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BioWorld - Sunday, May 22, 2022
Home » Topics » Regions » Asia-Pacific

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Singapore

Singapore updates guidelines for software as medical devices to expand scope

May 20, 2022
By David Ho
No Comments
Singapore’s Health Sciences Authority (HSA) recently updated its guidelines for software as medical devices (SaMDs) to broaden its scope on a number of related matters. The new guidelines were finalized after an industry input period when the HSA collected feedback until the middle of August 2021. It marks the second revision of HSA guidelines on SaMDs, the first revision was meted out in April 2020. 
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Hong Kong diagnostic company Prenetics sees stock fall nearly 30% after Nasdaq listing

May 20, 2022
By Tamra Sami
No Comments
After listing on the Nasdaq market on May 18, Hong Kong-based diagnostics and genetic testing company Prenetics Group Ltd. saw its shares fall nearly 30% in early trading, dropping from $8.40 per share on listing to $5.70 by the end of trading May 19. Trading under the ticker PRE, Prenetics formed a merger with Artisan Acquisition Corp., a special purpose acquisition company, which was founded by entrepreneur Adrian Cheng. The transaction values Prenetics at an enterprise value of $1.25 billion, making the company the first Hong Kong unicorn to list on the Nasdaq.
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Antibody-drug conjugate illustration

Turning Point acquires global rights to ADC from Lanova in $220M deal

May 18, 2022
By Doris Yu
No Comments
Turning Point Therapeutics Inc. has picked up near-global rights to develop and commercialize an antibody drug conjugate (ADC) targeting Claudin18.2 from Lanova Medicines Ltd. for $25 million up front. The deal excludes greater China and South Korea.
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China U.S. deal

Merck acquires global rights to cancer drug from Kelun in $1.4B deal

May 17, 2022
By Doris Yu
No Comments
In a deal potentially worth more than $1.4 billion, Sichuan Kelun Pharmaceutical Co. Ltd. has out-licensed a large molecule drug in cancer to Merck & Co. Inc. for development and commercialization outside mainland China, Hong Kong, Macao, and Taiwan.
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Eye exam

Zhaoke licenses Asian rights to Visus presbyopia candidates in $130M deal

May 17, 2022
By Tamra Sami
No Comments
Visus Therapeutics Inc. has out-licensed phase III candidates Brimochol and Carbachol to Hong Kong’s Zhaoke Ophthalmology Ltd. to develop and commercialize its long-acting, presbyopia-correcting eye drops in greater China, South Korea and select Southeast Asian territories.
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Seoul, South Korea

BioKorea 2022: As microbiome therapies emerge, leaders see challenges, opportunities

May 17, 2022
By Gina Lee
No Comments
Microbiome-modulating therapies are increasingly being explored to treat a variety of diseases. However, the market is still in its infancy and a lack of solid regulations remains challenging for companies to overcome, speakers at the BioKorea 2022 said May 11.
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BioKorea 2022: Key to predicting next pandemic lies in infectious diseases’ zoonotic component

May 17, 2022
By Gina Lee
No Comments
As the COVID-19 pandemic slowly starts to ease globally, efforts are already gearing up to predict the next potential pandemic. One institute researching the increasing number of diseases transmitted from animals to humans is Canada’s Vaccine and Infectious Disease Organization, part of the University of Saskatchewan.
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Eye exam

Zhaoke licenses Asian rights to Visus presbyopia candidates in $130M deal

May 13, 2022
By Tamra Sami
No Comments
Visus Therapeutics Inc. has out-licensed phase III candidates Brimochol and Carbachol to Hong Kong’s Zhaoke Ophthalmology Ltd. to develop and commercialize its long-acting, presbyopia-correcting eye drops in greater China, South Korea and select Southeast Asian territories.
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Heartcare receives NMPA approvals for medical devices to treat stroke

May 12, 2022
By Doris Yu
No Comments
Shanghai Heartcare Medical Technology Corp. Ltd. received marketing approvals for three medical devices designed for stroke, namely its left atrial appendage (LAA) occluder, the aspiration catheter, and the support catheter.
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BioKorea 2022: Key to predicting next pandemic lies in infectious diseases’ zoonotic component

May 12, 2022
By Gina Lee
No Comments
As the COVID-19 pandemic slowly starts to ease globally, efforts are already gearing up to predict the next potential pandemic. One institute researching the increasing number of diseases transmitted from animals to humans is Canada’s Vaccine and Infectious Disease Organization, part of the University of Saskatchewan. Now, together with collaborators including the Canadian government, it’s sponsoring a phase II trial of COVAC-2, a squalene-in-water adjuvanted microsphere peptide-based protein subunit vaccine that contains a portion of the SARS-CoV-2 spike protein.
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