Tasly Pharmaceutical Signs Cooperation Deal for CAR-T Drug

MT Newswires Live03-20 10:57

Tasly Pharmaceutical (SHA:600535) signed a cooperation agreement for the research and development and marketing of a dual-target CAR-T, according to a Shanghai bourse filing on Friday.

The contract was signed with Beijing Neurosurgical Institute and Beijing Renceng Neuro-Oncology Biotechnology Engineering Research Center.

All parties will develop the drug, sharing research and development costs of up to 240 million yuan. Tasly exclusively owns the manufacturing and commercialization of the drugs.

The drug, which is undergoing phase I clinical trials, was developed for the treatment of recurrent glioblastoma. It is targeting CD44 and/or CD133.

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