Aerocrine’s Niox approved in China
Niox is used for managing airway inflammation by measuring exhaled nitric oxide (NO) levels. Aerocrine and Bioson entered into collaboration in 2004 for distributing Niox in the Chinese
Biologics contract development and manufacturing organisation (CDMO) AsymBio is set to secure 1.2397bn yuan (approximately $184m) from Asymchem Group, Hillhouse Qirui and other investors to support its long-term growth.