Suanfarma Suanfarma

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[{"orgOrder":0,"company":"Wanbang Biopharmaceuticals","sponsor":"Regent Pacific","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":"CHINA","productType":"Small molecule","productStatus":"Approved","date":"December 2020","url1":"","url2":"","graph1":"Psychiatry\/Psychology","graph2":"Approved"},{"orgOrder":0,"company":"Wanbang Biopharmaceuticals","sponsor":"Sirona Biochem Corp","pharmaFlowCategory":"D","amount":"Undisclosed","upfrontCash":"Undisclosed","newsHeadline":"Sirona Biochem Signs International Partnership Agreement with Wanbang Biopharmaceuticals","therapeuticArea":"Endocrinology","highestDevelopmentStatus":"Preclinical","country":"CHINA","productType":"Large molecule","productStatus":"New Molecular Entity","date":"November 2022","url1":"","url2":"","graph1":"Endocrinology","graph2":"Preclinical"}]

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            Details:

            Under the agreement, Wanbang obtained the rights to develop the SGLT2 inhibitor, TFC-039 as a diabetes treatment in China and Sirona retained the global rights. SGLT2 inhibitors provide an opportunity to treat inflicted animals with an oral medication.

            Lead Product(s): TFC-039

            Therapeutic Area: Endocrinology Product Name: TFC-039

            Highest Development Status: Preclinical Product Type: Large molecule

            Recipient: Sirona Biochem Corp

            Deal Size: Undisclosed Upfront Cash: Undisclosed

            Deal Type: Partnership November 23, 2022

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            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

            Recipient: Regent Pacific

            Deal Size: $4.0 million Upfront Cash: Undisclosed

            Deal Type: Licensing Agreement December 02, 2020

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