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BioWorld - Friday, April 17, 2026
Home » Topics » Asia-Pacific » China

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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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Cancer cell, dropper, test tubes

Precision model allows accurate cancer therapy testing

June 29, 2020
By John Fox
Chinese scientists at Peking University (PKU) in Beijing have developed a new in vitro patient-derived tumor-like cluster (PTC) model, which predicted the outcomes of neoadjuvant and conventional chemotherapies in colon, gastric and breast cancer patients, with a clinical consistency of >93%.
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Immunotech press conference

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

June 29, 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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China moves two more COVID-19 vaccines to trials, another one entering phase III

June 26, 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.
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Man wearing mask, receiving coronavirus vaccine

CNBG reports 100% seroconversion rate for COVID-19 vaccine candidate

June 23, 2020
By Elise Mak
BEIJING – Chinese state-backed vaccine developer China National Biotec Group (CNBG), of Beijing, said on June 16 that its inactivated COVID-19 vaccine candidate produced a seroconversion rate of up to 100% in a phase I/II trial that enrolled 1,120 healthy subjects.
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Study in South Korea makes case for ablation for atrial fibrillation

June 22, 2020
By Mark McCarty
Makers of devices for ablation for atrial fibrillation (AF) have struggled at times to overcome clinician skepticism, but a new report in a respected medical journal might persuade some of those cardiologists. A study of nearly 28,000 AF patients in South Korea demonstrated that device therapy yielded lower rates of death and admission for heart failure compared to medical therapy, suggesting that ablation is a valid alternative to medical therapy, at least for patients in Asia.
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IPO money

Genetron and Progenity: A pair of molecular Dx IPOs in oncology, prenatal raise $356M

June 19, 2020
By Stacy Lawrence
China-based precision oncology company Genetron Holdings Ltd. and prenatal molecular testing company Progenity Inc. each successfully priced an IPO. This is just the latest demonstration that molecular diagnostics is gaining real traction when it comes to investment.
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Man wearing mask, receiving coronavirus vaccine

CNBG reports 100% seroconversion rate for COVID-19 vaccine candidate

June 17, 2020
By Elise Mak
BEIJING – Chinese state-backed vaccine developer China National Biotec Group (CNBG), of Beijing, said on Tuesday night that its inactivated COVID-19 vaccine candidate produced a seroconversion rate of up to 100% in a phase I/II trial that enrolled 1,120 healthy subjects.
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Canbridge moves to expand rare disease pipeline with UMass collaboration

June 16, 2020
By Elise Mak
BEIJING – Rare disease specialist Canbridge Pharmaceuticals Inc., of Beijing, said it is collaborating with the Horae Gene Therapy Center at the University of Massachusetts (UMass) Medical School to conduct gene therapy research with a focus on neuromuscular conditions.
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Business, data, dollars illustration

China’s CAR T developer JW Therapeutics closes $100M series B to advance CD19-targeted candidate

June 16, 2020
By Elise Mak
BEIJING – CAR T therapy developer JW Therapeutics (Shanghai) Co. Ltd. raised another $100 million this week after securing $90 million in series A round in 2018. The funds will continue to go toward its lead program, JWCAR-029, a CAR T-cell product targeting CD19 that is now in a phase II study.
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