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BioWorld - Monday, December 29, 2025
Home » Newsletters » BioWorld Asia

BioWorld Asia

Dec. 12, 2023

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Antibody-drug conjugate illustration

BMS, Systimmune ink $8.4B deal for bispecific ADC that targets EGFR, HER3

Systimmune Inc. and Bristol Myers Squibb Co. have joined hands in a co-development deal for bispecific antibody drug conjugate (ADC) BL-B01D1 in a deal worth up to $8.4 billion. The deal falls on the heels of BMS acquiring Mirati Therapeutics in October 2023 for $4.8 billion to add to its oncology pipeline. Read More
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South Korea anticipates drug pricing reform in 2024

As South Korea awaits potential changes to drug pricing policies for generics and novel ultra-expensive therapies like Novartis AG’s Kymriah (tisagenclecleucel), the domestic pharmaceutical industry is proactively voicing concerns about some policies that could do more harm than good. Read More
Non-Hodgkin lymphoma cells in the blood flow

Prescient to advance PTX-100 to phase II for refractory T-cell lymphomas

Prescient Therapeutics Pty Ltd.’s PTX-100 met primary safety endpoints and showed preliminary efficacy in a phase Ib trial in patients with relapsed and refractory T-cell lymphomas that exceeded the standard of care, and the company hopes to advance to a phase II registrational study in 2024, Prescient CEO Steven Yatomi-Clarke told BioWorld. Read More

China’s NMPA greenlights Jingxin’s dimdazenil for insomnia

China’s National Medical Products Administration (NMPA) approved Zhejiang Jingxin Pharmaceutical Co. Ltd.’s dimdazenil (EVT-201) for short-term treatment of insomnia. Jingxin filed the NDA in China in April 2022. Read More
Antibodies

Celltrion, Cyron ink $882M deal for polyspecific antibodies

South Korean pharmaceuticals Celltrion Inc. and Cyron Therapeutics Co. Ltd. are teaming up to discover and develop bispecific and trispecific antibodies, collectively called polyspecific antibodies, under the ₩1.158 trillion (US$882.38 million) joint research agreement inked on Dec. 6. Under the terms, privately held Daegu-based Cyron will discover and develop at least three polyspecific antibodies for blood and solid cancers pre-selected by Incheon-based Celltrion via Cryon’s CD-3 targeting T-cell engager platform that helps engage T cells to attack cancer cells. Read More

ASH 2023: Gene therapy success is ‘historic’ but small molecules still mean more drugs in more places

Spirits were high at the 2023 annual meeting of the American Society of Hematology (ASH), buoyed by the U.S. FDA approval of the first two gene therapies for sickle cell disease (SCD) the day before the conference kicked off in San Diego. The addition of gene therapy to the therapeutic arsenal for SCD is “phenomenal,” Adetola Kassim, director of the Adult Sickle Cell Disease Program and professor of medicine at the Vanderbilt-Ingram Cancer Center, told BioWorld. Nevertheless, at a Saturday, Dec. 9, session titled, “Improving Outcomes for Individuals with Sickle Cell Disease: Are We Moving the Needle?,” which Kassim chaired, the answer remained “maybe.” Read More
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Biopharma funding hits $5.65B in November, with 18% increase YTD

In November, the biopharma industry raised $5.65 billion in total financings. While down from $11.6 billion tracked by BioWorld in October, overall financings are tracking ahead of last year. Biopharma funding has maintained an average of $6.1 billion per month in 2023, surpassing the $5.07 billion monthly average throughout 2022. Read More

BioWorld Insider Podcast: Six biopharma executives consider a tough 2023 and are hopeful for a better 2024

BioWorld spoke with Dave Bearss, CEO of Halia Therapeutics Inc., Vimal Mehta, CEO of Bioxcel Therapeutics Inc., Paul Lammers, CEO at Triumvira Immunologics Inc., Chris Pirie, COO of HDT Bio Corp., Thijs Spoor, CEO of Perspective Therapeutics Inc., and Shelley Hartman, CEO of Aegl Therapeutics Corp. They offered insights brought about by years of hard-won experience. Read More

Topic alerts now available for all BioWorld subscribers

Are you trying to stay on top of developments in CAR T therapies? Drug resistance? Emerging compounds? Updates from certain regulatory agencies? Want to be the first to learn about new biomarkers or business deals? Now, in addition to the daily news lineup, you can create topic alerts to be delivered directly to your inbox or via an RSS reader. It’s easy to set up! Read More

Financings for Dec. 12, 2023

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

In the clinic for Dec. 12, 2023

Clinical updates from Asia, including trial initiations, enrollment status and data readouts and publications: Ascletis, Bionomics, Innovent, Merck, Neuren, Qulu, Ribomic, Technoderma. Read More

Other news to note for Dec. 12, 2023

Biopharma happenings in Asia-Pacific, such as deals and partnerships, grants, preclinical data and other news in brief: Akeso, Bionix Solutions, Concentra, Coya, Cytomed, Immutep, Lianbio, Dr. Reddy’s, Taiwan Bio Therapeutics. Read More

Regulatory actions for Dec. 12, 2023

Regulatory snapshots, including drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations in Asia-Pacific: Antengene, Bio-Thera, Carsgen, Cstone, Engenic, Junshi, Ractigen, Zhejiang Jingxin. Read More

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