The world’s first CDK2/4/6 inhibitor, developed by Chia Tai Tianqing Pharmaceutical Group, a subsidiary of Sino Biopharmaceutical, was officially approved for market launch on Thursday. CDK2/4/6 inhibitors are targeted cancer drugs that stop certain proteins (CDK2, CDK4, and CDK6) that cancer cells need to grow and divide. Breast cancer has become the most common cancer…
Ingka Centres, a branch of the IKEA franchisee Ingka Group, has announced a new partnership with investment firm GoHigh Capital to establish a real estate fund for China, which will co-own three of Ingka’s Livat shopping centers. Subject to approval by regulatory authorities, the agreement would entail Ingka continuing to manage and operate the centers…
Dr Adrian Cheng (right), founder and executive chairman of K11 by AC of Almad Group, and Sheikh Mana, founder and chairman of Wafi Group, sign a joint venture agreement to launch multi-faceted partnerships on Dec 11 to expand their cultural and commercial footprints in the Middle East market. [Photo provided to chinadaily.com.cn] A Hong Kong-based…
VELENJE, Slovenia – Hisense Europe, a Chinese-owned consumer electronics and home appliances group based in Slovenia, expects to close 2025 with about 4.8 billion euros ($5.2 billion) in revenue, up 6 percent from 2024, Executive Vice-President Bostjan Pecnik said Thursday. Speaking at a press briefing in Velenje, Pecnik said the group’s profit will also exceed…
InnoCare Pharma Ltd, a Hong Kong-listed Chinese mainland biotech company, said on Thursday that its cancer drug Zurletrectinib has won approval from the National Medical Products Administration to treat adults and adolescents aged 12 and older with solid tumors carrying NTRK gene fusions. The therapy, also known as ICP-723, is a next-generation TRK inhibitor designed to…
People visit the booth of Alibaba.com during the 136th China Import and Export Fair in Guangzhou, South China’s Guangdong province, Oct 15, 2024. [Photo/Xinhua] Chinese tech heavyweight Alibaba Group is doubling down on artificial intelligence focused on both enterprises and consumers, and will integrate its e-commerce, map navigation and local services businesses into its newly launched…
Saudi Arabia-based SABIC, one of the world’s largest petrochemical firms, plans to deepen its investment and collaborative partnerships in China, as it has been leveraging the country’s continuously optimized business environment and long-standing mutual trust to enhance its presence in the fast-growing Asian market. Confident in the trajectory of China’s economic development, SABIC CEO Abdulrahman…
A core technology behind China’s first large-scale pumped-storage AI data analysis platform has secured a contract to build big-data systems for two major hydropower stations in Cambodia, China Southern Power Grid said. The bid marks the overseas application of China’s achievements in AI application in pumped storage, helping facilitate industrial technology cooperation in hydropower infrastructure…
China’s first national-level onshore shale oil demonstration zone has reached its annual crude output target of 1.7 million metric tons as of Tuesday, finishing 22 days ahead of schedule, according to an announcement on the China National Petroleum Corporation’s official website. The Jimsar shale oil demonstration zone in the Xinjiang Uygur autonomous region was jointly…
Engineers of the Humanoid Robot (Shanghai) Co Ltd fine-tune the robot’s dexterity through rigorous grasping and handling performance tests on Dec 8. [Photo by Luo Bin/chinadaily.com.cn] Leading robotics companies offered a preview of their advanced technologies for upcoming international events during a media briefing in Shanghai’s Zhangjiang area on Dec 8. The spotlight is on…