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BioWorld - Wednesday, December 31, 2025
Home » Topics » Asia-Pacific » China

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China U.S. deal

Junshi taps Revitope in discovery stage to develop antibody-based cancer immunotherapies

July 14, 2020
By David Ho and Elise Mak
BEIJING – Besides advancing its neutralizing antibodies for COVID-19, Shanghai Junshi Biosciences Co. Ltd. is aiming to expand its pipeline. On July 13, it entered a collaboration with Revitope Oncology Inc.
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Chinese flag and microscopes

Roche, Boehringer Ingelheim push further into China

July 13, 2020
By Bryan Wong
HONG KONG- Boehringer Ingelheim International GmbH and Roche Holding AG have announced new initiatives to seek R&D collaborations in China, increasing both their footprint in China and China’s global biopharma presence. Boehringer Ingelheim announced earlier this month the launch of an External Innovation Hub in Shanghai. Meanwhile, Roche China also launched a collaboration initiative this week to develop therapies for gastrointestinal cancer.
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Wang Yu, CEO, Immunotech

Immunotech CEO: IPO shines light on China’s innovation in cell therapy

July 13, 2020
By Elise Mak
BEIJING – Beijing-based Immunotech Biopharm Ltd. made a strong debut as the first pre-revenue cellular immunotherapy firm to trade on the Hong Kong Stock Exchange (HKEX), raising $142 million via its IPO. Trading under the ticker 6978, the company’s share price closed at HK$15.48 (US$2) on July 10, up 40.7% from its offer price at HK$11.
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Coronavac product packaging

China's Sinovac phase III trials in Brazil could take as little as three months

July 10, 2020
By Sergio Held and Elise Mak
CAJICA, Colombia, and BEIJING – Last week Sinovac Biotech Ltd., of Beijing, announced the approval by Anvisa, the Brazilian health care surveillance agency, to start phase III trials to test the efficacy and safety of its inactivated COVID-19 vaccine being developed by Sinovac Life Sciences, a subsidiary of the Chinese company, in the Latin American country.
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Asia at night from space

Hong Kong’s med-tech sector looks to leverage technology, funding to expand

July 9, 2020
By Bryan Wong
HONG KONG – Hong Kong’s emerging med-tech sector is getting a boost from a government-funded program aimed at sharing technology with other jurisdictions, a program driven in part by the need to contain the COVID-19 pandemic and continue opening regional economies.
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Fosun Kite secures $20M to accelerate first CAR T therapy launch in China

July 9, 2020
By Elise Mak
Shanghai-based Fosun Kite Biotechnology Co. Ltd. secured another $20 million investment from Shanghai Fosun Pharmaceutical (Group) Co. Ltd. and Kite Pharma Inc., which each contributed $10 million. The fund will support further clinical trials and manufacturing of its CAR T candidates, including FKC-876, which looks likely to become the first CAR T therapy approved in China.
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Zai Lab to develop Turning Point drug for NSCLC in China

July 9, 2020
By David Ho
HONG KONG – China and U.S.-based Zai Lab Ltd. has inked a deal to develop and commercialize Turning Point Therapeutics Inc.’s lead drug candidate, repotrectinib, in the greater China markets.
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China moves two more COVID-19 vaccines to trials, another one entering phase III

June 30, 2020
By Elise Mak
BEIJING – China this week approved both the country’s first mRNA vaccine candidate and its first recombinant protein subunit vaccine to begin clinical trials to fight COVID-19. China National Biotec Group (CNBG)’s vaccine is also entering phase III trials in Beijing, Wuhan and Abu Dhabi, the United Arab Emirates (UAE).
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Immunotech press conference

Immunotech plans to raise $142M on HKEX to advance AAL therapy for liver cancer

June 30, 2020
By Elise Mak
BEIJING – Beijing-based cellular immunotherapy firm Immunotech Biopharm Ltd. said June 28 that it intends to raise up to HK$1.1 billion (US$141.9 million) on the Hong Kong Stock Exchange (HKEX) on July 10, with shares priced between HK$10.5 and HK$11 apiece.
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HKEX building

Kangji soars in HKEX debut

June 29, 2020
By Gina Lee and David Ho
Hong Kong – China’s Kangji Medical Holdings Ltd. has made a memorable debut on the Hong Kong Stock Exchange (HKEX), with shares jumping 98.84% from their opening price of HK$13.88 (US$1.79) to close at HK$27.60 (US$3.56) on the first day of trading on June 29.
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