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China Regulatory Changes Benefit Lee/RegeneRx Ophthalmic Alliance

 
• By Ying Huang

China’s allowance of early clinical trials for drugs sourced outside of the country will help domestic companies develop innovative drugs for the domestic market, as shown by the licensing deal between Lee’s Pharma and RegeneRx for a dry eye syndrome treatment. With the China xerophthalmia segment showing rapid growth, the country may eventually become one of the biggest markets in the world for RGN-259.

SHANGHAI - Hong Kong-listed Lee's Pharmaceutical Holdings Ltd. and its US partner RegeneRx Biopharmaceuticals Inc. are set to benefit from China’s new rules for conducting early phases of clinical trials to accelerate the development of a dry eye syndrome treatment in the country.

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