
Ophthalmic New Drug Developer

Research and Product Developer of Plant-derived Recombinant Protein Expression Technology

Cardiovascular Interventional and Implantable Device Manufacturer

Developer of Natural Fully Human Monoclonal Antibody New Drugs

Gene Therapy Product Developer
Click to follow? | Focusing on Global Biomedical Investment

In July, Yifeng Capital invested inCloudbreak PharmaSuccessfully listed on the Hong Kong Stock Exchange,Healthgen Biotech, InSight LifetechBecome the first two companies to pass the review under the fifth set of standards of the STAR Market.TrinomabBecome the first company to be successfully accepted under the fifth set of standards of the STAR Market.
While continuously making efforts in the biopharmaceutical field,Other invested companies of Edge Capital also performed remarkably.
01
Progress of Portfolio Companies' IPOs and Financing
Cloudbreak Pharma
· The First International Ophthalmic Innovation Drug Stock in Hong Kong! Cloudbreak Pharma Successfully Listed on the Hong Kong Stock Exchange
On July 3, Cloudbreak Pharma (CloudBreak Therapeutics) officially listed on the Main Board of the Hong Kong Stock Exchange, with the stock code: 02592.HK, and an issue price of HKD 10.10 per share. This IPO reached a market value of HKD 8.473 billion, raising approximately HKD 522 million in net proceeds. This not only marks the successful entry of an innovative ophthalmic pharmaceutical company onto the capital stage but also rings a bell of hope for hundreds of millions of patients worldwide who are troubled by eye diseases.
Healthgen Biotech
· The First IPO After the "Standard" Restart
InSight Lifetech
· IPO Passes 1 out of 1, the Second Company after the Restart of the Fifth Set of Standards!
Trinomab
· Trinomab Becomes the First Company to Accept IPO Under the Fifth Set of STAR Market Listing Standards After Restart
Zhongmou Therapeutics
· Zhongmou Therapeutics Completes Tens of Millions of Yuan in New Round of Financing
Chengdu Mechan Electronic Technology Co.,Ltd.
· Suzhou Mechan Medical Technology Co., Ltd. Completes Approximately RMB 200 Million in Series A+ Financing
02
Clinical and Commercial Dynamics of Invested Companies
Century Kaitai
· World's First, China's First ~ Century Kangtai Multilevel Depth-of-Field Extended EDOF Intraocular Lens Unveiled!
On July 11, at the A111 booth of Century Kangle in the 25th Chinese Medical Association Cataract and Refractive Surgery Academic Conference (CSCRS 2025), a highlight moment was reached –World's First Multi-Level Extended Depth of Focus Intraocular Lens, China's First EDOF Innovative DeviceGlory Released!
Recently, at the 25th Chinese Medical Association Cataract and Refractive Surgery Academic Conference (CSCRS2025), Century KANGTAI's "Crystal Brilliance Intelligence Gathering, Visionary New Chapter" series of academic activities attracted significant attention in the industry. Among them,"Radiant Spectrum, Enlightening New Vision" Trifocal Symposium and "Trifocal Wisdom Hall"Two Core Events, Gathering15 Top Ophthalmology Experts, Deeply shared the insights of Cloudbreak Pharma.®The Innovative Technology and Clinical Practice Wisdom of the All-New Generation Trifocal Plus Intraocular Lens.
Innovo Medical
· Mini-probe Endoscopic Ultrasound Introduced at Cangzhou Hospital of Integrated Traditional and Western MedicineTwo Tertiary Hospitals in Guizhou
Recently, the "Neptune" mini-probe endoscopic ultrasound developed by InnovaMed was successfully installed at the Endoscopy Center of Cangzhou Hospital of Integrated Traditional and Western Medicine. The introduction of this advanced equipment greatly enriches the department's diagnostic and treatment methods, allowing doctors to handle complex and difficult digestive system diseases with more ease, thereby significantly improving diagnostic and treatment efficiency and success rates.
Two Major Regional Medical Centers in Guizhou — Zunyi First People's Hospital and Anshun People's Hospital — Have Introduced the "Uranus" and "Gemini" Mini-Probe Endoscopic Ultrasound Systems from Yingtai Bio, Empowering Precision Diagnosis and Treatment with Innovative Technology, Allowing Local Residents to Access High-Quality Medical Services Close to Home.
中美双和
· US-China Double Harmony Peripheral Balloon Successfully Entered and Won Bid in Hebei's "Provincial Alliance Centralized Volume Purchase of Vascular Interventional Medical Consumables"
Weimai Medical
· Weimai Medical undertakes national key R&D projects, leading the breakthrough in core force interaction technology for interventional robots.
Trinomab
· Published in the prestigious international journal "Nature Medicine" (IF=50.0)
On July 8, the Phase III clinical trial results of Trinomab's globally pioneering anti-tetanus toxin monoclonal antibody new drug - Stedutamab Injection (trade name: Xintituo) were published in the international top journal *Nature Medicine* (Impact Factor IF=50.0).
HaploX
· HaploX EMQN-DNA Sequencing-NGS Passes with Full Marks!
Recently, the European Molecular Genetics Quality Network (EMQN)The results of the 2024 DNA SEQUENCING-NGS (Somatic SNVs and indels + matched germline sample) external quality assessment have been announced. HaploX achieved a perfect score in this assessment, marking another comprehensive recognition by EMQN of HaploX's laboratory technical management standards. This indicates that HaploX’s diagnostic quality and standards remain at the forefront of the international stage and have gained recognition from authoritative global institutions.
Kaisi Biotech
· Globalization Strategy Implemented, Factories in the U.S. and Japan Commence Production Simultaneously!
Amid the accelerating restructuring of the globalized CDMO industry, Kaishi Biotech has made a "double-barreled" move – strategically acquiring a controlling stake in NPS, a subsidiary of Japan's PSS Group with 40 years of CDMO history. Starting from July 1, Kaishi Biotech officially took over the management rights of NPS in Japan. Simultaneously, its U.S. consumables production base has commenced operations. This strategic layout not only signifies the deep advancement of Kaishi Biotech's globalization strategy but also injects certainty into the global pharmaceutical industry chain through a "technology + capacity" dual-engine approach, reshaping the industry’s value map. Kaishi Biotech has now officially embarked on a new chapter of globalization with a "dual-core driven" supply chain.
Beimai Pharmaceuticals
· Beimai Pharmaceuticals' Dermatology Product TWYNEO® (Tretinoin and Benzoyl Peroxide Cream) Receives Drug Registration Clinical Trial Application Acceptance Notice
Coreach
· CoreEase RuiYuan® DiaSphere® Embolic Microspheres Pre-Market RCT Study Published in Authoritative Journal, Ushering in a New Era of Evidence-Based Embolization Therapy
Recently,Coreach Medical's Self-developed Ruiyuan®DiaSphere®Embolic Microspheres Reach Another Milestone Recently——The results of its pre-market randomized controlled trial (RCT) were published online in an authoritative journal. As the first in ChinaEmbolic microspheres for pre-market RCT clinical studies,Rui Yuan®DiaSphere®Validating the safety and efficacy of the product according to the gold standard of evidence-based medicine, it fills the gap in pre-market randomized controlled trials (RCT) for high-end medical devices in China's embolization interventional field, providing substantial evidence-based support for its clinical practice.
Xuanyu Medical
· MultipleHospital Performs First Batch of XuanYu RhythPulse® PFA Surgeries
· CAFS2025 Xuan Yu Medical PFA System Launch Conference Successfully Held
Recently,The 2ndDuring the 3rd Atrial Fibrillation Academic Conference (CAFS2025), Xuan Yu MedicalShineRhythm® & RhythPulse® Cardiac Pulsed Field Ablation SystemThe listing meeting was successfully held in Dalian, China.
Nolwen Biotech
· Electrochemical Catalysis NO Device Assists in Postoperative Management of Adult Congenital Heart Disease
Recently,Cardiovascular Surgery Team of Peking University International Hospital UsesNoliving Bioelectrochemical Catalysis Nitric Oxide Therapeutic Device (INOwill N200)Clinical research paper on the treatment of pulmonary hypertension associated with congenital heart disease in adults (CHD-PAH), titled "Innovative nitric oxide delivery technology for postoperative pulmonary hypertension in congenital heart disease patients: a clinical trial," has been officially published in the journal BMC Cardiovascular Disorders (Chinese Academy of Sciences SCI Zone 3).
Hannuo Medical
· Hannuo Medical AppearsAPELSO 2025
From July 10 to 12, the 7th Asia-Pacific Extracorporeal Life Support Organization Annual Meeting (APELSO 2025) was held in Beijing, co-organized by the Chinese Society of Biomedical Engineering, the Extracorporeal Circulation Branch of the Chinese Society of Biomedical Engineering, and the Asia-Pacific Extracorporeal Life Support Organization. Leveraging the APELSO as an international authoritative academic platform, Hannover Medical systematically showcased its significant progress in product innovation to experts, scholars, and industry peers in the Asia-Pacific region. This includes: continuous upgrades in device performance — through optimizing hemodynamic management accuracy and extending the stable operation time of equipment; enhanced convenience and safety in clinical applications — relying on intelligent human-machine interaction interfaces and comprehensive monitoring systems; as well as ongoing efforts and breakthrough improvements in portable transport solutions.
· Lifemotion® ECMO Centrifugal Pump Recognized by International Authoritative Journal
Recently, the research findings published in the international authoritative journal "ASAIO Journal," titled "Hemolysis in a Novel Centrifugal Blood Pump With Low Priming Volume: In Vitro Comparative Study Using Human Blood and Numerical Analysis," scientifically validated this issue. The study shows that Hannuo Medical's Lifemotion® centrifugal pump not only reduces the size of the centrifugal pump but also decreases the area of high shear stress regions within the pump, demonstrating excellent hemodynamic performance and reducing the risk of hemolysis compared to similar blood pumps.
Kaituo Biotech
· Founder of Cadence Biotech Appointed as Entrepreneurship Mentor at Suzhou Biomedical Sub-Center, Empowering the Ecosystem through the CRDMO Platform
Recently, the BioMatch Overseas Talent Session, hosted by the Regional Technology Transfer and Transformation Center for Biomedicine of Universities across China (Suzhou, Jiangsu) (hereinafter referred to as "Suzhou Biomedicine Sub-center"), was held in Suzhou Industrial Park. Dr. Ren Keyun, General Manager of Cytoscape Biotech, was invited to be appointed as the "Entrepreneurship Mentor" of the Suzhou Biomedicine Sub-center. Together with experts from top institutions such as the Hong Kong Polytechnic University and the Suzhou Research Institute of the National University of Singapore, they formed a "think tank" to provide precise guidance for the transformation of biomedicine achievements.
Reindeer Bio
· Caribou Biosciences' Ixazomifene Injection (Fucaso) Receives Orphan Drug Designation from South Korea's Ministry of Food and Drug Safety
On July 9, Icarus Bio announced that the South Korean Ministry of Food and Drug Safety (MFDS) granted Orphan Drug Designation (ODD) to its self-developed BCMA-targeted CAR-T cell therapy product, Fucaso (Idecabtagene Vicleucel) Injection, for the treatment of adult patients with relapsed or refractory multiple myeloma (R/R MM) who have experienced disease progression after at least three prior lines of therapy (including at least one proteasome inhibitor and one immunomodulatory agent).
Tianqin Biotech
· Building a One-Stop New Drug R&D Platform from Target to IND
Recently, Tianqin Biotech and ChemPartner Corporation officially signed a strategic cooperation agreement. This collaboration aims to deeply integrate the core advantages of both parties in the innovative drug R&D industry chain, jointly creating a one-stop service platform covering the entire process "from target discovery to IND," providing global pharmaceutical companies with more efficient and professional solutions.
Senmai Medical
· Taking the Lead in Global Collaboration to Build a New Blueprint for Intelligent Drug Delivery
Recently,The World-Focused Pharmaceutical EventCPHI China 2025 Successfully concluded.Senmai Medical Technology and International Pharmaceutical PackagingBrandNanjingBaTevfik and Flexcon Join Hands, Sign Strategic Cooperation Agreement, and Embark on a New Journey of Global Innovation and Industrial Application of Drug Delivery Devices.This timeCooperation Focuses on Specialized Packaging andLevel IIThe development of pharmaceutical packaging materials is dedicated to providing customers with better overall solutions to achieve the integration of drugs and devices.Bringing New Breakthroughs to the Medical Industry.
Microchip Biotech
· Milestone in First-Line DLBCL Treatment! Final Top-Line Analysis of Chidamide DEB Study Achieves Primary Endpoint of EFS
Recently, the pivotal Phase III clinical trial (DEB study) of Chidamide, a globally first-in-class optimal drug independently developed by Chipscreen Biosciences, for the treatment of diffuse large B-cell lymphoma (DLBCL) in combination with frontline therapy and as a single-agent maintenance therapy, has completed the final top-line analysis. The results showed that the event-free survival (EFS) of the experimental group was significantly better than that of the control group, achieving the primary endpoint of the study.
Ascentage Pharma
· China's First Domestically Developed Bcl-2 Inhibitor, Lisentux®, Prescribed for the First Time
On July 25, Ascentage Pharma announced that the first domestically produced original Bcl-2 inhibitor in China, Lisentux® (generic name: lisauxoclax; research code: APG-2575), has been prescribed for the first time in multiple locations across China today and officially began supplying in various provinces and cities.
Recently,Ascentage Pharma announced that the company has signed cooperation agreements with Sinopharm Group Co., Ltd. ("Sinopharm"), Shanghai Pharmaceuticals Holding Co., Ltd. ("Shanghai Pharma"), and China Resources Tianjin Pharmaceutical Co., Ltd. ("China Resources Tianjin") respectively. This collaboration aims to leverage the strengths of both parties in R&D innovation, market expansion, and channel management to jointly advance the first domestically produced original Bcl-2 inhibitor, Lishengtuo, which has been approved for marketing.®(General Name: Lisactopril) Commercialization Process.
Healthgen Biotech
· The authoritative international journal of hepatology, *Gut*, published a commentary on the significant clinical implications of Aofumin® in albumin therapy.
Recently,The official journal of the British Society of Gastroenterology:Gut》(Impact Factor 25.8) published a special commentary jointly written by Professor Rajiv Jalan from University College London and Professor Paolo Caraceni from the University of Bologna, focusing on the recombinant human albumin expressed in rice endosperm (Oufumin) developed by a Chinese team.®)ofⅡIn-depth analysis of clinical research in the period. The review is titled ""New Frontier in Albumin Replacement Therapy" Highlights Innovative Treatment That May Reshape the Landscape of Albumin Therapy for Patients with Liver Cirrhosis.
Cloudbreak Pharma
· CBT-004 Phase II Clinical Trial for the Treatment of Vascularized Pterygium Shows Positive Results
Recently, Cloudbreak Pharma announced its evaluationCBT-004Positive Topline Results Announced from Phase II Clinical Trial of Ophthalmic Solution for Vascularized Pinguecula and Related Conjunctival Hyperemia.
Key Results of Phase II Clinical Trials:
Achieve the primary endpoint:The independent imaging center showed through digital imaging evaluation that, in the28Days, two test concentrations ofCBT-004Compared with the solvent control group, conjunctival congestion was significantly improved in a statistically significant manner.
Rapid onset and long-lasting efficacy:The highest concentration testedCBT-004As early as the7Significant improvement was observed in days, and the benefits lasted throughout the entire period.28Days of treatment.
Significant relief of symptoms:Two concentrations ofCBT-004In the patient reports5A common symptom (including burning/Stinging, itching, foreign body sensation, ocular discomfort, and pain all showed statistically significant improvement, superior to the vehicle control group.
Excellent Safety:No treatment-related adverse events were observed. Most adverse events were mild to moderate. No clinically significant changes in vision or intraocular pressure were reported.
Xuanzhu Biotech
· Piroxelisib Tablets (Xuanyuenning®) Launched Nationwide in China, Opening a New Era in the Treatment of Advanced HR+/HER2- Breast Cancer
Recently, the first batch of commercial products of Xuanzhu Biotech's self-developed Class 1 innovative drug, Piroxelisib Tablets (Xuanyuenin®), has successfully completed production packaging and quality release at Asymchem Group. This marks the official entry into the commercial supply phase for this strategic innovative drug, which is included in the "National Key R&D Program for New Drug Creation during the 13th Five-Year Plan." As a significant breakthrough in China’s breast cancer treatment field, this drug will provide better treatment options for patients with HR+HER2- advanced breast cancer.
Recently,Xuanzhu Biotech's Class 1 innovative drug — Piroxelisib Tablets (Xuanyuenning)®), as the first and currently only CDK4/6 inhibitor in China for monotherapy in HR+/HER2- breast cancer treatment, has now completed its initial nationwide drug supply, with the first prescriptions already issued at multiple hospitals for clinical treatment. This marks a new era of "high efficacy, low toxicity, and single-agent breakthrough" in the treatment of advanced breast cancer in China, offering a new therapeutic option for breast cancer patients.
On July 30, the Phase III clinical study (CTR20252165) for the treatment of reflux esophagitis with Anaila Sodium Enteric-coated Tablets, a Class 1 new drug independently developed by Xuanzhu Biotech, completed the enrollment of the first subject at the Second Affiliated Hospital of Wenzhou Medical University. This marks a significant milestone in the development progress of Anaila Sodium, moving one step closer to providing a better treatment option for the large population of patients with reflux esophagitis in China.
Frontier Biotech
· Research Results of Aikening® 4-Week Regimen Combined with Dolutegravir Presented at the 13th IAS Conference on HIV Science
03
Approval Status of New Drugs and Devices from Invested Companies
Healthgen Biotech
· World's First "Rice Blood Production" Technology! Healthgen Biotech’s Plant-Derived Recombinant Human Serum Albumin Injection Approved for Marketing
InSight Lifetech
· China's First Domestically Produced Peripheral IVUS Catheter Approved
TingSheng Technology
· FDA Certification Finalized | TingSheng Technology Launches Global Journey for China-Made Intracardiac Ultrasound
Recently,TingSheng Technology's self-developed Intracardiac Echocardiography (ICE) Diagnostic System successfully passed the approval of the U.S. Food and Drug Administration (FDA), K-number: K250913.This breakthrough progressThis development not only marks the first time that China's high-end cardiac interventional imaging equipment has entered the world's top medical market but also signifies a leapfrog advancement in this field, transitioning from "complete reliance on imports" to "domestic reverse export."A New Milestone for the Internationalization of China's Medical Device Industry
Westlake Omics
· Westlake Omics' Self-Developed World's First Low-Resolution Clinical Proteomics Diagnostic Product Approved
Recently,West Lake Omics' Self-Developed World's First Low-Resolution Clinical Protein Spectrum Diagnostic Product Approved.
Xuanyu Medical
· Cardiac Pulsed Field Ablation System Grandly Launched
Recently, the RhythPulse®-PFA System by Xuanyu Medical has been grandly launched. It is the first approved Pulse Field Ablation (PFA) system in China that integrates multi-channel, large focal, and targeted ablation, mainly used for treating drug-refractory and recurrent atrial fibrillation and other types of rapid arrhythmias.
Ascentage Pharma
· First in China! Ascentage Pharma's Self-Developed Bcl-2 Inhibitor Officially Approved for Marketing
On July 10, Ascentage Pharma officially announced that APG-2575 (generic name: lisaftoclax), a novel selective Bcl-2 inhibitor independently developed by the company, has successfully received conditional approval for marketing from the National Medical Products Administration (NMPA) of China. It is indicated for adult patients with chronic lymphocytic leukemia/small lymphocytic lymphoma (CLL/SLL) who have previously received at least one systemic treatment, including a Bruton's tyrosine kinase (BTK) inhibitor.
· China's First Original Bcl-2 Inhibitor Developed Independently——Leeshatoclax (Lishengtuo®) Approved for Marketing
Recently, Ascentage Pharma's self-developed first original Bcl-2 inhibitor in China – Lisentux® (Lisatoxclar) has been approved for marketing. This means that patients with chronic lymphocytic leukemia/small lymphocytic lymphoma (CLL/SLL) in China have a new powerful treatment option, marking a significant milestone in the development of innovative drugs in China.
Microchip Biotech
· MicroCore Biotech's Brain-Penetrant Aurora B Selective Inhibitor CS231295 Tablets Granted FDA Approval for U.S. IND
Huahao Zhongtian
· First Patient Enrolled in Phase III Clinical Trial of Utidelone Capsules for Adjuvant Treatment of Triple-Negative Breast Cancer
On July 14, Beijing Huahao Zhongtian announced that the "Multicenter, Open-label, Randomized, Controlled Phase III Clinical Trial of Utidelone Capsules (UTD2) in Combination with Capecitabine versus Capecitabine Monotherapy as Adjuvant Treatment for Triple-Negative Early Breast Cancer Patients Who Did Not Achieve Pathological Complete Response After Neoadjuvant Therapy" (NCT07021261) successfully administered the first patient.
Pumen Technology
· Heavyweight Launch of Electronic Cystoscopic Nephroscope
Promed Technology's Electronic Cystoscope and Pyeloscope Officially Released: The Insertion Tube is Made of 5-Layer Composite Material, with a Sapphire Lens to Reduce Equipment Replacement Frequency, Lowering Department Operation and Maintenance Costs, Providing Reliable Support for High-Intensity Diagnostic and Treatment Scenarios.
04
Honors of Invested Enterprises
Joining HaoyueResourcesThis【Best Innovative Medical Device Company of the Year】
· Core Medical, Nollet Biotech, InnoMed
Selected for Haoyue CapitalThis【Best Innovative Pharmaceutical Company of the Year】
· Westlake Biotech
Selected for the Securities Times[High-Growth Enterprises of 2025]】
· InSight Lifetech, Imagic Medical
Selected by the Hubei Provincial Intellectual Property Administration[Silver Award Winners of the Second Hubei Provincial Patent Award]】
· Zhongmou Therapeutics
Selected for CFS【2025 Outstanding Medical Science and Technology Innovation Award】
· InSight LifetechWeimai Medical
Selected for the China Securities Journal【Golden Bull Science and Innovation Enterprise Award】
· Chunjun New Materials
Selected for the CVSource "Sharp Company 100 List"
· Innolook
Included in the Great Wall Strategy Consulting [2024 GEI China Unicorn Enterprise List]
· TrinomabTrinomab,Jiyin Biotech,InSight Lifetech
Selected as a [2025 "Gazelle Elite" Enterprise] in China's Optics Valley
· Huiguan Biotech
Selected for the 2025 European Society of Cardiology Congress[Late-Breaking Clinical Trials] List】
· InSight Lifetech "Original Nanosecond PFA Technology"
Selected for the 10th "Maker China" and "Zhejiang Good Projects"[2025 Maker China Hangzhou Biopharmaceuticals Special Session Champion]】
·Andao Pharmaceuticals“AND017 First-in-Class Pan-Anemia Therapy Hemoglobin Elevating Agent (HbEA)
Selected for CFS【Outstanding Biomedical Innovation Leadership Award】
· Kaituo Biotech
CEOWang Xiao SelectedCFS【【Innovative Figures in Medical Health】
Selected as one of the Innovative Leading Enterprises in the AI + Healthcare Field for the 2024-2025 Period by Rongzhong
· Weimai Medical
CEO YangCongratulations on being selectedCFS【2025 Technology【Innovative Influential Figures】
Selected for the 2025 World Artificial Intelligence Conference [2025 Healthcare Sustainable Innovation Case Recommendation List]
· Harbour BioMed
05
Yifeng Honor
06
Yifeng Article Sharing of This Month
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Recommended Reading
✦
Cloudbreak Pharma Hong Kong Main Board IPO
Healthgen Biotech Hong Kong Main Board IPO
Quanxin Biotech Hong Kong Main Board IPO
Against the Current, Moving Forward with Time
3D Medicines Hong Kong Main Board IPO
Healthgen Biotech's STAR Market IPO
A Decade of Honing the Sword - Sharpness Guaranteed Upon Unsheathing
Athena Med's STAR Market IPO

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