Electra’s Upsized IPO Lands $350M for New Class of Precision Immunology Drugs

Electra Therapeutics’ IPO cash will support a potential first-in-class drug whose lead indication is a rare hyperinflammatory disorder with no FDA-approved treatments. Meanwhile, clinical-stage biotechs Marea Therapeutics and Sensorion revealed their respective plans to enter the U.S. public markets. The post Electra’s Upsized IPO Lands $350M for New Class of Precision Immunology Drugs appeared first…

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Whack-a-Mole AI – The Hugging Face Problem

By MIKE MAGEE On August 29, 2026, METR (Model Evaluation and Threat Research), an independent organization that “evaluates frontier AI models to help companies and wider society understand AI capabilities and what risks they pose,” released a report titled “Brief independent investigation of agents’ behavior, reasoning and collaboration in the OpenAI / Hugging Face hacking…

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Ultragenyx Gene Therapy Is First Approved Treatment for Rare Neuro Disease Sanfilippo

Ultragenyx Pharmaceutical’s Fayuvi is now the first FDA-approved therapy for the underlying cause of Sanfilippo syndrome type A, an ultra-rare inherited neurological disorder. It’s the second approved gene therapy for Ultragenyx, which specializes in rare disease medicines. The post Ultragenyx Gene Therapy Is First Approved Treatment for Rare Neuro Disease Sanfilippo appeared first on MedCity…

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