 Home > Medical News > Latest Medical News > Huadong Medicine awarded South Korean company Daewon company oral small molecule GLP-1R agonist development rights

Huadong Medicine awarded South Korean company Daewon company oral small molecule GLP-1R agonist development rights

 Last Update: 2021-10-10
 Source: Internet
 Author: User

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On September 29, Huadong Pharmaceutical announced that its wholly-owned subsidiary Hangzhou Sino-American Huadong Pharmaceutical Co.

TTP273 is an oral small molecule non-peptide GLP-1 receptor agonist for the treatment of type 2 diabetes

According to the agreement, Huadong Medicine will receive a down payment of US$1.

Huadong Medicine is currently conducting Phase 2 clinical trials of TTP273 in China and Taiwan

Huadong Medicine and Daewon will jointly establish a joint steering committee.

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