Biotech

Berry Genomics Scraps Plans for Bionano Bonds After Beijing Vetoes Deal

Berry Genomics Scraps Plans for Bionano Bonds After Beijing Vetoes Deal

Berry Genomics, which offers DNA prenatal testing services, has dropped plans to buy USD5 million worth of convertible bonds from American peer Bionano Genomics after Beijing shut the deal down.

Jul 31, 2018
Liu Jing & Tang Shihua
Ant Financial Buys Into Health Info Platform to Offer Alipay

Ant Financial Buys Into Health Info Platform to Offer Alipay

A unit of Ant Financial Services Group plans to take a minority stake in Winning Health Technology Group to bring fintech…

Jun 19, 2018
Tang Shihua
Chinese BGI's Unit Gets Green Light to Sell DNA Tests in EU

Chinese BGI's Unit Gets Green Light to Sell DNA Tests in EU

A European unit of China’s largest genome testing company, BGI Genomics, has obtained a certificate to launch its reproductive health products in the EU markets.

Jun 7, 2018
Tang Shihua
HKEX CEO Charles Li Alerts Investors to Risks Associated With Investment in Biotech Firms

HKEX CEO Charles Li Alerts Investors to Risks Associated With Investment in Biotech Firms

Retail investors unfamiliar with the biotech industry must be cautious when making investment decisions and may consider investing in biotech…

May 24, 2018
Luo Qi
Yifan Pharma Looks to Boost Global Sales Network With SciGen Privatization Deal

Yifan Pharma Looks to Boost Global Sales Network With SciGen Privatization Deal

A unit under Yifan Pharmaceutical Co. has put forward an offer to privatize a Singaporean biotech firm in hopes of acquiring the target’s products, production methods and global sales network.

May 16, 2018
Tang Shihua
Ascletis Is First Pre-Revenue Biotech Firm to Eye Hong Kong IPO Under New Listing Rules

Ascletis Is First Pre-Revenue Biotech Firm to Eye Hong Kong IPO Under New Listing Rules

Ascletis Pharma Inc. has filed to go public in Hong Kong and become the first biotech company to float in…

May 9, 2018
Liao Shumin
WuXi AppTec Posts Lower First-Quarter Profit Just Days Before Shanghai Listing

WuXi AppTec Posts Lower First-Quarter Profit Just Days Before Shanghai Listing

WuXi AppTec Co., a unicorn startup focused on medical research, posted a decline in net profit for the first quarter,…

May 7, 2018
Dou Shicong
China’s Loss-Making Biotech Firms Relish Chance to List in Hong Kong

China’s Loss-Making Biotech Firms Relish Chance to List in Hong Kong

Struggling Chinese biotech firms are rejoicing after the Hong Kong Stock Exchange unveiled a draft of its reform listing program…

Feb 27, 2018
Zhou Hongda