Tag: Medicines

Kingworld Medicines Expects 1H Profit Increased By 35%-40%

Kingworld Medicines Group (“Kingworld Medicines” or the “Group”, stock code: 01110.HK), a leading healthcare distribution company, announced a projected rise in profit for the first half of the fiscal year. Based on a preliminary assessment of the unaudited consolidated management accounts of the Group for the six months ending June 30, 2023, the Group anticipates a profit surge ranging from approximately 35% to 40% for the period, compared to the same period last year. The Board attributes this profit increase to increased revenue and gross profit stemming from the distribution of imported branded pharmaceutical and healthcare products in China, with ... Read more

European Medicines Agency Accepts Astellas’ Marketing Authorization Application for Zolbetuximab

TOKYO – WEBWIRE – Friday, July 14, 2023 Astellas Pharma Inc. (TSE: 4503, President and CEO: Naoki Okamura, Astellas) today announced the European Medicines Agency (EMA) has accepted for regulatory review the companys marketing authorization application (MAA) for zolbetuximab, a first-in-class investigational Claudin 18.2 (CLDN18.2)-targeted monoclonal antibody, for first-line treatment of patients with locally advanced unresectable or metastatic HER2-negative gastric or gastroesophageal junction (GEJ) adenocarcinoma whose tumors are CLDN18.2-positive. If approved, zolbetuximab would be the first CLDN18.2-targeted therapy available in Europe for these patients. Gastric cancer accounted for 3.1% of all new cancer cases in Europe in 2020, with around ... Read more