Biocytogen Enters into Antibody Licensing Agreement with BeOne Medicines to Accelerate Innovative Drug Development
BEIJING — Biocytogen Pharmaceuticals (Beijing) Co., Ltd. (Biocytogen, HKEX: 02315), a global biotechnology company that drives the research and development of novel antibody-based drugs with innovative technologies, today announced that it has entered into a global licensing agreement with BeOne Medicines Ltd., a global oncology company, for multiple fully human antibodies.
Article content
Prior to this licensing agreement, BeOne Medicines had obtained a license to use Biocytogen's RenMice ® fully human antibody platform. Building on this established collaboration, the new agreement expands the partnership into antibody license, further strengthening the strategic relationship between the two companies.
Article content
Article content
Dr. Yuelei Shen, President and CEO of Biocytogen, said, 'BeOne Medicines is a global leader in drug development, and we are thrilled to enter into this strategic collaboration. The antibodies licensed under this agreement were discovered using our proprietary RenMice ® fully human antibody platform, highlighting our ability to empower partners in driving innovative drug discovery. We look forward to seeing these promising molecules progress rapidly into the clinic and ultimately bring transformative treatment options to patients worldwide.'
Article content
Under the terms of the agreement, Biocytogen will receive an upfront payment from BeOne Medicines. In addition, Biocytogen is eligible to receive development and regulatory milestone payments, commercial milestone payments, and tiered royalties based on future net sales of licensed products.
Article content
About Biocytogen
Article content
Biocytogen (HKEX: 02315) is a global biotechnology company that drives the research and development of novel antibody-based drugs with innovative technologies. Founded on gene editing technology, Biocytogen leverages genetically engineered proprietary RenMice ® (RenMab ™ / RenLite ® / RenNano ® / RenTCR-mimic™) platforms for fully human monoclonal/bispecific/multispecific antibody discovery, bispecific antibody-drug conjugate discovery, nanobody discovery and TCR-mimic antibody discovery, and has established a sub-brand, RenBiologics™, to explore global partnerships for an off-the-shelf library of >1,000,000 fully human antibody sequences against over 1000 targets for worldwide collaboration. As of December 31, 2024, approximately 200 therapeutic antibody and multiple clinical asset co-development/out-licensing/transfer agreements and over 50 target-nominated RenMice ® licensing projects have been established around the globe, including several partnerships with multinational pharmaceutical companies (MNCs). Biocytogen pioneered the generation of drug target knock-in humanized models for preclinical research, and currently provides a few thousand off-the-shelf animal and cell models under the company's sub-brand, BioMice™, along with preclinical pharmacology and gene-editing services for clients worldwide. Headquartered in Beijing, Biocytogen has branches in China (Haimen Jiangsu, Shanghai), USA (Boston, San Francisco, San Diego), and Germany (Heidelberg). For more information, please visit http://en.biocytogen.com.cn.
Article content
Article content
Article content
Article content
Contacts
Article content
Biocytogen Contacts
Article content
Article content
Antibody assets and platforms:
Article content
Article content
Article content
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
27 minutes ago
- Globe and Mail
Edge Computing Market Innovations 2030, Technology Growth, Leading Companies, Future Scope & Opportunities
"HPE (US), AWS (US), Dell Technologies (US), Cisco (US), Microsoft (US), IBM (US), Google (US), Nvidia (US), Intel (US), Huawei (China)." Edge Computing Market by Component (Edge Hardware (Servers, Gateways, Sensors, Devices), Edge Software (Data Management)), Edge Application (Edge AI & Inference, Real-Time Processing & Control, Immersive & Interactive Experiences) - Forecast to 2030. The global edge computing market is growing very quickly. It is estimated to grow from about USD 168.40 billion in 2025 to USD 249.06 billion by 2030, at a compound annual growth rate of 8.1%. The edge computing market is experiencing significant growth, driven by four primary factors reshaping enterprise IT deployment models. The rapid adoption of IoT across industries such as manufacturing, transportation, healthcare, and energy generates large volumes of decentralized data, requiring real-time processing at or near the data source to ensure operational efficiency. At the same time, the increasing reliance on low-latency applications, ranging from autonomous systems to immersive digital experiences, is prompting infrastructure investments that minimize data transmission delays by bringing compute closer to the edge. Download PDF Brochure@ IoT & industrial automation application to register the largest market share during the forecast period The IoT & industrial automation application segment is expected to register the largest market share during the forecast period. This segment covers key functions such as device management and protocol bridging, robotics coordination, and asset and inventory tracking, which are fundamental to driving industrial digital transformation. Manufacturing, utilities, logistics, and oil and gas organizations are embracing edge computing to efficiently manage millions of connected devices generating real-time operational data across dispersed environments. Edge nodes process and analyze sensor information related to temperature, vibration, flow, and energy use directly at the source, facilitating rapid alerts, automatic equipment shutdowns, or load adjustments that safeguard assets and ensure energy efficiency. The ability to coordinate robotics, synchronize operations, and maintain seamless industrial communication through protocols such as OPC-UA and MQTT gives vendors a strong foundation for delivering reliable and scalable solutions that bridge diverse systems. In highly regulated industries, built-in cybersecurity measures and audit logging within edge architectures help meet strict compliance requirements and protect critical infrastructure. For solution providers, the surge in IoT and automation adoption means investing in robust device management, lightweight AI and analytics deployment, and support for interoperability across equipment manufacturers. By focusing on streamlined integration, predictive maintenance, and automated workflows, vendors can enable customers to achieve higher operational efficiency, safety, and autonomy, positioning themselves as essential partners in the expanding digital industrial ecosystem. By component, the edge software segment is poised for the highest growth rate during the forecast period The edge software segment is expected to achieve the fastest growth rate in the edge computing market during the forecast period, resulting from rising demand for solutions that streamline deployment, management, and orchestration of edge workloads. As organizations move significant operations to the edge, in manufacturing, healthcare, and retail sectors, they require advanced software for real-time analytics, security, compliance, and seamless connectivity across distributed environments. In February 2025, Microsoft emphasized the expanding role of edge-native platforms and toolkits for developers, noting integrations that simplify the build, test, and deployment of intelligent edge applications at scale. In March 2025, HPE highlighted enhancements to its edge software portfolio, including automated lifecycle management and improved support for hybrid cloud environments designed to help enterprises operate efficiently across remote sites. Integrating machine learning frameworks and container technologies, such as Kubernetes for the edge, makes it easier for businesses to roll out, update, and secure applications at the edge, driving rapid adoption. For vendors and solution providers, this momentum creates opportunities to focus on building flexible, modular, and interoperable software platforms that cater to industry-specific needs and accelerate digital transformation. By investing in robust support and training programs, developing open-source integrations, and offering managed services, providers can differentiate themselves and capture a larger share of this evolving market. The shift toward software-driven edge architectures signals a clear trend favoring dynamic, scalable solutions that empower organizations to respond quickly to changing requirements and support next-generation applications efficiently. North America accounts for the largest market during the forecast period North America is expected to lead the global edge computing market through its advanced digital infrastructure, widespread 5G availability, and high adoption of distributed technologies, offering a dynamic environment for vendors and enterprises. The region's mature telecommunications networks, strong cloud ecosystems, and deep technology provider engagement enable enterprises to process data closer to its source, delivering real-time insights, compliance, and agility across manufacturing, healthcare, and logistics industries. This infrastructure supports organizations in meeting stringent regulatory requirements and achieving faster, more resilient operations, making North America an attractive region for new edge use cases and investments. Specific developments in May and June 2025, such as HPE's launch of enhanced Edgeline converged edge systems for AI and analytics, and Cisco's expanded IoT Operations Dashboard for centralized management, demonstrate how companies rapidly integrate edge computing into their core operations. For vendors, North America's market dynamics present clear opportunities to increase market share and establish leadership by delivering flexible, industry-tailored platforms, seamless integration, and managed services that simplify adoption. The region's mix of early adopters, technology expertise, and favorable business climate means vendors who anticipate customer needs, prioritize security and regulatory alignment, and support end-to-end edge deployments will stand out. Vendors can secure lasting partnerships and drive long-term expansion in the world's most advanced edge computing market by aligning with North America's integration capabilities, technological leadership, and enterprise demand. Request Sample Pages@ Unique Features in the Edge Computing Market A unique feature of the edge computing market is its ability to process data locally at the network's edge rather than relying solely on centralized cloud servers. This decentralized approach significantly reduces latency, improves response times, and ensures smoother operation for applications that require real-time decision-making, such as autonomous vehicles, smart factories, and healthcare devices. Edge computing provides a higher level of data security by minimizing the need to transmit sensitive information over long distances to centralized data centers. Since data can be processed locally, organizations gain greater control over critical information, reducing exposure to cyber threats and enabling compliance with stringent data protection regulations. The market is characterized by scalable and flexible solutions that can be deployed across a wide range of industries and use cases. Edge infrastructure can be tailored to support everything from small IoT sensors to large-scale industrial operations, making it adaptable to diverse business needs while optimizing bandwidth and storage usage. Edge computing plays a pivotal role in enabling next-generation technologies such as 5G, Artificial Intelligence (AI), and the Internet of Things (IoT). By bringing computation closer to the source of data, it enhances the performance of these technologies, allowing businesses to leverage intelligent automation, predictive analytics, and immersive experiences like AR/VR with minimal delay. Another distinguishing feature is its ability to improve system resilience and reliability. By distributing workloads across multiple edge nodes, businesses can ensure continuous operation even if certain nodes or connections fail. This decentralized resilience is especially vital for mission-critical applications in sectors like energy, healthcare, and transportation. Major Highlights of the Edge Computing Market One of the major highlights of the edge computing market is the increasing demand for ultra-low latency in applications such as autonomous vehicles, smart manufacturing, telemedicine, and immersive AR/VR experiences. Edge computing addresses this by enabling real-time data processing closer to the source, which is essential for mission-critical operations. The rollout of 5G technology is accelerating the adoption of edge computing. With faster data speeds and higher bandwidth, 5G complements edge solutions by delivering enhanced connectivity, thereby driving advancements in IoT, smart cities, and connected devices on a global scale. The market is witnessing broad adoption across diverse sectors including healthcare, retail, energy, logistics, and telecommunications. Each industry is leveraging edge computing to enhance efficiency, improve customer experience, and enable data-driven decision-making tailored to specific business needs. With billions of IoT devices generating massive amounts of data, edge computing has become critical for managing and analyzing information effectively. The edge infrastructure reduces data congestion, improves response time, and enables scalable IoT deployments, making it a key driver of growth in the IoT ecosystem. Data privacy and compliance with regional regulations are becoming major market drivers. By processing data locally, edge computing reduces risks associated with data transmission and ensures greater control over sensitive information, supporting industries that operate under strict regulatory frameworks. Inquire Before Buying@ Top Companies in the Edge Computing Market The major players in the edge computing market include HPE (US), AWS (US), Dell Technologies (US), Cisco (US), Microsoft (US), IBM (US), Google (US), Nvidia (US), Intel (US), and Huawei (China). HPE Hewlett-Packard Enterprise is executing a well-defined edge-to-cloud strategy that positions it as a leader in the edge computing market by delivering secure, scalable, and integrated infrastructure through its HPE GreenLake platform. The company's core competencies include deep expertise in networking, edge infrastructure, cloud-native application management, and intelligent automation. These strengths enable HPE to support complex enterprise requirements for low-latency processing, data sovereignty, and secure device connectivity at the edge. To accelerate its capabilities, HPE has completed several strategic acquisitions, such as Juniper Networks in July 2024 to enhance its AI-driven networking foundation, Axis Security to strengthen secure remote access and Zero Trust architecture, and Morpheus Data to expand orchestration and automation across multi-cloud and hybrid edge environments. These acquisitions reflect vertical integrations, combining hardware, software, and security into a unified offering, and horizontal expansions across connectivity, security, and cloud operations. HPE's approach delivers a single management framework to orchestrate distributed workloads while maintaining performance, compliance, and ease of use. These strategic developments have positioned HPE as a key enabler of next-generation edge computing, with solutions that bridge operational technology and information technology for enterprises worldwide. AWS Amazon Web Services advances its edge computing strategy by delivering a robust ecosystem of distributed cloud services, developer tools, and integrated platforms tailored for low-latency, real-time workloads. AWS's core competencies span global cloud infrastructure, deep experience in IoT and event-driven architectures, and a broad portfolio that includes AWS IoT Greengrass, Wavelength, Local Zones, and CloudFront, enabling seamless data processing and application deployment at or near the data source. The acquisition of Fig in 2024 strengthens AWS's developer-centric edge proposition, integrating advanced command-line and automation capabilities that accelerate development, collaboration, and operational efficiency for edge-centric solutions. AWS also emphasizes security, compliance, and flexibility through continual enhancements to its security frameworks and zero-trust architecture, supporting regulated industries operating at the edge. While AWS's vertical integration unifies compute, storage, networking, and orchestration within a single management plan, its horizontal integration is evident in broad industry adoption and developer ecosystem growth. Through these strategies and continuous innovation, AWS enables enterprises to build, deploy, and manage scalable, secure, and intelligent edge environments worldwide, supporting the next wave of digital transformation. Cisco Cisco is a major player in the Edge Computing Market, offering robust networking and security solutions that extend data processing closer to where data is generated. Through its edge-native platforms, such as Cisco IOx and Edge Intelligence, the company enables real-time analytics, efficient data management, and secure IoT connectivity. Cisco's edge solutions are widely used across smart cities, manufacturing, and transportation sectors, helping businesses reduce latency and enhance operational efficiency. Dell Technologies Dell Technologies brings powerful infrastructure solutions to the Edge Computing Market through its portfolio of rugged edge servers, hyperconverged infrastructure, and edge gateways. With offerings like Dell VxRail and Dell EMC PowerEdge, the company supports real-time processing and AI workloads at the edge. Dell also collaborates with VMware and other ecosystem partners to deliver scalable, secure, and manageable edge deployments across industries such as retail, energy, and healthcare. Microsoft Microsoft is a prominent force in the Edge Computing Market, leveraging its Azure ecosystem to deliver hybrid and edge computing capabilities through Azure Stack Edge and Azure IoT. The company enables data processing and AI model deployment directly at the edge, empowering enterprises to run workloads locally while syncing with the cloud. Microsoft's edge solutions are instrumental in industries like manufacturing, agriculture, and logistics, facilitating low-latency applications and intelligent edge operations.
National Observer
an hour ago
- National Observer
Saskatchewan premier calls on Prime Minister Carney to meet with China's Xi on canola
Saskatchewan Premier Scott Moe said Thursday that he wants Prime Minister Mark Carney to meet with Chinese President Xi Jinping to resolve the trade issues that have led to steep tariffs on Canadian canola products. "It isn't going to be Premier Moe and President Xi that stand up and say, 'We've come to a trade deal here and everything is good moving forward,'" he said. Moe said he will be in China in the next couple of weeks to engage with officials there, but he believes Carney and Xi are the only two people who can ultimately resolve the trade dispute. "There will be opportunities for the president and the prime minister to meet, I think, when you look at the global calendar of events," he told reporters after a meeting with industry groups and federal government representatives in Saskatoon. Federal Agriculture Minister Heath MacDonald joined the meeting virtually, along with Buckley Belanger, Saskatchewan's representative in cabinet. Moe said MacDonald was planning to be in Saskatoon but was not able to get there because of airline disruptions. Both Carney and Xi are expected to be at the G20 meetings in South Africa in November. The Asia-Pacific Economic Co-operation leaders' forum is also being held in South Korea the same month. Moe said Thursday's meeting, which included canola producers and exporters, also included discussions about the challenges with Canada's top export market for canola, the U.S. Moe said he will be in China in the next couple of weeks to engage with officials there, but he believes Carney and Xi are the only two people who can ultimately resolve the trade dispute. China imposed a tariff of nearly 76 per cent on canola seed last week, causing the price of one of Canada's most valuable crops to fall and wiping out millions of dollars in its value. It comes one year after China launched an anti-dumping investigation into Canadian canola, a move in response to Canada's 100 per cent tariff on Chinese electric vehicles, batteries and other products. In response to the Canadian tariffs China has also imposed a 100 per cent tariff on Canadian canola meal and oil. Kody Blois, Carney's parliamentary secretary, said the prime minister plans to be in Western Canada in the coming weeks, "convening stakeholders and the Western premiers about what we can do to support the industry moving forward." "There are a number of options on the table that we could take in the short term to help support the industry from a regulatory side, things that industry has been calling for, whether at the producer level or the processor level," he said. While canola futures are up, Blois said, "there's a lot of uncertainty." Blois said a Joint Economic and Trade Commission meeting is set for next week. That meeting was the result of Carney's bilateral discussion in June with Chinese Premier Li Qiang. "This is an opportunity for Canadian authorities and Chinese authorities to engage on what we see as differences around trade," Blois said. Canada exports nearly $15 billion of canola seed, oil and meal per year, and nearly $5 billion of that went to China in 2024. SaskOilseeds chair Dean Roberts, who was at the Thursday meeting, said farmers are being "used as a pawn in the current geo-political environment." He joined Moe's call for urgent federal action. "Unprecedented market closure amidst an already stressful time of year has a compounding adverse effect on farmers," he said in a statement released by Moe's office.
Globe and Mail
an hour ago
- Globe and Mail
Saskatchewan Premier Scott Moe plans trade mission to China on canola
Saskatchewan Premier Scott Moe is heading to China to discuss market access for Canadian canola – and he wants Prime Minister Mark Carney to join him. The premier says his trade mission will focus on market access for the province's most important export to China, but his powers to convince Beijing to drop a preliminary 75.8 per cent duty on canola are limited. 'It isn't going to be Premier Moe and President Xi that stand up and say we've come to a trade deal here and everything is good moving forward,' Mr. Moe told a press conference on Thursday afternoon from the University of Saskatchewan. 'It is going to be the Prime Minister of Canada, Prime Minister Carney, and President Xi that ultimately are going to speak on behalf of the countries.' Mr. Moe did not provide an exact date for the trip, but said he hoped to travel to China in the next few weeks. The Prime Minister's Office declined to comment. The premier, federal agricultural officials and a number of provincial ministers spoke with industry groups throughout the morning. Federal agriculture minister Heath MacDonald joined the meetings digitally. In the press conference, Parliamentary Secretary Kody Blois stressed the 'nuanced' nature of the trade dispute, which has put Canadian canola squarely in the center of a two front trade war with its largest markets: China and the U.S. Ottawa wants certainty from China before making concessions on canola tariffs, minister says Beijing's announcement last Tuesday came towards the end of a year-long anti-dumping probe. China's Ministry of Commerce said Canada's canola sector had benefited from extensive government subsidies and preferential policies that distorted markets. Many in Canada's canola industry, however, say China's action is instead a political response to Canadian tariffs in other sectors. The move came shortly after Ottawa imposed steel tariffs on China as a way to protect Canada's industry after the U.S. imposed steel duties on this country in July. Previously, Ottawa's decision last year to impose 100-per-cent tariffs on Chinese-made electric vehicles, and 25-per-cent duties on steel and aluminum, resulted in Beijing imposing 100-per-retaliatory tariffs on canola meal and oil in March. More to come. With a report from Ian Bailey.
