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Eli Lilly

Eli Lilly
The latest news and top stories on Eli Lilly. An Indianapolis, Indiana-based entity in the pharmaceutical sector, Eli Lilly specialises in discovering, developing and manufacturing prescription drugs. It primarily serves healthcare providers and patients worldwide and is known for its pioneering work in insulin and the polio vaccine.
Wuxi AppTec, Asia’s largest provider of contract pharmaceutical research, surpassed analysts’ expectations in the first half of the year. Photo: Handout
Banking & finance

China biotech giant WuXi AppTec sees first-half earnings surge amid US scrutiny

Strong orders for weight-loss and diabetes treatments drive firm’s growth, despite being caught up in US efforts to curb China’s ambitions.

Banking & finance

As weight-loss drug orders surge, global funds pile into China’s WuXi AppTec

China’s private sector

What would 200% US tariffs on generic drugs mean for China’s pharmaceutical industry?

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China manufacturing

The next rare earths? Why US fears another Chinese manufacturing advantage

China’s production of drug inputs has boomed in recent years, increasing market share and prompting fears of weaponisation in Washington.

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Illustration: Victor Sanjinez
China’s private sector

China AI drug-design deals swell as US scrutiny mounts

Global pharmaceutical firms are tapping into Chinese artificial intelligence assets before patents expire on blockbuster drugs, advancing AI-driven biotech.

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China’s private sector

Hong Kong draws royalties giant as mainland China biotech licensing heats up

Royalty financing offers new cash source as global investors pursue Chinese drug breakthroughs despite US pressure, Royalty Pharma says.

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France

France becomes first EU country to reimburse anti-obesity drugs

The move is estimated to cost the state around €100 million (US$116 million) annually at full roll-out.

A photo of Novo Nordisk’s weight loss drug Ozempic in Paris. Photo: AFP
China’s private sector

WuXi AppTec posts record first-quarter revenue on strong global demand

Earnings top estimates as multinational pharmaceutical firms ramp up investment and partnerships in China.

Science

China launches war on Alzheimer’s that may affect 10% of population by 2050

Chinese biotech firms tackle urgent initiative to create four new pharmaceutical drugs to treat world’s fastest growing form of dementia.

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India

Opinion | Asia’s flood of cheap Ozempic generics opens gates to weight-loss abuse

Cheaper semaglutides as patent ends is good news for diabetics. But lax regulation also means a risk of abuse by those desperate to lose weight.

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An advert for Eli Lilly’s obesity awareness campaign is seen on a building in Gurugram, India, on December 16. Photo: Reuters
Biomedicine: Companies

Global drug makers face pricing pressure as China targets affordable healthcare

As pharmaceutical firms navigate China’s aggressive pricing reforms, their profits could be squeezed further this year.

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A pharmaceutical production line in Meishan, China. Photo: Costfoto/NurPhoto via Getty Images
India

Here comes the ‘Mounjaro bride’: Indian pre-wedding prep includes obesity drug

Many Indian marriages are arranged by families, often bringing expectations around physical appearance and financial status.

Banking & finance

Insilico Medicine signs AI drug development deal with Eli Lilly

Reaching development, regulatory and commercial milestones could see value of deal hit around US$2.75 billion.

Biomedicine: Companies

China biotech deals hit record as innovative drugs draw global interest

Deals reach US$60 billion in first quarter after analysts say Chinese biotech firms have shown substantial technological advancements.

The US$60 billion deal value represents a 73 per cent jump from the same period a year earlier. Photo: Shutterstock
China’s private sector

BASF launches biggest overseas project in China with green-powered mega-site

German chemical giant opens US$10 billion Zhanjiang complex, its largest overseas investment, as Beijing courts foreign capital.

German chemicals giant BASF on Thursday put its massive production complex in Guangdong province into full operation, marking the largest single investment project wholly owned by a German enterprise in China. Photo: Xinhua
China’s private sector

China’s obesity drug makers take on global giants as Novo Nordisk patent expires

Patent expiry of blockbuster drug opens door for Chinese drug makers to challenge multinationals in booming weight-loss market.

Made in China 2025

Global drug giants double down on China amid push for self-reliant supply chains

Multinationals are building self-reliant supply chains in China to insulate local markets from potential trade disruptions, say analysts.

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China’s private sector

US reshoring drive casts shadow over China’s contract drug makers, analyst says

Strong order backlogs underpin earnings through 2027, but analysts warn longer-term demand is less certain as US firms reshore production.

Despite the headwinds, there is growing interest from multinational pharmaceutical companies in partnering with Chinese biotech firms. Photo: Getty Images
China’s private sector

Eli Lilly boosts China footprint with US$3 billion plan to expand supply chain

US firm is strengthening its China operations amid an intensifying expansion race with other pharmaceutical giants.

Crime in Hong Kong

Hong Kong woman, 30, arrested over illegal sale of slimming injection

Seized item was Mounjaro injection pen manufactured by US pharmaceutical company Eli Lilly, but labelled in Japanese.

Made in China 2025

China biotech outlicensing tops US$52 billion in first 2 months

The latest deals are Sino Biopharmaceutical’s partnership with France’s Sanofi and Antengene’s agreement with Belgium’s UCB.

The logo of Sino Biopharmaceutical is seen on a building in Beijing, April 22, 2021. Photo: VCG via Getty Images
Made in China 2025

Hong Kong-listed Chinese drug firms set to turn corner on rising sales, deals

Chinese pharmaceutical firms are poised for profit growth, driven by innovative drug sales and licensing deals, despite pricing pressures.

Pills are produced and packed at Modern Pharmaceutical’s factory. Photo: Shutterstock
China’s private sector

Wave of Chinese biotech deals builds with US$1.2 billion Harbour BioMed pact

Deal involving an antibody asset ‘goes beyond a traditional licensing transaction’, founder and CEO says.

Banking & finance

Mainland China’s investors pour into Hong Kong-listed drug stocks

An index tracking Stock Connect buying of 40 mainland drug firms gains 9 per cent in a week as China’s industry heft grows.

Biomedicine: Industry Trends

China could approve first AI-designed drug next year, Merck executive says

AI and genetics are creating a ‘seismic shift’ in the pharmaceutical business, experts on Asian Financial Forum panel say.

AI will allow drug makers to pick better molecules, make better medicines and improve molecule design, Amgen executive says. Photo: Shutterstock
Hong Kong healthcare and hospitals

Worth the weight? What Hongkongers should know about slimming injections

Department of Health says prescription-only injections can only be sold in pharmacies under supervision of registered pharmacists.

An investigation by the Post has found retailers offering weight-loss needles without prescriptions. Photo: SCMP
Hong Kong healthcare and hospitals

Exclusive | No prescription, no problem: Hong Kong’s grey zone for weight-loss injections

Slimming injections cannot be sold or purchased in Hong Kong without doctor’s prescription, but some retailers are operating grey market.

Wellness

Weight rebound after stopping Ozempic, Wegovy? Not necessarily, new data says

New research suggests that many people who stop using GLP-1 drugs like Ozempic maintain their weight loss, countering previous studies.

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