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Home » Authors » Marian (YoonJee) Chu

Marian (YoonJee) Chu

Articles

ARTICLES

Year in review 2024 - Asia deals and innovation

Major 2024 licensing deals confirm Asia’s ascent from copier to innovator

Dec. 31, 2024
By Tamra Sami and Marian (YoonJee) Chu
From local drug discovery to global innovation, economic uncertainty is taking a toll on China’s innovative biotech system, forcing local companies to weather unpredictable storms, investors said during the Chinabio Partnering Forum in Shanghai in September.
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Hepatitis B virus rendering

Ausperbio bags $73M series B for hep B-targeting RNA therapy

Dec. 31, 2024
By Marian (YoonJee) Chu
Ausperbio Therapeutics Inc. raised $110 million from two financing rounds in 2024 to advance its lead antisense oligonucleotide candidate as a functional cure for chronic hepatitis B.
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Elderly hands holding broken brain structure

Zhongzhi drops $3M in Gabaeron series A for stem cell AD therapy

Dec. 31, 2024
By Marian (YoonJee) Chu
Zhongzhi Pharmaceutical Holdings Ltd. made a $3 million investment in a series A financing round of stem cell therapy developer Gabaeron Inc. Dec. 21, expected to help propel Gabaeron’s preclinical Alzheimer’s disease (AD) candidate into phase I testing.
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Year in review 2024 - Asia deals and innovation

Japan deals big, wins approvals, mulls CGT; Korea, Australia, too

Dec. 31, 2024
By Tamra Sami and Marian (YoonJee) Chu
At Bio Japan 2024, policymakers and industry leaders pledged to make Japan a land of drug discovery to attract native and foreign drug developers. Like many Asian countries, Japan is harnessing and prioritizing the bio sector to drive economic growth, throwing its weight behind its 10-year Bioeconomy initiative to create bioclusters and increase investment.
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Year in review 2024 - Asia deals and innovation

Major 2024 licensing deals confirm Asia’s ascent from copier to innovator

Dec. 30, 2024
By Tamra Sami and Marian (YoonJee) Chu
From local drug discovery to global innovation, economic uncertainty is taking a toll on China’s innovative biotech system, forcing local companies to weather unpredictable storms, investors said during the Chinabio Partnering Forum in Shanghai in September.
Read More
Hepatitis B virus rendering

Ausperbio bags $73M series B for hep B-targeting RNA therapy

Dec. 30, 2024
By Marian (YoonJee) Chu
Ausperbio Therapeutics Inc. raised $110 million from two financing rounds in 2024 to advance its lead antisense oligonucleotide candidate as a functional cure for chronic hepatitis B.
Read More
Globe showing Asia-Pacific region
Year in review

AI drives financings, approvals for APAC med-tech in 2024

Dec. 27, 2024
By Marian (YoonJee) Chu
AI pulled in major financings and approvals for Asia med-techs in 2024 as Asia Pacific countries played to individual strengths to maximize AI’s applications in the health care sector. While breakaway AI technologies like OpenAI’s ChatGPT reshaped and boosted many industries, AI also drove major financings for APAC med-techs weathering a wider macroeconomic downturn, with AI-based companies accounting for five out of 11 IPOs tracked on BioWorld’s med-tech IPOs list.
Read More
Photo of Jaeyong Ahn and Jean-Francois Toussant in signing ceremony

Sanofi expands SK Bio deal, starts phase III of GBP-410

Dec. 24, 2024
By Marian (YoonJee) Chu
SK Bioscience Co. Ltd. won €50 million (₩75.5 billion, US$52.03 million) up front from Sanofi SA to expand an earlier agreement to develop and commercialize novel pneumococcal conjugate vaccines (PCVs). The first deal resulted in GBP-410 (SP-0202), its pediatric 21-valent PCV candidate that moved into phase III study last week.
Read More
South Korean won

AI cancer firm Oncocross debuts with $60M IPO on Kosdaq

Dec. 24, 2024
By Marian (YoonJee) Chu
AI-powered drug R&D platform firm Oncocross Co. Ltd. is leading the procession of year-end Korea biotech IPOs this week, pricing an offering of about 11.85 million shares on the Korea Exchange at ₩7,300 each for gross proceeds of ₩85.56 billion (US$59.5 million).
Read More
Group photo, including Onconic CEO John Kim, at Kosdaq

Cancer, GI-focused Onconic shares take off after ₩20B IPO

Dec. 24, 2024
By Marian (YoonJee) Chu
Onconic Therapeutics Inc., a subsidiary of Jeil Pharmaceutical Co. Ltd., saw its shares (KOSDAQ:476060) ascend for two consecutive days after debuting with a ₩20.15 billion (US$13.89 million) IPO on the Korea Exchange Dec. 19. Seoul, South Korea-based Onconic’s Kosdaq IPO offered about 1.55 million shares at ₩13,000 each, which was lowered from its original price band of ₩16,000 to ₩18,000 per share after demand forecasting.
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View All Articles by Marian (YoonJee) Chu

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