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BioWorld - Wednesday, March 11, 2026
Home » Newsletters » BioWorld Asia

BioWorld Asia

June 17, 2025

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Collaboration illustration

Astrazeneca makes $5.3B drug R&D pact with CSPC

CSPC Pharmaceutical Group Ltd. announced June 13 that it struck a potential $5.33 billion deal with Astrazeneca plc to develop novel preclinical small-molecule candidates using CSPC’s AI-driven drug development platform. Read More
Andembry

New orphan drug, CSL’s garadacimab, cleared for hereditary angioedema

Following a complete response letter issued last October over CMC issues, CSL Behring LLC gained U.S. FDA approval June 16 of its humanized anti-factor XIIa monoclonal antibody, garadacimab (CSL-312), to prevent hereditary angioedema attacks. Read More
Multiple myeloma illustration

Cullinan deals $712M to test Genrix bispecific TCE in autoimmune

Cullinan Therapeutics Inc. swept up ex-China rights to a multiple myeloma (MM)-targeting BCMAxCD3 bispecific T-cell engager (TCE) velinotamig from Chongqing Genrix Biopharmaceutical Co. Ltd. via a potential $712 million deal June 4. The plan is to repurpose the cancer drug to autoimmune disease. Read More

Nextcure stock drops near 30% on $745M ADC deal with Simcere

Shares of Nextcure Inc. (NASDAQ:NXTC) dropped 26.27% on news of a potential $745 million partnership with Simcere Zaiming for Simcere’s cadherin-6 antibody-drug conjugate (ADC) candidate. Shares ended at 50 cents apiece June 16. Read More
Red and blue bispecific antibodies

3Sbio revs on with phase II data in tight PD-1/VEGF bispecific race

3Sbio Inc. reported interim phase II study results of its PD-1/VEGF bispecific antibody, SSGJ-707 – a “fabulous” asset, according to Pfizer Inc. CEO Albert Bourla, that landed in Pfizer’s cancer arsenal via a potential $6 billion deal in May, of which $1.2 billion was paid up front. Read More
South Korea flag with stock chart, gold coins

Korea biotech roundup: four financings, six R&D deals mid-June

Four biotech companies from South Korea announced new or planned financings mid-June, including GC Genome Corp. Rznomics Inc., G2Gbio Inc. and Mezzion Pharma Co. Ltd. Six major mid-June deals included R&D pacts between Y-Biologics Inc. and Crosspoint Therapeutics, Daewoong Pharmaceutical Co. Ltd. and Salipro Biotech AB, Next & Bio Inc. and GC Cell Corp., Galux Inc. and Hanall Biopharma Co. Ltd., Celltrion Inc. and Onconic Therapeutics Inc., and SK Plasma Co. Ltd. and Aimedbio Inc. Read More
Businessman, businesswoman handshake

Pfizer’s $6.15B 3Sbio deal tops May’s biopharma activity

Biopharma deal activity continued its record-breaking pace in 2025, reaching $103.76 billion in total value through the first five months, the highest year-to-date total in BioWorld’s records. That figure marks a nearly 20% increase over the $86.68 billion recorded during the same period in 2024. Read More

Financings for June 17, 2025

Biopharmas in Asia-Pacific raising money in public or private financings: Mezzion, Phramazz, Scinai, Sun Pharmaceutical. Read More

In the clinic for June 17, 2025

Clinical updates from Asia, including trial initiations, enrollment status and data readouts and publications: Everest, Immunewalk, Kelun-Biotech, Keymed Biosciences, Polypid, Samsung Bioepis. Read More

Other news to note for June 17, 2025

Biopharma happenings in Asia-Pacific including deals and partnerships, grants, preclinical data and other news in brief: Beone, Bharat Biotech, Daewoong, Formosa, GSK, Harrow, Incyte, Medicoverstor, Neowise, Nipro, Salipro Bioepis, Samsung Bioepis, Specialised Therapeutics. Read More

Regulatory actions for June 17, 2025

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

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