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BioWorld - Sunday, March 7, 2021
Home » Topics » China, BioWorld Asia

China, BioWorld Asia
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COVID-19 vaccine vials

Two COVID-19 vaccines approved in China in less than 24 hours

March 2, 2021
By Sergio Held
No Comments
China’s National Medical Products Administration granted conditional approval two Chinese-developed COVID-19 vaccines in less than 24 hours on Feb. 25. One of the vaccines approved was developed by Tianjin-based Cansino Biologics Inc., and the other by China National Pharmaceutical Group (Sinopharm) through its Wuhan Institute of Biological Products subsidiary.
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Coronavirus and coins

Yisheng moves COVID-19 vaccine to clinic after $130M series B financing

March 2, 2021
By Elise Mak
No Comments
Eight months after Beijing-based Yisheng Biopharma Co. Ltd. unveiled its recombinant protein vaccine candidate for COVID-19, YS-SC2-010, the company raised $130 million in a series B round to pave way for the vaccine to enter clinical trials in the second quarter of this year, the company’s CEO David Shao told BioWorld.
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Biotech deal illustration

Beigene strikes its second overseas deal this year with BITT for TNFR2 antibodies

Feb. 23, 2021
By Gina Lee
No Comments
HONG KONG – Beijing-based Beigene Ltd. struck its second deal outside China this year, signing an option and license agreement with Boston Immune Technologies & Therapeutics Inc. (BITT) for the latter’s tumor necrosis factor receptor 2 (TNFR2) antagonist antibodies.
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Coronavirus vaccine/therapeutics illustration

China pushes on with vaccine efforts, with 16 candidates approved for trials

Feb. 23, 2021
By David Ho
No Comments
HONG KONG – China is steadily greenlighting more COVID-19 vaccines and drugs to go deeper into the clinic, giving the country a growing arsenal against the disease. To date, China’s National Medical Products Administration (NMPA) has approved a handful of drugs and 16 domestically developed COVID-19 vaccine candidates for trials, up from 11 in September 2020.
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Lymph nodes

Innocare raises $392M, starts phase III of orelabrutinib combo therapy for MCL

Feb. 9, 2021
By Elise Mak
No Comments
Chinese cancer and autoimmune specialist Innocare Pharma Ltd. raised HK$3.04 billion ($392 million) in private placements with two Hillhouse Capital subsidiaries and Vivo Opportunity Fund to advance its pipeline, especially its core asset, the BTK inhibitor orelabrutinib.
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Sinovac COVID-19 vaccine gets approved in China; doors opening elsewhere

Feb. 9, 2021
By David Ho and Gina Lee
No Comments
HONG KONG – Sinovac Biotech Ltd.’s COVID-19 vaccine, Coronavac, received conditional approval for use by the general public from China’s National Medical Productions Administration (NMPA), two days after filing for conditional market authorization.
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Chinese yuan and piggy bank
Newco news

China’s Anticancer Bioscience raises $10 million, aims high in China

Feb. 9, 2021
By Sergio Held
No Comments
CAJICA, Colombia – China’s Anticancer Bioscience, a company focused on developing precision oncology medicines, has raised ¥66 million (US$10.2 million) to expand its small-molecule and natural product screening libraries and move two programs into IND-enabling studies.
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Xuanzhu Pharma acquires Combio in bid to expand biologics pipeline

Feb. 9, 2021
By David Ho
No Comments
HONG KONG – Xuanzhu Biopharmaceutical Co. Ltd., a subsidiary of Beijing-based Sihuan Pharmaceutical Holdings Group Ltd., has acquired antibody technology firm Beijing Combio Pharmaceutical for an undisclosed amount.
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China U.S. deal

Many unkept promises, but USTR sees progress in China’s trade commitments

Jan. 26, 2021
By Mari Serebrov
No Comments
When it comes to leveling the playing field for foreign-based biopharma and medical device companies, China has made a lot of promises, but delivering on those promises is what matters.
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Brain illustration

Luye’s schizophrenia drug approval in China challenges J&J’s Risperdal Consta

Jan. 19, 2021
By Elise Mak
No Comments
Luye Pharma Group Ltd. won marketing approval in China for its risperidone microspheres for injection to treat schizophrenia, which the company said is the first formulation developed by a Chinese company in the space to get a green light. Under the trade name Ruixintuo, the long-acting drug is administered once every two weeks by intramuscular injection.
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