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8 January, 2026
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1. Every FDA drug approval in 2025: Number of new treatments dipped during agency upheaval
2. Gene editing startup Tessera to lay off 90 employees, according to document, as it begins first clinical study
3. Obesity biotech Alveus gains $160M for push into MariTide's backyard — and amylins
4. Exclusive: Ollin’s drug clears retinal disease better than Vabysmo in early trial
5. FDA rejects Vanda’s jet lag drug following yearslong dispute and 'long-shot' review
6.
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MoonLake revives FDA push; Biotech trio to debut in Hong Kong
7. Exclusive: Charles Fuchs departs Roche for Tubulis' ADC pipeline fueled by recent $401M Series C
8. Exclusive: GSK to pay $50M to use Noetik's AI cancer models
9. Parabilis gets $305M for quest to conquer ‘undruggable’ proteins after early success
10. Exclusive: An MIT trio built some of biotech’s favorite AI models. Now, they're building a business
11. Former Genentech leaders’ protein degrader startup nets $107M
12. Diagonal Therapeutics secures $125M to start first-in-human genetic disease trial
13. Beacon adds $75M in push to succeed where J&J vision treatment failed
14. Vizgen raises $48M to propel push in spatial biology and multiomics tools
15. Exclusive: French biotech Enodia gets €20.7M co-led by Pfizer for protein degrader work
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Drew Armstrong
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We're FOUR days from the start of our #JPM26 event in San Francisco. If you don't have a ticket yet, get one.

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Drew Armstrong
Executive Editor, Endpoints News
@ArmstrongDrew
1
by ENDPOINTS

It was a chaot­ic year at the Food and Drug Ad­min­is­tra­tion. Thou­sands of staff left the agency. Lead­er­ship was un­sta­ble. Rou­tine drug re­views were de­layed, Com­mis­sion­er Mar­ty Makary re­port­ed­ly at­tempt­ed to in­ter­vene in an ap­proval de­ci­sion, and bi­o­log­ics chief Vinay Prasad over­rode vac­cine re­view­ers at least three times.

It’s un­clear how much that up­heaval con­tributed to the over­all num­ber of drugs ap­proved this year, which dipped slight­ly com­pared to 2024 and 2023 — de­spite Makary's claim in Ju­ly that it would be a record year for new ap­provals.

Still, many of the nov­el drugs be­fore the agency had un­event­ful re­views, and al­most all were re­viewed on time, ac­cord­ing to an End­points News analy­sis of the 53 new drugs and bi­o­log­ics ap­proved last year.

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2
by Ryan Cross

Tessera Ther­a­peu­tics, one of the biggest and most heav­i­ly fund­ed gene edit­ing star­tups, is plan­ning sweep­ing lay­offs that will im­pact 90 em­ploy­ees just as it be­gins its first clin­i­cal study, ac­cord­ing to work­er no­tices post­ed in two states.

The start­up at one time boast­ed a work­force of well over 300. Tessera pre­vi­ous­ly laid off about 13% of its staff in April 2024 and 17% in Ju­ly 2025, but didn’t dis­close spe­cif­ic head­counts at the time. The new lay­off num­ber was dis­closed on Wednes­day in WARN no­tices post­ed in Col­orado and Wash­ing­ton. The vast ma­jor­i­ty of the com­pa­ny’s work­force is based in Somerville, MA.

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Alveus Therapeutics CEO Raj Kannan (L) and CSO Jacob Jeppesen
3
by Kyle LaHucik

An­oth­er obe­si­ty biotech has en­tered the fray as tirzepatide and semaglu­tide fly off phar­ma­cy shelves.

Alveus Ther­a­peu­tics dis­closed a $159.8 mil­lion Se­ries A on Thurs­day morn­ing to cre­ate med­i­cines that dri­ve bet­ter qual­i­ty of weight loss and help pa­tients stay on treat­ment for longer du­ra­tions than No­vo Nordisk's We­govy and Eli Lil­ly's Zep­bound megablock­busters.

The biotech's lead can­di­date, ALV-100, will en­ter Phase 1b/2 this quar­ter. The drug was li­censed from Chi­na-based biotech Gmax and is ex­pect­ed to be dosed quar­ter­ly; Sino Bio­pharm has the Greater Chi­na rights. ALV-100 an­tag­o­nizes GIPR and ag­o­nizes GLP-1, which is a sim­i­lar ap­proach to Am­gen's much-an­tic­i­pat­ed Mar­i­Tide.

The Copen­hagen and Philadel­phia start­up al­so has a pre­clin­i­cal pipeline of prospects in the amylin space, an­oth­er mech­a­nism that's gained ground with re­cent da­ta read­outs.