wow - Charles Lieber, the retired Harvard University chemist convicted in 2021 for not disclosing his China ties, joined Tsinghua University as a chair professor
www.scmp.com/news/china/s...
@ambertongpw.bsky.social
Reporting on China/Asia biotech and pharma for Bloomberg News | ๐ Hong Kong | ptong38@bloomberg.net | Formerly: Endpoints News | Views are my own
wow - Charles Lieber, the retired Harvard University chemist convicted in 2021 for not disclosing his China ties, joined Tsinghua University as a chair professor
www.scmp.com/news/china/s...
Misunderstanding of drug labels can be dangerous for the patient and costly for the healthcare system.
I visited a social enterprise in Hong Kong trying to prevent that by promoting traffic sign-like icons: 
www.bloomberg.com/news/newslet...
Ascentage Pharma, which scored an option deal and equity investment from Takeda earlier this year, is another step closer to a Nasdaq IPO after securing a listing notice from the China Securities Regulatory Commission.
The US-China biotech is developing targeted cancer therapies
ADC assets from WuXi Biologics revive a struggling US biotech:
Aadi Bioscience, which laid off the majority of its staff in August after disappointing results, "transforms" by licensing 3 ADCs from WuXi and Hangzhou DAC, selling its only commercial drug for $100M and raising another $100M in a PIPE
ICYMI: Lilly's Kisunla approved in China to treat early symptomatic Alzheimer's disease, facing off Biogen/Eisai's Leqembi
www.prnewswire.com/news-release...
Last night, China unveiled latest batch of 62 drugs added to volume-based procurement (VBP) program. The bulk purchase program, which focuses on off-patent drugs, is designed to push prices down
Notably, unlike in previous years, authorities didn't disclose the average price cut
Still slowly moving over. For new #biosky friends: I write about the growing role Asia, in particular China, plays on the global business of creating new medicines. I also track the evolving China biopharma market, among other things. 
Here's a recent story:
www.bloomberg.com/news/article...
Merck partner Kelun Biotech says its TROP2 ADC โ the most advanced program in their deal โ is approved in China 
sacituzumab tirumotecan (SKB264/MK-2870) is the first homegrown ADC to win China OK. Merck is running global Phase 3 trials 
initial indication: 3rd line TNBC
China has pledged to encourage more research in gene and cell therapies at the countryโs biotech hub in the eastern Chinese city of Suzhou, in the latest bid to bolster the countryโs standing at the cutting edge of global drug research.
www.bloomberg.com/news/article...