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DuChemBio Co. Ltd., advised by BGM, has signed an Exclusive Development and Licensing Agreement with Yantai Dongcheng Pharmaceutical Group Co., Ltd. for a diagnostic radiopharmaceutical, [18F]FP-CIT,  in China and in the special administrative regions

17/1/2020

 
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​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. 
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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)

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