Developer · ABVC · United States

ABVC BioPharma, Inc.

Fremont, California-based biopharmaceutical company (Nasdaq: ABVC), formerly American BriVision, that develops botanical drugs for central nervous system and oncology/hematology indications, typically taking candidates through Phase II and then seeking a partner for Phase III. Its CNS candidates ABV-1504 (major depressive disorder), ABV-1505 (adult ADHD) and ABV-1601 (depression in cancer patients) all use the same active ingredient, PDC-1421, a Radix Polygalae extract developed by its majority-owned Taiwanese subsidiary BioLite, Inc. It also runs a contract development and manufacturing business through its subsidiary BioKey.

1compound
2programs
2indications
Phase 2lead asset

Phase distribution

  • Phase 22

Modality

  • Natural product 1

Mechanism focus

Pipeline (1)

Deals & partnerships

  • Nov 12, 2023Licensing dealABVC and BioLite license MDD and ADHD rights for PDC-1421 to AiBtl BioPharmaABVC BioPharma and its subsidiary BioLite Taiwan each entered a multi-year global licensing agreement with AiBtl BioPharma, a consolidated majority-owned ABVC subsidiary, covering clinical development, registration, manufacturing, supply and distribution of their CNS products for major depressive disorder and ADHD. Each licensor received 23 million AiBtl shares and is eligible for $3.5 million plus royalties of 5% of net sales up to $100 million. The deal followed a binding term sheet announced 2023-10-26.PDC-1421source ↗

Catalysts · 1 upcoming · 2 reported

Recently reported

Recent activity

Competitive landscape

Other companies developing against ABVC BioPharma, Inc.'s targets or indications.