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Hansoh Pharmaceutical Gets NMPA Approval for HIF-2α Inhibitor HS-10516 Clinical Study
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China-based Hansoh Pharmaceutical Group Co., Ltd (HKG: 3692) has announced that it has received approval from the National Medical Products Administration (NMPA) to proceed with a clinical study for its Category 1 candidate drug, HS-10516. The trial will evaluate the small-molecule hypoxia-inducible factor 2α (HIF-2α) inhibitor as a potential treatment…
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Sino Biopharmaceutical Secures Exclusive Rights to Gmax Biopharm’s GMA106 in Greater China
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Sino Biopharmaceutical Ltd (HKG: 1177) through its subsidiary Chia Tai Tianqing Pharmaceutical Co., Ltd, has entered into a licensing agreement with Gmax Biopharm, securing exclusive development and commercialization rights in Greater China for Gmax’s GMA106. The agreement involves Sino Bio paying Gmax Bio a combined USD 57 million in upfront…
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UIH Surgical to Invest RMB 2.5 Billion in Wuhan Medical Innovation and Robotics Base
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United Imaging Healthcare Technology Co., Ltd (UIH), through its subsidiary UIH Surgical, has announced plans to invest RMB 2.5 billion (USD 349.2 million) in the establishment of a medical innovation base in Wuhan Optics Valley. The project will also include the development of an intelligent production base for medical robots,…
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JJET’s IPO on STAR Market Accepted, Aims to Raise RMB 2.691 Billion for Medical Device Expansion
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China-based JJET has received acceptance for its Initial Public Offering (IPO) filing on the Shanghai Stock Exchange’s Sci-Tech Innovation Board (STAR). The offering is anticipated to raise RMB 2.691 billion (USD 375.9 million), with the proceeds earmarked for the construction of the company’s medical device research and development and technology…
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Genevector Initiates Clinical Study for JWK001 in Neovascular Age-Related Macular Degeneration
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Chengdu-based adeno-associated virus (AAV) gene therapy developer, Genevector Biotechnology Co., Ltd., has announced the first patient dosing in a clinical study for its product candidate, JWK001. The molecule is under assessment as a potential treatment for neovascular age-related macular degeneration (nAMD). JWK001’s Mechanism of Action and Preclinical PerformanceJWK001 employs AAV…
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Convalife Pharmaceuticals Gets NMPA Approval for Generic Neratinib Clinical Study
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Shanghai-based Convalife Pharmaceuticals has announced that it has received approval from the National Medical Products Administration (NMPA) to conduct a clinical study for its generic version of Puma Biotechnology Inc’s neratinib. This study aims to explore the drug’s efficacy in treating advanced non-small cell lung cancer (NSCLC) patients with rare…
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Croma-Pharma Initiates Phase III Clinical Trial in China for Hyaluronic Acid Dermal Filler
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Austria-based Croma-Pharma has revealed that the first patient is set to be enrolled in a clinical trial in China to support the approval of its hyaluronic acid dermal filler, Princess Volume Lidocaine. This randomized, multi-center, blinded, parallel Phase III study will confirm the safety and efficacy of Croma’s product, focusing…
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Mass General Brigham Partners with Simcere Pharmaceutical for Cancer and Autoimmune Disease Research
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Top-tier US medical institution Mass General Brigham Incorporated (MGB) has signed a sponsored research agreement with Chinese firm Simcere Pharmaceutical Group (HKG: 2096). The collaboration will see up to eight research groups at MGB receive funding for select projects over a two-year period, with a focus on developing new treatment…