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BioWorld - Monday, March 9, 2026
Home » Newsletters » BioWorld Asia

BioWorld Asia

Oct. 24, 2023

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3D illustration demonstrating antibody-drug conjugate.

Merck agrees to pay Daiichi up to $22B in record ADC agreement

Deals involving antibody-drug conjugate (ADC) therapies continue to gain momentum with Daiichi Sankyo Co. Ltd. and Merck & Co. Inc. the latest firms to team up on global development and commercialization activities, as Daiichi offers up rights to three of its potentially first-in-class ADC candidates for $22 billion, making it the largest ADC agreement to date. Read More
women-gyno-uterus-ovary

GSK signs $1B+ licensing deal with China’s Hansoh for ADC candidate

GSK plc is the latest pharma giant to bite the “magic bullet” of antibody-drug conjugate (ADC) drugs, promising to pay the Chinese immunotherapy developer Hansoh Pharmaceutical Co. Ltd. $85 million up front and over $1.4 billion in milestone payments in a licensing deal for HS-20089. Read More
Liver tumor treatment conceptual illustration

Elevar shells out $600M for rights to Hengrui’s anti-PD-1 antibody outside China, Korea

Elevar Therapeutics Inc. and Hengrui Pharmaceuticals Co. Ltd.’s licensing deal for camrelizumab (SHR-1210; Airuika in China) will add the PD-1 antibody to Elevar’s liver cancer armory for pairing with rivoceranib, its tyrosine kinase inhibitor on the brink of U.S. FDA review. Read More

ESMO 2023: Immutep’s LAG-3 immunotherapy shows 35.5 months overall survival in NSCLC

Immutep Ltd.’s lead candidate, eftilagimod (IMP-321, efti), a lymphocyte activation gene-3 (LAG-3) fusion protein and major histocompatibility complex class II agonist, delivered an overall survival benefit of 35.5 months in the TACTI-002 trial that combined efti with Merck & Co. Inc.’s Keytruda (pembrolizumab) as first-line treatment of non-small-cell lung cancer (NSCLC) at two years follow-up. Read More
AI generated illustration of lungs in the human body

ESMO 2023: New approaches to old targets, including HER2 and p53

Some cancers with a poor prognosis have had no new treatments in decades. Advances in the genetic characterization of these tumors now offer a range of possibilities for the development of new therapies that could completely change the quality of life and survival of these patients. Read More
Rhee Byung-geon, CEO, GI Innovation; Atsushi Sugita, CEO, Maruho

GI Innovation inks second GI-301 licensing deal with Japan’s Maruho for $220M

Korean bioventure GI Innovation Inc. inched closer to achieving its goal of “five tech transfer deals in five years” with another licensing deal for its allergy drug, GI-301, with Japan-based Maruho Co. Ltd. for ₩298 billion (US$220.7 million), although share prices still dropped on the news. Read More

ADC deals humming along with Hummingbird-Endeavor agreement

A new deal between privately held Hummingbird Bioscience Pte. Ltd. and Endeavor Biomedicines Inc. is just one of three antibody-drug conjugate (ADC) agreements reached in the past week, marking a fourth-quarter surge for the therapy. Read More
Handshake with cityscape and businesspeople

Q3 boasts solid biopharma mega-deals, more mergers, but 2023 falls behind other years

While biopharma dealmaking remains active, a strong third quarter (Q3) was not enough to bring it to the same level seen during each of the last three years, although values are coming close. At the same time, M&As appear to be rising above 2022, but even with the increase, they still lag behind other years. If the Pfizer Inc./Seagen Inc. merger, worth $43 billion, closes before the end of 2023, for example, M&As will still not come close to the overall value seen in 2019 and 2020. Read More
Zymfentra

Biosimilar maker strides into ‘biobetter’ territory

Biologics innovators typically take a lifecycle approach to developing new indications and formulations of their prescription drugs, especially when biosimilar competition is on the horizon. Read More
Knee pain illustration

Holy grail? Paradigm’s injectable Zilosul shows disease-modifying attributes in osteoarthritis

A six-week treatment regimen of Paradigm Biopharmaceuticals Ltd.’s Zilosul (injectable pentosan polysulfate/iPPS) resulted in improvement of both the symptoms of osteoarthritis and preserved or regenerated joint tissues in the knee, according to phase II trial results. Read More

Chimeric surges on first phase I data for CLTX CAR T in glioblastoma

Chimeric Therapeutics Ltd.‘s chlorotoxin (CLTX) CAR T therapy, CHM-1101, which is derived from scorpion toxin, saw a disease control rate of 55%, exceeding the historical disease control rates of 20% to 37% in heavily pre-treated patients with glioblastoma. Read More
cancer-AI-diagnostic.png

Players talking TRK-y in NSCLC as ROS1, ALK zones cook up data

This summer’s phase III news from Qilu Pharmaceutical Co. Ltd. with iruplinalkib – an oral inhibitor of ALK and ROS1 tyrosine kinase – reinforced an ongoing interest in the pair of oncology targets, where a handful of developers remain busy. Most notably of late is Nuvalent Inc., which rolled out stock-boosting data Oct. 4. Read More

Appointments and advancements for Oct. 24, 2023

Biopharmas in Asia-Pacific raising money in public or private financings: Cartherics, Regcell, Zydus Lifesciences. Read More

Financings for Oct. 24, 2023

Biopharmas in Asia-Pacific raising money in public or private financings: Athersys, Healios. Read More

In the clinic for Oct. 24, 2023

Clinical updates from Asia, including trial initiations, enrollment status and data readouts and publications: Aculys, Akeso, Ascentage, Beigene, Brise, Celltrion, Immunoforge, Immutron, Oncolys, Philogen, Taimed, Takeda,Telix. Read More

Other news to note for Oct. 24, 2023

Biopharma happenings in Asia-Pacific, such as deals and partnerships, grants, preclinical data and other news in brief: Blue Earth Diagnostics, Celltrion Group, Elevar Therapeutics, Fuji Pharma, GSK, Hansoh, Jiangsu Hengrui Pharmaceuticals, Mithra Pharmaceuticals, Sinotau Pharmaceutical. Read More

Regulatory actions for Oct. 24, 2023

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

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