STA Pharmaceutical Co., Ltd., a WuXi AppTec Company (WuXi STA)–and BioNova Pharmaceuticals (Shanghai) Ltd. ("BioNova") recently announced the signing of a collaboration agreement to jointly accelerate the development and manufacture processes for BioNova's innovative oncology medicines. Ye Hua, M.D. MPH, Founder, Chairman & CEO of BioNova, Steve Yang, Ph.D., Co-CEO of WuXi AppTec and Xiaoyong Fu, Ph.D., WuXi Chemistry CTO (Chief Technical Officer), and Head of API business attended the signing ceremony.
BioNova is a fast-growing biopharmaceutical company that is committed to developing and commercializing innovative medicines for cancer and other life-threatening diseases. The company pipeline is built on internal R&D programs, collaborations with, and acquisitions from partners of cutting-edge technology. BN101 (KD025) is one asset, originated by Kadmon Holdings (NYSE: KDMN) for which the two companies entered into a strategic partnership in 2019 to develop and commercialize for graft-versus-host disease (GVHD) in China. Currently, BioNova is conducting a Phase 2 BN101 clinical trial in China.
Risk assessment, partner selection, and reliable and efficient CMC work are the key factors to the success of these in-licensing programs. With industry-leading capabilities and expertise, WuXi STA, through many years of successful experience in the in-licensing programs, has unique quality and technical advantages. WuXi STA's platform will enable BioNova to accelerate new drug innovation as well as localization for licensed-in products towards commercialization.
"We are delighted to establish this strategic collaboration with WuXi STA. As a leading CDMO company, WuXi STA is well known for its world-class scientific and technical strengths and expertise in the industry. With the support of industrial leading end-to-end service from WuXi STA, we look forward to expeditiously driving our development stage innovative drugs towards the clinic to fill the gap of unmet medical needs worldwide." said Ye Hua, M.D., Founder, Chairman & CEO of BioNova.
"It's an honor to become a strategic partner of BioNova. This collaboration once again demonstrates that our integrated CMC platform is highly trusted by the customers. We are looking forward to accelerating BioNova's innovative drug development and ultimately benefit global patients." said Dr. Minzhang Chen, Co-CEO of WuXi AppTec.
WuXi STA (stapharma.com), a subsidiary of WuXi AppTec (wuxiapptec.com), is a leading pharmaceutical development and manufacturing capability and technology platform company serving the life sciences industry, with global operations. As a premier contract development and manufacturing organization (CDMO), WuXi STA offers its worldwide partners efficient, flexible, and high-quality solutions for integrated chemical, manufacturing, and control (CMC) from preclinical to commercial.
For more information, please visit:http://www.STApharma.com.
BioNova Pharmaceuticals (Shanghai) Ltd. is a privately held clinical-stage biopharmaceutical company dedicated to the development and commercialization of innovative medicines for cancer and other life-threatening diseases with high unmet medical needs. Headquartered in Shanghai, BioNova is a fast-growing company of which robust pipeline is built upon internal R&D programs, collaborations with and acquisitions from partners of cutting-edge technology. With a highly capable and seasoned team in combination with substantial funding, BioNova is committed to delivering high-quality innovative medicines to patients in China and globally.
For more information, please refer to https://www.bionovapharma.com.