Market Flash

BridgeBio Pharma announced today that it has entered into an agreement with Bristol-Myers Squibb to co-develop and commercialize a potential "best-in-class" SHP2 inhibitor, BBP-398, in oncology.

• BMS
• Inhibitors

From soaring 950% to the ton price continued to drop over 10,000 yuan, the popular lithium carbonate once again attracted public attention.

• chemical price

The domestic PTA market rose significantly. As of May 12, the average domestic PTA market price in East China was 6,636 CNY/ton, an increase of 2.85% over the previous trading day and a year-on-year increase of 36.81%.

• PTA

According to the PDB drug comprehensive database, the total sales of the sample hospital market in 2021 will reach 235.7 billion yuan, of which about 100 varieties have newly entered the market

• new drug
• Cyclopofol
• Initumumab

The incidence of diabetes continues to increase and shows a trend of younger age.

• Diabetes drug

On May 12, Wantai Bio announced that the bivalent HPV vaccine was approved for marketing in Morocco. It is worth mentioning that this approval is the first overseas marketing license for Wantai Bio’s bivalent HPV vaccine.

• HPV vaccine
• Morocco

In the context of the global energy crisis, the news of the "cut of supply" of chemical giants such as BASF and Dow has aroused market attention.

• energy crisis
• HPPO
• BASF
• Polyurethanes

Data from the supply chain platform shows that between Weeks 17 and 23, THE Alliance will cancel 33% of its scheduled Asia sailings, Ocean Alliance will cancel 37%, and 2M Alliance will cancel 39% of the first sailings.

• shipping
• cargo

According to the national PPI (Industrial Producer Price Index) data for April 2022 released by the National Bureau of Statistics on May 11

• chemical
• statistics

Galactomannan is a prebiotic with high solubility, high stability, and can be highly fermented and utilized by intestinal flora obtained after hydrolysis of guar beans as raw material.

• Galactomannan
• Dietary Fiber

According to the PDB drug comprehensive database, the total sales of the sample hospital market in 2021 will reach 235.7 billion yuan

• new drug
• Cyclopofol
• Vinekla
• Sinemode

Carbon neutrality is a relatively certain development trend in China's chemical industry in the future. Under the development trend of carbon peaking and carbon neutrality

• carbon neutral

On May 1, the average domestic liquid caprolactam market price was 13,483 CNY/ton, and on May 9, the average domestic liquid caprolactam market price was 13,966 CNY/ton. Caprolactam prices rose 3.58% this week.

• Caprolactam

On May 10, at the press conference of the National Development and Reform Commission on the "14th Five-Year Plan for Bioeconomic Development"

• Pharmaceutical industry

On 30 January 2022, the Ministry of Industry and Information Technology, the National Development and Reform Commission, the Ministry of Science and Technology and nine other departments jointly released the "14th Five-Year Plan" for the develop

• Pharmaceutical
• Health
• pharmaceutical innovation
• special report

The Asian ethylene and propylene market is entering a bearish period under the dual pressure of high energy prices and a surge in new capacity

• Olefins
• ethylene
• energy

At present, the vast majority of new crown vaccination methods are intramuscular injection.

• oral COVID-19 vaccine

Recently, Amylyx announced the results of the long-term survival analysis of AMX0035 in the treatment of amyotrophic lateral sclerosis (ALS) phase 2 CENTAUR trial adjusted for placebo crossover.

• Amylyx
• ALS drug

According to statistics, there are 5 kinds of commodities in the rubber and plastics sector that have increased month-on-month in the list of commodity prices in April

• EVA
• Nitrile rubber
• HDPE

Americas Styrenics (AmSty), a major North American polystyrene (PS) producer, said on Tuesday that it is conducting a distribution process for its polystyrene products in light of recent production issues and supply chain challenges.

• BASF
• Dow
• polystyrene