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Biomedicine: Industry Trends
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Biomedicine: Industry Trends
Learn about China’s biomedical breakthroughs, from cutting-edge pharmaceuticals to life-saving research, driving global health innovation.
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last updated:
12 December, 2024
Science
China-born biologist Wang Cunyu returns from decades in US to head institute
Wang was recognised by Science magazine in 1996 for his work on cancer cell death.
23 Dec 2024 - 10:57PM
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New medical drugs
Novel drug awaits Hong Kong diabetics suffering from debilitating eye disease
16 Dec 2024 - 9:07AM
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Biomedicine: Companies
China welcomes new US$1 billion Sanofi project in Beijing
3 Dec 2024 - 8:00PM
SCMP Highlights
Recap
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‘Promising’ steps to HIV vaccine, Trump tariffs threaten profits: 5 biotech stories
Discover breakthroughs in the biotech world, from a potential HIV cure to China’s booming drug market and innovative coronavirus treatments, in some of our latest stories.
22 Nov 2024 - 4:10PM
Biomedicine: Companies
Chinese biotech firms brace for Trump tariffs, US funding bill
Efforts to expand sales of high-value products in China and non-US markets would cushion the blow, analysts say.
22 Nov 2024 - 7:30AM
China economy
China No 2 in new drugs on the way as market scale tops US$13 billion
China has already approved nearly thrice the number of innovative drugs than in the 13th five-year plan, Shanghai forum hears.
17 Nov 2024 - 8:00PM
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Hong Kong
Vaccine shows promise in curing HIV, Hong Kong start-up says
‘We may be on the brink of a breakthrough,’ Dr Edward Leong, advisory board chairman of Immuno Cure says.
14 Nov 2024 - 8:39PM
Health in China
Chinese pharmaceutical companies look abroad for growth markets
Shanghai Henlius struck a deal in Saudi Arabia while XtalPi signed a partnership with Sinar Mas Multiartha in Indonesia.
11 Nov 2024 - 7:01PM
Greater Bay Area
Hong Kong health-tech start-ups create digital wearables for seniors
With a regulatory approach that expands the market for such devices to the Greater Bay Area, local companies see opportunity for growth.
3 Nov 2024 - 12:39PM
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Biomedicine: Companies
Hong Kong health tech: private-public alliance advances male HPV testing
Neo-Health Group says its device, developed with a government-backed research institute, will also help test for skin infections and cancers.
17 Oct 2024 - 8:30AM
Health & Fitness
Ultrasound cancer treatment, supported by Li Ka-shing, gains traction in Asia
Focused ultrasound, backed by Li Ka-shing, is emerging as a non-invasive, commercially viable cancer treatment, attracting significant investments.
29 Sep 2024 - 7:09PM
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Science
China’s strides in academic research seen to narrow US lead in medical science
Growing momentum in research sets China up as a formidable player in future of global healthcare, according to scientific publishers.
25 Sep 2024 - 4:14PM
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China technology
China eyes sci-tech venture capital to boost industrial upgrade, economic growth
Premier Li Qiang said on Wednesday the development of venture capital is critical to sci-tech innovation, industrial upgrading and the growth of the economy.
19 Sep 2024 - 5:26PM
China's economic recovery
Will medical tourists be the next to benefit from China’s visa-free push?
China is not generally considered a go-to option for healthcare and treatments, with the US, South Korea, Japan and Turkey already on the map.
25 Sep 2024 - 6:24PM
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Health & Fitness
Li Ka-shing’s HutchMed sets up first drugs research facility in Hong Kong
Research facility at the Hong Kong Science and Technology Park will conduct drug discovery in collaboration with university medical schools.
3 Aug 2024 - 8:52AM
Banking & finance
Hong Kong attracts US$832 million in investment from life-science firms
The investments, which will yield 3,200 jobs, come amid government efforts to enhance Hong Kong’s position as an innovation hub in the field.
8 May 2024 - 8:49PM
Banking & finance
Shanghai’s US$13.8 billion fund of funds to boost AI, semiconductor firms
Mainland China’s commercial and financial hub plans to set up a 100 billion yuan (US$13.8 billion) fund of funds focusing on key technology sectors to fire up the local economy.
29 Mar 2024 - 6:01PM
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Shenzhen
Chinese drugs giant, Shenzhen team up to invest in city’s biomedical start-ups
Fosun Pharma will team up with Shenzhen’s government to raise a 5-billion yuan (US$700 million) healthcare fund to invest in start-ups and innovations in cellular biology, genetics and other fields related to biomedicine.
14 Mar 2024 - 7:00PM
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Science
As China’s economy undergoes ‘structural upgrade’, tech becomes a top priority
That amounts to US$51.5 billion for 2024, with continued expenditure ‘guaranteed’ because of sector’s key role in driving development.
6 Mar 2024 - 10:07PM
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Banking & finance
Big pharma preferred over old favourite biotech firms by foreign investors
Big Chinese pharmaceutical firms with a track record of profits will be key beneficiaries of China reopening, with pre-revenue biotechnology companies falling out of favour, Citigroup says.
9 Jan 2023 - 5:46PM
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Medicine
Hong Kong as genetics hub? First ask China
Without China allowing Hong Kong to use its genetics data, a proposed database centre would be of limited use.
25 Sep 2024 - 2:17PM
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