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04.01.26 - 03:06
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MindRank in Phase 3 trial with China′s first AI-assisted new drug, cutting R&D costs by 60% (SCMP)
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Hangzhou-based biotech start-up MindRank has progressed to Phase 3 clinical trials for its weight-loss drug, making it China's first artificial intelligence-assisted Category 1 new drug to reach this stage.
MindRank announced last month that it had initiated a Phase 3 clinical trial in China for MDR-001, a small molecule GLP-1 receptor agonists designed with the help of AI. GLP-1 receptor agonists mimic natural hormones to regulate blood sugar and appetite.
According to Niu Zhangming, MindRank's......
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04.01.26 - 02:06
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Coal Remains King In India While Exports Optimize Domestic Stock (ZeroHedge)
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Coal Remains King In India While Exports Optimize Domestic Stock
By Tsvetana Paraskova of OilPrice.com,
Coal India Limited, the biggest coal producer in the world's second-biggest coal user, opened this year its online coal supply auctions directly to buyers in Bangladesh, Bhutan, and Nepal, as Indian coal supply has swelled amid weaker-than-expected demand in recent months.
Amid an oversupply of coal and weaker demand, India and its top state coal producer are looking to optimize domestic supply and monetize exports to neighboring countries.
Until 2026, only middlemen could bid in Coal India's online supply auctions. This has now changed with the new policy.
“In a first, effective January 1, 2026, CIL has permitted coal consumers located in the neighbouring countries like Bangladesh, Bhutan and Nepal, who wish to import coal from India, to directly participate in the Single Window Mode Agnostic (SWMA) auctions conducted by the company,” Coal India said in a statement on Friday, as c...
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04.01.26 - 02:06
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Weak year-end sales cloud China′s EV outlook, keeping price-war fears alive (SCMP)
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Lacklustre sales at the end of 2025 will bode ill for the Chinese electric vehicle (EV) market this year, with low-priced carmakers under pressure to offer further price cuts amid an adjusted trade-in subsidy mechanism.
A bleak outlook could also prompt authorities to rein in a discount war as few assemblers are able to post profits.
“As deliveries failed to live up to expectations, all major players would have to slash prices of their vehicles to reduce their inventories at the beginning of......
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