Mycenax Biotech of Taiwan, a protein drug development company, reported TuNEX its biosimilar version of etanercept, a rheumatoid arthritis and psoriasis treatment, successfully completed a Phase I trial in South Korea and a Phase I/II trial in Taiwan. Etanercept is a TNF inhibitor marketed as Enbrel by Amgen (NSDQ: AMGN) and Wyeth (NYSE: WYE) and in Japan by Takeda Pharma. More details...

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