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Home » Newsletters » BioWorld Asia

BioWorld Asia

Aug. 22, 2023

View Archived Issues
Man with respiratory issues

Hengrui inks $1B out-licensing deal for asthma drug with One Bio

With a U.S. biotech identified as One Bio, Jiangsu Hengrui Pharmaceutical Co. Ltd. has inked an out-licensing deal potentially worth $1.05 billion for its asthma and chronic sinusitis-targeting drug, SHR-1905. The latest deal gives One Bio exclusive rights to develop, produce and commercialize SHR-1905 worldwide, excluding the greater China territory. Read More

Incannex to begin pivotal trials in US for synthetic cannabinoid for sleep apnea

Incannex Healthcare Ltd. is gearing up to begin a pivotal phase II/III trial in the U.S. for its lead asset, IHL-42X (dronabinol/acetazolamide), a synthetic cannabinoid combination drug for sleep apnea. Read More
Celltrion building and skyline

Celltrion, Celltrion Healthcare merger kicks off, rolling three-into-one ‘big pharma’

South Korea’s Celltrion Inc. is rolling out a tweaked plan to merge its three affiliates – electing for a two-way merger followed by consolidation with the final branch – in its latest efforts to rise through the ranks and emerge as a “true” big pharma. Read More
Bloodstream with red and white blood cells and platelets

Hutchmed’s sovleplenib meets primary, secondary endpoints in China phase III ITP trial

Hutchmed (China) Ltd.’s sovleplenib (HMPL-523) met the primary endpoint of durable response rate and all secondary endpoints in the pivotal phase III trial in adults with primary immune thrombocytopenia (ITP) in China. Read More
Inflammation in big toe

LG Chem, JW Pharma go toe-to-toe in Asia gout drug race

South Korean pharmaceutical firms LG Chem Ltd. and JW Pharmaceutical Corp. are recouping and pressing on with their respective novel gout drugs internationally, with each having faced regulatory setbacks from IND rejections overseas. Read More
Collaboration illustration

Imugene in-licenses Precision Bioscience’s allogeneic CD19 CAR T in $227M deal

Immuno-oncology company Imugene Ltd. has acquired a worldwide exclusive license to Precision Biosciences Inc.’s allogeneic CD19 CAR T-cell therapy program in a deal worth more than $227 million. The off-the-shelf CD19 CAR T-cell therapy, azercabtagene zapreleucel (azer-cel), could potentially be the first allogeneic CAR T to be approved, Imugene CEO Leslie Chong told BioWorld. Read More

NDA submitted, Jyong seeks up to $40M in IPO for urinary disorders

Jyong Biotech Ltd. filed for an IPO that could raise as much as $40 million to advance a pipeline that includes several prospects for urinary system disorders, including one that has reached the NDA stage in the U.S. Read More

Innovent scores first approval for PCSK9 inhibitor in China

China’s National Medical Products Administration has approved Innovent Biologics Inc.’s proprotein convertase subtilisin/kexin-type 9 (PCSK9) inhibitor, Sintbilo (tafolecimab), making it the first first locally developed PCSK9 monoclonal antibody to be approved in China. Read More
Imagion Magsense molecular MRI

Imagion explores global partnerships to expand molecular MRI footprint for early cancer detection

Imagion Biosystems Ltd. signed a flurry of deals recently to expand its pioneering molecular magnetic resonance imaging platform Magsense beyond Australia and into additional indications to detect cancer earlier. Read More
3D rendered illustration of the anatomy of a cancer cell

Pan-cancer studies take pan-oramic view on proteogenomics

The vast variety of tumors makes each cancer a world. For researchers, understanding the commonalities and divergences in their molecular underpinnings could help find successful treatments. Scientists from the Clinical Proteomic Tumor Analysis Consortium (CPTAC) have addressed these similarities and differences in 10 different types of cancer with two proteogenomic studies to unravel the genes that lead to cancer and the galaxy of interactions that regulate them. Read More

BioWorld Insider Podcast – The struggle is real: The first half of 2023 was an uphill climb

Guests Karen Carey, BioWorld’s managing editor, and Mike Ward, Clarivate’s global head of Life Sciences and Healthcare Thought Leadership, discuss the deals, financing and M&A landscape for the first half of 2023 and how U.K. biopharmas are faring post Brexit. Read More

Appointments and advancements for Aug. 22, 2023

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

In the clinic for Aug. 15-21, 2023

Clinical updates from Asia, including trial initiations, enrollment status and data readouts and publications: Akeso, Bio-Thera, Minghui, Neurophth, Qilu, Telix. Read More

Other news to note for Aug. 22, 2023

Biopharma happenings in Asia-Pacific, such as deals and partnerships, grants, preclinical data and other news in brief: Alterity, Antengene, Carsgen, Cytomed, Eyenovia, Formosa, Hansoh, Moderna. Read More

Regulatory actions for Aug. 15-21, 2023

Regulatory snapshots, including drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations in Asia-Pacific: Astellas, Astrazeneca, Innovent, Iveric. Read More

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