Zai Lab On Portfolio Strategy In Post Coronavirus China
Adapting To Changing Oncology Market
Portfolio management is high on innovative drug maker’s mind amid aftermath of coronavirus outbreak.
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Public Company Edition: Outside the US, Zai Lab raised more in its recent Hong Kong initial public offering – $766.4m – than PMV, Prelude, Taysha, Graybug and Greenwich combined. Also, Gilead priced debt to fund its $21bn Immunomedics buy and ADC Therapeutics raised $204m.
Novartis/TScan and Gilead/Kite/oNKo-innate partnerships seek to advance cancer cell therapy. J&J, Bayer among the latest pharmas to unveil partnerships to fight the novel coronavirus.
Despite a recent setback for one commercial product in its oncology portfolio, BeiGene is on a roll with another, receiving the second approval in recent months, and the first in a solid tumor, for tislelizumab. The PD-1 contender has also met its endpoint in a first-line lung cancer trial.