SciClone Pharmaceuticals (Holdings) Limited (6600.HK) develops and commercializes biopharmaceutical products focused on oncology and severe infectious diseases in China and internationally. Founded in 1990 and headquartered in Shanghai, China, the company offers a portfolio of marketed products including its proprietary Zadaxin (thymalfasin) for chronic hepatitis B treatment; in-licensed Zometa for bone metastases and hypercalcemia of malignancy; DANYELZA for relapsed/refractory high-risk neuroblastoma; Oravig, Angiomax, Endoxan, Holoxan, Cytosafe, Farlutal, Campto and Vizimpro for oncology and related indications; as well as pipeline candidates such as PT-112, RRx-001, PEN-866, ORSERDU, Vaborem, Vibativ and Omburtamab. It sells these proprietary, in-licensed and promoted products through distributors to hospitals and pharmacies, primarily targeting the Chinese market with operations emphasizing innovation-driven growth. Recent developments include a strategic partnership with Tigermed in December 2021 to accelerate clinical research and development of innovative drugs; accelerated transformation to an innovation-driven model following its 2021 Hong Kong listing; a solo take-private transaction in 2024 by GL Capital at approximately USD 1.5 billion market capitalization; and in 2025, a USD 240 million continuation vehicle led by Abu Dhabi Investment Authority (ADIA) advised by Rede Partners, enabling GL Capital to retain control while pursuing commercial scaling, pipeline advancement and selective business development in immunity, oncology and infectious diseases.