{
Pascal Soriot

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}

biopharma deals and challenges emerge in asia with focus on adc developments

Roche has entered a $1 billion deal with Innovent Biologics for the DLL3-targeted ADC IBI3009, following promising data from Zai Lab's DLL3 ADC in small cell lung cancer. AstraZeneca faces scrutiny in China, potentially impacting operations, while Viatris received an FDA warning letter for its Indian plant, affecting 11 products. In other developments, Ideaya Biosciences is paying $75 million for rights to SHR-4849, and Hutchmed is divesting its interest in a traditional medicine unit to focus on ADCs.
Fierce Pharma
VBI Vaccines Inc. Shanghai Pharmaceuticals Holding Co., Ltd Hoffmann-La Roche AG Lonza Group AG AstraZeneca PLC I-Mab SK bioscience Co.,Ltd. Zai Lab Ltd IDEAYA Biosciences, Inc. Brii Biosciences Ltd. HUTCHMED Sanofi BeiGene, Ltd. Innovent Biologics, Inc. Viatris Inc. Cytokinetics, Incorporated CHN IND Yong Ying-I Pascal Soriot Show more
Healthcare, News Article
14:37 03.01.2025

AstraZeneca shifts focus to US growth amid challenges in China

AstraZeneca Plc is shifting its focus to the US for growth as challenges in its previously booming China market intensify, impacted by an ongoing investigation that has affected its stock price. CEO Pascal Soriot outlined the company's ambitions in the US, highlighting significant investments in research and development while announcing an increase in its annual earnings forecast.
Bloomberg.com
United States Dollar AstraZeneca PLC USA GBR CHN Pascal Soriot Show more
Healthcare, News Article
14:53 12.11.2024
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