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BioWorld - Saturday, June 27, 2026
Home » Topics » Asia-Pacific » China

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Second time the charm: Henlius launches $477M IPO on Hong Kong Exchange

Sep. 12, 2019
By Elise Mak and Cornelia Zou
HONG KONG & BEIJING – Chinese biosimilar maker Shanghai Henlius Biotech Inc. is ready to list on the Hong Kong Stock Exchange (HKEX) on its second try. The firm plans to issue 64.7 million shares globally under the stock code 2696. The maximum offer price is HK$57.8 per share, which means the biosimilar maker could raise as much as HK$3.74 billion (US$477 million).
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As U.S.-China tensions curb biopharma investment, both sides could be victims

Sep. 11, 2019
By Elise Mak
BEIJING – The ongoing trade war between the U.S. and China has helped put the biotechnology field on the U.S. foreign investment restriction list, causing a chilling effect on the market.
Read More

Global drug supply chain jeopardized by unpredictable trade talks

Sep. 11, 2019
By Elise Mak
BEIJING – China's position as a global power in active pharmaceutical ingredients (API) could be jeopardized by the ongoing and worsening trade war with the U.S. Perhaps more worrisome for the pharma industry, any disruption to Chinese supply chains could have a serious impact on drug manufacturing and accessibility globally.
Read More

Led by U.S. scientists, funded by Chinese, cross-border firm Oncologie eyes both markets

Sep. 11, 2019
By Elise Mak
BEIJING – Despite tensions between the U.S. and China, especially in the tech sector, Oncologie Inc. maintains its plans to pursue drug development in both markets. The clinical-stage startup, led by U.S. scientists and funded with Chinese capital, has stationed itself in both Boston and Shanghai to focus on developing innovative cancer therapies simultaneously in China and the U.S.
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Immunotech becomes first T-cell immunotherapy specialist to seek pre-revenue listing on HKEX

Sep. 11, 2019
By Elise Mak
BEIJING – Chinese T-cell immunotherapy specialist Immunotech Biopharm Ltd., of Beijing, has become the seventh pre-revenue biotech on the waiting list to go public on the Hong Kong Stock Exchange (HKEX). In an application filed last week, the specific amount was not disclosed, but company said much of the proceeds are expected to advance its lead candidate targeting liver cancer.
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China confirms drug reforms to spur innovation, ensure drug quality, ease restrictions

Sep. 10, 2019
By Elise Mak
BEIJING – China has finally written all its drug-related reforms into law, as it passed the amendment of its drug administration law in late August, the amendment to take effect on Dec. 1. Those moves carry one goal: to bring more and better drugs into the Chinese market as quickly as possible.
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As U.S.-China tensions curb biopharma investment, both sides could be victims

Sep. 6, 2019
By Elise Mak
BEIJING – The ongoing trade war between the U.S. and China has helped put the biotechnology field on the U.S. foreign investment restriction list, causing a chilling effect on the market. With the amount of Chinese money entering the U.S. biotech sector dropping sharply, many believe it is the U.S. that is taking the hit.
Read More

Global drug supply chain jeopardized by unpredictable trade talks

Sep. 5, 2019
By Elise Mak
BEIJING – China's position as a global power in active pharmaceutical ingredients (API) could be jeopardized by the ongoing and worsening trade war with the U.S. Perhaps more worrisome for the pharma industry, any disruption to Chinese supply chains could have a serious impact on drug manufacturing and accessibility globally.
Read More

Immunotech becomes first T-cell immunotherapy specialist to seek pre-revenue listing on HKEX

Sep. 5, 2019
By Elise Mak
BEIJING – Chinese T-cell immunotherapy specialist Immunotech Biopharm Ltd., of Beijing, has become the seventh pre-revenue biotech on the waiting list to go public on the Hong Kong Stock Exchange (HKEX). In an application filed this week, the specific amount was not disclosed, but company said much of the proceeds are expected to advance its lead candidate targeting liver cancer.
Read More

As U.S.-China tensions curb biopharma investment, both sides could be victims

Sep. 5, 2019
By Elise Mak
BEIJING – The ongoing trade war between the U.S. and China has helped put the biotechnology field on the U.S. foreign investment restriction list, causing a chilling effect on the market. With the amount of Chinese money entering the U.S. biotech sector dropping sharply, many believe it is the U.S. that is taking the hit in this sector.
Read More
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