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Cryofocus Biotechnology’s RDN System Gains FDA Breakthrough Therapy Designation
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Shanghai-based cryoablation treatment specialist Cryofocus Medtech (Shanghai) Co., Ltd’s in-house developed Cryofocus RDN System, a cryoablation renal denervation product, has obtained breakthrough therapy designation (BTD) status from the US FDA for use in refractory hypertension. Regulatory Milestones and InnovationsThe Cryofocus RDN System, the first of its kind globally, previously passed…
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Beijing Releases COVID-19 Infection Drug List to Address Stocking Issues
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The Beijing Municipal Health Commission formulated and released the “COVID-19 infection drug list” (first edition), seeking to alleviate drug stocking issues prompted by the concerns around surging cases in the wake of China dropping all COVID-19 control measures in recent days. Drug List DetailsThe list complements the 9th edition of…
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Cutia Therapeutic Plans IPO on Hong Kong Stock Exchange
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China-based dermatology specialist Cutia Therapeutic announced plans to make an initial public offering (IPO) to the Hong Kong Stock Exchange. Company Background and PipelineFounded in 2019, Cutia Therapeutic boasts a pipeline consisting of 11 products with great market potential, covering hair disease and hair care, skin disease and skin care,…
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China’s State Council Boosts Internet Medical Services Amid COVID-19
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The State Council released a notification in relation to the COVID-19 pandemic, seeking to ramp up Internet medical services as previous lockdown conditions have been unilaterally lifted across the country in the past few days. The key takeaways include: Online Prescriptions and Drug DeliveryMedical institutions (including Internet hospitals and medical…
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Asieris Pharmaceuticals Enrolls First Patient in Phase II Study for APL-1202
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China-based Asieris Pharmaceuticals (SHA: 688176) announced the first patient enrollment in a Phase II clinical study for its oral drug candidate APL-1202 in combination with the PD-1 inhibitor tislelizumab as a neoadjuvant therapy for muscular invasive bladder cancer (MIBC). The open-label, multi-center Phase I/II clinical study is designed to evaluate…
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Jiangsu Yahong Administers First Dose of Hexvix in Hainan Pilot Zone
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China-based urogenital cancer specialist Jiangsu Yahong Meditech Co., Ltd (Asieris, SHA: 688176) announced the first patient administration of Hexvix (hexyl aminolevulinate hydrochloride) in the Lecheng medical pilot zone in Hainan province. Hexvix is an optical imaging agent used to perform Blue Light Cystoscopy to detect carcinoma of the bladder for…
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Ascletis Pharma Announces Positive Phase I Results for ASC10 in COVID-19 Treatment
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China-based Ascletis Pharma Inc., (HKG: 1672) announced the positive topline results from its Phase I multiple ascending dose (MAD) study (NCT05523141) in healthy subjects for the oral RNA-dependent RNA polymerase (RdRp) inhibitor ASC10 being developed as treatment for COVID-19. The Phase I data demonstrated that all doses of ASC10, including…
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Yantai Dongcheng to Acquire US Firm XingImaging for $30.2M
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China-based Yantai Dongcheng Pharmaceutical Group Co., Ltd (SHE: 002675) is set to acquire a 100% stake in US-based firm XingImaging LLC for a consideration of USD 30.2 million from sellers Gilles Tamagnan, Molecular Neuroimaging Holdings LLC, Kenneth Marek, Bill (Piu) Chan, David Alagille, Rebecca Evans, and Gu Zhuqin. XingImaging’s Focus…
