Preclinical data prompts partial hold of PepGen's DM1 trialTeva draws $400M from Blackstone to advance duvakitugRoche pours $485M into Korean R&D hubPreclinical data prompts partial hold of PepGen's DM1 trialThe FDA has placed a partial hold on PepGen's mid-stage myotonic dystrophy type 1 (DM1) study, sending its shares down about 18% during after-hours trade.The biotech is evaluating PGN-EDODM1, an oligonucleotide-based therapy designed to restore the normal splicing function of MBNL1, in the Phase II FREEDOM2-DM1 trial. According to PepGen, the partial hold stems from preclinical pharmacology and toxicology studies, adding that the FDA has not raised any issues with the blinded data from the Phase I FREEDOM trial. To address the FDA's questions, PepGen is submitting additional analyses, including the recently unblinded FREEDOM data.After receiving a dose-escalation go-ahead from the data safety monitoring board, PepGen is administering a 10 mg/kg dose of PGN-EDODM1 to patients with DM1 in the UK and Canada, up from the initial 5 mg/kg dose. The company was recently cleared to open FREEDOM2 sites in New Zealand, Australia and South Korea; no US patients have yet been enrolled in the study. PepGen plans to share data from the 5 mg/kg cohort this quarter, and from the 10 mg/kg dosing group in the second half of 2026.-Elizabeth EatonTeva draws $400M from Blackstone to advance duvakitugTeva secured $400 million in funding from Blackstone Life Sciences to support ongoing work on duvakitug, an anti-TL1A mAb being co-developed and co-commercialised with Sanofi.Duvakitug is currently in Phase III testing for ulcerative colitis and Crohn's disease. Teva and Sanofi recently reported favourable mid-stage maintenance efficacy data across both indications.Under the financing deal, which spans four years, Blackstone is eligible for regulatory and commercial milestone payments, plus royalties on global sales. For Teva, the agreement forms part of its "pivot to growth" strategy as the company accelerates investment in its innovative drug pipeline. "By pursuing disciplined, capital-efficient partnerships, we are accelerating pipeline advancement while maintaining financial strength," said Evan Lippman, Teva's executive vice president of business development.-Pavan Kumar KamatRoche pours $485M into Korean R&D hubRoche is investing in South Korea's biohealth sector, signing a memorandum of understanding (MOU) with the country's health ministry to commit KRW 710 billion ($485 million) over the next five years.The investment aims to "attract global clinical trials in the fields of common and rare intractable diseases, as well as advanced biopharmaceuticals, to Korea," according to a ministry announcement. The funds will also go toward fostering specialised R&D talent and supporting the rapid growth of promising domestic biohealth companies."We expect that the signing of this MOU will serve as an opportunity to elevate Korea's clinical trial competitiveness to the next level," said Health Minister Jeong Eun-kyung.-Anna Bratulic