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Life After Pfizer: MicuRx Forms JV To Develop Antibiotics In China

 
• By Jialing Dai

The JV with Shanghai Zhangjiang Biomedical Industry Venture Capital will fund the development and commercialization of MicuRx’s novel antibiotic MRX-I for the Chinese market.

SHANGHAI – The U.S. and China hybrid startup MicuRx Pharmaceuticals Inc. announced Oct. 24 that it has formed a joint venture with Shanghai Zhangjiang Biomedical Industry Venture Capital (ZJVC) to develop its Phase II-ready novel antibiotic MRX-I in China.

Established in 2007 with $10 million in venture funding from Morningside Group, MicuRx focuses on discovering next-generation antibiotics through its...

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• By Dexter Jie Yan

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Innovent Builds Metabolic Pipeline While Retaining Oncology Backbone

 
• By Xu Hu

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More from Focus On Asia

Battle For Obesity Market Shifts Gears in India: Will Wegovy Trump Mounjaro?

 
• By Anju Ghangurde

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• By Jung Won Shin

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Chinese Developers Showcase Potentially Differentiated Weight Loss Assets At ADA

 
• By Xu Hu

Multiple Chinese firms presented at this year’s ADA meeting, with a focus on weight reduction efficacy for mostly early clinical stage assets. While limited information was given on lean mass preservation, several companies are progressing drugs and combos to address this need.