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Summit and Akeso’s Chinese approval and curveball Read in browser
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17 August, 2026
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top stories
1. Biotech's reverse merger renaissance poised to continue
2. Summit and Akeso's PD-1xVEGF bispecific got a new approval in China. It came with an unwelcome surprise
3. EyePoint’s bid to compete with Eylea falls flat
4. AstraZeneca touts separate late-stage lung cancer wins with Tagrisso, Enhertu
5.
news briefing
Lilly to pay up to $370M for OmniAb collab; Slate, Fulcrum forge reverse merger
6. AstraZeneca cans late-stage bispecific trial after lung cancer setback
7. Argenx declares Phase 3 win for Vyvgart Hytrulo in autoimmune myositis
8. Biogen's monoclonal antibody felzartamab wins first global approval in China
9. Cytokinetics brings patent suit against Bristol Myers, escalating rivalry
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Karen Weintraub
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Today saw the 17th reverse merger of 2026. Kyle LaHucik explains why this approach to going public has gained such appeal — and why it’s likely to continue.

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Karen Weintraub
Deputy Editor, Endpoints News
1
by Kyle LaHucik

A biotech col­lect­ed $820 mil­lionin in­vestor com­mit­ments this month to take its Chi­na-sourced im­munol­o­gy drug on­to the pub­lic mar­kets. That would make it one...

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2
by Max Gelman

Sum­mit Ther­a­peu­tics and Ake­so’s next-gen­er­a­tion can­cer drug ivonescimab earned an ap­proval in Chi­na last week for first-line pa­tients with cer­tain forms of lung can­cer. But it...

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3
by Lei Lei Wu

Eye­Point’s ex­per­i­men­tal eye treat­ment came up short of Eylea, the cur­rent go-to op­tion for wet age-re­lat­ed mac­u­lar de­gen­er­a­tion, ac­cord­ing to re­sults of a Phase 3...

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4
by Elizabeth Cairns

As­traZeneca on Mon­day re­port­ed suc­cess­es in two late-stage tri­als in dif­fer­ent forms of lung can­cer — one with a two-drug com­bi­na­tion of Tagris­so and Or­pa­thys...

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