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Japan-based Eisai (TYO: 4523) announced a strategic decision to transfer the rights of its proton pump inhibitor (PPI) Pariet (rabeprazole) in China to Peak Pharmaceutical, a company controlled by CBC Group. Pariet’s Market PresencePariet, with rabeprazole as its active ingredient, has been a leading prescription drug for gastrointestinal disorders such…
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Shandong Xinhua Pharmaceutical Co., Ltd, a Chinese pharmaceutical company listed in Shenzhen (SHE: 000756), has declared the successful completion of a Phase I clinical trial for its OAB-14 drug candidate in a dry suspension formulation. Following the positive outcome, the company is now gearing up to initiate a Phase IIa…
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China-based Shandong Xinhua Pharmaceutical Co., Ltd (SHE: 000756) has announced receiving approval from the National Medical Products Administration (NMPA) to initiate a Phase I clinical study of its innovative Alzheimer’s disease (AD) drug, OAB-14. The study will assess the safety and tolerability, pharmacokinetics, pharmacodynamics, and food effects of OAB-14 in…
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A strategic partnership between China-based Shandong Xinhua Pharmaceutical Co., Ltd (HKG: 0719) and Bayer Consumer Care AG was unveiled at the 5th China International Import Expo (CIIE) meeting. The collaboration aims to leverage the respective strengths of both companies to construct new mechanisms of cooperation in the medical and healthcare…
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China-based Shandong Xinhua Pharmaceutical Co., Ltd (HKG: 0719) has signed a technology transfer agreement with the Institute of Materia Medica (IMM) of the Chinese Academy of Medical Science (CAMS) regarding LXH-2201. LXH-2201 is a Category 1 drug being developed to treat cardiovascular diseases and has completed both pre-clinical and Phase…