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Gilead exercises option to license Assembly Bio’s HSV helicase-primase inhibitor programs

by mariel | Dec 22, 2025 | Portfolio News

Assembly reported positive interim Phase 1b HSV data and announced Gilead exercised its option to license both HSV programs, including a $35M payment and eligibility for milestones/royalties.

Ceribell receives FDA 510(k) clearance for delirium monitoring solution

by mariel | Dec 9, 2025 | Portfolio News

Ceribell reported > $22M Q3’25 revenue, raised FY25 revenue guidance to $87M–$89M, and received FDA 510(k) clearance for its delirium monitoring solution.

Mirum enters definitive agreement to acquire Bluejay Therapeutics

by mariel | Dec 8, 2025 | Portfolio News

Mirum announced a definitive agreement to acquire Bluejay and add worldwide rights to brelovitug; Mirum also completed private placements totaling $268M to finance the transaction.

Vera submits BLA for atacicept in IgA nephropathy; FDA assigns PDUFA date

by mariel | Nov 7, 2025 | Portfolio News

Vera submitted a BLA via Accelerated Approval for atacicept in IgAN and later reported a PDUFA target action date of July 7, 2026.

Roche completes acquisition of 89bio; Longitude funds report transaction closed Oct. 30

by mariel | Oct 30, 2025 | Portfolio News

Funds reported the Roche transaction closed October 30 and that 89bio will no longer be reported going forward.

Novartis completes acquisition of Tourmaline Bio

by mariel | Oct 28, 2025 | Portfolio News

Novartis completed its acquisition of Tourmaline Bio following the previously announced all-cash agreement at $48/share.

Boston Scientific to acquire Nalu Medical for $533M (cash)

by mariel | Oct 17, 2025 | Portfolio News

Nalu Medical agreed to be acquired by Boston Scientific for $533 million in cash (excluding Boston Scientific’s existing strategic investments).

Veradermics announces oversubscribed $150M Series C financing

by mariel | Oct 16, 2025 | Portfolio News

Veradermics closed an oversubscribed $150 million Series C financing led by SR One to fund Phase 3/registrational work for its lead program.

Zenas BioPharma and InnoCare announce “transformational” license agreement (MS + autoimmune pipeline)

by mariel | Oct 8, 2025 | Portfolio News

Zenas announced a license agreement for global development/commercialization rights to orelabrutinib for MS and additional autoimmune assets; Phase 3 activity in progressive MS was underway/initiating.

Somatus announces mortality reduction results from new kidney disease care model study

by mariel | Oct 1, 2025 | Portfolio News

Somatus reported results from a new study showing a statistically significant reduction in mortality for kidney disease patients, reinforcing outcomes from its care model.
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Maggie Jamison

mjamison@longitudecapital.com

650-854-5700

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