A year after its launch in Shanghai, Roche China Accelerator said it has identified nine local innovative drugmakers to join efforts with the pharma giant. More news from VerImmune, U-Synbio, Hansoh, ACEA Pharma, CANSino, Bayer.
Verge Genomics has closed a $98 million Series B financing to help advance its neurological disease portfolio into the clinic and expand its drug discovery platform, and more news from Skyline, Denovo, Antengene, Zai Lab, Hansoh, Pfizer, Numab, and Vitalgen BioPharma.
Qilu Pharmaceutical has licensed in Arbutus Biopharma Corporation's AB-729 for the treatment or prevention of hepatitis B in Greater China, and more news from Hansoh, Biosion, IASO, Innovent, Junshi, Coherus and Antengene.
Chinese drugmakers struck 14 licensing deals in October with five of them exceeding $100 million. Hansoh Pharma announced two big deals worth nearly $2 billion in total to mark its foray into siRNA therapeutics.
In an ongoing dispute surrounding Abraxane (paclitaxel), a drug that BeiGene licensed from BMS' subsidiary Celgene in 2017, the Chinese drugmaker said it intends to contest "vigorously" the termination proposed by its partner, and more news from GV20 Oncotherapy, HANSOH Pharma, Hengrui Pharma and Anticancer Bioscience.