• About
  • Advertise
  • Privacy & Policy
  • Contact
HK Businesswire
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World

    Stocks fall ahead of US jobs data, oil prices rise

    Seaspan Becomes First International Ship Owner and Operator to Access China’s Panda Bond Market

    Seaspan Becomes First International Ship Owner and Operator to Access China’s Panda Bond Market

    Metalpha Reports Breakthrough in Total Assets for FY2026 Amidst Market Volatility

    FP Markets Analysis: Japanese Yen at a Crossroads as Markets Weigh Next Move

    FP Markets Analysis: Japanese Yen at a Crossroads as Markets Weigh Next Move

    /C O R R E C T I O N — Elong Power Holding Limited/

    Global Times: SAIC-GM’s 20-year renewal highlights China’s key role in auto innovation and global growth

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    HKT Posts 4% Profit Rise Amid Steady Local Recovery and AI-Driven Demand

    Alipay Launches AI-Powered Version ‘Abao’ to Streamline Services

    Xiaohongshu Prepares Confidential Hong Kong IPO Filing

    SpaceX Raises $75 Billion in Historic IPO Amid $350 Billion Investor Demand

    Chinese firms double down on tech: Xiaomi, Haier

    Xiaomi Launches MiMo Code AI Programming Assistant to Enter Coding Agent Market

    Apple Unveils Overhauled Siri AI and Major OS Updates at WWDC 2026

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World

    Stocks fall ahead of US jobs data, oil prices rise

    Seaspan Becomes First International Ship Owner and Operator to Access China’s Panda Bond Market

    Seaspan Becomes First International Ship Owner and Operator to Access China’s Panda Bond Market

    Metalpha Reports Breakthrough in Total Assets for FY2026 Amidst Market Volatility

    FP Markets Analysis: Japanese Yen at a Crossroads as Markets Weigh Next Move

    FP Markets Analysis: Japanese Yen at a Crossroads as Markets Weigh Next Move

    /C O R R E C T I O N — Elong Power Holding Limited/

    Global Times: SAIC-GM’s 20-year renewal highlights China’s key role in auto innovation and global growth

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    HKT Posts 4% Profit Rise Amid Steady Local Recovery and AI-Driven Demand

    Alipay Launches AI-Powered Version ‘Abao’ to Streamline Services

    Xiaohongshu Prepares Confidential Hong Kong IPO Filing

    SpaceX Raises $75 Billion in Historic IPO Amid $350 Billion Investor Demand

    Chinese firms double down on tech: Xiaomi, Haier

    Xiaomi Launches MiMo Code AI Programming Assistant to Enter Coding Agent Market

    Apple Unveils Overhauled Siri AI and Major OS Updates at WWDC 2026

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
HK Businesswire
No Result
View All Result
Home News PR Newswire

IASO Bio Receives Orphan Drug Designation from the Ministry of Food and Drug Safety of South Korea for Equecabtagene Autoleucel

PR Newswire by PR Newswire
9 July 2025
in PR Newswire
0
WuXi Biologics Recognized by CDP for Climate Change Leadership for Second Consecutive Year
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

SHANGHAI, NANJING, China and SAN FRANCISCO, July 9, 2025 /PRNewswire/ — IASO Biotherapeutics (“IASO Bio”), a biopharmaceutical company focused on the discovery, development, manufacturing, and commercialization of innovative cell therapies and biologics, today announced that its self-developed anti-BCMA CAR-T cell therapy product, Equecabtagene Autoleucel (Fucaso), has been granted Orphan Drug Designation (ODD) by the Ministry of Food and Drug Safety (MFDS) of South Korea for the treatment of adult patients with relapsed or refractory multiple myeloma (R/R MM) who have received at least three prior lines of therapy, including a proteasome inhibitor and an immunomodulatory agent.

Currently, the Korean MFDS adopts a dual standard for orphan drug designation: 1. Drugs used for diseases with a domestic patient population (prevalence) of 20,000 or fewer; 2. Drugs used for diseases for which appropriate treatment methods or drugs have not been developed, or drugs that demonstrate significantly improved safety or efficacy compared to existing alternative drugs. For orphan drugs that are “available abroad but not domestically”, South Korea has policies to facilitate their import*. Following ODD, the registration and approval process of Equecabtagene Autoleucel Injection in South Korea is expected to be accelerated, potentially enabling earlier access for local patients.

Ms. Jinhua Zhang, Founder, Chairwoman, and CEO of IASO Biotherapeutics, stated:

“The Orphan Drug Designation granted to Equecabtagene Autoleucel Injection in South Korea marks another significant international regulatory milestone for the product, following its ODD approval in Saudi Arabia in May. This Designation is expected to accelerate patient access to this CAR-T therapy in South Korea. IASO Bio is implementing its global registration strategy of ‘parallel multi-country submissions with regional synergy’to obtain approvals for this innovative cell therapy in additional countries and regions, ultimately extending its benefits to a wider patient population.”

*Research on the supply guarantee system of orphan drugs in South Korea from the perspective of accessibility and its enlightenment. YANG Yifan, XlE Jinping, WENG Tingting, YAN Liyu, SHAO Rong (Research Center of National Drug Policy&Ecosystem , China Pharmaceutical University , Nanjing 211198, China)

About Multiple Myeloma(MM)

Multiple myeloma (MM) is the second most common hematological malignancy globally. According to Globocan data, the global incidence of multiple myeloma in 2022 was 1.8 per 100,000 people, with a 5-year prevalence of 6.8 per 100,000. Despite progress in current anti-myeloma treatments, MM remains largely incurable with multiple relapses and tendency to develop refractoriness to several drug classes, presenting a major therapeutic challenge. Thus, there is an unmet need for new treatment options beyond these current anti-myeloma therapies for the treatment of relapsed or refractory MM, capable of achieving deep and durable responses.

About Equecabtagene Autoleucel(Fucaso) 

Equecabtagene Autoleucel(Fucaso) is an innovative fully human anti-BCMA CAR-T cell therapy which uses lentivirus as a gene vector to transfect autologous T cells. The CAR contains a fully human scFv, CD8a hinge and transmembrane domain, and 4-1BB co-stimulatory molecule and CD3ζactivation domains. Based on rigorous molecular structure screening and comprehensive in vitro and in vivo functional evaluations, Fucaso demonstrates rapid and potent efficacy, accompanied by exceptional long-term persistence in vivo, enabling patients to achieve deep and durable remission,providing continuous protection and care for patients with multiple myeloma.

About IASO Bio

IASO Bio is a biopharmaceutical company focused on the discovery and development of innovative cell therapies and biologics for oncology and autoimmune diseases. IASO Bio possesses comprehensive capabilities spanning the entire drug development process, from early discovery to clinical development, regulatory approval, and commercialization.

Its pipeline includes a diversified portfolio of over 10 novel products, including Equecabtagene Autoleucel (a fully human BCMA CAR-T injection). Equecabtagene Autoleucel received Biologics License Application (BLA) approval from China’s National Medical Products Administration (NMPA) in June 2023and U.S. FDA IND approval for the treatment of R/RMM in December 2022.

Leveraging its strong management team, innovative product pipeline, as well as integrated and high quality manufactural and clinical capabilities, IASO aims to deliver transformative, curable, and affordable therapies that fulfil unmet medical needs to patients in China and around the world. For more information, please visit http://www.iasobio.com or www.linkedin.com/company/iasobiotherapeutics.

Tags: prnewswire
PR Newswire

PR Newswire

PR Newswire is the industry’s leading press release distribution partner with an unparalleled global reach of more than 440,000 newsrooms, websites, direct feeds, journalists and influencers and is available in more than 170 countries and 40 languages. From our award-winning Content Services offerings, integrated media newsroom and microsite products, Investor Relations suite of services, paid placement and social sharing tools, PR Newswire has a comprehensive catalog of solutions to solve the modern-day challenges PR and communications teams face. For 70 years, PR Newswire has been the preferred destination for brands to share their most important news stories across the world.

Read More

LIGHTALL Expands Global LED Display Footprint with One-Stop Solutions and Project Delivery Capabilities

LIGHTALL Expands Global LED Display Footprint with One-Stop Solutions and Project Delivery Capabilities

10 August 2026
Hyosung rides the AI wave as Chairman Hyun-Joon Cho’s proactive investments yield improved affiliate performance

Hyosung rides the AI wave as Chairman Hyun-Joon Cho’s proactive investments yield improved affiliate performance

10 August 2026
  • Trending
  • Comments
  • Latest
EV, gas station site put up for sale

EV, gas station site put up for sale

31 July 2026
Elite Robots Collaborates with Generalist AI on Next-Gen Embodied AI

Elite Robots Collaborates with Generalist AI on Next-Gen Embodied AI

21 July 2026
Patriot Memory Announces Viper Steel 5 Infinite DDR5 Memory with Patent-Pending Infinite Mirror Optical Design and Speeds up to 8000MT/s

Patriot Memory Announces Viper Steel 5 Infinite DDR5 Memory with Patent-Pending Infinite Mirror Optical Design and Speeds up to 8000MT/s

22 July 2026
Enzene Launches NeX™, a Comprehensive Suite of Solutionsto Enable Cost-Efficient, High-Yielding Local Biomanufacturing

Enzene Launches NeX™, a Comprehensive Suite of Solutionsto Enable Cost-Efficient, High-Yielding Local Biomanufacturing

3 August 2026

Stocks fall ahead of US jobs data, oil prices rise

6 August 2026
Seaspan Becomes First International Ship Owner and Operator to Access China’s Panda Bond Market

Seaspan Becomes First International Ship Owner and Operator to Access China’s Panda Bond Market

6 August 2026

Metalpha Reports Breakthrough in Total Assets for FY2026 Amidst Market Volatility

6 August 2026
FP Markets Analysis: Japanese Yen at a Crossroads as Markets Weigh Next Move

FP Markets Analysis: Japanese Yen at a Crossroads as Markets Weigh Next Move

6 August 2026

Recent News

Stocks fall ahead of US jobs data, oil prices rise

6 August 2026
Seaspan Becomes First International Ship Owner and Operator to Access China’s Panda Bond Market

Seaspan Becomes First International Ship Owner and Operator to Access China’s Panda Bond Market

6 August 2026

Metalpha Reports Breakthrough in Total Assets for FY2026 Amidst Market Volatility

6 August 2026
FP Markets Analysis: Japanese Yen at a Crossroads as Markets Weigh Next Move

FP Markets Analysis: Japanese Yen at a Crossroads as Markets Weigh Next Move

6 August 2026
HK Businesswire

Stay ahead with the latest insights on Hong Kong’s economy, finance, and investments. From market trends to policy updates, we bring you in-depth analysis and expert opinions.

📩 Subscribe to our newsletter for exclusive updates.
📍 Follow us on social media for real-time news.
📧 Contact us: info@hongkong-invest.com

Follow Us

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 by HKBusinesswire.com

No Result
View All Result

© 2025 by HKBusinesswire.com