Endpoints News
Biotechs find quick 'oxy­gen' us­ing fund­ing ex­ten­sions for cash Read in browser
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12 March, 2026
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A simpler, single-strand form of DNA may be key to non-viral gene therapy, study suggests
2. Biotechs find quick 'oxygen' using funding extensions to gain cash instead of full rounds
3. Lilly warns of impurity risk in certain compounded forms of Mounjaro and Zepbound
4. Watch: Who won the Hims vs. Novo feud?
5. Novo Holdings’ assets fell by a third in 2025 as Novo Nordisk’s value sank
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Drew Armstrong
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We pay a lot of attention to the private capital markets around here, and Kyle LaHucik has a deep look today at how more companies are stretching existing private rounds with funding extensions, as opposed to launching new money. As Kyle reports, they're a lower-risk, smaller-bite way of bringing new cash in the door. Check it out here.

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Drew Armstrong
Executive Editor, Endpoints News
@ArmstrongDrew
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Credit: Shutterstock
Endpoints In Focus
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by Ryan Cross

There’s no more icon­ic shape in bi­ol­o­gy than the twist­ing strands of DNA. Yet that same dou­ble he­lix that makes the mol­e­cule in­stant­ly rec­og­niz­able may al­so be the very thing hold­ing back cheap­er, safer, and more ef­fec­tive forms of gene ther­a­py, ac­cord­ing to new re­search.

But for­eign DNA used as a treat­ment can al­so trig­ger the in­nate im­mune sys­tem’s alarm bells, an in­sur­mount­able hur­dle for sci­en­tists try­ing to de­vel­op gene ther­a­pies that don’t re­ly on en­gi­neered virus­es, which have their own cost, safe­ty and ef­fi­ca­cy is­sues.

A new study pub­lished Wednes­day in Na­ture adds weight to an emerg­ing idea that sim­ply us­ing a sin­gle-strand­ed form of DNA can help it slide past im­mune sen­sors when pack­aged in lipid nanopar­ti­cles — the most pop­u­lar non-vi­ral de­liv­ery ves­sel.

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by Kyle LaHucik

A hand­ful of biotech star­tups have re­cent­ly tak­en an in­creas­ing­ly pop­u­lar route of fi­nanc­ing: ex­tend­ing ex­ist­ing rounds rather than tak­ing on a whole new fundrais­ing cam­paign.

If "mon­ey is like oxy­gen for biotechs," in the words of Alveus CEO Raj Kan­nan, fund­ing-round top-ups are a faster, eas­i­er way to catch a quick breath.

Kan­nan's Alveus is one of at least four biotechs that have bol­stered their ex­ist­ing rounds so far this year. The obe­si­ty biotech is joined by blood-fo­cused Atavis­tik Bio, Xo­lair hunter Poplar Ther­a­peu­tics and move­ment dis­or­der biotech Vi­ma Ther­a­peu­tics. Those four ex­ten­sions have cor­ralled $162 mil­lion col­lec­tive­ly, or $552 mil­lion when fac­tor­ing in the ini­tial clos­es of those rounds.

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3
by Elizabeth Cairns

Com­pound­ed forms of the mol­e­cule be­hind Eli Lil­ly’s meta­bol­ic block­busters Moun­jaro and Zep­bound that have vi­t­a­min B12 added to them may be un­safe, Lil­ly said Thurs­day.

Lil­ly and its fel­low GLP-1-based drug­mak­er No­vo Nordisk have both tak­en a stance against com­pound­ing phar­ma­cies, which make copy­cats of their drugs that some­times in­clude oth­er mol­e­cules such as vi­t­a­min B12 to dif­fer­en­ti­ate them from the brand­ed ver­sions. Lil­ly has sued com­pounders in the past, as has No­vo.

Lil­ly re­leased a warn­ing let­ter say­ing that tests had re­vealed “sig­nif­i­cant lev­els of an im­pu­ri­ty that re­sults from a chem­i­cal re­ac­tion be­tween tirzepatide and B12.” It sug­gest­ed that this im­pu­ri­ty could pose risks, in­clud­ing tox­i­c­i­ty and im­mune re­ac­tions, and added that pa­tients tak­ing these prod­ucts should seek al­ter­na­tive treat­ments.

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