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BioWorld - Wednesday, May 31, 2023
Home » Topics » Asia-Pacific » China

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china flag pills

China gives conditional nod to Zhongsheng’s COVID-19 oral pill

March 28, 2023
By Doris Yu
No Comments
China’s NMPA granted conditional approval for a COVID-19 oral pill to treat adult patients with mild to moderate cases of the virus to a unit of Guangdong Zhongsheng Pharmaceutical Co. Ltd.
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Neon brain

Biohaven acquires early stage TYK2/JAK1 inhibitor from Highlightll in $970M deal

March 28, 2023
By Doris Yu
No Comments
Biohaven Ltd. has acquired global rights, excluding China, from Highlightll Pharmaceutical Co. Ltd. to develop and commercialize a dual inhibitor of tyrosine kinase 2 (TYK2) and JAK1, BHV-8000 (TLL-041), for the treatment of brain disorders in a deal worth up to $970 million.
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COVID-19 vaccine and syringe with flag of China

China greenlights CSPC’s mRNA COVID-19 vaccine for emergency use

March 28, 2023
By Zhang Mengying
No Comments
CSPC Pharmaceutical Group Ltd.’s COVID-19 mRNA vaccine, SYS-6006, has been included for emergency use by the NMPA, the company said on March 22, marking the first domestically developed COVID-19 mRNA vaccine approved for use in China.
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Bio-Europe Spring 2023: China’s appetite for more complex deals is growing

March 28, 2023
By Caroline Richards
No Comments
The increased availability of capital, greater access to talent, strong local governmental support and more focused attention on IP issues have increased the complexity of deals taking place between biotech and big pharma companies in China, according to Michelle Chan, chief business officer of Insilico Medicine Inc.
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Triastek and Boehringer Ingelheim International collaboration signing ceremony

Triastek taps into technology for unique pipeline development

March 28, 2023
By Doris Yu
No Comments
Triastek Inc., a digital pharmaceutical solutions company, is taking a unique approach by using 3D printing technology to develop a pipeline that spans rheumatoid arthritis (RA), clotting disorders, ulcerative colitis and pulmonary hypertension. Its technology was recently validated through a partnership with Boehringer Ingelheim GmbH. The company’s 3D printing products include T-19, T-20 and T-21, which have all received IND approval from the FDA.
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Vas Medical nets $15M, obtains Chinese approval for vascular interventional surgery robot

March 27, 2023
By Doris Yu
No Comments
Beijing Vas Medical Co. Ltd. raised ¥100 million (US$15M) in an angel financing round as well as obtaining marketing approval from China’s NMPA for its vascular interventional surgery robot. The company plans to use the funds to develop technology, update products, expand its team and make promotions.
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China gives conditional nod to Zhongsheng’s COVID-19 oral pill

March 27, 2023
By Doris Yu
No Comments
China’s NMPA granted conditional approval for a COVID-19 oral pill to treat adult patients with mild to moderate cases of the virus to a unit of Guangdong Zhongsheng Pharmaceutical Co. Ltd. RAY-1216 is a peptidomimetic inhibitor of SARS-CoV-2 main protease (Mpro), which is also known as a 3C-like protease (3CLpro).
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Bio-Europe Spring 2023: China’s appetite for more complex deals is growing

March 24, 2023
By Caroline Richards
No Comments
The increased availability of capital, greater access to talent, strong local governmental support and more focused attention on IP issues have increased the complexity of deals taking place between biotech and big pharma companies in China, according to Michelle Chan, chief business officer of Insilico Medicine Inc, who spoke in a panel discussion on the topic of Asia-Pacific partnering at this year’s Bio-Europe Spring, in Basel, Switzerland on March 21.
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Global handshake silhouette

Detection Technology acquires Haobo Imaging to enter flat panel detector market

March 23, 2023
By Doris Yu
No Comments
Detection Technology plc has agreed to acquire X-ray flat panel detector provider Shanghai Haobo Imaging Technology Co. Ltd. to expand in the thin-film transistor (TFT) flat panel detector market. Shanghai-based Haobo Imaging was valued at around €14 million (US$15 million). Finland-based Detection Technology will acquire a 90% stake in the Chinese company while Haobo Imaging’s founder and management will maintain 10% of the shares.
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Evaheart Yongrenxin Medical Instrument

Yongrenxin Medical nets $100M in financing for heart failure platform

March 23, 2023
By Doris Yu
No Comments
Yongrenxin Medical Instrument Co. Ltd. raised nearly $100 million in a series A funding round to build a health platform to treat heart failures. Sinovac Biotech Ltd. led the round.
Read More
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