Introduction

Founded in 2019 as a spin-out from BRIM Biotechnology, Ascendo Biotechnology was built on a singular insight: that the innate immune system holds the key to unlocking durable responses in cancers and autoimmune diseases where current therapies fall short.

Today, we are a clinical-stage company advancing ASD141 — a first-in-class anti-CD11b monoclonal antibody — through Phase I trials in patients with advanced solid tumors. Our pipeline addresses a scientifically validated but commercially underexplored axis in immune biology. We are headquartered in Taiwan and have a global scientific advisory board and an investor base that includes institutional funds, family offices, and strategic corporate investors.

Our Team

Our team brings together world-class expertise in immunology, clinical drug development, and biotech venture strategy. With decades of experience at leading global pharmaceutical companies — including Allergan, Bayer, Takeda, Bristol-Myers Squibb, AstraZeneca, and CRISPR Therapeutics — and deep roots in Taiwan’s academic and clinical research community, we are uniquely positioned to translate cutting-edge innate immune science into transformative therapies for patients worldwide.

Dr. Wen-Chyi Shyu
CHAIRMAN

  • VP, Takeda Pharmaceuticals.
  • Head of R&D Global Drug Metabolism and Pharmacokinetics, Takeda
    Pharmaceuticals.
  • Group Director of Metabolism and Pharmacokinetics, Bristol-Myers Squibb (BMS).

Dr. Yen-Ta Lu
Founder /CEO

Dr. Lu is the scientific founder of Ascendo and the originator of the TLT-1/CD11b checkpoint hypothesis. As Chief of Chest Medicine at MacKay Memorial Hospital in Taipei, he has led translational immunotherapy studies across tuberculosis, sepsis, and oncology.

Dr. Hsueh-Yen Ku
Chief Strategy Officer

Dr. Ku drives Ascendo’s corporate strategy, business development, and capital formation. She holds a Ph.D. in Cell Biology from Yale University and has previously served as CSO of Phalanx Biotech and Chairman & CTO of iCare Diagnostics International. Her expertise spans genomics, diagnostics, and biotech venture strategy.

Scientific Advisory Board

Our Scientific Advisory Board brings together leading experts in oncology, immunology, and drug development from world-renowned institutions and global pharmaceutical companies, providing critical scientific guidance as we advance our pipeline from bench to clinic.

Jang-Yang Chang, MD
Superintendent, Taipei Cancer Center, Taipei Medical University

Jang-Yang Chang, MD— Distinguished Investigator & Director, Institute of Biotechnology and Pharmaceutical Research, NHRI

Medical oncologist and translational research leader bridging academia, hospitals and national drug development

  • Current — Distinguished Investigator & Director, Institute of Biotechnology and Pharmaceutical Research (IBPR), National Health Research Institutes
  • Academic — Professor Emeritus and former Executive Vice President, National Cheng Kung University (NCKU)
  • Prior — Director, National Institute of Cancer Research, NHRI; Chief of Medical Oncology, Tri-Service General Hospital

Shyh-Yuh Liou, PhD
Vice President, TFBS Bioscience Japan

Shyh-Yuh Liou, Ph.D. — Exclusive Advisor, Ono Pharmaceutical

Translational medicine and clinical pharmacology leader with deep Japan pharma experience

  • Current — Exclusive Advisor, Translational Medicine Center & Discovery Technology Research Laboratories, Ono Pharmaceutical
  • Prior — Director, Clinical Pharmacology Group, Takeda Pharmaceuticals; Director, Biomarker & Pharmacogenomics, Translational Unit, Takeda Pharmaceuticals
  • Expertise — Translational medicine, clinical pharmacology, biomarker and pharmacogenomic strategy

Frank Lee, PhD
VP of DMPK, Takeda Oncology Company (retired)

Frank Lee, Ph.D. — DMPK leader across four global pharmaceutical companies

  • Prior — Senior Director of DMPK, Millennium Pharmaceuticals; Director of DMPK, DuPont Pharmaceuticals; Section Head of DMPK, Glaxo Wellcome; Senior Chemist, DMPK, Syntex Pharmaceuticals
  • Expertise — Drug metabolism and pharmacokinetics, from discovery support through development

Tony Ho, MD, PhD
Independent Board Director, Iteos Therapeutics

Tony Ho, MD, PhD — CSO / Senior Science Partner, Pivotal BioVentures
Physician-scientist and drug development leader spanning oncology, gene editing and neurology

  • Current — CSO / Senior Science Partner, Pivotal BioVentures
  • Industry — EVP, Head of R&D, CRISPR Therapeutics; SVP, Oncology Innovation & Integration, AstraZeneca
  • Academic — Adjunct Associate Professor of Neurology, University of Pennsylvania; former Assistant Professor of Neurology, Johns Hopkins University

Ping Yang Yeh, PhD
Managing Partner, NovaRadar Bio Venture

Ping Yang Yeh, PhD— 30+ years in biologics R&D, CMC, manufacturing and commercialization

  • Industry — Senior leadership at Amgen, Biogen, GSK; CTO & VP, EirGenix; General Manager, AltruBio Taiwan
  • Track record — 18 commercial product launches (Repatha®, Blincyto®, Aimovig®, Kyprolis®, Tysabri®, Plegridy®); 45+ US/EU IND and regulatory filings
  • Expertise — Protein therapeutics, monoclonal antibodies, CMC strategy, CDMO operations
  • Now — Investing in next-wave biotech and medtech innovation
  • Education — Ph.D., Molecular Pharmaceutics, University of Utah (advisor: Prof. Jindřich Kopeček); Executive Education, MIT Sloan

Board of Directors

Our board combines scientific leadership, clinical development expertise, financial strategy, and investment experience — providing the governance and strategic guidance to advance Ascendo from clinical-stage to global impact.

Dr. Wen-Chyi Shyu
Chairman

Ph.D. in Pharmaceutics, University of Connecticut. General Manager, Beiley Pharmaceuticals. VP of Global Drug Metabolism and Pharmacokinetics, Takeda Pharmaceuticals Japan. Senior Director, Bristol-Myers Squibb (BMS).

Dr. Yen-Ta Lu
Founder / CEO

Chief of Chest Medicine, MacKay Memorial Hospital, Taipei. Lead investigator for immunotherapy drug development in tuberculosis and sepsis. Originator of the TLT-1/CD11b checkpoint hypothesis published in the Journal of Immunology (2023).

Jeffrey Tsai
Board Director

A serial entrepreneur with 20+ years in asset management, biomedicine and e-commerce. Founder of CGSICE (Taiwan master agent for AXA IM and Old Mutual Global Investors), Ceres Biomedical and NUWA Biomedical; formerly Regional Director for Asia at Hutchison-Priceline.

Mark Wei
Board Director

MBA, George Washington University. Vice Chairman, Taishin Financial Holdings. Chairman, Shin Kong Financial Holdings and Shin Kong Life Insurance. Former Commissioner, Financial Supervisory Commission (Insurance Bureau), Executive Yuan.

Kevin Ho
Board Director

Kevin holds a Ph.D. in Biomedical Engineering from University College London. He has served as Senior Director of Business Development and Clinical Development at Steminent Biotherapeutics, and as Senior Investment Manager at Taiwania Capital, bringing deep expertise in both biotech development and life science venture investment.

Backed by Leading Investors
Ascendo has raised capital from a consortium of institutional investors reflecting confidence in both our science and our clinical potential. Our investor base includes leading Taiwanese financial institutions, strategic industrial partners, and biotech-focused funds.