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Shanghai Launches High-Quality Development Pilot for Public Hospitals
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The Shanghai Municipal Health Commission (SHC) has released a notification regarding the public hospital high-quality development pilot project initiated by the office of Shanghai’s “Deepening Medical Reforms Leading Group.” The project aims to enhance the quality and efficiency of public healthcare services in the city. Selection of Pilot UnitsBased on…
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NMPA Introduces Electronic Certificates for Biologics and Narcotic Drugs
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The National Medical Products Administration (NMPA) has released a notification regarding the initiation of electronic certificates for biologic product releases and electronic approvals of narcotic drugs, as well as the establishment of a psychotropic substances study program. These measures aim to streamline regulatory processes and enhance efficiency in the management…
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CDE Releases Draft Guidelines for Tumor Therapeutic Vaccine Clinical Trials
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The Center for Drug Evaluation (CDE) has released the “Tumor Therapeutic Vaccines Clinical Trial Technical Guidelines” (draft proposal), soliciting public feedback until November 8. These guidelines aim to provide a framework for the development and evaluation of tumor therapeutic vaccines, a class of products designed to control and kill tumor…
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SprintRay Raises Over USD 100M in Series D Financing for Dental 3D Printing
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Zhejiang-based SprintRay Co., a one-stop digital chair side solution provider for dental institutions, has reportedly raised over USD 100 million in a Series D financing round. The round was led by SoftBank Vision Fund 2, with contributions from Yiheng Capital and ZWC Partners, alongside existing investors CDBI Partners and Marathon…
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Pfizer’s Zavicefta Approved in China for Pediatric Complex Intra-Abdominal Infections
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US-based pharmaceutical giant Pfizer (NYSE: PFE) has announced that it has received market approval from the National Medical Products Administration (NMPA) for its avibactam sodium + ceftazidime product, marketed under the brand name Zavicefta, in China. The indication is for children three months and older with complex intra-abdominal infection (cIAI).…
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HutchMed Initiates Phase II/III Study of Sovleplenib for Warm AIHA
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China-based Hutchison China Meditech (HutchMed; NASDAQ: HCM, HKG: 0013) has announced the initiation of a Phase II/III study for its sovleplenib (HMPL-523) in adult patients with warm antibody autoimmune hemolytic anemia (wAIHA) in China. The first patient was dosed on September 30. This marks a significant step forward in the…
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Harbour BioMed Licenses Batoclimab to CSPC’s NBP Pharma for Greater China
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Harbour BioMed (HKG: 2142), a biotech company operating out of the United States, the Netherlands, and Suzhou (China), has announced a licensing agreement with CSPC Pharmaceutical Group Co., Ltd’s (HKG: 1093) wholly-owned subsidiary Shijiazhuang Pharma Group NBP Pharmaceutical (Shijiazhuang) Co. Ltd. The agreement grants NBP Pharma exclusive development, manufacturing, and…
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Guangdong Zhongsheng Receives USPTO Patent for FGFR4 Inhibitor ZSP1241
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China-based Guangdong Zhongsheng Pharmaceutical Co., Ltd (SHE: 002317) has announced receiving a patent award from the United States Patent and Trademark Office (USPTO) for ZSP1241, a home-grown fibroblast growth factor receptor 4 (FGFR4) inhibitor. The patent, titled “Salt form and crystal form of compound as FGFR4 inhibitor and preparation method…
