Want to stay on top of the science and politics driving biotech today?  Sign up  to get our biotech newsletter in your inbox. New hair loss data for a sort of amped-up minoxidil is looking very plush.
Also Astellas is reentering the clinic with a next-generation gene therapy for XLMTM and Intellia’s CRISPR therapy for hereditary angioedema impresses. The need-to-know this morning Eli Lilly said it is buying Ajax Therapeutics , a privately held developer of blood cancer drugs, for as much as $2.3 billion.
Ajax’s lead medicine is a next-generation JAK2 inhibitor currently being evaluated in a Phase 1 study in patients with myelofibrosis. Ligand Pharmaceuticals said it is buying Xoma , an aggregator of drug royalties, for $739 million.
  Compass Therapeutics said its drug for advanced biliary cancer delayed tumor progression but failed to prolong survival compared to chemotherapy in a clinical trial.  BridgeBio shares were higher this morning on reports from the weekend that Pfizer had settled two of three patent cases regarding Vyndamax, its medicine for the heart condition known as ATTR-CM.
A short industry roundup noted several corporate deals and clinical results; the feed highlighted that Astellas is returning to clinical testing with a next-generation gene therapy for X-linked myotubular myopathy (XLMTM) after prior program fatalities.
The brief also referenced other biotech news including acquisitions and trial readouts.
The source did not provide protocol-level information for the Astellas XLMTM program (no description of trial phase, dose regimen, patient selection, or endpoints).
It likewise did not detail the molecular design of the next-generation gene therapy or how it differs from the earlier program associated with adverse events.
The only population context explicitly mentioned was XLMTM as the target disease for Astellas’s program.
No patient numbers, demographics, inclusion/exclusion criteria, or prior treatment histories were reported in the source.
The source states Astellas reentered the clinic “after deaths” linked to its earlier XLMTM gene‑therapy program, but it did not provide details about the number of deaths, timing, causality assessments, or regulatory actions taken.
Critical methodological, safety, and efficacy details for Astellas’s new XLMTM program are not reported in the source.
There is no trial design, outcome data, safety profile, regulatory status, or timelines provided for the Astellas program.