{"id":16340,"date":"2023-07-07T08:15:00","date_gmt":"2023-07-07T00:15:00","guid":{"rendered":"https:\/\/flcube.com\/?p=16340"},"modified":"2025-01-06T18:16:10","modified_gmt":"2025-01-06T10:16:10","slug":"chime-biologics-leads-biolabs-and-beigene-form-strategic-partnership-for-lag-3-mab-lbl-007","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=16340","title":{"rendered":"Chime Biologics, Leads Biolabs, and BeiGene Form Strategic Partnership for LAG-3 mAb LBL-007"},"content":{"rendered":"\n<p>Wuhan-based Contract Development and Manufacturing Organization (CDMO) Chime Biologics has signed a strategic cooperation agreement with Nanjing-based Leads Biolabs and Beijing firm BeiGene Inc., (<a href=\"https:\/\/www.google.com\/finance\/quote\/BGNE:NASDAQ\">NASDAQ: BGNE<\/a>, <a href=\"https:\/\/www.google.com\/finance\/quote\/6160:HKG\">HKG: 6160<\/a>). The cooperation focuses on the development and global manufacturing of LBL-007, a LAG-3 monoclonal antibody (mAb).<\/p>\n\n\n\n<p><strong>BeiGene&#8217;s Acquisition and Global Rights to LBL-007<\/strong><br>BeiGene secured global research, development, and manufacturing rights, along with exclusive commercialization rights outside of China for LBL-007 in a December 2021 deal valued up to USD 772 million. This significant acquisition highlights the potential of LBL-007 in the global oncology market.<\/p>\n\n\n\n<p><strong>Accelerating IND Filings and Clinical Trials<\/strong><br>Chime Biologics will provide support to Leads Biolabs to expedite IND filings and clinical trial materials in China. Additionally, BeiGene and Chime Biologics have established a strategic cooperation to facilitate IND applications overseas and supply clinical trial materials. While financial details were not disclosed, this partnership underscores the commitment to advancing LBL-007&#8217;s development and global reach.<\/p>\n\n\n\n<p><strong>LBL-007&#8217;s Clinical Progress and ASCO Presentation<\/strong><br>LBL-007 is currently transitioning from Phase I to Phase II clinical development in China. Data from Phase I trials, which investigated the drug as a treatment for advanced or metastatic melanoma, were presented at this year&#8217;s American Society of Clinical Oncology (ASCO) meeting. The presentation at ASCO underscores the clinical significance and progress of LBL-007 in the field of oncology.<a href=\"https:\/\/flcube.com\">-Fineline Info &amp; Tech<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wuhan-based Contract Development and Manufacturing Organization (CDMO) Chime Biologics has signed a strategic cooperation agreement&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAownpewDA:productID":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7,10],"tags":[185,2092,16,2177,19,847,1974,846,3046],"class_list":["post-16340","post","type-post","status-publish","format-standard","hentry","category-company","category-deals","tag-beigene","tag-beone-medicines","tag-cancer","tag-chime-biologics","tag-cro-cmo-cdmo","tag-hkg-6160","tag-leads-biolabs","tag-nasdaq-bgne","tag-nasdaq-onc"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.6 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Chime Biologics, Leads Biolabs, and BeiGene Form Strategic Partnership for LAG-3 mAb LBL-007 - Insight, China&#039;s Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"Wuhan-based Contract Development and Manufacturing Organization (CDMO) Chime Biologics has signed a strategic cooperation agreement with Nanjing-based Leads Biolabs and Beijing firm BeiGene Inc., (NASDAQ: BGNE, HKG: 6160). 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