ARTICLE | Company News
Ascletis gets China license for Presidio HCV candidate
November 12, 2014 2:16 AM UTC
Presidio Pharmaceuticals Inc. (San Francisco, Calif.) granted Ascletis Pharmaceuticals Co. Ltd. (Hangzhou, China) exclusive development and commercialization rights to HCV candidate PPI-668 in China, Taiwan, Hong Kong and Macau.
Presidio received an undisclosed upfront payment and is eligible for milestones and tiered royalties. It retains ex-greater China rights to PPI-668, a second-generation HCV NS5A protein inhibitor in Phase II testing in the U.S. ...