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Daily Brief · 2026-05-13 · 2026-05-13 03:04 UTC
948 articles monitored · 14505 events scored · 2358 high-value · 82 verified sources
14505
Events
14335
Stories
2358
High Value
82
Sources
11338health canada approval
2197ema approval
487m a deal
109anvisa approval
76fda approval
33phase3 result
24regulatory filing
23partnership
22earnings guidance
7trial halt
6fda rejection
5orphan drug
4breakthrough designation
2pdufa
1phase2 result
1unknown
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⬤ LIVE
Today marks a landmark event with the FDA's approval of the first-ever PROTAC drug, validating the targeted protein degradation modality. In other regulatory news, Partner Therapeutics secured approval for Bizengri for a rare cholangiocarcinoma. Late-stage clinical results were mixed: Alkermes announced positive Phase 3 data for Lumryz in a rare sleep disorder, while Gossamer Bio's stock plummeted 80% following a significant Phase 3 trial failure. In a strategic shift, Ascendis Pharma halted the internal development of its IL-2 oncology candidate.
#1
FDA APPROVAL
1.0
Tier B
First PROTAC drug gains FDA approval, validating new therapeutic modality
The FDA has approved the first-ever drug based on proteolysis-targeting chimera (PROTAC) technology.
#2
FDA APPROVAL
3.84
Tier A+
Partner Therapeutics' Bizengri approved for rare NRG1+ cholangiocarcinoma
The FDA approved Bizengri for adults with advanced, unresectable or metastatic cholangiocarcinoma with an NRG1 gene fusion who have progressed on prior systemic therapy.
#3
PHASE 3
3.8
Tier A+
Gossamer Bio stock collapses 80% after Phase 3 PROSERA trial failure
The company announced the failure of its Phase 3 PROSERA trial, leading to an 80% stock drop and a subsequent securities class action lawsuit.
#4
PHASE 3
2.78
Tier A
Alkermes' Lumryz meets all endpoints in Phase 3 for rare sleep disorder
The drug met all primary and key secondary endpoints in a pivotal Phase 3 study.
#5
TRIAL HALT
2.74
Tier A
Ascendis Pharma halts IL-2 candidate development, retreating from oncology expansion
The company has ended internal development of its IL-2 candidate, which was once considered for accelerated approval.
ActionDrugCompanyDetail
Approval Bizengri (zenocutuzumab-zbco) Partner Therapeutics Approved for adults with advanced, unresectable or metastatic cholangiocarcinoma harbouring an NRG1 gene fusion who have progressed on prior therapy.
Approval Anbal-cel (CRC01) ProBio Inc. and Curocell BLA regulatory approval for the next-generation anti-CD19 CAR-T therapy.
Approval Unspecified PROTAC drug Unspecified First-in-class FDA approval for a drug utilizing targeted protein degradation (PROTAC) technology.
DrugCompanyPhaseResultEndpoints
Lumryz Alkermes Phase 3 Success Met all primary and key secondary endpoints in a study for a rare sleep disorder.
Unspecified (PROSERA trial) Gossamer Bio, Inc. Phase 3 Failure Trial failed to meet its primary endpoint(s).
IL-2 candidate Ascendis Pharma Clinical Development Halted Internal development has been discontinued.
TypePartiesValueDetail
M&A (Context) Alkermes / Avadel $2,370,000,000 Alkermes' positive Phase 3 data for Lumryz follows its $2.37 billion acquisition of Avadel, the drug's original developer.
The landmark approval of the first PROTAC drug validates the targeted protein degradation modality, signaling a new wave of investment and development for previously 'undruggable' targets.
A stark contrast between a major Phase 3 failure (Gossamer Bio) and a success (Alkermes) underscores the persistent binary risk in late-stage biotech, heavily impacting company valuations.
Continued approvals in niche oncology, such as Partner Therapeutics' Bizengri for NRG1-fusion cancer, reinforce the viability of targeted therapies for ultra-rare indications.
PHASE 3
Alkermes announced that its sodium oxybate drug, Lumryz, met all primary and key secondary endpoints in a Phase 3 study for a rare sleep disorder. This clinical success follows Alkermes' $2.37 billion acquisition of Avadel.
Alkermes announced that its sodium oxybate drug, Lumryz, met all primary and key secondary endpoints in a Phase 3 study for a rare sleep disorder. This clinical success follows Alkermes' $2.37 billion acquisition of Avadel.
FDA APPROVAL
This article describes a compilation of New Molecular Entity (NME) drug and new biologic approvals by the Center for Drug Evaluation and Research (CDER). The dataset covers approvals from 1985 to 2019, including both small molecule drugs and new biological products.
This article describes a compilation of New Molecular Entity (NME) drug and new biologic approvals by the Center for Drug Evaluation and Research (CDER). The dataset covers approvals from 1985 to 2019, including both small molecule drugs and new biological products.
FDA APPROVAL
Partner Therapeutics has secured FDA approval for Bizengri. The drug is indicated for adults with advanced, unresectable or metastatic cholangiocarcinoma harbouring an NRG1 gene fusion who have progressed on or after prior systemic therapy.
Partner Therapeutics has secured FDA approval for Bizengri. The drug is indicated for adults with advanced, unresectable or metastatic cholangiocarcinoma harbouring an NRG1 gene fusion who have progressed on or after prior systemic therapy.
FDA APPROVAL
ProBio Inc. and Curocell have achieved a significant milestone with the BLA regulatory approval of Anbal-cel (CRC01), a next-generation anti-CD19 CAR-T therapy. This approval highlights Korean innovation and marks commercial readiness for the drug.
ProBio Inc. and Curocell have achieved a significant milestone with the BLA regulatory approval of Anbal-cel (CRC01), a next-generation anti-CD19 CAR-T therapy. This approval highlights Korean innovation and marks commercial readiness for the drug.
PHASE 3
Gossamer Bio, Inc. (GOSS) announced the failure of its Phase 3 PROSERA trial, resulting in an 80% drop in its stock price. Consequently, a securities class action lawsuit has been filed against the company and an executive by Hagens Berman, representing investors who purchased securities between June 16, 2025, and February 20, 2026.
Gossamer Bio, Inc. (GOSS) announced the failure of its Phase 3 PROSERA trial, resulting in an 80% drop in its stock price. Consequently, a securities class action lawsuit has been filed against the company and an executive by Hagens Berman, representing investors who purchased securities between Jun
FDA APPROVAL
The first PROTAC drug has gained FDA approval. This milestone bolsters the ambitions for targeted protein degradation and induced proximity in drug development.
The first PROTAC drug has gained FDA approval. This milestone bolsters the ambitions for targeted protein degradation and induced proximity in drug development.
FDA APPROVAL
The FDA has granted approval for Bizengri (zenocutuzumab-zbco), a drug designed to treat NRG1 fusion-positive cholangiocarcinoma, an ultra-rare and aggressive cancer. This approval represents the seventh under the National Priority Voucher Pilot Program.
The FDA has granted approval for Bizengri (zenocutuzumab-zbco), a drug designed to treat NRG1 fusion-positive cholangiocarcinoma, an ultra-rare and aggressive cancer. This approval represents the seventh under the National Priority Voucher Pilot Program.
TRIAL HALT
Ascendis Pharma has ended the internal development of its IL-2 candidate. This decision signifies a pivot away from oncology expansion. The company had previously considered this asset for accelerated approval.
Ascendis Pharma has ended the internal development of its IL-2 candidate. This decision signifies a pivot away from oncology expansion. The company had previously considered this asset for accelerated approval.
FDA APPROVAL
fda_approval: selinexor — None
TRIAL HALT
Ipsen has discontinued two liver disease drug candidates that were acquired from Albireo in 2023. One of these assets has been entirely set aside following the $952 million acquisition of Albireo.
Ipsen has discontinued two liver disease drug candidates that were acquired from Albireo in 2023. One of these assets has been entirely set aside following the $952 million acquisition of Albireo.
FDA APPROVAL
The FDA granted regular approval to rucaparib (Rubraca) on December 17, 2025. This approval is for adults with deleterious BRCA mutation-associated metastatic castration-resistant prostate cancer (mCRPC) who have been previously treated with an androgen receptor-directed therapy.
The FDA granted regular approval to rucaparib (Rubraca) on December 17, 2025. This approval is for adults with deleterious BRCA mutation-associated metastatic castration-resistant prostate cancer (mCRPC) who have been previously treated with an androgen receptor-directed therapy.
FDA APPROVAL
The FDA granted accelerated approval to rucaparib for the treatment of BRCA-mutated metastatic castration-resistant prostate cancer.
The FDA granted accelerated approval to rucaparib for the treatment of BRCA-mutated metastatic castration-resistant prostate cancer.
FDA APPROVAL
On September 27, 2024, the FDA granted traditional approval to selpercatinib (Retevmo) from Eli Lilly and Company. This approval is for adult and pediatric patients 2 years of age and older with advanced or metastatic medullary thyroid cancer (MTC) with a RET mutation.
On September 27, 2024, the FDA granted traditional approval to selpercatinib (Retevmo) from Eli Lilly and Company. This approval is for adult and pediatric patients 2 years of age and older with advanced or metastatic medullary thyroid cancer (MTC) with a RET mutation.
FDA APPROVAL
The FDA's May docket includes at least five PDUFA dates for regulatory decisions. These decisions pertain to one new product submitted via the 505(b)(2) pathway and four label expansions for existing products.
The FDA's May docket includes at least five PDUFA dates for regulatory decisions. These decisions pertain to one new product submitted via the 505(b)(2) pathway and four label expansions for existing products.
FDA APPROVAL
Gallant has advanced its IV-delivered stem cell therapy for canine osteoarthritis, receiving eligibility for expanded FDA-CVM conditional approval. The company is targeting conditional approval in 2028, supported by promising pilot data.
Gallant has advanced its IV-delivered stem cell therapy for canine osteoarthritis, receiving eligibility for expanded FDA-CVM conditional approval. The company is targeting conditional approval in 2028, supported by promising pilot data.
TRIAL HALT
Pfizer has abandoned the remaining clinical-stage CD47 blocker and a T-cell engager, which were acquired through its $2.3 billion acquisition of Trillium Therapeutics. This decision signifies the failure of Pfizer's investment, as all candidates from the Trillium acquisition have now been scrapped.
Pfizer has abandoned the remaining clinical-stage CD47 blocker and a T-cell engager, which were acquired through its $2.3 billion acquisition of Trillium Therapeutics. This decision signifies the failure of Pfizer's investment, as all candidates from the Trillium acquisition have now been scrapped.
PHASE 3
Viridian Therapeutics' anti-IGF-1R antibody met its primary endpoint in a second Phase 3 trial. This result clears the path for the company to file for FDA approval next year, aiming to challenge Amgen in the blockbuster market.
Viridian Therapeutics' anti-IGF-1R antibody met its primary endpoint in a second Phase 3 trial. This result clears the path for the company to file for FDA approval next year, aiming to challenge Amgen in the blockbuster market.
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