Shanghai Securities News China Securities(Reporter Zhang Xue) According to the official website of the National Medical Products Administration (NMPA), on October 30, Lepu Biopharma’s MRG003 (verbicotutomab) received conditional approval for marketing, for the treatment of patients with recurrent/metastatic nasopharyngeal carcinoma who have failed at least two lines of systemic chemotherapy and PD-1/PD-L1 inhibitor therapy. The brand name is Meiyouheng. This indication had previously been included in the priority review list by the NMPA’s Center for Drug Evaluation. Data shows that MRG003 is the world’s first approved EGFR (epidermal growth factor receptor) ADC (antibody-drug conjugate) drug, marking another newmonument. This drug is composed of a humanized EGFR monoclonal antibody and a potent microtubule-inhibiting payload—methylaurestatin E (MMAE)—conjugated via a valine-citrulline linker. It binds specifically and with high affinity to EGFR on the surface of tumor cells, releasing the potent payload through endocytosis and lysosomal protease cleavage, thereby leading to tumor cell death. EGFR is ...
Zhifei BiologicalIt delivered its worst third-quarter report in the past decade. According to its third-quarter report, in the first three quarters of 2025, Zhifei Biological Products achieved revenue of 7.627 billion yuan, a year-on-year decrease of 66.53%, and net profit of -1.206 billion yuan, a year-on-year decrease of 156.86%. The reason for the poor performance is straightforward—market sales fell short of expectations. On October 30th, Jiemian News sent an interview request to Zhifei Biological Products Co., Ltd. , but had not received a response by the time of publication. In the first three quarters of 2025, Zhifei Biological’s accounts receivable and inventory remained high. During the period, these two figures were RMB 12.814 billion and RMB 20.246 billion, respectively, accounting for 27.62% and 43.64% of total assets. High accounts receivable indicate that Zhifei Biological Products Co., Ltd. has not been able to receive payments from ...
Shanghai Securities News China SecuritiesOn the evening of October 30th, Borui Pharmaceutical…The company has officially announced the submission of its application for a Hong Kong IPO, aiming for a dual listing in both Hong Kong and mainland China (A-shares and H-shares). Huatai International is the sole sponsor for this offering. The company stated that this listing is an important step in its globalization strategy and will help further expand its overseas markets and strengthen its international business foundation. Borui Pharmaceutical plans to use the proceeds from this H-share issuance primarily for three purposes: supporting the research and development of existing and future innovative drug candidates in China and overseas; constructing or upgrading production and R&D facilities in China and abroad to improve automation levels; and supplementing working capital and other general corporate purposes. Financial data shows that Borui Pharmaceutical has maintained steady growth in recent years. From 2022 to 2024, the company’s revenue was RMB ...
①Novo Nordisk, the Danish pharmaceutical giant① Novo Nordisk made an all-cash offer of $56.50 per share to acquire the U.S. biopharmaceutical company Metsera, valuing the company at approximately $6 billion; ② A successful acquisition of Metsera by Novo Nordisk would solidify its position in the weight-loss drug market.Market leadership, and potentially impacting PfizerThis constitutes a major blow. Danish pharmaceutical giant Novo Nordisk said on Thursday that it has made a takeover offer for U.S. biopharmaceutical company Metsera, following Pfizer’s offer last week. In early trading on the US stock market, Metsera’s stock price surged more than 21%. As of press time, Metsera’s stock price has risen 250% year-to-date to $63.445, with a market capitalization of approximately $6.67 billion. Novo Nordisk claims it has made an all-cash offer of $56.50 per share, valuing the company at approximately $6 billion; while Pfizer previously offered $47.50 per share in cash, valuing the company at approximately $4.9 billion. In addition, both Novo Nordisk and Metera ...
CSL delayed plans to spin off CSL Seqirus as its own listed entity on the Australian Securities Exchange due to a drop in US vaccinations rates that the company described as “bigger than expected.”1 The company originally announced plans to spin off the influenza vaccine provider by next June. According to CSL, this would have involved cutting about 3,000 jobs. How else will dropping vaccination rates impact CSL’s business? The company also announced a reduction in its expected full-year revenue growth from 4-5% to just 2-3%. Following these announcements, company shares reportedly dropped 16%. However, the company still plans to perform the spin off, but only at a time when it believes that the market has stabilized. While the US market may not have good news for the company, it is seeing positive headlines from other parts of the world. On Thursday, CSL announced that CSL Seqirus and Vaccine Industrial ...
By Dennis Thompson HealthDay ReporterTHURSDAY, Oct. 30, 2025 (HealthDay News) — Doctors think they’ve figured out a way to predict who might lose vision due to a high brain pressure disorder. Idiopathic intracranial hypertension (IIH) occurs when there’s unexplained pressure buildup in the fluid that cushions the brain in the skull, researchers explain in the journal Neurology. If untreated, IIH can lead to blindness, researchers said. It mainly affects women of childbearing age who are obese. Researchers found that changes in the optic disc – the place inside the eye where the optic nerve connects to the retina – can predict who will develop blind spots in their vision or lose sharpness of vision. “The number of cases of idiopathic intracranial hypertension has been increasing, and it mainly affects young women, so we need more information about who is more likely to develop vision problems and how that process works,” ...
The 36th CPhI Worldwide Exhibition wrapped up in Frankfurt, Germany, on October 30, 2025, bringing together global pharmaceutical professionals for three days of innovation and collaboration. Amid the bustling exhibition halls, a clear shift was visible—business interactions between pharma suppliers and global buyers are moving beyond static displays to tech-enabled, precision matchmaking. Among the exhibitors, Drugdu.com stood out with a forward-thinking presence under the theme “Connect with Real Buyers”. The platform showcased not just its features, but a new approach to international outreach—where the booth becomes a front-line touchpoint, and the platform acts as the digital infrastructure behind global trade. The Drugdu.com team at CPHI Frankfurt 2025 Observation: Booth as a Touchpoint, Platform as a Back-End Engine Unlike traditional static product showcases, more companies are now using their booths as interactive touchpoints for engaging buyers, while relying on digital platforms to support follow-up, qualification, and lead conversion. At CPhI Frankfurt, ...
Drugdu.com expert’s response: Establishing a quality management system for medical devices is a critical measure to ensure their safety and effectiveness, safeguard patient health, meet regulatory requirements, enhance corporate competitiveness, and promote the healthy development of the industry. The specific reasons are as follows: I. Ensuring the Safety and Effectiveness of Medical Devices Direct Impact on Patient Health: The quality of medical devices directly influences the accuracy of diagnosis, efficacy of treatment, and speed of recovery for patients. For instance, defects in implantable cardiac stents may lead to thrombosis or stent fracture, endangering the patient’s life; inaccuracies in diagnostic reagents can result in misdiagnosis, delaying timely treatment. Reducing Medical Risks: Systematic quality management enables the identification and control of potential risks throughout production, transportation, and usage, minimizing the likelihood of product failures or malfunctions and thereby reducing the incidence of medical accidents. II. Meeting Regulatory and Compliance Requirements International Standards: ...
According to Sinovac BiotechNews: On October 23, 2025, Beijing Sinovac Biotech Co., Ltd. produced a trivalent influenza vaccine.The National Medical Products Administration (NMPA) has approved the expanded age range for the Sinovac Biotech vaccine Anlelaifu® (0.5ml/dose), increasing the target population to include individuals aged 6-35 months and expanding the applicable population to all individuals aged 6 months and older. This month, Sinovac’s quadrivalent influenza vaccine (0.5ml/dose) and trivalent influenza vaccine (0.5ml/dose) have also received approval for expanded age ranges, meaning the company’s seasonal influenza vaccines now offer a unified dosage form for individuals aged 6 months and older. Source: https://finance.eastmoney.com/a/202510303549825713.html
Shanghai Securities News China SecuritiesOn the evening of October 29th, Jiuzhitang…The company announced that it plans to acquire a portion of the equity of Harbin Jixianglong Biotechnology Co., Ltd. for RMB 210 million and increase its capital in Jixianglong by RMB 100 million. After the aforementioned transactions are completed, Jiuzhitang will hold 51.6667% of the equity of Jixianglong, and Jixianglong will be included in its consolidated financial statements. It is understood that Jixianglong is a company specializing in peptide generic drug raw materials, peptide drug formulations, and innovative drugs.Jixianglong is a national high-tech enterprise specializing in R&D, production, and technical services, possessing core technologies and processes for the large-scale production of peptide APIs. Jixianglong currently holds 10 API production licenses, 1 formulation license, and 1 API pending approval; 8 of its products are included in national centralized procurement. It ranks third in China in the number of peptide API licenses, with atosiban and oxytocin being ...
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