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HLB Takes First Expansion Step Via Immunomic Acquisition

 
• By Jung Won Shin

South Korea’s HLB has begun a new growth phase by taking over US-based clinical stage biotech firm Immunomic Therapeutics. Through the acquisition, it is poised to add new pipeline assets including a Phase II vaccine therapy for glioblastoma and proprietary lysosomal targeting technology.

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Acquisition Helps Overcome HLB's Limits In New Drug Development • Source: Shutterstock

South Korea's HLB Co. Ltd., which recently completed a global Phase III study for rivoceranib in late-stage gastric cancer in the US through its subsidiary Elevar Therapeutics, has started a new expansion phase, the first step in which is the acquisition of US-based Immunomic Therapeutics Inc.

“If we spent the last 10 years developing a single new drug [rivoceranib], we expect to take various actions and achieve results that will accelerate our growth as a

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OPPI’s Matai On Section 3(d) Of India’s Patent Regulations: Now’s The Time To Open Up

 
• By Anju Ghangurde

Anil Matai, director general, Organization of Pharmaceutical Producers of India, talks in this audio interview about the evolving intellectual property landscape in India post the 2024 amendments, including long-standing sticking points such as Section 3(d) of India’s patent regulations and innovator firms' experience of the Bolar provision. There’s also a "compelling reason" to consider regulatory data protection, he claims.