SinoMab Was Invited to Attend the Inaugural Asia Summit on Global Health
HONG KONG, Nov 26, 2021 - (ACN Newswire) - SinoMab BioScience Limited ("SinoMab", or the "Company", stock code: 3681.HK), a Hong Kong-based biopharmaceutical company dedicated to the research, development, manufacturing and commercialization of therapeutics for the treatment of immunological diseases, was invited to attend the inaugural Asia Summit On Global Health ("ASGH"), jointly organized by the Government of the Hong Kong Special Administrative Region and the Hong Kong Trade Development Council (HKTDC) yesterday, Dr. Shui On LEUNG, Executive Director, Chairman and Chief Executive Officer of SinoMab, joined the panel discussion on the topic of "What's Next for Healthcare Innovation and Investment".
| The panel discussion of "What's Next for Healthcare Innovation and Investment";
Dr. Shui On LEUNG, Executive Director, Chairman and Chief Executive Officer of the Company (second right) |
| Dr. Shui On LEUNG was the guest speaker |
With the theme of "Shaping a Resilient and Sustainable Future", the Inaugural ASGH was held at the Convention Hall of Hong Kong Convention and Exhibition Centre and synchronized online. At the panel discussion with the topic of "What's Next for Healthcare Innovation and Investment", Dr. Shui On LEUNG, Executive Director, Chairman and Chief Executive Officer of the Company, was one of the guest speakers.
Regarding the development of biotechnology and healthcare ecosystem in Hong Kong in recent years, Dr. Shui On LEUNG said that in stead of being a standalone ecosystem, Hong Kong has to merge with either mainland China or other part of the world, and Hong Kong can play the role as a phase I clinical trial center and a trial site. He said that the ecosystem depends on scientific innovation and government involvement. Doing innovative research in Hong Kong enjoys advantages such as legal protection and patenting system, which will facilitate the companies to get licensed with other collaborators. He pointed out that Chapter 18A of the Listing Rules and Guidelines reflects the value of the biotechnology industry, improves market liquidity, and encourages more investment into the biotechnology system.
More than 70 senior government officials, investors, influential business leaders, financial and professional service providers as well as renowned academia from related sectors worldwide were invited to attend the summit to exchange insights and explore business opportunities and partnership. Exhibitions, project pitching and business networking sessions were also be staged to facilitate business negotiation and investment partnerships.
Dr. Shui On LEUNG said, "It is a great honour to attend the Inaugural ASGH on behalf of the Company. Through the communication and sharing with stakeholders including healthcare and technology experts, research and business leader, start-ups, investors and government decision-maker on the summit, the overall development of the ecosystem for the healthcare and biotechnology sectors will be benefited. SM03, the flagship product of the Company, completed the enrolment for Phase 3 clinical trial in this year and expected to readout data next year, indicating that SM03 will soon be commercialized. For business development, we have entered into our first license agreement in September this year. To enhance our R&D and product development capabilities, new plant of over 32,000 liters production capacity of our Suzhou campus is under construction. In the future, the Company will be dedicated to discovering and developing novel drug targets and exploring treatments for immunological diseases, further expanding our product pipeline to fight for patients' well-being. We will also continue to actively looking for opportunities of collaboration and partnership, consolidate the capital market position of the Company as well as contribute to human healthcare and the biotechnology industry of Hong Kong."
About SinoMab BioScience Limited
SinoMab BioScience Limited (stock code: 3681.HK) is dedicated to the research, development, manufacturing and commercialization of therapeutics for the treatment of immunological diseases. The Company's flagship product SM03 is a potential global first-in-target mAb against CD22 for the treatment of rheumatoid arthritis and is currently in Phase III clinical trial for rheumatoid arthritis in China, which has been recognized as one of the significant special projects of Significant New Drugs Development of the Twelfth Five-Year Plan Period and the Thirteenth Five-Year Plan Period. In addition, the Company possesses other potential first-in-target and first-in-class drug candidates, some of which are already in clinical stage, with their indications covering rheumatoid arthritis, systemic lupus erythematosus, pemphigus vulgar, non-Hodgkin's lymphoma, asthma, and other diseases with major unmet clinical needs.
Source: SinoMab BioScience Limited Sectors: BioTech, Healthcare & Pharm
Copyright ©2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
Latest Release
Four-strong TOYOTA GAZOO Racing squad to push for more Portugal success May 02, 2024 18:05 JST
| Spectacular Spa awaits TOYOTA GAZOO Racing May 02, 2024 17:46 JST
| Q&M Dental Enhances Digital Capabilities by Integrating Align Technology's Newest iTero Lumina(TM) Intraoral Scanner Across Dental Clinics in Singapore May 02, 2024 11:00 JST
| Sumitomo Metal Mining and Mitsubishi Corporation to Participate in Kalgoorlie Nickel Project - Goongarrie Hub Apr 30, 2024 19:08 JST
| New Immuno-Oncology Research Project in Partnership With Merck Starts at the BioMed X Institute in Heidelberg Apr 30, 2024 18:00 JST
| SPARX Group Establishes Space Frontiers Second Fund Apr 29, 2024 18:49 JST
| MHI Establishes Local Subsidiary "Mitsubishi Heavy Industries Vietnam" Apr 29, 2024 18:00 JST
| POSCO Future M and Honda Reach Basic Agreement on Collaboration for Production of Cathode Materials for Automotive Batteries in Canada Apr 29, 2024 14:25 JST
| Honda Plans to Establish Comprehensive Electric Vehicle Value Chain in Ontario, Canada Apr 29, 2024 14:16 JST
| JCB enables JCB Contactless acceptance at Taichung MRT in Taiwan Apr 26, 2024 10:00 JST
| Mazda Production and Sales Results for March 2024 and for April 2023 through March 2024 Apr 25, 2024 18:21 JST
| MHI Begins Operation of SOEC Test Module the Next-Generation High-Efficiency Hydrogen Production Technology at Takasago Hydrogen Park Apr 25, 2024 17:45 JST
| GAC Honda to Begin Sales of All-new e:NP2, the Second Model of e:N Series Apr 25, 2024 16:50 JST
| Toyota Exhibiting at Beijing Motor Show 2024 Apr 25, 2024 16:25 JST
| Honda Reaches Basic Agreement with Asahi Kasei on Collaboration for Production of Battery Separators for Automotive Batteries in Canada Apr 25, 2024 11:10 JST
| UNIQLO Sponsors KAWS + Warhol Exhibition Tour, Starting in Pittsburgh Apr 25, 2024 09:00 JST
| Mitsubishi Power Begins Commercial Operation of Seventh M701JAC Gas Turbine in Thailand GTCC Project; Achieves 75,000 AOH To-Date Apr 24, 2024 17:19 JST
| MC and Denka Sign J/V Agreement in Fullerene Business Apr 24, 2024 17:02 JST
| Mitsubishi Motors Posts Record Sales in the Philippines in FY2023 Apr 24, 2024 13:56 JST
| NEC Develops High-speed Generative AI Large Language Models (LLM) with World-class Performance Apr 24, 2024 13:25 JST
|
More Latest Release >>
|