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Junshi Bio will establish a joint venture company for the development of innovative mRNA drugs and vaccines

 Last Update: 2021-09-06
 Source: Internet
 Author: User

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On July 19, Junshi Bio and Jiachen Xihai announced that the two parties will jointly establish a joint venture company to jointly develop and commercialize tumors, infectious diseases, rare diseases and other diseases based on the mRNA technology platform and other technology platforms on a global scale New drug project

According to the cooperation agreement, Junshi Bio will inject no more than 799 million yuan in cash to the joint venture company.

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