Search results for "BIOTECH"
02:45

Nomura predicts that Kangfang Bio will turn from loss to profit in the second half of the year and raises the target price to HKD 120.64.

Nomura predicts that the mid-term revenue of Kangfang Biotech will increase by 42% to 1.45 billion RMB, which is 3% lower than market expectations. The company's revenue in the second half of the year is expected to be driven by the sales of Ketanserin and Idarubicin, with the full-year net profit forecast raised by 97.2%. The target price is adjusted to HKD 120.64, maintaining a neutral rating.
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12:35

Sanyuan Bio: Luxin Capital plans to reduce its stake in the company by no more than 3%.

Jin10 Data reported on July 10 that Sanyuan Biotech announced that shareholder Luxin Capital plans to reduce its holdings in the company by a total of no more than 6 million shares through centralized bidding and block trading methods within 3 months after the 15 trading days from the date of announcement. This represents no more than 3% of the total share capital after excluding shares held in the company's repurchase special securities account. The reason for the reduction is the company's operational development needs, and the reduction price will be determined based on market prices. Luxin Capital is not the company's controlling shareholder or actual controller, and this reduction will not lead to a change in the company's control rights, nor will it have a significant impact on the company's governance structure and ongoing operations.
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02:55

The stock price of the biotech company fluctuates dramatically, having announced the acquisition of a Blockchain project.

Gate News bot message, on July 2, the stock price of Pioneer Pharma Biotech (00399), listed on the Hong Kong Stock Exchange, showed significant fluctuation. After the market opened, the company's stock price soared nearly 240%, reaching a high of 0.7 HKD, and then fell back to around 0.34 HKD. It is worth noting that Navient Pharmaceuticals Biotechnology had previously announced plans to fully acquire the blockchain.
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CFX-0.49%
BOT-6.28%
05:49

Australian listed company Opyl Limited adopts a Bitcoin strategy to maintain operations.

Gate News bot reports that, according to Decrypt, Australian-listed biotech company Opyl Limited announced it would adopt a Bitcoin financial strategy by purchasing approximately 2 Bitcoins (worth about $214,500) through the ASX-listed DigitalX Bitcoin ETF amid cash flow challenges. The company secured a $1.3 million loan from non-executive director Tony Guoga (secured by Bitcoin, with an Interest Rate of 6.5%) in an attempt to alleviate its operational funding shortfall.
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BTC-1.65%
11:18

Rejie Bio: Zhou Xin plans to reduce his holdings by no more than 1.9416% of the company's shares.

Jin10 data reported on June 25 that Hotgen Biotech announced that shareholder Zhou Xin plans to reduce his holdings of the company's shares by no more than 1.8 million shares through centralized bidding and Block Trading, accounting for 1.9416% of the company's total share capital. As of the announcement date, Zhou Xin holds 6.8066 million shares of the company, accounting for 7.3420% of the total number of shares, with the shares sourced from holdings prior to the company's initial public offering and from capital reserve converted into share capital.
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12:33

Garden Biotechnology: The impact of tariffs on the company is limited.

Jin10 reported on April 7 that Garden Biotech released a record of investor relations activities. In 2024, the company's product exports to the United States will account for 53% of the export volume, with over 80% of products not falling under the tariff increase range announced on April 2 in the U.S. The company will actively communicate with clients and leverage its global market layout advantages to formulate effective countermeasures. The impact of tariffs on the company is limited.
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04:21

Nomura: Lower Sino Biopharmaceutical's target price to 54.6 Hong Kong dollars, and lower the revenue forecast for the next two years.

Nomura released a research report, raising the revenue forecast for Sendai Biotech last year and lowering the loss forecast, with the target price dropping from 58.09 Hong Kong dollars to 54.6 Hong Kong dollars. Considering the sales rise and macro environment, the company's revenue and profit forecasts for the next two years have been dropped. Maintaining a 'buy' rating.
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10:42

Rongchang Bio responds to Pfizer's $200 million impairment of Vidisutuximab: Pfizer's conclusion is based on market competition environment.

Rongchang Biotech responded: The decrease in expected value due to the non-promotion of the indication of Vedolizumab (RC48) led to a devaluation of 200 million US dollars by the partner Pfizer. The overseas rights of this drug were authorized to ADCleading company Seagen in August 2021 and later acquired by Pfizer. Currently, Pfizer is promoting the indication of Vedolizumab for urothelial carcinoma overseas.
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02:48

Xinda Biology responds to the collection of biological drugs: the 20 billion performance target for 2027 already includes the impact of centralized procurement.

Xinda Biotech responds to the centralized procurement of biopharmaceuticals, stating that there are no specific details at the moment. Multiple products have already been launched, and there will be three more products launched this year. The impact of centralized procurement on the overall situation is limited, and sales and management expenses will also drop, with limited impact on profits. The target of 20 billion in 2027 will not be affected.
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10:45

Tianyu Biotech: As of the date of this announcement, there is no significant information that should be disclosed but has not been disclosed.

The stock price of Tianyu Bioscience has deviated by more than 20% and there is an investment risk. The net profit of the company in the first three quarters is 6.3877 million yuan, and after deducting non-recurring gains and losses, it is -1.7207 million yuan. The performance of the fourth quarter is uncertain. The company has self-inspected and found no undisclosed major information.
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03:11

Chairman of the Hong Kong Securities and Futures Commission Huang Tianyou: Actively deepening connections with Asia and the Belt and Road region, recognizing the international exchange number has increased to 19.

On November 18, Jinshi Data News, Carlson Tong, Chairman of the Securities and Futures Commission of Hong Kong, said at the 'Connectivity 10th Anniversary Forum' that Hong Kong Exchanges and Clearing has recently deepened its connections with markets in Asia and the Belt and Road region. The number of recognized international exchanges by the Hong Kong Stock Exchange has been increased to 19, which will promote the diversification of listing companies and fund sources. Carlson Tong stated that the Hong Kong stock market has distinctive zones, such as many biotech companies listing in Hong Kong, which has significantly increased the market capitalization of new economy enterprises on the Hong Kong stock market to nearly 40%.
08:41

Hengan Biotech: Intends to repurchase shares of 100 million to 200 million yuan

Jin Shi Data News on November 6th, Hengbang Biology announced that the company plans to repurchase shares through centralized bidding. The total amount of funds for this repurchase of shares is not less than RMB 100 million (inclusive) and not more than RMB 200 million (inclusive). The repurchase price does not exceed RMB 3.01 per share, which is not higher than 150% of the average trading price of the company's stock in the 30 trading days before the resolution of the repurchase plan approved by the board of directors.
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02:34

Citi: Initiate coverage on Shindah Biotech with a 'Buy' rating and a target price of HKD 55

Jinshi Data, November 5th, Citigroup released a research report stating that Sino Biopharmaceutical (01801.HK) announced the termination of the Fortvita subscription transaction. The company's management stated at an investor conference on November 4th that the original intention of the transaction was to accelerate the development of the company's overseas business, Fortvita. After the transaction was terminated, there is currently no further financing plan for Fortvita. Since the announcement of the transaction, the group's stock price has fallen by more than 20%. Looking ahead, the bank believes that the group's strong sales performance and overseas bed progress will sustainably restore investor confidence. Rating 'buy', target price of 55 Hong Kong dollars.
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06:30
Golden Ten Data on May 9, Tianyancha App shows that recently, Hongji Biotechnology (Shanghai) Co., Ltd. has undergone industrial and commercial changes, adding Moutai Science and Technology Innovation (Beijing) Investment Fund Partnership (Limited Partnership) and CICC Qide New Medical (Guangzhou) Venture Capital Partnership (Limited Partnership) under CICC Capital as shareholders, the registered capital has increased from about 62.22 million RMB coins to about 72.8 million RMB coins, and longing key personnel have changed.
APP-1.61%
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07:04
As of the close, the Shanghai Index falls 0.61%, the Shenzhen Component Index falls 1.35%, and the ChiNext Index falls 1.45%. On the disk, the precious metals zone was active, and gold in the west pumped and stopped; The concept of synthetic biology is active against the trend, with 20% of Ruifeng High Materials pump stopped, and long stocks such as Rhine Biotech pump stopped. In addition, coal, agriculture, animal husbandry and fishery, electricity, immunotherapy, pork concepts and other zone pump are among the top ; Real estate, games, cultural media, insurance, AI corpus, ChatGPT concept and other zone fall are among the top . More than 900 stocks in the two cities pumped.
09:54
On May 6, some investors asked whether the company's synthetic biology cooperation with Jiangnan University has achieved results? Rhine Biotech said on the interactive platform that the company and Jiangnan University focused on the R&D and industrialization of microbial synthesis technology of natural sweeteners such as mogrosides, and as of the end of 2023, the two sides have completed the first phase of the research goal of mogroside synthetic biology and the development plan of synthetic biotechnology of some high value-added ingredients of steviol glycosides as planned.
07:05
Golden Ten Data on May 6, the three major indexes opened higher today, as of the close, the Shanghai index pumped 1.16%, the Shenzhen Component Index pumped 2%, and the ChiNext index pumped 1.98%. On the disk, the chemical zone set off a pump stoppage, 20% of United Chemical and Qicai Chemical pump stopped, and Sanxiang New Materials, Poly United and other long stocks pump stopped. The pharmaceutical zone was active, with Zhaoyan New Drug, Tongce Medical, and Azure Biotech pumping and stopping. In addition, chemical fiber, chemical fertilizer, transportation equipment, public utilities, food and beverage, CRO, titanium dioxide concepts and other zone pump ranked first, and tourism hotels, education, smart government affairs, state-owned assets cloud concepts and other zone fall ranked first. More than 4,500 stocks in the two cities pumped.
CRO-0.77%
13:02
Golden Finance reported that stablecoin issuance Tether has invested $200 million in biotech company Blackrock Neurotech. The investment was made through Tether's newly formed venture capital arm, Tether Evo. With this investment, Tether is now the longest shareholder of Blackrock Neurotech. Tether added that the investment will help Blackrock Neurotech fund the commercialisation and roll-out of its medical solutions and support its R&D efforts.
EVO-4.43%
05:13
Golden ten data on April 29, Rhine Biotech recently accepted the agency survey said that it is now the end of April, raw material planting has basically entered the end, from the current grasp of the raw material planting situation, it is expected that this year's stevia extract and monk fruit extract product prices will be an upward trend, especially monk fruit extract, this year raw material prices are expected to gradually repair to the equilibrium price, and then drive the price of downstream products part of the pump.
10:04
The company announced in the evening that it has recently obtained the "Medical Device Registration Certificate (In Vitro Diagnostic Reagent)" for the soluble growth stimulating expression gene 2 protein detection kit (chemiluminescent immunoassay) issued by the Zhejiang Provincial Drug Administration.
04:00
1. AMD Introduces First Desktop AI Processor 2. Volkswagen has partnered with Cerence to integrate intelligent automotive-grade ChatGPT 3. The Apple Vision Pro will be available in the U.S. on February 2 with a starting price of $3499 4. Nvidia unveils new chips, announcing a leading position in the AI PC track 5. Microsoft launches AI Odyssey program to train 100,000 Indian developers in AI technology 6. Sony CRV Motor has reached a partnership with Microsoft that will enable Azure OpenAI Service to develop conversational personal assistants 7. Nvidia will cooperate with miHoYo, Tencent, NetEase and other game companies in the AI digital human business 8. Biotech company Amgen will build AI models to analyze human datasets
CRV1.62%
02:56
Nvidia said biotech company Amgen will build AI models for analyzing one of the world's largest human datasets, which will be trained on Nvidia's DGX Superpod, a full data center platform, as reported by Kim Shi on January 9.
05:31
According to the National Business Daily, recently, Rito Biotech completed a B2 round of financing of over 100 million yuan, led by Guoke Investment and well-known domestic funds, with Shenzhen Investment Holding Capital participating in the investment, and Dianshi Capital serving as the exclusive financial advisor. This round of financing will be mainly used for the production, commercialization and R&D iteration of core products. RETO is a developer of artificial intelligence medical equipment, the company is mainly engaged in providing human body full specimens, full process, fully automated, fully intelligent inspection products, and has developed a new generation of DeepCell based on artificial intelligence.
09:19
On December 15, Hotgen Biotech announced that the company recently established the "X-Gen AI New Drug Discovery and Design Research Center", which is expected to promote the application of artificial intelligence technology in the field of drug research and development and accelerate the process of new drug discovery and design.
19:28
PANews reported on October 31 that a16z plans to raise about $3.4 billion for its next core fund, which will invest in early-stage and seed-stage companies, according to Axios. The funding will be launched around the end of the year and is expected to close in the first half of 2024. In addition, A16Z also plans to raise funds for new growth funds in 2025, with a focus on investing in the cryptocurrency and biotech sectors.
13:56
Odaily Planet Daily reported that VitaDAO, a DeSci (decentralized science) project invested by pharmaceutical giant Pfizer, recently spun off a biotechnology company, Matrix Biosciences. Matrix Biosciences, a biotech company led by Vera Gorbunova, an anti-aging researcher at the University of Rochester, has an initial funding of $300,000 for the project, with more funding to be available in early 2024. The company aims to conduct research on the longevity and cancer-fighting properties of naked mole rats, and to study whether compounds found in naked mole rats could extend human lifespan. (blockworks)
10:16
VitaDAO Founds Biotech Firm to Advance Longevity Research, Develop Treatments for Cancer and Age-related Diseases VitaDAO, a decentralized autonomous organization (DAO), has launched Matrix Biosciences, a biotech company focused on advancing longevity research. Matrix Biosciences, majority-owned by VitaDAO, will operate as a centralized entity and work on developing treatments for cancer and age-related diseases using research on the naked mole-rat. The company aims to demonstrate the compatibility of blockchain technology with the biotech industry and is actively collaborating with regulators to ensure compliance.
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08:24
PANews reported on October 9 that according to Decrypt, VitaDAO, a decentralized autonomous organization that aims to fund longevity research projects, has cooperated with famous biologist Vera Gorbunova to establish Matrix Biosciences, a biotechnology company that studies longevity. The company’s majority shareholder is VitaDAO, but due to the strict legal environment in the medical and healthcare fields, the company itself will still operate as a traditional company. VitaDAO will initially provide $300,000 in funding to Matrix Biosciences. The joint venture will then receive additional capital through its IP-NFT segmentation model. VitaDAO core member Eleanor Davies said Matrix Biosciences will study the anti-cancer, anti-pain and life-extending properties of a special substance rich in high molecular weight hyaluronic acid (HMW-HA) secreted by naked mole rats. It was reported in January this year that VitaDAO, a longevity research organization, completed US$4.1 million in financing, with Pfizer’s venture capital firm participating in the investment. Related reading: Can VitaDAO, which received investment from Pfizer, start a new narrative of decentralized science?
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07:15
Golden Finance reports that VitaDAO, a community organization that funds and promotes early longevity research, announced that it has partnered with world-renowned biologist Vera Gorbunova to establish Matrix Biosciences. Gorbunova, a professor at the University of Rochester, is credited with discovering the anti-cancer properties of naked mole rats. Todd White, a core member of VitaDAO, said the idea behind the new company is to “bring the research within the DAO back into the real world” rather than keeping it on-chain. Matrix Biosciences will operate centrally like a traditional company.
06:04
According to a report by Webmaster Home on September 11, Baitu Biotech’s AIGP protein design platform released the first batch of user recruitment information for internal testing, limited to 50 users. This platform is a generative protein design platform launched based on Baitu Biotech's life science Foundation Model-xTrimo, which can support the generation and optimization of multiple types of proteins. The AIGP protein design platform does not require local deployment and can be used online instantly, and user data will be strictly encrypted and protected.
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