Eyes on Asia: TCGX, Biohaven, Roche
TCGX closed a $600M Asia Life Sciences Fund I, backed by institutional investors, to invest in biotech across Asia. Biohaven licensed its IgG degrader portfolio to Ono for $200M, including $80M upfront. Roche partnered with Defand Therapeutics to discover molecular glue degraders for cancer and immune diseases.
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