Why it matters: Many people with ulcerative colitis do not reach or stay in remission on existing drugs. Microbiotica designed MB310, a once-daily capsule of eight live gut bacterial strains, to deliver lasting remission without suppressing the immune system.

The European Commission (EC) has approved Kimberly-Clark’s US$40 billion Kenvue acquisition following the beauty giant’s agreement to divest brands in the region. With the move, Kimberly-Clark has offered to offload all of its tampon and other feminine hygiene brands in the European Economic Area (EEA), effectively pulling out of the market in the region.

Why it matters: The sale gives cancer cell-therapy research that Lakefront was shutting down another chance to reach patients, with fresh financing and former Galapagos CEO Paul Stoffels among the executives returning to develop the technology they helped bring into Galapagos in 2022. Lakefront, which retains potential financial upside from the sale, is building a new pipeline focused on immunology and inflammation, led by a T-cell engager for autoimmune diseases.

Oral care brand Boka and functional soda company OliPop have partnered to release a limited-edition seasonal toothpaste. The product is inspired by the latter’s Pomegranate Sparkle soda and is said to deliver probiotic oral care “with a twist.” 

Why it matters: The financing is the second largest private biotech round of 2026 in Europe folowing Isomorphic’s $2.1 billion Series B in May, and brings OMass’ total funding to approximately $475 million (about €423 million). It gives the University of Oxford spinout the resources to advance two internally discovered drug candidates through clinical development while building a larger biotechnology company.

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