{"id":9925,"date":"2024-01-12T22:02:00","date_gmt":"2024-01-12T14:02:00","guid":{"rendered":"https:\/\/flcube.com\/?p=9925"},"modified":"2024-11-29T16:59:37","modified_gmt":"2024-11-29T08:59:37","slug":"ji-xing-pharmaceuticals-secures-licensing-rights-for-biogens-biib131-in-stroke-treatment","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=9925","title":{"rendered":"CORXEL Secures Licensing Rights for Biogen&#8217;s BIIB131 in Stroke Treatment"},"content":{"rendered":"\n<p>Shanghai-based CORXEL, formerly known as Ji Xing Pharmaceuticals, supported by RTW Investments, has secured a licensing agreement with Biogen (<a href=\"https:\/\/www.google.com\/finance\/quote\/BIIB:NASDAQ\">NASDAQ: BIIB<\/a>) for the global clinical development rights to the US company\u2019s pipeline candidate BIIB131. The terms of the deal include an undisclosed upfront payment, milestone payments, and royalties on future global sales.<\/p>\n\n\n\n<p>BIIB131 is being developed as a therapy for acute ischemic stroke (AIS), designed to extend the treatment window by restoring critical blood flow post-stroke, thereby enabling more patients to access current standard treatments. A Phase II study conducted in Japan demonstrated that patients receiving BIIB131 exhibited significant improvements in clinical efficacy after 90 days compared to those on placebo, particularly among patients with minimal or no neurological deficits.<a href=\"https:\/\/flcube.com\">-Fineline Info &amp; Tech<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shanghai-based CORXEL, formerly known as Ji Xing Pharmaceuticals, supported by RTW Investments, has secured a&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAownpewDA:productID":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7,10],"tags":[351,30,2471,141,993],"class_list":["post-9925","post","type-post","status-publish","format-standard","hentry","category-company","category-deals","tag-biogen","tag-biotech","tag-corxel-pharmaceuticals","tag-ji-xing-pharmaceuticals","tag-nasdaq-biib"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.6 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CORXEL Secures Licensing Rights for Biogen&#039;s BIIB131 in Stroke Treatment - Insight, China&#039;s Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"Shanghai-based CORXEL, formerly known as Ji Xing Pharmaceuticals, supported by RTW Investments, has secured a licensing agreement with Biogen (NASDAQ: BIIB) for the global clinical development rights to the US company\u2019s pipeline candidate BIIB131. 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