Bio News
Swiss pharmaceutical company Roche has secured global rights to Hanmi Pharmaceutical’s obesity drug candidate HM17321 in exchange for a $190 million upfront payment (approximately 268 billion won). HM17321 is a non-incretin candidate designed to induce weight loss while reducing muscle loss. Roche will hold worldwide rights excluding South Korea, while Hanmi Pharmaceutical will receive up to $2.3 billion in milestone payments and sales royalties.
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?
