biotech

New Business

China has 60 drugs under trial to rival Ozempic in US$150 billion weight-loss market

When Hong Kong office worker W.K. Chan began putting on weight as a teenager, her doctor said it was due…

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New Business

Chinese biotech firm Akeso tumbles on US partner Summit’s setback for cancer drug

Chinese biotech firm Akeso, whose cancer drug has been hailed as a breakthrough for the nation’s pharmaceutical industry, suffered a…

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New Business

Chinese biotech’s mega drug-licensing deals with multinationals surge on cost savings

A potential multibillion-dollar deal unveiled on Friday by CSPC Pharmaceutical Group is the latest in a growing number of agreements…

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New Business

Biotech’s DeepSeek moment: Hong Kong investor ORI sees opportunity in China with new fund

Hong Kong-based venture capital firm ORI Capital plans to launch a new fund to invest in Chinese healthcare start-ups, as…

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New Business

China’s Akeso, hailed as biotech’s ‘DeepSeek moment’, falls despite nod for cancer drug

Shares of Chinese cancer drug developer Akeso slumped on Monday despite the company receiving a second marketing approval from the…

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New Business

Trump vs China biotech: who will emerge victorious in the tariff trade war?

When the stock markets in Hong Kong and mainland China resumed trading after a long weekend on Monday, traders knew…

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New Business

Cathie Wood sees AI driving US$10 trillion global robotaxi revolution

Cathie Wood, the star stock picker behind Tesla’s stratospheric valuation, has doubled down on her bets, citing the convergence of…

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New Business

Chinese biotech firms cash in on promising drug discoveries via licensing deals

Licensing deals struck by Chinese biotech start-ups with overseas partners could potentially fetch billions in revenue if their drug candidates…

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New Business

Hong Kong biotech start-up eyes global pest control market with scent-based products

For Rick Lui, a decision to take a one-year break from university in 2021 is starting to pay off. A…

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Tech

Chinese biotech sector is blowing hot as M&A and IPO deals surge amid Covid-19 pandemic

China’s biotechnology merger and acquisition (M&A) transactions have almost doubled this year, with interest perking up among investors amid a…

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