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BioWorld - Monday, February 2, 2026
Home » Topics » Asia-Pacific » China

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Innovent invests $50M in Ascentage with joint commercialization, development plans

July 15, 2021
By Gina Lee and Elise Mak
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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Harbour Biomed prepping for phase III on back of phase II myasthenia gravis data

July 14, 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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Data needed for Chinese COVID-19 vaccines against Delta variant

July 14, 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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HKEX building

Keymed raises $378M in Hong Kong debut

July 13, 2021
By Gina Lee
Keymed Biosciences Inc. debuted on the Hong Kong Stock Exchange (HKSE) on July 8, raising HK$2.94 billion (US$378.48 million) in the process. The company will use the funds raised for the R&D and commercialization of key pipeline candidates.
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I-Mab partners with mRNA and AI-enabled companies to develop pipeline

July 13, 2021
By Doris Yu
I-Mab Biopharma Co. Ltd. announced collaborations with mRNA biotech company Immorna (Hangzhou) Biotechnology Co. Ltd. and AI-enabled R&D company Neox Biotech Co. Ltd., gaining access to transformative technologies to discover and develop oncology therapeutics.
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Lyvgen leverages FcγRIIb biology to develop new agonist antibodies

July 13, 2021
By Elise Mak
Fresh from showcasing preliminary evidence for the tolerability and potential benefits of LVGN-6051 at ASCO’s annual meeting in June, Lyvgen Biopharma Holdings Co. Ltd. is gearing up to move its CD40 agonist LVGN-7409 to clinical trials in China after initial U.S. patient dosing.
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I-Mab partners with mRNA and AI-enabled companies to develop pipeline

July 12, 2021
By Doris Yu
I-Mab Biopharma Co. Ltd. announced collaborations with mRNA biotech company Immorna (Hangzhou) Biotechnology Co. Ltd. and AI-enabled R&D company Neox Biotech Co. Ltd., gaining access to transformative technologies to discover and develop oncology therapeutics.
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Lyvgen leverages FcγRIIb biology to develop new agonist antibodies

July 9, 2021
By Elise Mak
Fresh from showcasing preliminary evidence for the tolerability and potential benefits of its anti-CD137 monoclonal antibody, LVGN-6051, at the American Society of Clinical Oncology’s annual meeting in June, Lyvgen Biopharma Holdings Co. Ltd. is gearing up to move its CD40 agonist LVGN-7409 to clinical trials in China after initial U.S. patient dosing.
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HKEX building

Zylox-Tonbridge raises $329M in IPO, shares close 41% higher

July 8, 2021
By Elise Mak
Neuro- and peripheral-vascular interventional med-tech developer Zylox-Tonbridge Medical Technology Co. Ltd. raised HK$2.56 billion (US$329 million) in Hong Kong on July 5 via an IPO that will support the development and commercialization of its core products.
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Hong Kong stock market illustration

Keymed raises $378M in Hong Kong debut

July 8, 2021
By Gina Lee
Keymed Biosciences Inc. debuted on the Hong Kong Stock Exchange (HKSE) on July 8, raising HK$2.94 billion (US$378.48 million) in the process. The company will use the funds raised for the R&D and commercialization of key pipeline candidates.
Read More
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