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Ascent Pharmaceuticals and Cinda Biotech reached a strategic cooperation of US$245 million

 Last Update: 2021-08-03
 Source: Internet
 Author: User

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On the evening of July 14, Cinda Biological released an announcement stating that it will carry out a multi-level strategic cooperation with Yasheng Pharmaceutical to jointly commercialize the third-generation BCR-ABL inhibitor HQP1351 and provide the CD20 antibody Dabohua (rituximab).
Injection) and CD47 antibody IB188 (letaplimab) and Bcl-2 inhibitor APG-2575 for clinical development
.
In addition, in view of the growth potential of Yasheng Pharmaceutical, Cinda Bio will subscribe for new shares and warrants from Yasheng Pharmaceutical
.

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