Genexine Raises New Funds To Progress Promising HPV, Other Projects
This article was originally published in PharmAsia News
Executive Summary
South Korean bioventure Genexine is on track to meet its goal of progressing and expanding this year the clinical development of its leading assets - orphan disease drugs and cancer immunotherapies. The company now plans to raise new funds via share and bond issues to domestic and overseas investors including its Chinese strategic alliance partner Tasly.
You may also be interested in...
Genexine Edges Ahead In Pediatric GHD After Versartis Trial Failure
Versartis's failure in a Phase III study of somavaratan places Genexine's GX-H9 in a favorable position to become the best-in-class long-acting growth hormone for pediatric growth hormone deficiency.
Inovio Strikes First Partnership, In Emerging Markets, For Lead Product
Inovio's new licensing deal for its most advanced pipeline asset gives the US firm not only its first partner for the cervical dysplasia vaccine but also a presence in a major emerging market.
New Funding To Give ViroMed ‘Favorable Position’ For Gene Therapy Deal
ViroMed joins a group of South Korean bioventures launching share offerings to fund R&D activities, in its case to beef up the clinical data package for its lead project VM202, which should in turn help with a licensing out deal for the gene therapy.