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BioWorld Asia, China
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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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Coronavac product packaging

Sinovac unveils positive results for COVID-19 vaccine candidate, aims to start phase III next month

June 16, 2020
By Elise Mak
BEIJING – Nasdaq-listed Chinese vaccine developer Sinovac Biotech Ltd., of Beijing, said the preliminary results of the phase I/II trials of its COVID-19 inactivated vaccine candidate, Coronavac, demonstrated favorable immunogenicity and safety profiles.
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Yisheng vaccine candidate YS-SC2-010

Yisheng unveils PIKA adjuvanted recombinant protein vaccine candidate for COVID-19

June 16, 2020
By Elise Mak
BEIJING – One more company is joining the global efforts in developing a vaccine for COVID-19. Beijing-based Yisheng Biopharma Co. Ltd. unveiled YS-SC2-010, which was developed through recombinant protein technology and its proprietary PIKA (polyinosinic-polycytidylic acid-based adjuvant) technology.
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Beigene’s FDA-cleared BTK inhibitor Brukinsa approved in China

June 9, 2020
By Elise Mak
Chinese biotech firm Beigene Ltd. said its second-generation BTK inhibitor, Brukinsa (zanubrutinib), has won approval in China for two indications, entering a market dominated by Imbruvica (ibrutinib, Johnson & Johnson/Abbvie Inc.). The NDA approval came eight months after Brukinsa’s clearance in the U.S.
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Cancer cell

Chi-Med and Beigene partner up to test candidates in combination therapy

June 9, 2020
By David Ho
HONG KONG – Two Chinese biotech companies, Hutchison China Meditech Ltd. (Chi-Med) and Beigene Ltd., are teaming up to evaluate their therapies as combination treatments for several cancers and in different key markets.
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Hand holding gear, dollar sign

Asia-focused Everest Medicines closes $310M series C financing round

June 9, 2020
By Elise Mak
BEIJING – Three-year-old Asia-focused startup Everest Medicines Ltd. closed one of the biggest financing rounds in China’s health care market this year, adding $310 million to its war chest. The firm is aiming to advance its late-stage assets in-licensed from global partners to the China market soon.
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Globe showing China
Enmore Bio Conference

Challenges posed to Chinese biotechs in post-pandemic era

June 2, 2020
By Elise Mak
SUZHOU, China – With the outbreak tightly contained, business activities are starting to get back to normal in China. Opening in Suzhou on Thursday, the Enmore Bio Conference 2020 is one of the first industry galas to take place since the coronavirus hit the country. In the opening session, Chinese biotech insiders pointed to a bumpy road ahead for Chinese companies in the post-COVID-19 era.  
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Enmore Bio Conference

Chinese cell therapy developers adopt new approaches to stand out

June 2, 2020
By Elise Mak
SUZHOU, China – Chinese CAR T therapy developers from early to IPO-ready-stage are confident that they can create a strong presence in the global scene with their innovations, and they are also making strategies that will work best for their home market.
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Chinese flag and pills
Enmore Bio Conference

China’s pharma market to see slower growth, but increasing innovation

June 2, 2020
By Elise Mak
SUZHOU, China – After growing rapidly in recent years, China’s pharma market will begin to see that growth slow, but market watchers said it is not necessarily all bad news.
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