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Home » Newsletters » BioWorld Asia

BioWorld Asia

March 15, 2022

View Archived Issues
Eye and DNA

Hansoh wins China’s first approval for an anti-CD19 antibody to treat NMOSD

Hansoh Pharmaceutical Group Co. Ltd. has won a green light for inebilizumab, approved by China’s NMPA for the treatment of adults with neuromyelitis optica spectrum disorders (NMOSD) who are anti-aquaporin-4 immunoglobulin G (AQP4-IgG) seropositive. The decision marked Hansoh’s first biologic approval.

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Beigene gets first reimbursement in Australia for Brukinsa in mantle cell lymphoma

Australians with mantle cell lymphoma (MCL) will now have subsidized access to Beigene Ltd.’s BTK inhibitor, Brukinsa (zanubrutinib), as of March 1, marking the company’s first drug to be listed on Australia’s Prescription Benefits Scheme (PBS). Read More

Everest Medicines expands IgAN deal with Calliditas to include South Korea

Everest Medicines Ltd. has acquired rights to develop and commercialize Nefecon (budesonide) for the treatment of primary IgA nephropathy in South Korea from Calliditas Therapeutics AB. Read More

SEC identifies firms for tougher audits, including three biopharmas

The U.S. Securities and Exchange Commission (SEC) recently issued a provisional list of five U.S.-listed Chinese companies that reportedly failed to submit necessary accounting reports required under Holding Foreign Companies Accountable Act. The list included three biopharmas: Beigene Ltd., Hutchmed Ltd., and Zai Lab Ltd. Read More
china flag pills

China NMPA speeds up NDA reviews to encourage new drug development

The NMPA’s Center for Drug Evaluation (CDE) published a draft document named the Pilot Work Procedure to Speed Up the Review of Innovative Drug NDAs in February 2022. It aims to accelerate the review of new drug applications (NDAs) in China. Read More
Coins and charts

Inxmed raises $50M to develop cancer therapy in the US, China

Inxmed Co. Ltd. has raised $50 million in a series B round to support clinical trials of its lead candidate, IN-10018, for the treatment of multiple cancers in both the U.S. and China. Inxmed plans to use the funds to invest in trials of IN-10018, bring more stroma-targeting candidates into clinic trials, and improve the firm’s R&D capabilities. Read More

Salubris raises $32M to continue work on cardiovascular candidate

Salubris Biotherapeutics Inc. has raised $32 million in financing from its parent company, Shenzhen Salubris Pharmaceuticals Co. Ltd., for the development of its cardiovascular candidate. Funds will be used to continue efforts in an ongoing phase Ib trial and to initiate two additional phase Ib studies in 2022, as well as to expand the company’s pipeline. Read More
James Jungkue Lee, CEO, Bridge Biotherapeutics

Bridge Biotherapeutics secures second IPF candidate, targets IND by late 2022

Bridge Biotherapeutics Inc. has signed an exclusive option-to-license agreement for Cellionbiomed Inc.’s preclinical ion channel modulator, BBT-301, thus adding a second idiopathic pulmonary fibrosis (IPF) candidate to its fibrotic diseases portfolio. The company hopes to enter the clinic with the drug in the U.S. by the end of 2022.

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Nec acquires Vaximm assets for personalized T-cell cancer vaccines

Nec Corp. has acquired all of Vaximm AG’s neoantigen program assets. Tokyo-based Nec will conduct the acquisition via its subsidiary, Nec Oncoimmunity AS.

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Pfizer authorizes China Meheco Group rights to commercialize Paxlovid in China

Chinese state-owned enterprise China Meheco Group Co. Ltd. has signed a deal with Pfizer Inc. to be its mainland China partner for the commercialization of the COVID-19 pill Paxlovid (nirmatrelvir and ritonavir), which won conditional approval from China’s NMPA earlier this year. Read More
Coin inserted into Australian map

TGA: More feedback needed on repurposing drugs

Given the challenges in repurposing medicines, Australia’s TGA opened a second consultation on the subject March 10. Read More

Three China firms named to US SEC list under HFCAA

Three U.S.-listed China-based biopharmas were among five companies named this week by the U.S. SEC for reportedly failing to submit necessary accounting reports under the Holding Foreign Companies Accountable Act (HFCAA). Read More
WHO-headquarters

WHO warns of counterfeit COVID-19 drugs

With the pandemic lingering across the world and more COVID-19 therapies becoming available and in demand, the opportunity for counterfeits is growing. Read More

Appointments and advancements for March 15, 2022

New hires and promotions in the biopharma industry in Asia-Pacific, including: Adlai Nortye, Aslan. Read More

Financings for March 15, 2022

Biopharmas in Asia-Pacific raising money in public or private financings: Ciloa, Impact, Medilink. Read More

In the clinic for March 8-14, 2022

Clinical updates from Asia, including trial initiations, enrollment status and data readouts and publications: Chimeric, Eucure, Gan & Lee, Geovax Labs, Incannex, Kintor, Moderna, Noxopharm, Pfizer, Prestige, Recce, Taiwan Liposome, Telix, Transcenta. Read More

Other news to note for March 15, 2022

Biopharma happenings in Asia-Pacific, such as deals and partnerships, grants, preclinical data and other news in brief: Aeterna Zentaris, Altamira, Angiotensin, Ascletis, Bridge, Calliditas, Cellionbiomed, Cipher, Depymed, Elixirgen, Everest Medicines, Immunoprecise Antibodies, Insilico Medicine, KBI, Moderna, Nuclixbio, Oragenics, Pharmabcine, Prestige, Sun, Taisho. Read More

Regulatory actions for March 8-14, 2022

Regulatory snapshots, including drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations in Asia-Pacific: Akeso, Altamira, Antengene, Bayer, Beigene, Biogen, Immunome, Immutep, Orion, Pharmazz, Samsung Bioepis, Sanbio, SCG Cell Therapy, Valneva. Read More

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