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MUST Launches New Generation of Energy Storage Product Matrix: Multi-Machine Parallel and Intelligent Management Drive Global Residential Energy Storage Upgrade

SHENZHEN, China, March 3, 2025 /PRNewswire/ — MUST, a leading solar storage solutions company, announces the launch of a new energy storage product matrix in Pakistan and Latin America. With modular expansion and intelligent interconnection at the core, these products address power outages, high electricity bills, and complex maintenance.

Modular Energy, Intelligent Connect: End Power Shortages and High Costs with Effortless Scalability.
Modular Energy, Intelligent Connect: End Power Shortages and High Costs with Effortless Scalability.

PV1900 EXP Inverter (4-12kVA)

  • Solar Direct Supply:
    Operates without batteries, using solar power directly.
  • Multi-Machine Parallel:
    Up to 9 units can be paralleled(108kVA).
  • Dual MPPT:
    Wide voltage range (150-450V) for complex rooftop setups.
  • Smart Maintenance:
    Real-time monitoring via WiFi or USB.
  • Market Fit:
    Ideal for South Asia, Middle East, and Africa, where daily power outages are common.

PH1100 US Hybrid Inverter (5-8kVA)

  • Massive Parallel Capability:
    Up to 16 units (128kVA) for commercial use.
  • Time-of-Use Pricing:
    Pre-set 6 time periods to optimize peak/off-peak electricity costs.
  • Diesel Hybrid Control:
    Smart generator switching.
  • Remote Management:
    Via WiFi and mobile app.
  • Target Markets:
    High electricity price countries like Brazil and Mexico.

PV3900 TLV Off-grid Inverter (8-12kVA)

  • Super Charging:
    200A MPPT for fast battery charging (6 hours).
  • Offline Alerts:
    Dry contact triggers for generators or alarms.
  • Value Scenario:
    Farms and hotels in high solar irradiation areas like Chile and Peru.

LP1600 Lithium Battery (2.56-15.36kWh)

  • Flexible Expansion:
    Up to 15 units (230kWh).
  • WiFi BMS:
    Remote monitoring of SOC/SOH with mobile notifications.
  • Low-Temperature Operation:
    Suitable for cold regions like the Andes.
  • Universal Compatibility:
    Compatible with all MUST inverters and other mainstream brands on the market.

ESG-60 Commercial & Industrial Integrated Machine (20-50kW)

  • Pre-Integrated Safety:
    Includes battery racks,fire protection,and PCS.
  • Smart Cluster Control:
    Up to 360kWh parallel expansion.
  • Core Scenario:
    High-energy-consuming industries like textile factories and mines in Pakistan and Nigeria.

Global Certifications:

PV series meets CE EMC/LVD, EN 62109 standards; ESG-60 passes UL 1973.

Localized Support (Overseas offices established):

Europe: Poland
Africa: South Africa, Nigeria
Americas: Panama, Brazil, Colombia
Asia: UAE

Starting February 28, available on MUST’s website, Alibaba, and Amazon.
For more information, please visit: https://www.mustenergy.com/  

About MUST

Since 1998, MUST has been a trusted provider of portable power stations, LiFePO4 batteries, inverters, and solar controllers. With over 650 employees and 150 global distributors, MUST generated over USD 150 million in revenue last year, maintaining long-term partnerships to deliver reliable solutions.

Contact: 
Global Marketing Department
E-Mail: sns@mustenergy.com (Miss Cecilia)

Agoda Highlights 7 Destinations for Adrenaline-Pumping Getaways

SINGAPORE, March 3, 2025 /PRNewswire/ — Ahead of International Outdoor Sports Day next month on April 6, digital travel platform Agoda showcases seven exhilarating destinations across Asia Pacific that promise memories to last a lifetime for adventure enthusiasts.

According to Agoda’s 2025 Travel Trends Survey, adventure travel has emerged as a key motivator for travelers, ranking among the top five reasons people plan to explore the world this year.

Andrew Smith, Senior Vice President, Supply at Agoda said: “Adventure is a big part of travel, and Agoda aims to connect people with exciting destinations in Asia Pacific that offer remarkable experiences. With Agoda, travelers can easily book accommodations, flights, and activities all in one place, enjoying great deals that make every adventure both exciting and affordable.”

The destinations highlighted by Agoda offer something for every type of adventure traveler, from scuba diving in Indonesia’s stunning Coral Triangle, where marine life bursts into a dazzling array of colors, to skydiving over New Zealand’s breathtaking landscapes, where adventurers freefall against a backdrop of majestic mountains and pristine lakes.

Surfing – Australia

Australia’s Gold Coast and Byron Bay are iconic surfing destinations, attracting wave riders from around the globe. With consistent swells and beautiful beaches, Australia’s coastlines are a surfer’s dream.

Scuba Diving – Indonesia

With its rich marine biodiversity, Indonesia is a paradise for scuba divers. The Coral Triangle, known as the “Amazon of the Seas,” offers lively coral reefs and diverse marine life. Bali, Raja Ampat, and Komodo National Park are must-visit spots for underwater exploration.

White-water Rafting – Malaysia

Malaysia’s rivers, including the Kampar River, provide thrilling white-water rafting experiences. With rapids suitable for various skill levels, these rivers offer an adventure not to be missed.

Hiking – Nepal

The trails of the Himalayas in Nepal offer breathtaking views and challenging treks for adventurers. From the mountainous Annapurna Circuit to the Everest Base Camp, these hikes are a must for daredevils.

Skydiving – New Zealand

New Zealand’s stunning landscapes make it a premier destination for skydiving. Adventurers can experience the thrill of freefall over awe-inspiring locations like Queenstown and Lake Taupo.

Muay Thai Training – Thailand

Thailand, the birthplace of Muay Thai, offers an authentic experience for martial arts enthusiasts. Training camps in popular tourist destinations like Bangkok and Phuket provide immersive programs for all skill levels.

Rock Climbing – Vietnam 

Vietnam’s diverse terrain offers rock climbing opportunities for all levels. The limestone cliffs of Ha Long Bay and the rugged landscapes of Cat Ba Island are popular among climbers.

Agoda’s extensive offerings make it easy for adventure enthusiasts to plan their next adrenaline-fueled journey. With over 5 million holiday properties, more than 130,000 flight routes, and over 300,000 activities, all of which can be combined in a single booking, Agoda provides comprehensive travel solutions. For the best deals on these exciting getaways, travelers can download the Agoda app or visit www.agoda.com/deals.

 

Yuwell Medical Joins CFA Team China as Official Partner: Elevating Health Celebrating Sport

BEIJING, March 3, 2025 /PRNewswire/ — On March 2, Yuwell Medical and the CFA Team China announced an official partnership at a signing ceremony in Beijing under the theme “Elevating Health Celebrating Sport.” Representatives from both organizations attended the event, marking a significant step toward strengthening medical support for Chinese football.


Strengthening Healthcare to Elevate Sports Medicine

At the ceremony, Zhao Shuai, Vice President of Yuwell Medical, emphasized the deep connection between sports and health, stating: “Sports are not just about strength and speed—they embody the pursuit of health, excellence, and unity. Football inspires millions, and the dedication and teamwork of its players reflect Yuwell Medical’s core values. Through this partnership, we will apply our latest medical innovations to sports healthcare, helping athletes maintain peak performance and safeguard their well-being.”


Xu Jiren, Vice President of the Chinese Football Association, praised the collaboration, saying: “Establishing this partnership ahead of the China Men’s National Football Team’s FIFA World Cup 2026™ Preliminary Competition AFC Asian Qualifiers underscores Yuwell Medical’s strong commitment to Chinese football. With its medical expertise and advanced technologies, Yuwell will provide essential healthcare support, helping players stay in top condition and face competition challenges with confidence. This collaboration will also foster deeper integration between sports medicine and football, contributing to the long-term growth of China’s sports industry.”


Strengthening Player Safety with Medical Equipment Donation

As part of the partnership, Yuwell Medical donated Primedic automated external defibrillators (AEDs) to the CFA Team China. Moving forward, the company will also provide free emergency response training and health education for young athletes, establishing a comprehensive life-saving safety net for matches and training sessions. This initiative further strengthens medical preparedness and enhances overall player safety.

China Men’s National Football Team players Wang Dalei, Li Lei, Wang Shangyuan, and Xie Wenneng, along with Wang Yudong, who recently competed in the AFC U20 Asian Cup China 2025 and earned a place on the senior squad, attended the press conference. The following day, the China Men’s National Football Team will travel to the United Arab Emirates to continue preparations for the FIFA World Cup 2026™ Preliminary Competition AFC Asian Qualifiers-Road to 26, entering a crucial stage of their campaign.


Harnessing Technology for a Stronger Sporting Nation

As a leader in medical technology, Yuwell Medical has been advancing healthcare innovation for 27 years, driven by its mission to “Life’s Rhythm Powered by Tech.” The company actively supports sports and public health initiatives in China. Yuwell Primedic rescue ecosystem operates in over 100 countries and regions, helping save more than 100 lives annually. Its “Flying Fish Rescue Team” provides medical support for thousands of sporting events, including marathons, badminton tournaments, whitewater rafting championships, and road cycling races, ensuring athlete safety and emergency preparedness.

The spirit of sports extends beyond the game. The partnership between Yuwell Medical and the CFA Team China reflects the deep connection between elite sports and healthcare. Just as athletes push the boundaries of human performance, Yuwell Medical continues to drive medical innovation, both contributing to the broader vision of “national strength and rejuvenation”. As a steadfast supporter of Chinese football, Yuwell Medical will join forces with partners across industries to help advance China’s ambitions of becoming “a leading sporting nation” and “a healthier China, ” paving the way for a stronger future in both athletics and healthcare.


 

Sole Pharma – Launches in the Philippines to Meet Rising Demand for High-Quality Supplements

MANILA, Philippines, March 3, 2025 /PRNewswire/ — In response to the growing demand for high-quality health supplements in the Philippines, Sole Pharma, as one of the leading European pharmaceutical manufacturer, announces its expansion into the Southeast Asian market. Products are available online through Mercury Drug, Watson’s, Rose’s Pharmacy and Allgreen RX, as well as on Sole Pharma’s official Lazada and Shopee stores. With the country’s supplement industry projected to grow at a rate of 9.32% from 2024 to 2029, Sole Pharma is committed to providing science-backed, high-quality formulations to support Filipinos in their journey toward better health.

Sole Pharma – Launches in the Philippines to Meet Rising Demand for High-Quality Supplements
Sole Pharma – Launches in the Philippines to Meet Rising Demand for High-Quality Supplements

As modern life presents increasing challenges—ranging from stress management to maintaining cognitive and physical health—Filipinos are turning to trusted supplements for support. Sole Pharma, with its strong track record in over 25 countries, aims to address these needs through its portfolio of specialized health solutions.

In response to these challenges, many Filipinos are placing more importance on health and wellness and are looking for reliable supplements to help them boost their energy, manage stress, and enhance mental focus.

The demand for quality supplements that offer real benefits has never been higher, as people seek products that align with their goal of leading healthier, more balanced lives.

With a wide range of choices available, consumers are advised to be discerning and choose reliability and effectiveness.

Fortunately, Filipinos don’t need to look far. Sole Pharma is leading the way in providing trusted, high-quality supplements that promote overall health and wellness. As one of the leading European pharmaceutical manufacturers, the company first launched in 2008 and has since built a strong foundation in international markets, forging global partnerships in over 25 countries. With more than 50 successful products sold in over 25 countries, Sole Pharma is now geared towards expansion in the SEA region, particularly the Philippines.

“Sole Pharma is committed to empowering people to live healthier, more energetic lives”, Elza Muizniece, Business Unit Manager at Sole Pharma® Healthcare. “We believe that health and wellness should be accessible. We’re excited to be part of the Filipino’s journey towards a healthier future, one supplement at a time.”

High-quality manufacturing is a top priority at Sole Pharma, and all products are crafted in compliance with Good Manufacturing Practices (GMP), US and Philippine FDA standards, and ISO regulations. The company’s commitment to precision is also reflected in their new logo inspired by the Golden Ratio.

“Our commitment to responsible manufacturing and community support sets Sole Pharma apart, and we’re proud to uphold these values as we continue to grow,” adds.

The Perfect Gift of Health

With the promise of #PowerUp, Sole Pharma prides itself on developing supplements that contain multiple powerful ingredients in a single formula. The company currently has six brands that cater to various health concerns.

Sole Max is a memory enhancer supplement while Stressnol as its name suggests, a stress management supplement. Focumax is an eye care supplement.

For people in midlife and beyond, there’s Artroveron, a 5-in-1 expert in joint health for knee and joint support with omega-3 and collagen, and Hepastrong, a liver care supplement.

Whether used as part of a daily routine or shared as a thoughtful gift, Sole Pharma supplements bring a sense of vitality and care. Giving a loved one the “gift of health” has never been more accessible.

For those ready to begin their wellness journey with Sole Pharma, products are available online through Mercury Drug, Watson’s, Rose’s Pharmacy and Allgreen RX, as well as on Sole Pharma’s official Lazada and Shopee stores. 

For more information, visit https://www.solepharm.com/ or https://abgph.com/. Follow them on Instagram @solepharmaph, Facebook Sole Pharma PH, for educational content while buy from official Lazada and Shopee stores.

Visit https://www.solepharm.com/, Instagram @solepharmaph, Facebook Sole Pharma PH 

For more queries, please email: solepharmamkt@docquity.com

CARsgen’s Claudin18.2 CAR-T Therapy Satri-cel Granted Breakthrough Therapy Designation by the NMPA

SHANGHAI, March 3, 2025 /PRNewswire/ — CARsgen Therapeutics Holdings Limited (Stock Code: 2171.HK), a company focused on innovative CAR T-cell therapies for the treatment of hematologic malignancies and solid tumors, announces that the Center for Drug Evaluation (CDE) of China’s National Medical Products Administration (NMPA) has granted Breakthrough Therapy Designation (BTD) to satricabtagene autoleucel (“satri-cel”, CT041) for the treatment of Claudin18.2-positive advanced gastric/gastroesophageal junction cancer (G/GEJ) in patients who have failed at least two prior lines of therapy.

The company plans to submit a New Drug Application (NDA) for satri-cel to the NMPA in the first half of 2025.

“We are fully committed to advancing the preparation work for the NDA submission of satri-cel. We are delighted that satri-cel has received Breakthrough Therapy Designation, which is expected to expedite its approval process and bring this therapy to patients as soon as possible,” said Dr. Zonghai Li, Founder, Chairman of the Board, Chief Executive Officer, and Chief Scientific Officer of CARsgen Therapeutics.

About Satri-cel

Satri-cel is an autologous CAR T-cell product candidate against the protein Claudin18.2 that has the potential to be the first-in-class globally. Satri-cel targets the treatment of Claudin18.2 positive solid tumors with a primary focus on gastric cancer/gastroesophageal junction cancer (GC/GEJ) and pancreatic cancer (PC). Ongoing trials include investigator-initiated trials (CT041-CG4006, NCT03874897), a confirmatory Phase II clinical trial for advanced gastric/gastroesophageal junction cancer in China (CT041-ST-01, NCT04581473), a Phase I clinical trial for PC adjuvant therapy in China (CT041-ST-05, NCT05911217), and a Phase 1b/2 clinical trial for advanced gastric or pancreatic adenocarcinoma in North America (CT041-ST-02, NCT04404595). Satri-cel was granted Regenerative Medicine Advanced Therapy (RMAT) designation by U.S. FDA for the treatment of advanced GC/GEJ with Claudin18.2-positive tumors in January 2022. Satri-cel received Orphan Drug designation from the U.S. FDA in September 2020 for the treatment of GC/GEJ.

About CARsgen Therapeutics Holdings Limited

CARsgen is a biopharmaceutical company with operations in China and the U.S., focusing on innovative CAR T-cell therapies for the treatment of hematologic malignancies and solid tumors. CARsgen has established a comprehensive CAR T-cell research and development platform that covers target discovery, innovative CAR T-cell development, clinical trials, and commercial-scale production. Internally, CARsgen has developed novel technologies and a product pipeline with global rights to address significant challenges faced by existing CAR T-cell therapies. Efforts include improving safety profile, enhancing the efficacy in treating solid tumors, and reducing treatment costs. CARsgen’s mission is to become a global biopharmaceutical leader that provides innovative and differentiated cell therapies for cancer patients worldwide and makes cancer curable.

Forward-looking Statements

All statements in this press release that are not historical fact or that do not relate to present facts or current conditions are forward-looking statements. Such forward-looking statements express the Group’s current views, projections, beliefs and expectations with respect to future events as of the date of this press release. Such forward-looking statements are based on a number of assumptions and factors beyond the Group’s control. As a result, they are subject to significant risks and uncertainties, and actual events or results may differ materially from these forward-looking statements and the forward-looking events discussed in this press release might not occur. Such risks and uncertainties include, but are not limited to, those detailed under the heading “Principal Risks and Uncertainties” in our most recent annual report and interim report and other announcements and reports made available on our corporate website, https://www.carsgen.com. No representation or warranty is given as to the achievement or reasonableness of, and no reliance should be placed on, any projections, targets, estimates or forecasts contained in this press release.

CHARLES LECLERC AND CHIVAS REGAL HIT THE RIGHT NOTE IN NEW GLOBAL PARTNERSHIP

Chivas Regal welcomes Charles Leclerc as Global Brand Ambassador with an exclusive pop-up piano bar ahead of the first Grand Prix of the season, with an appearance from the self-taught pianist.

LONDON, March 3, 2025 /PRNewswire/ — Luxury Scotch whisky, Chivas Regal, has announced leading Formula 1 driver Charles Leclerc as its Global Brand Ambassador in a multiyear partnership, highlighting the brand’s growing influence in modern sports culture.

Charles Leclerc, Global Brand Ambassador at Chivas Regal
Charles Leclerc, Global Brand Ambassador at Chivas Regal

Throughout the collaboration, Chivas Regal and Charles will encourage fans to forge their own paths in redefining success. The partnership will celebrate the achievement of personal goals and creativity along the way, exploring Charles’ passion points off the racetrack, with the first being music.

As a talented and self-taught pianist and composer, Charles has been sharing his love of music with fans over the past few years that has seen him release multiple tracks. The time, precision and passion he puts into mastering the notes on a piano is reflective of the craftmanship required to blend the notes of an iconic whisky.

To celebrate this blending of success, Charles and Chivas Regal are hosting an exclusive, one-night-only pop-up piano bar which brings together the worlds of music and whisky. Dubbed Leclerc’s, the bar will open on March 11th in Melbourne, ahead of the 2025 Formula 1 season opener in the city later that week.

The immersive event will give VIP guests and a limited number of lucky fans the chance to enjoy bespoke Chivas Regal x Charles Leclerc whisky cocktails, while experiencing a unique evening, centred around music, inspired by Leclerc’s passion for the piano. The event will also feature a special guest appearance from Charles himself, marking the first of many moments he and Chivas Regal will celebrate together.

Those heading to Leclerc’s will have the opportunity to experience a new side of the racing legend as they explore the fusion and notes of whisky and music like never before, in an evening that celebrates the artistry of piano and the craft of whisky.

Nick Blacknell, Global Marketing Director, for Chivas Regal, at Chivas Brothers says: “It’s no secret Charles has had incredible success in his life, but it is his tenacious spirit, commitment to excellence and off-track passions that inspired this partnership. The 88 notes of the piano draw perfect parallels with the 85 flavour notes of our iconic Chivas 18 Year Old expression, showing how both music and whisky blend passion with precision. We’re excited to bring fans on the journey to celebrate our wins together – the ethos that lies at the heart of Chivas Regal.”

Charles Leclerc, Global Brand Ambassador at Chivas Regal, adds: “Success is about blending all the right notes – on and off the track. My craft demands time, precision, and dedication, but what truly drives me is the journey, my passions, and the moments shared along the way. Chivas Regal embodies this same ethos, encouraging people to find their own rhythm and celebrate every win, big or small. I’m excited to redefine success together and share this experience with fans through our partnership.”

To be in with a chance of winning a coveted spot at Leclerc’s in Melbourne and meet Charles, fans can head TimeOut Melbourne to enter and find out more. Closing date for entry is Saturday 8th March.

This marks the start of a collaborative partnership between Charles Leclerc and Chivas Regal, with further moments of celebration to come. Fans can keep up to date with the new partnership by following @ChivasRegal on Instagram or visiting Chivas.com

Please enjoy Chivas Regal responsibly and never drink and drive.

Notes to Editors           

For more information please contact: clcxchivas@wearetheromans.com 

For imagery please see HERE.

About Chivas

Chivas Regal is the original luxury blended Scotch whisky. Launched in 1909, Chivas has been integral to the growth of the Scotch whisky category worldwide – with a retail sales value today of over €2.07bn.

Chivas believes in celebrating the next generation of whisky drinkers who elevate themselves and those around them to forge new paths to success – which is why Chivas’ ethos is ‘I Rise, We Rise’, a nod to the importance of hard work, community and ripping up the rule book. These values were instilled by founding brothers James and John Chivas who pioneered the art of whisky blending in 19th century Scotland and became pillars of the community due to their tireless work ethic, hustle, and drive. Chivas continues this vision of collective success through its long-standing association with global sports culture, having enjoyed partnerships with Premier League football clubs for many years, and now in its latest move as ‘Official Team Partner’ of the Scuderia Ferrari HP Formula 1 team in a new global partnership.

Chivas blends its spiritual home in Speyside, Scotland, with more than 100 countries across the globe, who together have made Chivas the global success it is today. The Chivas range blends timeless classics with modern innovation and includes: Chivas 12, Chivas Extra, Chivas XV, Chivas Mizunara, Chivas 18, Chivas Ultis XX, Chivas 25, and Chivas Regal The Icon Chivas.

I Rise, We Rise.

www.Chivas.com

About Leclerc’s 

To celebrate Charles Leclerc as Chivas Regal’s Global Brand Ambassador, the racing legend and the luxury Scotch whisky are hosting an exclusive, one-night-only piano bar pop-up in Melbourne on March 11th, ahead of the 2025 Formula 1 season. The event brings together the two worlds of whisky and music, signalling the start of a collaborative partnership and marking the first of many moments he and Chivas Regal will celebrate together. 

Chivas Regal x Charles Le Clerc Signature Serve – ‘The Monaco Spritz’ 

Charles Leclerc’s signature serve. A twist on an Italian classic fit for the French Riviera. 

  • 30ml Chivas Regal 18 Year Old
  • 30ml Elderflower Cordial
  • 20ml Lime Juice
  • 60ml Champagne
  • Glass: Stemmed Glass
  • Garnish: Mint Sprig

Pulnovo Medical Announces Closing of Nearly $100 Million Series C Financing

SHANGHAI, March 3, 2025 /PRNewswire/ — Pulnovo Medical, a globally recognized pioneer in medical devices for pulmonary hypertension (PH) and heart failure (HF), has announced the closing of nearly $100 million Series C financing. This round was co-led by Qiming Venture Partners and existing shareholder Lilly Asia Ventures, with existing investors OrbiMed and Gaorong Capital participating on a super pro-rata basis. The proceeds will be used to advance Pulnovo Medical’s global clinical trials, international business expansion and strategic initiatives.

The financing round was oversubscribed by two times, marking one of the largest fundraises in the Asia-Pacific innovative medical device sector in recent years. This reflects leading institutions’ confidence in Pulnovo Medical’s global strategy and technical capabilities.

Founded in 2013, Pulnovo Medical is a pioneering medtech company recognized in international guidelines. The company leverages its extensive clinical expertise to drive scientific advancements and global commercialization. The company focuses on developing superior therapeutic solutions for various stages of HF to enhance patient outcomes.

Pulnovo Medical’s core product, PADN (Pulmonary Artery Denervation) technology, is an innovative and effective minimally invasive treatment for PH that has successfully obtained market approval.PH is a condition that can lead to heart failure and mortality, with limited treatment options. PADN uses radiofrequency ablation to target the pulmonary vascular endothelial sympathetic nerve, effectively reducing pulmonary artery pressure and slowing disease progression.

PADN received FDA Breakthrough Device designation for Group I, Group II, and Group IV PH in 2021. PADN was included in European Society of Cardiology and European Respiratory Society Guidelines in 2022. In 2023, Pulnovo Medical achieved the Humanitarian Use Exemption Device designation for Group I PH. The RF catheter and RF generator received market approval in China in late 2023, becoming a commercially available interventional device in the field globally. In 2024, Pulnovo Medical’s accessory product, the 9F sheath, received FDA clearance.

Cynthia Chen, Chairlady, Executive Chairwoman and President of Pulnovo Medical, announced that the proceeds of this round will support two upcoming FDA trials for Group I PH and Group II PH (chronic heart failure combined with PH) planned this year. Under the leadership of the executive team, the company has transformed from a laboratory to a globally structured firm with offices in the US, Singapore, as well as Hong Kong SAR and four cities in Chinese Mainland, including Beijing and Shanghai.

William Hu, Managing Partner of Qiming Venture Partners, said, “Pulnovo Medical’s breakthroughs in interventional treatments for PH and HF are impressive. The company’s PADN technology is now commercially available in Chinese Mainland, Hong Kong, and Macau, and in 2024, global multicenter trials were initiated in Portugal, Serbia, Georgia, and Southeast Asia. Following the FDA Breakthrough Device designation, the global clinical trials further validate the technology’s leadership and clinical value. As a long-term healthcare investor, Qiming is committed to supporting innovators with global visions. We are confident in Pulnovo Medical’s potential and will support its international expansion and commercialization, bringing new hope to patients worldwide.”

Head-to-Head Against Pembrolizumab: Innovent Announces First Patient Dosed in the First Pivotal Study of IBI363 (PD-1/IL-2α-bias Bispecific Antibody Fusion Protein) in Melanoma

SAN FRANCISCO and SUZHOU, China, March 3, 2025 /PRNewswire/ — Innovent Biologics, Inc. (“Innovent”) (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures, and commercializes high-quality medicines for the treatment of oncology, autoimmune, cardiovascular and metabolic, ophthalmology, and other major diseases, announced that the first patient has been dosed in its registrational study evaluating IBI363, a first-in-class PD-1/IL-2α-bias bispecific antibody fusion protein, as monotherapy versus pembrolizumab (Keytruda®) in patients with unresectable locally advanced or metastatic mucosal or acral melanoma who have not received prior systemic therapy. This is IBI363’s first pivotal study and a significant milestone for China’s innovative immuno-oncology (IO) therapy in addressing the global challenge of treating “cold tumors.”

This is a randomized, multicenter, pivotal study designed to evaluate the efficacy and safety of IBI363 monotherapy versus pembrolizumab monotherapy in patients with unresectable, locally advanced or metastatic mucosal or acral melanoma who have not received prior systemic therapy. The primary endpoint is progression-free survival (PFS), as assessed by an Independent Radiology Review Committee (IRRC) based on RECIST v1.1 criteria.

IBI363 has demonstrated outstanding efficacy signals in immunotherapy (IO)-naïve melanoma patients across two earlier clinical trials (Phase 1a/1b study NCT05460767 and Phase 2 study NCT06081920), which enrolled a total of 26 patients with advanced acral or mucosal melanoma:

  • The overall objective response rate (ORR) was 61.5%, and the disease control rate (DCR) was 84.6%—significantly higher than current domestic immunotherapy standards.
  • Prolonged follow-up revealed sustained tumor responses and long-term benefits, suggesting the potential superiority of IBI363 over existing standard therapies.

These preliminary data were presented at SITC 2024[1], and updated follow-up results will be shared at international conferences in 2025.

IBI363 has also demonstrated a manageable safety profile. To date, IBI363 monotherapy or combination therapy has been administered to hundreds of patients with advanced solid tumors globally. The overall safety profile remains consistent with known toxicities of PD-1/PD-L1 and IL-2 therapies, with common treatment-related adverse events (TRAEs) including arthralgia, anemia, thyroid dysfunction, and rash—all of which are manageable with routine clinical care.

Professor Jun Guo, Principal Investigator of the Study and Director of Peking University Cancer Hospital, stated: “Melanoma has a high mortality rate in China, and its incidence is rising annually. IO-naïve melanoma patients currently have a median PFS of only around three months, reflecting a significant unmet clinical need. Moreover, non-cutaneous subtypes like mucosal melanoma—which are more prevalent in China—are particularly resistant to immunotherapy with limited clinical benefits. IBI363 has shown the potential to convert ‘cold tumors’ into ‘hot tumors’ by the dual activation of PD-1 and IL-2 pathways. Encouraging efficacy observed in Phase 1a/1b and 2 studies suggest its potential as a next-generation IO therapy for melanoma. Along with my fellow investigators, I hope this trial will lead to more effective treatment options for patients with acral and mucosal melanoma.”

Dr. Hui Zhou, Senior Vice President of Innovent, stated, “As Innovent’s first-in-class next-generation IO therapy, IBI363 simultaneously and selectively inhibits the PD-1/PD-L1 pathway and activates the IL-2 pathway. In previous studies, IBI363 has demonstrated outstanding efficacy and safety in melanoma and multiple cancer types. This pivotal trial, through a head-to-head comparison with pembrolizumab, aims to validate IBI363’s potential as a superior treatment option for melanoma patients over the current standard-of-care. We are also accelerating the global development of IBI363 across multiple tumor types, with the goal of extending the benefits of China’s innovation to patients worldwide.”

About IBI363 (First-in-class PD-1/IL-2α-bias bispecific antibody fusion protein))

IBI363 is a first-in-class drug candidate independently developed by Innovent Biologics. It is a PD-1/IL-2 bispecific antibody fusion protein designed to enhance efficiency while minimizing toxicity. The IL-2 arm of IBI363 has been engineered to optimize therapeutic effects with reduced side effects, while the PD-1 binding arm enables PD-1 blockade and selective IL-2 delivery. By simultaneously inhibiting the PD-1/PD-L1 pathway and activating the IL-2 pathway, IBI363 facilitates more precise and efficient targeting and activation of tumor specific T cells. Preclinical studies have shown that IBI363 exhibits strong anti-tumor activity across multiple tumor-bearing pharmacological models, including those resistant to PD-1 inhibitors and metastatic models. Additionally, it has demonstrated a favorable safety profile in preclinical models.

Clinical trials of IBI363 are currently underway in China, the United States, and Australia to evaluate its safety, tolerability and preliminary efficacy in subjects with advanced malignancies. The first pivotal study of IBI363 has been initiated, for the treatment of IO-naive mucosal or acral melanoma. Furthermore, IBI363 has received two fast track designations (FTD) from the U.S. FDA, for the treatment of squamous non-small cell lung cancer and melanoma, respectively.

About Melanoma

Melanoma is a malignant tumor that develops from melanocytes. Although melanoma accounts for only 3% of all types of skin cancer, it has the highest motality rate of all types and is the most likely to metastasize. In China, the incidence and mortality rate of melanoma continue to rise. Melanoma is classified into three main subtypes:  cutaneous, acral and mucosal. The characteristics of melanoma in Chinese patients differs greatly from those seen in European and American Caucasian populations in terms of pathogenesis, biological behavior, histological morphology, treatment response and prognosis[4]. For advanced cutaneous and acral melanomas, patients with the BRAF V600 mutation typically receive BRAF inhibitor combined with MEK inhibitors as the preferred molecular targeted therapy. For those without the BRAF V600 mutation, chemotherapy combined with anti-angiogenic drugs can be is a first-line treatment option. Notably, immunotherapy has not yet been approved as the first-line treatment indication for advanced melanoma in China. For second-line treatment, therapies not previously used in first-line settings are recommended. Patients who have not received PD-1 monoclonal antibody in the first-line setting may be treated with PD-1 inhibitors as a second-line option. For advanced mucosal melanoma, chemotherapy or PD-1 monoclonal antibody combined with anti-angiogenic drugs can be considered first-line treatment. For those with BRAF V600 mutation, BRAF inhibitor ±MEK inhibitor can be selected. Currently, posterior treatment options for melanoma are very limited.

About Innovent

Innovent is a leading biopharmaceutical company founded in 2011 with the mission to empower patients worldwide with affordable, high-quality biopharmaceuticals. The company discovers, develops, manufactures and commercializes innovative medicines that target some of the most intractable diseases. Its pioneering therapies treat cancer, cardiovascular and metabolic, autoimmune and eye diseases. Innovent has launched 14 products in the market. It has 4 new drug applications under regulatory review, 2 assets in Phase III or pivotal clinical trials and 17 more molecules in early clinical stage. Innovent partners with over 30 global healthcare companies, including Eli Lilly, Sanofi, Incyte, Adimab, LG Chem and MD Anderson Cancer Center.

Guided by the motto, “Start with Integrity, Succeed through Action,” Innovent maintains the highest standard of industry practices and works collaboratively to advance the biopharmaceutical industry so that first-rate pharmaceutical drugs can become widely accessible. For more information, visit www.innoventbio.com, or follow Innovent on Facebook and LinkedIn.

Statement:

1) Innovent does not recommend the use of any unapproved drug (s)/indication (s).

2) Ramucirumab (Cyramza) and Selpercatinib (Retsevmo) and Pirtobrutinib (Jaypirca) were developed by Eli Lilly and Company.

 Disclaimer: Innovent does not recommend any off-label usage.

Forward-Looking Statements

This news release may contain certain forward-looking statements that are, by their nature, subject to significant risks and uncertainties. The words “anticipate”, “believe”, “estimate”, “expect”, “intend” and similar expressions, as they relate to Innovent, are intended to identify certain of such forward-looking statements. Innovent does not intend to update these forward-looking statements regularly.

These forward-looking statements are based on the existing beliefs, assumptions, expectations, estimates, projections and understandings of the management of Innovent with respect to future events at the time these statements are made. These statements are not a guarantee of future developments and are subject to risks, uncertainties and other factors, some of which are beyond Innovent’s control and are difficult to predict. Consequently, actual results may differ materially from information contained in the forward-looking statements as a result of future changes or developments in our business, Innovent’s competitive environment and political, economic, legal and social conditions.

Innovent, the Directors and the employees of Innovent assume (a) no obligation to correct or update the forward-looking statements contained in this site; and (b) no liability in the event that any of the forward-looking statements does not materialize or turn out to be incorrect.

Reference:

[1].Lian B, Chen Y, Fang M, et al1502 Efficacy and safety results of first-in-class PD-1/IL-2α-bias bispecific antibody fusion protein IBI363 in patients with immunotherapy-naïve advanced melanoma. J IMMUNOTHER CANCER. 2024;12:doi: 10.1136/jitc-2024-SITC2024.1502

[2].Cui C, Chen Y, Luo Z, et al. Safety and efficacy of Pucotenlimab (HX008) – a humanized immunoglobulin G4 monoclonal antibody in patients with locally advanced or metastatic melanoma: a single-arm, multicenter, phase II study. BMC Cancer. 2023;23(1):121. Published 2023 Feb 6. doi:10.1186/s12885-022-10473-y

[3].CSCO黑色素瘤诊疗指南(2023 年版)