Beijing Bohui Innovation Biotechnology Group Co., Ltd. (SHA: 300318), a leading biopharmaceutical company in China, has announced an agreement with BOAOVAX to terminate their collaborative efforts on the development of a freeze-dried human rabies vaccine cultivated using serum-free Vero cells. As per the agreement, all clinical trials related to the product will be discontinued, and BOAOVAX will compensate Bohui Innovation with a payment of RMB 18 million. The two companies initially joined forces in January 2020 with the aim of advancing this vaccine candidate.- Flcube.com
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