More
Illustration of siRNA structure

GSK licenses siRNA asset in $1B deal for Siranbio

In a deal that could be worth up to $1 billion for Suzhou Siran Biotechnology Co. Ltd. (Siranbio), GSK plc licensed exclusive worldwide rights to the siRNA oligonucleotide SA-030, which has recently entered phase I trials for cardiometabolic disease. Read More
Swiss currency

Swiss Biotech reports record private investment, employment in 2025

Privately-funded biotechs in Switzerland raised a record CHF1.15 billion (US$1.47 billion) in 2025, an increase of 38% over 2024, and 45% of the total capital raised by the sector. This was a significant advance on previous years, when private companies typically attracted about 30% of overall investment. Read More
Ocular-digital-eye

Eyes are first prize for newco Link Biologics

The classic origin story for a biotech startup is that of a scientist who nurtures his work out of a university and to commercial success. For Link Biologics Ltd. and its TSG6-based pipeline, the story is the other way around; it began with now-CEO Reuben Dawkins meeting University of Manchester scientists Tony Day and Caroline Milner while he was on the lookout for “great science that needs help to make it to patients.” The three are now co-founders of Link, which spun out of the University of Manchester in 2021 and has four programs in three indications, all based on TSG-6 biology. Read More
Stock market rebound illustration

Kailera's record IPO headlines strong April for biopharma financings

Biopharma financing activity is continuing its rebound in early 2026 compared to the past several years. Total funding reached $38.66 billion in the first four months of 2026, more than doubling 2025’s $15.85 billion in the same period and also exceeding 2022 and 2023. While still below the peak years of 2021 and 2024, when financings topped $50 billion in the period, the 2026 total shows a strong recovery. Read More
Magnifying glass on wooden table

Multiple appearances on Priority Watch List leading to action?

It’s a sure bet when the U.S. Trade Representative releases its annual Special 301 Report that Chile, China, India, Indonesia, Russia and Venezuela will be on the Priority Watch List. The 2026 report was no exception. Read More
​Star Sports Medicine HKEX IPO ceremony

China med-tech raises: Star Sports’ $105M IPO; Cofoe nabs $133M

Star Sports Medicine Co. Ltd. debuted on the Hong Kong Stock Exchange with an HK$829.55 million (US$105.86 million) IPO May 5, with shares closing about 118% higher on the first day. Read More

Appointments and advancements for May 6, 2026

New hires and promotions in the biopharma and med-tech industries, including: 4D Path, Basking, Brainscope, Coopercompanies, Diagonal, Discure, GC, Integra, Mana.bio, Pilatus, Sail, Tris, Valion, Viatris. Read More

Financings for May 6, 2026

Biopharma and med-tech companies raising money in public or private financings, including: 4D Path, Abivax, Cellectar, Clene, Hemab, Ocugen, Picard Medical, Senseonics. Read More

In the clinic for May 6, 2026

Clinical updates for biopharma and med tech, including data readouts and publications: Cellectar, Cytokinetics, Earlydiagnostics, Eli Lilly, Eupraxia, J&J, Ocugen, Palisade, Regeneron, Sanofi, Telix, Viridian. Read More

Other news to note for May 6, 2026

Biopharma and med-tech happenings, including deals and partnerships, and other news in brief: Assertio, Elaris, Garda, Matrivax, Profusa. Read More

Regulatory actions for May 6, 2026

Regulatory snapshots for biopharma and med tech, including global submissions and approvals, and other regulatory decisions and designations: Clear Scientific, Fate, Multi4, Neurocare, Opus Genetics, Ultragreen.ai. Read More

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