Business, energy, technology, markets and global industry news from Business News Today
Features & Analysis

Dazodalibep improved Sjögren’s disease by Week 4. Can Amgen beat Novartis to a new treatment market?

Amgen’s dazodalibep has met the primary endpoint in the Phase 3 OASIZ 301 study, improving systemic Sjögren’s disease activity as early as Week 4 and sustaining the benefit through Week 48. The result is a major step in a disease with no FDA-approved systemic treatment specifically for Sjögren’s, but Amgen has not yet disclosed the

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Medical Devices & Diagnostics

Why GRAIL stock exploded after FDA documents on Galleri cancer blood test

GRAIL shares recorded their strongest session in more than a year after FDA reviewers raised no major analytical or primary safety concerns ahead of a September 23 advisory committee vote on Galleri, the blood test designed to screen adults for signals from more than 50 cancers.

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Pharma & Biotech

Roche wins EU approval for Susvimo as wet AMD treatment burden becomes the next battleground

The European Commission has approved Roche’s Susvimo implant for neovascular age-related macular degeneration, offering continuous ranibizumab delivery with refills every six months and creating a fundamentally different alternative to repeated eye injections.

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Features & Analysis

BioNTech’s gotistobart beat docetaxel after checkpoint therapy failed. What makes its CTLA-4 design different?

BioNTech and OncoC4 have reported median overall survival of 18.5 months with gotistobart versus 10 months with docetaxel in previously treated squamous non-small cell lung cancer. The result revives interest in CTLA-4 immunotherapy after PD-1 or PD-L1 treatment failure, but it came from the non-pivotal first stage of PRESERVE-003, leaving a much larger global cohort

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Pharma & Biotech

Why XORTX Therapeutics stock exploded in volume after its $700m gout market update

XORTX Therapeutics shares climbed 15.7% as trading volume surged above seven million shares after the company outlined plans to file an FDA IND for XRx-026 in the fourth quarter, but funding requirements remain a critical part of the development story.

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Pharma & Biotech

Biogen and Eisai win Japan approval for at-home Leqembi as Alzheimer’s competition moves beyond efficacy

Japan has approved the Leqembi Pen for once-weekly at-home administration in early Alzheimer’s disease, potentially reducing infusion-center dependence while giving Biogen and Eisai another way to differentiate lecanemab from rival anti-amyloid therapies.

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Features & Analysis

Electra’s $350m IPO fell 11.7% on debut. Does ipsoprubart justify the immunology bet?

Electra Therapeutics has raised $350 million in one of 2026’s larger biotechnology IPOs, giving the clinical-stage company enough projected capital to reach pivotal results for ipsoprubart in secondary hemophagocytic lymphohistiocytosis. The stock’s 11.7% first-day decline shows that investors remain cautious, however, because the company’s most striking efficacy evidence still comes from a small uncontrolled Phase

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Pharma & Biotech

Why Aquestive’s Anaphylm is back at FDA after a pouch problem derailed approval

Aquestive Therapeutics has resubmitted its Anaphylm application after responding to FDA concerns over packaging and administration, putting the potential needle-free, orally delivered emergency treatment for anaphylaxis back on a regulatory path toward the U.S. market.

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Pharma & Biotech

Johnson & Johnson’s Tecvayli cuts myeloma progression risk 71% as Europe considers much earlier use

European regulators have backed Tecvayli monotherapy after only one prior multiple myeloma treatment, potentially transforming Johnson & Johnson’s BCMA bispecific from a late-line therapy into a much larger second-line franchise.

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Features & Analysis

Teva saw no PDSS across 3,470 injections. Could TEV-’749 finally make long-acting olanzapine practical?

Teva Pharmaceutical Industries has reported new long-term data for once-monthly subcutaneous TEV-’749 ahead of an expected fourth-quarter FDA decision. Its competitive proposition is not a new antipsychotic mechanism, but an attempt to combine established olanzapine efficacy with long-acting dosing without the post-injection monitoring burden that has constrained the existing olanzapine depot.

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