ACROMETA’s Life Science Incubator (LSI) Signs Agreement with Ho Bee Land subsidiary to operate Co-Working Laboratory

SINGAPORE, Oct 6, 2023 – (ACN Newswire) – ACROMETA Group Limited (“ACROMETA”, or the “Company” and together with its subsidiaries, the “Group”), an established specialist engineering service provider in the field of controlled environments serving mainly the healthcare, biotechnology, pharmaceutical, research and academia sectors, today announced that its 70% owned subsidiary company Life Science Incubator Pte Ltd (“Life Science Incubator” or “LSI”) has entered into a Management Agreement (the “MA”) with HB Universal Pte Ltd, a subsidiary of Mainboard-listed Ho Bee Land Limited.

The MA engages LSI to operate and manage a co-working laboratory centre at Elementum, One-North, a building in the heart of Singapore’s biomedical industry district. The MA is for an initial period of six (6) years with an option to renew the MA for a further six (6) years by mutual agreement.

The MA engages LSI to operate, manage, promote and market the co-working laboratory centre; and to provide management and consultancy services for the business. The proposed project will triple the size of LSI’s co-working laboratory space operations in Singapore. With the expanded space, the operations at Elementum will be able to attract companies that require larger Research and Development (“R&D”) space, as well as enable existing LSI customers who want to expand their R&D activities to do so.

The MA follows on the heels of LSI’s recent expansion of its co-working lab space business. On 6 April 2023, Acrometa announced to SGXNet that Life Science Incubator signed an MOU with a renowned German commercial property group to be the anchor tenant for its planned Brisbane co-working laboratory space project. On 21 March 2023, AcroMeta announced that it had signed an MOU with a Thailand industrial waste disposal company for the construction and operation of a laboratory for the testing and certification of solid waste and sludge. The construction of the laboratory would be done by Acrometa’s wholly-owned subsidiary Acromec Engineers, and LSI would operate the laboratory; with an option for joint ownership.

Mr Levin Lee Keng Weng, ACROMETA’s Executive Chairman, commented: “Biomedical sciences is an integral part of Singapore’s future economy with its focus on high value-add industries. Co-working laboratory spaces allows SMEs and startups to kickstart their R&D without incurring initial high CAPEX. There is a rising number of SMEs and startups needing co-working laboratory spaces with specialized infrastructure to conduct their R&D to bring their innovative products to the market. That is where LSI comes in.”

Mr Lee added, “Having a working partnership with Ho Bee Land, a well-known and established property developer, would solidify the LSI brand of co-working laboratory spaces. This will position us for international expansion of the LSI brand that we are planning, as there is demand for co-working laboratory space in major cities and industrial hubs globally.”

Reference:

https://links.sgx.com/1.0.0/corporate-announcements/SC90A0YKN02PFDZS/28c5ad55d8d648b608d9fb066a8c4a834c84667232efed4f6ad1c5fc5f46e3c2

About ACROMETA Group Limited (SGX Stock Code:43F)

ACROMETA (Previously known as ACROMEC Limited) is an established specialist engineering services provider with more than 25 years of experience in the field of controlled environments.

The Group has, over the years, acquired expertise in the design and construction of facilities requiring controlled environments such as laboratories, medical and sterile facilities and cleanrooms.

ACROMETA’s business is divided into three main business segments: (i) Engineering, procurement, and construction services, specialising in architectural, and mechanical, electrical, and process works within controlled environments; (ii) Maintenance and repair services of facilities and equipment of controlled environments and their supporting infrastructure. (iii) Co-Working Laboratory business; currently operates 6,500 square feet of co-working laboratory space at The German Centre in Singapore, serving SMEs and startups.

The Group mainly serves the healthcare, biotechnology, pharmaceutical, research and academia, and electronics sectors. ACROMETA’s customers include hospitals and medical centres, government agencies, research and development companies or agencies, research and development units of multinational corporations, tertiary educational institutions, pharmaceutical companies, semiconductor manufacturing companies, and multinational engineering companies.

The Company has been listed on the Catalist board of the Singapore Exchange since 2016. For more information, please visit www.acrometa.com.

Media and Analysts Contact:
ACROMETA Group Limited
Ms. Cheah Lai Min
Chief Financial Officer
Tel: +65 6415 0574
Email: laimin.cheah@acrometa.com

Waterbrooks Consultants Pte Ltd
Mr. Wayne Koo
Tel: +65 6958 8008 / +65 9338 8166
Email: wayne.koo@waterbrooks.com.sg
Email: query@waterbrooks.com.sg

This media release has been reviewed by the Company’s Sponsor, Evolve Capital Advisory Private Limited (the “Sponsor”). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the “Exchange”), and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Mr. Jerry Chua, 138 Robinson Road, #13-02 Oxley Tower, Singapore 068906, jerrychua@evolvecapitalasia.com.



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

The Story of Fosun and the Nobel Prize

Hong Kong, Oct 5, 2023 – (ACN Newswire) – Following pioneering breakthroughs in basic science, companies are often needed to carry out technological innovation and commercialization to turn scientific breakthroughs into products that improve the living conditions of mankind.

At around 17:45 on 2 October 2023, Beijing time, the winners of the Nobel Prize in Physiology or Medicine 2023 were announced. The Nobel Prize in Physiology or Medicine 2023 was awarded to Katalin Karikó and Drew Weissman, two scientists who have long been dedicated to the research of mRNA technology, for their discoveries concerning nucleoside base modifications in mRNA.

What is nucleoside base modification? You may not be familiar with it, but we all know about the mRNA vaccine that saved countless people during the COVID-19 pandemic. The scientific breakthroughs made by the two Nobel Laureates this year in 2005 played a crucial role in the research and development (R&D) of the world’s first mRNA vaccine by BioNTech, a German Biotechnology company during the COVID-19 pandemic in 2020.

It is no exaggeration to say that this year’s Nobel Prize in Physiology or Medicine is an award for the development of the first mRNA vaccine. While scientific breakthroughs serve as the foundation for successful vaccine development, the contribution of enterprises is equally important. There is a global company rooted in China that can be considered as the hero behind the successfully R&D of mRNA vaccine.

The company is Fosun, the first company to reach a cooperation in the R&D of mRNA COVID-19 vaccine with BioNTech, a German biotechnology company during the pandemic. In fact, the story of Fosun and the Nobel Prize goes beyond the development of mRNA vaccine.

Artesunate was developed by Guilin Pharma, a subsidiary of Fosun, on the basis of Tu Youyou’s, a renowned Chinese scientist and Nobel laureate in Physiology or Medicine in 2015, discovery of artemisinin. To date, artesunate has treated nearly 56 million severe malaria patients worldwide, most of whom are children in Africa.

Targeting the development of mRNA vaccine within one month of the outbreak

Let us start with the story of Fosun and the first mRNA vaccine.

On 23 January 2020, Wuhan imposed a closed-loop management system due to the severe epidemic situation. While Fosun launched a global anti-epidemic operation and urgently deployed global anti-epidemic materials to China, it capitalized on its cutting-edge vision and sound judgment to focus the R&D of mRNA vaccine, hoping to leverage this innovative technology to develop an effective vaccine against the virus.

The epidemic was severe at the time. On 29 January, less than a week after Wuhan imposed a rigorous management system, Fosun Pharma urgently communicated with the German company BioNTech on the R&D of the mRNA COVID-19 vaccine. The two parties quickly reached a consensus and established a collaborative partnership in mid-February to work jointly on the development of the mRNA vaccine. On 13 March, Fosun Pharma and BioNTech officially entered into a cooperation agreement and jointly announced it three days later, which was three days before the cooperation between BioNTech and Pfizer of the United States.

According to the strategic cooperation agreement reached by Fosun Pharma and BioNTech in March 2020,  the two Companies will work jointly on the development of COVID-19 vaccines based on BioNTech’s mRNA technology platform in China. The Companies will collaborate to conduct clinical trials in China leveraging Fosun Pharma’s extensive clinical development, regulatory, and commercial capabilities in the country.

During the course of global joint R&D, Fosun Pharma also cooperated with the Chinese Academy of Medical Sciences to complete animal testing of multiple mRNA vaccine candidates, and conducted in-depth cooperation with BioNTech in clinical research, pharmacological data science, pharmacovigilance and other areas. It also took the lead in carrying out phase I and phase II clinical trials in Chinese mainland. The successful development of the mRNA COVID-19 vaccine embodies the wisdom of the Chinese scientific research teams and is one of the model projects of Sino-German scientific cooperation.

In November 2020, good news came amid the raging COVID-19 pandemic: the final analysis of the phase III clinical trial of the mRNA COVID-19 vaccine showed that it was 95% effective in preventing COVID-19 infections. Subsequently, the vaccine was approved by the United States Food and Drug Administration (U.S. FDA), becoming the first mRNA vaccine for emergency use.

On 23 August 2021, BioNTech announced that the Biologics License Application (BLA) for COMIRNATY (mRNA COVID-19 vaccine) for use in individuals 16 years of age and older to prevent COVID-19 infection was approved by the U.S. FDA. COMIRNATY is the first COVID-19 vaccine to be granted approval by the FDA, and also the first officially approved COVID-19 vaccine in the world with complete phase III data.

Since the beginning of 2021, COMIRNATY (mRNA COVID-19 vaccine) has been successively launched in Hong Kong SAR, Macau SAR and Taiwan region, building an immune barrier for the regions. As of the end of May 2023, more than 40 million doses of COMIRNATY were administered in Hong Kong SAR, Macau SAR and Taiwan region and COMIRNATY became one of the most widely used vaccines in the aforementioned regions.

A “Chinese drug” that has treated more than 56 million severe malaria patients

Let us move on to the story of Fosun and artemisinin.

Malaria, tuberculosis and AIDS are among the three major infectious diseases in Africa. In sub-Saharan Africa, every 2 minutes, a child in the world dies from malaria. The discovery of artemisinin has enabled mankind to discover a new weapon against malaria, and has also brought hope to Africa’s battle with malaria.

The discovery and development of artemisinin marks a major event in the history of malaria prevention and treatment, and represents a major breakthrough after quinoline-containing antimalarial drugs. Chinese scientist Tu Youyou was awarded China’s Highest Science and Technology Award and the Nobel Prize in Physiology or Medicine 2015 for the discovery of artemisinin.

Many people do not know that Guangxi in China is rich in Artemisia annua, and Guilin Pharmaceutical Co., Ltd. (“Guilin Pharma”), a member company of Fosun Pharma located in Guilin, Guangxi, has made a significant contribution to the decline in global malaria morbidity and mortality. Based on the discovery of artemisinin, Guilin Pharma successfully developed artesunate in 1977, which solved the problem of water solubility of artemisinin compounds and increased the efficacy of malaria treatment by seven folds, becoming China’s no.1 new drug.

Fosun, which has continued the efforts of Tu Youyou’s team, played an important role in promoting the internationalization of innovative artemisinin-based drugs. In 2004, Fosun Pharma saw the international strategic value of the new drug and embarked on the journey of continuous innovation and internationalization of artesunate products through the restructuring of Guilin Pharma. Fosun is committed to bringing high-quality, affordable antimalarial drugs to the African people and working with the African people to build a malaria-free world.

Under the guidance of World Health Organization (WHO) experts, Artesun, artesunate for injection received WHO Prequalification (WHO PQ) in 2010. In early 2011, WHO revised the Guidelines for the Treatment of Malaria and changed the first-line treatment from quinine to artesunate for injection for adults and children with severe malaria.

Over the past 20 years, thanks to the widespread use of a variety of new-generation malaria prevention tools and treatments, including Artesun, artesunate for injection, malaria mortality in Africa has dropped by approximately 37.3% between 2000 and 2020 (data source: WHO’s official website). According to WHO data, the average life expectancy in African countries had increased by 9.4 years since 2000, reflecting the important contribution of China-developed artemisinin-based antimalarial drugs.

Today, Artesun, artesunate for injection has become the international gold standard for the treatment of severe malaria and the preferred drug for the treatment of severe malaria recommended by the WHO. As of the end of 2022,  Artesun, artesunate for injection, also known as the “anti-malarial miracle drug from China”, has treated more than 56 million severe malaria patients around the world, most of whom are African children under the age of 5.

As an innovation-driven pharmaceutical company, Fosun Pharma continues to improve the R&D of artesunate products. In June 2023, the second-generation artesunate for injection self-developed by Fosun Pharma, Argesun became the first artesunate injectable presented with a single solvent system to receive WHO PQ and has already been registered in 16 countries, further improving the accessibility of high-quality innovative antimalarial drugs and saving more lives.

“China opportunities” for pharmaceutical innovation and R&D

The story of Fosun and the two Nobel Prizes gives us another perspective on the relationship between scientific research and business. Following pioneering breakthroughs in basic science, companies are often needed to carry out technological innovation and commercialization to turn scientific breakthroughs into products that improve the living conditions of mankind. Through cooperation of scientists, entrepreneurs, venture capitalists, and bioengineers; scientific research, development, and clinical trials; Germany, China, the United States, we have jointly created the breakthrough of a new generation of vaccines and effectively responded to the COVID-19 pandemic.

For Fosun, it is Tu Youyou’s discovery of artemisinin that led to the development of artesunate, a malaria treatment with seven-fold increased efficacy, and its anti-malarial efforts in Africa; it is the discovery of nucleoside base modifications in mRNA that led to the development of mRNA vaccines; and after responding to the COVID-19 pandemic, mRNA technology is expected to lead to the emergence of vaccines for influenza and even various types of cancer, bringing greater health benefits for all people.

Fosun has always been regarded as a company with diversified businesses. In fact, since its establishment in 1992, the health segment has been the core area in which Fosun continues to develop. After the R&D of PCR hepatitis B reagents brought Fosun the “first bucket of gold”, innovative R&D has also become Fosun’s development strategy and core competitiveness.

For more than 30 years, Fosun has been focusing on cutting-edge medical fields and continues to promote the development and commercialization of innovative technologies and products through independent R&D, cooperative development, license-in, and in-depth incubation. After years of high-intensity investment, coupled with a cutting-edge vision of globalization, Fosun has established multiple R&D teams around the world to promote R&D day and night, and has finally continued to reap innovative achievements in recent years.

In addition to artesunate and mRNA vaccines, Fosun Pharma’s innovative products cover core therapeutic areas such as tumors, immunology, central nervous system, and chronic diseases. In the first half of 2023, Fosun Pharma had a total of 5 innovative drugs (indications) and 10 generic drugs approved for launch.

HANSIZHUANG (serplulimab injection), the first biopharmaceutical innovative drug self-developed by Fosun Pharma, became the world’s first monoclonal antibody drug targeting PD-1 for first-line treatment of extensive-stage small cell lung cancer and has been approved for multiple indications. China’s first CAR-T cell therapy product, Yi Kai Da (ejilunsai injection), has also obtained approval for second-line indication in China, which will benefit more Chinese lymphoma patients.

In the field of professional treatment, Intuitive Fosun, a joint venture of Fosun Pharma, continues its efforts to realize localization of medical treatment. The da Vinci Surgical System will be locally manufactured in Shanghai.

Fosun, which has long embraced globalization and promoted technology innovation and R&D, is becoming an important innovation force among Chinese enterprises. At present, the constantly improving innovative drug R&D and regulatory ecosystem in China, the continuous convergence of drug regulatory system with international standards, together with favorable policies for innovative drugs are driving growth for innovative companies like Fosun, which will foster more Chinese innovation and Chinese opportunities in the future.



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

ZeptoMetrix Awarded in Vitro Diagnostic Regulation (IVDR) Certification

BUFFALO, NY, Oct 3, 2023 – (ACN Newswire) – ZeptoMetrix® is pleased to announce it has been awarded an IVDR Quality Management System certificate from British Standards Institution BSI, NB 2797, one of the notified bodies under the new EU In Vitro Diagnostics Regulation (IVDR). This certificate applies to the majority of the current portfolio of CE marked ZeptoMetrix NATtrol™ quality control products that are the industry’s preferred brand for molecular diagnostic testing and are supplied ready-to-use as independent third-party quality control materials. With this significant certification step completed, ZeptoMetrix will focus on the implementation of updated product labelling over the next several months.

“ZeptoMetrix is delighted with our smooth and efficient transition to IVDR,” commented Glenn Harrall, Global Vice President of Quality, ZeptoMetrix. “This transition reflects ZeptoMetrix continuous investments in quality programs, regulatory compliance and demonstrates our ongoing quality commitment to our partners and customers.”

“Achieving this certification milestone is further demonstration of ZeptoMetrix’s commitment to supporting European clinical laboratories with reliable, innovative quality controls,” said Evangeline Gonzalez, President, ZeptoMetrix.

For more information on ZeptoMetrix and NATtrol products, visit www.zeptometrix.com.

About ZeptoMetrix®

ZeptoMetrix, an Antylia Scientific company, is an established industry leader in the design, development, and delivery of innovative, quality solutions to the infectious disease diagnostics market. Our expertise and abilities in molecular diagnostics, including external quality controls, verification panels, proficiency panels, customized and OEM products/services, have set the industry standard for performance and reliability and make ZeptoMetrix the preferred choice for independent third-party quality control materials.

Contact Information
Andrew Zenger
Global Product Manager
andrew.zenger@antylia.com
(716) 715-7417

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Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

HanchorBio Announces First Patient Dosed in the Phase 1 Multi-Regional Clinical Trial of HCB101

SAN FRANCISCO, CA and TAIPEI, TAIWAN, Oct 3, 2023 – (ACN Newswire) – HanchorBio Inc., a global clinical-stage biotechnology company focusing on the discovery and development of innovative immuno-biomedicines to treat a wide variety of patients suffering from different solid tumors or hematological malignancies with significant unmet medical needs, today announced that the first patient has been dosed in a Phase 1, multi-regional, multi-center clinical trial (ClinicalTrials.gov ID: NCT05892718). The trial aims to evaluate the safety, tolerability, pharmacodynamics, and anti-tumor activity of HCB101 in patients with advanced solid tumors or relapsed and refractory non-Hodgkin lymphoma. 

“The dosing of the first patient with HCB101 marks another major milestone in evaluating the potential benefit of HCB101 for these patient populations,” said Scott Liu, Ph.D., Founder, Chairman, and Chief Executive Officer of HanchorBio. “Based on the preclinical head-to-head comparison studies, HCB101 repeatedly demonstrated superior efficacy and excellent safety profiles in comparison with several similar biologics currently being investigated in clinical trials targeting the same SIRPα-CD47 pathway. I am immensely proud of the teamwork that has brought our differentiated program to this point with only 2.6 years from the Company’s inception to IND and now first-patient-in. HanchorBio is dedicated to discovering and developing immunotherapies to overcome the inadequacies of PD-1/L1 therapies with our proprietary FBDB™ technology platform.”

“There is an urgent need for new treatment options for patients with cancer, particularly those who cannot tolerate currently available therapies,” commented Jason Tsai, M.D., M.S., Chief Medical Officer of HanchorBio. “Through blockade of the SIRPα-CD47 pathway, HCB101 brings additional armament to fight cancer. Our goal is to bring transformative treatment options for patients with cancer by developing HCB101 as a foundational innate immunity checkpoint immunotherapy and open the door to innate-adaptive combination immuno-oncology therapy.”

HCB101 is an engineered fusion protein using the Company’s proprietary Fc-based designer biologics (FBDB™) technology platform that blocks the “do not eat” signal from the SIRPα-CD47 pathway, which inhibits the ability of macrophages to engulf and destroy cancer cells. Preclinical studies have shown that HCB101 has anti-tumor activity across a wide range of solid tumors and hematological malignancies. Unlike other similar agents, HCB101 exhibits excellent safety profiles in the repeat-dose cynomolgus monkey toxicology studies, as no abnormality of RBC or platelet levels were observed, with a potential as the best-in-class anti-SIRPα-CD47 immunotherapy.

HanchorBio owns worldwide commercial rights to HCB101.

About HCB101

Discovered through a structure-guided protein design and engineering supplemented with relevant screening technologies, HCB101 is an engineered extracellular domain of SIRPα fused to the Fc region of IgG4. HCB101 triggers potent phagocytic activity of the macrophages by primarily blocking the “do not eat” signal between macrophages and tumor cells. Based on the extensive in-vitro and in-vivo preclinical data, HCB101 is potentially a safer and more potent biologic than the anti-CD47 monoclonal antibodies and SIRPa fusion proteins currently being investigated in clinical trials. Furthermore, quantitative RNA transcriptional analysis indicated that HCB101 triggered distinct gene expression profiles inside the tumor and in the tumor microenvironment compared to other relevant clinical candidates, suggesting that HCB101 might exhibit unique mechanisms of action. Using HCB101 as the foundation, our pipeline includes other arms targeting both adaptive and innate immunity to help revolutionize the treatment of patients with cancer and other debilitating diseases.

About Multi-Regional Clinical Trial of HCB101 (NCT05892718)

HCB101-101 is a multi-regional, multi-center, open-label, dose-finding, first-in-human (FIH) study of adults with advanced solid tumors or relapsed and refractory non-Hodgkin lymphoma in the United States and Taiwan. The purposes of the study are to evaluate the safety, tolerability, pharmacokinetics, and clinical anti-tumor activity of HCB101 via intravenous injections. HCB101-101 has already received IND clearance by the U.S. FDA in April 2023 and the Taiwan FDA in July 2023.

About HanchorBio

Based in Taipei, Shanghai, and San Francisco Bay Area, HanchorBio is a global clinical-stage biotechnology company focusing on immuno-oncology. The Company is led by an experienced team of pharmaceutical industry veterans with a proven track record of success in biologics discovery and global development to transcend current cancer therapies. Committed to reactivating the immune system to fight against diseases, the proprietary Fc-based designer biologics (FBDB™) platform enables unique biologics with diverse multi-targeting modalities to unleash both innate and adaptive immunity to overcome the current inadequacies of anti-PD1/L1 immunotherapies. The FBDB™ platform has successfully delivered proof-of-concept data in several in vivo tumor animal models. By making breakthroughs in multi-functional innovative molecular configurations in R&D and improving the manufacturing process in CMC, HanchorBio develops transformative medicines to address unmet medical needs.

For more information, please visit: www.HanchorBio.com or follow us on LinkedIn at www.linkedin.com/company/hanchorbio-inc

Contact Information
Scott Liu, Founder, Chairman and CEO, scott_liu@hanchorbio.com
Yi Du, Sr. Director of Business Development, yi_du@hanchorbio.com



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Hyris Supports Researchers and Developers to Launch Testing Kits via New Onboarding Programs

LONDON, UK / ACN Newswire / September 27, 2023 / In the age of early mass dissemination of accessible AI solutions, many specialists and researchers from different scientific, technical and academic fields claim that AI has not yet gone far enough. According to a recent Editorial published in Nature, several research fields which need accurate and accessible data won’t achieve their full potential until they integrate adequate machine-learning systems.

Hyris Onboarding Programs With Hyris both established and emerging test developers can optimize their go-to-market by leveraging the power of AI.

Even if AI tools promise a disruption in the way researchers seek and synthesize useful new substances and tests, we are far from a wholesale revolution yet, also because of the lack of data available to feed centralized AI systems. This poses several challenges to researchers and kit developers in designing and delivering new testing solutions.

Hyris keeps true to its vision, to democratize genetics and health insights, marking a new stage in its partnership policies with newfangled onboarding programs specifically designed to further support researchers and kit developers at every stage.

“Genetic test developing and onboarding has always been faced with inherent challenges, from resource staffing to competence integration, from research funding to ensuring adequate testing volumes,” states Angelica Baccanelli, Head of Quality & Regulation at Hyris. “Adapting to variability in the compliance environment, applying requirements to molecular assays, and developing the proper documentation for the go-to-market can all pose additional risks.”

Amongst many challenges, technological access gaps are still the greatest hindrance to the development of new solutions across different industries. Hyris stands to change this for the better, by leveraging the AI capabilities of its unique genetic testing platform, renowned worldwide for its AI capabilities together with its unique features of portability, accessibility and versatility.

“Researchers and kit developers know well how hard delivering new analytical solutions can be,” continues Baccanelli. “That’s why we increased our commitment to support both emerging players and established manufacturers performing beyond their current analytical capability via new onboarding programs.” Baccanelli goes on, depicting the advantages of such an inclusive approach. “We provide access to our technology and support developers through various stages of the development of new tests via proper education and technical assistance. This win-win approach enables any player to quickly integrate their portfolio with new products and solutions, maximizing their cost per value strategy.”

Hyris’s Onboarding strategy is proving successful across many industries. Such is the case of Luminis, Water Technologies, a leader in microbiome profiling and treatment solutions, which embraced Hyris’ Program to bring on-site qPCR diagnostics to the aquaculture industry, enabling customers to quickly and accurately test for pathogens, viruses, and bacteria, ultimately improving their operations’ overall safety and productivity in such industry. Luminis adopted the Hyris system to develop new qPCR diagnostics kits, enabling its customers to perform genetic analysis on-site rather than sending samples to a lab, significantly reducing turnaround time and allowing for more informed decision-making. Additionally, on-site testing eliminates the need for expensive lab equipment, and operators can now perform testing with minimal training.

“The benefits of on-site qPCR diagnostics are numerous,” explains Lorenzo Colombo, CTO at Hyris, “ensuring faster turnaround time and reduced costs, compared to centralized diagnostic systems. On the other hand, the downsides of such an approach have been the lack of accuracy and the complexity of on-site technologies, making this approach less suitable for day-to-day operations until now. We fixed all these problems, providing highly accurate results whilst requiring minimal training to operate. Hyris can really be used in any setting, even under the harshest conditions.”

Hyris’ distributed technology allows the identification of new and arising needs, even from decentralized areas: this, in turn, enables the design and deployment of fitting solutions at a very early stage of any diagnostic trend, throughout various diverse use cases. Kit developers and lab specialists can now truly collaborate, tapping into different levels of data analysis in real-time to bring innovative tests with superior quality and increased fitness to market; dressing on the cake, all the more quickly and efficiently.

“Too often, centralized diagnostic paradigms risk overlooking local needs, preventing benefits from being shared equitably,” sums up Stefano Lo Priore, co-founder and CEO at Hyris. “This also poses an ethical question, as innovations often fail to benefit those who need them most. Reliable portable diagnostic systems are key to building new capabilities for established and emerging diagnostic service providers. By helping others to deliver their solutions, we also fulfil our mission, generating a much wider impact worldwide.”

The new Onboarding Programs are contributing to making Hyris the first choice for testing labs, test developers, and researchers looking to bring on specific tests involving smaller sample arrays, reduced time to results, and increased efficiencies and profitability.

To discover how to perform beyond your current diagnostic capability, feel free to contact a Hyris expert at info@hyris.net.

Contact Information

Gabriele Salaris, Global Experience Manager, gabriele.salaris@hyris.net +39 345 555 3379



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

A biotechnology company dedicated to developing BsAb-based therapies in China, YZY Biopharma Officially Listed on Main Board of SEHK

Hong Kong, Sept 25, 2023 – (ACN Newswire) – Wuhan YZY Biopharma Co., Ltd. (“YZY Biopharma” or the “Company”, together with its subsidiaries, the “Group”, stock code: 2496.HK), is officially listed and commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”) today.

The total number of offer shares under the Global Offering amounts to 11,001,200 shares (assuming the Over-allotment Option do not exercise), with the final offer price determined at HK$16 per offer share. The net proceeds from the Global Offering to be received by the Company, after deduction of the underwriting fees and expenses paid and payable by the Company in connection with the Global Offering, are estimated to be approximately HK$121.4 million. The Hong Kong Public Offering was over-subscribed, where the total number of valid applications amounted to approximately 13.81 times of the total number of Hong Kong offer shares initially available for subscription under the Hong Kong Public Offering. The offer shares initially offered under the International Offering have also been over-subscribed by approximately 1.57 times. The final numbers of Hong Kong offer shares and International offer shares are respectively 1,100,200 and 9,901,000, each representing approximately 10% and 90% of the total number of the offer shares initially available under the Global Offering before any exercise of the Over-allotment Option.

As a biotechnology company dedicated to developing BsAb-based therapies, YZY Biopharma’s core business model is to in-house discover, develop and commercialize BsAb-based therapies to treat cancer-associated complications, cancer and age-related ophthalmologic diseases. The Company carefully selects potential targets for its BsAbs, and has adopted a differentiated clinical development strategy to maximize the clinical and commercial value of its drug candidates. At present, the Company has designed and developed a pipeline of seven clinical-stage drug candidates ; and has developed three T cell-engaging BsAbs, namely M701, M802 and Y150, to simultaneously bind to T cells and tumor cells via tumor-cell specific antigens in immunotherapy. In addition, the Company is also focusing on the development of the TME-targeted BsAbs, including Y101D and Y332. With the increasing trend of population aging and growing cancer incidences in China, it is expected that the clinical demands for effective oncology drugs will increase significantly. M701 (EpCAM × CD3 BsAb) – YZY Biopharma’s core product, now has been selected for the “National Major New Drug Innovation” program under the 12th Five-Year Plan, which the Company believes could be an advantage for its future inclusion into the National Reimbursement Drug List.

The co-founder, chairman, executive director and CEO of YZY Biopharma, Dr. Zhou Pengfei, has over 33 years of extensive experience in the healthcare and pharmaceutical industries, focusing on oncology treatment and innovative drug development. The Company has received supports from CSPC Pharmaceutical Group Limited (“CSPC”), a well-known pharmaceutical company in China in 2018. NBP Pharmaceuticals, a subsidiary of CSPC, reached an equity investment cooperation with YZY Biopharma. With the combined resource of CSPC, the Company’s R&D pipeline construction and clinical research will be improved, and a new situation in the field of tumor immunotherapy will be created.

Dr. Zhou Pengfei, the co-founder, chairman, executive director and CEO of YZY Biopharma said, “Today marked a milestone in YZY Biopharma’s development. YZY Biopharma’s successful debut in the Hong Kong stock market shows global investors’ profound recognition for our strategic model, growth potential, product pipeline and management team. We are so proud of it and would like to express our gratitude to investors for their trust in and support to YZY Biopharma. Looking forward, the Company will adhere to the mission of “discover and develop innovative drugs for the healthier lives of patients”, continue to accelerate the development of drug candidates for cancer treatment. At the same time, the Company will continue to expand its pipeline, enhance manufacturing capabilities and build its commercialization capabilities, and is committed to developing new therapeutic drugs for patients.”

YZY Biopharma’ listing ceremony in Hong Kong. 

About Wuhan YZY Biopharma Co., Ltd.

Wuhan YZY Biopharma Co., Ltd. is a biotechnology company dedicated to developing bispecific antibody (BsAb)-based therapies to treat cancer-associated complications, cancer and age-related ophthalmologic diseases. Since its establishment in 2010, YZY Biopharma has designed and developed seven product pipelines of drug candidates that have entered the clinical stage. The Company carefully selects potential targets for its BsAbs, and has adopted a differentiated clinical development strategy to maximize the clinical and commercial value of its drug candidates. Adhering to the mission of “discover and develop innovative drugs for the healthier lives of patients”, the Company has been deeply involved in the research and development of BsAb-based therapies for more than ten years, to treat cancer-associated complications, cancer and age-related ophthalmologic diseases.



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Syndesis Health and InSyBio Partner in Predictive Modelling and Biomarker Discovery

NEW YORK, NY / ACN Newswire / September 19, 2023 / InSyBio, a leading biotechnology company that has developed a suite of advanced AI tools for biomarker discovery in clinical and multi-omics data, has announced a strategic partnership with Syndesis Health, a leader in global real-world evidence. The partnership aims to leverage the clinical and genomic data on Syntium, Syndesis’ data platform of global healthcare data, to accelerate research and development in several therapeutic areas, including cardiovascular health, oncology, and rare diseases.

The importance of biomarkers

Biomarkers are body characteristics that can be measured, such as the biological molecules found in bodily fluids or tissues, including DNA, antibodies, proteins, or other smaller molecules. They are necessary to predict the effectiveness of drugs and patient outcomes; however, biomarker discovery is a very complex and costly process that often results in poor or inaccurate outcomes due to the use of disparate tools and datasets, and the high complexity of high-throughput -omics data.

InSyBio’s platform simplifies and accelerates the process of biomarker discovery by providing a single, highly accurate, and effective processing pipeline that uses machine learning to analyze biodata. Syntium’s longitudinal datasets, which include clinical, genomic, and other data, are ideal for applying InSyBio’s suite of tools in biomarker discovery. Combining Syntium data with InSyBio’s platform will create a unique opportunity for biopharma and diagnostic companies to uncover breakthrough discoveries with the potential to vastly improve global patient outcomes.

“Precision medicine is still in its infancy and many patients are misdiagnosed or do not get the most beneficial treatment for them. The wealth of Syntium’s data sets when harnessed by our automatic AI-driven technology holds the potential to upend the medical field practices, and highly impact overall healthcare quality at national and international levels. We are looking forward to working with the innovative team of Syndesis Health,” said Labros Digonis, InSyBio CEO.

“We are incredibly excited to embark on this partnership with InSyBio to enable biomarker discovery for cutting-edge healthcare innovation,” said Josh Sutton, Syndesis Health CEO. “Together we seek to raise the bar for global health research and innovation in service of patients worldwide.”

About Syndesis Health

Syndesis Health is the data and technology catalyst to a multi-continent network of healthcare and life sciences organizations. Its primary aim is to enhance global health outcomes and equity through its secure data platform, Syntium, and the Syndesis Health Network, a member community promoting research collaboration, information sharing, and access to common tools.

About InSyBio

InSyBio is an international pioneer biotechnology company revolutionizing the medical �eld through targeted biomarker discovery, highly accurate predictive analytics and the development of personalization tests for drugs. Its solutions provide the R&D departments of Pharma and Research Institutes with the means to meet their most challenging research and innovation goals. This is done through a sophisticated, software-as-a-service, machine learning platform, which comprehensively integrates multi-omics and clinical data, thus reducing the number of samples and additional validation experiments needed.

Contact Information

Leah Patterson 
Chief Marketing Officer 
leah.patterson@syndesis.com 
+1.646.274.1420

 



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CGFNS Appoints New Chief Technology Officer to Lead its Digital Transformation

PHILADELPHIA, PA, Sep 15, 2023 – (ACN Newswire) – Amid technological advances in the credentialing industry and a growing global focus on addressing health workforce deployment, CGFNS International announced today it has appointed a new Chief Technology Officer. Nish Jayamohan comes to CGFNS with nearly two decades of experience managing technology product and application development in the healthcare space.


Nish Jayamohan – Chief Technology Officer, CGFNS International


As CTO, Jayamohan will lead the organization's efforts to transform its technology platforms and processes with the goal of enhancing and streamlining customer experience, expanding its programs and building a new framework for credentials evaluation and verification and workforce development on a global scale.

"With his record of success in leading large-scale technology implementation projects, Nish is uniquely qualified to head up a digital transformation that will reshape and streamline our applicant user experience and overall customer service," said Peter Preziosi, CGFNS's President and CEO. "As a key innovator in our company leadership, he will be critical to meeting our objective of advancing both mobility and career development for nurses and other health professionals worldwide."

Jayamohan joins CGFNS after serving as Senior Director of Product Management, Software Engineering and Application Development for PharMerica, a national leader in pharmacy services that focuses on senior living communities, nursing facilities, public health organizations and post-acute care organizations. While there, he worked with corporate executive leadership to design and develop technology applications and enhancements to improve the company's customer service and operational processes. He previously served as a senior technical lead developing and managing software for Health Net, a large healthcare insurance provider.

"I am eager to help CGFNS deliver on its obligations to a critically important customer and client base, and particularly to use leading technologies to make its services and programs second to none. Health professionals who dream of migrating to care for patients and advance their careers deserve nothing less," said Jayamohan.

About CGFNS International, Inc.

Founded in 1977 and based in Philadelphia, CGFNS International is an immigration-neutral not-for-profit organization proudly serving as the world's largest credentials evaluation organization for the nursing and allied health professions. CGFNS International is an NGO in Consultative Status with the United Nations Economic and Social Council (ECOSOC) and is a member of the Conference of NGOs in Consultative Relationship with the United Nations (CoNGO). For more information, visit https://www.cgfns.org.

Contact Information
David St. John
dstjohn@cgfns.org

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Vegan Cats Challenge Carnivorous Expectations

WINCHESTER, ENGLAND, Sep 15, 2023 – (ACN Newswire) – Cats may not be quite as carnivorous as once thought. Whilst biologically carnivorous, cats are increasingly being fed vegan diets – and thriving! In fact, a ground-breaking new study has just found that cats are healthier, when fed vegan diets. The study, just published in leading scientific journal PLOS ONE, is the largest such study to date. It resulted from an international collaboration led by veterinary Professor Andrew Knight (UK) and co-authored by statisticians Dr Alexander Bauer (Germany) and Hazel Brown (UK). It studied 1,369 cats fed vegan or meat-based pet food, for at least one year. Cats fed vegan diets had better health outcomes for each of seven general health indicators studied.


Vegan cat health outcomes – Health outcomes in 1,369 cats fed vegan or meat-based diets for at least one year


Average cats fed vegan diets had a 15% lowered risk of needing medication, and were 7% less likely to visit vets more often, which could indicate illness. Forty two percent of cats fed meat suffered from at least one health disorder, whereas this fell to 37% amongst vegan cats. Of the 22 most common health disorders, 15 were most common in cats fed meat, and seven most common in those fed vegan diets. Although these reductions were not statistically significant, collectively they reveal a strong trend. They also translate into cost savings for pet guardians, which may be considerable over the lifetime of a cat, given the costs of illness and veterinary care. Vegan pet foods also offer significant environmental benefits.

Stated Andrew Knight, a Veterinary Professor of Animal Welfare and the study leader:
"For every single general health indicator studied, these cats had better health outcomes when fed vegan diets. This represents a strong and consistent trend. It indicates that pet food manufacturers are now designing and creating vegan pet foods to include all necessary nutrients, but with fewer of the dietary hazards that are prevalent within meat-based pet foods. Cats consuming vegan diets have better health outcomes, as a result."

These results concur with those of other, recent studies. In 2021, leading veterinary nutritionist Dr Sarah Dodd and colleagues published a study of 1,026 cats, of whom 187 were fed vegan diets. Cats fed vegan diets were more frequently reported by their guardians to be in very good health. They had more ideal body condition scores, and were less likely to suffer from gastrointestinal and liver disorders, than cats fed meat. No health disorders were more likely, for cats fed vegan diets. These studies are available via www.SustainablePetFood.info > health.

Prof. Knight stated:
"This offers exciting potential to improve not only feline health, but also to address the very significant environmental impacts of the livestock sector created through pet food production. However, to safeguard the health of our feline friends, it is important that pet guardians feed only commercial vegan pet foods labelled as nutritionally complete, produced by reputable companies with good standards."

www.sustainablepetfood.info
www.aknight.info/articles/pet-food
www.aknight.info/vids

Contact Information
Andrew Knight
Veterinary Professor of Animal Welfare
andrew.knight@winchester.ac.uk

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Focusing on the development of BsAbs in China, YZY Biopharma Announces Proposed Listing on the Main Board of SEHK

HONG KONG, Sep 13, 2023 – (ACN Newswire) – Wuhan YZY Biopharma Co., Ltd. ("YZY Biopharma" or the "Company", together with its subsidiaries, the "Group", stock code: 2496.HK), a biotechnology company dedicated to developing bispecific antibody (BsAb)-based therapies to treat cancer-associated complications, cancer and age-related ophthalmologic diseases, announced the proposed listing of its shares on the Main Board of The Stock Exchange of Hong Kong Limited ("SEHK") today.

YZY Biopharma plans to offer an aggregate of 11,001,200 H Shares under the Global Offering (subject to the Over-allotment Option), consisting of 9,901,000 International Offer Shares (subject to reallocation and the Over-allotment Option) and 1,100,200 Hong Kong Offer Shares (subject to reallocation), at a price range between HK$16 and HK$20 per H Share.

The Hong Kong public offering will open at 9:00 a.m. on Wednesday, September 13, 2023 and close at 12:00 noon on Monday, September 18, 2023 in Hong Kong. Dealings in shares on SEHK are expected to commence on Monday, September 25, 2023, with the stock code 2496.HK in board lots of 200 H Shares each.

China Securities (International) Corporate Finance Company Limited is the Sole Sponsor, Overall Coordinator, Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager.

A pipeline of drug candidates with market potential
As a biotechnology company dedicated to developing BsAb-based therapies, YZY Biopharma's core business model is to in-house discover, develop and commercialize BsAb-based therapies to treat cancer-associated complications, cancer and age-related ophthalmologic diseases. The Company carefully selects potential targets for its BsAbs, and has adopted a differentiated clinical development strategy to maximize the clinical and commercial value of its drug candidates. The Company has designed and developed a pipeline of seven clinical-stage drug candidates, including (i) Core Product M701, a recombinant BsAb that targets human epithelial cell adhesion molecule (EpCAM)-expressing cancer cells and human cluster of differentiation 3 (CD3)-expressing T cells. (ii) M802 and Y150, T cell-engaging BsAbs for cancer treatment, (iii) Y101D and Y332, tumor microenvironment (TME)-targeted BsAbs, and (iv) Y400, a targeted therapy for the treatment of age-related ophthalmologic diseases.

Focusing on the development of BsAbs in China
Since its establishment, YZY Biopharma focuses on the development of BsAbs in China. BsAb is an artificial protein that recognizes and specifically binds two antigens or epitopes. The advantages of BsAbs include the potential effects on various cancers, the application to retarget effector cells of the immune system and stimulate them through the interaction to achieve an efficient lysis of tumor cells. The applications and research of existing BsAbs are mainly focused on the field of oncology therapy, but also extend to other areas such as hemophilia and ophthalmology. At present, the Company has developed three T cell-engaging BsAbs, namely M701, M802 and Y150. T cell-engaging BsAb is a new class of therapeutic agents designed to simultaneously bind to T cells and tumor cells via tumor-cell specific antigens in immunotherapy. In addition, the Company is also focusing on the development of the TME-targeted BsAbs, including Y101D and Y332. The market size of the PRC oncology market has increased from approximately RMB157.5 billion in 2018 to approximately RMB233.6 billion in 2022, and is expected to reach approximately RMB586.6 billion in 2030. With the increasing trend of population aging and growing cancer incidences in China, it is expected that the clinical demands for effective oncology drugs will increase significantly.

Core product M701 helps improve the quality of life of advanced cancer patients
M701 (EpCAM x CD3 BsAb) – YZY Biopharma's core product, is a recombinant BsAb that targets human EpCAM-expressing cancer cells and human CD3-expressing T cells. The Company is developing M701 primarily for the treatment of malignant ascites (MA) and malignant pleural effusion (MPE), which are severe complications that typically occur in late-stage cancer patients who have widespread metastases to the pleura or peritoneum. It is expected that M701 monotherapy could be used in addition to paracentesis to control MA and MPE, with an aim to improve the effectiveness and reduce the side effects of frequent paracentesis. M701 now has been selected for the "National Major New Drug Innovation" program under the 12th Five-Year Plan, which the Company believes could be an advantage for its future inclusion into the National Reimbursement Drug List.

Technology platforms fueling the R&D of drug candidates
YZY Biopharma has successfully built four platforms, including the self-developed YBODY,
Check-BODY and Nano-YBODY(TM) platform, and the UVAX platform developed in collaboration with WIV. YZY Biopharma's core technology platforms enable to effectively select innovative targets, optimize molecule structure design and accelerate the drug development process. Leveraging the technologies of these platforms, YZY Biopharma is able to design and generate different antibody structures. As such, the Company can select targets and signaling pathways with clinical and commercial value and design and modify the structure of its BsAbs to bind such targets. Therefore, the Company is able to quickly expand its pipeline to include additional BsAbs that direct toward a wide range of targets and signaling pathways, optimize the use of resources and expertise, and achieve the maximized value of the Company's pipeline candidates.

A GMP-compliant CMC platform
The Company has established a GMP-compliant chemistry, manufacturing and control (CMC) platform to leverage its extensive experience in the CMC for BsAbs with various structures. The Company believes such platform will serve as a solid foundation for its large-scale commercial production in the future. CMC refers to activities to properly define methods for manufacturing processes, product characteristics and testing, product storage and release to clinical usage in order to ensure that a pharmaceutical product is safe, effective and consistent among different batches. Although the discovery and protein engineering techniques of BsAbs are now relatively advanced, the development of BsAbs still faces many challenges in the CMC compared to the development of typical mAb drugs, including low expression titer of the target BsAbs, more impurities to remove, less stability of the intermediates, and hurdles in process scale-up. Therefore, the execution of an appropriate CMC development strategy is vital to the success of the overall drug development program. Its CMC strategies include evaluating the stability of the candidate BsAb molecules at the early development stage, choosing the monoclonal cells with high titer and high purity for BsAb production, tailoring purification methods fit for the molecule characteristics, and using sustainable scale-up strategies for large-scale production.

Execution-driven management and R&D teams
The Company's core management team is composed of industry veterans with an average of more than ten years of experience and a track record of discovery, development and commercialization of innovative drugs. The co-founder, chairman and CEO of the Company, Dr. Zhou Pengfei, has over 33 years of extensive experience in the healthcare and pharmaceutical industries, focusing on oncology treatment and innovative drug development. In addition, the Company's department heads and other key technical personnel have served various roles in leading multinational pharmaceutical companies, having complementary experience covering various stages of the entire development lifecycle of drug products, including pre-clinical studies, clinical development, manufacturing and commercialization.

In 2018, NBP Pharmaceuticals, a subsidiary of CSPC Pharmaceutical Group Limited ("CSPC"), a well-known pharmaceutical company in China and YZY Biopharma, reached a equity investment cooperation. With the combined resource of CSPC, the Company's R&D pipeline construction and clinical research will be improved, and a new situation in the field of tumor immunotherapy will be created.

Looking forward, the Company will adhere to the mission of "discover and develop innovative drugs for the healthier lives of patients", continue to accelerate the development of drug candidates for cancer treatment and invest more resources in clinical development and preclinical studies of these drug candidates At the same time, the Company will continue to expand its pipeline through in-house R&D efforts and collaborations, continue to enhance manufacturing capabilities and build its commercialization capabilities, and is committed to developing new therapeutic drugs for Chinese patients.

About Wuhan YZY Biopharma Co., Ltd.
Wuhan YZY Biopharma Co., Ltd. is a biotechnology company dedicated to developing bispecific antibody (BsAb)-based therapies to treat cancer-associated complications, cancer and age-related ophthalmologic diseases. Since its establishment in 2010, YZY Biopharma has designed and developed seven product pipelines of drug candidates that have entered the clinical stage. The Company carefully selects potential targets for its BsAbs, and has adopted a differentiated clinical development strategy to maximize the clinical and commercial value of its drug candidates. Adhering to the mission of "discover and develop innovative drugs for the healthier lives of patients", the Company has been deeply involved in the research and development of BsAb-based therapies for more than ten years, to treat cancer-associated complications, cancer and age-related ophthalmologic diseases.


Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com