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UK-based F-Star Therapeutics Inc., (NASDAQ: FSTX) revealed that there has been yet another delay to its proposed takeover by Sino Biopharmaceutical Ltd (HKG: 1177) subsidiary invoX Pharma. The proposed USD 161 million acquisition of F-Star by Sino Bio has attracted the attention of the US Committee on Foreign Investment to…
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Hangzhou-based cell therapy specialist ST Phi Therapeutics struck a partnership with US firm Azenta Life Sciences (NASDAQ: AZTA) to bolster the development of industrial cell pharmaceutical enterprises. No financial details were disclosed. Company Background and CapabilitiesFounded in 2018, ST Phi Therapeutics boasts its 3,600-square-meter GMP-compliant research and development center and…
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China-based Beijing Wantai Biological Pharmacy Enterprise Co., Ltd (SHA: 603392) announced the inclusion of its nasal spray influenza virus vector SARS-CoV-2 vaccine co-developed by Xiamen University and Hong Kong University, in the emergency use program in China. Vaccine Development and MechanismThe vaccine, produced by inoculating Madin-Darby Canine Kidney (MDCK) cells…
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Beijing-based Everlife Biomed reportedly raised “tens of millions” of renminbi in a pre-Series A+ financing round led by Redhill Capital. Other investors included Ruisheng Equity Investment and Yuanhe Capital. Proceeds will go toward safety validation for its core pipelines, process development and clinical filings, manufacturing plant expansion, and talent recruitment.…
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Shanghai MicroPort MedBot (Group) Co., Ltd (HKG: 2252) announced receiving a CE certification in Europe for its in-house developed orthopedic surgery robot Honghu, the first and only domestically-developed surgical robot approved in the region. The Sky Walker knee joint navigation and positioning system was previously approved for marketing in China…
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China-based Junshi Biosciences (HKG: 1877, SHA: 688180) announced that a market approval filing has been made for its programmed death-1 (PD-1) inhibitor Tuoyi (toripalimab) with the European Medicines Agency (EMA). The biotech is seeking approval for the checkpoint inhibitor in combination with chemotherapy as a first-line treatment for locally recurrent…
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China-based antibody developer Akeso Biopharma (HKG: 9926) announced that its board of directors has decided to make an initial public offering (IPO) to the Shanghai Stock Exchange’s Sci-Tech Innovation Board (STAR). No formal filing has been made at this stage. Company Background and PlatformFounded in 2012, Akeso Bio boasts an…
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China-based Tonghua Dongbao Pharmaceuticals (SHA: 600867) announced a licensing agreement with compatriot firm Kexing Pharmaceutical (SHA: 688136), granting the latter exclusive commercialization rights to its biosimilar version of Novo Nordisk’s Victoza (liraglutide) in 17 emerging markets (EMs). Victoza: Background and ApprovalVictoza, a human glucagon-like peptide-1 (GLP-1) analogue, was first approved…
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Chengdu-based WestVac Biopharma Co., Ltd announced the inclusion of its recombinant COVID-19 vaccine (Sf9 cells) in the emergency use program in China. It is the first recombinant protein novel coronavirus vaccine produced by the insect cell technology platform approved for emergency use in China. Vaccine Efficacy and TechnologyThe data shows…
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China-based Qilu Pharmaceutical announced that the results of the Phase II study assessing its QL1604 plus chemotherapy as a first-line treatment for patients with recurrent or metastatic (R/M) cervical cancer were released on December 4, 2022, in an oral presentation (Proffered Paper, 179O) at the European Society for Medical Oncology…
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China Health Group Ltd (HKG: 0673) announced the signing of a framework agreement with compatriot firm Wuhan Mingcheng Wanda Pharmaceutical Co., Ltd, seeking to carry out close collaboration on the comprehensive distribution of medical and big health products. The two sides are working on specific transaction terms, and an official…
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China-based Hybio Pharmaceutical Co., Ltd (SHE: 300199) announced receiving ethical approval for a Phase II clinical study protocol for its Category 1.1 chemical drug HY3000 nasal spray targeting COVID-19. The clinical filing for the product was accepted for review by the National Medical Products Administration (NMPA) in August 2022. Study…
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China-based vaccine specialist Clover Biopharmaceuticals, Ltd (HKG: 2197) announced the inclusion of its COVID-19 vaccine SCB-2019 (CpG 1018/Alum) in the emergency use program in China. The protein vaccine was developed using Clover’s proprietary Trimer-Tag (protein trimerization) technology, a drug development platform which allows the production of novel, covalently-trimerized fusion proteins.…
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Shanghai Microport EP Medtech Co., Ltd’s disposable pressure monitoring magnetic positioning radiofrequency catheter has been approved for marketing by the National Medical Products Administration (NMPA), marking the 185th innovative medical device in China. Product Features and BenefitsThe product adopts pressure sensing technology based on the principle of strain gauge, magnetic…
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Shanghai Henlius Biotech Inc. (HKG: 2696) announced the first patient dosing of a Phase I clinical study for its HLX60 in solid tumors and lymphomas in mainland China. Study Design and ObjectivesThe open, dose escalation, first-in-human Phase I study is designed to assess the safety and tolerability of the drug…
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A Fudan University Shanghai Cancer Center team led by Shao Zhimin made an oral presentation of results from a Phase II bridging study for ribociclib at the European Society for Medical Oncology (ESMO) Asia Congress 2022. Ribociclib (trade name: Kisqali) is a cyclin-dependent kinases 4/6 (CDK4/6) inhibitor developed by Swiss…
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China-based Hansoh Pharmaceutical Group Co., Ltd (HKG: 3692) announced that a market filing for its epidermal growth factor receptor (EGFR) inhibitor Ameile (almonertinib) has been filed for review with the European Medicines Agency (EMA) by US-based partner EQRx Inc. Hansoh/EQRx’s targeted indication is as a first-line treatment of locally advanced…
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China-based Sinocelltech Group Ltd (SHA: 688520) announced the inclusion of its recombinant novel coronavirus alpha+beta mutant S-trimer protein vaccine SCTV01C in the emergency use program in China. SCTV01C is a next-generation bivalent mutant recombinant protein vaccine being developed to prevent diseases caused by COVID-19. The active ingredient of SCTV01C contains…
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China-based Lynk Pharmaceuticals (Hangzhou) Co., Ltd announced first patient dosing in a Phase II clinical study assessing the efficacy and safety of its Category 1 innovative drug candidate LNK01003 in active ulcerative colitis (UC). Ulcerative Colitis and LNK01003Ulcerative colitis is one of the two main forms of inflammatory bowel disease…