WNA Globe

World News by Wild Rose

#pharmaceuticals ร—

Which company could become the Chinese Pfizer? Here are analystsโ€™ top picks

A handful of Chinese biotechnology companies are expected to bring medications to consumers in Europe and the US under their own brand names within the next 10 to 15 years, according to policy and industry analysts. Amid Chinaโ€™s early-stage drug outlicensing boom, discussions have arisen among investor and analyst circles as to when โ€“ and which โ€“ Chinese biotechnology companies will start selling their own drugs internationally. Outlicensing agreements typically refer to a company granting...

Telangana DCA busts illegal API sales unit in Hyderabadโ€™s Kukatpally

Chinaโ€™s drug regulator clears wave of home-grown innovative medicines amid biotech boom

Home-grown innovative drugs make up most of the medicines Chinaโ€™s drug regulator has approved for sale so far this year, underscoring the countryโ€™s biotech boom. Of the 19 innovative drugs cleared by the National Medical Products Administration (NMPA), 15 came from domestic companies, according to the regulatorโ€™s website as of May 21. These include sonrotoclax, developed by global biopharmaceutical firm BeOne, for treating certain adult blood cancers. The regulator overhauled its approval...