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    [{"orgOrder":0,"company":"Regent Pacific","sponsor":"Wanbang Biopharmaceuticals","pharmaFlowCategory":"D","amount":"$4.0 million","upfrontCash":"Undisclosed","newsHeadline":"Regent Pacific's Strategic Partner Receives Approval from NMPA to Submit IND Application","therapeuticArea":"Psychiatry\/Psychology","highestDevelopmentStatus":"Approved","country":"HONG KONG","productType":"Small molecule","productStatus":"Approved","date":"December 2020","url1":"","url2":"","graph1":"Psychiatry\/Psychology","graph2":"Approved"}]

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              Regent Pacific's Strategic Partner Receives Approval from NMPA to Submit IND Application

              Details:

              Under the License Agreement Regent Pacific is now entitled to receive a payment of approximately HK$6.24 million from Wanbang Pharmaceutical, which is payable within 30 business days. NMPA will now formally review Senstend™ for Clinical Trial Approval.

              Lead Product(s): Lidocaine,Prilocaine

              Therapeutic Area: Psychiatry/Psychology Product Name: Senstend

              Highest Development Status: Approved Product Type: Small molecule

              Partner/Sponsor/Collaborator: Wanbang Biopharmaceuticals

              Deal Size: $4.0 million Upfront Cash: Undisclosed

              Deal Type: Licensing Agreement December 02, 2020

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