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Ethyreal Bio emerges with $101M to challenge Amgen’s Tepezza in thyroid eye disease

on June 10, 2026

Amgen Amgen 's anti-TSHR antibody Avoro Capital Cervical Atlas Ethyreal Bio Graves Disease Tepezza Thyroid associated opthalmopathies venture

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autologous cell therapy autologous neurons automated bioanalysis automated biology autonomous avibactam avutometinib plus axon degeneration axonal degeneration azetukalner aztreonam b.well partnership backer bacterial detection baldness cure bankruptcy auction bankruptcy filing basel becton dickinson belumosudil bemarituzumab bempikibart benefit-risk profile benralizumab berahyaluronidase alfa berobenatide bespoke best-in-class efficacy beta version betovumeline bexmarilimab bictegravir bidders bile acid therapy biliary cholangitis billing practices billion bimagrumab bimatoprost IOL bimekizumab binding affinity measurement biochemical recurrence bioequivalence bioequivalence facility bioequivalence study bioequivalence testing biofilm-driven chronic respiratory disease biologic blockbusters biomanufacturing jobs biomarker qualification biomarker test biomedical foundation models biomedical innovation biometric tracking biomolecular AI biomolecular structure prediction biopharma agents 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deceptive deceptive marketing decision day decision science declaratory judgment defactinib deficiencies degrader degree of relationship - exchange delayed readout delgocitinib delist delivery options demerger demyelination dencatistat depression drug deprioritization deputy commissioner deruxtecan-nxki deucrictibant XR developmental restoration device regulation dexmedetomidine diabetes drugs diagnostic kit diagnostics industry diazoxide choline difficult-to-treat psoriasis digestive health startup digital coaching digital dermatology digital enablement digital endpoints digital health ecosystem digital health records digital health regulation digital health screener digital infrastructure digital marketing digital medicine digital microfluidics digital pathology prognostic test digital quality systems digital solutions digital therapeutic digital tools digital twin diluted cardiomyopathy dimethylethylsilylimidazole direct-to-consumer ( DTC ) direct-to-employer direct-to-patient model director director firing directors disability services disciplined discounts discovery engine discovery market disease activity disease awareness disease clinical trials disease control rate disease drug disease flexibility disease program disease research disease sales disease therapies disease treatment disease vouchers disease-modifying treatment disorder control (procedure) disparagement dissolvable distributor network divestiture divestitures domestic pharmaceutical industry domestic production domestic supply chain doravirine doravirine/islatravir dose-response doubt downsides downsizing downturn draft report drinking levels drug activity drug ads drug affordability drug application drug approval outlook drug candidates drug collaboration drug combo drug competition drug conjugates drug delivery innovation drug delivery platform drug developability drug development pipeline drug development sentiment drug discontinuation drug discount program drug establishment registration drug failure drug import duties drug import plan drug importation drug imports drug ingredients drug lag drug launch drug licensing drug manufacturers drug markups drug optimization drug price discounts drug price negotiation drug prices fall abroad drug pricing plan drug pricing policy drug production drug quality drug rebates drug rejection letters drug rejections drug relabeling drug review reforms drug reviews drug sales drug supply chain drug-development candidates drug-device drug-resistant drug-resistant TB drug-resistant focal seizures drug-substance drug-to-data pivot dual pathway inhibition dual-agonist dual-payload ADC dual-payload technology dual-targeting dulaglutide duplicate discounts dwarfism trial e-Lung e-posters eGenesis eRNA earlier-line treatment early disease early-phase trials early-stage trial earnings beat easing ecnoglutide efdoralprin alfa efimosfermin alfa efzofitimod elacestrant elebsiran electronic health record - ActClassContainer elenestinib elinzanetant elironrasib elranatamab emergency medicine (field) emiltatug ledadotin emotional dependency employee layoffs employment employment reduction emugrobart enLIGHTEN Discovery Platform end-to-end antibody discovery endocrine disease specialist enforcement action enforcement letters enfortumab enfortumab vedotin engasertib engineered peptides enlicitide decanoate enobosarm enrollment enrollment forms enrolment ensifentrine ensitrelvir entera enterprise reorganization environmental enzymatic enzyme engineering enzyme restoration enzyme technology eosinophil epigenetic immunomodifier epigenetic modulator epigenetic therapy epinephrine eplerenone equity buyback equity financing equity line equity upside ersodetug escape velocity esreboxetine estate estrogens etalanetug etanercept etrolizumab evaluation event cycle everolimus evidence-based exagamglogene autotemcel exclusivity extension executive actions executive changes executive exits executive survey executive team executive vice president existential threats expanded label expansions expedited pathway experts booted expirations exploitation external control group external controls external partnerships extrahepatic RNAi eye disease trial eye treatment facilities facility closure facility consolidation factor XIIa factory closure fam-trastuzumab fantasy-romance farabursen farm-to-hospital faster fat loss fat reduction federal AI federal agencies federal courts federal directives federal grants federal workers fee structure fentanyl fesoterodine fibroblast immunology fibrodysplasia fibrosing fibrotic diseases fidrisertib field ablation figures filing checklist final analysis financial compliance financial guidance suspension financial outlook financial recovery financial strategy financial struggles financial troubles financing strategy findings aspects finerenone firi-cel firing first-half first-in-class antibiotic first-in-human trials first-line maintenance fiscal five-year flagship office flaws flu/COVID-19 foreclosure proceedings foreign companies foreign direct investment foreign drug manufacturing foreign factories foreign investment formula update formulary exclusion formulation viscosity formulations four-letter suffix franchise frataxin frataxin protein fratricide-resistant free trial frontline AML frontline therapy front‑line treatment fruit-flavored vapes full-year guidance full-year sales fulvestrant fumaric acid function functional testing funding agreement funding bill funding cut funding environment funding lapse funding round funding rounds fungal prophylaxis furosemide future-proofing gRED gallium gamma secretase inhibitor gamma-linolenic acid garadacimab-gxii garetosmab-grts gastric inhibitory polypeptide receptor gastroenteropancreatic neuroendocrine tumors gastrointestinal gemcitabine intravesical system gemcitabine releasing system gene delivery process gene editing trial gene editor gene modulation gene synthesis gene therapy platforms gene variants gene writing 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hold-and-kill homegrown hormone receptor-positive hospital apps hospital base hospital intervention hospital nutrition host disease hpDNA https://lnkd.in/gYKjeQ3n human care navigators human-relevant models huntingtin-lowering hyaluronidase hyaluronidase, human recombinant hybrid intelligence hydroxyurea hyper-personalized engagement hyperscaled data iMTP iNHL iPSC-derived iPSCs iSCIB1 + iSCIB1 + melanoma immunotherapy icatyde idiopathic Parkinson 's disease ifosfamide illegal immigration iloperidone iluzanebart image management imaging AI imaging biomarker immune compromise immune disorder therapy immune mapping immune profiling immune protection immune reset immune signaling pathways immune system reprogramming immune-based cancer cell therapies immune-related adverse events immuno-dermatology immuno-fibrosis immunocytokine immunoglobulin G immunology drug development immunotherapy drugs implantable device implementing import rules import taxes impression (attitude) impurity in situ 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phrase internship intestinal growth intisemeran intra-abdominal infections intracortical microstimulation intraoperative guidance intrathecal delivery intrathecal formulation intravenous delivery intravenous formula investigator-initiated trials investing investment cutback investment grants investor appetite investor reaction investor rescue investor sentiment ion channel program ipsoprubart irAE isatuximab isolator technology issuance itolizumab itraconazole ixekizumab ixovec iza-bren izalontamab judgment jumping gene jumping genes juniper tar jurisdiction kickback scheme kidney drug kidney therapeutics kilobase pairs kinase inhibitor [EPC] kininogenase knockoffs kynurenic acid kyron.bio lab results label extension label update labeling change labeling changes laboratory modernization laboratory reform programme lack of lack of transparency lackluster data lanifibranor large-scale manufacture laru-zova late recurrence risk late-stage assets late-stage clinical development late-stage 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cafraglutide marketing approval marketing approval milestones marketing authorisation marketing officer marketplace marstacimab mast cell therapy match Eylea maternal-fetal monitoring mazdutide measles, mumps, rubella, varicella vaccine measurable outcomes mechanistic trials mechanoporation med-tech median employee medical advancements medical affairs reputation medical benchmarks medical breakthroughs medical data medical device company medical documentation AI medical freedom medical groups medical jargon medical leadership medical loss ratio medical review medical spas medical supplies medical supply chain medical technology exemptions medical wearables medical-device AI medtech industry meeting cancellation mega depots megadeal megascale melanin-concentrating hormone member membranoproliferative glomerulonephritis men 's health menen inhibitor mental health innovation mepolizumab merger cancellation merger termination mesothelin metabolic dysfunction-associated steatohepatitis metabolic medicines metagenomic sequencing metastasis-free metastatic solid tumors metastatic triple-negative breast cancer methylone mezigdomide mezigitamab mice studies microcystic lymphatic malformations microdosing microneedle patches microneedles microparticle technology microservices mid-2030s mid-stage middle dose middle-income countries middlemen midline glioma midterm migraine prevention milestone payment milsaperidone mini-proteins miniPDX minimis exemption minimization miniprotein design suite mirror peptides missed doses missed milestone mitazalimab mivelsiran modular modular integrase platform molecular AI molecular design molecular entities molecular glue degrader molecular modalities molecular point-of-care molecular residual disease moments monogenic kidney diseases month most-favored motor fluctuations motor milestones mouse models movers mucosal healing multi-agent system multi-agent systems multi-agonists multi-cancer screening multi-cancer tests multi-domain 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