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BioWorld - Thursday, June 8, 2023
Home » Topics » Asia-Pacific, BioWorld

Asia-Pacific, BioWorld
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Hong Kong stock market illustration

Bispecific antibody specialist Alphamab raises $234M on HKEX

Dec. 12, 2019
By Elise Mak
No Comments
BEIJING – Suzhou-based Alphamab Oncology Co. Ltd. (HK:9966), which aims to bring the first PD-L1/CTLA4 bispecific antibody to China, saw its share prices jump almost 30% on its debut on the Hong Kong Stock Exchange (HKEX) on Dec. 12, 2019, ending the year on a positive note for the pre-revenue biotech.
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Tuberculosis

Quratis sells TB vaccine worth $1.1B to Indonesia’s state-run company

Dec. 11, 2019
By Jihyun Kim
No Comments
HONG KONG - South Korean biopharmaceutical company Quratis Inc. and Indonesia’s state-run company, Bio Farma PT, have entered a term sheet agreement to develop and commercialize Quratis’ tuberculosis (TB) vaccine, QTP-101, for adults and adolescents. The total amount of the deal is around ₩1.2 trillion (US$1.1 billion), according to the Seoul-based company.
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Rapt licenses FLX-475 to Hanmi in deal worth up to $118M

Dec. 5, 2019
By Jihyun Kim
No Comments
HONG KONG – Rapt Therapeutics Inc., of San Francisco, and Seoul, South Korea-based Hanmi Pharmaceutical Co. Ltd. entered a license agreement for Rapt’s FLX-475 in Asia. FLX-475 is an oral, small-molecule CCR4 antagonist for cancer treatment. 
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In India, government steps up efforts to develop more TB testing and treatment

Dec. 3, 2019
By T.V. Padma
No Comments
HYDERABAD, India – India, home to a quarter of the global tuberculosis (TB) cases, plans to enhance its capacity to fight TB drug resistance and bolster susceptibility testing under a new initiative launched by the Geneva-based nonprofit Foundation for Innovative New Diagnostics (FIND).
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Flag of India

Indian pharma sector needs to learn from its competitors: report

Dec. 3, 2019
By T.V. Padma
No Comments
NEW DELHI, India - While India is still an attractive prospect for investment in biotechnology, with plenty of potential waiting to be tapped by investors, the country needs to learn from the successful examples of other countries, including its Asian biotech competitors, according to a new report.
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Alteogen licenses ALT-B4 to a top 10 global pharma in potential $1B+ deal

Dec. 3, 2019
By Jihyun Kim
No Comments
HONG KONG – South Korean company Alteogen Inc. signed a nonexclusive global license agreement with a top 10 global pharmaceutical company for its recombinant human hyaluronidase enzyme, ALT-B4, in exchange for an up-front payment of $13 million.
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Celltrion’s Remsima SC wins marketing approval in EU

Nov. 27, 2019
By Jihyun Kim
No Comments
HONG KONG – Celltrion Healthcare Co. Ltd., a South Korean biopharmaceutical corporation, won European Union (EU) marketing approval for Remsima SC for the treatment of rheumatoid arthritis (RA), as a subcutaneous version of Celltrion’s infliximab biosimilar, CT-P13.
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ESMO Asia 2019

Panelists urge better designs, more global focus for phase I trials

Nov. 25, 2019
By David Ho
No Comments
SINGAPORE – While a lot of focus is placed on phase III trials and the subsequent approvals, panelists during the ESMO Asia Congress pointed to the importance of designing the right kind of phase I trials, from reaching global populations to using appropriate endpoints.
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ESMO Asia 2019

Quality of life and quality of studies take stage as Takeda reports solid NSCLC findings

Nov. 25, 2019
By David Ho
No Comments
SINGAPORE – Takeda Pharmaceutical Co. Ltd. presented new findings from its phase III ALTA-1L trial evaluating its Alunbrig (brigatinib) vs. crizotinib in adults with advanced anaplastic lymphoma kinase-positive (ALK+) non-small-cell lung cancer (NSCLC) who had not received a prior ALK inhibitor, showing Alunbrig reduced the risk of disease progression or death by 76% after more than two years of follow-up.
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ESMO Asia 2019

Population-based cancer registries needed for treatment, prevention efforts

Nov. 25, 2019
By David Ho
No Comments
SINGAPORE – Population-based cancer registries were a frequent focus of discussion at the ESMO Asia Congress.
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