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Week In Review: China Life Science Announces $5 Billion In Deals, A Weekly Record
Article By:
ChinaBio® Today
Saturday, July 18, 2020 5:38 PM EST
BeiGene, a Beijing oncology drug biopharma, announced a $2.1 billion private placement that will bring its cash holdings to almost $5.5 billion The company is developing a portfolio of 25 candidates, with several of them in Phase III tests.
Week In Review: Leo Pharma Acquires Atopic Dermatitis Candidate From Taiwan-China Company In $570 Million Deal
Article By:
ChinaBio® Today
Saturday, April 18, 2020 4:41 PM EST
Leo Pharma, a Denmark dermatology company, acquired global rights to a novel treatment for atopic dermatitis (AD) and allergic asthma in an agreement worth up to $570 million. Leo acquired FB825 from Oneness Biotech of Taiwan and Microbio Shanghai.
Week In Review: CICC Capital Closes $229 Million China Fund For Biologics
Article By:
ChinaBio® Today
Saturday, February 29, 2020 1:50 PM EST
CICC Capital closed a $229 million investment fund for biologics, with investments coming mainly from Chinese organizations inside and outside the biopharma industry. Some of the money will go to companies making COVID-19 vaccines and therapies.
Week In Review: Shanghai's I-Mab Plans $100 Million NASDAQ IPO On January 16
Article By:
ChinaBio® Today
Sunday, January 5, 2020 10:20 AM EST
I-Mab, a Phase III Shanghai immunoncology-autoimmune biopharma, announced the terms for its $100 million IPO on the NASDAQ exchange at a market value of $750 million. The company plans to offer 7.4 million shares between $12 and $15.
The World Has Turned Sunny
I don't really understand why $BGNE was downrated. The news was positive.