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The Biotech Brief · Vol. 1 · 27 Oct 2026

Track records get funded

News from the previous week · Biotech, R&D & Clinical

$200MStar Therapeutics private round, co-led by OrbiMed and Janus Henderson
$8MCIRM grant for Epicrispr's FSHD trial
3FDA steps forward for small biotechs in this issue

Funding & Financings

Star Therapeutics raises $200M

Fresh off selling Vega to Incyte and floating Electra, the team is restarting with a preclinical hematology and immunology pipeline. Janus Henderson says it rarely invests this early.

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Epicrispr wins an $8M CIRM grant

Non-dilutive money for the Phase 1/2 trial of EPI-321, a one-time epigenetic therapy that silences DUX4 in FSHD without cutting DNA.

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Why it matters: investors are backing proven teams, and grants are filling gaps for everyone else.

FDA & Regulatory

FDA lifts Aardvark's clinical hold

ARD-101 for Prader-Willi hunger can return to the clinic once a new Phase 3 design is agreed, after a fresh ECG study found no cardiac events.

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Xylyx Bio gets orphan status and $2.99M from the NIH

Its bioengineered Inspirex Lung aims to rescue injured donor lungs. The grant funds first-in-human studies.

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Medicovestor's MC001 gets Fast Track

The pancreatic cancer ADC now has orphan status, an active IND and Fast Track, all before its first Phase 1 patient.

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Why it matters: every one of these puts regulatory strategy at the centre of the next 12 months.

Talent Insight

Small biotechs need regulatory muscle early

  • Regulatory affairs is the first senior hire that matters for small biotechs coming off a designation or a hold. People who have negotiated directly with the FDA are scarce.
  • Lean, grant-funded teams want hybrids: a clinical lead who can also own filings, or a founding executive who has run a first-in-human study before.
  • For 2027 plans: If a Phase 1 is on your roadmap, line up clinical operations and regulatory leadership before first patient in, not after.

Building a team in Biotech, R&D & Clinical?

Jordan Griffiths specialises in Biotech, R&D & Clinical hiring at QP Group. Talk to Jordan about the market, salaries or a search.

Email Jordan · jordan.griffiths@qpexec.com →
Jordan GriffithsThe Biotech Brief · QP Group
jordan.griffiths@qpexec.com

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