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Biocytogen Re-organizes into Preclinical Service and Drug Discovery Divisions

publication date: Aug 31, 2023

Beijing Biocytogen Pharma restructured its various operations into two major business divisions: “BioMice™” for the company’s wide range of preclinical services, and an unnamed division specializing in discovery of novel antibody drugs for out-licensings and partnerships. The company said it would release more information about the drug discovery division soon, which could mean a spin-out, eventual IPO, or maybe just a division name. Using its proprietary mice platforms, Biocytogen discovers fully human monoclonal and bispecific/multispecific antibodies and nanobody drugs. Biocytogen has signed 50 therapeutic antibody co-development/out-licensing/transfer agreements and 42 RenMiceTM licensing projects worldwide. More details....

Stock Symbol: (HK: 02315)

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