innovative drugs

New Business

China’s southwestern industrial base eyes breakthroughs on novel drugs

Chongqing, a key economic hub in southwest China, has unveiled a plan to support the development of innovative drugs as…

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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

GSK signs US$12.5 billion licence deal with Hengrui as China rises in global pharmaceuticals

GlaxoSmithKline (GSK) will pay a Chinese company US$12.5 billion for exclusive global rights to develop a dozen drugs, in a…

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New Business

China’s plan to boost drug coverage by commercial insurers no ‘magic wand’, analysts say

Beijing’s plan to publish China’s first list of innovative drugs eligible for coverage by commercial health insurance will draw keen…

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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

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

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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