Kardium collects $250M as FDA weighs afib treatment

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Today’s Big News

Jul 2, 2025

53 biotech leaders urge FDA not to restrict mifepristone access over 'fatally flawed' report


Regeneron, playing catch up with J&J and Pfizer, wins FDA approval for Lynozyfic in multiple myeloma


Kardium raises $250M as its pulsed field ablation system undergoes FDA review


Biotech VC raises $200M to focus on Japan’s ‘untapped source’ of innovation


Boehringer backs education drive to improve bronchiectasis management


AstraZeneca's Soriot is considering move of stock listing to the US: Times


Why 'emboldened' activist investors are taking the fight to biotechs

 

Featured

53 biotech leaders urge FDA not to restrict mifepristone access over 'fatally flawed' report

A group of 53 biotech leaders are expressing their support for mifepristone in a letter to the Food and Drug Administration, urging the agency not to impose new restrictions on its use as an abortion medication and slamming a "fatally flawed" report cited as reasoning for the potential limitations.
 

Top Stories

Regeneron, playing catch up with J&J and Pfizer, wins FDA approval for Lynozyfic in multiple myeloma

After a delay, Regeneron’s BCMA-directed bispecific antibody Lynozyfic has won an FDA approval with a more convenient dosing regimen than competitor multiple myeloma offerings from Johnson & Johnson and Pfizer.

Kardium raises $250M as its pulsed field ablation system undergoes FDA review

The pulsed field ablation developer collected $250 million to gear up for the commercial launch of its Globe system, planned for later this year.

Biotech VC raises $200M to focus on Japan’s ‘untapped source’ of innovation

AN Venture Partners has closed its first fund, a $200 million vault for biotechs worldwide, with particular emphasis on bolstering Japan’s biopharma ecosystem.

Boehringer backs education drive to improve bronchiectasis management

Boehringer Ingelheim has breathed life into an American Lung Association campaign, providing support for a push to educate people with bronchiectasis about how to better manage the disease.

AstraZeneca's Soriot is considering move of stock listing to the US: Times

AstraZeneca CEO Pascal Soriot is plotting a shift of the company’s primary stock listing from the London to the U.S., according to The Times. In the report, the British news outlet cites multiple unnamed sources, including one who added that Soriot has even discussed basing AZ’s business in the U.S.

Why 'emboldened' activist investors are taking the fight to biotechs

Whether it’s drug developers being pressured to wind down or investors accused of trying to “strip mine” a biopharma, shareholder meetings are increasingly becoming verbal battlegrounds for beleaguered biotechs.

Organon axes 'biggest potential opportunity' after flunking phase 2 trial

A drug candidate Organon hailed as perhaps its “biggest potential opportunity” has flunked a phase 2 trial, prompting the company to end clinical development of the endometriosis prospect.

China approves 4 new drugs, including a global first-in-class medicine

Chinese regulators have approved four new drugs developed by local biopharma companies, including a first-of-its-kind molecule in blood cancer.

Shionogi puts more than $600M on the table for Swiss biotech's antibiotic program

Storied Japanese pharma Shionogi is upping its arsenal in the fight against antibiotic resistance. The company is paying 5 million Swiss francs ($6.3 million) upfront for a preclinical antibiotic program from BioVersys on which the two companies will work to turn into clinical candidates.

Sandoz, on a $1.1B investment spree in Slovenia, breaks ground at new $440M biosimilar plant

The latest project, a sterile product manufacturing site in Brnik, will bring Sandoz' total planned and ongoing investments in Slovenia to more than $1.1 billion by 2029.

Intuitive’s da Vinci 5 robot bound for Europe after CE Mark approval

The CE Mark covers adult and pediatric use spanning several endoscopic procedures, including in urology, gynecology and general laparoscopic surgery across the chest, abdomen and pelvis.
 
Fierce podcasts

Don’t miss an episode

Rethinking the mental healthcare model

In this episode of "Podnosis," we explore how mental healthcare can evolve into a more connected, whole-person model.
 

Resources

Whitepaper

How Will US Policy Impact the Growth of UK Biotech?

Presented by Blue Matter, strategic consultants in the life sciences
Whitepaper

Building Peak Performance Go-to-Market Operations

We analyzed ~300 launches to identify the factors most correlated with commercial success & built a framework for peak go-to-market performance.
 

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