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BioWorld - Saturday, December 27, 2025
Home » Topics » Deals and M&A, BioWorld Asia

Deals and M&A, BioWorld Asia
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RNA strand

Lilly moves deeper into RNAi with $1.2B Sanegene obesity deal

Nov. 11, 2025
By Tamra Sami
No Comments
In a deal worth $1.2 billion, Suzhou Sanegene Bio Inc. and Eli Lilly and Co. are partnering to advance RNAi candidates for metabolic diseases based on Sanegene's tissue selective delivery technology.
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Handshake with charts, maps, data

Qyuns and Roche partner in $1B+ bispecific antibody deal

Nov. 4, 2025
By Marian (YoonJee) Chu
No Comments
Qyuns Therapeutics Co. Ltd. signed a potential $1.07 billion license deal with Roche Holding AG, granting the latter exclusive rights to QX-031N – a human thymic stromal lymphopoietin and interleukin-33)-targeting bispecific antibody.
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Abstract molecules illustration

Boehringer licenses Kyowa Kirin's small molecule for autoimmune disease

Nov. 4, 2025
By Tamra Sami
No Comments
Boehringer Ingelheim GmbH has licensed an unnamed small-molecule preclinical candidate from Kyowa Kirin Co. Ltd. in the autoimmune disease space in a deal worth up to €640 million (US$739 million).
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Celltrion, Portrai in $87M R&D deal to discover new drug targets

Nov. 4, 2025
By Marian (YoonJee) Chu
No Comments
Celltrion Inc. announced Oct. 29 the signing of an $87.75 million joint drug R&D agreement with AI and spatial transcriptome-based biotech Portrai Inc.
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Nonprofit stamp
Biopharma nonprofit deals and grants 2025

Biopharma nonprofit dealmaking and grants stabilize in a new normal

Nov. 4, 2025
By Amanda Lanier
No Comments
Biopharma partnerships involving nonprofits have declined sharply since peaking during the pandemic. Deal value surged from $5.18 billion in 2019 to $21.44 billion in 2021, driven by COVID-19 collaborations and vaccine-related funding, before falling to $7.99 billion in 2022 and $754.6 million in 2024. So far in 2025, nonprofit deal value totals $126 million through the third quarter.
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Neurocrine to license Transthera NLRP3 inhibitor in $881M deal

Nov. 4, 2025
By Tamra Sami
No Comments
Transthera Sciences Inc. is out-licensing one of its preclinical NLRP3 inhibitors to Neurocrine Biosciences Inc. under a collaboration agreement worth $881.5 million. Under deal terms, Nanjing, China-based Transthera will receive an undisclosed up-front payment and is eligible to receive research and development and sales-based milestone payments up to $881.5 million.
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Antibodies attacking cancer cell

Innovent rings up $11.4B deal with Takeda for three I-O/ADC assets

Oct. 28, 2025
By Marian (YoonJee) Chu
No Comments
Takeda Pharmaceutical Co. Ltd. agreed to codevelop and commercialize up to three of Innovent Biologics Co. Ltd.’s immuno-oncology (I-O) and antibody-drug conjugate (ADC) candidates with the signing of a $11.4 billion deal, including $1.2 billion paid up front.
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Artistic rendering of the KRAS protein.

Aimedbio’s solid tumor ADC asset goes to Boehringer in $1B deal

Oct. 21, 2025
By Marian (YoonJee) Chu
No Comments
Antibody-drug conjugate (ADC) specialist Aimedbio Inc. announced Oct. 16 the signing of a potential $991 million deal with Boehringer Ingelheim GmbH to license out its novel preclinical ADC asset targeting solid tumors, including KRAS mutations, which is set to enter phase I study next year.
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Artistic rendering of the KRAS protein.

Aimedbio’s solid tumor ADC asset goes to Boehringer in $1B deal

Oct. 21, 2025
By Marian (YoonJee) Chu
No Comments
Antibody-drug conjugate (ADC) specialist Aimedbio Inc. announced Oct. 16 the signing of a potential $991 million deal with Boehringer Ingelheim GmbH to license out its novel preclinical ADC asset targeting solid tumors, including KRAS mutations, which is set to enter phase I study next year.
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Ranipill

Chugai licenses Rani’s robotic drug delivery technology in $1B deal

Oct. 21, 2025
By Tamra Sami
No Comments
Chugai Pharmaceutical Co. Ltd. and Rani Therapeutics LLC have entered into a collaboration and global license agreement to develop and commercialize an oral product that encompasses Rani’s oral delivery technology, the Ranipill, and Chugai’s rare disease antibody in development.
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