SHANGHAI – Canbridge Life Sciences Inc., a Beijing-based biopharma company started in 2012 with angel and private capital, has received $10 million in a series A investment from leading local health care venture capital funds Qiming Ventures and TF Capital. The investment will be used to further Canbridge's two existing in-licensed programs and put cash in its pocket to bring in more assets.
SHANGHAI – Adagene Inc., of Suzhou, has raised $8 million in series A financing from a consortium of backers, including Fidelity Biosciences, Fidelity Asia Growth and Wuxi Venture Fund, an investment vehicle for Wuxi Apptec.
SHANGHAI – Canbridge Life Sciences Inc., a Beijing-based biopharma company started in 2012 with angel and private capital, has received $10 million in a series A investment from leading local health care venture capital funds Qiming Ventures and TF Capital.
SHANGHAI – Over the last few years, multinational corporations (MNCs) have become increasingly comfortable with adding China sites to their lists of multiregional clinical trials (MRCTs). A significant reason for doing so has been the possibility of conducting trials simultaneously, potentially shaving years off the regulatory time frame for imported drug approvals in China.
SHANGHAI – Lee's Pharmaceutical, of Hong Kong, has licensed from Ikaria Inc., of Hampton, N.J., the rights for Inomax, an inhaled nitric oxide that treats hypoxic respiratory failure (HRF) in newborns of 34 weeks gestational age. This follows Lee's successful strategy of licensing products that go after unmet medical needs in China and strengthens the firm's position in pediatric and critical care drugs.
SHANGHAI – Over the last few years, multinational corporations (MNCs) have become increasingly comfortable with adding China sites to their lists of multiregional clinical trials (MRCTs). A significant reason for doing so has been the possibility of conducting trials simultaneously, potentially shaving years off the regulatory time frame for imported drug approvals in China.
SHANGHAI – Lee's Pharmaceutical, of Hong Kong, has licensed from Ikaria Inc., of Hampton, N.J., the rights for Inomax, an inhaled nitric oxide that treats hypoxic respiratory failure (HRF) in newborns of 34 weeks gestational age.
SHANGHAI – Chinese venture capital (VC) investors with funds in Chinese yuan used to have a tough time getting their cash out of the country to make cross-border investments. That is no longer the case. Changes to the rules make it much easier for domestic VCs to convert their renminbi (RMB) funds into foreign currency.
SHANGHAI – Chinese venture capital (VC) investors with funds in Chinese yuan used to have a tough time getting their cash out of the country to make cross-border investments. That is no longer the case. Changes to the rules make it much easier for domestic VCs to convert their renminbi (RMB) funds into foreign currency.
SHANGHAI – In its fourth in-licensing deal this year, Yabao Pharmaceutical Co. Ltd., of Suzhou, China, signed a deal with the prestigious MRC Tech, a UK-based nonprofit, to co-develop therapeutics for the treatment of Parkinson's disease.
