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Jiangsu Yahong Meditech Co. Ltd.

688176.CGCNY
13.47+27.3%1Y · CNY

Jiangsu Yahong Meditech Co., Ltd. is a pharmaceutical company focused on urogenital tumors and women's health in China and internationally. Its pipeline includes APL-1702, a photodynamic drug-device combination for high-grade squamous intraepithelial lesions of the cervix and HPV viral clearance; APL-2302, an oral small-molecule USP1 inhibitor for ovarian and breast cancer; APL-2501 for ovarian cancer; AT-018 for breast cancer; and AT-021 for breast cancer and other solid tumors. The company also develops APL-1706 and APLD-2304 for non-muscle-invasive bladder cancer (NMIBC) diagnosis and surgery, APL-1202 for untreated intermediate-risk NMIBC and neoadjuvant therapy before MIBC, and APL-2401 for urinary tumors. Additional programs include APL-1202 for free-living amoeba infection, APL-1401 for moderate to severe active ulcerative colitis, and APL-2301, an antibiotic for Acinetobacter baumannii infection. Incorporated in 2010, the company is based in Shanghai, China.

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Asieris Pharmaceuticals signs exclusive licensing deal for APL-1702 with Theramex, total value exceeds 250 million US dollars

Asieris Pharmaceuticals announced on the evening of October 7 that it has signed a conditional exclusive licensing agreement with Theramex HQ UK Limited. Theramex will obtain exclusive rights to APL-1702, marketed as CEVIRA, in European countries as well as Australia, New Zealand and Turkey, while the company retains related rights in the rest of the world. Under the agreement, the company will receive an upfront payment of 15 million US dollars, a near-term regulatory milestone payment of 11 million US dollars, as well as commercial milestone payments and tiered sales royalties, bringing the total transaction value to more than 250 million US dollars. The announcement showed that CEVIRA is a first-in-class photodynamic therapy product, consisting of hexaminolevulinate hydrochloride ointment and a single-use cervical photodynamic therapy light device, achieving a breakthrough in treatment through innovative local administration and an intravaginal cold light source design. The product offers unique advantages in treatment, including precise targeted clearance of lesions, immune clearance of HPV, and protection of fertility.
688176.CG · Demand · Positive Signs exclusive licensing deal with Theramex for APL-1702 (CEVIRA) in Europe/Australia/NZ/Turkey, worth over $250M in upfront, milestone and royalty payments.
Theramex · Demand · Positive Obtains exclusive rights to commercialize APL-1702 (CEVIRA) across European countries, Australia, New Zealand and Turkey.
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Feilong Shares Forecasts Q1–Q3 Net Profit Down 59.2%–66.87%; New Asia Technology Plans Restructuring and Trading Halt

Feilong Shares announced that net profit attributable to shareholders for the first three quarters of 2026 is expected to be between 95 million yuan and 117 million yuan, down 59.20% to 66.87% year on year, mainly due to the combined impact of multiple phased factors including intensifying industry competition, rising raw material prices, exchange rate fluctuations, and new businesses still in the incubation period. At this stage, revenue from non-automotive businesses accounts for a relatively low proportion of overall revenue. New Asia Technology is planning to acquire a controlling stake in Shanghai Qiyuan Gas Development Co., Ltd. through the issuance of shares and cash payment, and to raise supporting funds. The transaction is expected to constitute a major asset restructuring, and trading in the company's securities has been suspended since the market opened on October 8, 2026. Huahai Pharmaceutical expects net profit for the first three quarters of 2026 to be between 1.028 billion yuan and 1.103 billion yuan, up 170% to 190% year on year, mainly due to a significant increase in sales revenue from the active pharmaceutical ingredients business, expansion of products winning bids under centralized procurement in the domestic finished drug business, a turnaround to profitability in the US finished drug business, as well as gains from winning an arbitration and a reduction in research and development expenses. Asieris Pharmaceuticals has signed a conditional exclusive license agreement with Theramex, under which Theramex obtains exclusive rights to APL-1702 in European countries as well as Australia, New Zealand, and Turkey. The company will receive an upfront payment of 15 million US dollars, a near-term regulatory milestone payment of 11 million US dollars, as well as commercial milestone payments and tiered sales royalties, with the total transaction value exceeding 250 million US dollars. COSCO Shipping Holdings has completed its A-share repurchase, actually repurchasing 50.0175 million shares, accounting for 0.3276% of total share capital, with a repurchase amount of 755 million yuan and a repurchase price range of 13.69 yuan to 16.42 yuan per share. The company will cancel the repurchased shares on October 8.
002536.CS · Capital · Negative Feilong Shares forecasts Q1-Q3 2026 net profit down 59.20%-66.87% year on year.
600521.CG · Capital · Positive Huahai Pharmaceutical forecasts Q1-Q3 2026 net profit up 170%-190% year on year.
688176.CG · Demand · Positive Asieris signs exclusive license agreement with Theramex for APL-1702 in Europe, Australia, New Zealand, and Turkey, receiving upfront and milestone payments.
Theramex · Demand · Positive Theramex obtains exclusive rights to APL-1702 in European countries, Australia, New Zealand, and Turkey under a license agreement with Asieris.
上海启元气体发展有限公司 · Capital · Neutral New Asia Technology plans to acquire a controlling stake in Shanghai Qiyuan Gas Development via share issuance and cash, constituting a major asset restructuring.
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Biotech & Genomic Medicine▲

FDA Approves Clinical Trial for APL-2501 by Yahong Medtech Subsidiary

Baylink Biosciences Inc, a controlled subsidiary of Yahong Medtech, has received approval from the U.S. Food and Drug Administration for an investigational new drug application for APL-2501 for the treatment of advanced solid tumors. APL-2501 is an antibody-drug conjugate based on a topoisomerase inhibitor, expected to be useful in treating multiple advanced solid tumors such as ovarian cancer and non-small cell lung cancer. In the first quarter of 2026, Yahong Medtech recorded revenue of 71.09 million yuan and a net loss attributable to the parent company of 112 million yuan.
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Biotech & Genomic Medicine › Antibody-Drug Conjugates (ADC) Competition
Baylink Biosciences Inc · Technology · Positive FDA approval for its investigational drug APL-2501 is a direct positive development for Baylink.
688176.CG · Technology · Positive FDA approval for APL-2501 trial is a positive regulatory milestone for its subsidiary, though financials show losses.
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Asieris Pharmaceuticals Faces Arbitration as Photocure Seeks 4.4 Million Dollars in Milestone Payments

Asieris Pharmaceuticals and its wholly-owned subsidiary Asieris Meditech Hong Kong Co., Ltd. have been taken to arbitration by Photocure before the American Arbitration Association over a dispute concerning milestone payments under the APL-1702 license agreement, with Photocure seeking 4.4 million dollars plus interest. Photocure granted Asieris an exclusive worldwide license for APL-1702, and the company had previously paid all triggered milestone amounts. Following the approval and launch of APL-1702, marketed as CEVIRA, in China in March 2026, Asieris paid 6.6 million dollars in April 2026, but contends that this approval did not trigger the full 11 million dollar payment obligation for that milestone, whereas Photocure asserts that the payment conditions have been met. In the first quarter of 2026, Asieris reported revenue of 71.09 million yuan and a net loss attributable to the parent company of 112 million yuan.
0IMT.LSE · Regulation · Positive Photocure is seeking $4.4 million in arbitration from Asieris for unpaid milestone payments, which could result in a financial gain.
688176.CG · Regulation · Negative Asieris is being taken to arbitration by Photocure over a $4.4 million milestone payment dispute, creating legal and financial uncertainty.
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