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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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AI-First, Big Pharma, Chinese Firms In Race - What’s Ahead For PRMT5 Inhibitors

 
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More from Focus On Asia

Multiple Factors Driving Japan’s Pioneering Angiosarcoma Pipeline

 
• By Lisa Takagi

Japan has emerged as a global leader in the development of new drugs for the rare cancer angiosarcoma, reflecting its rapidly ageing population and the limitations of current therapies.

Chinese Biotechs Raise New Funds On Potential First-In-Class Assets

 
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Cipla Revs Up Biosimilars Engine Amid Winds Of Regulatory Change

 
• By Anju Ghangurde

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