HOME ABOUT CONTACT AVAILABLE ISSUES SUBSCRIBE MEDIA & ADS CONFERENCE CALENDAR
LATEST UPDATES » Volume 20, No. 7, July 2016 – Water Technology and Management       » World Toilet Organisation - Let's Talk about Toilets       » Recirculation Aquaculture Systems (RAS): An Opportunity for the SE Asian Aquaculture Industry       » Water Policy Response to Water Scarcity and Future Climate Change Impacts       » Burden of Thrombosis-related Diseases in Asia-Pacific       » Waste Management in Singapore: Where Does Our Rubbish Go?      
EYE ON CHINA
Fosun Pharmaceutical and Shanghai drugs open innovation model
Shanghai Fosun Pharmaceutical (SFP) has announced that it will cooperate with the Shanghai Institute of Materia Medica at the Chinese Academy of Sciences to jointly develop three targets for anti-tumor innovative drugs. This cooperation is different from the previous “research alliances”, or Clinical Research Organization (CRO) model, as both sides will not only share the risks involved, but also the results and benefits of the cooperation. They will also jointly own the patents of the innovative drugs.

In recent years, SFP has focused on the development of the pharmaceutical business, continuing to increase the intensity of its research and innovation. It completed the layout of the new research and development system, forming a unique “4 +1” research and development platform.

The platform optimizes drug design and lead compounds, together with rapid synthesis, producing a class of 6 drugs (one upcoming in a clinical report) from development of the project within three years. In this partnership, Fosun Pharma will allow full play of the unique advantages of the complex record platform to accelerate the implementation of innovative strategies. The partners will complement each other, share resources, to achieve a true sense of new drug research alliances in order to achieve a win-win situation.

The Fosun Pharma Chairman Chen Chi-yu said, “The cooperation benefited from the paradigm shift in the foundation continues to strengthen the endogenous R & D strength of the company. Shanghai Institute of Materia Medica, Chinese Academy of Sciences truly brought together a top team of scientists in drug research. The private pharmaceutical innovation force, coupled with the cooperation of the innovative ability of the national team, will lead Fosun Pharma's innovative drugs to comprehensively enhance the 5 protein kinases and accelerate Fosun Pharmaceutical's anti-tumor drug project progress, adding more ‘blockbuster’ product lines to its reserve.”

James Ding, academician and Director of the Shanghai Institute of Materia Medica, said: "Relying on technology independent innovation of China's bio-pharmaceutical industry into such an important strategic transition period, and changing the growth mode of the cooperation with Fosun Pharma, is to take the integrated innovation strategy and cooperation's international strategy to create a in-win outcome. Through sincere cooperation to develop good medicine the Chinese people can afford to eat innovative drugs in China and as soon as possible bring it to the international community to better benefit the people, we believe Fosun Pharmaceutical's industry resources and new drug research and development capabilities, together with cooperation of the Shanghai Institute of Materia Medica, the complementary advantages and powerful alliances, will surely contribute to the three-step plan of China's bio-pharmaceutical development.

APBN

Click here for the complete issue.

NEWS CRUNCH  
news World Population Day 2016
news NUS Student Clinches Top Prize at National Smart Mapping Competition with Cutting-Edge Food Security Solution
news Gather China & World Pharmaceutical Entrepreneurs, Create a New Chapter of Chinese Pharma Industry
PR NEWSWIRE  
Asia Pacific Biotech News
EDITORS' CHOICE  

Healthcare Technology Outlook 2020 - Technology uptake
COLUMNS  
APBN Editorial Calendar 2016
January:
Guest Editorial - Biotechnology In Korea
February:
Guest Editorial - Biomedical Research Governance
March:
Guest Editorial - Life-Saving Opportunities: A Guide to Regenerative Medicine
April:
Leading-Edge ONCOLOGY
May:
Healthcare Systems & Policies in Asia
June:
Medical Devices & Healthcare Technology
July:
Water Technology and Management
August:
Novel Technologies for Antibody Drug Discovery in Japan
September:
Infectious Diseases
October:
Medical Tourism
November:
Biomedical Imaging Technology
December:
Food Technology
Editorial calendar is subjected to changes.
– Editor: Carmen, Jia Wen Loh
MAGAZINE TAGS
About Us
Events
Available issues
Editorial Board
Letters to Editor
Instructions to Authors
Advertise with Us
CONTACT
World Scientific Publishing Co. Pte. Ltd.
5 Toh Tuck Link, Singapore 596224
Tel: 65-6466-5775
Fax: 65-6467-7667
» For Editorial Enquiries:
   biotech_edit@wspc.com or Ms Carmen
» For Subscriptions, Advertisements &
   Media Partnerships Enquiries:
   biotech_ad@wspc.com or Mr Edward
Copyright© 2016 World Scientific Publishing Co Pte Ltd  •  Privacy Policy