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Huapont Taps US Partner To Ride China Precision Medicine Wave

 
• By Ying Huang

2016 is the year for precision medicine therapies to be included in China’s National Major Project for Innovation. Looking to seize market opportunity in the newly funded area, Huapont Life Sciences has linked up with and invested in a US bioventure partner for a gene therapy for refractory angina.

China globe

China-listed Huapont Life Sciences Co. Ltd. has inked an exclusive territorial distribution and license agreement with US strategic partner Angionetics Inc. to develop in China a gene therapy for refractory angina, taking advantage of catch-up opportunities under the country’s supportive regulatory environment for precision medicine, which entered the implementation phase this month.

The gene therapy, Generx (Ad5FGF-4), is a first-in-class one-dose candidate for the treatment of patients with myocardial ischemia and refractory...

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