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On March 29, Liantuo Biotech reached a strategic cooperation with Tarsus Pharmaceuticals (NSDQ: TARS) to develop and commercialize TP-03 in Greater China (Mainland China, Hong Kong, Macao and Taiwan).
TP-03 is a potent non-competitive antagonist of gamma-aminobutyric acid gated chloride channel (GABA-Cl) in insects and arachnids.