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BioWorld - Sunday, June 15, 2025
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Home » Topics » BioWorld Asia, Deals and M&A

BioWorld Asia, Deals and M&A
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Boehringer inks $1B+ antifibrosis deal with Singapore's Enleofen Bio

Jan. 14, 2020
By Michael Fitzhugh
Fresh off ending one antifibrosis program in December, Boehringer Ingelheim GmbH (BI) is spinning up an expansive new effort in the area this month, promising Singapore-based Enleofen Bio Pte. Ltd. potential payouts of more than $1 billion per product from a preclinical interleukin-11 platform.
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Gennbio licenses in two immunosuppressants valued up to $164M from Genexine

Jan. 14, 2020
By Jihyun Kim
Gennbio Co. Ltd. has signed an agreement with fellow Korean biotech Genexine Inc. to in-license two immunosuppressant drug candidates called GX-P1 (PD-L1 hyfc) and BSF-110 (PD-L1-hyFc-1L10m).
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Globe showing Asia-Pacific region

Mundipharma to commercialize Samsung Bioepis’ biosimilars in Taiwan and Hong Kong

Jan. 14, 2020
By Jihyun Kim
HONG KONG – Global pharmaceutical company Mundipharma Pte Ltd. is gaining exclusive commercialization rights in Taiwan and Hong Kong to four biosimilar candidates from South Korean biopharma Samsung Bioepis Co. Ltd. targeting immunology and oncology.
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Atyr’s potential $175M deal with Kyorin bILD-ing the case for lead sarcoidosis candidate

Jan. 7, 2020
By Randy Osborne
San Diego-based Atyr Pharma Inc. CEO Sanjay Shukla told BioWorld that the company plans to move into a registrational trial with lead candidate ATYR-1923 in pulmonary sarcoidosis (PS) if data from the ongoing phase Ib/IIa trial, due later this year, turn out positive. Releasing patients from steroid burdens “would be a real game-changer,” he said, noting that people with PS take as much as 25 mg of prednisone per day to control their coughs and shortness of breath. 
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Merck, Taiho and Astex reach a worldwide deal that could hit $2.5B

Jan. 7, 2020
By Lee Landenberger
In a deal with just $50 million up front but the potential to reach $2.5 billion, Tokyo’s Taiho Pharmaceutical Co. Ltd. and Astex Pharmaceuticals Inc., of Cambridge, U.K., are joining Merck & Co. Inc. in an exclusive worldwide research collaboration and license agreement to develop small-molecule inhibitors against several cancer targets, including the KRAS oncogene. 
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Cancer cell and DNA

Yisheng and Tavotek to co-develop combination therapy for cancer

Jan. 7, 2020
By Elise Mak
BEIJING – Yisheng Biopharma Co. Ltd., of Beijing, said it has inked a pact with U.S. biotech Tavotek Biotherapeutics, of Ambler, Pa., to co-develop a combination therapy with Yisheng’s YS-ON-001/002 and Tavotek’s Tavo-301/303 the companies hope could prove a more efficacious cancer treatment than the popular anti-PD-1/PD-L1 monotherapies. YS-ON-001 and YS-ON-002 are potent agonists of TLR3, MDA5 and RIG-I pathways. Meanwhile, Tavo-301/303 is a series of novel multispecific antibody-based immuno-oncology assets.
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Hand adding piece to puzzle

ConvertibleCARs ACCELerate with Astellas’ takeover of Xyphos; ‘tonneau’ potential in new approach?

Dec. 31, 2019
By Randy Osborne
Astellas Pharma Inc.’s early 2018 buyout of Universal Cells Inc. (UC) may have laid the groundwork for longer-range steps in allogeneic CAR T-cell therapy, but Xyphos Biosciences Inc. CEO James Knighton told BioWorld Asia that the buyout of his firm provides the Tokyo-based giant for now with “an incredibly elegant solution that has tremendous potential.”
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Audentes encore: Astellas plunks $120M to scoop up Xyphos in I-O deal worth up to $665M

Dec. 27, 2019
By Randy Osborne
U.S.-China capsule

Tracon buys rights to subcutaneous PD-L1 antibody from China’s 3D Medicines and Alphamab

Dec. 24, 2019
By Elise Mak
BEIJING – U.S. biotech Tracon Pharmaceuticals Inc., of San Diego, has in-licensed from Chinese drugmakers 3D Medicines (Beijing) Co. Ltd. and Jiangsu Alphamab Biopharmaceuticals Co. Ltd. the rights to develop envafolimab, a subcutaneous PD-L1 antibody, to treat soft tissue sarcoma in North America.
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Handshake, businessmen holding dollar sign, lightbulb

$120M up front: Takeda makes a big bet on Turnstone’s preclinical vaccinia immunotherapy platform

Dec. 24, 2019
By Cormac Sheridan
Turnstone Biologics Inc. has found a major backer for its preclinical vaccinia-based oncolytic virus platform for cancer immunotherapy. Takeda Pharmaceutical Co. Ltd. is paying $120 million in up-front, near-term milestones and equity investment and could pay $900 million more in development, regulatory and commercial milestones to enter a strategic alliance with the New-York-based firm.
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