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Zeiss Group and China’s Healthcare Cloud Collaborate on Ophthalmic Services in China
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Germany-based Zeiss Group, a leader in optical systems and optoelectronic product manufacturing, has entered into a partnership with China’s Healthcare Cloud, an online health services provider, during the recent China International Import Expo (CIIE) meeting. The collaboration aims to enhance ophthalmic services in China by leveraging the strengths of both…
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Eli Lilly’s Donanemab on Track for Priority Review in China for Early-Stage Alzheimer’s
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The China’s Center for Drug Evaluation (CDE) website has indicated that Eli Lilly’s (NYSE: LLY) donanemab is set to receive priority review status for the treatment of early-stage Alzheimer’s disease (AD). This development is significant as it pertains to the drug’s potential use in patients with mild cognitive impairment or…
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CASI Pharmaceuticals Reports Q3 2023 Results with Mixed Fortunes and Positive Developments
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China-based CASI Pharmaceuticals Inc., (NASDAQ: CASI) has unveiled its financial results for the third quarter of 2023. The company reported a 13.5% decrease in sales, amounting to USD 8.8 million. Despite this downturn, several positive developments indicate a promising outlook for the company in the near future. Revenue Generator and…
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Novartis Pharma AG Partners with Legend Biotech Corp. for CAR-T Therapies in $1.1 Billion Deal
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China-based Legend Biotech Corp., (NASDAQ: LEGN) has secured a second multinational partnership for its chimeric antigen receptor (CAR) T cell therapies with Novartis Pharma AG (NYSE: NVS) in a landmark USD 1.1 billion deal. The Swiss pharmaceutical giant has acquired exclusive global development, manufacturing, and commercialization rights to certain assets…
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Nona Biosciences Partners with GeneQuantum Healthcare to Advance Drug Conjugate Discovery
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Nona Biosciences, a wholly owned subsidiary of Harbour BioMed (HKG: 2142), which operates across the Netherlands, the United States, and China, has entered into a partnership with China-based GeneQuantum Healthcare. The collaboration aims to integrate the core technology platforms and professional expertise of both companies to empower the early discovery…
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Autobio Diagnostics Expands Strategic Partnership with Guorun Medical Supply Chain Services
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China-based Autobio Diagnostics Co., Ltd (SHA: 603658) has announced a strategic partnership with Guorun Medical Supply Chain Services (Shanghai) Co., Ltd, along with 11 shareholding companies. This collaboration aims to enhance the procurement and distribution of in vitro diagnostic (IVD) products and services, ensuring a robust supply chain and fostering…
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BMS Secures ORM-6151 for Acute Myeloid Leukemia Treatment with Orum Therapeutics Deal
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Bristol Myers Squibb (BMS; NYSE: BMY) has made a significant move in the field of oncology by purchasing ORM-6151, a potential first-in-class antibody-drug conjugate (ADC) from US-based Orum Therapeutics. The acquisition includes approval from the local regulator for ORM-6151 to enter a Phase I study for acute myeloid leukemia (AML)…
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Bayer Withdraws Aliqopa FDA Filing Following Missed Phase III Endpoint
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Germany-based pharmaceutical major Bayer (ETR: BAYN) has announced its decision to withdraw the filing for the kinase inhibitor Aliqopa (copanlisib) with the US Food and Drug Administration (FDA). Aliqopa, which received accelerated approval in 2017 for the treatment of relapsed follicular lymphoma (FL), failed to meet the primary endpoint of…
