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Insilico signs US$888 million AI drug-development deal days after Hong Kong IPO

The deal comes just days after the US company’s shares debuted following its initial public offering (IPO), which raised HK$2.28…

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New Business

China’s rising biotech clout on show in flurry of billion-dollar licensing deals

Chinese drugmakers have signed a late-year burst of out-licensing agreements with overseas partners, underlining China’s growing role as a source…

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New Business

China biotech forum bills antibody cancer drugs as next-generation treatment

Antibody-drug conjugates (ADC), a fast-growing next-generation cancer treatment, have become an investment hotspot due to its potential to become mainstream…

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New Business

China’s Akeso, dubbed biotech’s DeepSeek, gets share boost on cancer-drug trial data

Shares of Chinese drug firm Akeso – likened by some Western media outlets to artificial intelligence start-up DeepSeek – rose…

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New Business

China’s healthcare sector sees record US$10.6 billion fundraising as biotech booms

China’s healthcare sector is on track to secure record fundraising this year, driven by robust global investor demand and growth…

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New Business

Chinese pharma firms Hengrui, Hansoh expected to post strong first-half profits

Jiangsu Hengrui Pharmaceuticals and Hansoh Pharmaceutical Group, two of China’s largest drug makers, are expected to report significantly improved profits,…

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New Business

Blondie drummer Clem Burke dies aged 70 after private battle with cancer

Clem Burke, the iconic drummer of Blondie, has passed away at the age of 70 following a private battle with…

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New Business

China expands health insurance coverage with 91 new drugs, breakthrough treatments

China has added dozens of new drugs to its health insurance reimbursement list, signalling support for innovative treatments while keeping…

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New Business

Li Ka-shing’s HutchMed sets up first drugs research facility in Hong Kong

HutchMed aims to establish a bigger presence in the city when the first wet laboratories at the much larger Hong…

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Tech

Yifan Pharma’s unit, eyeing US$5.5 billion post-chemotherapy treatment market dominated by Amgen, considers IPO in 2021

Evive Biotech, a unit of Shenzhen-listed Yifan Pharmaceutical, aims to break the dominance of American drugs developer Amgen in the…

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