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Industry updates · Page 6

Follow sourced scientific, clinical, partnership, capacity, and financial developments. Factual summaries and business interpretations are presented separately.

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Processa Pharmaceuticals

Processa and Generian partner on oral macrocyclic FcRn antagonists

Processa announced a research collaboration and exclusive option agreement with Generian Pharmaceuticals to advance an oral macrocyclic peptide FcRn antagonist program. The companies aim to develop oral alternatives to injectable treatments for IgG-mediated autoimmune diseases. The announcement disclosed neither human data for the peptide program nor financial terms; a separate BTK program received Phase 2 IND clearance.

成都先导 / 巨潮资讯 CNinfo

HitGen reports nine-month revenue growth of 48.73%

HitGen reported consolidated revenue of RMB0.550 billion, up 48.73%, and attributable net income of RMB139.4 million for the nine months ended September 30, 2026. Attributable net income increased 50.11%. These are consolidated year-to-date figures rather than third-quarter-only results. The quarterly filing is unaudited and covers the year-to-date period.

C4 Therapeutics

C4 Therapeutics expands target-first DEL capabilities for molecular glue discovery

C4 Therapeutics described a DNA-encoded library that incorporates its cereblon-binding ligand collection for target-first molecular glue discovery. The company reported known and novel VAV1 degrader hits as platform validation, while stating that it would not advance VAV1 without a partner. This is a discovery-platform update, not the clinical entry of a new drug candidate.

康龙化成 / 巨潮资讯 CNinfo

Pharmaron reports nine-month revenue growth of 19.01%

Pharmaron reported consolidated revenue of RMB12.003 billion, up 19.01%, and attributable net income of RMB1,247.1 million for the nine months ended September 30, 2026. CDMO revenue rose 31.72%, while new CDMO orders increased more than 40%. The quarterly filing is unaudited and covers the year-to-date period.

博济医药 / 巨潮资讯 CNinfo

Boji Medical reports nine-month revenue growth of 25.24%

Boji Medical reported consolidated revenue of RMB0.732 billion, up 25.24%, and attributable net income of RMB49.3 million for the nine months ended September 30, 2026. Attributable net income increased 124.95%, while net operating cash flow was negative RMB9.6 million over the period. The quarterly filing is unaudited and covers the year-to-date period.

Nature Biotechnology

An mRNA–lipid nanoparticle vaccine against H5N1 influenza virus protects lactating dairy cows from infection

An experimental H5N1 mRNA-LNP vaccine was tested in eight lactating dairy cows split between vaccinated and control groups. After two doses and mammary challenge, vaccination reduced peak viral RNA in milk by about 1,000-fold and lessened mastitis and fibrosis. This small animal study does not establish field effectiveness or human protection.

Monte Rosa Therapeutics

Novartis starts a second Phase 2 trial of VAV1 degrader MRT-6160

Monte Rosa announced that Novartis initiated a second Phase 2 study of the VAV1 molecular glue degrader MRT-6160, also called DDY391, in active moderate to severe psoriatic arthritis. The randomized, double-blind, placebo-controlled trial will assess efficacy, safety, tolerability, and dose response. The first patient visit triggers a $37.5 million milestone payment.

Wave Life Sciences

Wave outlines WVE-006 development plans and WVE-007 Phase 2a studies

Wave's quarterly update describes planning for a registrational WVE-006 RNA-editing study in AATD and ongoing WVE-007 siRNA Phase 2a work. The company also reports FDA support for its LC-MS assay in the planned WVE-006 program. Regulatory feedback and trial plans do not constitute marketing approval or comparative efficacy evidence.

bioRxiv

GROND preprint adds dynamical corrections to standard electron crystallography workflows

An October 27 preprint introduces GROND, an open-source tool that inserts dynamical scattering corrections between conventional electron diffraction processing and refinement. Tests across six structures improved refinement residuals and revealed previously unmodeled hydrogen atoms in small molecules. The work has not been peer reviewed, and performance on pharmaceutical samples needs separate validation.

博腾股份 / 巨潮资讯 CNinfo

Porton Pharma Solutions reports nine-month revenue growth of 8.66%

Porton Pharma Solutions reported consolidated revenue of RMB2.765 billion, up 8.66%, and an attributable net loss of RMB112.1 million for the nine months ended September 30, 2026. The group posted an attributable loss of RMB112.1 million; impairment related to its discontinued Slovenia project affected earnings. The quarterly filing is unaudited and covers the year-to-date period.

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