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Green approved stamp

Pfizer’s Paxlovid becomes first COVID-19 oral pill approved in China

Feb. 15, 2022
By Doris Yu
China’s NMPA has given conditional approval to Pfizer Inc.’s COVID-19 oral pill Paxlovid (nirmatrelvir/ritonavir). The drug was approved for the treatment of adults with mild to moderate COVID-19 and a high risk of progression to severe disease. This includes the elderly, and people with chronic kidney issues, diabetes, cardiovascular, and chronic lung disease.
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Acute myeloid leukemia illustration

Cstone wins first nod for IDH1 inhibitor in China with AML approval

Feb. 15, 2022
By Doris Yu
Cstone Pharmaceuticals Co. Ltd.’s orally administered Tibsovo (ivosidenib tablets) received the green light from China’s NMPA for use in adult patients with relapsed/refractory acute myeloid leukemia (r/r AML) with a susceptible isocitrate dehydrogenase 1 (IDH1) mutation. It is the first IDH1 inhibitor to reach market in China.
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Magnifying glass, FDA concept image

Biosimilars no priority in US FDA pandemic inspections

Feb. 15, 2022
By Mari Serebrov
Biosimilars are bearing the brunt of the impact that COVID-19 has had on the U.S. FDA’s inspection program, which has ground almost to a halt during the pandemic. That’s the message Juliana Reed, president of the Biosimilars Forum, delivered to a House subcommittee last week.
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China flag and vial

Early trial win bolsters Abogen entrant in China’s COVID-19 vaccine race

Feb. 1, 2022
By Doris Yu
With phase Ib data published in The Lancet Microbe showing Suzhou Abogen Biosciences Co. Ltd.’s ARCoV had acceptable safety and induced a strong immune response, partner Walvax Biotechnology Co. Ltd. is continuing to enroll participants in a large phase III test of the vaccine.
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North China Pharma wins NMPA approval for rabies exposure drug

Feb. 1, 2022
By Doris Yu
North China Pharmaceutical Group New Drug Research & Development Co. Ltd. has received approval from China’s NMPA to market ormutivimab as post-exposure treatment for the prevention of rabies.
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Edigene, Haihe Lab co-develop hematopoietic stem cell regenerative therapies

Feb. 1, 2022
By Doris Yu
Edigene Inc. has extended a long-running partnership with an academic lab at the Chinese Academy of Medical Sciences and Peking Union Medical College with the goal of co-developing hematopoietic stem cell regenerative therapies and technology.
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Doctor with brain illustration, businessman with dollar sign illustration

Innovent options China rights to Amagma candidates for inflammatory disorders

Jan. 25, 2022
By Doris Yu
Innovent Biologics Inc. has secured an option to license China rights for up to three enzyme specific inhibitors for inflammatory disorders with few or no treatments from Amagma Therapeutics Inc. Innovent will also manufacture the inhibitors for a phase II trial in the region.
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IPO, coins, financial chart

Mabwell raises ¥3.48B in Shanghai IPO, though shares meet cool reception

Jan. 25, 2022
By Doris Yu
Mabwell Bioscience Co. Ltd. raised ¥3.48 billion ($547.9 million) in a Shanghai STAR Market IPO on Jan. 18 to support company R&D efforts and plans to build an antibody production plant. Though oversubscribed, the offering got a cool market reception, with shares plunging nearly 30% from a ¥32 open (US$27.96), then closing at ¥24.50 on the first day of trading before recovering slightly to ¥27.40 on Jan. 20.
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Pills spilling out of prescription bottle

Everest acquires rights to 3CL protease inhibitors to develop antivirals for COVID-19

Jan. 18, 2022
By David Ho
Shanghai-based Everest Medicines Ltd. has won exclusive global rights to a set of viral 3C-like (3CL) protease inhibitors from Singapore's national drug discovery platform, the Experimental Drug Development Centre (EDDC), in a deal worth up to $214.5 million.
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Vial and three syringes

Cansino receives NMPA’s first approval for quadrivalent meningococcal conjugate vaccine

Jan. 18, 2022
By Doris Yu
Cansino Biologics Inc. has received marketing approval from the NMPA for its ACYW-135 meningococcal conjugate vaccine, Menhycia, making it the first of its kind to be authorized in China. The approval marks “an important step in accelerating the development of China’s meningococcal vaccine immunization strategy,” the company said.
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