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BioWorld - Saturday, December 20, 2025
Home » Newsletters » BioWorld Asia

BioWorld Asia

Jan. 8, 2014

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Wanted: R&D talent for growing South Korean biopharma sector

HONG KONG – In order to keep up with the biopharmaceutical industry’s rapid growth, South Korea is stepping up efforts to attract and nurture more research and development talent. Read More

GSK could find itself blacklisted under China’s new anti-bribery rules

SHANGHAI – China has issued two legal announcements in its bid to root out corruption in the pharmaceutical industry. They focus on both the demand and supply side of corruption in China, targeting pharma companies that pay bribes and the doctors who accept them. Read More

Actelion seeks CFDA approval for Zavesca in ultra-rare Niemann-Pick Type C

HONG KONG – Swiss biopharmaceutical Actelion Ltd. is seeking regulatory approval in China for its Zavesca (miglustat) to treat Niemann-Pick Type C (NPC), a rare disease for which there is little information and no treatment available in the country. Read More

Shenzhen Hepalink acquires American heparin supplier for $337.5M

SHANGHAI – Shenzhen Hepalink Pharmaceutical Co. Ltd. announced a stock purchase agreement to fully acquire Scientific Protein Laboratories LLC (SPL), of Waunakee, Wis. Read More

Appointments and Advancements

Mylan Inc., of Pittsburgh, appointed Rakesh Bamzai president, India commercial and emerging markets. Previously, Bamzai was president of marketing at Biocon Ltd., of Bangalore, India. Read More

Initial public offerings ban in China lifted, 2014 could be record year

HONG KONG – After a lost 2013, companies in China are expected to start issuing shares again this year and this could prove a boon to biopharmaceutical companies that are generally underrepresented in the markets in Shanghai and Shenzhen. Read More

Wolwo Bio-Pharmaceutical rings in new year with first Chinese IPO since ban

HONG KONG – In one of the first issues since Mainland China regulator lifted a ban on initial public offerings (IPOs), Zhejiang Wolwo Bio-Pharmaceutical Co. (SZ: 300357) plans to offer as many as 30 million shares for as much as ¥20.05 (US$3.30) per share. Read More

Other News to Note

Tauriga Sciences Inc., of New York, said it received a comprehensive update from Immunovative Therapies Ltd. (ITL), of Shoham, Israel, including news that ITL plans to relaunch clinical trials in Thailand in metastatic cancer and in Israel in liver cancer later this month. Read More

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