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China Approves GSK’s Juluca for HIV-1 Infection
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The National Medical Products Administration (NMPA) has approved the market application for GlaxoSmithKline’s (GSK, NYSE: GSK) Juluca (dolutegravir/rilpivirine), a dual therapy for adult patients infected with human immunodeficiency virus type 1 (HIV-1). This approval marks a significant milestone, as Juluca is the first dual therapy approved by the FDA for…
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Hengrui Medicine Files for Dalpiciclib as Initial Therapy for Breast Cancer
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China-based Jiangsu Hengrui Medicine Co., Ltd (SHA: 600276) has announced a supplementary market filing for its CDK 4/6 inhibitor, dalpiciclib (SHR6390), as an initial therapy combined with an aromatase inhibitor for patients with hormone receptor (HR) positive, human epidermal growth factor receptor 2 (HER2) negative, locally advanced or metastatic breast…
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HitGen Partners with C4X Discovery to Identify Novel Inflammatory Disease Treatments
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China-based HitGen Inc. (SHA: 688222) has announced a partnership with UK-headquartered C4X Discovery Holdings plc (AIM: C4XD) to identify novel, small-molecule hits against an inflammatory target for further development by C4XD. The collaboration leverages HitGen’s expertise in DNA-encoded library (DEL) screening technology to identify potential drug candidates. No financial details…
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Abbott Reports Q3 Sales Growth, Raises Full-Year EPS Guidance
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With the Q3 2022 reporting season underway, US-based medtech giant Abbott (NYSE: ABT) released its financials, showing sales of USD 10.4 billion, up 1.3% excluding foreign exchange impact. The performance was ahead of expectations, leading the company to raise its full-year guidance for earnings per share (EPS). Business Unit PerformanceBy…
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Shaanxi Releases Notice for Inter-Provincial Orthodontic Brackets VBP
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The Shaanxi Public Resources Trading Center has released the “Inter-provincial Alliance (regions, Corps) Orthodontic Brackets Volume-based Procurement (VBP) Notice.” This initiative aims to conduct volume-based procurement activities for orthodontic brackets in several provinces and autonomous regions, including Shaanxi, Shanxi, Inner Mongolia, Liaoning, Heilongjiang, Anhui, Henan, Guangxi, Hainan, Guizhou, Tibet, Gansu,…
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Hainan Poly Pharm’s Generic Ganciclovir Approved in Sweden for CMV Retinitis
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China-based Hainan Poly Pharm Co., Ltd (SHE: 300630) has announced receiving technical review approval from the Medical Products Agency of Sweden for its generic version of Roche’s Cytovene-IV (ganciclovir). The approval is for the treatment of cytomegalovirus (CMV) retinitis in immunocompromised patients, including those with AIDS, and for the prevention…
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Bio-Thera’s BAT1806 Biosimilar Accepted for Review by European Medicine Agency
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China-based Bio-Thera Solutions Ltd (SHA: 688177) has announced that a Biologic License Application (BLA) for its BAT1806, a biosimilar version of Roche Holding AG’s (SWX: ROG) Actemra/RoActemra (tocilizumab), has been accepted for review by the European Medicine Agency (EMA). This marks a significant step forward in the global development and…
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Kactus Biosystems Raises RMB 200M in Series B Financing for Protein and Enzyme Development
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Kactus Biosystems, a Shanghai-based firm specializing in target proteins and raw enzymes, has raised RMB 200 million (USD 27.6 million) in a Series B financing round. The round was led by New Alliance Capital, with participation from Lingang Group’s healthcare industry fund, GF Capital, and a “famous multinational life science…
