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

publication date: Apr 25, 2019

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. More details....

Stock Symbols: (TWO: 4157) (HK: 1558)

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