Innocare Pharma Ltd. has signed a licensing agreement with Incyte Corp. for the exclusive rights to the monoclonal antibody Monjuvi (tafasitamab) for hematology and oncology indications in mainland China, Hong Kong, Macau and Taiwan. Under the terms of the deal, Innocare will pay Incyte an up-front fee of $35 million, as well as up to $82.5 million in potential development, regulatory and commercial milestones and tiered royalties.
Abclon Inc. has filled the missing link in its development of antibody-drug conjugates (ADCs) by partnering with Abtis Co. Ltd. and gaining access to its ADC linker.
Biopharma happenings in Asia-Pacific, such as deals and partnerships, grants, preclinical data and other news in brief: Abbvie, Academia Sinica, Allarity, Anpac Bio-Medical Science, Antengene, Athersys, Biodelivery Sciences International, Burning Rock, Celularity, China Grand Pharmaceutical and Healthcare Holdings, Dr. Reddy’s Laboratories, Enanta, Etherna Asia, Etherna Immunotherapies, GC, Glenmark, Healios, Impact, Imugene, Inmagene, Insilico Medicine Hong Kong, Ji Xing, Kissei, Kyowa Kirin, Mindrank, Mymd, Novartis, Novavax, Olix, Oyster Point, Pharmaxis, Roche, Sanotize Research and Development, Sorrento, Stemcyte, Synaffix, Takeda, Usynova, Westlake, Yuyu.
Clinical updates from Asia, including trial initiations, enrollment status and data readouts and publications: Akston, Brii, Eli Lilly, Humanigen, Immutep, Incyte, Jacobio, Kiniksa, Lumosa, Novavax, Pharmaxis, RDIF, Stemedica Cell Technologies, Takeda, Telix, Vanda.