In 2017, over 40 pharmaceutical ventures went public in China

On average, there were 4 IPO per month, and nearly 90 % of the companies had VC/PE support. The original investment period of 8-10 years was reduced to about 3-5 years. Total funds raised reached over 200 billion yuan. China Bio news release, November 30,...

China’s youngest academician, Tao XU (徐涛)

A biomedical engineer by education, Tao XU is presently Director of the Innovation Center of Instruments and Technologies for Life Sciences at CAS Beijing Institute of Life Sciences. His focus is on membrane and vesicle transport. Born in May 1970, he was a postdoc...

CFDA proposes law to simplify certification of drugs

According to a CFDA law amendment brought to congress vote, certification of drugs in China might be simplified in the future: 1. permission for manufacture and GMP certificate will be combined in one certificate, and 2. permission for storage (GSP = good storage...

Cyanobacterial sucrose synthesis is closely linked to glycogen pool

Cyanobacteria such as Synechococcus sp. PCC 7942 overproduce sucrose to achieve osmotolerance in saline solution. The teams around Xuefeng LU and Quan LUO at CAS Qingdao Institute of Bioenergy and Bioprocess Technology (QIBEBT), in collaboration with Martin Hagemann...

AI-based robot provides accurate data on general health status

The robot developed by Regenerative Medicine Technology Co. consists of a compact body and a flat panel display. The user first scans the QR code at the top of the display to connect to the enterprise public number, then affixes the right hand to the body, and the...

China reports first transpacific passenger flight using biofuel

Hainan Airlines flight HU497 departed from Beijing Capital Airport on Nov. 21 and landed 11 hrs later at Chicago O’Hare in the USA. It carried 186 passengers and 15 crew members. The biofuel used (Sinopec No. 1 jet fuel) was processed from coconut, palm, Jatropha,...

CAS QIBEBT: Raman-based single-cell analysis for carbon storage

Using algae such as Chlamydomonas reinhardtii, Nannochloropsis and others, the group of Jian XU at CAS Qingdao Institute of Bioenergy and Bioproess Technology (QIBEBT) has succeeded to quantify, label-free, the amount of starch, protein and triacylglycerol in single...