“Recently, the “Yiguanjian Granules” developed by Shanghai Kaibao Pharmaceutical Co., Ltd. were approved by the National Medical Products Administration for marketing, becoming the first 3.1-type new Chinese medicine in Shanghai derived from an ancient classical prescription. In 2018, the National Administration of Traditional Chinese Medicine, in conjunction with the National Medical Products Administration, announced the “Directory of Ancient Classical Prescriptions (First Batch)”, which included a total of 100 prescriptions, with “Yiguanjian” being listed among them. After more than 6 years of research and development, this classic prescription has regained new vitality and been transformed into a modern preparation with stable quality, good safety, and convenient administration. In recent years, the National Administration of Traditional Chinese Medicine has organized and promoted the research work on the key information verification of ancient classical prescriptions, and jointly with the National Medical Products Administration, announced three batches of the “Directory of Ancient Classical Prescriptions”, ...
Recently, Pien Tze Huang’s 2024 performance report was released. In 2024, the company achieved total operating revenue of approximately 10.769 billion yuan, an increase of 7.06% compared with 10.058 billion yuan in the same period of the previous year. The net profit reached 2.974 billion yuan, an increase of 6.32% compared with 2.797 billion yuan in the same period of the previous year. In terms of performance growth rate, in 2023, Pien Tze Huang’s operating revenue increased by 15.69% year – on – year, and the net profit increased by 13.15% year – on – year. In 2024, the performance growth rate of Pien Tze Huang slowed down. Looking at single – quarter performance, in the fourth quarter of 2024, Pien Tze Huang achieved operating revenue of 2.32 billion yuan, a year – on – year decrease of 5.7%; the net profit was 290 million yuan, a year – on ...
On the morning of January 22, Lepu Biopharma (02157.HK) announced a global exclusive licensing agreement with ArriVent BioPharma, Inc. (AVBP.O, hereafter referred to as ArriVent) for an antibody-drug conjugate (ADC) called MRG007, aimed at gastrointestinal cancers. The company’s stock opened over 13% higher in the morning, and as of the time of publication, it rose 7.95% to HKD 2.58/share. According to the agreement, Lepu Biopharma grants ArriVent the global exclusive license to develop, manufacture, and commercialize MRG007 in regions outside Greater China (which includes mainland China, Hong Kong, Macau, and Taiwan). Lepu Biopharma will receive a total upfront payment of $47 million, with upcoming milestone payments, and up to $1.16 billion for development, registration, and sales-related milestone payments, as well as tiered royalties based on net sales outside Greater China. Lepu Biopharma announced that MRG007 showed strong anti-tumor activity in preclinical models of gastrointestinal cancers and demonstrated a high therapeutic ...
Watson Bio (300142) announced on the evening of January 21 that the 20-valent pneumococcal polysaccharide conjugate vaccine jointly developed by the company and its subsidiaries Yuxi Watson Biotechnology Co., Ltd. and Yunnan Vaccine Laboratory Co., Ltd. applied to the National Medical Products Administration for clinical trials and recently obtained the “Acceptance Notice”. The 20-valent pneumococcal polysaccharide conjugate vaccine (PCV20) is independently developed by the company. It is an upgraded product developed on the basis of the company’s 13-valent pneumococcal polysaccharide conjugate vaccine that has been produced and marketed, covering more pneumococcal pathogenic serotypes. In addition, the company decided to terminate the clinical research related work of the DTaP-Hib quadruple vaccine. https://finance.eastmoney.com/a/202501213303737886.html
According to the Hong Kong Stock Exchange’s disclosure on January 21, Shanghai Baoji Pharmaceutical Co., Ltd. (hereinafter referred to as “Baoji Pharmaceuticals”) submitted a listing application to the Hong Kong Stock Exchange, with CITIC Securities and Haitong International as joint sponsors. Since its establishment in 2019, the company has always focused on the research and development of large-scale biological drugs, and is committed to improving treatment standards by replacing biochemical extraction products derived from animal organs, blood or urine, or upgrading existing treatments in other ways. According to Frost & Sullivan, the combined potential market size of these four areas will exceed RMB 50 billion in 2033: (i) large-volume subcutaneous administration, (ii) antibody-mediated autoimmune diseases, (iii) assisted reproductive drugs, and (iv) transformative products that replace traditional biochemical products with recombinant biopharmaceuticals. As of the Latest Practicable Date, the Company has built a differentiated R&D pipeline covering the above four therapeutic ...
On January 16, 2025, Huapu Biotechnology completed the company’s change registration, the board of directors was adjusted, and Liu Yongjun was appointed as the chairman. This is also the first time that Liu Yongjun has clearly announced his new destination since leaving Shiyao Group in December last year. Huapu Biotechnology was founded in 2001 and is located in Shijiazhuang, Hebei Province. Based on immunology, it focuses on the development of new drugs in the fields of tumors, infections, and autoimmune diseases. At present, a CpG technology platform has been established for the development of innovative vaccines, tumor immunotherapy, etc. Liu Yongjun was established as a scientific founder at the beginning of the company, and another scientific founder was Professor Chen Jianzhu. Wang Xinzhong, the founder of Fushengkang, served as the global R&D president and chief scientist of the company after the merger was completed. The three R&D experts are all ...
Soon after taking office for his second term, US President Donald Trump signed an executive order on Monday (January 20) directing the United States to withdraw from the World Health Organization (WHO), saying the agency had mishandled the Covid-19 pandemic and other international health crises. Trump said the WHO failed to act independently of “undue political influence from WHO member states” and also asked the United States to “unfairly pay huge fees” that were disproportionate to the amounts provided by other larger countries such as China. “The World Health Organization ripped us off, and everyone ripped off the United States. That won’t happen again,” Trump said as he signed an executive order to withdraw from the organization at the White House just hours after taking office. The WHO did not immediately respond to a request for comment. The move means the United States will withdraw from the UN health agency ...
In the tide of the capital market, the performance of enterprises is like a beacon, guiding the direction of investors. The 2024 annual performance profit forecast announcement of Sinocell undoubtedly brought a touch of light to many followers. Recently, Sinocell officially released the 2024 annual performance profit forecast announcement. As a leading company in China’s biopharmaceutical industry, Sinocell has achieved significant performance growth in the past year: the company expects to achieve revenue of 2.48 billion yuan to 2.54 billion yuan during the reporting period, a year-on-year increase of more than 30%; net profit attributable to the owners of the parent company is expected to be 0.9 billion yuan to 1.3 billion yuan; net profit attributable to the owners of listed companies after deducting non-recurring gains and losses is expected to be 450 million yuan to 490 million yuan. So far, all three major performance indicators of Sinocell are expected ...
With the expected failure of the US Biosafety Act, just like Godot who will never show up, industry and capital participants have to think about the real role and value provided by CXO in the industry during the long wait. This experience is not only a test of patience, but also prompts everyone to think deeply. Just as people were speculating on the direction of the bill under the new government and the new Congress, WuXi AppTec (54.570, -0.92, -1.66%) unexpectedly began to sell assets frequently. First, on December 24 last year, it announced the sale of two cell gene therapy companies in the United States and the United Kingdom; then it sold part of its shares in WuXi Helian for more than 2 billion yuan; on January 18 this year, WuXi AppTec announced again that it would sell its US medical device testing platform to the US medical device ...
Stem cells have strong self-repair and regeneration capabilities. Stem cell regeneration intervention has always been considered to be able to cure a variety of difficult and complicated diseases. In recent years, the pace at which global pharmaceutical companies have made breakthroughs in the field of stem cell therapy has continued to accelerate. Data show that by the end of 2024, there will be more than 8,300 related projects on the US Clinical Trials Registry website. Other data predict that by 2034, the global stem cell market size will grow to approximately US$48.83 billion, an increase of more than 200% from US$15 billion in 2023. It is reported that recently, in the field of stem cells, good news has been repeatedly reported in domestic and foreign markets. For example, on December 18, 2024, the US FDA announced the approval of Mesoblast’s allogeneic bone marrow mesenchymal stromal cell (MSC) therapy Ryoncil (remestemcel) ...
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