It has been learned that recently, the company’s subsidiary, Beijing Yuekang Kechuang Pharmaceutical Technology Co., Ltd. (hereinafter referred to as “Yuekang Kechuang”), received a letter from the U.S. Food and Drug Administration approving the clinical trial of YKYY018 nebulizer for the prevention and treatment of respiratory syncytial virus (RSV) infection, and two Drug Clinical Trial Approval Notices issued by the National Medical Products Administration approving the use of YKYY018 nebulizer for post-exposure prophylaxis after contact with patients with respiratory syncytial virus and for the treatment of RSV infection. The company will conduct Phase I clinical trials of this product. Respiratory syncytial virus (RSV) is a ubiquitous and infectious enveloped RNA virus that causes respiratory illnesses, particularly affecting vulnerable groups such as children, the elderly, and those with compromised immune systems. Currently, there are no approved treatments for RSV infection worldwide, indicating a significant and urgent unmet clinical need. YKYY018 nebulized ...
On December 2nd, Antengene (06996) announced that the China National Medical Products Administration (NMPA) has approved its Investigational New Drug (IND) application for a Phase IB/II study of ATG-022 in combination with KEYTRUDA® (pembrolizumab) and chemotherapy. This approval will help advance the company’s R&D efforts in treating diseases with unmet medical needs. In the announcement, the company mentioned that ATG-022 is a CLDN18.2 antibody-drug conjugate (ADC), and the study combining it with MSD’s anti-PD1 therapy KEYTRUDA® will provide new treatment options for patients. The approval of this study marks further progress for the company in the biotechnology field and enhances its competitiveness in the market. https://finance.eastmoney.com/a/202512023580471418.html
Abbisko Therapeutics announced that its investigational oral, highly active, highly selective small molecule KRAS G12D inhibitor, ABSK141, has received approval from the US Food and Drug Administration (FDA) for an Investigational New Drug (IND) application to treat patients with advanced solid tumors harboring the KRAS G12D mutation. Commentary: The announcement by Abbisko Therapeutics that its oral KRAS G12D inhibitor ABSK141 has received FDA IND approval is a critical R&D advancement. This drug targets the KRAS G12D mutation, for which there are currently no approved targeted therapies. This mutation is one of the most common oncogenic mutations in various solid tumors, including pancreatic and colorectal cancers, highlighting a pressing clinical need. https://finance.eastmoney.com/a/202512033580752973.html
Not long ago, at Xinhua Hospital affiliated with Shanghai Jiao Tong University School of Medicine, 14-year-old Gaucher disease patient Xiao Ai began treatment with a new domestically developed drug. “Having access to an affordable medicine brings much more peace of mind,” said Xiao Ai’s mother, who felt a sense of relief she hadn’t experienced in a long time. For rare disease medications, which have long been reliant on imports and carried high price tags, more “Made in China” options are now emerging. “True pharmaceutical innovation must ultimately demonstrate its value in patient accessibility and the dignity of life,” said Xue Qun, Founder, Chairman, and CEO of the drug R&D company CanoCan. He added that the future will involve a continued focus on unmet clinical needs, ensuring that more new and effective medicines benefit patients. Rare diseases serve as a measure of a society’s compassion. The journey of this new drug—from ...
Recently, Ganzhou Hemei Pharmaceutical Co., Ltd. (hereinafter referred to as “Hemei Pharmaceutical”), headquartered in Ganzhou, Jiangxi, formally submitted its prospectus to the Hong Kong Stock Exchange, planning to list on the Main Board of Hong Kong. SDIC Securities Financing (Hong Kong) Limited acted as the sole sponsor. According to the prospectus reviewed by Daily Economic News, Hemei Pharmaceutical was founded in 2002 and focuses on developing small-molecule drugs for autoimmune diseases and oncology. The company currently has one approved product and multiple pipeline drugs in clinical stages. However, Hemei Pharmaceutical has yet to achieve profitability. The prospectus indicates that from 2023 to the first half of 2025, the company accumulated a net loss of over RMB 350 million, with R&D expenditure being the primary cost. To date, the company has completed seven rounds of financing, with a valuation of RMB 3.9 billion after the most recent round. Pipeline Covers 7 ...
In recent years, the field of cardiovascular disease treatment has been undergoing a profound transformation. PCSK9 and Lp(a), two emerging targets, have emerged as hotly contested areas for multinational pharmaceutical companies, ushering in a new golden age for cardiovascular disease treatment. 1 Two golden targets are coming Atherosclerotic cardiovascular disease (ASCVD) is a collective term for a group of diseases affecting blood vessels and the heart throughout the body caused by atherosclerosis, including coronary heart disease, cerebrovascular disease, and peripheral artery disease. ASCVD is one of the leading causes of death worldwide. The Global Burden of Disease Study shows that ischemic heart disease has consistently ranked as the leading cause of death globally in both 1990 and 2021. In China, there are approximately 500 million adults with dyslipidemia, of whom about 120 million have hypercholesterolemia. Statins are the cornerstone of lipid-lowering therapy for dyslipidemia. They reduce cholesterol synthesis by inhibiting ...
Recently, Baileyn announced that it has received a milestone payment of $250 million from BMS. Previously, in December 2023, Baili Tianheng entered into an exclusive licensing and collaboration agreement with BMS for its world-first-in-class EGFR×HER3 bispecific antibody ADC project iza-bren (BL-B01D1) to jointly develop and commercialize it globally. Under the agreement, BMS will pay the company an upfront payment of $800 million and two contingent payments of $250 million in the near future; upon achieving development, registration, and sales milestones, the company will receive additional payments of up to $7.1 billion; the potential total transaction value could reach up to $8.4 billion. In September of this year, Baili Tianheng’s global Phase II/III pivotal registration clinical trial, IZABRIGHT-Breast01, reached a milestone, triggering this payment. This is the largest milestone payment for a single ADC asset in any disclosed overseas transaction of a domestic innovative drug to date. Baili Tianheng is collaborating ...
WuXi Biologics announced on December 2nd that it has signed a strategic cooperation memorandum with the Qatar Free Zone Authority (QFZ) to expand its global service network and professional business capabilitiesThis strategic partnership lays the foundation for WuXi Biologics to establish its first integrated CRDMO center in the Middle East within the Qatar Free Zone. https://finance.eastmoney.com/a/202512023580217070.html
LillyThe company announced that, starting December 1, the self-paid price of Zepbound through the LillyDirect platform will be reduced from the previous $349-$499 per month to $299-$449. The starting dose has been reduced to $299 per month, the 5mg dose to $399 per month, and all higher doses to a uniform $449 per month. Zepbound’s list price is approximately $1086 per month. This price reduction primarily targets the single-dose vial of Zepbound, which requires patients to self-inject, aiming to circumvent high prices and unstable insurance coverage.The barriers to coverage should be addressed to provide more affordable treatment options for out-of-pocket patients. This price reduction comes after the Trump administration pushed for an agreement to lower the price of GLP-1 drugs, following competition from Novo Nordisk.They have also recently lowered the price of their weight-loss drugs.Out-of-pocket prices for Wegovy and the diabetes medication Ozempic. https://finance.eastmoney.com/a/202512023579780327.html
In August of this year, Kelun Biotech’s market capitalization surpassed HK$100 billion for the first time, becoming a rising star in the innovative drug field. Since its listing on the Hong Kong Stock Exchange in July 2023, its share price and market capitalization have experienced dramatic ups and downs; however, setbacks have not hindered Kelun Biotech’s progress. Recently, Kelun Biotech announced that its domestically produced flagship ADC drug, saconduit (sac-TMT), in combination with Keytruda (pembrolizumab) in the first-line treatment of PD-L1 positive NSCLC, met its primary endpoint in the Phase III OptiTROP-Lung05 study. This marks another key step in Kelun Biotech’s globalization process, and domestically produced ADCs have officially launched their offensive in the lung cancer battlefield. 01 Phase 3 Success Sacubituzumab (sac-TMT) is an ADC targeting TROP2. The drug is composed of a humanized monoclonal antibody, sacituzumab, an enzymatically cleavable linker, and a novel topoisomerase I inhibitor, toxin T030. ...
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