Thursday, 24 September 2026
Thursday, 24 September 2026
- In brief
- 1FDA advisers all called Grail's cancer blood test safe. Only six of ten said it works.
- 2The FDA nominee was told to go fast
- 3Stem cells fail to help babies' hearts
- 4Roche kidney injection passes a big trial
- 5A skin lupus antibody is dropped
- 6China aims for a quarter of new drug types
- 7A plan to control NIH grants stalls
- 8An AI drug finder raises $311 million
- 9Basecamp raises $140 million for AI-designed DNA
- 10US military money for Flagship biotechs
- 11Boehringer widens a genetics deal
- 12A numbing drug that lasts weeks, in rats
- 13Cleaning and reusing drug-growing liquid
- 14A smarter controller for drug-making cells
- 15Drugmakers turn back to brittle bones
- 16Promised safety studies run years late
24 Sept · Biotech · In brief
Biotech · Thursday, 24 September 2026
Biotech, in brief
16 stories · 25 sources
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What is moving · 1 of 4
Money for AI drug hunters
Enveda, which uses AI to find drug-like molecules in plants, raised $311 million.
What is moving · 2 of 4
A push to approve faster
Heidi Overton, nominated to run the FDA, says President Trump told her to go fast.
What is moving · 3 of 4
China's drug industry growing
China's government wants a quarter of the world's new kinds of drugs to come from China by 2030.
What is moving · 4 of 4
Trials missing their main goal
Longeveron's stem-cell treatment did not help babies' hearts in a trial of 40 infants.
10 sources
Biotech, in brief
- 8Nominee to lead FDA aims to speed up medical research, combat China's rise
- 9US Senate panel sets hearing for Trump's FDA pick
- 10Longeveron's phase 2b stem cell flop spurs cost cutting, exploration of 'all options'
- 12Immunovant ends cutaneous lupus program after phase 2 flop
- 13China targets 25% share of global first-in-class drugs in new 5-year plan
- 14GSK aiming to 'balance West and East' after Hansoh deal success showed China's potential
- 16Enveda, an AI drugmaker, banks $311M in venture funding
- 18Anthropic-, Nvidia-Backed Basecamp Research Raise $140M Series C Financing Toward Advancing AI-Designed Drugs
- 20Boehringer adds $250M to value of Variant pact by expanding into cardiovascular disease
- 25Pharmalittle: China drug licensing deals; making drugs in space
FDA advisers all called Grail's cancer blood test safe. Only six of ten said it works.
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On 23 September, ten outside experts who advise the FDA, the US drug regulator, voted on Galleri, a blood test made by the US company Grail.
Who is involved
Grail
the US company that makes Galleri; it asked the FDA for approval in January
Who is involved
The FDA advisory panel
ten outside experts the FDA asked for advice; the agency is not bound by their votes
Why it matters
The FDA decides in the coming months; watch whether it follows the panel, and whether it limits the test to people at higher risk of cancer, as one researcher suggested.
What's really going on
Grail has sold Galleri in the US since 2021 without FDA approval, and 117,000 people took it in the first half of this year, most of them paying the $949 price themselves.
What's really going on
The panel's vote matters most for who pays: a law Grail lobbied for lets Medicare cover the test from 2028, but only if the FDA approves it.
Why it works on people
Grail's own announcement leads with the panel voting in favour of approval, and one yes is easier to remember than three different counts.
Who gains
Grail
An FDA approval would let Medicare pay for its test from 2028, under a law it lobbied for, and would bring routine insurance coverage.
Who pays
People without cancer who test positive
In the US study, 47.8% of those checked after a positive result who turned out not to have cancer had an invasive procedure.
Who pays
People who buy the test before any approval
Most pay the $949 list price themselves.
Nobody knows yet
Whether finding cancer with Galleri means fewer people die of it.
No randomised trial has shown that Galleri or any test like it reduces cancer deaths.
Nobody knows yet
How often a positive Galleri result really means cancer.
The FDA's summary of the US study puts it at 77% of positive results.
Nobody knows yet
What the FDA will decide, and for whom.
The agency is not bound by the vote, and its decision is due only in the coming months.
Good news
In a study of more than 35,000 people, when Grail's blood test found cancer, it named the right part of the body about nine times in ten.
The short version
That's the story in short.
The whole story has 13 more parts.
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The whole story, in 13 parts ↓
Part 1 of 13 · Who else is involved
The FDA
the US regulator for drugs and medical tests; it makes the final decision in the coming months
Part 1 of 13 · Who else is involved
Scott Ramsey
a cancer researcher at Fred Hutch Cancer Center in Washington state; he says nobody among cancer doctors is recommending the test
Part 2 of 13 · How it unfolded
June 2021
An earlier version of the test goes on sale in the US by prescription.
January 2026
Grail asks the FDA to approve the test.
Part 2 of 13 · How it unfolded
February 2026
A big trial in the UK fails to cut late-stage cancer diagnoses.
21 September
FDA staff raise no major concerns, and Grail's shares rise 35%.
Part 3 of 13
Galleri looks for signs of many kinds of cancer in one blood draw, in adults aged 50 and over.
Part 3 of 13
No test that looks for many cancers at once is approved in the US.
Part 4 of 13
The panel voted three times.
Part 4 of 13
All ten said the test is safe.
Part 4 of 13
Six of ten said it works, and seven said its benefits outweigh its risks, with one abstaining.
Part 5 of 13
The FDA does not have to follow the panel, but it weighs its votes heavily.
Part 5 of 13
A final decision is expected in the coming months.
Part 6 of 13
Galleri has been sold in the US since 2021 through a regulatory exception, without FDA approval.
Part 6 of 13
About 117,000 people took it in the first half of this year, outside research studies.
Part 7 of 13
Most buyers pay the $949 list price themselves.
Part 7 of 13
Grail lobbied for a law that lets Medicare, the US government's health insurance for older people, pay for the test from 2028, if the FDA approves it.
Part 8 of 13
In Grail's US study, the test flagged 35% of the cancers found within a year.
Part 8 of 13
It raised a false alarm in about 15 of every 10,000 people without cancer.
Part 9 of 13
The test caught late cancers far more often than early ones.
Part 9 of 13
In the US study it flagged 21% of stage 1 cancers, the earliest, and 63% of stage 4, the most spread.
Part 10 of 13
A paper in Nature Medicine on 22 September covered more than 35,000 people.
Part 10 of 13
The test found a cancer signal in 287 of them, and about 60% of those were later diagnosed with cancer.
Part 11 of 13
When the test did find cancer, it named the right part of the body about 91% of the time.
Part 12 of 13
In the US study, 159 of 218 people who were checked after a positive result had at least one invasive procedure.
Part 12 of 13
Among those who turned out not to have cancer, 47.8% had one.
Part 13 of 13
In February, a big trial in the UK found the test did not cut the number of cancers diagnosed at stage 3 or 4.
Part 13 of 13
No trial has shown that tests like it reduce cancer deaths.
7 sources
FDA advisers all called Grail's cancer blood test safe. Only six of ten said it works.
- 1FDA advisers back safety of Grail's cancer test, narrowly endorses efficacy
- 2FDA expert panel endorses Grail's Galleri multi-cancer blood test
- 3FDA Advisory Panel Endorses Controversial Cancer Blood Test
- 4Blood test for multiple cancers clears crucial hurdle on track to FDA approval
- 5FDA Executive Summary: GRAIL Inc., Galleri
- 6Grail rallies as FDA staff flags no major concerns for multi-cancer test
- 7FDA Advisory Committee Votes In Favor of Approval of GRAIL's Galleri Multi-Cancer Early Detection Test
The full story
FDA advisers all called Grail's cancer blood test safe. Only six of ten said it works.
On 23 September, ten outside experts who advise the FDA, the US drug regulator, voted on Galleri, a blood test made by the US company Grail.
Galleri looks for signs of many kinds of cancer in one blood draw, in adults aged 50 and over.
The panel voted three times.
The FDA does not have to follow the panel, but it weighs its votes heavily.
Galleri has been sold in the US since 2021 through a regulatory exception, without FDA approval.
Most buyers pay the $949 list price themselves.
In Grail's US study, the test flagged 35% of the cancers found within a year.
The test caught late cancers far more often than early ones.
A paper in Nature Medicine on 22 September covered more than 35,000 people.
When the test did find cancer, it named the right part of the body about 91% of the time.
In the US study, 159 of 218 people who were checked after a positive result had at least one invasive procedure.
In February, a big trial in the UK found the test did not cut the number of cancers diagnosed at stage 3 or 4.
Why it matters. The FDA decides in the coming months; watch whether it follows the panel, and whether it limits the test to people at higher risk of cancer, as one researcher suggested.
The FDA nominee was told to go fast
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Heidi Overton, President Trump's pick to run the FDA, goes before the US Senate health committee on 24 September.
In an opening statement STAT saw in advance, she says Trump told her to go fast.
She backs Operation Trailblazer, an FDA effort started this year to speed up clinical trials.
Why it matters
If the US Senate confirms her, her view of speed will shape decisions like the one on Grail's test.
Why it matters
The last FDA head, Marty Makary, resigned in May after clashes with officials in the Trump administration.
2 sources
The FDA nominee was told to go fast
The full story
The FDA nominee was told to go fast
Heidi Overton, President Trump's pick to run the FDA, goes before the US Senate health committee on 24 September.
Why it matters. If the US Senate confirms her, her view of speed will shape decisions like the one on Grail's test. The last FDA head, Marty Makary, resigned in May after clashes with officials in the Trump administration.
Stem cells fail to help babies' hearts
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Longeveron's stem-cell treatment, laromestrocel, did not help babies born with hypoplastic left heart syndrome, where the left side of the heart is too small to work.
In a mid-stage trial, 40 infants got the cells during their second heart operation.
After 12 months, the right side of their hearts pumped no better than in babies who had surgery alone.
Why it matters
Longeveron's shares fell 60%, and it had $10.1 million in cash at the end of June.
Why it matters
It is cutting costs and has hired an investment bank to review all its options.
How it works
Safe, working and worth it are three separate questions
How it works
Advisers to the FDA voted separately on whether Grail's cancer blood test is safe, whether it works and whether it is worth using, and gave three different answers.
How it works · step 1 of 5
A regulator splits one big decision into separate questions
How it works · step 2 of 5
Is it safe: does it hurt the people who use it?
How it works · step 3 of 5
Does it work: does it do what it claims?
How it works · step 4 of 5
Is it worth it: do the gains beat the harms and the other choices?
How it works · step 5 of 5
Each question gets its own vote, and a yes on one does not carry to the next
The twist
Passing one of the three questions tells you nothing about the other two. Galleri got ten yes votes on safety, but only six on whether it works.
The picture
Yes votes out of ten FDA advisers on each of the three questions about Galleri. One adviser abstained on the last question.
Seen the same day
No side effects were blamed on Longeveron's cells, so the safety question looked fine. The works question failed, because the babies' hearts pumped no better.
Seen the same day
Immunovant's drug was safe and did not work in skin lupus. The company also weighed worth: rival drugs are further ahead, so it stopped.
Seen the same day
Sefaxersen met its main goal and showed no new safety problems.
Seen the same day
Whether it is worth using will be judged against Fabhalta, a pill for the same disease that is already approved.
The catch
Splitting the decision makes each vote clearer, but someone still has to add the three answers up, and the FDA can decide differently from its advisers.
The whole
The advisers voted for everyone aged 50 and over at once.
The whole
A person offered the test has to weigh the same questions for themselves: a $949 price and a possible false alarm, against a cancer it might find early.
Who pays
Longeveron's shareholders
The shares fell 60% after the trial failed.
Nobody knows yet
Whether Longeveron can keep going.
It had $10.1 million in cash at the end of June and has hired a bank to review all its options.
1 source
Stem cells fail to help babies' hearts
The full story
Stem cells fail to help babies' hearts
Longeveron's stem-cell treatment, laromestrocel, did not help babies born with hypoplastic left heart syndrome, where the left side of the heart is too small to work.
Why it matters. Longeveron's shares fell 60%, and it had $10.1 million in cash at the end of June.
Roche kidney injection passes a big trial
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Roche's monthly injection sefaxersen met its main goal in a late-stage trial in IgA nephropathy, a disease in which the immune system damages the kidneys' filters.
After 37 weeks, patients on it leaked less protein into their urine than patients on a dummy injection.
The trial stays blinded until week 105 to measure kidney function itself.
Why it matters
It would compete with Novartis's Fabhalta, a twice-daily pill that blocks the same protein, factor B, and is already fully approved.
How it works
Sefaxersen met its main goal and showed no new safety problems. Whether it is worth using will be judged against Fabhalta, a pill for the same disease that is already approved.
The idea, in story 3: Safe, working and worth it are three separate questions →Nobody knows yet
Whether sefaxersen protects the kidneys, not only the urine test.
Roche's trial stays blinded until week 105 to measure kidney function itself.
Good news
A monthly injection from Roche cut the protein leaking into the urine of people with IgA nephropathy, a kidney disease, in a late-stage trial, with no new safety problems.
1 source
Roche kidney injection passes a big trial
The full story
Roche kidney injection passes a big trial
Roche's monthly injection sefaxersen met its main goal in a late-stage trial in IgA nephropathy, a disease in which the immune system damages the kidneys' filters.
Why it matters. It would compete with Novartis's Fabhalta, a twice-daily pill that blocks the same protein, factor B, and is already fully approved.
A skin lupus antibody is dropped
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Immunovant stopped testing its antibody IMVT-1402 in cutaneous lupus, a form of lupus that inflames the skin.
In 57 adults, skin scores after 12 weeks were no better than on a dummy drug.
The drug blocks FcRn, a protein that keeps the body's own antibodies in the blood for longer.
The company said it stopped because of the result and because rival drugs are further ahead.
Why it matters
Immunovant is still testing the same drug in five other diseases, including Graves' disease and myasthenia gravis.
How it works
Immunovant's drug was safe and did not work in skin lupus. The company also weighed worth: rival drugs are further ahead, so it stopped.
The idea, in story 3: Safe, working and worth it are three separate questions →Who pays
Adults with skin lupus
One drug that was being tested for them has been dropped.
1 source
A skin lupus antibody is dropped
The full story
A skin lupus antibody is dropped
Immunovant stopped testing its antibody IMVT-1402 in cutaneous lupus, a form of lupus that inflames the skin.
Why it matters. Immunovant is still testing the same drug in five other diseases, including Graves' disease and myasthenia gravis.
China aims for a quarter of new drug types
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China's government wants a quarter of the world's first-in-class drugs, meaning drugs that work in a way no earlier drug does, to come from China by 2030.
- China's target share25 · 25%
- Rest of the world75 · 75%
The goal is in a five-year plan published on 18 September by China's drug regulator and eight other agencies.
It also wants 50 Chinese drugmakers each selling at least $1.5 billion a year.
A GSK executive said at a panel that its deals with Chinese companies such as Hansoh are paying off.
Why it matters
Chinese companies are now a major source of new drugs for US and European drugmakers.
Who gains
China's drug companies
Their government's five-year plan backs new kinds of drugs, and GSK says its Chinese deals are paying off.
Nobody knows yet
Whether US rules will keep most drug deals with Chinese companies legal.
The Treasury's draft rules are not final and could change.
2 sources
China aims for a quarter of new drug types
The full story
China aims for a quarter of new drug types
China's government wants a quarter of the world's first-in-class drugs, meaning drugs that work in a way no earlier drug does, to come from China by 2030.
- China's target share25 · 25%
- Rest of the world75 · 75%
Why it matters. Chinese companies are now a major source of new drugs for US and European drugmakers.
A plan to control NIH grants stalls
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A planned Trump administration order that would let political appointees veto grants from the NIH, the US government's medical research agency, is looking dead.
That is according to Senator Susan Collins and a person familiar with the decision.
Collins, a Republican who leads the US Senate's spending committee, wrote on Tuesday urging officials not to go ahead.
Why it matters
The panel would have included Russell Vought, President Trump's budget director, who had accused the NIH of funding work that does not match the Trump administration's goals.
Why it matters
Collins wrote that grants should be decided on scientific merit, not political ideology.
Who gains
Scientists funded by the NIH
A plan to give political appointees a veto over their grants looks dead after senators objected.
Nobody knows yet
Whether the plan to control NIH grants is dead or only paused.
The word 'dead' comes from Senator Collins and one unnamed person, and the Trump administration did not comment.
Good news
A Trump administration plan to give political appointees a veto over NIH research grants looks dead, after senators from both parties objected.
1 source
A plan to control NIH grants stalls
The full story
A plan to control NIH grants stalls
A planned Trump administration order that would let political appointees veto grants from the NIH, the US government's medical research agency, is looking dead.
Why it matters. The panel would have included Russell Vought, President Trump's budget director, who had accused the NIH of funding work that does not match the Trump administration's goals.
An AI drug finder raises $311 million
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Enveda, a Colorado company that uses AI to find drug-like molecules in plants and microbes, raised $311 million from investors.
One, ENV-294, is an eczema pill that shrank the area and severity of the rash by 68% on average after 28 days, in a small early trial.
Another, ENV-308, copies a hormone the body releases after exercise.
Why it matters
The round is as big as some of this year's largest biotech share sales on the stock market.
2 sources
An AI drug finder raises $311 million
The full story
An AI drug finder raises $311 million
Enveda, a Colorado company that uses AI to find drug-like molecules in plants and microbes, raised $311 million from investors.
Why it matters. The round is as big as some of this year's largest biotech share sales on the stock market.
Basecamp raises $140 million for AI-designed DNA
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Basecamp Research raised $140 million to train its EDEN AI models, which design pieces of DNA.
It wants to use them to make cell therapies that are simpler and cheaper to produce than today's.
In a study not yet checked by other scientists, half of the DNA-inserting enzymes EDEN designed worked in human cells.
Investors include Nvidia's venture arm and Anthropic, the company that makes the Claude AI models.
Why it matters
It is one of two AI drug-discovery rounds announced on 23 September, alongside Enveda's.
Who gains
AI drug-discovery companies
Enveda raised $311 million and Basecamp Research $140 million on the same day.
2 sources
Basecamp raises $140 million for AI-designed DNA
The full story
Basecamp raises $140 million for AI-designed DNA
Basecamp Research raised $140 million to train its EDEN AI models, which design pieces of DNA.
Why it matters. It is one of two AI drug-discovery rounds announced on 23 September, alongside Enveda's.
US military money for Flagship biotechs
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The US Department of War, the country's defence department, gave Flagship Pioneering a $47 million contract over five years.
The money is for medical countermeasures: vaccines, drugs and tests for use after a biological or chemical attack, or a new natural outbreak.
The first programmes are at Apriori Bio, which uses AI to predict how viruses change, and Prologue Medicines, which designs proteins.
Why it matters
The contract adds military money to AI biology.
Why it matters
It comes in the same week that US civilian research money at the NIH was the subject of a fight over who decides grants.
Who gains
Flagship Pioneering
It gets $47 million over five years from the US Department of War for two of its companies.
2 sources
US military money for Flagship biotechs
The full story
US military money for Flagship biotechs
The US Department of War, the country's defence department, gave Flagship Pioneering a $47 million contract over five years.
Why it matters. The contract adds military money to AI biology.
Boehringer widens a genetics deal
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Boehringer Ingelheim, a German drugmaker, expanded its deal with Variant Bio, a Seattle company, adding more than $250 million in possible payments.
Variant uses AI on genetic data from people in many parts of the world to find new drug targets.
The deal began in January, worth $120 million, for kidney disease, and now covers heart disease too.
It came a day after Boehringer signed a deal worth up to $1 billion with another AI company, Envisagenics.
Why it matters
Boehringer already sells Jardiance, a drug for heart failure and kidney disease.
1 source
Boehringer widens a genetics deal
The full story
Boehringer widens a genetics deal
Boehringer Ingelheim, a German drugmaker, expanded its deal with Variant Bio, a Seattle company, adding more than $250 million in possible payments.
Why it matters. Boehringer already sells Jardiance, a drug for heart failure and kidney disease.
A numbing drug that lasts weeks, in rats
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Researchers at Boston Children's Hospital made tiny fat bubbles, called liposomes, that release a drug very slowly.
They filled them with tetrodotoxin, a nerve poison from pufferfish, and injected them near a nerve in rats' legs.
A numbing drug sold today lasted four to eight hours.
Why it matters
The team says it could one day replace opioids for pain after surgery.
Good news
In rats, a new slow-release numbing drug kept a leg numb for two to three weeks, with no harm at the injection site. The version sold today lasted four to eight hours.
1 source
A numbing drug that lasts weeks, in rats
The full story
A numbing drug that lasts weeks, in rats
Researchers at Boston Children's Hospital made tiny fat bubbles, called liposomes, that release a drug very slowly.
Why it matters. The team says it could one day replace opioids for pain after surgery.
Cleaning and reusing drug-growing liquid
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Many antibody drugs are made by living cells grown in a nutrient liquid, and the liquid is costly.
Researchers at MIT used an electric field to pull waste out of used liquid so it can be reused.
Factories that recycle the liquid today usually reuse less than half, and reusing it without cleaning can slow the cells down.
Why it matters
The method is still at pilot stage.
1 source
Cleaning and reusing drug-growing liquid
The full story
Cleaning and reusing drug-growing liquid
Many antibody drugs are made by living cells grown in a nutrient liquid, and the liquid is costly.
Why it matters. The method is still at pilot stage.
A smarter controller for drug-making cells
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Researchers at Sartorius built a control system for tanks of hamster-ovary cells, the standard cells used to make antibody drugs.
It adjusts three flows at once: fresh food in, old cells out and product out.
Much of the testing was done on digital copies of the process.
Why it matters
It lets a factory switch between running steadily and squeezing out more product without stopping the run.
Why it matters
It stayed stable even when the computer model did not match the real process well.
1 source
A smarter controller for drug-making cells
The full story
A smarter controller for drug-making cells
Researchers at Sartorius built a control system for tanks of hamster-ovary cells, the standard cells used to make antibody drugs.
Why it matters. It lets a factory switch between running steadily and squeezing out more product without stopping the run.
Drugmakers turn back to brittle bones
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Drug companies and investors are returning to osteoporosis, the thinning of bones that makes them break easily in older adults.
Lilly, Merck, Novartis and GSK each once had a drug for it.
Many people who could be treated take none of today's drugs.
Why it matters
Venture investors are now making bone health one of their priorities, a turn for a field most drug companies had left.
Nobody knows yet
What the US regulatory change on osteoporosis drugs actually is.
STAT reports a long-awaited change has brought drugmakers back, but its details sit behind a paywall we could not read.
1 source
Drugmakers turn back to brittle bones
The full story
Drugmakers turn back to brittle bones
Drug companies and investors are returning to osteoporosis, the thinning of bones that makes them break easily in older adults.
Why it matters. Venture investors are now making bone health one of their priorities, a turn for a field most drug companies had left.
Promised safety studies run years late
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Hundreds of studies that companies promised to run after their drugs or devices were approved are listed by the FDA as delayed, an analysis by KFF Health News found.
Some are more than a decade late.
The FDA uses these studies to settle questions left open at approval.
Why it matters
Until they report, patients and whoever pays, including Medicare, may be paying for products that do more harm than good.
Why it matters
Galleri's biggest open question, whether it saves lives, also needs longer studies.
Who pays
Patients and payers relying on promised studies
Hundreds of studies meant to settle questions left open at approval are late, some by more than a decade.
Nobody knows yet
What Heidi Overton's 'go fast' would change at the FDA.
Her opening statement names speed and China but, in the part we could read, no specific check that would be dropped.
The full story
Promised safety studies run years late
Hundreds of studies that companies promised to run after their drugs or devices were approved are listed by the FDA as delayed, an analysis by KFF Health News found.
Why it matters. Until they report, patients and whoever pays, including Medicare, may be paying for products that do more harm than good.
That's the whole Biotech day.
16 stories, 25 sources.