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BioWorld - Sunday, June 4, 2023
Home » Topics » Asia-Pacific, BioWorld

Asia-Pacific, BioWorld
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3d illustration of ovarian cancer

Compugen reports phase I data for anti-PVRIG candidate

Dec. 8, 2022
By David Ho
No Comments
At the ESMO Immuno-Oncology Congress 2022, Compugen Inc. shared phase I data for COM-701 in dual and triple combination with Bristol Meyers Squibb Co.’s Opdivo (nivolumab) and with or without BMS-986207. Compugen’s candidate demonstrated preliminary durable antitumor activity and immune activation in patients with platinum resistant ovarian cancer with a favorable safety and toxicity profile.
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SPAC ticker illustration

Life sciences SPACs dwindle amid new SEC rules and excise tax

Nov. 22, 2022
By Karen Carey
No Comments
As IPOs have slowed significantly in 2022, so have the debuts of special purpose acquisition companies (SPACs) targeting the life sciences industry, primarily due to two looming threats. This time a year ago, BioWorld had tracked 60 IPOs of SPACs searching for biopharma or med-tech targets and nearly 30 SPACs that had secured acquisitions. For 2022, there are 21 SPACs currently searching, and only two of those went public this year. As for completed M&As involving SPACs, there have been 17 this year and another nine that are pending.
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Harbour’s Nona Biosciences to develop immunotherapies with Moderna

Nov. 14, 2022
By David Ho
No Comments
Nona Biosciences Co. Ltd., a subsidiary of Harbour Biomed Therapeutics Ltd. launched in November to provide “idea to IND” services, has struck a deal with Moderna Inc. to develop nucleic acid-based immunotherapies. The candidates will be based on Harbour’s heavy chain only antibody discovery platform.
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Asia Summit on Global Health

Hong Kong is a fertile ground for health care robotics

Nov. 11, 2022
By Doris Yu
No Comments
Easy access to financing, talent, and connection to sizable potential markets are Hong Kong’s advantages to develop the health care robotics industry, according to speakers at the Asia Summit on Global Health.
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Globe showing Asia-Pacific region

Asia Summit on Global Health zooms in on health care collaborations

Nov. 10, 2022
By Doris Yu
No Comments
Fresh off announcing a new $1.2 billion joint drug discovery and development project with Sanofi SA, Insilico Medicine Inc. founder and CEO Alex Zhavoronkov joined a chorus of executives at the Asia Summit on Global Health in proclaiming the critical importance of partnership between biopharma, tech companies, and regulators, even amid rising tensions between China and the West.
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Handshake with DNA, molecules

JW Therapeutics partners with 2seventy Bio on cell therapy development

Oct. 31, 2022
By Doris Yu
No Comments
JW Therapeutics Co. Ltd. has formed a partnership with 2seventy Bio Inc. to launch a translational and clinical cell therapy development program for the development of T cell-based immunotherapies in mainland China, Hong Kong and Macao. 
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Ausbiotech 2022: Psychedelics coming to clinics in Australia

Oct. 28, 2022
By Tamra Sami
No Comments
The potential for psychedelics to deliver long-lasting benefits for people with anxiety, depression, post-traumatic stress disorder and addiction is being put to the test in Australia, where new research and discovery centers are adding to a global enterprise of nearly 100 clinical trials underway in the space.
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Ausbiotech 2022: Korea looking to accelerate regenerative medicine market

Oct. 26, 2022
By Tamra Sami
No Comments
South Korea’s regenerative medicine market is expected to grow from $51 million in 2016 to $320 million by 2026, growing at a compound annual growth rate of 20%, So Ra Park, chair and founder of Korea’s Regenerative Medicine Acceleration Foundation said during the Ausbiotech 2022 conference in Perth, Australia, running Oct. 26 to 28.
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Sumitovant to acquire Myovant Sciences for women’s health powerhouse

Oct. 24, 2022
By Tamra Sami
No Comments
Sumitovant Biopharma Ltd., a subsidiary of Sumitomo Pharma Co. Ltd., agreed to acquire Myovant Sciences Ltd. for $27 per share, up from its earlier offer of $22.75 per share, which Myovant had rebuffed. The deal is worth $1.7 billion on a fully diluted basis, with an equity value of about $2.59 billion.
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Celltrion signs ₩1.77 trillion deal with Pinotbio for ADC platform tech

Oct. 21, 2022
By Tamra Sami
No Comments
Celltrion Healthcare Inc. has signed a deal with Pinotbio Inc. to develop antibody-drug conjugates for up to 15 separate cancer targets incorporating the linker-payload platform technology Pinot-ADC. Celltrion could pay Pinotbio as much as ₩1.77 trillion (US$1.24 billion) to exercise options for all 15 targets in the collaboration. But, for starters, it will pay Pinotbio ₩1 billion up front.
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