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On June 30, Tonghua Dongbao announced that its subsidiary Dongbao Zixing and WuXi AppTec signed two Class 1 new drug technology transfer contracts for the treatment of gout (hyperuricemia), and obtained THDB130/THDB131 and THDB150/ THDB151 has the global intellectual property rights and related interests of the products of the two projects, and is responsible for the follow-up clinical development, production and commercialization activities of the products of this project according to the agreement between the two parties
In this cooperation, Dongbao will pay WuXi AppTec two patent transfer fees and IND development stage technology transfer fees totaling RMB 70 million.
Currently, THDB130/THDB131 has been completed by WuXi AppTec for pre-clinical research and development activities.
In recent years, China's hyperuricemia has shown a significant increase and a younger trend
The introduction of THDB130/THDB131 by Tonghua Dongbao is expected to provide a safer and more effective treatment plan for patients with gout; and THDB150/THDB151 can inhibit xanthine oxidase and reduce the production of uric acid from the source because of its special advantages in mechanism.
Dongbao Zixing is a wholly-owned subsidiary of Tonghua Dongbao.
Since its establishment, Dongbao has accelerated the introduction and development of innovative drugs.
Note: The original text has been deleted