A person in charge of Northeast Pharmaceutical recently stated in an interview with China Securities Journal that in recent years, the company has strategically laid out a new track for biopharmaceuticals and seized the pharmaceutical “blue ocean” market with more “new brand” products. In the future development, the company will continue to implement the “innovation+imitation” dual wheel drive strategy, and on the basis of further strengthening traditional businesses such as raw materials and chemical generic drugs, continue to focus on the new track of biopharmaceuticals, fully build new advantages for latecomers, and provide strong impetus for long-term development. Entering the field of cell therapy As an old pharmaceutical company with a history of 78 years, Northeast Pharmaceutical has always focused on raw materials and chemical generic drugs as its main products. It should be noted that in the pharmaceutical industry, including sub sectors such as chemical drugs, the track is ...
Drugdu.com expert’s response: In the context of normalized centralized procurement, the medical device industry faces a new market environment and competitive landscape. To explore new channels and markets, enterprises can proceed from the following aspects: Ⅰ. Optimize Resource Allocation to Enhance Product Competitiveness Focus on Innovative Research and Development: Medical device enterprises should increase investment in innovative research and development to launch products with differentiated competitive advantages, thereby avoiding the risks associated with centralized procurement of homogeneous products. Through innovation, enterprises can open up new market segments, meet the needs of specific patients, and thus obtain higher market shares and profit margins. Diversify Product Lines: Expand the industry chain and enhance risk resistance capabilities with a multi-product portfolio. Enterprises can achieve seamless integration of the industry chain by acquiring upstream and downstream related enterprises, thereby enhancing product competitiveness and creating a synergistic effect. Ⅱ. Leverage Centralized Procurement Platforms to Expand Sales ...
Together with Takeda Pharmaceuticals and Corplex, Schott Pharmaceuticals has successfully conducted a ton level emission reduction pilot study, improving resource utilization efficiency and reducing carbon emissions in the pharmaceutical supply chain Research has shown that closed-loop recycling of pallets used for packaging and shipping drug sealing solutions is technically and supply chain feasible. When using 70% recycled materials for pallets, greenhouse gas (GHG) emissions can be reduced by up to 50%. Schott Pharmaceuticals, a supplier of drug packaging and delivery solutions, Corplex, a leader in transportation packaging design, manufacturing, and recycling, and Takeda Pharmaceuticals, a leading global biopharmaceutical company, are collaborating to promote circular economy solutions in the pharmaceutical industry. Three companies have collaborated to conduct a pilot study on the closed-loop recycling of disposable pallets. During drug transportation, these trays are used to hold injection bottles, syringes, and ampoules, and are currently only for disposable use. We strive to ...
As one of the important treatment methods for tumors, the global radiotherapy industry is currently entering the path of precision, intelligence, and personalized development. Among them, precision radiotherapy, as an efficient, personalized, and precise cancer treatment method, is considered a new era in cancer treatment. Recently, there has been good news from the radiation therapy industry once again. On November 25th, Baiyang Pharmaceutical officially announced the acquisition of ZAP Surgical Systems, Inc.’s head and neck X-ray radiosurgery treatment system (trade name: ZAP-X) ® The exclusive commercial rights of the Mars Ark Radiosurgical Robot (ZAP-X) and related accessories in mainland China, Hong Kong, and Macau will fully promote the faster landing and wider application of ZAP-X in the Chinese market. 01. The world’s first self shielded radiotherapy surgical robot, solving pain points in the head and neck radiation surgery industry Public information shows that the common indications for ZAP-X include all ...
In June 2023, Astellas Pharma Inc. announced a research collaboration and exclusive selection agreement with Cullgen for a total amount of up to $1.9 billion, with a $35 million advance payment and $85 million option exercise fee. Used for collaborative development of potential first in class protein degrading agents. On November 13, 2024, Pulmatrix (NASDAQ: PULM) announced a merger agreement with Cullgen. At present, Cullgen has three degradation agent projects that are about to or are in the process of initiating phase I clinical trials. Two of the projects are used to treat cancer, and one project is used to treat acute and chronic pain. The merged company is expected to have approximately $65 million in cash and cash equivalents upon completion of the merger, providing funding for multiple clinical milestones and expected to sustain operations until 2026. CG001419 is an oral pan TRK degrader in the clinical stage, and ...
On November 6, Trump scored twice and won the new US presidential election. The White House once again welcomed this Republican familiar. For a long time, the Republican Party has been more conservative and “cold” towards the biopharmaceutical industry than the Democratic Party. Trump is no exception: the Republican Party takes the “small government” route, and he has long focused his position on opposing government intervention. For pharmaceutical companies, this is a good thing: a relatively loose policy environment is more conducive to the free development of the industry. A pharmaceutical practitioner in the United States explained the industry sentiment in this way: “Generally speaking, Pharma believes that Trump may revise the previous radical IRA (Inflation Reduction Act) and re-emphasize market logic; some biotechs are on the sidelines; the worst may be some public research institutions and public health institutions. According to Trump’s previous attitude, their funding will be much ...
On November 21, Fortimedix Surgical announced that it had been successfully acquired by Medtronic. Fortimedix is known for its unique articulated instrument technology, which subverts tradition and is committed to setting a benchmark in the field of robotic and non-robotic endoscopic treatment and minimally invasive surgery. “We are delighted to announce that Fortimedix Surgical has officially joined the Medtronic family,” the company shared on LinkedIn. “This collaboration will apply our articulated instrument technology to patient treatment and open a new chapter. We look forward to shining on the Medtronic platform.” The official website of Fortimedix shows that the company uses full laser cutting technology to create a multi-layer nested and welded product architecture. This innovative process magically transforms ordinary metal tubes into flexible articulated shafts, which have hundreds of precision moving parts after assembly, and are powerful and complex. This proprietary technology has shown great value in endoscopic treatment and ...
Financial Center, November 25 – TJ Pharma (600488) announced that its subsidiary has received approval for a new specification of potassium chloride injection and has passed the consistency evaluation for generic drugs. The announcement indicated that the subsidiary in Hubei has recently received an approval notice from the National Medical Products Administration for the addition of a new specification of 10ml:1.5g for potassium chloride injection. The drug is used to treat and prevent hypokalemia, particularly in cases where oral potassium supplementation is not possible. So far, Hubei TJ Pharma has invested approximately 5.57 million yuan in research and development costs for the potassium chloride injection project. According to data from Mianei Network, the domestic sales of potassium chloride injection were 612 million yuan and 661 million yuan in 2022 and 2023, respectively. The addition of the new specification and passing the consistency evaluation will help enrich medication options for patients, ...
Beijing Business News (Reporter Ding Ning) – On the evening of November 25, Anke Biotechnology (300009) announced that it had received the “Acceptance Notice” administrative licensing document from the National Medical Products Administration. The company’s supplementary application for a new indication of its human growth hormone injection for small for gestational age (SGA) children has been accepted. Anke Biotechnology stated that its human growth hormone injection features no preservatives and is user-friendly. This new indication adds to the eight previously approved indications for the product; if approved, it will help meet the clinical medication needs of such children and enhance the company’s market competitiveness. https://finance.eastmoney.com/a/202411253250010353.html
As of 09:49 on November 25, 2024, the CSI Hong Kong Stock Connect Medical and Health Composite Index (930965) has risen strongly by 1.05%, with component stocks such as Zaiding Pharmaceutical (09688) rising by 7.79%, Kelombotai Bio-B (06990) rising by 5.24%, Kangfang Bio-B (09926) rising by 3.67%, and stocks such as WuXi AppTec (02268) and Kangnuoy-B (02162) following suit. The Hong Kong Pharmaceutical ETF (513700) rose by 0.99%. Over time, as of November 22, 2024, the Hong Kong Pharmaceutical ETF has risen by 10.99% in the past three months. In terms of scale, the Hong Kong Pharmaceutical ETF has grown by 36.8335 million yuan in the past week, achieving significant growth. From a valuation perspective, the latest P/E ratio (PE-TTM) of the China Securities Hong Kong Stock Connect Medical and Health Composite Index tracked by the Hong Kong Pharmaceutical ETF is only 27.24 times, at the 16.77% percentile in the ...
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