AbClon Inc. (174900.KQ) develops, manufactures and distributes antibody drugs targeting cancers and autoimmune diseases, leveraging proprietary platforms including NEST for novel epitope screening, AffiMab for bispecific antibodies and CAR-T technologies such as zCAR-T and Nespe-cel; its pipeline features AC101 (HLX22, licensed to Henlius for HER2-positive gastric and breast cancers), AT101 (Nespe-cel for relapsed/refractory blood cancers), AT501 for solid tumors including ovarian cancer, AM105 for colorectal cancer, AM109 for prostate cancer, and additional candidates like AC103, AC104, AC106, AC203, AM201, AM101, AM102 and AM103 for breast, gastric, colon, hematologic and autoimmune indications. The company operates primarily in South Korea with research activities in Sweden, serving domestic and international markets including technology transfers to partners in Turkey. Founded in 2010 and headquartered in Seoul, South Korea, AbClon focuses on bio-synergy antibodies and advanced cell therapies for intractable diseases. Recent developments include a 36 billion KRW equity financing via perpetual convertible bonds and preferred stocks from biotech investors such as DSC Investment, Paratus Investment and Chong Kun Dang in 2025 to support clinical trials and R&D; fast-track advanced biopharmaceutical and orphan drug designations from South Korea's MFDS for Nespe-cel (AT101), targeting 2026 approval with Phase 2 data showing 94% objective response rate; U.S. patent grant for HER2 Affibody-based switchable CAR-T technology; progression of licensed AC101 (HLX22) into global Phase 3 trials with U.S. and European orphan drug designations; and expanded partnerships including Chong Kun Dang's exclusive domestic sales rights for Nespe-cel and joint development in bispecific antibodies.