Latest news with #ABVCBioPharma
Associated Press
06-08-2025
- Business
- Associated Press
ABVC BioPharma Gains Confidence From International Investors to Support Growth Path
SILICON VALLEY, CA - August 6, 2025 ( NEWMEDIAWIRE ) - ABVC BioPharma, Inc. (NASDAQ: ABVC) ('Company'), a clinical-stage biopharmaceutical company developing therapeutic solutions in ophthalmology, CNS (central nervous systems), and oncology/hematology, is pleased to share that it has received continued investment support from international investors. These investors, after an independent evaluation of the Company's business and operations, made a private investment into the Company's equity; demonstrating belief in the Company's current and future plans. The capital raised through these placements - totaling over USD 2.5 million - provides ABVC near-term operating flexibility and reflects growing confidence in its therapeutic innovations. The structured six-month lock-up period underlines their intent to support the Company through its next milestones. 'Teams evolve, ideas shift - but what remains constant is the credibility of the product,' said Dr. Uttam Patil, ABVC's Chief Executive Officer. 'We are building a company grounded in real science and long-term value. Our team is working tirelessly to translate the Company's potential into real success.' The support gained from these investments gives ABVC's management and Board validation of the Company's product vision and the team's leadership and strategic execution. With this foundation in place, ABVC is actively pursuing additional partnerships and licensing - to advance its clinical programs and expand shareholder value. About ABVC BioPharma & Its Industry ABVC BioPharma is a clinical-stage biopharmaceutical company with an active pipeline of six drugs and one medical device (ABV-1701/Vitargus(R)) under development. For its drug products, the Company utilizes in-licensed technology from its network of world-renowned research institutions to conduct proof-of-concept trials through Phase II of clinical development. The Company's network of research institutions includes Stanford University, University of California at San Francisco, and Cedars-Sinai Medical Center. For Vitargus(R), the Company intends to conduct pivotal clinical trials (Phase III) through global partnerships. Forward-Looking Statements This press release contains 'forward-looking statements.' Such statements may be preceded by the words 'intends,' 'may,' 'will,' 'plans,' 'expects,' 'anticipates,' 'projects,' 'predicts,' 'estimates,' 'aims,' 'believes,' 'hopes,' 'potential,' or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified, and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. None of the outcomes expressed herein are guaranteed. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) our inability to manufacture our product candidates on a commercial scale on our own, or in collaboration with third parties; (ii) difficulties in obtaining financing on commercially reasonable terms; (iii) changes in the size and nature of our competition; (iv) loss of one or more key executives or scientists; and (v) difficulties in securing regulatory approval to proceed to the next level of the clinical trials or to market our product candidates. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the Securities and Exchange Commission (SEC), including the Company's Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors are urged to read these documents free of charge on the SEC's website at The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise. This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company's securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation or sale of any of the Company's securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. Contact: Uttam Patil Email: [email protected] View the original release on
Associated Press
01-08-2025
- Business
- Associated Press
OncoX Deepens ABVC Alliance
CEO Yen Wen Pin's IPO Vision Gains Traction as OncoX Expands Pipeline SILICON VALLEY, CA - August 1, 2025 ( NEWMEDIAWIRE ) - ABVC BioPharma, Inc. (NASDAQ: ABVC) ('Company'), a clinical-stage biopharmaceutical company developing therapeutic solutions in ophthalmology, CNS (central nervous systems), and oncology/hematology, today shared a strategic update on its ongoing collaboration with OncoX BioPharma, Inc., a rising oncology player that has licensed four IND-stage drug assets from ABVC. The two companies have taken another step forward, as OncoX continues to unlock funding to support product advancement under its bold, innovation-driven roadmap. Led by its CEO, Mr. Yen Wen Pin, OncoX has leveraged its core competencies in natural product innovation and dietary supplements to build a unique position in oncology. The Company is actively translating its strengths into a pipeline of immunotherapy-driven treatments supported by ABVC's IND-stage programs. Mr. Yen's strategic vision includes building long-term revenue streams through therapeutic innovation and cross-sector expansion. 'We are building OncoX with a long-term vision to deliver real value to patients and investors,' said Mr. Yen Wen Pin, CEO of OncoX BioPharma. 'Through the licensed INDs from ABVC and continued collaboration, we're pushing forward innovative therapies that will anchor our strategy and will help facilitate our momentum, stability, and strong identity in the cancer therapeutics space.' OncoX's platform centers around immunotherapy-inspired cancer treatments derived from ABVC's clinical-stage portfolio. Each program represents a carefully selected opportunity - designed not for the sake of headlines, but for real progress. OncoX has deliberately raised capital in phases, allocating it directly to the development of these candidates. Its recent funding efforts have led to the fulfillment of an additional milestone payment, a sign of both operational discipline and intent. 'We view this partnership as a case study in how smart biotech collaborations can grow over time,' said Dr. Uttam Patil, ABVC's Chief Executive Officer. 'OncoX's consistent execution has translated into steady licensing revenue for ABVC and increasing momentum around these oncology programs. We're optimistic about what the next chapters will bring.' Including this latest milestone, ABVC and its subsidiaries have now recorded a total of $1.396 million in cumulative licensing income from OncoX and other strategic partners, including AiBtl BioPharma and ForSeeCon Eye Corporation. With each step forward, OncoX brings new definition to its roadmap - blending innovation with pragmatism, and aligning business development efforts with the scientific potential of its pipeline. OncoX remains focused on developing not only drug candidates, but a revenue-generating model grounded in credibility and commercial viability. About OncoX BioPharma OncoX BioPharma is a clinical-stage biopharmaceutical company focused on developing next-generation cancer immunotherapies derived from natural sources. The company currently has three proprietary pipeline programs, including its lead product candidate targeting solid tumors and hematologic malignancies, which has demonstrated promising safety and efficacy in early-phase clinical studies and received four INDs (Investigational New Drug Applications) approved by the U.S. FDA. The Company believes that the estimated total market opportunity of its oncology pipeline, inclusive of its existing licensing agreements and assets, is significant. In addition to its therapeutic pipeline, OncoX is actively expanding into cancer-supportive care and preventative health through proprietary natural ingredients. The company has also acquired the Lycogen(R) extraction platform to enter adjacent fields including preventative medicine, chronic disease care (such as benign prostatic hyperplasia, diabetic wound healing), aesthetic medicine, and animal health. These cross-sector applications are projected to reach a global market size of $187 million by 2030, according to Allied Market Research. [1] OncoX operates under a strategic collaboration and manufacturing framework with BioKey Inc., a U.S. FDA-registered facility. The company is expanding its global footprint, with development and commercialization plans in the United States, Japan, Taiwan, and other key Asia-Pacific markets. OncoX is currently preparing for future clinical milestones and pursuing long-term international partnerships to bring its innovative therapies to patients worldwide. [1] About ABVC BioPharma & Its Industry ABVC BioPharma is a clinical-stage biopharmaceutical company with an active pipeline of six drugs and one medical device (ABV-1701/Vitargus(R)) under development. For its drug products, the Company utilizes in-licensed technology from its network of world-renowned research institutions to conduct proof-of-concept trials through Phase II of clinical development. The Company's network of research institutions includes Stanford University, University of California at San Francisco, and Cedars-Sinai Medical Center. For Vitargus(R), the Company intends to conduct pivotal clinical trials (Phase III) through global partnerships. Forward-Looking Statements This press release contains 'forward-looking statements.' Such statements may be preceded by the words 'intends,' 'may,' 'will,' 'plans,' 'expects,' 'anticipates,' 'projects,' 'predicts,' 'estimates,' 'aims,' 'believes,' 'hopes,' 'potential,' or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified, and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. None of the outcomes expressed herein are guaranteed. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) our inability to manufacture our product candidates on a commercial scale on our own, or in collaboration with third parties; (ii) difficulties in obtaining financing on commercially reasonable terms; (iii) changes in the size and nature of our competition; (iv) loss of one or more key executives or scientists; and (v) difficulties in securing regulatory approval to proceed to the next level of the clinical trials or to market our product candidates. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the Securities and Exchange Commission (SEC), including the Company's Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors are urged to read these documents free of charge on the SEC's website at The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise. This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company's securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation or sale of any of the Company's securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. Contact: Uttam Patil Email: [email protected]
Yahoo
18-07-2025
- Business
- Yahoo
ABVC BioPharma Records $100,000 Licensing Milestone From ForSeeCon, Strengthening Eye Health Program
SILICON VALLEY, CA - July 18, 2025 (NEWMEDIAWIRE) - ABVC BioPharma, Inc. (NASDAQ: ABVC), a clinical-stage biopharmaceutical company developing therapeutic solutions in ophthalmology, CNS (central nervous systems), and oncology/hematology, today announced the receipt of a $100,000 milestone licensing payment from ForSeeCon Eye Corporation. The milestone marks continued progress under the licensing agreement to develop and commercialize drugs for ophthalmic indications. This payment adds to ABVC's cumulative licensing revenue, which now totals $946,000 across its strategic partnerships with AiBtl, OncoX, and ForSeeCon. Combining the third-party valuation of the products at issue, with the potential equity, royalties, and performance-based payouts available under the applicable agreements, the overall value of this arrangement could reach up to $1.0 billion. "Our collaboration with ForSeeCon reflects our commitment to addressing unmet needs in ophthalmology through both innovation and advanced biologic solutions like Vitargus(R)," said Dr. Uttam Patil, ABVC's Chief Executive Officer. "This milestone payment signals continued commercial interest in our platform and provides important non-dilutive capital to support the next phases of development. At the same time, we're seeing growing enthusiasm around Vitargus(R) from international partners, particularly in Europe and Japan, which we believe could pave the way for future strategic collaborations in those regions." "We are proud to continue our collaboration with ABVC to advance Vitargus(R) into pivotal trials," said Mr. Jerry Chang, CEO of ForSeeCon Eye Corporation. "The global response to Vitargus has been extremely encouraging, particularly from strategic partners in Europe and Japan. We believe this innovative solution has the potential to redefine retinal surgery outcomes and are excited about the international momentum building around it." Targeting a $110B Global Eye Care Market:(1) The ForSeeCon agreement covers Vitargus(R), a next-generation vitreous substitute developed from ABVC's proprietary IP portfolio, and targets a rapidly expanding segment of the global eye care market. Together, ABVC and ForSeeCon plan to initiate pivotal clinical trials in key international markets in 2025. Looking Ahead: This latest payment supports ABVC's strategic roadmap and reflects momentum following:- Multiple late-stage CNS licensing deals (AiBtl BioPharma, $350K to date)- Expansion into oncology with OncoX ($200K milestone to date)- Strong revenue and EPS growth in 2024 With licensing income expected to continue into the second half of 2025, ABVC reaffirms its focus on capital-efficient innovation and unlocking value through global co-development partnerships. Management believes the Company's product pipeline has excellent market potential. According to a Grand View Research report, the global eye care market is projected to reach USD110.3billion by 2030, growing at a compound annual growth rate (CAGR) of 6.9% from2024to2030.(2) (1) (2) About ABVC BioPharma & Its Industry ABVC BioPharma is a clinical-stage biopharmaceutical company with an active pipeline of six drugs and one medical device (ABV-1701/Vitargus(R)) under development. For its drug products, the Company utilizes in-licensed technology from its network of world-renowned research institutions to conduct proof-of-concept trials through Phase II of clinical development. The Company's network of research institutions includes Stanford University, University of California at San Francisco, and Cedars-Sinai Medical Center. For Vitargus(R), the Company intends to conduct pivotal clinical trials (Phase III) through global partnerships. Forward-Looking Statements This press release contains "forward-looking statements." Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential," or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified, and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. None of the outcomes expressed herein are guaranteed. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) our inability to manufacture our product candidates on a commercial scale on our own, or in collaboration with third parties; (ii) difficulties in obtaining financing on commercially reasonable terms; (iii) changes in the size and nature of our competition; (iv) loss of one or more key executives or scientists; and (v) difficulties in securing regulatory approval to proceed to the next level of the clinical trials or to market our product candidates. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the Securities and Exchange Commission (SEC), including the Company's Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors are urged to read these documents free of charge on the SEC's website at The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise. This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company's securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation or sale of any of the Company's securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. Contact:Uttam PatilEmail: uttam@ View the original release on
Associated Press
24-06-2025
- Business
- Associated Press
ABVC BioPharma Converts Strategic Note Into Equity in AiBtl BioPharma; Commits to Up to $20 Million in Total Investment
SILICON VALLEY, CA - June 24, 2025 ( NEWMEDIAWIRE ) - ABVC BioPharma, Inc. (NASDAQ: ABVC) ('Company'), a clinical-stage biopharmaceutical company developing therapeutic solutions in ophthalmology, CNS (central nervous systems), and oncology/hematology, announced today that it has converted its initial $100,000 convertible note into 10,000 shares of common stock of AiBtl BioPharma Inc. at a conversion price of $10 per share. The conversion price is supported by an independent third-party valuation report, which estimated the current fair value of AiBtl's equity. In addition, ABVC disclosed its intention to invest up to $20 million in AiBtl over time, further reinforcing its role as a lead strategic investor. ABVC expects that AiBtl will utilize the additional funds to fulfill its licensing obligations and collaborate with global pharma partners to accelerate Phase III development. ABVC will continue executing its capital-light strategy by investing in innovative partners through a combined licensing and equity model. AiBtl currently holds exclusive global development and commercialization rights to ABVC's two CNS drug candidates, ABV-1504 and ABV-1505, under a previously announced licensing agreement. The agreement includes equity, milestone payments and royalties, with each of ABVC and its subsidiary BioLite entitled to receive up to 23 million shares of AiBtl common stock (totaling 46 million shares), up to $7 million in cash milestone payments, and future sales-based royalties, if achieved. 'As both the licensing partner and anchor investor, ABVC is committed to AiBtl's success,' said Dr. Uttam Patil, ABVC Chief Executive Officer. 'This investment strengthens AiBtl's ability to advance its pipeline, while also positioning ABVC to benefit from future milestone and royalty revenues.' About AiBtl BioPharma Inc. AiBtl BioPharma Inc. is a Delaware-based biopharmaceutical company focused on the development of botanical-based therapeutic candidates for central nervous system (CNS) disorders, including major depressive disorder (MDD) and attention deficit hyperactivity disorder (ADHD). Leveraging a combination of traditional botanical knowledge and modern clinical research, AiBtl seeks to advance drug candidates derived from Polygala tenuifolia, a traditional medicinal herb. AiBtl operates with a strategic focus on Asia-Pacific markets and is exploring collaborative opportunities with global pharmaceutical partners to support late-stage development and commercialization. ABVC BioPharma currently holds a majority ownership stake in AiBtl. About ABVC BioPharma & Its Industry ABVC BioPharma is a clinical-stage biopharmaceutical company with an active pipeline of six drugs and one medical device (ABV-1701/Vitargus(R)) under development. For its drug products, the Company utilizes in-licensed technology from its network of world-renowned research institutions to conduct proof-of-concept trials through Phase II of clinical development. The Company's network of research institutions includes Stanford University, University of California at San Francisco, and Cedars-Sinai Medical Center. For Vitargus(R), the Company intends to conduct pivotal clinical trials (Phase III) through global partnerships. Forward-Looking Statements This press release contains 'forward-looking statements.' Such statements may be preceded by the words 'intends,' 'may,' 'will,' 'plans,' 'expects,' 'anticipates,' 'projects,' 'predicts,' 'estimates,' 'aims,' 'believes,' 'hopes,' 'potential,' or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified, and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. None of the outcomes expressed herein are guaranteed. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) our inability to manufacture our product candidates on a commercial scale on our own, or in collaboration with third parties; (ii) difficulties in obtaining financing on commercially reasonable terms; (iii) changes in the size and nature of our competition; (iv) loss of one or more key executives or scientists; and (v) difficulties in securing regulatory approval to proceed to the next level of the clinical trials or to market our product candidates. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the Securities and Exchange Commission (SEC), including the Company's Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors are urged to read these documents free of charge on the SEC's website at The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise. This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company's securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation or sale of any of the Company's securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. Contact: Uttam Patil Email: [email protected] View the original release on
Associated Press
01-05-2025
- Business
- Associated Press
ABVC BioPharma Announces First Quarter 2025 Financial Results and Strategic Planning for AI-Driven Agricultural Project in Taiwan
SILICON VALLEY, CA - May 1, 2025 ( NEWMEDIAWIRE ) - ABVC BioPharma, Inc. (NASDAQ: ABVC), a clinical-stage biopharmaceutical company developing botanical-based therapies for central nervous system, oncology, and ophthalmology indications, today announced its financial results for the first quarter ended March 31, 2025, and shared updates on its strategic plan to explore the development of an AI-enabled agricultural facility in Taiwan. First Quarter 2025 Highlights In the first quarter of 2025, ABVC recognized a parcel of land in central Taiwan valued at $7,670,000 as a strategic asset. The Company is currently assessing the feasibility of developing this site into a state-of-the-art, AI-integrated agricultural facility designed to meet Good Agricultural Practices (GAP) standards. There can be no assurance that the project will be implemented as currently envisioned, or that any future development on the site will be successfully completed. If implemented, the project could leverage local AI capabilities to enable precision-controlled agriculture and contribute to a more sustainable and traceable botanical supply chain. This strategic initiative aligns with ABVC's long-term vision to enhance vertical integration, improve material consistency, and support its future botanical drug pipeline. 'We believe this potential AI-driven agricultural project reflects our forward-looking approach to sustainable pharmaceutical innovation,' said Dr. Uttam Patil, CEO of ABVC BioPharma. 'As we continue to advance our clinical pipeline, we are also taking steps to evaluate infrastructure that could support long-term scalability.' The Company emphasized that the land recognition follows applicable accounting standards and responds to prior disclosures related to asset valuation methodology in the 2024 Form 10-K. Selected Financial Data for Q1 2025 (unaudited): ABVC remains committed to executing its clinical development programs and evaluating strategic infrastructure opportunities to support long-term commercialization and partnership growth. About ABVC BioPharma & Its Industry ABVC BioPharma is a clinical-stage biopharmaceutical company with an active pipeline of six drugs and one medical device (ABV-1701/Vitargus(R)) under development. For its drug products, the Company utilizes in-licensed technology from its network of world-renowned research institutions to conduct proof-of-concept trials through Phase II of clinical development. The Company's network of research institutions includes Stanford University, University of California at San Francisco, and Cedars-Sinai Medical Center. For Vitargus(R), the Company intends to conduct global clinical trials through Phase III. For more information about ABVC and its subsidiaries, stay updated on the latest updates or visit Visit for more information on BioLite Japan. ABVC urges its shareholders to sign up on the Company's website for the latest news alerts; visit Forward-Looking Statements This press release contains 'forward-looking statements,' including statements regarding the Company's plans to develop an agricultural facility in Taiwan Such statements may be preceded by the words 'intends,' 'may,' 'will,' 'plans,' 'expects,' 'anticipates,' 'projects,' 'predicts,' 'estimates,' 'aims,' 'believes,' 'hopes,' 'potential,' or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified, and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. None of the outcomes expressed herein are guaranteed. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) our inability to manufacture our product candidates on a commercial scale on our own, or in collaboration with third parties; (ii) difficulties in obtaining financing on commercially reasonable terms; (iii) changes in the size and nature of our competition; (iv) loss of one or more key executives or scientists; and (v) difficulties in securing regulatory approval to proceed to the next level of the clinical trials or to market our product candidates. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the Securities and Exchange Commission (SEC), including the Company's Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors are urged to read these documents free of charge on the SEC's website at The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise. This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company's securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation or sale of any of the Company's securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. Contact: Dr. Uttam Patil Email: [email protected]
