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BrightGene Copying Gilead's Remdesivir, Says It Wants to In-License the Anti-Viral

publication date: Feb 12, 2020

BrightGene Bio-Medical of Suzhou has synthesized the API of remdesivir, a Gilead drug that has started China Phase III trials to treat patients infected with the COVID-19 virus. Gilead owns IP on the drug, so the announcement produced worry that BrightGene may infringe on Gilead's patent. BrightGene said it already has mass-produced remdesivir's API and is in the process of turning it into finished doses. The company further declared it intends to license the drug from Gilead, though it isn't clear that any negotiations have begun. More details....

Stock Symbols: (SHA: 688166) (NSDQ: GILD)

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