Korea's Hyundai ADM Bio developing new-concept cancer treatment
The firm said that its novel approach focuses on targeting the supportive structure around cancer cells, called the tumor microenvironment. or TME, which refers to the intricate network of elements that surrounds and sustain a tumor.
"The interplay between cancer cells and their nearby components promotes tumor growth and invasion into healthy tissues, resulting in treatment resistance and poor clinical outcomes," Hyundai ADM Bio research head Kim Su-jong told a press conference in Seoul.
"Penetrium acts on the TME by disrupting the cancer-friendly ecosystem, allowing conventional anticancer drugs to work more effectively and overcome resistance. It is an adjuvant for concurrent treatment," she said.
In other words, she explained that Penetrium was a supplement for combination therapy with existing cancer drugs, rather than a substitute for them.
Hyundai ADM Bio noted that it would start clinical study with Penetrium, which is based on niclosamide, a medication used to treat tapeworm infections
South Korean authorities approved the first-phase clinical test in prostate cancer patients.
For patients suffering from pancreatic and triple-negative breast cancers, the company plans to cooperate with its mother company, Hyundai Bioscience, to apply for clinical trials later this year at home and abroad.
"Niclosamide is a tried-and-tested compound considered a promising candidate for treating various diseases. However, its low bioavailability has been a challenge. We aim to overcome it with our unique delivery system." Hyundai ADM Bio CEO designate Cho Won-dong said.
"Preclinical results for Penetrium have shown encouraging outcomes. Clinical tests for patients with terminal-stage cancer will start first because they typically have very few therapeutic options left. In such cases, we could show the efficacy of Penetrium early on," he said.
Cho was particularly hopeful that Penetrium would prove effective in preventing cancer metastasis. He plans to take charge of the company after a shareholder meeting July 31.
Established in 2003, Hyundai ADM Bio went public on the Seoul bourse in 2021. It was acquired by the Korean biopharmaceutical company Hyundai Bioscience early last year.
Copyright 2025 UPI News Corporation. All Rights Reserved.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
UPI
3 hours ago
- UPI
Trump delivers immigration message on Scotland visit
1 of 3 | President Donald Trump played golf in Scotland Saturday morning, teeing it up at his Trump Turnberry golf resort ahead of meetings with European lawmakers and delivering a message after leaving the White House on Friday (pictured). Photo by Will Oliver/UPI | License Photo July 26 (UPI) -- President Donald Trump played golf in Scotland Saturday morning, teeing it up at his Trump Turnberry golf resort ahead of meetings with European lawmakers and delivering a message. "I say two things to Europe: Stop the windmills. You're ruining your countries. I really mean it, it's so sad. You fly over and you see these windmills all over the place, ruining your beautiful fields and valleys and killing your birds," Trump told reporters after arriving on Friday. "On immigration, you better get your act together. You're not going to have Europe any more," he said. Trump is scheduled to discuss trade during a Monday meeting with British Prime Minister Keir Starmer and Scottish First Minister John Swinney. He is also expected to meet with European Commission president Ursula von der Leyen during the four-day visit to Scotland. The delegation will start arriving Saturday and include European trade commissioner Maros Sefcovic, as well as von der Leyen, who Trump referred to as a "highly respected woman." U.S. officials and their EU counterparts are continuing attempts to reach a deal before an Aug. 1 deadline that will see 30% reciprocal tariffs take effect on all EU member states. The United States and Britain reached a deal in June on tariffs between the two countries, although Trump and Starmer were expected to iron out details during their meeting. Protestors demonstrated against Trump's visit in both Edinburgh and Aberdeen Saturday morning, including outside the Trump-owned golf course. He will also visit another of his privately-owned courses, Trump International Scotland in Aberdeenshire, during the trip. "We are really excited, across this whole weekend, there's so many campaign groups turning out in the streets, taking in action in their communities or at rallies like this. It's kind of like a carnival of resistance," demonstrator Anita Bhadani told the BBC outside of the U.S. Consulate General's office in Edinburgh Saturday, after helping to organize the Stop Trump Coalition. The coalition said its purpose is to "defeat the politics of Trumpism, and to promote an alternative, democratic vision of the world based on peace, social justice and international cooperation."
UPI
5 hours ago
- UPI
SpaceX launches 28 Starlink satellites days after service outage
SpaceX launched another 28 Starlink satellites into low-Earth orbit from Florida at 5:01 a.m. EDT Saturday. Photo by SpaceX/X July 26 (UPI) -- SpaceX early Saturday launched another 28 Starlink satellites into low-Earth orbit from Florida, days after a short service outage hit the space-based internet provider. The Falcon 9 lifted off at 5:01 a.m. EDT from Cape Canaveral Space Force Station's Pad 40. The first-stage booster launched for the 22nd time, including Crew-6 and 17 previous Starlink missions. Watch Falcon 9 launch 28 @Starlink satellites to orbit from Florida SpaceX (@SpaceX) July 26, 2025 About 8 minutes after liftoff, the booster landed on "A Shortfall of Gravitas" drone ship stationed in the Atlantic Ocean. It was the 119th touchdown on the droneship and the 480th to date for SpaceX in Florida and California. This year, it was the 91st Falcon 9 launch, according to SpaceFlight Now. There are more than 8,000 Starlink satellites in orbit, according to astronomer Jonathan McDowell. On Thursday, Starlink users reported a rare full network outage of internet service. It began at 4 p.m. About 2 1/2 hours later, SpaceX announced most service had been restored. Then, 1 1/2 hours later, full service was back, Starlink reported. "The outage was due to failure of key internal software services that operate the core network," Michael Nicholls, vice president of Starlink Engineering at SpaceX wrote on X. "We apologize for the temporary disruption in our service; we are deeply committed to providing a highly reliable network, and will fully root cause this issue and ensure it does not occur again." There are more than 6 million Starlink customers worldwide, including 2 million in the United States after debuting in 2021. The next SpaceX launch is scheduled for 8:55 p.m. PDT Saturday from Vandenbrug Space Force Station's Pad 4E in California. An additional 24 Starlink satellites are scheduled for deployment.
Time Business News
11 hours ago
- Time Business News
Top 5 Use-Cases of AI and Machine Learning in the FinTech Industry
FinTech has completely revolutionised the way people manage money today. From paying bills to getting loans and investing in the stock market, everything is at your fingertips. It won't be completely wrong to say that the industry has become a significant part of a common man's life today, without which they may struggle to do their daily tasks. But what's powering modern fintech? Plenty of technologies like blockchain, IoT, Artificial Intelligence (AI), and Machine Learning (ML). But we're going to specifically focus on AI/ML today. These technologies help the fintech app understand user needs, prevent fraud, and offer personalised financial advice. This guide will help you understand how AI and ML are shaping the fintech industry and making complex processes like investing, lending, and saving efficient for its users. Let's Go! Fraud Detection And Prevention The fintech industry deals with big money; thus, it is on the radar of cyberattackers who try various methods, including phishing, money laundering, or unauthorized transactions. How does AI help in fraud detection? Take an example of a user who makes multiple transactions with his credit card. He will get a call from the bank to verify if the payments were made by him. Or imagine a user is in Mumbai, but his card was used in Dubai. He'll get an immediate notification. This is such a good way to save the users from any financial fraud. Without AI and ML, this would not have been possible. These systems keep a track of the user's financial history and alert immediately if they sense any suspicious activity. It's the pattern of transactions that helps. Examples: PayPal's AI scans millions of payments per second, blocking fraud that costs the industry $40 billion yearly. In India, Razorpay's ML catches sketchy UPI attempts like duplicate payments, saving merchants lakhs. Credit Score And Risk Assessment AI and ML have made the task of getting a loan easier. These systems allow AI fintech companies to look for alternate data sources like transaction history and bill payments to generate a credit limit. Examples : Digital lenders like Upstart and Zest AI use AI-based credit scoring to approve more applicants safely. FinTech companies like Razorpay are leading the way in using ML to improve payment security. Personalized Financial Services AI and ML allow the fintech apps to track user behavior, transaction history, and lifestyle habits to deliver personal financial goals. These apps can suggest a saving plan based on the user's behaviour and income to meet the requirements. They can also suggest a good investment plan based on the user's risk tolerance. Example : Groww App in India uses machine learning to track user behavior. How much users invest, when they withdraw, what are their preferred sectors. Based on the behaviour, it offers custom investment insights, like portfolio rebalancing suggestions or fund alternatives that suit their risk profile. This makes stock and mutual fund investing personalised and beginner-friendly. Algorithmic Trading Investing in the stock market is rewarding but comes with its share of risks. Proper knowledge about the market is a must to gain maximum benefits; however, becoming a successful trader is not everyone's cup of tea. This is where AI and ML can be of great help. The AI trading systems analyze millions of data per second, including stock prices, economic indicators, news sentiment, and even tweets. ML algorithms then make high-frequency trading decisions to maximize returns and minimize risk. These systems continuously learn from market patterns, adapt strategies in real-time, and often outperform traditional trading methods. Examples : India's largest stockbroker, Zerodha, integrates with a platform called Streak that lets even non-coders do algorithmic trading. Here, the user can set conditions like: 'Buy this stock if it drops 5% in 15 minutes and RSI is below 30 .' The system will track those conditions using live data and execute the trade automatically when they're met. ML models in the background can help fine-tune the strategy over time. With the AI in fintech markets worldwide growing rapidly, more platforms are now offering retail investors access to AI-powered trading tools. Chatbots and Customer Support Customer service in fintech is expensive due to repetitive queries and long wait times. AI chatbots can handle queries and reduce the human load. Natural Language Processing (NLP) enables these bots to understand user intent and deliver accurate responses. Advanced ML models allow the bots to learn from interactions, becoming smarter and more helpful over time. Examples : Erica by Bank of America helps users track spending, pay bills, and get financial tips. Additionally, Cleo and Plum are AI-powered financial assistance for millennials, offering witty responses and budgeting help. Final Thoughts AI and ML have given extraordinary powers to the fintech industry. From fraud detection to personalised saving and investment plans, these technologies have revolutionised how financial services are delivered, making them more efficient, secure, and user-centric. The rise of AI in fintech is helping companies create smarter, user-first financial products, and the businesses need to hire AI developers that will incorporate it will be in a better position to lead tomorrow's financial revolution. TIME BUSINESS NEWS
