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Sinobioway Bio-Technology (08247.HK) received an off-market purchase of 370,000 domestic shares from Shandong Bokang Sinobioway Technology Co., Ltd. and its related parties, valued at approximately RMB 1.6095 million.
According to a filing disclosed by the Hong Kong Stock Exchange on June 1, Shandong Boke Zhongsheng Technology Co., Ltd. purchased an additional 370,000 domestic shares of Zhongsheng Beikong Biotechnology (08247.HK) off-exchange on February 25 at an average price of RMB 4.35 per share (all amounts in RMB unless otherwise stated), for a total value of approximately RMB 1.6095 million. Following this transaction, Shandong Boke Zhongsheng Technology Co., Ltd.’s total holdings increased to 31,678,600 shares, raising its beneficial ownership stake from 38.93% to 39.39%. Other related parties involved in this transaction include Jinan Moze Biotechnology Co., Ltd., Chu Danxia, and Gan Yiwu. Image source:
As the ASCO annual meeting approaches, the number of LBA for domestically innovative drugs has reached a new high, with three key investment themes worth noting.
A total of 63 studies were selected as Late-Breaking Abstracts (LBA) at this year's ASCO, including 13 studies from 12 companies based in China; notable domestically developed innovative drugs selected for LBA include AK112 from Akeso Biopharma and sintilimab plus chemotherapy from Innovent Bio; Huatai Securities stated that China's innovative drug sector is rapidly emerging as a defining force in global oncology treatment paradigms, with first-line lung cancer being one of the key focuses at this year’s ASCO.
ZS-2000, a fully automated biochemical analyzer independently developed by ZS Jinan, a subsidiary of China Biologic Products North Control Biotech (08247), has been granted a medical device registration certificate and is now available on the market.
Sinobiological (08247) announced that ZS-2000, a fully automatic biochemical analyzer independently developed by its subsidiary Sinobiological Medical Device Technology (Jinan) Co., Ltd. (Sinobiological Jinan), has recently obtained the China Medical Device Registration Certificate issued by the Shandong Provincial Medical Products Administration (Registration Certificate No.: Lu Medical Device Registration Approval 20262220227). The acquisition of this registration certificate signifies that the product is qualified for legal marketing and use within the territory of China.
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