Dutch gene therapy company uniQure went IPO

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The Dutch VC firm Forbion Capital Partners, investing in world-class healthcare technologies, announced that its portfolio company uniQure has closed its initial public offering (IPO) at a price of $17.00 per share. uniQure’s shares are listed on the NASDAQ Global Select Market and began trading under the symbol “QURE“. Last year Sander van Deventer, partner at Forbion, was one of …

Tsinghua University develops new tumor detection kit

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Professors from Tsinghua University proved that Hsp90α can be used as a biomarker to test for lung cancer and have developed a Hsp90α quantitative detection kit. This method of testing is cheaper and more efficient than traditional solutions, all they need is a drop of blood. The kit for Hsp90α has passed the relevant clinical trials and has been approved …

CNY 1.12 trillion: total sales of Chinese pharmaceutical distribution industry

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According to the statistics from the Ministry of Commerce (MOFCOM), total sales of Chinese pharmaceutical distribution industry reached CNY 1.12 trillion. The figure is 18.5 percent higher than in 2011, but actually in 2011 the year-on-year was even higher: 23 percent. The income of 848 businesses monitored by the ministry increased 20 percent year-on-year to 794.2 billion yuan in 2012, …

China’s bio-engineered-based materials

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The story about China’s need for resources and materials is nothing new, but the country’s approach to create biomaterials and organic fibers on the other hand is. GMO as solution to increase and optimize output of wood and bamboo plantations is now commonly used in China. Asia Pulp & Paper workers classify 3-month-old Acacias in Dingan, northeast of Hainan province, …

Shanghai scientists find new method to attack cancer

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Scientists from the Shanghai Institute for Biological Sciences (SIBS) announced they have found a new mechanism governing the programmed death of cells, providing a new target for cancer treatment and altering a 15-year-old theory on how tumor cell death is controlled. The work could help limit the types of bad side effects caused by current cancer medicines according the scientists. …

Chinese vaccine development

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Vaccine development is a focus area of the Chinese government and industry. In August 2012, a HIV vaccine developed by the Chinese Center for Disease Control and Prevention and National Vaccine & Serum Institute (under China National Biotec Group and China National Pharmaceutical Group) entered phase II clinical trial in Beijing YouAn Hospital. It is the first vaccine using replicative …

Hong Kong research team opens up new directions for SCAs treatment

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A research team led by Prof. Chan of the School of Life Sciences at The Chinese University of Hong Kong (CUHK) has just published findings that could enable new therapeutic directions for the treatment of spinocerebellar ataxias (SCAs), a genetic disorder that causes deterioration of the cerebellum. According to the CUHK press release, the team has “unveiled the role played …

First Traditional Chinese Medicine to be sold in the EU

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A Traditional Chinese Herbal Medicine has been licensed for sale in the Netherlands, making it the first TCM drug to receive marketing authorization in a western market. Therefore a press conference was held on Wednesday the 18th of April in the Great Hall of the People in Beijing. NOST China was there to give you report! The European Directive for …

Biotech 2012 exhibition in Shenzhen

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The 4th edition of the International Exhibition on BioPharma, Biotechnology & Equipment (in short: Biotech 2012) will be held on May 9-11, 2012 in Shenzhen. This event used to be held in parallel with the China Hi-Tech Fair, but next year will see the first stand-alone edition of this exhibition targeted at biotech and biopharma companies as well as specialized …