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Home » Authors » Shannon Ellis

Articles by Shannon Ellis

Engine Biosciences nabs $10M series A for AI drug discovery platform

March 12, 2018
By Shannon Ellis
SHANGHAI – Two-year-old Engine Biosciences Pte Ltd., a startup with an artificial intelligence (AI) platform approach to drug discovery, recently received a $10 million endorsement from Chinese and U.S. investors. Engine is one of a growing number of AI-first, data-driven biotechs that are plying the latest advances in machine learning to the complex task of understanding human biology to find new medicines.
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China's Canbridge nabs Puma's Nerlynx for HER2+ breast cancer in $70M deal

March 1, 2018
By Shannon Ellis

SHANGHAI – Beijing's Canbridge Life Sciences Inc. has acquired the greater China rights to Puma Biotechnology Inc.'s Nerlynx (neratinib) as an adjuvant for early stage HER2-positive breast cancer and other HER2 tumors, such as gastric cancer, which is highly prevalent in China.


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China's Canbridge nabs Puma's Nerlynx for HER2+ breast cancer in $70M deal

Feb. 7, 2018
By Shannon Ellis
SHANGHAI – Beijing's Canbridge Life Sciences Inc. has acquired the greater China rights to Puma Biotechnology Inc.'s Nerlynx (neratinib) as an adjuvant for early stage HER2-positive breast cancer and other HER2 tumors, such as gastric cancer, which is highly prevalent in China.
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Shanghai's EOC Pharma takes a market-led approach to oncology

Jan. 31, 2018
By Shannon Ellis
SHANGHAI – EOC Pharmaceutical Group, a specialty pharma with seven cancer assets in its pipeline, has started with the end in mind – not just getting its drugs approved by the CFDA but having them be commercially successful as well.
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Shanghai’s EOC Pharma takes a market-led approach to oncology

Jan. 26, 2018
By Shannon Ellis
SHANGHAI – EOC Pharmaceutical Group, a specialty pharma with seven cancer assets in its pipeline, has started with the end in mind – not just getting its drugs approved by the CFDA but having them be commercially successful as well.
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Beigene advances combo PD-1 strategy with Mirati deal; launches $750M offering

Jan. 23, 2018
By Shannon Ellis

SHANGHAI – Beigene Ltd. nabbed the Asia-Pacific rights to sitravatinib from Mirati Therapeutics Inc. in a $10 million cash deal, valued at $123 million when additional milestones roll in. The Beijing-based firm also recently closed a public offering of about $800 million to support its growing immuno-oncology pipeline.


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Beigene advances combo PD-1 strategy with Mirati deal; launches $750M offering

Jan. 19, 2018
By Shannon Ellis
SHANGHAI – Beigene Ltd. nabbed the Asia-Pacific rights to sitravatinib from Mirati Therapeutics Inc. in a $10 million cash deal, valued at $123 million when additional milestones roll in. The Beijing-based firm also just announced a $750 million public offering to support its growing immuno-oncology pipeline.
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Jiangsu Hengrui sells BTK inhibitor to TG and JAK inhibitor to Arcutis

Jan. 10, 2018
By Shannon Ellis
SHANGHAI – Jiangsu Hengrui Medicine Co., of Shanghai and Lianyungang, continues to find success licensing-out the global rights to U.S. biopharmas from its pipeline of 21 new molecular entities.
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CFDA opens door for national approval of cell therapy trials as drugs

Jan. 10, 2018
By Shannon Ellis
SHANGHAI – The CFDA recently released "Guiding Principles for the Research and Evaluation of Cell Therapy Products" for trial implementation. This hotly anticipated move now adds cell therapies such as stem cells and chimeric antigen receptor (CAR T) therapies under the umbrella of CFDA reforms that are aligning China's drug regulations with global drug markets.
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Shenogen nabs China rights to Angiochem's paclitaxel-peptide drug conjugate to treat brain metastases from breast cancer

Jan. 10, 2018
By Shannon Ellis
SHANGHAI – Xinogen (Hong Kong) Pharma Co. Ltd., a subsidiary of Beijing Shenogen Pharmaceuticals Group, has negotiated a deal with Angiochem Inc., of Montreal, to develop and sell ANG-1005, a paclitaxel-peptide drug conjugate for the treatment of leptomeningeal carcinomatosis from breast cancer. The deal gives Xinogen rights for greater China.
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