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Biotech Industry Gains Momentum: Oneness Biotech and Panion & BF Biotech Advance New Drug Approvals in China

The biotech industry is poised for continued growth in 2025, with Oneness Biotech launching its diabetic foot ulcer treatment, Fespixon, in China, while Panion & BF Biotech's nephropathy drug, Nephoxil, is expected to receive marketing approval from China’s National Medical Products Administration (NMPA). Meanwhile, OBI Pharma’s triple-negative breast cancer drug, OBI-822—developed from glycoscience technology licensed from former Academia Sinica President Chi-Huey Wong—is set for an interim analysis of its Phase III clinical trial, and Rock BioMedical aims to out-license its broad-spectrum vaccine after completing its Phase I trial in the first half of the year.

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