China's Henlius flaunts PD1 asset, challenging big pharma

22 December 2021

By Wang Fangqing

With the recent launch of the Avastin (bevacizumab) biosimilar in China, Henlius, the biotech arm of Fosun Pharma (HK: 02196), now has four biosimilars under its belt. However, the Shanghai-based firm is eager to shake off the image of a biosimilars supplier.

“Henlius is a biotech focusing on affordable innovation to meet unmet medical needs. We started from biosimilar, but now we are getting into the innovation stage,” Henlius chief executive Zhang Wenjie said at a press meeting held in Shanghai.

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