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BioWorld - Monday, December 22, 2025
Home » Topics » Newco news, BioWorld Asia

Newco news, BioWorld Asia
Newco news, BioWorld Asia RSS Feed RSS

Frank Borriello, CEO, Alloplex
Newco news

Alloplex’s Suplexa reawakens immune cells to fight cancer

Nov. 26, 2024
By Tamra Sami
When it comes to cell therapy, Alloplex Biotherapeutics Inc. CEO Frank Borriello said he believes that autologous, personalized therapy is the only thing that makes sense. “The allure of an off-the-shelf therapy has been such a magnet. It sucked in a lot of companies into that dream, and I'm sorry to say, it hasn't really worked out for them,” he told BioWorld. Instead, Borriello said he envisioned a cell training platform that doesn’t just tweak a single immune pathway but instead harnesses multiple immune pathways to turn the tables on cancer.
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Lixin Jiang, co-founder and CEO, Next Generation Gene Therapeutics Inc.

Next Generation Gene pioneers gene therapy approach with China data

Nov. 11, 2024
By Tamra Sami
Gene therapy faces complexities in delivering treatments due to persistent safety concerns and daunting immune responses, but Next Generation Gene Therapeutics Inc. has found a way around this issue using dual-functional vectors to simultaneously remove harmful, mutated genes and replace them with normal, healthy genes to restore cellular function.
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Person holding stomach in pain
Newco news

Hope for endometriosis as HMI-115 reduces pelvic pain by 50%

Oct. 29, 2024
By Tamra Sami
Hope Medicine Inc. reported positive interim results for monoclonal antibody HMI-115 in a phase II endometriosis trial that saw the mean non-menstrual pelvic pain score reduced by 50%. “HMI-115 is a prolactin receptor blocker, and we're using it to treat endometriosis and some other diseases. It is a first-in-class new mechanism to treat endometriosis,” Hope Medicine CEO Nathan Chen told BioWorld.
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Melanoma cells stained with an H & E stain and magnified to 320x.

AI Medi Scan develops at-home melanoma detection app

Sep. 24, 2024
By Tamra Sami
Australia is the skin cancer capital of the world, but with a shortage of dermatologists, patients often wait too long to get skin checks that could end up costing them their lives.
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DermR collection device

Dermr could displace skin biopsies with microneedle patch

Aug. 20, 2024
By Tamra Sami
Skin biopsies could be a thing of the past thanks to the development of a new non-invasive microneedle patch to pre-screen for skin cancer. Dermr Health Solutions Pty Ltd. founder and CEO Stefan Mazy told BioWorld that the fledgling genomics startup company is pushing the boundaries of science with its Dermr patch that quickly and painlessly extracts live skin cells in 15 seconds, drastically cutting the time and discomfort associated with traditional biopsy procedures.
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Concept of business partnership

Genor wins $440M+ cancer drug deal with Third Rock/Two River firm

Aug. 13, 2024
By Marian (YoonJee) Chu
China’s Genor Biopharma Co. Ltd. agreed to out-license GB-261, its bispecific antibody candidate primarily targeting B-cell lymphomas, to TRC 2004 Inc., a U.S.-based newco co-founded by Third Rock Ventures LLC and Two River Group Holdings LLC.
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Hands holding holographic intestine
Newco news

Ensho debuts to target gut inflammation with oral α4β7 inhibitors

July 30, 2024
By Marian (YoonJee) Chu
Ensho Therapeutics Inc. launched in July after licensing a pipeline of four oral α4β7 inhibitors for inflammatory and gastrointestinal disorders, including inflammatory bowel disease (IBD), from EA Pharma Co. Ltd. “Millions of people worldwide are living with IBD,” Ensho founder, president and executive chair Neena Bitritto-Garg recently told BioWorld, “and while there are a number of approved medications to address the symptoms of IBD, it remains a difficult-to-treat disease with high relapse rates for a considerable proportion of patients.”
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Rahul Purwar, founder and CEO, Immunoact
Newco news

Immunoact lays groundwork for India cell, gene therapy innovation

July 16, 2024
By Tamra Sami
India’s first indigenous CAR T therapy is selling at around $50,000 per shot, nearly one-tenth of the price of top-selling CAR Ts in the U.S., and Immunoact founder and CEO Rahul Purwar told BioWorld he anticipates bringing the price down to as low as $20,000 per shot.
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AI biotech research concept with lightbulb and digital background

Opyl, L39 Capital pick biotech winners with $100M fund and AI

July 16, 2024
By Tamra Sami
AI-driven clinical trial design company Opyl Ltd. formed a partnership with L39 Capital Pty Ltd. to establish a $100 million biotech fund that will showcase the predictive power of Opyl’s Trialkey software in selecting successful biotech and pharmaceutical stocks. Melbourne, Australia-based Opyl leverages AI to elevate clinical trial design and forecast outcomes, empowering clinical researchers, biopharma companies and investors to enhance trial design, drug development and market delivery.
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Woman taking medication for mental illness
Newco news

Douglas gears up for slow-release ketamine phase III for depression

July 9, 2024
By Tamra Sami
On the heels of positive phase II results of its extended-release ketamine (R-107) in treatment-resistant depression, Douglas Pharmaceuticals Ltd. is gearing up to begin phase III trials of its ketamine treatment that is safe enough to take at home without clinical supervision.
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