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BioWorld - Sunday, December 8, 2019
Home » Authors » Jihyun Kim

Jihyun Kim

Articles

ARTICLES

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Israeli, U.S. teams collaborate on technology for respiratory tract diseases

December 6, 2019
By Jihyun Kim
No Comments
HONG KONG – Medical researchers in Israel and the U.S. have collaborated on a technology to treat patients with diseases affecting the respiratory tract. Negev-based Ben-Gurion University (BGU) and Beersheba-based Soroka Medical Center in Israel, working with the Cincinnati Children's Hospital Medical Center and the University of Cincinnati (UC), have developed a technology for unblocking and removing secretions from airways to treat bronchiolitis, asthma, chronic obstructive pulmonary disease (COPD), and cystic fibrosis (CF).
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Rapt licenses FLX-475 to Hanmi in deal worth up to $118M

December 5, 2019
By Jihyun Kim
No Comments
HONG KONG – Rapt Therapeutics Inc., of San Francisco, and Seoul, South Korea-based Hanmi Pharmaceutical Co. Ltd. entered a license agreement for Rapt’s FLX-475 in Asia. FLX-475 is an oral, small-molecule CCR4 antagonist for cancer treatment. 
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Newco news

South Korea’s Avixgen secures ₩10.6 billion in pre-IPO investment

December 4, 2019
By Jihyun Kim
No Comments
HONG KONG – South Korea’s Avixgen Inc., which recently secured ₩10.6 billion (US$9 million) in pre-IPO investment and has raised total funding of ₩27 billion since its series A in 2015, plans to use funds to further develop drug platform technologies and therapeutics for virus-causing diseases such as HIV-1/AIDS, using inhibitors based on small molecules and cancer drugs based on peptides.
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Alteogen licenses ALT-B4 to a top 10 global pharma in potential $1B+ deal

December 3, 2019
By Jihyun Kim
No Comments
HONG KONG – South Korean company Alteogen Inc. signed a nonexclusive global license agreement with a top 10 global pharmaceutical company for its recombinant human hyaluronidase enzyme, ALT-B4, in exchange for an up-front payment of $13 million. It is also eligible to receive additional payments of up to $1.37 billion tied to the achievement of development, regulatory approval and sales milestones. While the undisclosed big pharma will secure the global rights to develop and commercialize multiple products in combination with the Hybrozyme technology, Alteogen will be responsible for the clinical and commercial supply of ALT-B4 materials.
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Celltrion’s Remsima SC wins marketing approval in EU

December 3, 2019
By Jihyun Kim
No Comments
HONG KONG – Celltrion Healthcare Co. Ltd., a South Korean biopharmaceutical corporation, won European Union (EU) marketing approval for Remsima SC for the treatment of rheumatoid arthritis (RA), as a subcutaneous version of Celltrion’s infliximab biosimilar, CT-P13.
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GI Innovation licenses GI-101 to Simcere at maximum $796 million

December 3, 2019
By Jihyun Kim
No Comments
HONG KONG – Seoul, South Korea-based GI Innovation Inc. has licensed to Nanjing, Jiangsu-based Simcere Pharmaceutical Co. Ltd. rights to its immunotherapy drug candidate, G1-101, a bispecific CD80/interleukin2 (IL-2) variant fusion protein.
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Alteogen licenses ALT-B4 to a top 10 global pharma in potential $1B+ deal

December 3, 2019
By Jihyun Kim
No Comments
HONG KONG – South Korean company Alteogen Inc. signed a nonexclusive global license agreement with a top 10 global pharmaceutical company for its recombinant human hyaluronidase enzyme, ALT-B4, in exchange for an up-front payment of $13 million.
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AI-based diagnostics company Neurophet secures ₩6 billion in series A

December 2, 2019
By Jihyun Kim
No Comments
HONG KONG – Neurophet Inc., a South Korean AI-based brain disease diagnostics company, has secured ₩6 billion (US$5.1 million) in series A funding. The med-tech startup produces solutions based on Segengine, the company’s own technology that automatically segments brain magnetic resonance (MR) images into 107 regions within a minute.
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GI Innovation licenses GI-101 to Simcere at maximum $796 million

December 2, 2019
By Jihyun Kim
No Comments
HONG KONG – Seoul, South Korea-based GI Innovation Inc. has licensed to Nanjing, Jiangsu-based Simcere Pharmaceutical Co. Ltd. rights to its immunotherapy drug candidate, G1-101, a bispecific CD80/interleukin2 (IL-2) variant fusion protein.
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Celltrion’s Remsima SC wins marketing approval in EU

November 27, 2019
By Jihyun Kim
No Comments
HONG KONG – Celltrion Healthcare Co. Ltd., a South Korean biopharmaceutical corporation, won European Union (EU) marketing approval for Remsima SC for the treatment of rheumatoid arthritis (RA), as a subcutaneous version of Celltrion’s infliximab biosimilar, CT-P13.
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