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BioWorld - Sunday, March 15, 2026
Home » Topics » Asia-Pacific » China

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Newco news

Hongyun closes $15.5M series B to develop new-generation EGFR inhibitor

July 27, 2021
By Elise Mak
Hongyun Biotech Co. Ltd. raised ¥100 million (US$15.5 million) in a series B round to move its new generation EGFR inhibitor, RC-01, to the IND stage in China and the U.S. for non-small-cell lung carcinoma (NSCLC). The plan is to finish the IND filing by the end of this year and start the trial in 2022.
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Red blood cells

Sinocelltech’s SCT-800 wins NMPA approval; first homegrown drug for hemophilia A

July 26, 2021
By Doris Yu
Sinocelltech Group Ltd. won market approval from China’s NMPA for SCT-800, a B-domain deleted recombinant human coagulation factor VIII, for the prophylactic treatment of severe hemophilia A in adolescent and adult patients. This marks the first homegrown drug for treating hemophilia A in China.
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China approves Sincere Biotech’s oral HIV-1 drug azvudine

July 22, 2021
By Elise Mak
China’s NMPA gave conditional approval to Henan Sincere Biotech Co. Ltd.’s dual-targeting, oral HIV drug, azvudine, to treat HIV-1-infected adult patients with high viral loads. Azvudine could challenge lamivudine, a drug extensively used for treating HIV infection.
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Prostate cancer cells

Hengrui’s SHR-3680 shows positive interim data in phase III prostate cancer trial

July 20, 2021
By Doris Yu
Jiangsu Hengrui Medicine Co. Ltd. reported positive interim data from its phase III trial for SHR-3680, an androgen receptor antagonist, demonstrating that it reduced the risk of disease progression or death in metastatic hormone-sensitive prostate cancer patients with high-volume disease burden.
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Innovent invests $50M in Ascentage with joint commercialization, development plans

July 20, 2021
By Elise Mak and Gina Lee
Innovent Biologics Inc. and Ascentage Pharma Group Corp. Ltd. inked a three-component collaboration that comes with joint commercialization of an NDA-stage Bcr-Abl inhibitor and co-development of combination therapies, as well as Innovent taking a stake in Ascentage. The collaboration involves a deal worth up to $145 million and a $50 million investment.
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Chinese flag and microscopes

China now wants quality, not just quantity

July 20, 2021
By Doris Yu
China’s Center for Drug Evaluation has released the guideline on developing oncology drugs with a clinical value-oriented approach, part of its ongoing efforts to encourage the development of truly innovative oncology drugs in China.
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Data needed for Chinese COVID-19 vaccines against Delta variant

July 20, 2021
By Doris Yu
The lack of data surrounding the efficacy of Chinese COVID-19 vaccines against the Delta variant has had many questioning them, especially after a recent study showed that one of those vaccines, Sinovac Biotech Ltd.’s Coronavac, was less effective than Pfizer Inc. and Biontech SE’s Comirnaty in Chile.
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Harbour Biomed prepping for phase III on back of phase II myasthenia gravis data

July 20, 2021
By Elise Mak
Harbour Biomed Therapeutics Ltd. said its anti-FcRn monoclonal antibody, batoclimab, generated top-line phase II data in generalized myasthenia gravis, and the company expects to move into a phase III study by the end of this year, with final data reported in April 2022.
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Lepu’s NDA for anti-PD-1 antibody accepted ahead of Hong Kong IPO

July 20, 2021
By Doris Yu
The China NMPA’s Center for Drug Evaluation accepted Lepu Biopharma Co. Ltd.’s new drug application (NDA) for anti-PD-1 antibody candidate HX-008 (pucotenlimab). That comes after the company filed for an IPO in Hong Kong.
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Hands holding gears

Junshi and Immorna launch JV to develop mRNA therapeutics and vaccines

July 20, 2021
By Doris Yu
Junshi Biosciences Co. Ltd. entered an agreement with Immorna Biotechnology Co. Ltd. to establish a joint venture (JV) as part of its efforts to expand into the mRNA sector.
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