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BioWorld - Monday, March 16, 2026
Home » Newsletters » BioWorld Asia

BioWorld Asia

June 28, 2022

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Antibody-drug conjugate illustration

Sutro to develop immunostimulatory ADCs for Astellas targets in deal worth $1.3B

Astellas Pharma Inc. and Sutro Biopharma Inc. signed an exclusive global licensing deal under which Sutro will develop immunostimulatory antibody-drug conjugates (iADCs) for three biological targets for Astellas. Read More

Invox Pharma to acquire F-star for $161M to build Sino Biopharm presence outside China

London-based Invox Pharma Ltd. has announced plans to acquire F-star Therapeutics Inc. for $161 million to build up the presence of its parent company, Sino Biopharm Ltd., outside of China. Read More
Smartphone with website of Shanghai STAR Market in front of logo

China stock markets cool down, with fewer biotech IPOs in H1 2022

A tightening of rules for biotech listings on the Shanghai STAR Market may have contributed to a visible cool-down in biotech IPOs, with fewer listings in Chinese stock markets in the first half of 2022. Read More

Astellas sees another US FDA clinical hold for AAV gene therapy trial

The U.S. FDA has placed a clinical hold on Astellas Pharma Inc.’s Fortis phase I/II trial evaluating AT-845 following a serious adverse event of peripheral sensory neuropathy in one of the trial participants. AT-845 is an adeno-associated virus (AAV) gene replacement therapy being studied in adults with late-onset Pompe disease. Read More
Person holding stomach in pain

Taiho picks up nod for Jeselhy to treat gastrointestinal stromal tumors in Japan

Japan’s Ministry of Health, Labour and Welfare has given Otsuka Holdings Co. Ltd. subsidiary Taiho Pharmaceutical Co. Ltd. the green light for its oral heat shock protein 90 (HSP90) inhibitor Jeselhy (pimitespib) to treat gastrointestinal stromal tumors (GIST) that have progressed after chemotherapy. The company will soon commercialize the drug in Japan. Read More
Illustration of cancer cells and immunotherapy treatment

Tessa raises $126M in series A financing for autologous and allogeneic cell therapies

Tessa Therapeutics Ltd. has a closed a $126 million series A financing round to advance its ongoing clinical development, which includes the initiation of a pivotal trial of autologous CD30-CAR-T therapy (TT-11) and advancement of allogeneic CD30.CAR EBVST therapy (TT-11X) programs. Read More
Wensheng Wei, founder, Therorna

Chinese biotech Therorna completes $42M series A to develop circRNA COVID-19 vaccines

Chinese biotech company Therorna Inc. completed a $42 million series A round to develop its circular RNA (circRNA) vaccines and therapies. Read More
Nonprofit stamp

Infection tops nonprofit deal efforts; U.S. covers 57% of grants

Nonprofit deals with biopharma companies in 2022 indicate that 92% of the disclosed funds are going toward infectious disease therapies, with COVID-19 accounting for 79% of the total. Read More

BIO 2022: Global trials face core challenges from privacy laws

As a growing roster of nations moves to protect individual genomic and other health data in the name of privacy under the General Data Protection Regulation in the EU and similar laws elsewhere, chief aggregators of such data, drug developers, are struggling. Read More
Flag of Australia, sky background

Against the tide, Australia allows advertising COVID-19 antiviral drugs

In a rare move, Australia’s Therapeutic Goods Administration is allowing two prescription-only COVID-19 treatments to be advertised to the public. Read More

Appointments and advancements for June 28, 2022

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

Financings for June 28, 2022

Biopharmas in Asia-Pacific raising money in public or private financings: Burning Rock, Therorna. Read More

In the clinic for June 21-27, 2022

Clinical updates from Asia, including trial initiations, enrollment status and data readouts and publications: 60 Degrees, Akston, Bharat, Biolexis, GSK, Innocare, Kinarus, Moderna, Ocugen, Recce, Sanofi. Read More

Other news to note for June 28, 2022

Biopharma happenings in Asia-Pacific, such as deals and partnerships, grants, preclinical data and other news in brief: Ainos, Antengene, Antisense, Beigene, Cortexyme, Cullinan Oncology, Degron, Dr. Reddy’s, Eton, F-star, Innovation, Kinarus, Kuria, Medicinova, Scohia, Sino, Taiho. Read More

Regulatory actions for June 21-27, 2022

Regulatory snapshots, including drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations in Asia-Pacific: Acepodia, Alterity, Basilea, Beigene, Biomarin, Daewoong, Daiichi Sankyo, Eli Lilly, Eyepoint, Hoth, Innovent, Kyowa Kirin, Moderna, Novavax, Ocumension, Valneva. Read More

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