Business, energy, technology, markets and global industry news from Business News Today
Pharma & Biotech

Legacy Healthcare wins FDA Breakthrough Therapy designation for CINAINU in alopecia areata

The FDA has granted Breakthrough Therapy designation to Legacy Healthcare's investigational topical treatment CINAINU for moderate-to-severe alopecia areata from age two. A pediatric trial showed statistically significant hair-regrowth benefits, although the primary efficacy analysis included only 62 of 107 randomized patients.

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Medical Devices & Diagnostics

Can a single drop of blood reveal clotting problems in under 10 minutes? DARPA backs Abram’s technology

Abram Scientific has received a DARPA contract worth up to $8.3 million to advance CoagCare, a portable blood coagulation testing platform designed to provide results in under 10 minutes. The award supports military and civilian development, but regulatory clearance and clinical performance validation remain outstanding.

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Medical Devices & Diagnostics

A spine fusion study found 61% success versus 17%. Providence now has a new titanium implant

Providence Medical Technology has announced FDA clearance for CORUS PCSS 3D-T, a porous titanium posterior cervical fusion implant. Its established platform has randomized clinical evidence, but the new implant's incremental clinical benefit remains to be demonstrated.

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Pharma & Biotech

TuHURA’s new VISTA patent reaches beyond cancer, but can TBS-2025 overcome leukemia treatment resistance?

TuHURA has secured a US patent covering TBS-2025 and related VISTA-targeting antibody designs through February 2042. The intellectual property expansion follows FDA clearance of an early-stage AML study, but clinical efficacy and commercialization remain unproven.

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Pharma & Biotech

Zydus gains regulatory milestone in $31.7bn Keytruda biosimilar market

The FDA has accepted FYB206, a proposed biosimilar to Merck's Keytruda, for review, with a decision potentially due in the third quarter of 2027. Zydus and Formycon pursued a streamlined development programme without a comparative Phase 3 efficacy trial, but approval, patent clearance and commercial launch remain separate hurdles.

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Pharma & Biotech

AbbVie Skyrizi achieves 35.8% endoscopic remission in Phase 3 Crohn’s disease study

New Phase 3 AFFIRM data show 35.8% endoscopic remission and 36.6% ulcer-free endoscopy with subcutaneous Skyrizi at Week 24. The findings support regulatory applications for an alternative to intravenous induction, although differences in treatment allocation after Week 12 require careful interpretation.

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Pharma & Biotech

SD-101 failed a major skin disease trial. Can Paradigm’s new Phase 3 study change its future?

Paradigm Therapeutics has received its second consecutive Prix Galien USA nomination for SD-101, an investigational whole-body epidermolysis bullosa cream. A new pediatric Phase 3 study offers another opportunity to establish efficacy after the earlier ESSENCE trial failed its primary endpoints.

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Medical Devices & Diagnostics

Vantis expands CrossFAST to handle IVUS and lithotripsy. Can it simplify complex heart procedures?

Vantis Vascular has received FDA 510(k) clearance for a 6F version of its CrossFAST delivery system, expanding compatibility with intravascular imaging and calcium-modification devices. The November launch builds on encouraging early clinical experience, although comparative evidence remains limited.

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Medical Devices & Diagnostics

CSQ Bio’s collagen powder turns into a wound-covering gel. Can it win over US surgeons?

CSQ Bio has established a surgical commercialization business and introduced INNESTO Rx, a bovine collagen powder scheduled for US sales in January 2027. The product uses an existing FDA-cleared device platform, but clinical differentiation, reimbursement and distribution economics remain unproven.

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Pharma & Biotech

Avenzo Therapeutics to reveal VBC103 Phase 1 results at ESMO Asia 2026

Avenzo's partner VelaVigo will disclose early human safety and efficacy findings for the Nectin-4/TROP2 antibody-drug conjugate VBC103 at ESMO Asia 2026. The presentation could clarify the clinical potential of dual-antigen targeting, while a separate United States study advances in urothelial cancer.

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