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Chinese Nucleic Acid Drug Developers Dominate October VC/PE Funding

 
• By Dexter Jie Yan

Sirius Therapeutics’ $60m series B signified venture capital firms’ reviving interest in Chinese developers of nucleic acid drugs. Meanwhile, Angitia Biopharmaceuticals’ $46m series B extension round underscored investors’ attention to the musculoskeletal diseases area.

FUNDING word written on wood block
Venture capital, private equity investors showed renewed interest in October in nucleic acid modalities. • Source: Shutterstock

Venture capital and private equity investors showed revived interest in October in Chinese biotechs focused on nucleic acid modalities, as the total funding secured by such start-ups eclipsed that raised by companies pursuing other models.

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Arbele Leverages Rights As It Drugs Proprietary CDH17 Target

 
• By Dexter Jie Yan

Arbele has emerged as a global leader in the Cadherin 17 area, not only in clinical progress but also for its “secret recipe” for application in T-cell engagers, its CEO tells Scrip.

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New Data Strengthen Case For RemeGen’s Telitacicept In gMG

 
• By Dexter Jie Yan

Results from a China Phase III trial show the potential of RemeGen's fusion protein telitacicept in generalized myasthenia gravis. But study design differences make direct comparisons with argenx's FcRn inhibitor Vyvgart challenging.

More from Focus On Asia

Henlius In David Versus Goliath Race With Pfizer For First PD-L1 ADC

 
• By Dexter Jie Yan

While Henlius Biotech’s PD-L1-targeting antibody-drug conjugate HLX43 is struggling to catch up with Pfizer’s PF-08046054, the global frontrunner in the space, a key differentiation of the China-originated asset could lie in PD-L1-negative patients.

US-China Tariff War Pressures Pharma’s Complex Supply Chain

 
• By Lisa Takagi

Although pharmaceuticals are exempt from the US reciprocal tariff policy, for now, the escalating global trade war is already posing practical on-the-ground problems for some companies, Scrip hears.

AstraZeneca Logs Japan Growth Despite Price Cuts

 
• By Lisa Takagi

AstraZeneca logs growth in Japan despite a big reimbursement price cut for one of its top sellers and expects 40 approvals in the country over the next six years.