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BioWorld - Saturday, March 7, 2026
Home » Topics » Newco news, BioWorld Asia

Newco news, BioWorld Asia
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Antibody-drug conjugate

Ligachem gets rights to Daan’s antibody for solid tumor ADCs

Feb. 13, 2025
By Marian (YoonJee) Chu
Ligachem Biosciences Inc. landed another exclusive licensing deal to develop and commercialize antibody-drug conjugates (ADCs), this time with T-cell receptor therapy specialist Daan Biotherapeutics Inc. for a cancer-targeting antibody.
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Hand holding white pill

Aussie spinout could change blood pressure paradigm with low-dose poly pill

Feb. 4, 2025
By Tamra Sami
George Medicines, a new spinout from Australia’s George Institute for Global Health, could offer patients better control of their blood pressure as well as fewer side effects thanks to an ultra-low-dose triple combination.
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Stem cells

‘Exciting data’: S.Biomedics preps US IND of PD cell therapy

Feb. 4, 2025
By Marian (YoonJee) Chu
To realize the promise of cell therapy for neurodegenerative disorders, S.Biomedics Co. Ltd. is looking to expand clinical trials of TED-A9, its stem cell therapy for Parkinson’s disease (PD), to the U.S., having reaped positive results from a domestic phase I/IIa trial in November 2024.
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Celosia team
Newco news

Australia’s Celosia heads toward clinic with gene therapy for ALS

Jan. 7, 2025
By Tamra Sami
After raising AU$16.75 million (US$10.4 million) in a series A round, Celosia Therapeutics Pty Ltd. is heading toward the clinic with its novel gene therapy that targets TDP-43, a protein directly linked to amyotrophic lateral sclerosis (ALS) pathology.
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Wooden stamp with China flag

China’s NMPA clears country’s first mesenchymal stem cell therapy

Jan. 7, 2025
By Marian (YoonJee) Chu
China’s health regulator gave conditional approval to Platinum Life Excellence Biotech Co. Ltd.’s amimestrocel injection (hUC-MSC PLEB-001, Ruibosheng) as the nation’s first human umbilical cord-derived mesenchymal stem cell therapy to treat steroid-refractory acute graft-vs.-host disease on Jan. 2, 2025.
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Elderly hands holding broken brain structure

Zhongzhi drops $3M in Gabaeron series A for stem cell AD therapy

Dec. 31, 2024
By Marian (YoonJee) Chu
Zhongzhi Pharmaceutical Holdings Ltd. made a $3 million investment in a series A financing round of stem cell therapy developer Gabaeron Inc. Dec. 21, expected to help propel Gabaeron’s preclinical Alzheimer’s disease (AD) candidate into phase I testing.
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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.
Read More
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