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Company Overview and News
With trade war fears plaguing the market, Chinese stocks have been receiving some bad rap recently. But don’t let this distract you. The top China-based stocks present stellar investing opportunities. And you don’t just have to take my word for it. Here we use TipRanks to pinpoint the best Chinese stocks according to the Street. This website tracks the latest ratings from over 4,800 analysts — so we can find the most highly-rated stocks with just a couple of clicks.
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CAMBRIDGE, Mass., and BEIJING, China, July 03, 2018 (GLOBE NEWSWIRE) -- BeiGene, Ltd. (NASDAQ:BGNE), a commercial-stage biopharmaceutical company focused on developing and commercializing innovative molecularly targeted and immuno-oncology drugs for the treatment of cancer, today announced that on June 29, 2018, the Compensation Committee of BeiGene’s Board of Directors granted restricted share units for an aggregate of 40,608 American Depositary Shares to 85 new employees under BeiGene’s 2018 Inducement Equity Plan.
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Hello all, and welcome to another edition of 3 Things in Biotech. Today, I'm going to do something a little extra for you. I'm offering a sneak peek into what members of the Total Pharma Tracker get every day. If you like what you see and would like to get more ideas like this each day, consider becoming a subscriber!
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Selecta Biopharma (SELB) recently presented more data from Phase 2 clinical trial of its lead candidate SEL-212 (SVP-Rapamycin + pegsiticase) in chronic severe gout. In this trial 27 patients were inducted. 81% of the patient group had a clearly marked lower level of uric acid after three months of drug administration. This extended data is a definite improvement over data from earlier Phase 2 data in which 19 patients were evaluated and 75% of them had a clearly low level of uric acid after a similar 3-month duration.
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CAMBRIDGE, Mass., and BEIJING, China, June 06, 2018 (GLOBE NEWSWIRE) -- BeiGene, Ltd. (NASDAQ:BGNE), a commercial-stage biopharmaceutical company focused on developing and commercializing innovative molecularly targeted and immuno-oncology drugs for the treatment of cancer, today announced that the company will present at the Goldman Sachs 39th Annual Global Healthcare Conference in Rancho Palos Verdes, CA.
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China is expanding efforts to keep its most promising companies from going public in Hong Kong or the US, with officials studying a new trading venue in Shanghai that would have lower thresholds for biotechnology and high-tech firms, people with knowledge of the matter said.
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The market is becoming more comfortable with risk as evidenced by the rise of the small cap index to a new all-time high.
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Fosun Pharma (SHA: 600196; HK: 02196) is one of the finalists in a $2 billion bidding war to acquire part of Novartis' (NYSE:NVS) US portfolio of generic drugs. Novartis is auctioning off US rights to lower-margined members of its Sandoz generic portfolio while it keeps the more profitable generics. India's Aurobindo, US-based Apollo Global Management and CVC Capital Partners, a Europe-Asia PE firm, have also been asked to submit final offers.
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2018-07-17 - Asif
History and Development of the Company Kitov Pharma was incorporated under the laws of the State of Israel (under a previous name) on August 12, 1968 and its ordinary shares were originally listed for trading on the TASE in 1978. The company's ordinary shares are currently traded on the TASE under the symbol “KTOV”, and its ADSs and its public warrants are traded on NASDAQ under the symbols “KTOV” and “KTOVW”, respectively. In October 2012, the District Court in Lod, Israel approved the creditors arrangement in accordance with Section 350 of the Companies Law in order to effectuate the sale by Kitov Pharma (then known as Mainrom Line Logistics Ltd.) of all its activities, assets, rights, obligations and liabilities to a private company held by its then controlling shareholders, and all rights of Kitov Pharma’s creditors against it were extinguished. The sale was made pursuant to an arrangement between Kitov Pharma and its creditors. Following such sale and a related cash...
2018-07-17 - Asif
Overview and Recent Developments Athersys is an international biotechnology company that is focused primarily in the field of regenerative medicine. The company's MultiStem® cell therapy, a patented and proprietary allogeneic stem cell product, is its lead platform product and is currently in later-stage clinical development. The company's current clinical development programs are focused on treating neurological conditions, cardiovascular disease, inflammatory and immune disorders, certain pulmonary conditions and other conditions where the current standard of care is limited or inadequate for many patients, particularly in the critical care segment. Current Programs By applying its proprietary MultiStem cell therapy product, the company established therapeutic product development programs treating neurological conditions, cardiovascular disease, inflammatory and immune disorders, and other conditions. The company's programs in the clinical development stage include ...
2018-07-16 - Asif
General The company's objective is to build a profitable and growing specialty therapeutics company. To meet this objective, Cytori Therapeutics has acquired and are developing two technology platforms that hold promise for treating millions of patients and represent significant potential for increasing shareholder value. The company's current corporate activities fall substantially into advancing these platforms: Cytori Nanomedicine and Cytori Cell Therapy. The Cytori Nanomedicine platform features a versatile liposomal nanoparticle technology for drug encapsulation that has thus far provided the foundation to bring two promising drugs into mid/late stage clinical trials. Nanoparticle encapsulation is promising because it can help improve the delivery and metabolism of many drugs, thus potentially enhancing the therapeutic profile and patient benefits. The company's lead drug candidate, ATI-0918 is a generic version of pegylated liposomal encapsulated doxorubicin. Pegyl...
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