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Darnatein, a subsidiary of OSR Holdings (NASDAQ: OSRH), has secured a patent in China for its innovative protein-based osteoarthritis treatment technology. The patent covers their lead drug candidate DRT-101, which utilizes AI-enhanced protein structure generation to create a novel chimeric protein combining BMP7 and Activin proteins.
The technology has shown enhanced therapeutic efficacy and safety in studies conducted at UC San Diego between 2020-2024. This marks Darnatein's first international patent following their South Korean registration, with pending applications in the EU and US through the PCT route.
The global osteoarthritis treatment market, valued at $8.9 billion in 2023, is projected to reach $16.1 billion by 2032, growing at 7% annually. Darnatein aims to initiate Phase 1 clinical trials for DRT-101 later this year, targeting disease modification rather than just symptom management in osteoarthritis treatment.
OSR Holdings (NASDAQ: OSRH) has entered into a significant $80 million Common Stock Purchase Agreement with White Lion GBM Innovation Fund. The agreement gives OSR the right, but not the obligation, to sell common stock to Innovation Fund over time, aimed at funding their glioblastoma therapy development.
The company's key focus includes advancing Vaximm, a Swiss-based biotech developing a novel GBM vaccine (VXM01) for glioblastoma treatment. This strategic partnership connects OSR with Innovate GBM's ecosystem, a 501(c)(3) nonprofit that unites scientists, clinicians, investors, and patient advocates to streamline collaboration in glioblastoma R&D.
The collaboration is expected to accelerate OSR's Vaximm immunotherapy platform development while leveraging Innovate GBM's network of researchers, regulatory experts, and policymakers to enhance innovation in glioblastoma treatment.
Vaximm AG, an OSR Holdings subsidiary, has announced final data from its Phase 2a clinical trial evaluating VXM01 in combination with avelumab for recurrent glioblastoma (GBM) treatment. The trial demonstrated:
- Good safety profile with mostly mild to moderate events
- 12.0% objective response rate in non-resected patients
- Median overall survival of 11.1 months
- Median time to progression of 2.7 months
The study (n=25) showed promising results compared to typical GBM prognosis. No serious adverse events were attributed to VXM01, while 81.8% were related to the disease itself. In resected patients, overall survival ranged from 2.2 to 46.5 months. The trial identified potential biomarkers for VXM01-mediated tumor response, supporting further investigation of the treatment combination.
OSR Holdings (NASDAQ: OSRH) has appointed Dr. Constance Höfer as its new Chief Scientific Officer (CSO). Dr. Höfer brings over 20 years of experience in drug development, specializing in oncology and immunology. She previously held leadership positions at Merck Healthcare, where she led global programs from preclinical to late-stage clinical development.
Dr. Höfer's extensive background includes senior roles at Sandoz Biopharmaceuticals, Priaxon AG, and Medigene AG, where she advanced therapeutic programs across various modalities including NBEs, NCEs, nucleotides, and viral and cell-based therapies. She holds a PhD in Pharmacology from the University of Newcastle and has expertise in clinical pharmacology and translational medicine.
The appointment aims to strengthen OSR Holdings' R&D capabilities and accelerate the development of breakthrough therapies. Dr. Höfer will oversee the company's scientific strategy, innovation pipeline, and focus on expanding its footprint in oncology and immunology.