Sunway and Genzyme to Collaborate on Gene Therapy
Aggregated Source: Seeking Alpha China stocks
October 26, 2007|
Sunway Biotech Co. Ltd. of Shanghai will collaborate with Genzyme (NSDQ: GENZ) on the experimental gene therapy drug Ad2/HIF-1a, a drug that seeks to grow new blood vessels in patients with peripheral arterial disease. Sunway will manufacture the drug in China and undertake the trials necessary to win marketing approval in China from the SFDA. Genzyme is already testing Ad2/HIF-1a in Phase II trials in the US and Europe.
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