GSK Plc is to acquire the US oncology developer Nuvalent Inc for $10.6 billion, giving it two late-stage products for non-small cell lung cancer to complement its own Phase 3 antibody-drug conjugate (ADC) for a different lung cancer. The deal, which will be financed with new and existing debt facilities, also gives the UK company a third lung cancer drug in Phase 1 and a preclinical portfolio of undisclosed cancer assets.
A biotechnology company in Scotland, backed by Archangel Investors Ltd, made its first public appearance on 8 June as a potential player in the rapidly expanding field of antibody-drug conjugates (ADCs). Emerging from stealth mode, Bead BioPharma Ltd disclosed its leadership and technology for the first time. The company’s interim chief executive is Dan Ozanne a serial entrepreneur, and its chair is Mike Sun. Mr Sun formerly worked for Seattle Genetics Inc (now Seagen), a pioneer in ADC field. Bead BioPharma has reportedly raised $1.14 million since its founding in 2023.
Collaborative networks have been a driving force for innovation across the life sciences for decades. They connect universities, governments and venture capitalists to create conditions for the launch of new companies. The ecosystem around the Massachusetts Institute of Technology in Cambridge, US, is probably the best-known incubator of new companies. Less common are ecosystems focused on a single therapeutic area. This is the unique feature of a new cluster in France called The Hive and Campus Grand Parc, located in outer Paris.
US-based POP Biotechnologies Inc has announced that the Coalition for Epidemic Preparedness Innovations (CEPI) is to provide up to $9.7 million in additional funding to help advance the company’s SNAP (Spontaneous Nanoliposome Antigen Particle) protein vaccine platform into a Phase 1 clinical trial. The deal builds on an initial $1.5 million investment from CEPI announced in July 2025, which supported early-stage research into the technology.
AstraZeneca Plc has reported positive results in two Phase 2b trials for a candidate obesity and diabetes drug with potentially broad applications for cardiometabolic and kidney diseases. The drug, elecoglipron, is a small molecule GLP-1 receptor agonist that can be taken as a pill. It was in-licenced from Eccogene (Shanghai) Co Ltd in 2023 to be the backbone of AstraZeneca’s prospective treatments for obesity and weight-related diseases. By taking a broad therapeutic approach, the company argues that it could chart a new path for obesity treatment in the future.
Abivax SA has confirmed plans to submit a new drug application for obefazimod, its candidate product for ulcerative colitis, to the US Food and Drug Administration late in the fourth quarter. This follows results from a Phase 3 trial that showed strong efficacy. The small molecule drug upregulates a microRNA known as miR124 in order to stabilise the immune response in patients with ulcerative colitis, a disease that affects the colon.
Les Laboratoires Servier SAS of France has extended its reach into the rare disease space with the acquisition of the muscular dystrophy business of Edgewise Therapeutics Inc of Boulder Colorado, US. The lead asset is sevasemten, a small molecule drug that is being developed for both Becker muscular dystrophy and Duchene muscular dystrophy. The two disorders are caused by mutations in the DMD gene which encodes for the dystrophin protein.
Following a European Commission announcement in March of a proposed new legal framework for start-up companies, Germany has reportedly lifted its opposition to giving more powers to an EU financial regulator – an important step towards creating a capital markets union. According to The Financial Times, the German finance minister Lars Klingbeil signalled his support for the centralised supervision of a unified capital market, which would effectively mean ceding powers from the German regulator to the European Securities and Markets Authority (ESMA), based in Paris.
The Coalition for Epidemic Preparedness Innovations (CEPI) has announced funding for three experimental Bundibugyo ebolavirus vaccine candidates currently in preclinical development. Bundibugyo is the ebolavirus species responsible for the current outbreak in the Democratic Republic of Congo ad Uganda, but no licensed vaccine is currently available for this species, and none is in clinical development.
Eli Lilly and Co has announced plans to invest up to $3.83 billion to buy three companies developing candidate vaccines, effectively charting new territory in the field of infectious disease. Announced on 26 May, the acquisitions include Curevo Inc and Vaccine Company Inc of the US, and LimmaTech Biologics AG of Switzerland.