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Oculis’ OCS-01 Achieves Primary Efficacy Endpoint in Phase III DIAMOND Trial for DME
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US-based Oculis Holding AG (NASDAQ: OCS) has announced positive top-line results from Stage 1 of its Phase III DIAMOND trial for the eye drop drug candidate OCS-01, which is being assessed as a treatment for diabetic macular edema (DME). The trial data indicate that the drug achieved its primary efficacy…
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Nona Biosciences and ModeX Therapeutics Partner to Develop Polyspecific Antibodies
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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 announced a strategic partnership with OPKO Health’s subsidiary, ModeX Therapeutics. The collaboration will fully leverage Nona Bio’s Harbor Mice whole human transgenic mouse platform technology for the development…
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NHSA Proposes Draft to Enhance Basic Medical Insurance Payment Management for Consumables
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The National Healthcare Security Administration (NHSA) has issued a Notice seeking public feedback on draft proposals aimed at “Improving the Basic Medical Insurance Payment Management of Medical Consumables.” The proposals address the rapid development of the medical consumables industry in China and its increasing share of health expenditure, making it…
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SinoMab BioScience’s SM17 IND Accepted by NMPA for Potential Global First-in-Class Monoclonal Antibody
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Hong Kong-based biotech SinoMab BioScience Ltd (HKG: 3681) has announced that the National Medical Products Administration (NMPA) has accepted for review an investigational new drug (IND) filing for SM17, a potential global first-in-class monoclonal antibody. Developed in-house by SinoMab, SM17 is the world’s first humanized IgG4-κ monoclonal antibody targeting IL-17RB,…
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China Aims to Establish Basic Elderly Care System by 2025, Outlines Comprehensive Plan
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The General Office of the CPC Central Committee and General Office of the State Council have released an “Opinions” paper titled “Promoting the Construction of the Basic Elderly Care Service System.” The document outlines a target to establish a fundamentally sound elderly care system by the end of 2025, with…
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JW Therapeutics Secures Supply Agreement with Juno to Advance CAR-T Therapy Commercialization
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China-based JW Therapeutics (HKG: 2126) has announced a carrier supply agreement with its shareholder Juno, aimed at supporting the continuous commercialization and further clinical development of its chimeric antigen receptor (CAR) T cell therapy, Carteyva (relmacabtagene autoleucel injection). Financial Terms and ProjectionsThe agreement outlines that from the effective date of…
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HighTide Therapeutics’ HTD1801 Meets Primary and Secondary Endpoints in Type 2 Diabetes Phase II Study
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China-based HighTide Therapeutics Inc. (HKG: 2511) has announced that its Phase II study for the drug candidate HTD1801 (berberine ursodeoxycholate, BUDCA) as a treatment for type 2 diabetes (T2DM) has achieved its primary endpoint and several important secondary endpoints. The study demonstrated that treatment with HTD1801 resulted in a superior…
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GenScript Biotech’s Legend Biotech Secures Private Placement with Hillhouse Investment
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China-based Contract Research Organization (CRO) GenScript Biotech Corporation (HKG: 1548) has revealed that its subsidiary, Legend Biotech Corporation (NASDAQ: LEGN), is set to conduct a private placement of 692,800 shares at USD 32 per share to LGN Holdings Ltd, a company solely managed by Hillhouse Investment Management, Ltd. This transaction…
