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AstraZeneca VP Detlev Biniszkiewicz On Building An Oncology Strategy In China And Asia (Part 2 of 2)

 
• By Joshua Berlin

Fresh off a global deal to in-license a novel oncology molecule discovered in China, the head of strategy for AZ’s Oncology Innovative Medicine Unit speaks with PharmAsia News during the JP Morgan Healthcare Conference about how AstraZeneca’s strategy in Asia differs from its peers.

SAN FRANCISCO – AstraZeneca PLC, like many of its peers, is looking to Asia, particularly China, for new growth opportunities as it wades through the patent cliff, European austerity measures and a plethora of challenges to the bottom line. The U.K. company, which ranks second behind Pfizer Inc. in China’s highly fragmented pharmaceutical market, has focused on a mix of branded generics and innovative medicines to capture the opportunity.

In December, for instance, AZ bought a Chinese generics injectable manufacturer – just one day after it announced layoffs to...

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Asia Deal Watch: SunRock, Escugen Collaborate On CCR9-Targeted ADC

 
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• By Jung Won Shin

A differentiated profit-sharing model to accelerate the use of AI in drug development using clinical and patient data is being proposed in South Korea, but the idea faces multiple practical challenges

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China Signals Restarting IPOs For Unprofitable Biotechs

 
• By Dexter Jie Yan

The China Securities Regulatory Commission has proposed a new “growth tier” for the STAR Market of the Shanghai Stock Exchange, to reinstate the market’s listing standards for unprofitable firms.

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• By Mandy Jackson, Joseph Haas, and Sarah Karlin-Smith

Highlights from Day Four of the BIO International Convention include Woodcock offering practical advice on rare disease trials, the sorry state of dealmaking mid-year, Novartis discussing its approach to partnering, and Generate looking for funding to move into Phase III.

Syncona Looks To Go Private As Market Decline Deepens

 
• By Andrew McConaghie

While some are calling for Syncona to be wound up, the UK-based company believes many existing and new investors will back the creation of new private fund.