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Meilitech Secures Series A+ Funding Led by Autobio Diagnostics for Cancer Detection Tech
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Shenzhen-based nanopore early cancer detection product developer, Meilitech Co., has reportedly raised tens of millions of renminbi in a Series A+ financing round, led exclusively by Autobio Diagnostics Co., Ltd (SHA: 603658). The funds raised will be directed towards technology research and development, product iteration, and end-implementation efforts. Company Background…
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Sable Therapeutics and Liuqiang Medical Ink Licensing Deal for Aesthetic Fat Reduction Patch
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US-based Sable Therapeutics has announced plans to sign a licensing agreement with China-based Liuqiang Medical Technology Co. The agreement grants Liuqiang exclusive rights to develop and commercialize Sable’s microneedle patch, which includes SBL-003 and SBL-004, in Greater China. The patch is designed for targeted aesthetic fat reduction through a process…
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Olympus Corp. to Invest $40.6 Million in New Endoscope Factory in Suzhou, China
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Japan-based optics giant Olympus Corp. is expanding its footprint in China with a planned investment of USD 40.6 million in a new factory located in Suzhou. The facility will specialize in the manufacturing of endoscope products, reflecting the company’s commitment to the Chinese market. Growing Significance of the Chinese Market…
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Beijing-Based Holox Secures Tens of Millions in Series A+ Financing for Healthcare Software
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Holox, a Beijing-based developer of healthcare management software, has reportedly secured tens of millions of renminbi in a Series A+ financing round. The funds raised will be directed towards the research and development of new products and the globalization of the company’s operations. Company Background and Pharmaceutical Safety ServicesFounded in…
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Shanghai Kingstar Winning Secures $43.39 Million in Series C Financing for Digital Healthcare Solutions
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Shanghai Kingstar Winning Software Science and Technology Co., Ltd, a leading provider of digitalization risk control solutions for medical and commercial insurance, has reportedly raised RMB 300 million (USD 43.39 million) in a Series C financing round. The round was led by China Taiping Insurance Group Company’s healthcare funds, with…
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Luzhu Biotech Prepares for HKD 433 Million IPO with Focus on Vaccines and Biologics
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Beijing Luzhu Biotechnology Co., Ltd, a leading manufacturer of human vaccines and therapeutic biologics, is preparing for an initial public offering (IPO) of 10,386,000 shares at HKD 41.65 (USD 5.31) per share, which is expected to raise a total of HKD 433 million (USD 55.1 million). Company Background and Product…
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Gan & Lee Pharmaceuticals Receives Marketing Approval for Insulin Glargine in Bolivia
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Gan & Lee Pharmaceuticals (SHA: 603087), a China-based pharmaceutical company, has announced that it has received marketing approval from Bolivia’s State Agency of Drugs and Health Technologies (AGEMED) for its insulin glargine product, which comes in a pre-filled format. Insulin Glargine: A Long-Acting Insulin AnalogueInsulin glargine is a long-acting insulin…
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Rainmed Medical’s caIMR System Receives NMPA Approval for Coronary Artery Function Measurement
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China-based Rainmed Medical Limited has announced that it has received market approval from the National Medical Products Administration (NMPA) for its innovative coronary artery function measurement system, the caIMR system. Microcirculatory Resistance Index (IMR) and Its Clinical SignificanceThe microcirculatory resistance index (IMR) is a quantitative method used to evaluate the…
