Testing of an experimental hepatitis E vaccine developed by China-based Xiamen Innovax Biotech has proven enormously successful, Bloomberg reported, citing a study published in The Lancet, a medical journal. The 19-month trial, which involved over 112,000 people between the ages of 16 and 65, achieved a perfect rate of prevention from the disease. Hepatitis E, […]
Category: Health Care
Shares of orthopedic implant maker China Kanghui Holdings (KH.NYSE) rose nearly 19% on the New York Stock Exchange yesterday after the stock debuted, Reuters reported. The strong performance bucked the overall slump in the market. MediaMind Technologies (MDMD.NYSE), which also debuted yesterday, declined 4%. Kanghui makes titanium and stainless steel devices for treating bone fractures, […]
Food additives in fresh juices may soon be banned after China’s State Food and Drug Administration (SDA) released a set of draft regulations on the management of fresh juice in catering establishments, state media reported. The draft rules have been posted on the SDA’s website seeking public opinion. Under the SDA’s regulations, the use of recycled […]
A $1.6 billion deal for Charles River to buy Wuxi PharmaTech has been torpedoed
Pharmaceutical research firms Charles River Laboratories (CRL.NYSE) has withdrawn from its proposed US$1.6 billion acquisition of China’s WuXi PharmaTech (WX.NYSE) in the face of anticipated rejected by shareholders, the Wall Street Journal reported. Charles River will pay WuXi US$30 million in breakup fees but avoid additional fees that would have been incurred had the acquisition proposal […]