Please login to the form below

Not currently logged in
Email:
Password:

Covance and Sihuan Pharma partner on portfolio development

Will collaborate on preclinical and clinical stages

Covance 

LabCorp's Covance and Shandon XuanZhu, a subsidiary of Chinese R&D firm Sihuan Pharmaceutical, have announced a partnership on preclinical and clinical portfolio development.

As part of the alliance, Covance will support the global development of Sihuan Pharmaceutical's drug candidate pipeline, which consists of multiple compounds that address unmet needs across therapeutics areas including cardiovascular, metabolic, infectious disease, oncology and urology.

Honggang Bi, corporate VP and general manager of China at Covance, said: “This agreement is the first of its kind signed with a partner in the Asia Pacific region, and Covance looks forward to collaborating with Sihuan Pharmaceutical in its efforts to potentially bring global filing strategies to realisation.” 

“With multiple compounds in its development pipeline, Sihuan Pharmaceutical is a promising pharmaceutical company to watch for groundbreaking new therapies.”

Specifically, Sihuan will be provided with drug development and regulatory expertise, particularly in efforts to achieve dual or multiple filings for regulatory approvals such as investigational new drug (IND) applications and new drug applications (NDA) in China and internationally.

Dr Frank Wu, chief scientific officer of Sihuan Pharmaceutical, commented: “The partnership is another milestone for our international collaboration and R&D team, which will enable us to accelerate the development of our pipeline, in turn helping to bring treatments to multiple markets faster, a key point of differentiation in the Chinese pharmaceutical industry.”

LabCorp announced the acquisition of full-service drug development firm Covance last November, with the deal being valued at $5.6bn.

Article by
Kirstie Pickering

2nd April 2015

From: Research

Share

Tags

Featured jobs

Subscribe to our email news alerts

PMHub

Add my company
Makara Health

Independent healthcare communications agency with a passion to develop inspirational ideas that create sustained and positive change. Whether it is...

Latest intelligence

Playing Mind Games
To give a brief strong direction, we need to ascertain how the brand intends to win attention, how it will engage, what its call to action will be and how...
PM Society Digital Award Finalists
P&P are shortlisted for the ‘Craft in Film’ category at this year’s PM Society Digital Awards...
The Exhibition Hall: Past, Present and Future
As I sit here at another pharma conference, I start to reflect on how they have changed over the years....

Infographics