YANTAI/SEOUL, December 27th, 2019 – Yantai Dongcheng Pharmaceutical Group Co., Ltd. (YDP) and DuChemBio Co. Ltd. (DCB) have entered into an Exclusive Development and Licensing Agreement for a diagnostic radiopharmaceutical, [18F]FP-CIT, for the People’s Republic of China and the special administrative regions of HongKong and Macao. The diagnostic radiopharmaceutical will be produced by Nanjing-based Dongcheng-AMS, a wholly owned subsidiary of YDP.
Under this Agreement, YDP will assume responsibility for the development and registration of the proprietary PET/CT – tracer in the assigned Territory. Dongcheng-AMS via its network of GMP-standard radiopharmacies, will also manufacture the tracer and commercialize the finished diagnostic product to Nuclear Medicine departments & Molecular Imaging centers across the country.
The Parties have agreed to closely collaborate in the clinical development and scientific promotion of the [18F]FP-CIT tracer to the Nuclear Medicine and Neurology communities.
Press Release (Korean and Chinese)
Under this Agreement, YDP will assume responsibility for the development and registration of the proprietary PET/CT – tracer in the assigned Territory. Dongcheng-AMS via its network of GMP-standard radiopharmacies, will also manufacture the tracer and commercialize the finished diagnostic product to Nuclear Medicine departments & Molecular Imaging centers across the country.
The Parties have agreed to closely collaborate in the clinical development and scientific promotion of the [18F]FP-CIT tracer to the Nuclear Medicine and Neurology communities.
Press Release (Korean and Chinese)
