RepliCel Life Sciences Inc (TSXV:RP)
RepliCel is a regenerative medicine company developing autologous cell therapies that address diseases caused by a deficit of healthy cells required for normal healing and function.
Fosun Pharma acquired China rights to an thrombocytopenia candidate from a subsidiary of Dova Pharma, AkaRx. Avatrombopag is an oral drug candidate for thrombocytopenia (low platelet count) in patients with chronic liver disease. In a US Phase III trial, avatrombopag met all primary endpoints, and Dova expects to hear whether the FDA will grant US approval of the drug by May 21, 2018 . The Fosun-Dova agreement includes an undisclosed upfront payment, milestone payments, and a fixed transfer price for product supplied. Fosun will also support additional indication applications for avatrombopag in China.
Source: China Biotoday
