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Guangzhou-based AnchorDx and West China Hospital of Sichuan University have entered into a transfer agreement for their joint patent on methylation molecular markers for detecting benign and malignant pulmonary nodules. This collaboration aims to enhance the early diagnosis of lung cancer and improve the diagnostic rate of fiberoptic bronchoscopy. Collaboration…
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China-based biotech company Akeso Biopharma (HKG: 9926) announced that its self-discovered bispecific antibody (BsAb) cadonilimab (AK104) has received conditional market approval from the National Medical Products Administration (NMPA). The drug is indicated for the treatment of recurrent or metastatic cervical cancer that has failed previous platinum-based chemotherapy. Drug Profile and…
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China-based Humanwell Healthcare (Group) Co., Ltd (SHA: 600079) announced receiving approval from the National Medical Products Administration (NMPA) to initiate a clinical study for its Category 1 drug RFUS-144, designed to relieve pain and itching. This marks a significant step forward in the company’s efforts to develop innovative therapies for…
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China-based LaNova Medicines has successfully closed a Series B financing round, raising an undisclosed sum to support its ongoing research and development efforts. The round was co-led by Qiming Venture Partners, Summer Capital, and Taikun Fund, with participation from the Shanghai Biomedicine Fund. The funds will be dedicated to advancing…
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China-based GenFleet Therapeutics has entered into a collaboration with Israel’s BioLineRx Ltd (NASDAQ: BLRX) to advance the development of motixafortide, a C-X-C chemokine receptor type 4 (CXCR4) inhibitor, for the treatment of pancreatic ductal adenocarcinoma (PDAC) in China. This partnership underscores GenFleet’s commitment to bringing innovative oncology therapies to Chinese…
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China-based Shanghai Henlius Biotech Inc. (HKG: 2696) announced a strategic partnership with US-based Palleon Pharmaceuticals Inc. to jointly develop and commercialize two bifunctional antibody-sialidase fusion proteins. This collaboration leverages Palleon’s innovative Enzyme-Antibody Glyco-Ligand Editing (EAGLE) platform, designed to enhance antitumor immunity by removing immunosuppressive sialic acids from tumor and immune…
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Danish-based Lundbeck (OTCMKTS: HLUBF) has announced plans to initiate a global investigational study on multiple system atrophy (MSA), named TALISMAN. The trial will be conducted at sites in China and the European Union, marking a significant step in understanding and addressing this rare neurodegenerative disease. Disease BackgroundMSA is a rare,…
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Israel-based OCON Healthcare, a specialist in uterine drug delivery, has entered into a license agreement with China’s BioGenuine. The deal grants BioGenuine exclusive marketing rights to OCON’s products in China and establishes a partnership for co-development and commercialization of new women’s health products. Deal TermsBioGenuine will pay an upfront fee…
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Focused Photonics Inc’s (SHE: 300203) subsidiary Expeclinlab has secured RMB 185 million (USD 27.7 million) in its latest funding round. The investment was led by Sequoia Capital China, Shandong Huiyuan Technology Development Co., Ltd, and four other investors, with proceeds earmarked to accelerate business development. Expeclinlab’s Specialization and ProductsExpeclinlab, a…
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China-based Beijing Luzhu Biotechnology Co., Ltd has reportedly secured an undisclosed amount in a Series C (crossover) financing round led by Huapu Haihe Biomedical Fund, Yizhuang Biomedical Fund, and CNCB (Beijing) Equity Investment Fund. This latest funding follows previous rounds including RMB 350 million (USD 52.3 million) in Series B…
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The Center for Drug Evaluation (CDE) website indicates that US major Eli Lilly’s (NYSE: LLY) donanemab has obtained tacit clinical trial approval for assessment in treating early symptomatic Alzheimer’s disease (AD), including mild cognitive impairment due to AD, and mild AD. This approval marks a significant step forward in the…
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The Hainan Boao Lecheng International Medical Tourism Pilot Zone Administration has formed a partnership with Shanghai Fosun Pharmaceutical (Group) Co., Ltd (SHA: 600196, HKG: 2196) to translate scientific research achievements into commercial products. This collaboration aims to advance the development and commercialization of innovative medical technologies. Collaboration Focus AreasThe partnership…
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China-based Jiangsu Recbio Technology Co., Ltd has announced receiving clinical trial approval from the Food and Drug Administration of the Philippines for its mRNA COVID-19 vaccine R520A. This approval marks a significant milestone in the global rollout of Recbio’s innovative vaccine targeting the Omicron variant. Vaccine InnovationR520A, developed by Wuhan…
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US major Pfizer (NYSE: PFE) has announced the first prescriptions for its leukemia therapy Besponsa (inotuzumab ozogamicin) in multiple cities in China. This marks the official application of the world’s first antibody drug conjugate (ADC) in relapsed or refractory precursor B-cell ALL (R/R B-ALL). Mechanism of ActionBesponsa targets CD22, which…
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China-based Sichuan Kelun Pharmaceutical Co., Ltd (SHE: 002422) has announced receiving USD 30 million from US major Merck Sharp & Dohme (MSD), triggered by a licensing agreement reached on May 16, 2022. This payment is part of a broader collaboration between the two companies to develop and commercialize an innovative…
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ImmuneOnco Biopharmaceuticals (Shanghai) Co., Ltd has submitted an initial public offering (IPO) filing to the Hong Kong Stock Exchange (HKSE). The tumor immunotherapy-focused biotech company boasts a comprehensive product pipeline of over 10 drug candidates targeting innate and adaptive immune checkpoints. Five candidates are currently the focus of seven separate…
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China-based Clover Biopharmaceuticals Ltd (HKG: 2197) has published clinical data for its COVID-19 vaccine candidate SCB-2019 (CpG 1018/Alum) as a third shot. The double-blind, randomized, controlled study demonstrated significant increases in neutralizing antibodies against Omicron variants BA.2 and BA.1. Clinical Study ResultsThe study enrolled 3,755 subjects in Brazil, the Philippines,…
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China-based Harbour BioMed (HKG: 2142) has announced receiving clinical trial approval from the US FDA for its bispecific antibody HBM7008. The drug, which targets the tumor antigen B7H4 and T cell co-stimulatory molecule 4-1BB, was first dosed in Phase I clinical trials in Australia in May and obtained clinical approval…
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China-based Sinovac Biotech Ltd (NASDAQ: SVA) has announced that the South African Health Products Regulatory Authority (SAHPRA) has awarded conditional registration to the company’s COVID-19 vaccine CoronaVac. The approval permits the vaccine’s use in adults aged 18 and over, administered in two doses with a 14-28-day interval. Approval BackgroundThis conditional…
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China-based Joysbio (Tianjin) Biotechnology Co., Ltd. has developed a rapid test to diagnose the latest SARS-CoV-2 omicron subvariants BA.4 and BA.5. The Joysbio Coronavirus Antigen Rapid Test Kit, suitable for self-testing and requiring no professional support, can effectively detect these subvariants and has been certified by the Polish Centre for…