In the NewsThe Burrill Report interviews Greg Scott on WuXi/CRL breakup and China's hot IPOs Greg Scott joined Foley's Eye on China webinar on life science innovation
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The Week in Review: Pfizer Builds China RelationshipsPfizer (NYSE: PFE) announced two new collaborations with China academic institutions last week. Neither one was targeted at developing a specific drug candidate. Instead, their goal appeared to be building long-term relationships with academic leaders in China’s scientific community. Even though it has built a large, self-contained R&D center in Shanghai, Pfizer seems intent upon forging ties with the greater world of China biopharma. Pfizer's interest in China's innovative science has been evident in other ways as well. The company commissioned ChinaBio® to identify early-stage technologies discovered in China. More than 50 of these ground-breaking technologies were honored at the recent ChinaBio® Partnering Forum, held in Shanghai, in a special Innovation Showcase exhibition. In funding news, aTyr Pharma of San Diego and Hong Kong raised $12 million in new capital to continue development of its lead candidate along with its drug discovery operations (see story). The company is using its proprietary technology to discover potential therapies for inflammation, autoimmune, hematopoietic and metabolic disorders. aTyr Pharma's novel technology is based on a group of naturally occurring resected proteins (resectins) from aminoacyl tRNA synthetases. aTyr’s majority owned subsidiary in Hong Kong, Pangu BioPharma, is located at the Hong Kong University of Science and Technology. aTyr presented its story to VCs and other investors at the ChinaBio® Investor Forum, which was held during March of this year in Hong Kong. |
LoginChinaBio® Events Partner EventsBioPharm America™ 2010 Boston, MA, USA September 15–17, 2010 ![]() CALAsia 2010 San Diego, USA October 4-5, 2010 ![]() CHINA PRETRIALS 2010: Global Preclinical Development Summit Beijing, China October 17-19, 2010 ![]() CHINA TRIALS 2010 Beijing, China November 7-9, 2010 ![]() 12th Shanghai International Forum on Biotechnology & Pharmaceutical Industry (BIO-FORUM) Beijing, China November 9-11, 2010 |
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