Cartherics grants Shunxi license for CAR-T cell therapy in China
Privately-held Australian biotech Cartherics has granted Shunxi Holding Group a license to develop, manufacture and commercialize its autologous CAR-T cell product, CTH-004, for multiple solid tumors including ovarian cancer in Greater China.
CTH-004 has shown promising results in animal models of ovarian cancer and will be evaluated in a clinical trial under a research and development collaboration with the Peter MacCallum Cancer Centre, announced earlier this year.
Alan Trounson, Cartherics chief executive and one of Australia’s leading embryologists with expertise in stem cell research, said: “We are pleased to see this potentially effective therapy for ovarian cancer being adopted and trialled in China, where there are many women suffering the heavy burden of ovarian cancer.
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