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Week in Review: Allgenesis Posts Positive Data from US Trial of Bi-Specific for Diabetic Macular Edema

publication date: May 27, 2023

Trials and Approvals

  • Taiwan’s Allgenesis Biotherapeutics reported positive early data from a US Phase IIa trial of a bi-specific Fc-fusion protein designed to block VEGFs and integrins for Diabetic Macular Edema;
  • Shanghai Antengene announced the US FDA awarded two Orphan Drug Designations for ATG-022, a Claudin 18.2 antibody drug conjugate, one for gastric cancer and another for pancreatic cancer’
  • Ascentage Pharma posted a summary of four abstracts for novel cancer drug candidates that will be presented at the upcoming 2023 ASCO Annual Meeting;
  • ProfoundBio, a Suzhou-Seattle ADC biotech, started a US Phase I/II trial of its CD70 ADC for solid tumors or mesothelioma, and it was approved to start a similar trial in China;
  • Hangzhou Lynk Pharma dosed the first cohort of psoriatic patients in a China Phase Ib trial of LNK01004 ointment, a topical third-gen, pan-JAK inhibitor aimed at psoriasis;
  • Accropeutics Bioscience of Suzhou was approved to start a Phase I trial of its oral small molecule TYK2/JAK1 inhibitor in Australia to treat inflammatory and autoimmune diseases;
  • Shanghai BioRay Pharma will start China trials of BRY812, an ADC that targets human LIV-1, to treat advanced malignant tumors;
  • Hangzhou Minghui Pharma dosed the first subject in a China Phase Ia trial of a novel fusion protein candidate aimed at thyroid eye disease, an autoimmune condition;
  • Laekna, a Shanghai biopharma, was approved to start US Phase I/II trials of its LAE102 antibody, a novel ATP inhibitor, in patients with non-small cell lung cancer;
  • Hangzhou Hanx Biopharma will start US trials of its first-in-class recombinant anti-CD47/PD-1 bispecific antibody in patients with relapsed/refractory lymphoma.

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