California Biotech Insights

Biotech Market Update
Arnatar emerges from Stealth, Kite aquires Interius Bio, Ionis wins FDA approval

August 26, 2025

Recent Funding: Arnatar Therapeutics (SD) Emerges from Stealth with $52M Series A and FDA Designations Arnatar launched with $52M in Series A funding to advance RNA-based therapies, including ART4, an antisense oligonucleotide for Alagille Syndrome. ART4 received both Orphan Drug and Rare Pediatric Disease designations, positioning it as a potential first treatment option for children […]

Biotech Leader Spotlight
Eswar Iyer, CEO of Aikium

August 21, 2025

Eswar Iyer is the Co-founder and CEO of Aikium Inc., a therapeutics company pioneering new treatments with Yotta-ML², the world’s first AI-driven trillion-protein wet lab screening platform. With over 100 patents spanning single-cell and spatial multiomics, protein and tissue engineering, hardware, and AI, Eswar has dedicated his career to advancing high-definition biological design and discovery. He completed a postdoc with George Church at Harvard’s Wyss Institute, working on groundbreaking synthetic biology approaches, and holds a PhD from George Mason University. His innovations have driven multiple industry-defining platforms and contributed to technical diligence for acquisitions totaling $480 million. Today, Eswar leads Aikium in developing targeted protein therapeutics for diseases with significant unmet needs, focusing on areas where traditional approaches like antibodies and small molecules fall short.
Biotech Market Update
Kriya raises $313M, Oric lays off 20%, Kumquat strikes $1.3B deal with Bayer

August 19, 2025

Recent Funding: Kriya Therapeutics (SF) Raises $313M to Advance Gene Therapy Pipeline Kriya Therapeutics secured $313 million in new funding, one of the largest private biotech financings of the year. The company is developing gene therapies for eye diseases, metabolic disorders (like MASH and type 1 diabetes), and neurological conditions including epilepsy. SRT Therapeutics (SD) […]

Biotech Leader Spotlight
Venkataraman Sriram, CSO of Foundery Biosciences

August 14, 2025

Venkataraman Sriram is an accomplished researcher with more than 15 years of biopharmaceutical research experience developing biological and small molecule therapeutics against tumor immunotherapy targets. Prior to joining Max and Michel in starting Foundery Biosciences, Sriram was an early employee at Pionyr Immunotherapeutics. At Pionyr, Sriram played a key role in building the research team. He also led the operational move from the incubator space to an independent facility and served as the nonclinical lead for the PY314 (anti-TREM2) program. Further, Sriram worked with a cross-functional team in filing Pionyr’s Pre-IND and IND regulatory documents. Before his time at Pionyr, Sriram worked at Gilead Sciences. Sriram established and successively led several immuno-oncology programs at Gilead Sciences and Merck. At Merck Research Laboratories (formerly the Schering-Plough Biopharma prior to its acquisition by Merck), Sriram also served as the cross-site pharmacology lead for all the immuno-oncology programs, including the anti-PD-1 antibody, Keytruda. Sriram received his Ph.D. in Biochemistry and Immunology from the University of Madras, India, and completed his post-doctoral training in immunology at the Indiana University School of Medicine.
Biotech Research Blogs
Radiopharma’s Moment: Highlights from the TRP Summit and Market Moves Shaping 2025

August 13, 2025

If 2024 was the spark, 2025 is the wildfire. Radiopharmaceuticals are no longer a niche segment in biotech—they’re at the forefront of innovation, investment, and strategic expansion. Fierce Pharma published a forecast at the start of 2025, projecting the radiopharma market to grow to $26.5B by 2031 (Insight Partners) or even $42B by 2032 (Fortune […]

Biotech Market Update
$1.86B OrbiMed Fund, Iovance and Poseida layoffs, 10x Genomics acquires Scale Bio

August 12, 2025

Recent Funding: OrbiMed Raises $1.86B for Growth-Oriented Healthcare Fund New fund will provide non-dilutive credit and royalty-based financing to biopharma, medtech, diagnostics, and healthcare services companies. More than 90% of commitments came from existing investors; recent biopharma investments include Renasant Bio and Verastem Oncology. Bill & Melinda Gates Foundation Commits $2.5B to Advance Women’s Health […]