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BioCity Biopharma Partners with AstraZeneca for Phase Ib/II Study in Hepatocellular Carcinoma
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China-based biotech firm BioCity Biopharma has entered into a clinical study partnership with UK pharmaceutical giant AstraZeneca (AZ, NASDAQ: AZN). The collaboration aims to conduct a Phase Ib/II study assessing the safety and efficacy of BioCity’s BC3402 in combination with AstraZeneca’s Imfinzi (durvalumab) for the treatment of advanced hepatocellular cell…
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NHSA Completes Expert Review for National Reimbursement Drug List Updates
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The National Healthcare Security Administration (NHSA) has announced the completion of the expert review stage for drugs under consideration for inclusion in the upcoming update to the National Reimbursement Drug List (NRDL). This marks a significant step forward in the annual process, which determines which medications will be covered by…
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Shanghai Shende Wuchuang Secures $28 Million in Series D Financing for Medical Device Innovation
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Shanghai Shende Wuchuang Times Medical Technology Co., Ltd has reportedly secured nearly RMB 200 million (USD 28 million) in a Series D financing round, bringing the company’s total funding to RMB 400 million (USD 56 million). The investors in this round include Zhuji Huiri Yingtian Equity Investment and Hefei Industrial…
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Atom Bioscience Initiates Global Phase III Clinical Study for Gout Drug ABP-671
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China-based Atom Bioscience (Jiangsu Atom Bioscience and Pharmaceutical Co., Ltd) has announced the enrollment of the first patient in a global pivotal clinical study for its pipeline candidate, ABP-671. This small molecule inhibitor of the urate transporter 1 (URAT1) protein plays a crucial role in the reabsorption of uric acid…
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China’s National Health Commission Launches Three-Year Patient Safety Campaign
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The National Health Commission has issued a notification to launch a special patient safety campaign spanning from 2023 to 2025. This initiative aims to enhance patient safety management systems in Class 2 and above hospitals, improve relevant institutional systems and working mechanisms, and timely eliminate various risks within the medical…
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GluBio Pharmaceutical’s GLB-002 Receives NMPA Approval for Clinical Trials in Hematological Tumors
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GluBio Pharmaceutical Co., Ltd, a specialist in molecular glue targeted protein degradation (TPD) based in Zhejiang, has announced that it has received clinical trial approval from the National Medical Products Administration (NMPA) for its molecular glue degrading agent, GLB-002. The drug is indicated for the treatment of non-Hodgkin’s lymphoma (NHL)…
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Med Vision’s Sleep Disorder Software Receives Category II Approval in China
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Hangzhou-based Med Vision, a provider of virtual reality (VR)-enabled digital therapeutics (DTx) solutions, has reportedly received a Category II medical device approval in China for its sleep disorder assisted treatment software. This marks a significant milestone as it is the first VR-based sleep disorder device to be approved both in…
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Luye Pharma Files NDA for Paliperidone Palmitate Injectable Suspension with US FDA
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China-based Luye Pharma Group (HKG: 2186) has announced the submission of a New Drug Application (NDA) to the US Food and Drug Administration (FDA) for its product, paliperidone palmitate extended-release injectable suspension (LY03010), via the 505(b)(2) regulatory pathway. The drug is under consideration for approval as a treatment for schizophrenia…
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