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CFDA approves Phase I clinical trial for Sirona's SGLT-2 inhibitor
August 29, 2018
By: Tim Wright
Editor-in-Chief, Contract Pharma
Sirona Biochem has received a $500,000 milestone payment from partner Wanbang Biopharmaceuticals for approval by the China Food and Drug Administration (CFDA) of the Phase I clinical trial for Sirona’s SGLT-2 inhibitor. Sirona’s SGLT-2 inhibitor, TFC-039, will continue to be developed for the treatment of Type 2 diabetes. Since the two companies signed a licensing agreement in 2014, Sirona Biochem has secured $1.5 million in development milestones from Wanbang. Shortly after the a...
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