CASI Forms Alliance with Yiling to Manufacture Two Generics for China

Published on: Jun 21, 2018
Author: Amy Liu

CASI Pharma has reached a long-term agreement with a subsidiary of Shijiazhuang Yiling Pharma to manufacture two generic drugs, entecavir and cilostazol. In January of this year, CASI acquired rights to a 29-drug package of generics with abbreviated new drug applications from Sandoz, a Novartis subsidiary. CASI plans to market the drugs in China, the US and other global markets. CASI is headquartered in Maryland with R&D operations in Beijing.

Source: China Biotoday

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