Recent Articles in Featured Companies

Zoetis Inc., a multi-national animal health company, started constructing its 43,000 square meters of new facility in Suzhou. The new site will be used for vaccine manufacturing operations and laboratory space, specifically for manufacturing of viral and bacterial vaccines, including pilot scale manufacturing for the development of new vaccine products. Zoetis expects to complete construction and Good Manufacturing Practices certification by the Chinese Ministry of Agriculture by 2021. The new facility will create 100 new R&D manufacturing positions. More details....

Stock Symbol: (NYSE: ZTS)

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WuXi AppTec announced its expansion of New Jersey site for Laboratory Testing Division (LTD). The total area of WuXi’s New Jersey site will thus be doubled to 115,000 square-foot. It will continue focusing on the preclinical and clinical testing services for US pharmaceutical and biotech companies, including pharmaceutical kinetics, pharmaceutical dynamics and clinical sample testing. The newly established operation plans to recruit more than 200 staff onsite. More Details....

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Tocagen Inc. licensed its Phase III stage candidate Toca 511 & Toca FC to ApolloBio. The deal includes an upfront payment of $16 million, a near-term $4 million milestone after clinical trials and other additional future payments totaling up to $107 million. The deal is worth of $127 million in total. According to the deal terms, ApolloBio will gain exclusive rights of Toca 511 & Toca FC and will be responsible for developing and commercializing the candidate in Greater China, including mainland China, Hong Kong, Macao and Taiwan. More details....

Stock Symbol: (Nasdaq: TOCA) (NEEQ: 430187)

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Prenetics, an HK-based genetic testing and digital health company, announced acquisition of DNAFit, a UK-based genetic testing company. DNAFit will bring in B2C channel, adding to the B2B channel that Prenetics currently possesses. This is the first acquisition Prenetics announced after it receiving $50 million from Alibaba Hong Kong Entrepreneurs Fund and Ping An Insurance. More details....

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Royal Philips and Digital China Health launched a cloud-based imaging diagnostic assisting platform called SHINEFLY. It makes an integrated clinical imaging diagnostic platform – IntelliSpace Portal 9.0 available through long distance control, and thus providing a tiered solution pricing for various levels of clinical institutions. More details....

Stock Symble: (NYSE: PHG, AEX: PHIA) 

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