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Chinese drugmakers take aim at lucrative U.S. anti-cancer market

In recent years, medicines that free the immune system to attack tumors have become blockbusters in a $150 billion global market. ....

United States , Richard Pazdur , Alexis Borisy , Mara Goldstein , Yaron Werber , Brad Loncar , Cowen Co , American Society Of Clinical Oncology , Coherus Biosciences Inc , Merck Co , Eli Lilly Co , Mizuho Securities Co , Bristol Myers Squibb Co , Eqrx Inc , Jiangsu Hengrui Medicine Co , Cstone Pharmaceuticals , Junshi Biosciences Co , Beigene Ltd , China Innovent Biologics Inc , Drug Administration Oncology Center , Innovent Biologics Inc , Bristol Myers Squibb , Junshi Biosciences , Innovent Biologics , Nobel Prize , Drug Administration ,

Cancer-Drug Showdown Pits China Upstarts Versus Pharma Cash Cows

Cancer-Drug Showdown Pits China Upstarts Versus Pharma Cash Cows
Bloomberg
1 hr ago
© Bloomberg
China’s Experimental Cancer Cure Offers Hope And Hidden Dangers
(Bloomberg) A coming wave of Chinese cancer drugs could provide patients with cheaper alternatives to some celebrated and costly therapies, but gaining traction will mean going up against some of the global pharmaceutical industry’s most lucrative and well-protected franchises.
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Treatments known as checkpoint inhibitors that free the immune system to attack tumors have become blockbusters in recent years Merck & Co.’s Keytruda and Bristol-Myers Squibb Co.’s Opdivo are cornerstones of a $150 billion global market. ....

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An Early February Focus on U.S.-Asia Drug Development Deals

Published: Feb 03, 2021
By Heather McKenzie
Cross-continental drug development and commercialization deals are good for business, and imperative for patients to receive access to the most valuable scientific breakthroughs. This month has already brought a number of these partnerships for the treatment of cancer and other diseases with a significant medical need. Here’s a look at four of them.
Illumina and Sequoia Capital China Incubating Genomics Talent
On Monday, leading DNA sequencing and array-based technologies company,
, announceda deal with global venture capital firm, Sequoia Capital China, to incubate life sciences startups specializing in genomics.
Accepted companies will benefit from $500, 000 investment and business guidance and a minimum of $100, 000 prioritizing investments from Sequoia Capital China in the next series of financing, along with access to Illumina’s sequencing systems, reagents, and genomics knowledge. ....

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An Early February Focus on US-Asia Drug Development Alliances

Published: Feb 02, 2021
Cross-continental drug development and commercialization deals are good for business, and imperative for patients to receive access to the most valuable scientific breakthroughs. This month has already brought a number of these partnerships for the treatment of cancer and other diseases. Here’s a look at three of them.
Illumina and Sequoia Capital China Incubating Genomics Talent
Yesterday, leading DNA sequencing and array-based technologies company, Illumina, announced a deal with global venture capital firm, Sequoia Capital China, to incubate life sciences startups specializing in genomics.
Accepted companies will benefit from $500, 000 investment and business guidance and a minimum of $100, 000 prioritizing investments from Sequoia Capital China in the next series of financing, along with access to Illumina’s sequencing systems, reagents, and genomics knowledge. ....

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