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China approves 38 globally new innovative drugs in first half of 2026

China

China

China

China approves 38 globally new innovative drugs in first half of 2026

2026-07-14 17:05 Last Updated At:19:27

China approved the market launch of 38 innovative drugs classified as "Class 1" medication, which refers to innovative drugs that have not previously been marketed in China or abroad, in the first half of 2026, the National Medical Products Administration (NMPA) said on Monday.

"By the end of June this year, the NMPA had approved 2,318 drug registration applications, including 38 'globally new' innovative drugs," said Lan Gongtao, deputy director of the Department of Drug Registration Management of the NMPA.

According to the NMPA, the number of innovative drugs featuring new targets and new mechanisms approved in China in the first half of this year has already reached the total amount for the entire year of 2025, with the proportion of domestically developed innovative drugs with new targets and new mechanisms increasing significantly, showcasing better quality and efficiency in China's drug research and development.

"In 2025, only four of the 11 drugs featuring new targets and new mechanisms approved in China are domestically developed innovative drugs, accounting for less than half. However, all 11 such drugs approved in the first half of this year are domestically developed innovative drugs," said Lan.

"The 11 drugs featuring new targets and new mechanisms include China's first independently developed diagnostic radiopharmaceuticals, the world's first antibody-drug conjugate for the treatment of nasopharyngeal cancer, and the world's first CAR-T (Chimeric Antigen Receptor T-Cell) therapy for solid tumors," said Yuan Lijia, deputy director of the business management division of the Center for Drug Evaluation under NMPA.

In another sign of growing global recognition, a Chinese-developed intravenous anesthetic independently received approval of the U.S. Food and Drug Administration (FDA) on June 1. It was approved for market launch in China in December 2020.

China approves 38 globally new innovative drugs in first half of 2026

China approves 38 globally new innovative drugs in first half of 2026

Tokyo stocks ended higher on Tuesday, buoyed by bargain-hunting in some heavyweight technology shares.

The benchmark 225-issue Nikkei Stock Average ended up 500.77 points, or 0.74 percent, from Monday at 67,743.50.

The broader Topix index finished 31.49 points, or 0.79 percent, higher at 4,038.98. On the top-tier Prime Market, mining, marine transportation, and chemical issues were notable gainers.

The market swung between gains and losses amid growing concern over oil supplies after U.S. President Donald Trump said Washington was reinstating a naval blockade on Iran in the Strait of Hormuz.

Analysts said persistent uncertainty surrounding the Middle East conflict, coupled with higher oil prices, is keeping investors cautious.

Heavyweight semiconductor and artificial intelligence-related shares initially tracked overnight losses on Wall Street, dragging the Nikkei index down by nearly 1,000 points at one stage.

However, bargain-hunting emerged following recent declines, lifting the market to end in positive territory.

Tokyo stocks end higher on dip buying of tech shares

Tokyo stocks end higher on dip buying of tech shares

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