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PSMC Founder Frank Huang Backs BGM-2121: World-First PTHrP Target Enters Ph1 TrialsDec 02, 2025

Biogate Co. Ltd., backed by Powerchip Group founder Frank Huang, has received clearance from both the U.S. FDA and Taiwan TFDA to initiate Phase 1 clinical trials for BGM-2121. This is a world-first monoclonal antibody targeting PTHrP (Parathyroid Hormone-related Protein).

Scientific Breakthrough:

  • The Target: PTHrP is a "master driver" in highly malignant solid tumors (pancreatic, lung, and esophageal cancers). It promotes tumor invasion, triggers malignant hypercalcemia, and induces cachexia (rapid muscle/fat loss).
  • Strategy: BGM-2121 utilizes a "ligand neutralization" strategy. It intercepts PTHrP before it can bind to its receptor, blocking tumor progression and systemic complications without affecting normal physiological PTH function.
  • Clinical Timeline: The Phase 1 trial aims to enroll 30 patients, with completion targeted for late 2025. Syncore plans to list on the Emerging Stock Market in Q3 2025.
  • Vision: Frank Huang, who holds a PhD in medicine, emphasized that BGM-2121 addresses the "upstream" drivers of cancer. He stated that while semiconductors are a business, biotechnology is his true passion, and he intends to focus more deeply on the life sciences sector.

Resource: 黃崇仁投資智合 全球首創標靶抗體BGM-2121啟動美、台一期臨床試驗