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Home » Topics » BioWorld Asia, Deals and M&A

BioWorld Asia, Deals and M&A
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China U.S. deal

Junshi taps Revitope in discovery stage to develop antibody-based cancer immunotherapies

July 14, 2020
By David Ho and Elise Mak
BEIJING – Besides advancing its neutralizing antibodies for COVID-19, Shanghai Junshi Biosciences Co. Ltd. is aiming to expand its pipeline. On July 13, it entered a collaboration with Revitope Oncology Inc.
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DNA in test tubes

Carmine inks $900M+ deal to develop nonviral gene therapies for Takeda

July 7, 2020
By Michael Fitzhugh
Carmine Therapeutics Inc. said Tuesday that Takeda Pharmaceutical Co. Ltd. has engaged it in a research collaboration aimed at the discovery, development and commercialization of new nonviral gene therapies for two rare disease targets.
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Connecting puzzle pieces

CSL buys rights to Uniqure's late-stage gene therapy for hemophilia B

June 30, 2020
By Michael Fitzhugh
CSL Behring has licensed global rights to Uniqure NV's late-stage hemophilia B gene therapy candidate, AMT-061, for $450 million up front, plus up to $1.6 billion in potential milestone payments and royalties. Uniqure positioned the deal as a boon for its broader gene therapies pipeline, anchored by a Huntington's disease (HD) program. But the move appeared to sour investors hoping for a rumored near-term M&A takeout, sending company shares (NASDAQ:QURE) falling 21.8% to $49.22 on June 25.
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Celltrion R&D Center

Celltrion acquires Takeda’s 18-product APAC portfolio in $278M deal

June 16, 2020
By Gina Lee
HONG KONG – Korea’s Celltrion Inc. aims to wrap up its first major M&A deal with Japan’s Takeda Pharmaceutical Inc. by the end of 2020, pending approvals.
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Junshi Biosciences strikes deal with Merck, advances Lilly COVID-19 collaboration

June 9, 2020
By David Ho
HONG KONG – China’s Shanghai Junshi Biosciences Co. Ltd. has struck a deal with Merck KGaA for a clinical trial program in China to investigate the efficacy and safety of Junshi’s anti-PD-1 monoclonal antibody (MAb), Tuoyi (toripalimab) in combination with Merck’s Erbitux (cetuximab) as a treatment for recurrent and/or metastatic squamous cell carcinomas of the head and neck (SCCHN).
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Cancer cell

Chi-Med and Beigene partner up to test candidates in combination therapy

June 9, 2020
By David Ho
HONG KONG – Two Chinese biotech companies, Hutchison China Meditech Ltd. (Chi-Med) and Beigene Ltd., are teaming up to evaluate their therapies as combination treatments for several cancers and in different key markets.
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Handshake with globe background and digital overlay

Innovent partners with Roche in multibillion-dollar deal targeting bispecifics, cell therapies

June 9, 2020
By Elise Mak
BEIJING – Suzhou, China-based Innovent Biologics Inc. is known in China as one of the first drugmakers to launch a PD-1 monoclonal antibody. Now, the company is moving to expand its product portfolio and enhance efforts in developing bispecific antibodies and cell therapies in a potential multibillion-dollar deal with pharma giant Roche Holding AG.
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Steven Yatomi-Clarke, CEO, Prescient Therapeutics

Australia’s Prescient Therapeutics develops next-gen CAR T therapies with UPenn universal immune receptor

June 2, 2020
By Tamra Sami
Prescient Therapeutics Pty Ltd. is poised to develop next-generation CAR T therapies after signing a deal with the University of Pennsylvania for a universal immune receptor technology platform.
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CAR T cell attacking cancer cells

Edigene, Immunochina betting on allogeneic CAR T therapy in cancer collaboration

June 2, 2020
By Elise Mak
SUZHOU, China – Genome editing startup Edigene Inc. and CAR T developer Immunochina Pharmaceuticals Co. Ltd., both from Beijing, have unveiled joint efforts to develop an allogeneic CAR T therapy for cancer. Terms remain undisclosed.
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China U.S. deal

Beijing startup Jacobio brings Abbvie aboard in SHP2 collaboration

June 2, 2020
By Elise Mak
BEIJING – Five-year-old Jacobio Pharmaceuticals Co. Ltd., of Beijing, has found itself a strong global partner to help advance its two SHP2 inhibitors, JAB-3068 and JAB-3312, both financially and later in the regulatory process. The Chinese startup will work with pharma giant Abbvie Inc., of North Chicago, to develop and commercialize the programs.
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