Biotech
CAR-T Therapy Reaches Solid Tumours for the First Time

CAR-T Therapy Reaches Solid Tumours for the First Time

China's National Medical Products Administration (NMPA) approved satricabtagene autoleucel (satri-cel) on 22 June 2026, making it the world's first CAR-T cell therapy approved for a solid tumour. Developed by Shanghai-based CARsgen Therapeutics, satri-cel is cleared...

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Biotech IPO Surge: 2026’s First Half Beats 2025

Biotech IPO Surge: 2026’s First Half Beats 2025

The biotech IPO surge has turned 2026 into a comeback year, and one statistic captures it: in the first six months, biopharma companies raised more from initial public offerings than the entire sector managed across the whole of 2025. After a punishing multi-year...

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Why AI May Increase Cognitive Burden Before Reducing It

Why AI May Increase Cognitive Burden Before Reducing It

It seems that artificial intelligence is being proposed as an answer to what could be considered as one of the most serious problems facing the life sciences sector – the problem of information overload. There has never been as much data, documentation, literature,...

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Why AI May Increase Cognitive Burden Before Reducing It

Why AI May Increase Cognitive Burden Before Reducing It

It seems that artificial intelligence is being proposed as an answer to what could be considered as one of the most serious problems facing the life sciences sector – the problem of information overload. There has never been as much data, documentation, literature,...

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The Scaling Crisis in Cell and Gene Therapy

The Scaling Crisis in Cell and Gene Therapy

There are FDA-approved therapies on the market today that can permanently resolve a disease in a single administration, for a price of one to three million dollars. The reimbursement system responsible for covering that cost was built around medications that people...

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The Sourcing Channel Moved East

The Sourcing Channel Moved East

A record year of out-licensing pulled the West's early pipeline sourcing toward Shanghai and Suzhou. The discount that started it is already being competed away. What outlasts it is a two-source model for global pharma innovation. For most of the past decade, a...

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Kailera Therapeutics IPO: A $625M Signal for Biotech

Kailera Therapeutics IPO: A $625M Signal for Biotech

When Kailera Therapeutics priced its initial public offering on 16 April 2026, it did more than raise money. The Kailera Therapeutics IPO set a new benchmark for an industry that had spent the better part of three years in the wilderness. Priced at $625 million, it...

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Biotech’s Missing Ingredient: Execution

Biotech’s Missing Ingredient: Execution

Biotech has never lacked scientific innovation. What the industry continues to underestimate is how difficult it is to turn promising science into an actual therapy that reaches patients.  Over the last several years, I have seen strong assets struggle for reasons...

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