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Gates Foundation Renews Partnership with Beijing and Tsinghua to Boost Infectious Disease Research
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The Bill & Melinda Gates Foundation has announced the renewal of its collaboration with the Beijing Municipal Government and Tsinghua University to support the Beijing-based Global Health Drug Discovery Institute (GHDDI) in its quest to develop therapies for infectious diseases. This renewed commitment will see the Gates Foundation contribute USD…
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Grifols AS Plans to Sell Stake in Shanghai RAAS Blood Products Co., Ltd for Up to $1.5 Billion
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Spain-based Grifols AS (NASDAQ: GRFS), a leading global player in the blood products industry, has announced its intention to sell a portion of its stake in China-based Shanghai RAAS Blood Products Co., Ltd (SHE: 002252). This strategic move is expected to yield up to USD 1.5 billion for Grifols AS,…
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Sperogenix Therapeutics and LUCA Healthcare Join Forces to Advance Digital Therapy for Myasthenia Gravis
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China-based rare disease specialist Sperogenix Therapeutics Limited has entered into a partnership with compatriot firm LUCA Healthcare Limited Co., a company specializing in digital targeting and healthcare solutions, to bolster the application of digital therapy in myasthenia gravis. The collaboration aims to enhance the use of digital therapy in treating…
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Jiangxi Jemincare’s JYB1907 Receives NMPA Approval for Clinical Study in Solid Tumors
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China-based Jiangxi Jemincare Group has announced that it has received approval from the China National Medical Products Administration (NMPA) to conduct a clinical study for its Category 1 drug, JYB1907, a monoclonal antibody (mAb) targeting GARP and TGF-β1, in patients with locally advanced malignant solid tumors. The drug had previously…
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NMPA Approves Suzhou MicroPort Joint Medical Technology’s Zirconium Niobium Alloy Femoral Head for Hip Replacement
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The National Medical Products Administration (NMPA) has granted marketing approval to Suzhou MicroPort Joint Medical Technology Co., Ltd for its zirconium niobium alloy femoral head. This development marks a significant advancement in the field of orthopedic implants, offering a new option for patients undergoing total hip joint replacement surgery. Product…
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Cytocraft Biotech’s SDT-T002 Cell Therapy Approved for Advanced Liver Cancer by NMPA
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China-based Cytocraft Biotech Development has announced that its cell therapy, SDT-T002, has obtained clinical trial approval from the National Medical Products Administration (NMPA) for the treatment of advanced liver cancer that has failed standard treatment. Cascade Primed Immune Cells (CAPRI) Cell Therapy OverviewCytocraft boasts its Cascade Primed Immune Cells (CAPRI)…
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Laekna Raises £791 Million in Hong Kong IPO for Pipeline Expansion
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Sino-US Laekna (HKG: 2105) has successfully raised £791 million through an initial public offering (IPO) of 63,728,000 shares on the Hong Kong Stock Exchange, with each share priced at HKD12.41. Company Background and Core ProductsFounded in 2016, Laekna has established itself with two core products, both in-licensed from Swiss pharmaceutical…
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Grand Pharmaceutical’s STC3141 Achieves Clinical Endpoint in Sepsis Study
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China-based Grand Pharmaceutical Group Limited (HKG: 0512) has announced that the Phase Ib REFINE study for its drug candidate STC3141 in sepsis has successfully reached the clinical endpoint in Australia and Belgium. Design and Results of the Phase Ib REFINE StudyThe open-label, multi-center, dosage escalation Phase Ib clinical study was…
