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The Biotech Brief · Vol. 2 · 3 Nov 2026

Rare disease money and rules move

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

$350MDren Bio's oversubscribed private round for dibotatug
$90MSetara Series A to run Actio's spun-out rare disease pipeline
94%Share of Artiva's workforce cut after AlloNK was dropped

Funding & Financings

Dren Bio raises $350M

Juvia Group and Lightspeed co-led an oversubscribed round to take dibotatug, a CD94 antibody for two rare blood cancers, through a filing and towards launch.

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Setara spins out of Jazz's Actio deal with $90M

Jazz kept the epilepsy lead; Setara takes the rest, led by a TRPV4 inhibitor with Orphan, Rare Pediatric and Fast Track status heading into a CMT2C study in 2027.

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Why it matters: big private rounds are going to rare disease programmes with a clear route to a filing.

Regulatory & Clinical

FDA drafts a one-licence route for personalised gene editing

New patient-specific variants could be added to an approved BLA without new trials, if they sit inside pre-agreed limits. CMS is also widening its cell and gene therapy access model.

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Artiva drops AlloNK and cuts 94% of staff

After two patient deaths and responses that did not last, the NK cell therapy for autoimmune disease is stopped, the Phase 3 is off and a strategic review is under way.

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Why it matters: evidence for gene editing is shifting towards CMC, while cell therapy in autoimmunity still has to prove durability.

Leadership Moves

Opus Genetics hires Andrew Murphy as CSO

The inherited retinal disease gene therapy company brings in Kriya's former head of research and early development, who has supported seven programmes through IND or CTA.

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Cynthia Pussinen becomes CEO and chair of Estrella Immunopharma

The former Sernova CEO and Spark Therapeutics CTO takes over as the T-cell therapy company's lead candidate moves into dose expansion. Previous CEO Cheng Liu becomes CSO.

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Talent Insight

The next hire is the one that gets you to a filing

  • Going from a Phase 1/2 study to a filing means hiring regulatory, medical affairs and market access leaders that research-led biotechs often don't have yet.
  • If the FDA's gene editing approach sticks, analytical and CMC leaders with editing experience become as important as clinical ones.
  • Worth watching: Restructures like Artiva's put experienced cell therapy people back on the market at once. Companies hiring nearby should be visible now.

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 Griffiths
Jordan GriffithsBusiness Consultant · R&D, Clinical
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