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Dendreon: Another bad year for the Seattle biotech company whose stock lost nearly a third of its value. The maker of prostate cancer treatments sold its New Jersey manufacturing facility and posted a 5 million net loss during the third quarter.?“With our restructuring on track, we believe we are in a strong financial position and are looking to the future as we meet the growing interest for Provenge in the marketplace,” said CEO John Johnson in a statement at the time of the third quarter earnings report.

Despite being involved in several criminal cases, the company's recent profits have not been affected. Instead, it rose rapidly, especially after it went public on the Shenzhen Stock Exchange.

Describing China's story in the foreword to his new book, Wood says "there are few, if any, narratives as compelling, exciting and important in all of human history".

Denmark's biopharmaceutical company Novo Nordisk signs a strategic cooperation framework agreement to set up a new entity in the Lingang Area, a section of the China (Shanghai) Pilot Free Trade Zone, at the China International Import Expo on Saturday. [Photo provided to chinadaily.com.cn]

Despite the governance problems, the operation of the three companies has been stable with risk control indicators complying with regulations, the commission said.