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BioWorld - Saturday, February 21, 2026
Home » Topics » Asia-Pacific » Australia

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Australia’s TGA rejects Eisai’s Leqembi again

March 4, 2025
By Tamra Sami
Australia’s Therapeutic Goods Administration (TGA) has once again decided against approving Eisai Australia Pty Ltd.’s amyloid beta binder, Leqembi (lecanemab), for treating patients with mild cognitive impairment due to Alzheimer's disease and mild Alzheimer's dementia.
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Ryoncil

Mesoblast prices pediatric stem cell treatment at $1.55 million

Feb. 27, 2025
By Tamra Sami
Regenerative medicine company Mesoblast Ltd. is preparing to launch its allogeneic bone marrow-derived mesenchymal stromal cell (MSC) therapy, Ryoncil, (remestemcel-L), in March in the U.S. and has priced the treatment at roughly $1.55 million for a full course.
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Skin exam with dermatoscope

Cosette paying $430M for Mayne's women’s health, dermatology franchise

Feb. 25, 2025
By Tamra Sami
Cosette Pharmaceuticals Inc. announced plans to acquire Adelaide, Australia-based Mayne Pharma Pty Ltd. for AU$672 million (US$430 million) to grow its women’s health and dermatology franchise in the U.S. Under terms, Cosette, of Bridgewater, N.J., will acquire 100% of Mayne’s shares at AU$7.40 per share in cash. The price represents a 37% premium to Mayne’s closing share price on Feb. 20. The deal is expected to close in the second quarter of 2025.
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Skin exam with dermatoscope

Cosette paying $430M for Mayne's women’s health, dermatology franchise

Feb. 24, 2025
By Tamra Sami
Cosette Pharmaceuticals Inc. announced plans to acquire Adelaide, Australia-based Mayne Pharma Pty Ltd. for AU$672 million (US$430 million) to grow its women’s health and dermatology franchise in the U.S. Under terms, Cosette, of Bridgewater, N.J., will acquire 100% of Mayne’s shares at AU$7.40 per share in cash. The price represents a 37% premium to Mayne’s closing share price on Feb. 20. The deal is expected to close in the second quarter of 2025.
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Polygenic risk score

Seonix Bio sees future in genetic test for glaucoma

Feb. 20, 2025
By Annette Boyle
Up to 50% of glaucoma cases have a genetic component, a factor which could significantly change the screening recommendations and monitoring of patients – if they know their risk. Seonix Pty. Ltd. has a vision for making that genetic information easier to obtain and use to guide care with its Sightscore saliva-based test.
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Business people with hands atop a digital globe

APAC deals abound: Lilly taps Advancell, Olix; Genome draws Ellipses

Feb. 18, 2025
By Marian (YoonJee) Chu
Dealmaking in the Asia Pacific (APAC) region took off this week, with the latest showcasing Genome & Co.’s licensing deal with Ellipses Pharma Ltd. for GENA-104, a phase I-ready immuno-oncology asset, under undisclosed terms Feb. 11.
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Business people with hands atop a digital globe

APAC deals abound: Lilly taps Advancell, Olix; Genome draws Ellipses

Feb. 12, 2025
By Marian (YoonJee) Chu
Dealmaking in the Asia Pacific (APAC) region took off this week, with the latest showcasing Genome & Co.’s licensing deal with Ellipses Pharma Ltd. for GENA-104, a phase I-ready immuno-oncology asset, under undisclosed terms Feb. 11.
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Globe showing Asia-Pacific region

Mixed reactions from Asia on biotech implications of Trump 2.0

Feb. 11, 2025
By Tamra Sami
“This current administration is like nothing that we've seen before,” said a managing partner of a global venture capital firm who spoke to BioWorld on the condition of anonymity. “President Trump’s first term was bad,” he said, “but nobody knows what’s coming.” “This is truly nationalism at its worst, because he won on the campaign [largely] to protect American jobs, claiming that Americans have been unfairly treated.” And it's not just China, he said, but India and other countries will also likely be affected.
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Globe showing Asia-Pacific region

Mixed reactions from Asia on biotech implications of Trump 2.0

Feb. 7, 2025
By Tamra Sami
“This current administration is like nothing that we've seen before,” said a managing partner of a global venture capital firm who spoke to BioWorld on the condition of anonymity. “President Trump’s first term was bad,” he said, “but nobody knows what’s coming.” “This is truly nationalism at its worst, because he won on the campaign [largely] to protect American jobs, claiming that Americans have been unfairly treated.” And it's not just China, he said, but India and other countries will also likely be affected.
Read More
Red wooden approved stamp

TGA clears CSL’s garadacimab to prevent hereditary angioedema

Feb. 4, 2025
By Tamra Sami
Australia’s Therapeutic Goods Administration (TGA) has approved CSL Ltd.’s Andembry (garadacimab) for preventing recurrent hereditary angioedema attacks, marking the first global approval for the drug that was discovered and developed in Australia by CSL scientists.
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