- Business
- Anxo Pharmaceutical Co., Ltd. (6677.TWO) develops, manufactures, and markets specialty generic prescription and over-the-counter (OTC) pharmaceutical products targeting therapeutic areas including cardiovascular and metabolism, central nervous system (CNS), diabetic, gastroenterology, respiratory, anti-infection, dermatology, ophthalmology/otology, nephrology, urology, and orthopedics; offerings encompass oral medications, injections, dermatology/external use preparations, and OTC drugs, with a focus on advanced dosage forms such as extended-release, controlled-release, and specialty generics that represent many first-to-market approvals in Taiwan. The company, founded in 2003 and headquartered in Taipei, Taiwan, with an R&D center in Hsinchu, operates primarily in Taiwan while pursuing international partnerships across Asia, Europe, and America through sales authorization, contract manufacturing (CMO), contract development (CDMO), technology transfer, and co-development models. Anxo leverages proprietary technology platforms for specialty dosage forms, formulation/process development, and analytical methods to enhance patient compliance, reduce side effects, and support 505(b)(2) products.
In recent developments, Anxo partnered with Sunny Pharmtech Inc. in 2024 to co-develop high-margin cardiovascular drugs, including a rare disease softgel formulation (TFM-SC) targeting the U.S. market with planned regulatory filing by 2027, building on prior pulmonary fibrosis collaboration; the company also expanded ties with a U.S. entity for additional products like TMN-T (oncology) and MSL-T (ulcerative colitis). Further, Anxo entered a strategic collaboration with EUSOL Biotech Co., Ltd. to develop novel oral anticoagulants and niche generic drugs, capitalizing on post-patent opportunities in Taiwan; in September 2025, it filed a U.S. FDA Phase I IND for schizophrenia treatment AX251. These initiatives underscore Anxo's shift toward global expansion, CMO/CDMO growth, and innovative pipelines amid evolving international pharmaceutical dynamics.