Financial News

Week in Review: Three China In-Licensings and One Nixed Intra-China Deal

3SBio acquired China rights for a novel renal failure drug from the Shanghai Institute of Materia Medica; BioChain, a US-China clinical diagnostics company, purchased exclusive China rights to an in-vitro diagnostic test for colorectal cancer from Epigenomics of Germany; Bristol-Myers Squibb in-licensed exclusive China rights to market Coniel, a calcium channel blocker, from Kyowa Hakko Kirin of Japan; Sichuan Kelun Pharma will not complete its previously announced acquisition of a 20% stake in Lijun International Pharma; Charles River Labs purchased BRASS Pte Ltd, a Singapore-based microbiology test lab; China scientists have produced a flu vaccine for the H7N9 bird flu virus, and two China pharmas expressed interest in producing it; WuXi PharmaTech obtained GMP approval from the US FDA for a small molecule API and advanced intermediate CMO facility; Sanofi’s global revenues dropped 6.7% to $11.6 billion in Q3, though China sales were up a modest 5% to $477 million; and Cellular Biomedicine, a US-China stem cell company, is launching a kit in China that isolates stromal cells from adipose tissue.  More details…. Stock Symbols: (F: ECX, OTC: EPGNY) (NYSE: BMY) (TYO: 4151) (SHE: 002422) (HK: 2005) (NYSE: CRL) (NYSE: WX) (NYSE: SNY) (OTCQB: CBMG) Share this with colleagues: // //  
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback