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Anagram Therapeutics

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Representative image: Researchers review pancreatic enzyme replacement therapy data in a biotech lab setting, reflecting Blackstone Life Sciences’ $250 million investment in Anagram Therapeutics to advance ANG003 for exocrine pancreatic insufficiency.

Pharma & Biotech

Why Blackstone’s $250m Anagram deal could reshape pancreatic enzyme therapy

by Pallavi Madhiraju
May 9, 2026
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PERT is old, essential and burdensome. Blackstone’s $250m Anagram bet asks whether ANG003 can reset enzyme therapy.

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TAGS

clinical trials Eli Lilly and Company European Medicines Agency FDA FDA approval immuno-oncology immunotherapy Inc. Johnson & Johnson medical devices oncology precision oncology rare disease U.S. Food and Drug Administration United States Food and Drug Administration

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