Pfizer Signs MOU With Wuhan To Establish First R&D Center In Midwest China; Ranks Number One In China
SHANGHAI - Pfizer is expanding its presence in central and Western China, having signed a memorandum of understanding with Wuhan National Bioindustry Base Construction and Management Office Nov. 25 to establish a new R&D site in the National Bioindustry Base Biolake in Wuhan, the province capital of Hubei
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CEO Paul Stoffels said gaining US clearance for an IND for its novel CAR-T product was demanding, but now opens up a pathway towards a pivotal study starting in 2025.
A final rejection of Leqembi could also spell the same fate for Lilly’s rival drug but public outcry and demand for Alzheimer’s therapies might force the regulator’s hand
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Pipeline Watch is a weekly snapshot of selected late-stage clinical trial events and approvals announced by pharmaceutical and biotech companies at medical and industry conferences, in financial and company presentations, and in company releases and statements.