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.
BioSense, a New Jersey-Suzhou biopharma, acquired Greater China rights to a Rexahn treatment for pancreatic cancer in a deal potentially worth $226 million. BioSense, which will fund all development and commercialization costs for RX-3117 in Greater China, also agreed to start Phase II tests in up to three additional indications for RX-3117 not previously studied by Rexahn. RX-3117 is a novel oral small-molecule nucleoside compound that inhibits both DNA and RNA synthesis, which induces apoptosis.
Source: China Biotoday
