The Vault · 2026-03-31 11:57:21 · STAT News
Eli Lilly is making a major strategic move into sleep disorders, announcing a $6.3 billion cash acquisition of Centessa Pharmaceuticals. The deal, which values Centessa at a 38% premium over its previous closing price, is centered on securing an experimental drug pipeline designed to combat conditions like narcolepsy. ...
The Lab · 2026-04-08 08:57:03 · STAT News
A decade after tearing apart the FDA with controversy, exon skipping drugs are re-emerging as a critical, if fraught, lifeline for patients with Duchenne muscular dystrophy. This counterintuitive genetic strategy—fixing a broken gene by breaking it a little more—has taunted desperate families for over twenty years, alw...
The Vault · 2026-04-15 11:52:42 · STAT News
Bain Capital Life Sciences has officially launched its $300 million biotech startup, Beeline Medicines, marking a significant move to advance a portfolio of inflammatory and immune disorder drugs licensed from pharmaceutical giant Bristol Myers Squibb. The venture, first announced last summer, now has a named CEO and a...
The Lab · 2026-04-15 18:23:06 · TechCrunch
Grammy-nominated artist Aloe Blacc discovered a harsh reality after his own breakthrough COVID infection: in the world of biotech, celebrity status and a checkbook are not enough. His attempt to fund research for better solutions was met with the industry's rigid structural barriers. Regulators demand a viable commerci...
The Lab · 2026-04-21 23:52:27 · STAT News
Revolution Medicines is not just riding high on the clinical success of its lead KRAS inhibitor; it's already laying the groundwork for what comes next. At the American Association for Cancer Research annual meeting, the company solidified daraxonrasib's status as a potential game-changer in advanced pancreatic cancer,...