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Home » Newsletters » BioWorld Asia

BioWorld Asia

Jan. 12, 2021

View Archived Issues
Cancer-cell-antibody-attack

Beigene inks $2.2B PD-1 deal with Novartis for cancer drug tislelizumab

BEIJING – Beigene Ltd. out-licensed its anti-PD-1 monoclonal antibody tislelizumab to Novartis AG in a deal worth up to $2.2 billion, including $650 million up front. Novartis gains rights to develop and commercialize tislelizumab in the U.S., Canada, Mexico, the EU, the U.K., Norway, Switzerland, Iceland, Liechtenstein, Russia and Japan. Read More
Australia-flag-health-tech.png

Australia advances infrastructure investments in diabetes, cardiovascular, regenerative therapies

PERTH, Australia – Australia’s Medical Technologies and Pharmaceuticals Industry Growth Center (MTPConnect) is boosting funding for the translation and commercialization of research in diabetes, cardiovascular disease and regenerative medicine. Read More
Deal-handshake-arrows-chalkboard.png

More than $1B in partnering deals keep last year’s momentum going

As a virtual 39th J.P. Morgan Annual Healthcare Conference begins, typically one of the biggest events of the year, biopharma dealmaking barreled ahead with five new deals Jan. 11 that could eventually hit $1.04 billion in total. Read More
2020 formed with $100 stacks

Massive amounts of capital raised amid a raging pandemic

A decade from now, 2020 likely will be considered a year like no other in terms of the massive amounts of capital raised amid a raging pandemic. Financing transactions of all types smashed records and in terms of volume hit 1,580, a total that was 42% higher than last year. Read More
Dollar-arrow-up.png

Terns closes $87M series C financing to advance NASH pipeline

HONG KONG - U.S. and China-based Terns Pharmaceuticals Inc. closed an $87 million series C financing round that will pave the way for the company’s pipeline of candidates to treat nonalcoholic steatohepatitis (NASH). Read More
Coronavac press conference in Brazil

Sinovac’s COVID-19 vaccine more than 78% effective in Brazil trials

CAJICA, Colombia – Brazil's Butantan Institute and the government of the state of Sao Paulo released efficacy results on Jan. 7 for Coronavac, developed by China’s Sinovac Biotech Ltd., that suggest the COVID-19 vaccine is more than 78% effective. Read More

Ascentage’s New Year’s resolution includes getting its first candidate to market

HONG KONG – Tapping into synergies it sees between the U.S. and Chinese biotech industries, Suzhou, China-based Ascentage Pharma Group International is aiming to get its most advanced candidate, HQP-1351, to market this year. Read More

Other news to note for Jan. 12, 2021

Biopharma happenings in Asia-Pacific, such as deals and partnerships, grants, preclinical data and other news in brief, including: 3D Medicines, Abbvie, Aerpio, Aim Immunotech, Akston, Alteogen, Ana, Argenx, Baxter Biopharma Solutions, Biohaven, Biontech, Bold, Cheplapharm Arzneimittel, Cohbar, Cristal, Curevac, Emergex Vaccines, Fujifilm, Geovax Labs, Humanigen, Iacta, Immunitybio, Intas, Intravacc, Iovaxis, Kleo, Legochem, Merck KGaA, Microsoft, Moderna, Nantkwest, Neurobo, Novavax, Peptidream, Pfizer, Pharmabcine, Pharmaleads, SK Chemicals, Sosei Group, Standigm, Takeda, Targovax, Y-Biologics, Zai Lab. Read More

Financings for Jan. 12, 2021

Biopharmas in Asia-Pacific raising money in public or private financings, including: Ascendis, Gracell, Ligature, Paratek, Revelation Biosciences, Visen, Zai Lab. Read More

In the clinic for Jan. 5-11, 2021

Clinical updates from Asia, including trial initiations, enrollment status and data readouts and publications, including: AM, Arch Biopartners, Aslan, Atyr, Basilea, Cerecor, Codagenix, Creative Medical Technology, Dalcor, Dr. Reddy’s, Edesa, Immutep, Kintor, Mesoblast, Neurorx, Quantum Leap Healthcare, Relief, Russian Direct Investment Fund, Sanbio, Serum Institute of India, Windtree. Read More

Regulatory actions for Jan. 5-11, 2021

Regulatory snapshots, including drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations in Asia-Pacific, including: Antengene, Apollomics, Arcturus, Ascentage, Astellas, Astrazeneca, Atriva, Everest Medicines, Glaxosmithkline, Glycomimetics, Moderna, Neuren, Russian Direct Investment Fund, Shenzhen Chipscreen Biosciences, Visen Pharmaceuticals Shanghai. Read More

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