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Home » Newsletters » BioWorld Asia

BioWorld Asia

July 2, 2024

View Archived Issues
Antibodies illustration

Tracon quits work on anti-PD-L1 envafolimab after phase III flop

Tracon Pharmaceuticals Inc. is shuttering all development of its subcutaneous PD-L1 antibody, envafolimab, after the pivotal trial failed to meet the primary endpoint in soft tissue sarcoma. Read More
Drug vials

FDA grants approvals to Stelara, Neupogen, Eylea biosimilars

The U.S. FDA approved three biosimilar products from Samsung Bioepis Co. Ltd., Tanvex Biopharma Inc. and Formycon AG as follow-on biologics to Stelara (ustekinumab), Neupogen (filgrastim) and Eylea (aflibercept), respectively, on June 28. Read More
Red wooden approved stamp

China approves first cetuximab biosimilar

China’s National Medical Products Administration authorized the country’s first cetuximab biosimilar with the approval of Simcere Zaiming’s Enlituo (CMAB-009, cetuximab beta injection) in combination with chemotherapy as first-line treatment for RAS/BRAF wild-type metastatic colorectal cancer. The biosimilar references originator drug Erbitux (cetuximab, Eli Lilly and Co.). Read More

Immutep's eftilagimod phase IIb positive in head and neck cancer

On the heels of an AU$100 million (US$66.5 million) capital raise, Immutep Ltd. announced positive top-line results in first-line head and neck cancer with its lead candidate, eftilagimod, in combination with Merck & Co. Inc.’s Keytruda (pembrolizumab). Read More
Australian money

Radiopharm raises AU$70M as it brings on new investor Lantheus

Radiopharm Theranostics Ltd. announced a AU$70 million (US$46.69 million) institutional placement, and as part of that capital raise, radiopharma company Lantheus Holdings, Inc., has agreed to make an initial equity investment of AU$7.5 million. Read More
Arrows opposite directions

GC Cell's shares drop as MSD terminates $1.8B deal with Artiva

Merck Sharp & Dohme Corp. (MSD), known as Merck & Co. Inc. in the U.S. and Canada, terminated its potential $1.86 billion deal with San Diego-based Artiva Biotherapeutics Inc. for novel chimeric antigen receptor-natural killer cell therapies. GC Cell disclosed news of the terminated deal on the Korea Exchange near market close of June 25, saying it was notified by Artiva after the decision was reached by MSD’s internal decision makers. Read More
Jaeyong Ahn, CEO and president, SK Bioscience

SK Bioscience to acquire Klocke’s CDMO in cross-holding M&A

South Korea’s SK Bioscience Co. Ltd. has entered a cross-shareholding acquisition deal with Germany’s Klocke Pharma-Service GmbH to acquire its contract development and manufacturing organization (CDMO), IDT Biologika Corp. Read More
Bridge recombinase mechanism 3D illustration

New techniques open the way for large-scale programmable genome editing

New single-step genome editing techniques that enable the insertion, inversion or deletion of long DNA sequences at specified genome positions have been demonstrated in bacteria. Read More

Eisai forging ahead after Bristol Myers drops out of ADC deal

At a time when much of the biopharma space can’t seem to get enough of antibody-drug conjugates (ADC), Bristol Myers Squibb Co. is backing away from a potential $3 billion-plus collaboration with Eisai Co. Ltd., handing back full rights to the latter’s folate receptor alpha-targeting ADC, farletuzumab ecteribulin (FZEC), citing a portfolio reprioritization. Read More

Daiichi, Merck’s HER3-DXd gets CRL for lung cancer

Partners Daiichi Sankyo Co. Ltd. and Merck & Co. Inc. received a complete response letter (CRL) from the U.S. FDA for their first-in-class HER3-directed antibody-drug conjugate HER3-DXd (patritumab deruxtecan) to treat patients with locally advanced or metastatic EGFR-mutated non-small-cell lung cancer. Read More
Clinical data illustration

May’s 298 clinical trial updates led by Astrazeneca, Hutchmed and Novartis

In May 2024, BioWorld covered 298 updates across phase I-III clinical trials, surpassing March (261), February (236) and January (252), though falling short of April’s high of 323. Additionally, at the end of May BioWorld revised its reporting criteria for clinical trial updates, focusing mainly on data readouts and excluding trial initiations, enrollment changes and initial patient dosing, thereby impacting the update count relative to prior months. Read More

In the clinic for July 2, 2024

Clinical updates from Asia, including trial initiations, enrollment status and data readouts and publications: Abbisko, Actinogen, Douglass, Eisai, Encell, Huadong, Innovent, Immutep, Recce, Sun Pharmaceutical, Takeda, Tiumbio. Read More

Regulatory actions for July 2, 2024

Regulatory snapshots, including drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations in Asia-Pacific: Antengene, Astrazeneca, Biontech, GSK, Junshi, Otsuka, Simcere, Takeda. Read More

Other news to note for July 2, 2024

Biopharma happenings in Asia-Pacific including deals and partnerships, grants, preclinical data and other news in brief: Alivexis, Ionis, Kactus, Melodia, Otsuka, Yoltech Read More

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