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top stories
1. FDA’s Denali approval defies recent trend of rare disease rejections
2. Exclusive: How Seaport is hedging against failure in Phase 2b depression study
3. More changes ahead for Takeda with new CEO set to take reins
4. FDA approves Corcept's Lifyorli for ovarian cancer months early
5. Merck to buy Terns for $6.7B, taking a leukemia drug that could challenge Scemblix
6. Maze meets own expectations in Phase 2 kidney disease trial in the same arena as Vertex
7. After tumultuous year, Sarepta plots rebound with early data on RNA therapies
8. Exclusive: Microneedle vaccine patch company raises $50M for pivot to GLP-1 delivery
9. Boehringer Ingelheim plans for dealmaking, obesity pipeline and R&D to counter US price pressure
10. Beam looks to accelerated approval for AATD base editing after promising update
more stories
 
Alexis Kramer
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Two drug approvals came today earlier than expected. The FDA approved Denali’s Avlayah for Hunter syndrome about a week and a half ahead of its target date. The agency also greenlit Corcept's Lifyorli for ovarian cancer more than three months ahead of its PDUFA date.

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Alexis Kramer
Editor, Endpoints News
1
by Max Gelman

The FDA grant­ed ac­cel­er­at­ed ap­proval to De­nali Ther­a­peu­tics’ rare dis­ease drug Avlayah, buck­ing a re­cent trend of re­jec­tions in the space that has put the agency un­der po­lit­i­cal pres­sure.

Avlayah, whose gener­ic name is tiv­i­de­no­fusp al­fa, will be able to treat pa­tients with Hunter syn­drome, a rare ge­net­ic dis­or­der that man­i­fests in child­hood, who weigh at least 5 kg “pri­or to ad­vanced neu­ro­log­ic im­pair­ment,” ac­cord­ing to a De­nali press re­lease. It comes with a boxed warn­ing for hy­per­sen­si­tiv­i­ty (in­clud­ing ana­phy­lax­is) that’s con­sis­tent with Avlayah’s drug class, De­nali said. The com­pa­ny al­so re­ceived a rare pe­di­atric dis­ease pri­or­i­ty re­view vouch­er.

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2
by Max Gelman

Sea­port Ther­a­peu­tics is build­ing a fail-safe in­to its Phase 2b de­pres­sion tri­al.

The biotech is test­ing its drug, called SPT-300, in pa­tients with ma­jor de­pres­sive dis­or­der. But ex­ec­u­tives be­lieve SPT-300 could prove more promis­ing in a sub­pop­u­la­tion of de­pres­sion pa­tients who al­so have what’s called “anx­ious dis­tress,” a spe­cif­ic di­ag­nos­tic cri­te­ri­on in the DSM-5 di­ag­nos­tic man­u­al.

The study’s pri­ma­ry end­point will mea­sure SPT-300’s ef­fect in all pa­tients. But Sea­port will al­so try to quan­ti­fy im­prove­ments in that sub­pop­u­la­tion as a way to pro­vide “op­tion­al­i­ty,” chief sci­en­tif­ic of­fi­cer Michael Chen told End­points News. It’s a plan that, if the tri­al ul­ti­mate­ly fails, still leaves Sea­port a path for­ward to fu­ture stud­ies and a po­ten­tial ap­proval in a small group of pa­tients.

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Incoming Takeda CEO Julie Kim
3
by Nicole DeFeudis

Take­da’s mul­ti-year re­struc­tur­ing will con­tin­ue un­der in­com­ing CEO Julie Kim.

The com­pa­ny an­nounced Wednes­day that the board has ap­proved "next steps" in its trans­for­ma­tion that will put the fo­cus on up­com­ing launch­es and its late-stage pipeline. De­tails were sparse, but Take­da said the changes are ex­pect­ed to save JPY 200 bil­lion ($1.3 bil­lion) by fis­cal 2028.

A Take­da spokesper­son said the changes are fo­cused on “stan­dard­iz­ing and sim­pli­fy­ing ways of work­ing.” The spokesper­son de­clined to pro­vide fur­ther de­tail, not­ing that “the specifics will vary by or­ga­ni­za­tion and by coun­try.”

The com­pa­ny said in a news re­lease that its next steps are “aligned with the pre­vi­ous­ly an­nounced or­ga­ni­za­tion­al struc­ture.”

Out­go­ing CEO Christophe We­ber laid out plans in 2024 to sim­pli­fy Take­da’s struc­ture, re­move lay­ers and broad­en roles. The com­pa­ny has since closed a re­search cen­ter in San Diego, trimmed its pipeline and made hun­dreds of staff cuts.

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Drug Discovery Day 2026
AI has gone from buzzword to pipeline strategy — but are the results a mixed bag? We're talking to the researchers in the thick of it about what's moving the needle, what's stalling out and what comes next. Join us for a free virtual program, then continue the conversation at an in-person-only fireside and happy hour in Boston. Choose your pass.
4
by Zachary Brennan

The FDA ap­proved Cor­cept Ther­a­peu­tic­s' Li­fy­or­li in com­bi­na­tion with nab-pa­cli­tax­el for the treat­ment of three dif­fer­ent kinds of can­cer in pa­tients who have re­ceived up to three pri­or lines of treat­ments.

The Wednes­day ap­proval came more than three months ahead of the com­pa­ny's Ju­ly 11 user fee goal date. In Jan­u­ary, the agency re­ject­ed the same drug to treat a rare hor­mon­al dis­or­der called Cush­ing’s syn­drome.

A mul­ti­cen­ter, open-la­bel tri­al of 381 pa­tients test­ed Li­fy­or­li, a se­lec­tive glu­co­cor­ti­coid re­cep­tor an­tag­o­nist, with nab-pa­cli­tax­el for adults with plat­inum-re­sis­tant ep­ithe­lial ovar­i­an, fal­lop­i­an tube, or pri­ma­ry peri­toneal can­cer. It was test­ed in pa­tients who have re­ceived one to three pri­or lines of treat­ment, at least one of which in­clud­ed be­va­cizum­ab.