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HICOMP MicroTech Raises RMB 100M in Series B+ Financing for Microfluidics Expansion
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China-based micro/nano technology developer HICOMP MicroTech (Suzhou) Co., Ltd has raised RMB 100 million (USD 13.9 million) in a Series B+ financing round. The round was led by Shunwei Capital, with contributions from IC Space’s industrial investment platform. The proceeds will be used to support microfluidics research and development (R&D),…
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Kintor’s Dual c-Myc/GSPT1 Degradation Therapy GT19715 Shows Promise in Pre-Clinical Studies
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China-based Kintor Pharmaceutical Ltd (HKG: 9939) has published positive results from a pre-clinical study of its dual c-Myc/GSPT1 degrader GT19715 in acute myeloid leukemia (AML) and lymphomas. The findings highlight the potential of GT19715 as a targeted therapy for these challenging cancers. Pre-Clinical Study ResultsCell-free, cellular assays, and animal studies…
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CARsgen’s BCMA-Targeted CAR-T Therapy CT053 Gains Priority Review in China
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The Center for Drug Evaluation (CDE) website indicates that China-based chimeric antigen receptor (CAR)-T cell specialist CARsgen Therapeutics Holdings Ltd’s (HKG: 2171) B-cell maturation antigen (BCMA)-targeted CAR-T cell therapy CT053 (zevor-cel) is set for priority review. This status relates to a market approval filing to treat adult patients with recurrent…
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LianBio Cancels Phase III Trial for Truseltiq in China Amid Global Halt
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China-based LianBio (OTCMKTS: LIANY) revealed in an SEC filing that it is canceling work on a Phase III trial in China for Truseltiq (infigratinib). The decision follows an announcement by BridgeBio Pharma Inc. (NASDAQ: BBIO), the drug’s discoverer, that the ongoing global Phase III PROOF-301 trial is being closed. This…
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Accutar Biotechnology Initiates Phase I Trial for ERα Targeting Degradation Molecule AC0682
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New Jersey-based Accutar Biotechnology Inc., which is heavily backed by Chinese funds, has announced the first patient dosing in a Phase I trial for AC0682, an orally bioavailable chimeric degrader molecule targeting the ERα protein. The molecule, which previously entered a Phase I study in the US, is the firm’s…
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CDE Releases Draft Guidelines for Extrapolating Adult Drug Data to Pediatric Use
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The Center for Drug Evaluation (CDE) has released the “Guidelines on Quantitative Methodology for Extrapolating Adult Drug Use Data to Pediatric Populations” (draft proposal), soliciting public feedback. This initiative aims to address the challenges in pediatric drug development by leveraging existing adult data to optimize the research and development process…
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RemeGen’s Telitacicept Receives FDA Orphan Drug Designation for Myasthenia Gravis
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China-based pharma firm RemeGen (HKG: 9995, SHA: 688331) has announced receiving Orphan Drug Designation (ODD) status from the US FDA for its fusion protein drug telitacicept in myasthenia gravis (MG). This designation highlights the potential of telitacicept in treating this rare and chronic autoimmune disease. The drug previously concluded a…
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Jacobio Partners with Merck KGaA for KRAS G12C Inhibitor Clinical Study
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China-based Jacobio Pharmaceuticals Group Co., Ltd (HKG: 1167) has announced a clinical study collaboration partnership with German giant Merck KGaA (ETR: MRK). The focus of the study is the combination of Jacobio’s KRAS G12C inhibitor JAB-21822 with Merck’s cetuximab in KRAS G12C mutant colorectal cancer (CRC). This partnership aims to…
