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Sino Biopharmaceutical acquires LaNova, starts cancer drug trial

July 22, 2025 at 08:50 AM UTCBy FilingReader AI

Sino Biopharmaceutical completed its acquisition of LaNova Medicines, adding RMB1.93bn in net assets. LaNova generated RMB4.22bn revenue and RMB1.69bn net profit in the six months to June 30.

The company also began dosing the first patient with TQB6411, a new cancer drug targeting advanced malignant tumors.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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