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Huawei Recognized as a Leader in the 2025 Gartner® Magic Quadrant™ for Data Center Switching

SHENZHEN, China, April 7, 2025 /PRNewswire/ — Gartner has released its 2025 Magic Quadrant for Data Center Switching, in which Huawei has been recognized as a Leader. Notably, Huawei is positioned furthest in “Completeness of Vision”.

Huawei Recognized as a Leader in the 2025 Gartner® Magic Quadrant for Data Center Switching
Huawei Recognized as a Leader in the 2025 Gartner® Magic Quadrant for Data Center Switching

In 2025, Huawei will continue to upgrade its data center network in the following three aspects:

Upgraded Xinghe Intelligent Fabric Solution

As AI technologies evolve and cloud architectures advance, data center networks are undergoing significant transformation. Huawei’s upgraded Xinghe Intelligent Fabric Solution is built on a three-layer architecture: AI Brain, AI Connection, and AI NEs.

  • AI Brain: Huawei’s exclusive network digital map and NetMaster network large model facilitate automated process deployment, integrated network-security simulation, and automatic resolution of 80% of faults, significantly enhancing O&M efficiency.
  • AI Connection: The innovative network scale load balancing (NSLB) algorithm optimizes path planning, eliminates performance bottlenecks, and boosts AI training efficiency by over 10%. Additionally, the iReliable three-level reliability technology and optical module channel loss resistance ensure zero service interruptions.
  • AI NEs: Leveraging CloudEngine series switches and StarryLink optical modules, Huawei implements high-precision traffic awareness and visualized monitoring of network packet loss and delay.

New CloudEngine Series Switches

Huawei has introduced the industry’s highest-density 128*800GE fixed Ethernet switch, CloudEngine XH9330, alongside the world’s first 128*400GE liquid-cooled fixed switch, CloudEngine XH9230. With an industry-leading number of high-density ports, these switches are able to surpass the scalability limits of AI clusters. In addition, Huawei’s proprietary iFlashboot technology enables continuous training even in the event of abnormal restarts and upgrades.

StarryLink Optical Modules

At MWC 2025, Huawei unveiled its StarryLink optical modules for the data center network field, which offers three core capabilities:

  • Spanning: Huawei employs a unique optical path coupling algorithm to control and optimize signal power distribution, ensuring maximum transmission power. This achieves transmission distances that are double the industry average.
  • Stable: Huawei’s proprietary short-distance optical return loss positioning technology allows for location of dirty and loose optical links with minutes, significantly quicker than the industry average of three hours. Additionally, the exclusive channel loss resistance technology enables continuous training even in the event of link disconnection.
  • Secure: The exclusive PHYSEC physical layer encryption capability is integrated into the optical module’s oDSP, ensuring 100% encryption of all packets and eliminating any risk of data leakage.

Propelling Enterprise Networks into the Digital Intelligent Era

Looking ahead, Huawei remains committed to advancing technical research and product innovation in the data center network sector. By expanding the CloudEngine data center switch portfolio and driving technological advancements, Huawei is poised to guide enterprises through the evolving landscape of network technology, laying a robust infrastructure for enterprises’ data intelligent transformation.

Gartner Disclaimer
Gartner, Magic Quadrant for Data Center Switching, By Andrew Lerner&Simon Richard&Nauman Raja&Jorge Aragon&Jonathan Forest, 31 March 2025
Gartner does not endorse any vendor, product or service in its research, nor does it advise technology users to select only those vendors with the highest rating or other designations. Gartner’s research report contains the opinions of Gartner’s research and consulting organization, and such opinions should not be construed as statements of fact. With respect to this study, Gartner disclaims all warranties, express or implied, including any warranties of merchantability or fitness for a particular purpose. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved.

Nelipak® Healthcare Packaging expands commitment to serve customers in Asia-Pacific Region with its sterile barrier medical packaging products

Expanding Regional Expertise and Localized Solutions to Meet the Growing Demands of Asia-Pacific Healthcare.


CRANSTON, RHODE ISLAND US – Media OutReach Newswire – 7 April 2025 – Nelipak® Corporation (“Nelipak®“), a leading global manufacturer of packaging solutions for medical device, diagnostic, pharmaceutical drug delivery, and other demanding applications, announced it is enhancing its commitment to service customers in the Asia-Pacific region on a direct basis, and through its preferred partners.

The Nelipak® medical packaging product lineup includes a comprehensive range of custom designed sterile-barrier packaging solutions. Nelipak’s flexible packaging product line includes coated roll-stock, die cut lids and sheets, pouches, and bags. These products incorporate a wide range of material substrates (Tyvek®, medical papers, films, foil-laminates) and Nelipak® heat-seal coating technologies (Nelipak® CR27 and Nelipak® SBP2000 coatings; Nelipak® PS-series coated papers). These well-known flexible medical packaging solutions became part of the Nelipak® Healthcare Packaging portfolio as a result of Nelipak’s 2019 acquisition of Bemis® Healthcare Packaging Europe. In addition, Nelipak’s medical packaging solutions include rigid thermoformed trays and medical tray sealing machines.

“Our healthcare packaging solutions are widely used globally and have been used extensively in in the Asia-Pacific region for over 30 years,” said Pat Chambliss, CEO of Nelipak®. “Our products are available to customers in the Asia-Pacific region on a direct basis, and through our preferred partners. Direct engagement enables us to work closely with customers to ensure that our packaging solutions are tailored to specific requirements, from concept to completion. By working directly, we can deliver value by streamlining processes, reducing costs, and avoiding validation of alternatives – without compromising quality or service.”

With over 70 years of experience designing, developing, and delivering custom sterile barrier packaging solutions for the healthcare sector, Nelipak® recognizes the unique technical requirements and aspirations of customers in the Asia-Pacific region. Nelipak® is investing in the future of sterile barrier medical packaging in the Asia-Pacific region, aiming to expand its capabilities to meet evolving customer needs.

To support evolving customer needs, Nelipak® is strengthening its capabilities in the Asia-Pacific region by expanding expertise, technologies, and in-region resources. This includes leveraging existing global resources, establishing additional in-region resources (commercial, technical, service, etc.), and introducing innovative packaging solutions tailored to the needs of Asia-Pacific healthcare companies.

Nelipak® healthcare packaging experts are ready to collaborate, offering insights and solutions that drive success in the healthcare market. Customers in the Asia-Pacific region are invited to connect with the Nelipak® team (email: apac-sales@nelipak.com ) to explore Nelipak’s healthcare packaging solutions.

Hashtag: #Nelipak #Healthcare #HealthcarePackaging



The issuer is solely responsible for the content of this announcement.

About Nelipak®

Nelipak® is a leading global manufacturer of rigid and flexible packaging solutions for medical device, diagnostic, pharma drug delivery and other demanding applications. To support the development of innovative sustainable packaging solutions, Nelipak® offers in-house design, prototyping, tooling, simulation, validation, laboratory, and other value-added services as well as a line of tray sealing equipment. With 1,400 employees and 11 sites globally, including 6 sites in North America (US, Costa Rica, Puerto Rico) and 5 sites in Europe (Ireland, Netherlands, UK), Nelipak® is committed to delivering superior quality, service, and customer experience through world-class cleanroom manufacturing. For more information, visit .

DuPont™ and Tyvek® are trademarks or registered trademarks of DuPont or its affiliates.

Copyright© 2025 DuPont de Nemours Inc.

AIKO INTRODUCES NEBULAR TO AUSTRALIA: THE HIGH-PERFORMANCE, ULTRA-LIGHT SOLAR PANEL FOR LOW-LOAD ROOFS

SYDNEY, April 7, 2025 /PRNewswire/ — AIKO, a global leader in solar PV R&D, is bringing its revolutionary Nebular solar module to the Australian market to address one of the biggest challenges in commercial and industrial (C&I) solar—the weight limitations of many rooftops.

For years, businesses with low-load bearing roofs have faced challenges adopting solar, often requiring costly structural reinforcements or being forced to install smaller, less efficient systems. Traditional solar panels can weigh between 20-25kg, which exceeds the load-bearing capacity of many older commercial buildings, lightweight warehouses, and importantly big energy users like cold stores. Nebular from AIKO provides a breakthrough solution, weighing just 8.6kg per panel60% lighter than standard mono-glass modules—enabling solar installations in places previously deemed unfeasible.

While lightweight panels have been available for some time, Nebular is the first to combine a reinforced standard frame with an innovative glass-free design, allowing seamless installation using conventional mounting systems without the need for costly adhesives or specialised racking. This combination significantly reduces weight and lowers the risk of microcracks and roof damage, particularly on older or lightweight structures.

Inheriting the superior performance advantages of AIKO’s proprietary ABC (All Back Contact) technology, Nebular delivers an impressive power output of 440W with efficiency of up to 22%. By eliminating front-side busbars, ABC technology maximises light absorption, ensuring optimal power generation with a best-in-class weight-to-performance ratio.

Beyond commercial rooftops, Nebular opens up new possibilities for solar carports, large-scale shade structures, and public infrastructure projects where traditional panel weight has been a limiting factor. The module’s anti-glare properties make it ideal for installations near airports, highways, and urban developments, addressing concerns around solar reflectivity in high-traffic environments. Its enhanced fire resistance ensures compliance with Australia’s rigorous safety standards, making Nebular a reliable choice for diverse applications.

Pilot shipments of the panel have just arrived, marking a significant milestone for the local solar industry. AIKO’s Head of ANZ, Thomas Bywater said, “Many businesses have been eager to adopt solar but have faced physical and financial barriers due to roof weight limitations. Nebular eliminates this challenge, making high-performance solar accessible to more businesses, helping reduce energy costs, and accelerating Australia’s transition to clean energy.”

With Nebular, AIKO continues to lead the global solar industry in innovation, ensuring that more businesses and industries can benefit from advanced solar technology without the constraints of traditional modules. By combining lightweight design, cutting-edge efficiency, and enhanced durability, AIKO remains committed to expanding the potential of solar energy and driving the transition toward a more sustainable future.

HAVIT Debuts AI-Powered Audio at April Exhibition: Spatial + Smart

GUANGZHOU, China, April 7, 2025 /PRNewswire/ — HAVIT will unveil a series of new products at the April exhibitions, integrated with revolutionary audio technologies and gaming peripherals. Book a visit now!

Exhibition Details:

Global Sources Electronics Show
April 11-14| Booth No. 10S18
April 18-21| Booth No. 3G38

Hong Kong Electronics Fair
April 13-16| Booth No. 1D-B02

The 137th China Import and Export Fair
April 15-19| Booth No. 6.1G37-42,6.1H08-12 & 3.1L38
April 23-27| Booth No. 17.2E04

HAVIT Unveils New Products with Audio Innovations
HAVIT Unveils New Products with Audio Innovations

Unveiling Future Sound Innovations: HAVIT to Introduce New Products at April Exhibition Tour

HAVIT advances AI-powered audio solutions through acoustic R&D. At April exhibition tour, we’ll present refined updates to improve intelligent sound experiences for evolving user needs.

SPACE S1 Hybrid Active Noise Cancelling Wireless Headphones

SPACE S1 features adaptive noise cancellation to reduce distractions and spatial audio for cinematic sound. Its larger sound chamber enhances bass and clarity, elevating an immersive listening experience.

FUXI-H8 Industry-First Gaming Open-Headphone Stereo

FUXI-H8’s open-ear design (Open-Headphone Stereo) balances ambient awareness and clear audio. Lightweight with studio-grade precision, it ensures comfort for extended use and harmonious sound integration.

SPACE NC02T Hybrid Active Noise Cancelling True Wireless Earbuds

Master silence with SPACE NC02T’s hybrid active noise cancellation, neutralizing noise across frequencies. Adaptive noise cancellation adapts seamlessly to environments, paired with immersive spatial audio for 360° sonic realism—elevating every moment into a private concert.

Smart Factory: A Complete Revolution in Future Productivity

HAVIT will launch a 40,000m² smart factory in the future, employing intelligent automation to optimize audio device manufacturing. Sensor-driven conveyors, robotic assembly, and real-time monitoring enhance quality, lower costs, and meet sustainability goals.

Acoustic Innovation Revolution—Global Technological Impact Across 140+ Countries and Regions

HAVIT integrates R&D, manufacturing, and omnichannel distribution to deliver audio devices, gaming gear, and smart electronics. Serving 100+ million users across 140+ countries and regions via optimized networks, the brand leverages industrial design and cross-channel collaboration to drive scalable innovation, improving user experiences and sustainable value worldwide.

About HAVIT

As an innovator in smart audio experiences, HAVIT has been crafting acoustic solutions through precision engineering and user-centric design, backed by scientific research in acoustics since 1998.

Believing “Fun drives the creation of a better world,” the brand integrates 160+ patents and 60+ international awards, delivering listening immersive experiences through discovery and emotional resonance.

Official Web: www.havitsmart.com

Facebook: @HAVIT

Instagram: @havit_official

YouTube: @HavitOfficial

LinkedIn: @HAVIT Technology Co., Ltd.

 

CIBF2025 to Unveil Breakthroughs Shaping the Future of Energy Storage

Batteries Spearhead Dual Economic and Technological Race in 2025 

TIANJIN, China, April 7, 2025 /PRNewswire/ — The 17th China International Battery Fair (CIBF2025), Asia’s premier battery industry gathering, will be held at the Shenzhen Convention & Exhibition Center from May 15-17, 2025. Organized by the China Industrial Association of Power Sources (CIAPS), the 300,000-sqm event will span 15 halls, hosting 3,100 global exhibitors spotlighting next-gen technologies and solutions. 

Pavilion Floor Plan
Pavilion Floor Plan

Industry Giants to Showcase Synergies Between Innovation and Commercialization

Confirmed participants include industry leaders CATL, BYD, EVE Energy, Gotion High-tech, Cornex, Sunwoda, and Lishen Battery, alongside Dynanonic, Hunan Yuneng, SEMCORP and other key suppliers. The event will also highlight advancements in smart battery management systems (BMS) and energy storage solutions. In a move to streamline event access, CIBF2025 has set up two registration entrances (North/South), in anticipation of the more than 400,000 professional buyers and visitors worldwide, who are looking forward to the opportunities for networking and deal-making. 

CIBF exhibit
CIBF exhibit

Attendees to the CIBF2025 Conference on the Frontier Technology of Advanced Batteries taking place concurrently will discuss critical industry themes of the day, with a focus on the lastest advancements in lithium-ion batteries, battery safety and testing, solid-state and next-gen batteries, high-power fast charging, sodium-ion batteries, advanced materials, and smart manufacturing with digital twins

Additionally, the event will host several high-level forums including the Electric Aviation & Next-Gen Batteries (CIBF2025 Shenzhen) Technical Conference, the CIBICS Battery Industry Cooperation Forum, and the Isotope Nuclear Battery Status and Future Development Symposium, in addition to more than 200 technical presentations to decode emerging trends and explore the future of battery ecosystems.

CIBF2023 conference on-site
CIBF2023 conference on-site

The TWh Era Arrives: Batteries Power Economic Growth

China’s lithium battery industry achieved landmark growth in 2024, with total output surging 24% year on year to 1,170GWh and industry valuation exceeding 1.2 trillion yuan. The sector demonstrated balanced growth across key applications: consumer electronics (84GWh); energy storage (260GWh); and power batteries (826GWh). Total installations surpassed 645GWh, reflecting a year-on-year increase of 48%. 

CIBF Exhibition Hall
CIBF Exhibition Hall

Electric vehicles (EVs) have cemented China’s leadership in the global battery revolution. With 2024 power battery shipments rising to 1,157GWh worldwide, the industry has decisively crossed into the TWh era – a milestone underscored by Chinese firms’ growing market dominance.

The lithium battery boom extends beyond EVs, with energy storage deployments reaching record highs. According to BloombergNEF and SNE Research, global installations for energy storage exceeded 175GWh in 2024, while shipments surged 64% year-on-year to 303GWh. Chinese battery manufacturers are emerging as key drivers of the global clean energy transition.

The low-altitude economy has evolved into a strategic growth sector, featured prominently in regional government blueprints and poised to unlock a new trillion-yuan market. Over 10 innovative applications—among them, air taxis, emergency rescue systems, drone logistics, and regional air mobility—are creating unprecedented demand for advanced battery solutions. 

As new entrants flood this high-potential market, competition is accelerating breakthroughs in critical technologies, including enhanced safety protocols, ultra-fast charging capabilities, high energy density solutions, and extended cycle life performance.

Join the event at CIBF2025, May 15-17, 2025, at the Shenzhen Convention & Exhibition Center.

CIBF2025
CIBF2025

 

DB HiTek to Participate in PCIM 2025, Strengthening Marketing in Europe

Germany’s Largest Power Semiconductor Exhibition in Nuremberg (May 6–8)
… Sharing the latest developments in Analog & Power, Specialty CIS, SiC and GaN technologies 

SEOUL, South Korea, April 7, 2025 /PRNewswire/ — DB HiTek, a leading 8-inch foundry company, will participate in PCIM 2025, Europe’s largest power semiconductor exhibition, held in Nuremberg, Germany, from May 6 to May 8 (local time), to expand its presence in the European market.

At the exhibition, DB HiTek plans to showcase the latest technology developments in its world-best BCDMOS, Specialty CIS, and the next-generation power semiconductor SiC and GaN. Notably, the company’s SiC and GaN power semiconductor processes, which DB HiTek has been actively developing as key future growth drivers, will be prominently featured at the event.

In February, DB HiTek secured the basic characteristics of its 8-inch SiC wafer through full in-house processing. The company aims to improve yield and reliability throughout this year and plans to offer the process to its customers by late 2025.

Additionally, DB HiTek has successfully developed an 8-inch GaN process with 650V HEMT characteristics and plans to complete reliability validation within the year. The company announced that it will launch a dedicated GaN MPW service in October, actively supporting customer product evaluations.

According to market research firm Yole Développement, the global SiC and GaN power semiconductor market is expected to grow from $3.6 billion in 2024 to $7.6 billion in 2027, with a high CAGR of 27.6%.

Regarding its participation in PCIM 2025, DB HiTek commented, “This exhibition will provide an opportunity to demonstrate our recognized strengths in supporting fabless customers and collaborating with global clients in the European market.”

DB HiTek has established itself as a global leader in 8-inch Analog and Power semiconductor processes. However, the European customer base remains relatively small compared to other regions. The company aims to use this event to expand its footprint in the growing European market by acquiring new customers and strengthening collaborations with existing clients.

Currently, DB HiTek is mass-producing chips for 400 companies, with cumulative shipments of 6 million 8-inch wafers for Analog and Power semiconductor. The company has also secured Specialty CIS process technologies, including X-ray sensors, Global Shutter, and SPAD, and is actively engaged in mass production with various partners. Its semiconductor applications span mobile, consumer, and industrial sectors, with a growing share of automotive chips in recent years.

TDCX acquires Open Access BPO to capitalize on global shift towards strategic outsourcing

  • Adds delivery locations in Davao, Manila and Taipei
  • Eyes opportunities to support foundation model and autonomous vehicle companies
SINGAPORE – Media OutReach Newswire – 7 April 2025 – TDCX, an award-winning digital customer experience (CX) solutions provider for technology and blue-chip companies, today announced its acquisition of Open Access BPO, a United States (US) headquartered outsourcing company. The acquisition strengthens TDCX’s ability to meet the growing demand for strategic outsourced services, with new locations in Davao, Manila and Taipei, as companies seek to leverage outsourcing to cope with the fast-changing business environment and tight labor market.

The global business process outsourcing (BPO) market is expected to hit US$491.53 billion by 2029, with Asia alone growing at a compounded annual growth rate of 5.9 per cent to become a US$109.92 billion industry by 2029[1]. The ability for BPO partners to deliver intelligent solutions with better insights and problem-solving for more complex issues makes it an attractive option for companies, increasing their agility and freeing them up to focus on core competitive business activities.

Mr. Laurent Junique, CEO and Founder, TDCX, said, “Business cycles are moving more quickly than ever. Strategic outsourcing is similarly evolving at a rapid pace. Companies at the forefront of leveraging strategic outsourcing see it as a critical driver for innovation, flexibility, and global expansion and our acquisition of Open Access BPO strengthens our ability to seize these opportunities. With our combined delivery locations and deepened expertise in verticals including fintech and healthtech, we will be able to create greater value for our colleagues and clients.

“This milestone is another step in our ambition to support the growth of the digital economy. Over the last two decades, we have been a key partner to many ‘born-digital’ companies as they scaled their operations. We now see a new wave of innovators and industries such as foundation model companies building artificial intelligence that can reason and generate human-like text, autonomous vehicle firms revolutionizing transportation and humanoid robotics companies creating intelligent machines for labor and logistics. Many of these barely existed a decade ago and we see great potential in supporting companies that are now shaping the future of technology and business.”

Mr. Ben Davidowitz, CEO, Open Access BPO, said, “The outsourced CX industry is poised for growth, driven by the increasing demand for personalized customer experiences and adoption of advanced technologies. By joining forces with TDCX, we open more options for our clients and have greater scale to compete on the global stage. Our employees will similarly benefit from the combined organization, given the strong cultural alignment and common desire to provide fulfilling careers for our people. I would like to take the opportunity to thank our employees for their outstanding work and dedication to our valued clients. Looking ahead, we are eager to leverage our strengths and further our passion for delivering exceptional CX.”

Both companies will continue to operate under their respective brands to ensure a seamless transition for employees, clients, and partners. Open Access BPO’s leadership, specifically Mr. Davidowitz, CEO, and Mr. Henry Chang, President and co-founder, will continue to serve as advisors. Joy Sebastian, Vice President of Global Operations at Open Access BPO, along with the rest of the leadership team, will continue to play a key role in managing operations to ensure a smooth transition for clients.

Baird acted as financial advisor to Open Access BPO, with Reed Smith LLP as its legal counsel. Clark Hill PLC served as legal advisor to TDCX.


[1] Source: Business Process Outsourcing: market data & analysis, Statista Market Insights 2024.

Hashtag: #TDCX


The issuer is solely responsible for the content of this announcement.

About TDCX

Singapore-based TDCX is a global business process outsourcing (BPO) leader, offering advanced customer experience (CX) solutions, sales and digital marketing services, and content moderation. It caters to industries like digital advertising, social media, e-commerce, fintech, gaming, healthtech, media, tech, and travel & hospitality.

TDCX’s smart, scalable approach—driven by innovation and operational precision—positions it as a key partner for companies targeting tangible outcomes.

With more than 20,000 employees spanning 39 locations worldwide, TDCX delivers robust coverage across Asia, Europe, and the U.S. Check out for more info.

About Open Access BPO

Founded in 2006, Open Access BPO is a high-growth provider of omnichannel and multilingual client experience, back-office support and content moderation solutions, providing end-to-end business operations support to global blue-chip companies in the healthcare, technology, financial services, e-commerce, and human capital management industries.

Open Access BPO’s solutions aim to help global brands manage their clients’ needs while enriching consumer experiences across multiple touch points and channels.

Open Access BPO leverages an effective Asia-based offshore delivery model with cost-efficient and scalable operations in the Philippines and Taiwan.

ABL Bio Announces Grabody-B Brain Delivery Platform License Agreement with GSK to Develop Novel Medicines for Neurodegenerative Diseases

– ABL Bio and GSK enter into a multi-program agreement to develop novel medicines for neurodegenerative diseases

– Programs will leverage ABL Bio’s Grabody-B platform technology to effectively deliver molecules across the blood-brain barrier

– ABL Bio to receive up to £77 million in upfront and near-term payments 

SEONGNAM, South Korea, April 7, 2025 /PRNewswire/ — ABL Bio Inc. (KOSDAQ: 298380), a clinical-stage biotech company developing bispecific antibody technology for immuno-oncology and neurodegenerative diseases, announced a worldwide licensing agreement enabling GSK to develop novel medicines for neurodegenerative diseases by utilizing ABL Bio’s blood-brain barrier (BBB) shuttle platform, Grabody-B. The agreement aims to develop multiple programs for novel targets across therapeutic modalities including antibody, polynucleotide or oligonucleotides, such as siRNA and ASOs, to address significant unmet medical needs of patients suffering from neurodegenerative conditions.

The blood-brain barrier (BBB) serves as a protective barrier that restricts the entry of harmful substances and agents into the brain and is considered a significant obstacle in the development of treatments for neurological diseases. ABL Bio’s Grabody-B was developed to overcome the limitations of existing drugs that have difficulty crossing the BBB by targeting the Insulin-like Growth Factor 1 Receptor (IGF1R), facilitating drug penetration across the BBB and enabling efficient delivery into the brain.

Under the terms of the agreement, ABL Bio will receive up to £77.1 million in upfront and near-term payments, including an immediate upfront payment of £38.5 million, research milestones and potential program expansion. In total, ABL Bio is eligible to receive up to £2.075 billion in research, development, regulatory and commercialization milestone payments across multiple potential programs. ABL Bio will receive tiered royalties on net sales if products are successfully commercialized. As part of the agreement, ABL Bio will transfer Grabody-B-related technology and know-how to GSK, while GSK will assume responsibility for preclinical and clinical development, manufacturing, and commercialization.

Christopher Austin, SVP of Research Technologies, GSK, said “There is a critical need for new therapeutics to treat neurodegenerative brain diseases, which are rapidly increasing in prevalence due to the aging of the population. Many of the most promising new therapies are antibodies, which cannot efficiently reach the brain without a shuttle to get them across the BBB. This agreement reflects our commitment to innovative platform technologies to overcome the BBB and thus open entirely new opportunities for treating these devastating diseases, an important component of our emerging pipeline.”

Sang Hoon Lee, CEO of ABL Bio said “This agreement underscores ABL Bio’s leadership in BBB technology and its commitment to advancing transformative therapeutics in neurodegenerative diseases through strategic partnership with global pharmaceutical leaders like GSK. Additionally, this agreement will serve as a great opportunity to strengthen ABL Bio’s position in the neurodegenerative disease treatment market through the potential commercialization of Grabody-B and to expand the modality areas where Grabody-B can be utilized. Given the increasing number of patients suffering from neurodegenerative diseases such as Alzheimer’s and Parkinson’s diseases, we hope this partnership will accelerate the development of innovative treatments and bring renewed hope to patients worldwide.”

About ABL Bio

ABL Bio is developing various clinical and non-clinical assets based on its bispecific antibody platform ‘Grabody’. Clinical projects for 7 pipelines, including ABL301, ABL001 (tovecimig), ABL111 (givastomig), ABL503 (ragistomig), ABL105, ABL202, and ABL103, are underway for different indications in various countries, including the United States, China, Australia, and Korea. In case of ABL001 (tovecimig), has been granted Fast Track designation by the U.S. Food and Drug Administration (FDA) to support the rapid development of this new drug candidate. In addition, ABL111 (givastomig), co-developed with I-Mab, is expected to disclose the top-line data from the Phase 1b clinical trial in 2025, evaluating the triple combination therapy with nivolumab and chemotherapy. Meanwhile, ABL Bio is preparing to initiate clinical trials for ABL104. In addition, ABL Bio is continuously researching and developing several other product candidates, including bispecific antibody-drug conjugates (ADCs).