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166

AbClon, Chong Kun Dang: New Share Issuance and Payment Compl…

AbClon Inc. (CEO Lee Jong-Seo), an antibody-based drug development company, announced today that the payment for the third-party allocated capital increase, in which Chong Kun Dang (CEO Kim Young-Joo) participated, has been completed. The total payment amounted to KRW 12.2 billion, through which Chong Kun Dang secured 1.4 million common shares of AbClon, becoming its second-largest single shareholder with a 7.34% stake.   This investment is part of the strategic equity investment, joint research and development partnership agreement signed on May 9th. Through this agreement, Chong Kun Dang has secured exclusive domestic sales priority for AbClon's CAR-T cell therapy, Nespe-cel (AT101). The two companies plan to expand their joint development scope to include bispecific antibodies and immuno-oncology drugs in the future, and they are currently forming a joint development council for this purpose.   AbClon plans to concentrate the newly secured funds on clinical trials and research and development (R&D) for its core pipelines, including Nespe-cel. With the completion of the payment, AbClon has secured both financial stability and R&D momentum.   "The strategic partnership with Chong Kun Dang is more than just an investment; it's a testament to AbClon's growth potential and technological prowess in the market," said an AbClon official. "We will use this as an opportunity to resolve the risk of being designated as an administrative issue by meeting the sales criteria within the year and improving our financial structure, ultimately taking a leap forward as a global biotech company."   

2025-05-19 28
165

AbClon, Nespe-cel Lymphoma Clinical Trial Shows 94% ORR... P…

AbClon announced on the 16th that the interim results of its Phase 2 clinical trial of CAR-T (Chimeric Antigen Receptor T-cell) therapy 'Nespe-cel (AT101)' will be presented at the European Hematology Association (EHA) annual meeting. Professor Deok-Hyeon Yoon of Asan Medical Center in Seoul, the principal investigator of the Phase 2 trial, will be the corresponding author. A total of seven institutions participating in the ongoing Phase 2 trial, including Asan Medical Center, Ulsan University Hospital, Ajou University Hospital, Dong-A University Hospital, Seoul National University Hospital, Samsung Medical Center, and Yeouido St. Mary's Hospital, are listed as authors.   EHA, which will be held in Milan, Italy from June 12th to 15th, is considered one of the two most prestigious academic conferences in the field of hematologic malignancies, along with the American Society of Hematology (ASH).   Nespe-cel,  a next-generation anti-CD19 CAR-T therapy, is currently undergoing a Phase 2 clinical trial in South Korea for patients with relapsed/refractory diffuse large B-cell lymphoma (DLBCL). Unlike existing CAR-T therapies, Nespe-cel  utilizes AbClon's proprietary humanized antibody h1218, targeting the membrane-proximal region of the CD19 antigen, which results in rapid binding and dissociation kinetics.   The abstract being released presents the results of a multi-center Phase 2 trial evaluating the efficacy and safety of Nespe-cel. The analysis included 32 evaluable patients out of 35 who received Nespe-cel. The objective response rate (ORR), which signifies the reduction of cancer lesions beyond a predefined criterion, was 94%, and the complete response rate (CRR), indicating the disappearance of all lesions, was 63%. These results are remarkable when compared to the Phase 2 trial outcomes of existing treatments such as Kymriah (ORR 50%, CRR 32%) and Yescarta (ORR 72%, CRR 51%).   This presentation reflects the evaluation by clinical investigators, and the presentation at the conference will also include the latest treatment efficacy and safety data obtained since the abstract submission.   An AbClon official stated, "Based on its very high ORR, Nespe-cel  is expected to demonstrate potent anti-tumor effects even in high-risk patient groups who have not responded to existing CAR-T therapies." They added, "The correlation between 'Flying Kiss,' Nespe-cel's unique mechanism of action published in an international journal, and pharmacokinetic (PK) markers supports its therapeutic efficacy."   The official commented, "The ongoing Phase 2 trial is also evaluating long-term survival rates and strategies for managing side effects. Based on the results of the independent data monitoring committee, which are expected soon, we plan to apply for Breakthrough Therapy designation to the Ministry of Food and Drug Safety in early July to expedite the marketing authorization process."   Separately, the latest Phase 2 results and the progress of the Phase 3 trial of AC101 (Henlius code name HLX22), which AbClon licensed out to Henlius, will also be presented at the American Society of Clinical Oncology (ASCO) annual meeting held in Chicago, USA, from May 30th to June 3rd.   

2025-05-16 31
164

AbClon, The CAR-T cell therapy AT101 'Nespe-cel' has been of…

AbClon announced on the 2nd that its CAR-T (Chimeric Antigen Receptor T-cell) therapy AT101 has been approved by the World Health Organization (WHO) with the International Nonproprietary Name (INN) 'Nespecabtagene autoleucel’ (Nespe-cel). This signifies the official registration of the therapeutics and 'Nespe-cel' will be used as the official name when AT101 is commercialized in the global market in the future.   The International Nonproprietary Name is officially approved by the WHO for specific ingredients or substances to prevent misuse of medicines and to enhance information delivery and ease of use. This name is utilized as a unique identifier in the approval processes and commercialization stages of each country. 'Nespe-cel' embodies the meaning of a CAR-T therapy derived from AbClon's proprietary antibody platform technology 'NEST (Novel Epitope-Screening Technique)'.   AbClon is currently conducting a Phase 2 clinical trial in South Korea for Nespe-cel in patients with diffuse large B-cell lymphoma (DLBCL) across seven institutions, with research funding of 7 billion KRW supported by the Korea Drug Development Fund. DLBCL accounts for approximately 50% of non-Hodgkin's lymphoma (NHL). Following an interim analysis of the clinical trial results, the company plans to apply for accelerated approval in June and is also establishing strategies for domestic commercialization. Recently, AbClon announced the initiation of clinical strategies to expand the treatment to patient groups with follicular lymphoma (FL) and marginal zone lymphoma (MZL), which account for approximately 30% of NHL.   To strengthen the competitiveness of its CAR-T therapy in the global market, AbClon is pursuing the grant of an independent patent in overseas countries. As a result of this effort, the company signed an agreement on April 28th with TCT Health Technology (TCT) in Türkiye (formerly Turkey) for the commercialization of Nespe-cel in Türkiye, aiming to accelerate its entry into the European and Middle Eastern markets.   Through this collaboration, AbClon plans to establish clinical and production infrastructure for Nespe-cel in Türkiye and pursue the approval process for blood cancer treatment. Given the recent active support of the Turkish government for the advanced biopharmaceutical industry, the collaboration between AbClon and TCT is expected to create positive synergy. Following education and production preparation, the first patient is expected to receive Nespe-cel treatment in 2026.   An official from AbClon stated, "The technology transfer agreement to TCT is a significant milestone for entering into the European and Middle Eastern markets, leveraging Türkiye as a hub," and added, "We are simultaneously pursuing technology transfer globally and country-specific strategies as well."   Meanwhile, TCT is building a CAR-T therapy manufacturing facility in collaboration with global company Cytiva. Through this, they plan to establish the production system for Nespe-cel win near future. Support from the Turkish government is also expected to be a crucial foundation for the rapid and stable production of Nespe-cel.   End. 

2025-05-02 96
163

AbClon, Henlius, Expectation for AC101 as a Global Blockbust…

AbClon announced on the 28th that its Chinese partner, Henlius successfully held ‘2025 Global R&D Day’ event under the slogan of "Collaborate to Create."   The event was attended by Henlius key executives, academic experts, and multinational investors, who shared the latest research achievements, strategic visions, and the current status of advanced technology and therapeutic development. At the event, Henlius presented AC101 (Henlius code name HLX22) as a core innovative pipeline and emphasized its differentiated mechanism of action and clinical data.   During the presentation by Jason Zhu, CEO of Henlius, he stated that HLX22 has high potential to expand as a pan-tumor therapy covering a broad range of solid tumors, including HER2-positive gastric and breast cancers. He expressed confidence in developing it into a blockbuster drug, setting a future global market size of over $10 billion (approximately 14 trillion KRW) annually. Henlius is accelerating its global growth strategy centered on HLX22 by strengthening its development and commercialization capabilities in major markets such as the United States, China, and Japan.   HLX22 is a novel monoclonal antibody being clinically developed as a first-line treatment for HER2-positive metastatic gastric cancer, characterized by its binding to a different epitope compared to trastuzumab. Notably, gastric and gastroesophageal junction (G∙GEJ) cancer occurs in approximately 1 million cases annually, ranking as the fifth most common cancer worldwide. Among these, HER2-positive patients, accounting for about 12-23%, have a relatively poor prognosis.   Currently, HLX22 has entered into a global Phase 3 clinical trial (HLX22-GC301) as a first-line treatment in combination with trastuzumab and XELOX chemotherapy. The randomized, double-blind study is being conducted up to 550 patients across Asia, Europe, and North America. Earlier Phase 2 clinical trial (HLX22-GC201) results showed that the progression-free survival (PFS) in the combination therapy group was significantly longer compared to the control group, with a tumor response rate reaching 87.1% and demonstrating favorable safety.   Particularly encouraging is the more significant response observed in the Asian patient population, where the efficacy of pembrolizumab is limited, raising high expectations for HLX22. The market impact is also expected to be substantial, given the potential for indication expansion to HER2-expressing solid tumors beyond gastric cancer, such as breast, lung, and pancreatic cancers. The interim results of the global Phase 3 trial of HLX22 are scheduled to be presented at the American Society of Clinical Oncology (ASCO) in 2025.   A representative from AbClon stated, "As the company holding the original technology for HLX22, we anticipate securing both high technical value and revenue potential along with the global clinical progress of this product. We will continue to strengthen global partnerships and expand our position in the antibody therapeutics market."   End. 

2025-04-28 102
162

AbClon, AC101, First Patient Dosed in Phase 2 Clinical Trial…

AbClon announced on the 18th of April that the first patient in China has been dosed in a Phase 2 clinical trial evaluating 'AC101' in combination with Enhertu for the treatment of HER2-low, hormone receptor (HR)-positive, locally advanced or metastatic breast cancer.   The company stated that this trial shall expand the treatment scope of AC101 to the entire breast cancer area from the currently proved HER2-positive gastric cancer field, and provide new treatment options for a broader group of cancer patients.   According to GLOBOCAN, a cancer data research platform, breast cancer is the second most frequently diagnosed cancer worldwide, with approximate 2.3 million new cases diagnosed in 2022. HER2-low breast cancer accounts for 45-55% of all breast cancer cases, but currently lacks targeted therapies, relying mainly on endocrine therapy or chemotherapy. Although Enhertu has recently been approved, there is still a high demand for safe and effective treatments.   The Phase 3 clinical trial (AC101-GC-301) of AC101 in combination with trastuzumab and chemotherapy for gastric cancer patients has been approved in major countries including China, the United States, Japan, and Australia. The first patient has been dosed along with IND approvals in major countries, and the U.S. Food and Drug Administration (FDA) granted Orphan Drug Designation (ODD) for the treatment of gastric cancer last month.   Based on the significant results in HER2-positive gastric cancer, AC101 is expanding its treatment area to various HER2-expressing solid tumors. Last year, Phase 2 clinical trials of AC101 in combination with trastuzumab and chemotherapy, or in combination with Enhertu, were approved in China and are currently underway.   An AbClon official said, "We expect Henlius continue to attempt to expand the treatment and market for anti-HER2 targeted therapies, and accelerate the global development of AC101. We will strive to provide more effective and economical treatment options."   Meanwhile, at the Henlius 2025 R&D Conference held in Shanghai on the 15th, CEO Jason Zhu cited AC101 as one of the key assets in Henlius for the future, expressing confidence in its success. Professor Lin Shen, who is conducting the clinical trials, predicted that AC101 will show great therapeutic effects in patients worldwide with various solid tumors, including HER2-positive gastric cancer and breast cancer. 

2025-04-18 114
161

AbClon pursue strategy for next-generation CAR T-cell therap…

AbClon announced on the 14th that it has secured preclinical-stage technology for CAR-T (Chimeric Antigen Receptor T-cell) therapy targeting solid tumors, in addition to its efforts in blood cancer. This endeavor aims to provide a treatment for solid tumor patients who have suffered the limits of existing anticancer treatments with AbClon's next-generation CAR-T therapy.   AbClon is currently conducting a Phase 2 clinical trial in South Korea for its first CAR-T therapy, AT101, targeting hematologic malignancies. The company recently completed a technology transfer to Turkey and plans to expand its indications to the solid tumor field based on the success of its blood cancer treatment.   As part of this strategy, the company is co-developing a Claudin18.2-targeting CAR-T therapy with Professor Chung Joon-ho's research team at Seoul National University College of Medicine. This CAR-T targets a protein highly expressed in refractory solid tumors such as gastric and pancreatic cancers. The currently available treatments in this area have low response rates and significant drug resistance issues, leading to high unmet medical needs.   Professor Chung's research team developed antibodies specific to Claudin18.2 based on VHH (single-domain antibody) and scFv (single-chain antibody) obtained from specialized animal immunization and antibody gene technology. AbClon explained that it has confirmed the preclinical potential of the CAR-T therapy for solid tumors using these antibodies.   The company is also developing AT501, a next-generation switchable CAR-T therapy targeting HER2. AT501 is a platform that allows precise control of CAR-T cell activation when administered with a specific switch protein. This switch technology, which selectively targets HER2, has demonstrated excellent anticancer efficacy in animal models and has the advantage of enhancing anticancer effects with switch re-administration even in responsive/relapsed models. The company stated that this technology has drawn significant interest from overseas companies and research institutes.   In addition, AbClon is developing a CAR-T therapy targeting CD30 for patients with relapsed or refractory lymphoma. This is being done in collaboration with Dr. Marco Ruella's research team at the University of Pennsylvania (UPENN) School of Medicine and is expected to provide a new option for patients who do not respond to existing treatments. In particular, this therapy is being developed as a next-generation CAR-T therapy to overcome the tumor microenvironment (TME) by utilizing BTLA (B and T Lymphocyte Attenuator) gene editing technology.   An AbClon official stated, "We plan to continuously expand the indications for refractory solid tumors by integrating our antibody platform technology and cell therapy development capabilities." They added, "We will continue to pursue a differentiated new drug development strategy in the global anticancer market and become a leading company in the next-generation immuno-oncology field." End.   

2025-04-14 165
160

AbClon’s CAR-T Therapy ‘AT101’ Expands Blood Cancer Indicati…

AbClon to Expand Indications of CAR-T Therapy ‘AT101’ into Follicular Lymphoma (FL) and Marginal Zone Lymphoma (MZL), Aiming for IND Approval This Year   April 10th – AbClon (CEO Lee Jong-seo) announced that the company will expand the indications of its CAR-T (Chimeric Antigen Receptor T-cell) therapy ‘AT101’ into follicular lymphoma (FL) and marginal zone lymphoma (MZL). AbClon aims to obtain Investigational New Drug (IND) approval in Korea within this year.   Currently, AT101 is in Phase 2 clinical trial in Korea for diffuse large B-cell lymphoma (DLBCL), a subtype of blood cancer. Through this expansion of indications, AbClon aims to strengthen its competitiveness and position in domestic and international CAR-T therapy markets. The company anticipates that this study will provide broader treatment options for domestic hematologic cancer patients and secure an advantageous position in global technology transfer negotiations by the enhancement of platform's value.   ‘AT101’, a CD19 CAR-T therapy independently developed in Korea, is based on AbClon's proprietary platform technology. The Phase 2 clinical trial targeting DLBCL patients, who account for over 40% of non-Hodgkin lymphoma (NHL) patients, is progressing smoothly, and the company plans to pursue accelerated approval within the first half of this year.   Separately, FL and MZL account for over 25% of NHL cases worldwide, with approximately 1,500 new patients diagnosed annually in Korea. Both are CD19-expressing hematologic cancers, making them potential targets for CAR-T therapy. AbClon believes that AT101 can secure a relative therapeutic advantage based on its efficacy and mechanism of action, potentially becoming an effective treatment for both domestic medical institutions and patients.   Regarding its global technology transfer strategy, the company stated that this expansion of indications offers significant meaning. While the global CD19 CAR-T therapy market is experiencing a high compound annual growth rate of over 30%, CAR-T therapy has not yet actively penetrated the FL and MZL sectors. If AT101 secures clinical evidence for FL and MZL in addition to DLBCL, it can maximize its competitiveness in global licensing-out negotiations as a platform technology covering multiple indications with a single pipeline.   An AbClon representative stated, "The expanded application of efficacy, securing original technology, and flexibility in clinical trial design are key factors that will allow Abclon to gain a strategic advantage in the global market." They added, "AT101 is a next-generation gene-modified cell therapy that overcomes the fundamental limitations of CAR-T therapies."   The representative further emphasized, "This expansion of indications is part of multi-purpose strategy to broaden treatment opportunities for domestic patients as well as laying a practical foundation for global technology export." [End]   

2025-04-10 164
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