HONG KONG – Beijing-based Yisheng Biopharma Co. Ltd. said the recent U.S. FDA orphan designation for its PIKA rabies orphan drug is another milestone in its push to expand outside of China.

HONG KONG – Looking to cope with an aging population and a rising disease burden, the highest levels of government in China are now focused on upgrading the country's health care industries with pharma and medical devices at the top of the list. The push is likely to be a defining priority for the government during the coming year.

HONG KONG – Pfizer Inc. (NYSE:PFE) will partner with Suzhou-based Pegbio Co. Ltd. to develop glucokinase activator (GKA) drugs for China as part of the multinational's strategy of using local partners to further the development of innovative drugs that address unmet needs in China.

HONG KONG – With an eye on an innovative biologic therapy that fulfills an unmet need in Asia, Shanghai-based biotech Imab purchased the exclusive Asian rights for a potential biologic drug for autoimmune diseases from Swiss company Ferring Pharmaceuticals SA.

HONG KONG – Pfizer Inc. (NYSE:PFE) will partner with Suzhou-based Pegbio Co. Ltd. to develop glucokinase activator (GKA) drugs for China as part of the multinational's strategy of using local partners to further the development of innovative drugs that address unmet needs in China.

HONG KONG – With an eye on an innovative biologic therapy that fulfills an unmet need in Asia, Shanghai-based biotech Imab purchased the exclusive Asian rights for a potential biologic drug for autoimmune diseases from Swiss company Ferring Pharmaceuticals SA.

HONG KONG – Looking to tap into the drastically underserviced market for diabetes treatments in China, biopharma company Uni-Bio Science Group plans to develop and introduce new diabetes drugs by partnering with a local CRO.