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2023-06-18 07:05:00 ET Summary San Diego-Shanghai company Cullgen will collaborate with Japan's Astellas Pharma to discover multiple innovative protein degraders in a deal worth up to $1.9 billion. Cholesgen (Shanghai) formed a three-year collaboration with AstraZeneca to develop ...
2023-06-03 12:00:00 ET The American Society of Clinical Oncology ( OTC:ASCO ) annual meeting just got underway Friday in Chicago, kicking off the cancer community's largest medical meeting of the year. The event is closely watched by many investors as companies large and small m...
2023-05-14 14:20:00 ET Summary Bliss Biopharma (Hangzhou) announced it may out-license global rights (ex-China) for its HER2 ADC to Japan’s Eisai Pharma in a deal with a potential value of $2 billion. Shanghai Junshi Bio out-licensed regional rights for its anti-PD-1 mAb to...
2023-04-17 09:00:14 ET Summary Sana Biotechnology has two recent pre-clinical studies that showed positive results. SANA shares were up >50% for the week, but prices are likely to slide down in the near-term. Sana Biotechnology doesn't know how to promote or position its pi...
2023-03-27 06:27:57 ET After a ~3% decline in the previous session, Incyte ( NASDAQ: INCY ) shares recovered in the pre-market trading Monday after announcing that the ministry of health in Japan approved its kinase inhibitor, Pemazyre, for bone cancer 8p11 myeloproliferative ...
Summary Jiangsu Hengrui Pharma out-licensed US rights for a novel small-molecule EZH2 inhibitor in a $706 million agreement with Connecticut's Treeline Biosciences. A CSPC Pharma subsidiary out-licensed ex-China rights for a Nectin-4 antibody drug conjugate to Boston’s Corbus Pha...
Summary Structure Therapeutics raised $161 million in a successful US IPO to support development of its oral therapeutics portfolio aimed at chronic metabolic and pulmonary diseases. CS Pharmaceuticals entered a $336 million agreement for greater China rights to a PRS inhibitor, Bersipo...
Summary Qitan Technology, a Chengdu nanopore sequencing company, completed a $101 million Series C round to support its commercialized nanopore devices. Takeda was approved to launch Exkivity (mobocertinib) in China to treat NSCLC patients with epidermal growth factor receptor (EGFR) Ex...
Summary The innovative drug maker has been approved to sell two more cancer drugs in China, but that hasn’t lifted its stock price. Innovent Bio has brought several drugs to market in recent years, including two announced last week, but is still losing money with no profits...
Summary China pharma company Jinxi Jemincare out-licensed global rights for its androgen receptor degrader to Roche in a $650 million agreement. The oral small-molecule candidate, developed in Jemincare’s R&D center, is currently in preclinical testing. Shanghai IASO Bi...