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Shanghai Fosun Pharmaceutical Reported to Halt Sale of Stake in Gland Pharma
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Indian media sources, including ET Now, have reported that Shanghai Fosun Pharmaceutical Group Co., Ltd (SHA: 600196) has dropped plans to sell its stake in Indian pharmaceutical firm Gland Pharma Ltd (NSE: GLAND). This decision comes after Fosun was reported in November 2022 to have been considering the sale of…
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LaNova Medicines and LegoChem Biosciences Partner to Develop Innovative ADC Product
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Shanghai-based cancer therapy developer LaNova Medicines Ltd has entered into a research partnership agreement with South Korea-headquartered LegoChem Biosciences, Inc. Under this agreement, the two companies will leverage LaNova’s antibody assets and LCB’s antibody-drug conjugate (ADC) technology platform to develop an innovative ADC product. LaNova Medicines: A Clinical-Stage R&D CompanyEstablished…
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Sunshine Guojian Pharmaceutical and Shenyang 3SBio Secure Exclusive Licensing Agreement for Antitumor Programs
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Sunshine Guojian Pharmaceutical (Shanghai) Co., Ltd, a subsidiary of 3SBio Inc. (HKG: 1530), has announced plans to enter into an exclusive licensing agreement with Shenyang 3SBio Co., Ltd. The deal grants 3SBio extensive rights, including development, regulatory, manufacturing, use, sales, export, and import, for its antitumor programs 602, 609, 705,…
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Junshi Biosciences Submits Market Filings for PCSK9 mAb Ongericimab to NMPA
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China’s Junshi Biosciences (HKG: 1877, SHA: 688180) has announced the submission of two market filings for its PCSK9 monoclonal antibody (mAb) ongericimab (JS002) for the treatment of primary hypercholesterolemia and mixed hyperlipidemia to the National Medical Products Administration (NMPA). Phase III and II Clinical Studies Support FilingsOngericimab is currently in…
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Jiangsu Initiates Price Negotiations for Provincial Stock Drugs, Addresses Shortages
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The Jiangsu Public Resource Trading Platform has released a notification indicating the commencement of price negotiations for provincial stock drugs on April 27. The initiative involves 18 shortage drugs, including pralidoxime, deslanoside, promethazine, and agkistrodon halys snake antivenom, with the participation of 30 manufacturers such as Beijing China Resources Hi-Tech…
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Ping An Healthcare and Technology Partners with Chugai Pharmaceutical to Establish Angina Pectoris Center
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Ping An Healthcare and Technology Co., Ltd (HKG: 1833), also recognized as PingAn Good Doctor, has entered into a partnership with Japanese firm Chugai Pharmaceutical to jointly establish an angina pectoris center. This collaboration aims to integrate medical expertise with technological innovation to enhance coronary heart disease management. Advancing Coronary…
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Belief BioMed Completes Patient Dosing in Phase III Hemophilia B Gene Therapy Trial
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Shanghai-based gene therapy specialist Belief BioMed Group (BBM) has announced the completion of patient dosing in its Phase III registrational clinical trial (CTR20212816) for BBM-H901, a gene therapy for hemophilia B. The therapy is developed and manufactured in-house by Shanghai Belief-Delivery Biomed Co., Ltd., a wholly owned subsidiary of BBM.…
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Tot Biopharmaceutical and Shanghai Escugen Partner on ADC Development and Commercialization
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China-based Tot Biopharmaceutical International Co., Ltd (HKG: 1875) has announced a strategic partnership with Shanghai Escugen, aimed at advancing the research, development, and manufacturing of antibody-drug conjugates (ADCs). The collaboration extends from late clinical development through to the commercialization phase, with financial details undisclosed. Leveraging Tot Bio’s Expertise in ADC…
