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- Processa acquires Vidya for potential BTK inhibitor rival to Novartis’ RhapsidoProcessa Pharmaceuticals has made a push into the autoimmune space via the acquisition of Vidya Therapeutics, which delivers a potential rival to Novartis’ Rhapsido.Fierce Biotech · 5h ago↗ source
- ‘Reverse mergers are increasingly popular’: Caldera hops on Synlogic’s Nasdaq listingCaldera Therapeutics has struck a reverse merger with the publicly traded Synlogic and inked a $278 million financing deal, continuing the meteoric rise of the inflammatory bowel disease startup.Fierce Biotech · 7h ago↗ source
- Vertex’s latest autoimmune TCE play involves $28M upfront to AbCelleraAbCellera’s T-cell engager platform has reeled in a second client this summer, with Vertex paying $28 million upfront for a collaboration that will include autoimmune conditions.