Newsgather

drug discovery

Steady10 stories7 sourcesLast updated: 13h ago

Latest Stories

China ranks third in global index for AI competitiveness in life sciences
NEWS
5/11/2026

China ranks third in global index for AI competitiveness in life sciences

China ranked third in a new global index measuring competitiveness in AI for biotechnology, healthcare and longevity, as the race to apply AI moves from chatbots and general-purpose models into regulated, data-heavy industries such as drug discovery, diagnostics and preventive medicine. The latest edition of the Global AI Competitiveness Index, released on Monday by Deep Knowledge Group, a consortium focused on deep-tech research, analytics and investment, ranked China behind only the US and UK...

S
SCMP Economy
ByteDance’s drug unit presents AI-designed therapies at global conferences
NEWS
5/2/2026

ByteDance’s drug unit presents AI-designed therapies at global conferences

ByteDance, the Chinese owner of TikTok, is pushing deeper into artificial intelligence with Anew Labs, a drug-discovery unit that has begun presenting its AI-designed therapies at international conferences. The unit – also known as Anew Therapeutics or ByteDance AI Drug Discovery – operates from Shanghai, Singapore and San Jose, California. Its official website listed 36 core members, as well as big names on its “scientific advisory board”: Liu Yongjun, former president of Innovent Biologics, Ji...

S
SCMP Economy
Five Biotech Firms Among Eight Chinese Companies Clearing Hong Kong Listing Hearings
Developing
Business·4/22/2026AI summary

Five Biotech Firms Among Eight Chinese Companies Clearing Hong Kong Listing Hearings

Eight mainland China-based companies, including five biotech firms, passed listing hearings on the Hong Kong stock market in April. Metis, founded in 2020 in Hangzhou, uses three proprietary AI platforms to design drug delivery systems. Its revenue surged to 105 million yuan in 2025 from 1.48 million yuan in 2024, while net loss narrowed to 391.8 million yuan. Its leading drug candidate MTS-004 for pseudobulbar affect has completed phase three trials.

S
SCMP Economy