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BioWorld - Thursday, March 19, 2026
Home » Newsletters » BioWorld Asia

BioWorld Asia

May 23, 2023

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Huang Baohua, founder and CEO, Coherent Biopharma

Coherent Biopharma nets $100M in financing for Bi-XDC drugs

Coherent Biopharma Co. Ltd. raised $100 million in series B and B+ financing rounds to step up its efforts to develop its bi-targeting ligand-drug conjugate (Bi-XDC) drugs and get them to market. Suzhou, China-based Coherent plans to use its newly expanded war chest to support the clinical trials of three candidates, CBP-1008, CBP-1018 and CBP-1019, as well as an IND application for CBP-8008 in China and the U.S., the company told BioWorld. Read More

Hanall’s tanfanercept shows mixed phase III results for dry eye

Hanall Biopharma Co. Ltd.’s phase III trial VELOS-3 of tanfanercept did not show effects on the central cornea of the eye or in eye dryness in the treatment of moderate to severe dry eye disease, the primary endpoints. Data from the trial did show improvements in tear production, a secondary endpoint. Read More
Hepatitis C virus

China's NMPA approves Sanhome’s alfosbuvir for HCV

Nanjing Sanhome Pharmaceutical Co. Ltd.’s Shengnuodi (alfosbuvir tablets), used as part of a combination treatment for hepatitis C, has been approved by China’s National Medical Products Administration (NMPA) through the priority review and approval procedure. Read More

Rona and Keymed partner to develop siRNA therapies for severe kidney diseases

Rona Therapeutics Co. Ltd. and Keymed Biosciences Co. Ltd. formed a collaboration to jointly discover and develop first-in-class siRNA therapeutics for glomerulonephritis, also known as severe kidney diseases. Read More
The DNA double helix overlays a field of ACGTs and binary numbers.

Gene editing advances progress, by moving three steps forward and two steps back

The discovery of DNA was a milestone in the history of science that led to a breakthrough in biomedical research. By associating disease and genetics, genome correction techniques were ultimately developed that are supposed to work in the same way that antibiotics and antivirals block pathogenic microorganisms: by directly attacking the causes of disease. Read More
Concept of business partnership

Fewer biopharma deals raise similar value year-over-year, while M&A value declines

Biopharma has experienced relatively stable deal value year-over-year, despite a 24% decline in the number of deals through April. M&As, however, have brought in the lowest amount in years. Read More

Financings for May 23, 2023

Biopharmas in Asia-Pacific raising money in public or private financings: Drug Farm. Read More

In the clinic for May 16-22, 2023

Clinical updates from Asia, including trial initiations, enrollment status and data readouts and publications: Carsgen, Delta-Fly, Everest, Genome, Hefei Tianhui, Immutep, Lynk, Oramed, Transcenta. Read More

Other news to note for May 23, 2023

Biopharma happenings in Asia-Pacific, such as deals and partnerships, grants, preclinical data and other news in brief: Arase, Cstone, Eqrx, Hitgen, Immunoforge, Irlab, KSQ, Lynk, Maruho, McQuade Center, Nielsen, Ono, Otsuka, Personalis, Sirnaomics, Takeda. Read More

Regulatory actions for May 16-22, 2023

Regulatory snapshots, including drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations in Asia-Pacific: Antengene, Astellas, Bioarctic, Eisai, Hist, Kimera, Rznomics, Takeda, Westvac. Read More

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