Neuralink banks $650M series E

Today’s Big News

Jun 4, 2025

With BMS and Pfizer joining the PD-1 bispecific race, Lilly and Novartis size up the hot cancer field


Bayer gains key FDA expansion for fast-rising prostate cancer drug Nubeqa


Neuralink secures $650M series E funding to expand patient access to brain chip technology


Eli Lilly enlists Camurus to help unlock long-acting obesity market in deal worth up to $870M


Want to attract Gen Z talent to life sci? Try short-form social media videos, ABPI report suggests


Ascletis scores phase 3 win for daily acne pill, prepares push to Chinese regulators

 

Featured

With BMS and Pfizer joining the PD-1 bispecific race, Lilly and Novartis size up the hot cancer field

As Merck & Co., Bristol Myers Squibb and Pfizer have hopped on the PD-(L)1xVEGF bispecific bandwagon, the question becomes how far the fanfare will spread.
 

Top Stories

Bayer gains key FDA expansion for fast-rising prostate cancer drug Nubeqa

Bayer has taken another step toward achieving its €3 billion peak sales estimate for androgen receptor inhibitor Nubeqa, scoring an FDA approval to expand its use to all patients with metastatic castration-sensitive prostate cancer, with or without added chemotherapy.

Neuralink secures $650M series E funding to expand patient access to brain chip technology

The company has hit significant milestones in the past year. Neuralink says its conducted more human clinical trials, implanting its brain chips in five patients with severe paralysis.

Eli Lilly enlists Camurus to help unlock long-acting obesity market in deal worth up to $870M

With the deal, Lilly can use Camurus' long-acting delivery technology on up to four of its own incretin compounds to develop injections in the cardiometabolic health space.

Want to attract Gen Z talent to life sci? Try short-form social media videos, ABPI report suggests

Pharmas looking to recruit younger workers should meet Gen Z where they’re at: namely, TikTok and Instagram, according to a new report from the Association of the British Pharmaceutical Industry.

Ascletis scores phase 3 win for daily acne pill, prepares push to Chinese regulators

Ascletis Pharma’s acne pill has scored a phase 3 win, leading the Chinese biotech to claim the Sagimet Biosciences drug can hold its own against FDA-approved products Seysara and doxycycline.

CDC vaccine expert resigns amid shifting COVID guidance: Reuters

Lakshmi Panagiotakopoulos, M.D., hit the exit from her co-leading role in the CDC’s Advisory Committee on Immunization Practices work group on COVID vaccines, according to Reuters.

Bayer's Vividion secures rights to only clinical-stage covalent WRN inhibitor from partner Roche

Bayer’s Vividion Therapeutics has secured the global rights from its partner Roche to the only covalent Werner helicase inhibitor to have made it into the clinic.

Novartis marketing breach sparks PMCPA call for companies to be ‘on high alert’

Failures at Novartis have prompted the U.K. marketing watchdog to warn that “companies should be on high alert” when working with third parties to promote materials about medical conferences.

Novo Nordisk signs on to support ADA’s obesity advocacy division

Almost exactly a year after launching its Obesity Association, the American Diabetes Association has recruited Novo Nordisk for support.

Biosynthesis specialist and Narcan ingredient maker Antheia reels in $56M in series C funding

Antheia, a biomanufacturer that makes a key ingredient for the opioid overdose treatment Narcan, reeled in $56 million in series C financing it said will be used to expand manufacturing operations in the U.S. and to start new programs in Singapore.

BioAge inks option agreement for Chinese biotech's obesity asset on heels of earlier APJ agonist setback

Even after scrapping its lead obesity candidate due to liver toxicity, BioAge Labs is not shying away from the weight loss space. The Bay Area biotech has entered an option agreement with Chinese firm JiKang Therapeutics to potentially license a new apelin receptor (APJ) agonist nanobody.
 
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Biopharma briefing: Q1 trends, gene therapy news, ASCO preview

This week on "The Top Line," we break down first-quarter Big Pharma earnings, recap the latest gene therapy developments and preview what’s ahead at ASCO.

 

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