AUM Biosciences Establishes Joint Lab with A*STAR’s Singapore Immunology Network (SIgN) to Accelerate the Development of Targeted Cancer Therapies

AUM Biosciences (AUM), a Singapore-headquartered clinical-stage biopharmaceutical company aiming to democratize R&D with a focus on discovering, acquiring, and developing novel therapeutics in oncology, today announced that together with A*STAR’s Singapore Immunology Network (SIgN), a new joint lab will be established in Singapore, centred on drug development and immuno-monitoring of novel oncology drugs.

Housed in SIgN’s premises at Biopolis, Singapore’s biomedical research hub, the joint lab will focus on the discovery of novel and proprietary immune biomarkers and underlying drug mechanisms of action that will be used to better inform clinical trial design and study endpoint analysis. Combining SIgN’s scientific expertise in translational immunology, preclinical, and computational research with AUM’s extensive capabilities in clinical trial design and management will lead to better targeted development programs for AUM’s cancer therapies.

Professor Lam Kong Peng, Executive Director of SIgN, added, “We are excited to bring SIgN’s expertise in translational immunology to the joint lab to help accelerate the development of novel cancer therapies, and to support Singapore’s vibrant biotech scene through our collaboration.”

Cancer remains a major medical concern with one in every six deaths being related to the disease. Recent disruptive discoveries in cancer therapy have highlighted the critical role of targeting the host immune system in regulating cancer progression. The AUM – SIgN partnership is timely to synergize drug development and immune profiling efforts to advance the development of multiple small molecules through preclinical and clinical trials with the ultimate goal of bringing these novel oncology drugs to market.

Dr. Harish Dave, CMO of AUM Biosciences, stated “AUM Biosciences is delighted to partner with SIgN in this exciting public - private collaboration. This represents the coming together of the best in translational research and industry to meet a common goal of delivering effective cancer therapeutics to patients.”

About AUM Biosciences

AUM Biosciences (AUM) is an oncology-focused Asian biotechnology company committed to developing affordable cancer therapies. AUM is dedicated to revolutionizing the existing inefficient drug development paradigm by harnessing the power of precision medicine and digitalisation. AUM focuses on early stage development of innovative treatment of cancers prevalent in Asia with the potential to address global markets. Led by a highly experienced management team with over 100 years of combined oncology drug development experience, AUM is disrupting the drug development paradigm by implementing a holistic approach to developing drugs. Headquartered in Singapore, AUM is strategically positioned to work, partner and collaborate with leading research institutes, pharmaceutical companies and clinicians globally. AUM is the recipient of Frost & Sullivan’s 2019 Asia-Pacific Biotech Entrepreneurial Company of the Year.

The company holds exclusive worldwide rights in all disease indications for 2 first-in-class composition of matter technologies. 1) MNK Inhibition and 2) Multi-Kinase Inhibition (PIM/PI3K/mTOR).

AUM001 is Phase II ready and AUM302 has a clear pathway to orphan drug designation. For more information, please visit www.aumbiosciences.com

For media enquiries at AUM, please contact:

Devangi Dave | Associate Director, Communications | +1 301 529 5470 |

devangid@aumbiosciences.com