Nanjing Xinjiekou Department Store made an unsolicited $966 million offer to buy China Cord Blood, topping a $771 million offer from major owner, Golden Meditech; Sanjiu Medical & Pharma will pay $209 million to acquire Zhejiang Zhongyi Pharma; Mevion Medical, a Massachusetts proton therapy company, raised $200 million in a China-led financing; Cold Genesys of Los Angeles announced a $10 million Series B round from two China-affiliated firms to develop cancer drugs; Sorrento Therapeutics of San Diego in-licensed four mAbs from Mabtech, a China biopharma holding company; San Diego-based ResMed acquired fellow sleep-disorder company Curative Medical of Suzhou; Luye Pharma will invest in Singapore's Vela Diagnostics; the CFDA proposed new drug approval rules to insure safer drugs and faster approvals; Beijing's BeiGene was given CFDA approval to conduct China Phase I clinical trials of a novel cancer drug; India plans to house 50 China pharmas in Pharma City near Hyderabad; and Jun Wang, former CEO of Shenzhen's BGI, wants to use artificial intelligence on 100 million human genomes to advance human health.
Help employers find you! Check out all the jobs and post your resume.
Help employers find you! Check out all the jobs and post your resume.