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Stock impact report

Week In Review: SinoMab To IPO On Hong Kong Exchange [Seeking Alpha]

MacroGenics, Inc. (MGNX) 
Last macrogenics, inc. earnings: 11/6 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.macrogenics.com
Company Research Source: Seeking Alpha
Week In Review: SinoMab To IPO On Hong Kong Exchange Summary I-Mab Biopharma, a Shanghai oncology company, in-licensed greater China rights to a novel immunotherapy developed by MacroGenics of Maryland. Shanghai Fosun Pharma paid $36 million to buy an older GlaxoSmithKline drug making facility in Suzhou, along with non-exclusive rights to manufacture lamivudine, a GSK treatment for hepatitis B/HIV. Novartis expects to submit 50 new drug applications in China between 2019 and 2023 - ten per year - according to John Tsai, head of global drug development and chief medical officer for Novartis. Gilead Sciences signed a strategic cooperation agreement with Chengdu Hi-tech Zone to develop a Western China Operation Center at the Chengdu park. Deals and Financings SinoMab Bioscience, a Hong Kong clinical-stage antibody company, reported its filing for a Hong Kong IPO has been accepted by the Exchange. Founded in 2001 by Dr. Shawn Leung, the company has two mAbs in clinical development against Show less Read more
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