
Investments
7Portfolio Exits
2Partners & Customers
10
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Latest Hanmi Pharmaceutical News
Sep 22, 2023
Disclosures: Loomba reports financial relationships with 89bio, Aardvark Therapeutics, Allergan, Altimmune, Amgen Inc., Anylam/Regeneron, Arrowhead Pharmaceuticals, AstraZeneca, Boehringer-Ingelheim, Bristol-Myers Squibb, CohBar, Eli Lilly, Galectin, Galmed Pharmaceuticals, Genfit, Gilead Sciences, Glympse bio, Hanmi Pharmaceutical, Hightide, Inipharm, Intercept Pharmaceuticals, Inventica, Ionis Pharmaceuticals, Janssen Pharmaceuticals, Kowa Company LTD., Liponexus, Madrigal Pharmaceuticals, Merck, Metacrine Inc., NGM Biopharmaceuticals, Novartis, Novo Nordisk, P30DK120515, Pfizer, Sagiment Biosciences, Sonic Incytes, Terns Pharmaceuticals, Theratechnologies Inc. and Viking Therapeutics. Please see the study for all other authors’ relevant financial disclosures. ADD TOPIC TO EMAIL ALERTS Receive an email when new articles are posted on Please provide your email address to receive an email when new articles are posted on . Please try again later. If you continue to have this issue please contact customerservice@slackinc.com . Back to Healio Key takeaways: Improvement in fibrosis occurred in up to 27% of patients treated with pegozafermin vs. 7% on placebo. Nonalcoholic steatohepatitis resolved in up to 37% of patients treated with pegozafermin vs. 2% on placebo. Subcutaneous pegozafermin at weekly and biweekly doses improved fibrosis at 24 weeks vs. placebo among patients with biopsy-confirmed nonalcoholic steatohepatitis, supporting the therapy’s advancement to phase 3 development, data showed. “Pegozafermin, a long-acting glycopegylated recombinant fibroblast growth factor 21 analogue, is being developed for the treatment of NASH and severe hypertriglyceridemia,” Rohit Loomba, MD, MHSc, director of the NAFLD Research Center at the University of California, San Diego, and colleagues wrote in The New England Journal of Medicine. “A phase 1b-2a study involving patients with NASH did not show safety concerns and suggested that pegozafermin therapy may improve hepatic steatosis, markers of inflammation and fibrosis, circulating lipid levels and glycemic control.” In a phase 2b, randomized, double-blind, placebo-controlled trial at 61 U.S. sites, researchers enrolled 222 patients (mean age, 55.6 years; 39% men) with noncirrhotic, biopsy-confirmed NASH and moderate to severe fibrosis. Participants received subcutaneous pegozafermin 15 mg (n = 21) or 30 mg (n = 73) weekly, pegozafermin 44 mg (n = 57) biweekly or placebo (n = 71) for 24 weeks. Studied outcomes included improvement in fibrosis of at least one stage with no worsening of NASH, NASH resolution without worsening of fibrosis and safety of pegozafermin. At 24 weeks, 7% of patients in the placebo group had improved fibrosis compared with 22% in the pegozafermin 15 mg group (14 percentage points difference; 95% CI, –9 to 38), 26% in the 30 mg group (19 percentage points difference; 95% CI, 5-32) and 27% in the 44 mg group (20 percentage points difference; 95% CI, 5-35). Researchers also reported NASH resolution without worsening of fibrosis among 37% of patients in the 15 mg group (35 percentage points difference; 95% CI, 10-59), 23% in the 30 mg group (21 percentage points difference; 95% CI, 9-33) and 26% in the 44 mg group (24 percentage points difference; 95% CI, 10-37), compared with 2% in the placebo group. Further, results showed a drop in nonalcoholic fatty liver disease activity score of at least 2 points without worsening of fibrosis among 37%, 65% and 62% of patients in the 15 mg, 30 mg and 44 mg groups, respectively, vs. 24% in the placebo group, as well as at least a 50% reduction in liver fat among 63% in the 30 mg group and 58% in the 44 mg group vs. 12% on placebo. The most common adverse events associated with treatment were nausea and diarrhea. “In this phase 2b trial, pegozafermin treatment for 24 weeks led to improvements in fibrosis with both weekly and every 2-week administration in patients with biopsy-confirmed NASH,” Loomba and colleagues concluded. “A potential for administration once every 2 weeks may increase patient convenience and adherence to treatment.” They continued: “Results of this trial may be informative for guiding dose selection for larger and longer phase 3 trials involving patients with NASH.” Read more about
Hanmi Pharmaceutical Investments
7 Investments
Hanmi Pharmaceutical has made 7 investments. Their latest investment was in Aptose Biosciences as part of their Corporate Minority - P2P on September 9, 2023.

Hanmi Pharmaceutical Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
9/6/2023 | Corporate Minority - P2P | Aptose Biosciences | $3M | Yes | 2 | |
6/17/2022 | Corporate Minority | |||||
1/4/2022 | Corporate Minority - P2P | |||||
9/7/2018 | Seed | |||||
3/29/2016 | Seed VC - II |
Date | 9/6/2023 | 6/17/2022 | 1/4/2022 | 9/7/2018 | 3/29/2016 |
---|---|---|---|---|---|
Round | Corporate Minority - P2P | Corporate Minority | Corporate Minority - P2P | Seed | Seed VC - II |
Company | Aptose Biosciences | ||||
Amount | $3M | ||||
New? | Yes | ||||
Co-Investors | |||||
Sources | 2 |
Hanmi Pharmaceutical Portfolio Exits
2 Portfolio Exits
Hanmi Pharmaceutical has 2 portfolio exits. Their latest portfolio exit was Spectrum Pharmaceuticals on April 25, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
4/25/2023 | Acq - P2P - II | 3 | |||
Date | 4/25/2023 | |
---|---|---|
Exit | Acq - P2P - II | |
Companies | ||
Valuation | ||
Acquirer | ||
Sources | 3 |
Hanmi Pharmaceutical Acquisitions
1 Acquisition
Hanmi Pharmaceutical acquired 1 company. Their latest acquisition was Hanmi Healthcare on August 24, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
8/24/2022 | Merger | 1 |
Date | 8/24/2022 |
---|---|
Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Merger |
Sources | 1 |
Hanmi Pharmaceutical Partners & Customers
10 Partners and customers
Hanmi Pharmaceutical has 10 strategic partners and customers. Hanmi Pharmaceutical recently partnered with Spectrum on May 5, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
5/27/2022 | Partner | United States | Hanmi takes over Spectrum to step up advances in global markets Hanmi Pharmaceutical signed a technology transfer contract with Spectrum , a treatment for neutropenia that uses LAPSCOVERY based on the development of long-acting biologics , in 2012 . | 1 | |
3/22/2022 | Licensee | United States | Omnicell Agree Product Distributor Agreement with Hanmi Pharm The Hanmi Pharm distributor agreement is expected to expand Omnicell Limited 's existing automated medication adherence solutions , while making it more accessible to different users by providing more choice and , importantly , a wider budget range . | 1 | |
1/4/2022 | Partner | United States | AffaMed, Hanmi enter agreement for risuteganib in Greater China AffaMed Therapeutics and Hanmi Pharmaceutical have entered into a licensing agreement granting AffaMed Therapeutics exclusive rights to develop and commercialize risuteganib in Greater China , according to a press release . | 1 | |
11/5/2021 | Licensee | ||||
11/4/2021 | Licensee |
Date | 5/27/2022 | 3/22/2022 | 1/4/2022 | 11/5/2021 | 11/4/2021 |
---|---|---|---|---|---|
Type | Partner | Licensee | Partner | Licensee | Licensee |
Business Partner | |||||
Country | United States | United States | United States | ||
News Snippet | Hanmi takes over Spectrum to step up advances in global markets Hanmi Pharmaceutical signed a technology transfer contract with Spectrum , a treatment for neutropenia that uses LAPSCOVERY based on the development of long-acting biologics , in 2012 . | Omnicell Agree Product Distributor Agreement with Hanmi Pharm The Hanmi Pharm distributor agreement is expected to expand Omnicell Limited 's existing automated medication adherence solutions , while making it more accessible to different users by providing more choice and , importantly , a wider budget range . | AffaMed, Hanmi enter agreement for risuteganib in Greater China AffaMed Therapeutics and Hanmi Pharmaceutical have entered into a licensing agreement granting AffaMed Therapeutics exclusive rights to develop and commercialize risuteganib in Greater China , according to a press release . | ||
Sources | 1 | 1 | 1 |
Hanmi Pharmaceutical Team
1 Team Member
Hanmi Pharmaceutical has 1 team member, including former Senior Director, Inhwan Bae.
Name | Work History | Title | Status |
---|---|---|---|
Inhwan Bae | JW Pharmaceutical | Senior Director | Former |
Name | Inhwan Bae |
---|---|
Work History | JW Pharmaceutical |
Title | Senior Director |
Status | Former |