Nana Kusi Minkah

Dren Bio Announces $350 Million Financing to Advance Dibotatug Toward Commercialization and Accelerate Development of Its Broader Pipeline

– Financing co-led by Juvia Group and Lightspeed Venture Partners, with participation from an expanded syndicate of leading healthcare investors – – Dibotatug is an investigational, first-in-class, pathogenic cell-depleting antibody in late-stage development for the treatment of rare blood cancers and other hematologic and autoimmune diseases – SAN CARLOS, Calif. Oct 29, 2026 (BUSINESS WIRE)

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Mission BioCapital: From a Copenhagen base to Investment in Danish Biotech

A local presence can help international life science investors connect with emerging companies, research environments and potential investment partners. For US venture capital firm Mission BioCapital, Copenhagen provides a base for developing these relationships across Denmark and Europe. In 2025, the firm opened its first European office at BioInnovation Institute (BII), with Partner Robert Blazej

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Astellas links up with AI Proteins in $400M computational drug discovery deal

Japan’s Astellas Pharma has tapped Boston computational discovery company AI Proteins in a drug discovery deal potentially worth $400 million. AI Proteins crafts miniproteins with the aid of its computational design platform that the company said have demonstrated binding activity “beyond what’s possible with traditional nature-derived biologics,” according to an Oct. 21 release. The concept

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Pfizer pens $500M Enodia pact to join Lilly in emerging protein degrader field

Pfizer has followed Eli Lilly into the Sec61 space, inking a $500 million deal with Enodia Therapeutics a week after its Big Pharma peer formed an $870 million pact with Gate Bioscience. Like Gate, Enodia is targeting the Sec61 channel to stop disease-driving proteins from reaching the cell surface, leading to their degradation. By selectively blocking

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Zag Bio Advances ZAG-101 into Clinical Development for Type 1 Diabetes

LANTERN Phase 1b/2a trial will evaluate Zag Bio’s lead program in people with Type 1 diabetes Study will assess safety and pharmacology, with C-peptide measured for early signs of efficacy CAMBRIDGE, Mass., October 5, 2026 — Zag Bio™, Inc., a biotechnology company working to set a new standard for treating autoimmune disease, today announced it

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Breye Therapeutics raises €67.5 million in over-subscribed Series A financing

Co-led by new investor Mission BioCapital and existing investor Novo Holdings, with additional investment from existing syndicate member Sound Bioventures, and new investors the Ljungström family office, Innovestor Life Science, EIFO, Catalyze Capital, Modi Ventures, and Pappas Capital Company will now advance danegaptide, a pioneering, first-in-class oral treatment for Non-Proliferative Diabetic Retinopathy (NPDR), into a

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Cloverleaf Bio Raises $33 Million Seed Financing to Advance Novel RNA-Based Cancer Therapeutics

Cloverleaf Bio Raises $33 Million Seed Financing to Advance Novel RNA-Based Cancer Therapeutics Oversubscribed round led by 4BIO Capital includes strategic investment from AbbVie Ventures, Lilly, and Boehringer Ingelheim Venture Fund, reflecting depth of industry interest in this novel RNA therapeutics platform Financing will support proof of concept in hepatocellular carcinoma and advancement of follow-on

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Lilly to Expand its Pain Pipeline with Acquisition of SiteOne Therapeutics

INDIANAPOLIS, May 27, 2025 /PRNewswire/ — Eli Lilly and Company (NYSE: LLY) and SiteOne Therapeutics, Inc. (“SiteOne”), a private biotechnology company developing small molecule inhibitors of sodium channels to treat pain and other neuronal hyperexcitability disorders, today announced a definitive agreement for Lilly to acquire SiteOne. The transaction includes STC-004, a Phase 2 ready Nav1.8 inhibitor

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Sanofi to acquire Dren Bio’s bispecific myeloid cell engager for deep B-cell depletion, broadening immunology pipeline

Sanofi to acquire Dren Bio’s bispecific myeloid cell engager for deep B-cell depletion, broadening immunology pipeline Dren Bio deep B-cell depleter program has the potential to reset the immune system Acquisition underpins path for Sanofi becoming leading immunology company Sanofi to pay $600 million up front Paris, March 20, 2025. – Sanofi and Dren Bio,

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Mission BioCapital Announces Team Promotions and New Hires

CAMBRIDGE, Mass., February 5, 2025 — We are proud to announce today that we have promoted three Mission BioCapital (MBC) investment professionals and extended our capabilities by adding three new team members. “In recognition of their contributions and value to our team, we are so pleased to have promoted Cassidy Blundell and Zach Collins to

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