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Home » Newsletters » BioWorld Asia

BioWorld Asia

July 30, 2014

View Archived Issues

Canbridge's 'portfolio' bid aims to get cancer drugs to patients faster

SHANGHAI – Canbridge Life Sciences Inc., of Beijing, is on its way to bridging the gap that leaves many patients in China waiting anywhere from four years to six years for critical treatments approved in developed markets. With time of the essence, the firm is taking a portfolio approach to its in-licensing strategy, developing both clinical-stage and approved treatments, while mixing new drugs with treatments classified as medical devices. Read More

Biocon cites crisis in Middle East to earnings decline

HONG KONG – A leading Indian biosimilars maker reported a slight decline in biopharma sales in the quarter ending June 30, affected by the chaotic situation in the Middle East. Read More

India's biotech budget seeks collaborations, clusters, innovation

NEW DELHI – The first budget of India's newly elected government included some nice surprises for India's biotechnology sector in the form of international collab-orations and a new bioclusters initiative. Read More

Researchers discover genetic cause of common breast tumors

HONG KONG – A multidisciplinary research team from Singapore has made a significant breakthrough in the understanding of the molecular basis of benign fibroadenomas, one of the most common breast tumors in women, which could have important implications for the diagnosis and treatment of malignant breast cancers. Read More

Taiho, Sumitomo commit $30M each to build new Remiges VC fund

TOKYO – Two Japanese pharma companies are investing tens of millions into a new biotech venture fund created by Remiges Biopharma Fund LP as they look for new collaborations outside Japan. Read More

Patient deaths, side effects resurface for Japanese HCV drug

TOKYO – A hepatitis C drug in the market in Japan since 2011 has been associated with 15 deaths in a little more than two years and with severe side effects in more than 2,500 patients, according to reports that surfaced over the weekend. Read More

Sinovac's hepatitis A vaccine chosen as sole supplier in Beijing

HONG KONG – Leading Chinese vaccine maker Sinovac Biotech Ltd. (NASDAQ:SVA) has emerged as the sole supplier of hepatitis A vaccine in prefilled syringe dosages for the city of Beijing. Read More

Other news to note

Retrophin Inc., of New York, said it submitted a proposal to the board of Clinuvel Pharmaceuticals Ltd., of Melbourne, Australia, to acquire by scheme of arrangement all of the shares of Clinuvel stock that Retrophin does not own for 0.175 Retrophin shares per Clinuvel share, or A$2.17 (US$2.04) per share in cash. Read More

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