CSPC Subsidiary Won the First Prize of Provincial Science and Technology Progress Award

Recently, the website of Shandong Provincial People's Government issued the Decision of Shandong Provincial People's Government on Shandong Provincial Science and Technology Awards in 2023. The document announces the list of individual/organization winners of the 2023 Provincial Science and Technology Supreme Award, Provincial Science and Technology Youth Award, Provincial Natural Science Award, Provincial Technology Invention Award, Provincial Science and Technology Progress Award, and Provincial International Science and Technology Cooperation Award. Among them, the "Research and Application Transformation of Key Technologies for Precision Diagnosis and Treatment System for Airway Inflammatory Diseases" applied by CSPC Baike (Shandong) Biopharmaceutical Co., Ltd. ("CSPC Baike"), a subsidiary of CSPC, won the First Prize of 2023 Shandong Provincial Science and Technology Progress Award. Following Jinyouli in 2019, we won this highest honor in the field of science and technology in Shandong again.

In the aformentioned project, CSPC Baike is mainly responsible for the clinical study related to Omalizumab Injection. Omalizumab Injection is an IgE-targeted biological agent developed by CSPC. It can precisely bind and block IgE, blocking the release of a series of inflammatory factors including histamine, thus preventing allergic reactions. It can be used for the treatment of asthma, urticaria, and other diseases.

By now, CSPC Baike has completed pharmaceutical research, non-clinical study, clinical pharmacokinetics, and clinical safety and effectiveness research of the Omalizumab Injection. Omalizumab Injection obtained approval notices for clinical trials of drugs for asthma and urticaria indications in 2020. In June 2023, CSPC submitted a New Drug Application for this product. In 2023, after application by CSPC Baike and all participants, recommendation by the Yantai Municipal Science and Technology Bureau, review by the Provincial Science and Technology Awards Review Committee, approval by the Provincial Science and Technology Awards Committee, review by the Provincial Department of Science and Technology, and decision by the provincial government, the project finally won this great honor.