Market News
Recent Developments
New product launches
- On June 29, 2023, Astellas Pharma Inc., a Japanese multinational pharmaceutical company, and Mitsui Fudosan Co., Ltd., a major real estate developer in Japan, announced that Astellas had established a "TME imaging and interactive research for innovation (TME iLab)" open innovation hub in October 2023 in "MITSUI LINK-Lab KASHIWA-NO-HA 1" (Kashiwa City, Chiba Prefecture, "the Lab"), operated by Mitsui Fudosan.
Acquisition and partnerships
- On September 8, 2023, Coherus BioSciences, Inc., a biopharmaceutical company, announced the closing of the previously announced acquisition of Surface Oncology, Inc. (Surface or Surface Oncology), a clinical-stage immuno-oncology (I-O) company developing next-generation immunotherapies that target the tumor microenvironment.
- In April 2022, Regeneron Pharmaceuticals, Inc., an American biotechnology company, entered into collaboration with CytomX Therapeutics, Inc., a clinical-stage, oncology-focused biopharmaceutical company, in order to create conditionally-activated investigational bispecific cancer therapies utilizing CytomX's Probody therapeutic platform and Regeneron's Veloci-Bi bispecific antibody development platform.