Biostar Pharma Accelerates Oncology Innovation Pipeline Development
BEIJING, CHINA, May 8, 2026 – Beijing Biostar Pharmaceuticals Co., Ltd. (2563.HK, "Biostar Pharma"), a biopharmaceutical company leveraging its synthetic biology R&D platform to develop innovative anticancer drugs with proprietary intellectual property, today announced that Baheal Pharmaceutical (301015.SZ) has subscribed to 25 million new shares issued by Biostar Pharma. Upon completion of the issuance, Biostar Pharma will receive HK$100 million in subscription proceeds, and Baheal Pharmaceutical will hold an aggregate of 29,170,800 shares, representing 7.49% of the Company's total share capital. The funds will be primarily utilized to accelerate the development of the antibody-drug conjugate (ADC) technology platform, drive the translation and international collaboration of innovative projects, and further strengthen Biostar Pharma's core competitiveness in the field of oncology drug discovery.Biostar Pharma is currently developing a proprietary ADC te...
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