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Everest Medicines and Sinopharm Group Ink MoU to Enhance Distribution and Collaboration
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China-based Everest Medicines (HKG: 1952) has announced the signing of a memorandum of understanding (MoU) with Sinopharm Group Co., Ltd. The partnership aims to capitalize on Sinopharm’s supply chain service advantages in distribution, access, and retailing for Everest’s listed products within mainland China. The collaboration will also explore new product…
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BeiGene Secures Exclusive Licensing Deal with Duality Biotherapeutics for Novel Drug Development
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China-based BeiGene (NASDAQ: BGNE, HKG: 6160, SHA: 688235) has announced an exclusive option and licensing agreement with Duality Biotherapeutics, a novel modality drug developer with operations in both the United States and China. This strategic partnership aims to leverage Duality’s expertise in developing innovative therapies. Financial Terms and MilestonesAccording to…
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Bayer and Peking University Enter Fourth Phase of Partnership to Advance Drug Discovery
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Germany-based pharmaceutical giant Bayer (ETR: BAYN) has entered its fourth phase of partnership with the esteemed Peking University. This collaboration aims to strengthen the translation of basic research in key medical fields, including oncology, cardiovascular disease, kidney disease, immunity, and cell and gene therapy, with the goal of generating novel…
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Transcenta Holding Ltd Secures Global Clinical Trial Approvals for Osemitamab in Gastric Cancer
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China-based Transcenta Holding Ltd has reported receiving clinical trial approvals from China’s Center for Drug Evaluation (CDE) and South Korea’s Ministry of Food and Drug Safety (MFDS) for their pipeline candidate osemitamab (TST001), a CLDN18.2-targeted monoclonal antibody. Both regulatory bodies have approved the plan for TranStar 301, a global Phase…
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Pentax Medical to Establish Endoscope Manufacturing and R&D Site in Shanghai
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Japan-based Pentax Medical, a division of the Hoya Group specializing in endoscopic products, has announced plans to establish a new site in China focused on endoscope manufacturing, research and development (R&D), and the provision of related services. The facility will be located in Shanghai under the umbrella of Pentax Medical…
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Sinopep-Allsino Bio Pharmaceutical Cuts Fundraising Target to RMB434 Million via Convertible Bonds”
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Jiangsu-based Contract Development and Manufacturing Organization (CDMO) Sinopep-Allsino Biopharmaceutical Co., Ltd has revised its proposal for a convertible bond issuance, now expecting to raise RMB434 million, a decrease of RMB100 million compared to the initial target of RMB534 million set in November 2022. Proceeds Allocation for Strategic Projects and Working…
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Shanghai BDgene Technology Receives US FDA Approval for HSV-1 Stromal Keratitis Gene Therapy
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Gene therapy specialist Shanghai BDgene Technology Co., Ltd has announced receiving approval from the US FDA to conduct a clinical study for its pipeline candidate, BD111, in the treatment of type I herpes simplex virus (HSV-1) stromal keratitis. HSV-1 is a pathogen responsible for a range of diseases, including oral…
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Jenscare Scientific’s LuX-Valve Plus Accepted for US FDA Review in IDE Process
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Ningbo-based structural heart disease intervention device manufacturer, Jenscare Scientific Co., Ltd (HKG: 9877), has announced that the early feasibility study (EFS) pre-submission for its LuX-Valve Plus has been accepted for review by the US FDA. This filing marks the initiation of the Investigational Device Exemption (IDE) process in the United…
