TaiGen and HEC Start China Phase III Trial of Dual-Drug HCV Treatment

China's auto, internet giants set up 9.76 billion yuan fund to invest in ride-sharing industry,中国汽车及互联网巨头设立97.6亿元基金,用于投资共享出行行业
Published on: Apr 25, 2019
Author: Amy Liu

TaiGen Biotech, a Taipei infectious disease company, has started a China Phase III trial of a combination treatment for chronic hepatitis C. In 2016, TaiGen formed a $102 million JV with YiChang HEC ChangJiang to develop the oral dual-drug, direct-acting antiviral HCV treatment. TaiGen contributed China rights to furaprevir for a 49% stake in the JV, while HEC transferred China rights for yimitasvir, plus an undisclosed amount of cash, for 51% ownership. The companies expect to complete the Phase III trial in 2020.

Source: China Biotoday

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