Biond and GIBF Partner to Advance Oncology Pipeline

Biond Biologics Ltd., a private clinical-stage biotechnology company developing first-in-class immunotherapies for cancer and immune-mediated diseases, and the Guangzhou-Israel Biotechnology Fund (GIBF), a leading life science investment fund, announced a strategic $8 million investment together with the formation of a China-based joint venture to advance Biond's innovative oncology pipeline.

The newly established joint venture will focus on accelerating the development of Biond's lead programs, including BND-67, a first-in-class therapy targeting CD28 shedding, as well as BND-22, a Phase 2 anti-ILT2 antibody and additional pipeline assets. The collaboration is designed to leverage Biond's differentiated oncology science together with GIBF's deep expertise in the Chinese biotechnology ecosystem, including clinical development, regulatory strategy, and local collaborations. Through this partnership, Biond and GIBF aim to accelerate clinical execution, expand combination strategies, and maximize the value of Biond's pipeline within the Chinese market.