Bio News

Inocras, a cancer genomics big data company, secured $31 million (approximately 46.5 billion won) in a Series B-3 financing, bringing its cumulative funding to $100 million. The company provides cancer diagnostic and treatment information based on whole-genome data analysis technology and plans to use the funds to expand into the U.S. hospital market. Building on its precision diagnostic solutions CancerVision and MRDvision, which are already supplied to more than 100 medical institutions in Asia, the company plans to significantly expand its commercial and operational infrastructure in the United States.

BIOBOOK TEAM
biobookmedia@biobook.co.krAspen Neuroscience and Bambusa Plan U.S. IPOs; Developers of Parkinson’s and Bispecific Antibody Therapies
St. Jude Identifies Cell Marker for High-Risk Neuroblastoma
University of Texas at Austin Develops Flexible Electrode for Recording Brain Waves for a Month Without Shaving Hair
Revolution Medicines Shares Fall 6.3% on Concerns About RASONK’s KRAS Subgroup
GSK Adopts Chai Discovery AI Model After Wet-Lab Validation
Teva Wins FDA Approval for Long-Acting Olanzapine Beltruzza for Schizophrenia

Peptone nears end of two-year Lilly technology evaluation…follow-on deal could be pivotal

HLB Pharmaceutical Completes 60.8 Billion Won Rights Offering, Bets on New Hyangnam Plant as Management Participation Grows

Song Young-sook sells 86 billion won stake; buyer is daughter’s one-person company — Is a second round of Hanmi control battle looming?