Led by Abogen, infectious disease drugmakers post record August fundraising
Minhua Chu · 09/17/2021
Chinese biotech companies raised a total of $2.64 billion from 28 disclosed deals in August.
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SciClone licenses Tarveda's preclinical HSP90-PI3K miniature drug conjugates for Greater China
Elise Mak · 4 days ago
SciClone has licensed in the Greater China rights to a preclinical-stage product portfolio of miniature drug conjugates that consist of a PI3K inhibitor payload moiety, a linker, and an HSP90 binding moiety.
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IASO bags $108M Series C to advance cell therapy
Elise Mak · 4 days ago
The CAR-T therapy developer has raised more than $178 million since its establishment in 2017.
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After mRNA, Everest gains BTK inhibitor in $561M deal to fight renal diseases
Elise Mak · 4 days ago
Everest will pay Suzhou Sinovent and SinoMab BioScience up to $561 million to license the global rights to BTK inhibitor XNW1011, four days after the mRNA transaction with Providence that is worth over $500 million.
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Partnership with Providence “immediately establishes Everest as a major mRNA player in Asia,” says Woo
Elise Mak · 5 days ago
Everest Medicines is the latest to join the course by tapping the mRNA technology, an area that Chinese players are flocking to.
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BeiGene's Brukinsa wins FDA approval in marginal zone lymphoma
Elise Mak · 5 days ago
BeiGene's BTK inhibitor Brukinsa received accelerated approval from the FDA for the treatment of adult patients with relapsed or refractory (r/r) marginal zone lymphoma (MZL) who have received at least one anti-CD20-based regimen.
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InnoCare seeks $621M STAR listing
Elise Mak · 5 days ago
Cancer drug developer InnoCare, known for its BTK inhibitor Yinuokai (orelabrutinib), is now seeking to raise RMB4 billion ($621 million) on Shanghai's STAR market.
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South Australia an ideal start for biotech R&D
Elise Mak · 6 days ago
Representatives of these players offered their insights to Chinese biotech companies at the South Australia ∙ Clinical Trials Ecosystem – China Event Series zoom webinar on Sep. 13.
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Alebund bags $54.5M Series B+ to target renal disease
Elise Mak · 6 days ago
Alebund Pharmaceuticals, a renal disease specialist based in Shanghai, has secured $54.5 million in a Series B+ round to support its clinical programs and construction of a manufacturing site. The pro
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MingMed raises $50M Series A+ to support U.S. eye drug trial
Elise Mak · 6 days ago
MingMed, which was founded in October 2019, boasts a pipeline that covers ophthalmology, small molecule immuno-oncology, gene editing-based immunotherapy, medical aesthetics, and pet medicine.
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Cytovia and its China JV secures $45M to develop NK cell therapy
Elise Mak · 6 days ago
Cytovia Therapeutics and its Chinese joint venture CytoLynx Therapeutics have raised $45 million to move their cell therapy candidates to IND stage and support the trials.
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