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BioWorld - Thursday, June 30, 2022
Home » Topics » China, BioWorld Asia

China, BioWorld Asia
China, BioWorld Asia RSS Feed RSS

Invox Pharma to acquire F-star for $161M to build Sino Biopharm presence outside China

June 28, 2022
By Tamra Sami
No Comments
London-based Invox Pharma Ltd. has announced plans to acquire F-star Therapeutics Inc. for $161 million to build up the presence of its parent company, Sino Biopharm Ltd., outside of China.
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Smartphone with website of Shanghai STAR Market in front of logo

China stock markets cool down, with fewer biotech IPOs in H1 2022

June 28, 2022
By Doris Yu
No Comments
A tightening of rules for biotech listings on the Shanghai STAR Market may have contributed to a visible cool-down in biotech IPOs, with fewer listings in Chinese stock markets in the first half of 2022.
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Eyepoint injector

China’s NMPA gives green light to Ocumension’s Yutiq intravitreal implant for uveitis

June 21, 2022
By Tamra Sami
No Comments
China’s National Medical Products Administration (NMPA) approved Ocumension Therapeutics Ltd.’s and Eyepoint Pharmaceuticals Inc.’s drug-device combination product, Yutiq (fluocinolone acetonide intravitreal implant), for chronic non-infectious uveitis affecting the posterior segment of the eye.
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Ke Xu, co-founder and CEO, Meta Pharma

Meta Pharma nets $15M in financing to develop its pipeline and AI drug platform

June 21, 2022
By Doris Yu
No Comments
Meta Pharmaceuticals Inc. has raised $15 million in seed and pre-series A rounds in six months for the pipeline and AI platform development. Shenzhen, China-based Meta Pharma plans to use the new funds to support its three candidates to enter clinical trials, as well as the development of its Meta-map platform for pipeline expansion.
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Shipping container with flag of China

China to ramp up volume-based procurement policies for drugs and devices to control prices

June 21, 2022
By Tamra Sami
No Comments
China will continue to ramp up volume-based procurement (VBP) policies that bring down drug and device prices for public hospitals with volume. Governmental agencies at the local and national levels coordinate drug prices via government-organized procurement programs that include VBP and pricing negotiations for inclusion on the National Reimbursable Drug List.
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China in red on globe

Everest wins first approval in China for breast cancer drug Trodelvy

June 14, 2022
By Doris Yu
No Comments
Everest Medicines Ltd. has picked up its first marketing approval in China for Trodelvy (sacituzumab govitecan), a medicine licensed from Gilead Sciences Inc. It was approved to treat adults with unresectable locally advanced or metastatic triple-negative breast cancer who have received two or more prior systemic therapies, at least one of them for metastatic disease.
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Hua Medicine’s dorzagliatin could be first drug to restore glucose homeostasis in type 2 diabetics

June 14, 2022
By Tamra Sami
No Comments
Hua Medicine Ltd. presented findings from two phase III trials of its first-in-class dual-acting glucokinase activator dorzagliatin that show the drug significantly improved early phase insulin secretion and glucose sensitivity in patients with type 2 diabetes, thereby restoring glucose homeostasis to treat the underlying cause of diabetes.
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Hengrui invests $301M to launch investment firm; achieves positive phase III prostate cancer data

June 14, 2022
By Doris Yu
No Comments
Jiangsu Hengrui Medicine Co. Ltd., its subsidiary Shengdi Investment Management Holding Co. Ltd., and Hengrui Group are to invest ¥2.01 billion (US$301 million) to jointly set up an equity investment company targeting pharmaceutical and health care companies.
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Henlius establishing big biosimilar deals in Latin America

June 7, 2022
By Sergio Held
No Comments
Two major deals inked by Shanghai Henlius Biotech Inc. in May confirm the company’s plans to invest heavily in the Latin American market.
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Lung cancer illustration

Henlius’ PD-1 drug shows positive data in phase III trial to treat ES-SCLC

June 7, 2022
By Doris Yu
No Comments
Shanghai Henlius Biotech Inc.’s anti-PD-1 monoclonal antibody serplulimab has generated positive data in a phase III trial as a first-line treatment for extensive-stage small-cell lung cancer (ES-SCLC).
Read More
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