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Simcere Announces Third Drug Development Partnership with BMS

publication date: Jun 14, 2013
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Simcere Pharma has formed a third drug development collaboration with Bristol-Myers Squibb. For the first time, the project involves a biologic molecule: a subcutaneous formulation of Orencia®, a treatment for rheumatoid arthritis. Orencia is already approved for use in the US, Europe and Japan. Simcere will be responsible for obtaining China approval of the drug. Then, the two companies will co-market Orencia in China, sharing profits and losses. More details....

Stock Symbols: (NYSE: SCR) (NYSE: BMY)

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