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PharmAbcine
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South Korea
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2F, Research Building 2, 70, Yuseong-daero 1689 beon-gil, Yuseong-gu, Daejeon, 34047
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PMC-403 is an antibody therapeutic candidate with a novel mechanism of action in which it activates the TIE2 receptor and normalizes the leaky pathological blood vessels, which is investigated for the treatment of Neovascular Age-related Macular Degeneration.


Lead Product(s): PMC-403

Therapeutic Area: Ophthalmology Product Name: PMC-403

Highest Development Status: Phase IProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable November 09, 2023

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PharmAbcine Receives IND Approval from the Korean MFDS for Phase I Clinical Trial of Its Novel TIE2 Agonistic Antibody in nAMD

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PMC-403 is a first-in-class antibody that activates TIE2, a receptor specifically expressed in vascular endothelial cells. Once the molecule binds to the receptors, it promotes the normalization and stabilization of pathologically leaky blood vessels.


Lead Product(s): PMC-403

Therapeutic Area: Ophthalmology Product Name: PMC-403

Highest Development Status: IND EnablingProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable May 23, 2023

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PMC-309 is a novel IgG1 anti-VISTA antagonizing antibody that can be used for the treatment of various tumor types. By inhibiting VISTA, it can play a pivotal role in maintaining the immunosuppressive environment around the tumor cells.


Lead Product(s): PMC-309,Pembrolizumab

Therapeutic Area: Oncology Product Name: PMC-309

Highest Development Status: PreclinicalProduct Type: Large molecule

Partner/Sponsor/Collaborator: MSD Pharmaceuticals

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Collaboration December 12, 2022

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Olinvacimab (TTAC-0001), an anti-VEGFR2 (Vascular Endothelial Growth Factor Receptor 2) fully human antibody, is in clinical stage for mTNBC and rGBM. It has an ongoing Phase II olinvacimab and pembrolizumab combo study for the treatment of mTNBC in Australia.


Lead Product(s): Olinvacimab,Pembrolizumab

Therapeutic Area: Oncology Product Name: TTAC-0001

Highest Development Status: Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 26, 2022

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Under the agreement, both companies will collaborate to develop next-generation mRNA-based antibody therapeutics by utilizing the proprietary mRNA platform from RNAGENE.


Lead Product(s): mRNA-based Antibody

Therapeutic Area: Oncology Product Name: Undisclosed

Highest Development Status: DiscoveryProduct Type: Large molecule

Partner/Sponsor/Collaborator: RNAGENE Inc.

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Collaboration March 21, 2022

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Under the agreement, both companies will conduct collaborative research utilizing NuclixBio's proprietary circular mRNA platform named 'ringRNA™' to develop novel mRNA therapeutics that can generate PharmAbcine's antibodies.


Lead Product(s): mRNA-based Therapeutic

Therapeutic Area: Oncology Product Name: Undisclosed

Highest Development Status: DiscoveryProduct Type: Large molecule

Partner/Sponsor/Collaborator: NuclixBio Inc.

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Collaboration March 14, 2022

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PharmAbcine and MSD decided to enter this collaboration based on the promising clinical data obtained from the Phase Ib olinvacimab and pembrolizumab study in mTNBC which is still ongoing in Australia.


Lead Product(s): Olinvacimab,Pembrolizumab

Therapeutic Area: Oncology Product Name: TTAC-0001

Highest Development Status: Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 03, 2021

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This unique mechanism allows PMC-403 to be a potent therapeutic drug for pathological vessel-related diseases in both ocular and non-ocular areas.


Lead Product(s): PMC-403

Therapeutic Area: Ophthalmology Product Name: PMC-403

Highest Development Status: PreclinicalProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable July 26, 2021

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Olinvacimab, an anti-VEGFR2 (Vascular Endothelial Growth Factor Receptors-2) molecule, is the company's lead asset. The molecule is currently undergoing multiple global clinical trials.


Lead Product(s): Olinvacimab,Pembrolizumab

Therapeutic Area: Oncology Product Name: TTAC-0001

Highest Development Status: Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Merck & Co

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable June 02, 2021

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The phase II clinical trial will enroll immuno-oncology drug naïve mTNBC patients regardless of their PD-L1 expression level to check the efficacy, safety, pharmacodynamics, and expression of VEGFR-2 and PD-L1 after giving 16mg/kg of olinvacimab and 200mg of pembrolizumab.


Lead Product(s): Olinvacimab,Pembrolizumab

Therapeutic Area: Oncology Product Name: TTAC-0001

Highest Development Status: Phase IProduct Type: Large molecule

Recipient: Merck & Co

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Collaboration April 19, 2021

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