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BioWorld - Sunday, July 5, 2026
Home » Newsletters » BioWorld Asia

BioWorld Asia

April 28, 2026

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Three red darts on target

Sun Pharma to acquire Merck spinoff Organon for $11.75B

Sun Pharmaceuticals Industries Ltd. will pay $11.75 billion cash to acquire Organon & Co. The transaction is expected to close in early 2027. The addition of Organon’s women’s health products, legacy drug brands and biosimilars are expected to boost Mumbai, India-based Sun’s global reach. The all-cash buy is also expected to relieve Jersey City, N.J.-based Organon of an $8.6 billion debt pile, accumulated after its debt-laden 2021 spinout from Merck & Co. Inc. Read More
Pancreas anatomy illustration

Akeso sets durability bar as immuno-oncology 2.0 race heats up

Akeso Pharmaceuticals Inc. has raised the bar for next-generation immuno-oncology, reporting more than 23 months median overall survival in pancreatic cancer with its PD-1/CTLA-4 bispecific antibody cadonilimab, as emerging competitors begin to post earlier signals across solid tumors at the American Association for Cancer Research annual meeting in San Diego April 17 to 22. Read More
Chinabio 2026 partnering

Chinese biotechs gain leverage as partners in dealmaking

China’s biotech ecosystem has crossed an inflection point, and Chinese biotechs are gaining leverage in dealmaking, executives from multinational companies said during the Chinabio Partnering Forum in Shanghai April 28. Read More
Hong-Kong-HKEX.png

Ribo, Diagens tally 2 Hong Kong biotech, medtech IPOs in Q1 2026

Ribo Life Science Co. Ltd.’s HK$1.8 billion (US$230 million) raise on Jan. 9 was the sole Chinese biotech IPO on the Hong Kong Stock Exchange in the first quarter (Q1) of 2026, despite a growing backlog of more than 70 filings from China life science firms in 2025. Among med-tech companies, Hangzhou Diagens Biotechnology Co. Ltd. debuted with a $101 million Hong Kong IPO March 30, 2026. Read More
Chart of arrows pointing upward

China partnerships lead biopharma deal surge in Q1 2026

Biopharma deal value reached $79.22 billion in the first quarter (Q1) 2026, marking a strong start to the year and an increase of about 17% from $67.6 billion in Q1 2025 and similar to $78.93 billion in Q4 2025. The total is the highest first-quarter tally in recent years, and the highest quarter since Q4 2025 brought $80.65 billion. Read More
Illustration of monoclonal antibody treatment for cancer

Pilatus PLT-012 takes immunometabolic approach to reprogram TME

Pilatus Bio Inc. is working to address a major under-addressed target of current checkpoint inhibitors: metabolic stress within solid tumors. “Traditional immunotherapies release immune ‘brakes,’ but they do not address the underlying metabolic stress in tumors,” Pilatus CEO and cofounder Raven Lin said. “That’s why more than 60% of solid tumor patients do not respond to treatment.” Read More
Cochlear Nucleus system

Cochlear’s 39% stock plunge resets ‘defensive growth’ narrative

Shares in Aussie hearing implant maker Cochlear Ltd. plummeted nearly 39% April 22 after the company slashed fiscal 2026 earnings guidance and warned that weaker-than-expected demand in developed markets was exposing a more cyclical and discretionary side to its business than investors had assumed. Read More
Health professional pointing stethoscope at Clinical Trial words, icons

Xenon spikes, Theravance sinks after phase III readouts in March

BioWorld tracked 209 clinical trial readouts across phases I through III in March 2026, up from 152 in February and 144 in January. Among late-stage programs, 26 phase III trials reported positive results, two produced mixed results, and three failed to meet key endpoints. By phase, March updates included 62 from phase I, 74 from phase II and 73 phase III. Read More

Appointments and advancements for April 28, 2026

New hires and promotions in the biopharma and med-tech industries in Asia-Pacific, including: Atmo, Ena Respiratory. Read More

In the clinic for April 28, 2026

Clinical updates for biopharma and med tech in Asia-Pacific, including data readouts and publications: Alterity, Dayspring, Eisai, Merck, Miracell, Noxopharm, Ractigen. Read More

Other news to note for April 28, 2026

Biopharma and med-tech happenings in Asia-Pacific, including deals and partnerships, and other news in brief: Abbvie, Asahi Kasei, Aicuris, Cathworks, Exicure, Medtronic, Nxera. Read More

Regulatory actions for April 28, 2026

Regulatory snapshots for biopharma and med tech in Asia-Pacific, including global submissions and approvals, and other regulatory decisions and designations: Asia-Pacific: Astellas, Biocon, CGbio, Clinuvel, GSK, Merck, Specialised, TCM. Read More

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