LaNova Medicines is a Shanghai biotechnology company, wholly owned by Sino Biopharmaceutical since July 2025, running 10 late-stage cancer trials of LM-168, LM-108 and LM-299 in gastric & gastro-oesophageal junction cancer.
LaNova Medicines, based in Shanghai, China, is a biotechnology company. In July 2025 Sino Biopharmaceutical bought the 95.09 per cent of LaNova it did not already own, for a total consideration of about USD 951 million, making it an indirect wholly owned subsidiary; LaNova had earlier licensed its PD-1 and VEGF bispecific antibody LM-299 to MSD and its GPRC5D antibody-drug conjugate LM-305 to AstraZeneca. LaNova Medicines is a clinical-stage biopharmaceutical company developing monoclonal antibodies, antibody-drug conjugates and bispecific antibodies for tumour immunology and the tumour microenvironment. On ClinicalTrials.gov it is the lead sponsor of 10 recruiting or active phase 2 and phase 3 interventional cancer trials (1 in phase 3), testing LM-168, LM-108, LM-299, LM101 and LM-350 in gastric & gastro-oesophageal junction cancer. The largest, NCT07362186 (LM-108 in Combination With Toripalimab Versus Paclitaxel Injection for the Treatment of Subjects With CCR8-Positive Gastric and Gastroesophageal Junction Adenocarcinoma), plans to enrol 400 participants. Sponsor and trial facts are from the ClinicalTrials.gov registry; company facts are from the official website.
Investors not recorded; see the round sources.
| Round | Year | Amount | Source |
|---|---|---|---|
| Acquisition · Sino Biopharmaceutical acquired the remaining 95.09% for a total consideration of approximately USD 950,916,000 (about RMB 6.78 billion), stated in its 2025 annual report (note 37); agreement announced 15 July 2025, and the annual report dates the full acquisition to July 2025 | 2025 | $951M | www1.hkexnews.hk |
Amounts only where the cited source states them. Rounds without a public source are not listed.
LM-108 is an experimental monoclonal antibody from Chia Tai Tianqing Pharmaceutical Nanjing Shunxin Pharmaceutical in phase 3 trials for pancreatic ductal adenocarcinoma and gastric & gastro-oesophageal junction cancer, with its target not yet stated publicly.
Shares A LM-302 Combination With Other Anti-Tumor Therapies Phase ll Study, Sino Biopharmaceutical (Chia Tai Tianqing), Gastric & gastro-oesophageal junction cancer.
Shares A Phase I/II Study of LM-101 Injection in Patients With Advanced Malignant Tumors, A Study of LM-108 as Monotherapy or in Combination With Antitumor Therapies in Subjects With Advanced Solid Tumors, A Study of LM-168 as a Single Agent or in Combination With Toripalimab in Subjects With Advanced Solid Tumours, A Phase I/II Study of LM-2417 in Subjects With Advanced Solid Tumours.
Shares Sino Biopharmaceutical (Chia Tai Tianqing), Gastric & gastro-oesophageal junction cancer.
Every source this page cites, grouped by who published it. Grouping is read from the web address, not assigned by hand.
A source that has moved or gone is reported by the weekly link check. /audit/