Biotech News Brief

Biotech news for Thursday, June 11, 2026, ranked by our 5-dimension investment framework — regulatory, technology, commercial, manufacturing, and narrative.

Jun 10, 3:06 AM EDT

Tango Therapeutics prices upsized $600M public offering at $30/share

TNGX

Tango Therapeutics ( TNGX ) announced the pricing of an upsized underwritten public offering of 18.17M shares of its common stock and pre-funded warrants to purchase up to 1.83M shares. The gross proceeds from the offering are expected to be approximately $600…

Jun 10, 12:12 AM EDT

Cellectis wins FDA RMAT status for leukemia CAR-T candidate lasme-cel; shares rise

CLLSCMVLF

Cellectis ( CLLS ) shares rose in extended trading on Tuesday after the company said that its CD22-targeting allogeneic CAR-T therapy, lasme-cel, received FDA Regenerative Medicine Advanced Therapy (RMAT) designation for a severe form of leukemia. The granting…

Jun 9, 5:14 PM EDT

Summit Therapeutics files for $500M common stock offering; shares slide over 9%

SMMT

Summit Therapeutics ( SMMT ) announced on Tuesday that it has commenced an underwritten public offering of $500M of shares of its common stock. Shares of SMMT slipped over 9% in extended trading on Tuesday. All the shares in the proposed offering

Jun 9, 4:28 PM EDT

Shattuck Labs launches proposed public offering of common stock

STTK

Shattuck Labs ( STTK ) has commenced a public offering of shares of its common stock or, in lieu of common stock to certain investors that so choose, pre-funded warrants to purchase shares of its common stock. In addition, Shattuck expects to grant

Jun 9, 4:14 PM EDT

Lakefront Biotherapeutics launches €50M share buyback program

LKFT

Lakefront Biotherapeutics NV ( LKFT ) announced a share repurchase program of up to €50M. The company may repurchase ordinary shares through December 31, 2026. More on Lakefront Biotherapeutics Lakefront Biotherapeutics NV 2026 Q1 - Results - Earnings Call Pre…

Jun 9, 4:01 PM EDT

Novavax rises after six sessions of decline

NVAX

Shares of Novavax ( NVAX ) rose 0.58% to close at $8.67 on Tuesday, ending a six-session slide. The stock has fallen around 18% between June 1 and June 8, compared to a 2.56% decline in the S&P 500 over the same period. According

Jun 9, 10:26 AM EDT

Cartesian climbs on licensing deal with WestGene for CAR-T therapies

RNAC

PM Images Cartesian Therapeutics ( RNAC ) jumped over 30% on Tuesday after announcing a licensing deal to develop its CAR-T cell therapies using a drug delivery technology developed by the mRNA therapeutics company WestGene Biopharma. Under the collaboration,…

Jun 9, 10:04 AM EDT

Retail traders rotate out of chip stocks into high-beta names

PTENADEACEGMRVL

Retail investors are rotating out of semiconductor stocks and into higher-beta speculative names, according to recent retail flow data from Vanda Research. The shift comes after months of strong retail buying in semiconductor companies and may reflect investor…

Jun 9, 9:54 AM EDT

AIM ImmunoTech announces $2.65M financing priced at-market

AIMIII

AIM ImmunoTech ( AIM ) on Tuesday said it has entered into definitive agreements for a registered direct offering and concurrent private placement priced at-the-market under NYSE American rules for gross proceeds of approximately $2.65 million. The offering is…

Jun 9, 9:00 AM EDT

Disc Medicine gets FDA onboard with approval path for rare disease therapy

IRON

JHVEPhoto/iStock Editorial via Getty Images Disc Medicine ( IRON ) traded higher in the premarket on Tuesday after announcing that the company and the FDA have reached a consensus on a path to receive U.S. approval for its rare disease therapy bitopertin. Earl…