Seoul, South Korea-based Genexine Co. Ltd. plans to merge with privately held EPD Biotherapeutics Co. Ltd. by October 2024 to build a pipeline of novel targeted protein degradation therapeutics with EPD Bio’s BioPROTAC platform technology.
U.K scientists and ethicists have drawn up a code of practice for research in stem cell-derived embryo models, filling a governance gap that has opened up as these organoids have become more sophisticated and increasingly resemble their natural counterparts. “Synthetic” embryos now have the ability to organize into complex structures that approximate aspects of early human development, such as a beating heart, complex neural structures capable of signaling, sensory perception and limb-like structures.
Biopharma financings reached $70.09 billion in the first half of 2024, a 129% increase from the $30.57 billion raised in the first half of 2023. At more than $70 billion, this year's financings are already approaching the full-year total of $70.97 billion for 2023. June saw $7.57 billion in total financings, a decrease from $9.15 billion in May.