SIMCERE ZAIMING HKEX Listing Application Lapses Upon Six-Month Expiry; Recorded Most Out-Licensing Transactions Among Chinese Biopharma Firms in 2025

NewTimeSpace News: The listing application submitted by Simcere Zaiming Pharmaceutical Co., Ltd. to HKEX on 9 January 2026 has lapsed following expiry of the six-month validity period. Morgan Stanley and CICC acted as the original joint sponsors. Focused on innovative oncology drug R&D, the Company completed three out-licensing transactions in 2025, ranking first by transaction count and fourth by aggregate deal value among Chinese biopharmaceutical companies. It struck landmark licensing partnerships with AbbVie, Ipsen and NextCure with a potential total consideration exceeding USD2.8 billion plus tiered royalties.

NewTimeSpace News: The listing application filed by Simcere Zaiming Pharmaceutical Co., Ltd. with The Stock Exchange of Hong Kong Limited on 9 January 2026 has lapsed upon expiration of the six-month validity window. Morgan Stanley and China International Capital Corporation served as the original joint sponsors.

The Company is a biopharmaceutical enterprise concentrating on the research, development and commercialisation of innovative oncology medicines, covering a full value chain from drug discovery through manufacturing to commercial launch. Its marketed portfolio comprises five innovative medicines, including Endostar®, China’s first anti-angiogenic agent; Cosela®, the world-first myeloprotective agent for comprehensive bone marrow protection; and Erlitux®, the first domestically developed anti-EGFR monoclonal antibody in China. Four of the five commercialised products have been included in the National Reimbursement Drug List.

The pipeline covers more than 15 candidates at clinical stages or pending IND submissions. In 2025, the Group entered landmark out-licensing collaborations with AbbVie, Ipsen and NextCure. The potential aggregate value of these deals surpasses USD2.8 billion, on top of tiered royalty payments.

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