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CBC Merges Two Shanghai Companies, AffaMed and EverInsight, into One

publication date: Oct 14, 2020

CBC Group (formerly C-Bridge Capital), a Singapore-Shanghai investor, merged two of its Shanghai portfolio companies, AffaMed Therapeutics and EverInsight Therapeutics, into a single entity under the AffaMed name. Both companies in-license ophthalmologic and central nervous system (CNS) products. In 2019, AffaMed acquired China rights to three Samsung Bioepis ophthalmology biosimilars. In June, EverInsight acquired China/Southeast Asia rights to a rapid-onset anxiety treatment from VistaGen in a $177 million agreement. More details....

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