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ABVC BioPharma
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44370 Old Warm Springs Boulevard Fremont, California 94538
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ABVC would grant OncoX an exclusive global rights to develop and commercialize its oncology/hematology pipeline, including ABV-1519 for triple negative breast cancer, ABV-1501 for NSCLC, ABV-1702 for myelodysplastic syndrome and ABV-1703 for pancreatic cancer.


Lead Product(s): ABV-1519,Docetaxel

Therapeutic Area: Oncology Product Name: IND 129575

Highest Development Status: Phase I/ Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: OncoX BioPharma

Deal Size: $105.0 million Upfront Cash: $100.0 million

Deal Type: Licensing Agreement April 10, 2024

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Under the agreement, ForSeeCon gain access to ABVC's ophthalmology pipeline, which includes the medical device Vitargus (hyaluronic acid-derived therapy), the first biodegradable vitreous substitute to facilitate retinal reattachment surgery.


Lead Product(s): Hyaluronic Acid-derived Therapy

Therapeutic Area: Ophthalmology Product Name: Vitargus

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: ForSeeCon Eye Corporation

Deal Size: $93.5 million Upfront Cash: $33.5 million

Deal Type: Licensing Agreement March 26, 2024

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Under the agreement, ABVC out-licenses its CNS drugs with the indications of MDD (Major Depressive Disorder) and ADHD (Attention Deficit Hyperactivity Disorder), including ABV-1504, a botanical reuptake inhibitor for MDD.


Lead Product(s): ABV-1504

Therapeutic Area: Psychiatry/Psychology Product Name: ABV-1504

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: AiBtl BioPharma

Deal Size: $667.0 million Upfront Cash: $7.0 million

Deal Type: Licensing Agreement January 03, 2024

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Under the agreement, ABVC out-licenses its CNS drugs with the indications of MDD (Major Depressive Disorder) and ADHD (Attention Deficit Hyperactivity Disorder), including ABV-1504, a botanical reuptake inhibitor for MDD.


Lead Product(s): ABV-1504

Therapeutic Area: Psychiatry/Psychology Product Name: ABV-1504

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: AiBtl BioPharma

Deal Size: $667.0 million Upfront Cash: $7.0 million

Deal Type: Licensing Agreement November 16, 2023

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Under the agreement, ABVC licenses its CNS drugs, ABV-1504 and ABV-1505 with the indications of Major Depressive Disorder and Attention Deficit Hyperactivity Disorder, respectively, to AiBtl BioPharma.


Lead Product(s): Radix Polygalae Extract

Therapeutic Area: Psychiatry/Psychology Product Name: ABV-1504

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: AiBtl BioPharma

Deal Size: $207.0 million Upfront Cash: $7.0 million

Deal Type: Licensing Agreement October 26, 2023

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ABV-1505 (PDC-1421) is a norepinephrine transporter (NET) inhibitor indicated for attention deficit hyperactivity disorder (ADHD). It has demonstrating a highly significant 13.2-point reduction in depression as compared to a 9.2-point reduction for the placebo group.


Lead Product(s): Radix Polygalae Extract

Therapeutic Area: Psychiatry/Psychology Product Name: PDC-1421

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable October 17, 2023

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PDC-1421 (radix polygalae extract) is a norepinephrine transporter (NET) inhibitor indicated for attention deficit hyperactivity disorder (ADHD). It has demonstrating a highly significant 13.2-point reduction in depression as compared to a 9.2-point reduction for the placebo group.


Lead Product(s): Radix Polygalae Extract

Therapeutic Area: Psychiatry/Psychology Product Name: PDC-1421

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable August 23, 2023

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Under the agreement, ABVC gains exclusive licensing of ABV-1504 for Major Depressive Disorder (MDD) and ABV-1505 for Attention-Deficit/Hyperactivity Disorder in mainland China.


Lead Product(s): ABV-1504

Therapeutic Area: Psychiatry/Psychology Product Name: ABV-1504

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Xinnovation Therapeutics

Deal Size: $20.0 million Upfront Cash: Undisclosed

Deal Type: Licensing Agreement August 01, 2023

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The Company intends to use the net proceeds on research and development of their programs, including ABV-1501, a polysaccharide extract from Grifola frondosa Maitake mushroom, which exhibits immune-modulation effects in peripheral blood in breast cancer patients.


Lead Product(s): Grifola frondosa Maitake Mushroom Extract

Therapeutic Area: Oncology Product Name: ABV-1501

Highest Development Status: Phase I/ Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Wilmington Capital Securities

Deal Size: $1.7 million Upfront Cash: Undisclosed

Deal Type: Public Offering July 27, 2023

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PDC-1421 (radix polygalae extract) is a drug product of ABV-1504, it is a botanical-based Norepinephrine Transporter (NET) inhibitor, it is being indicated for treatment of Attention-deficit/hyperactivity disorder.


Lead Product(s): Radix Polygalae Extract

Therapeutic Area: Psychiatry/Psychology Product Name: PDC-1421

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: BioLite

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable June 12, 2023

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