Beijing Centergate Technologies (Holding) Co., Ltd (CENTEK, SHE: 000931), a pharmaceutical manufacturing company in China, has entered into a strategic partnership with Bestcomm Pharmaceutical Co., Ltd. The collaboration aims to leverage their combined expertise in various therapeutic areas, including cardiovascular, anesthesia, neurological, gynecological, digestive, skin, and respiratory medicine. Financial details of the agreement have not been disclosed.
Under the terms of the partnership, Bestcomm will take the lead on research and regulatory filings for the cooperative products, covering all associated expenses until the drug registration certificate is obtained. Following the completion of amplification and verification processes at CENTEK’s facilities, CENTEK will have the priority right to become the marketing authorization holder for the collaborative products, with a separate agreement to be established for this arrangement.
CENTEK, a pharmaceutical manufacturing company under the umbrella of Gome, a major home appliance manufacturer in China, is focused on the production of pharmaceuticals. Bestcomm, established in August 2000, is known for its comprehensive capabilities in API and formulation pharmaceutical research and development, pilot production, and manufacturing, as well as BE testing. – Flcube.com
