PharmaEssentia looks to broaden focus with checkpoint blocker deal
Taiwanese biotech company PharmaEssentia (TPEx: 6446) has entered into a license agreement with the Irish business of WuXi Biologics (2269. HK) for a new immune checkpoint inhibitor.
PharmaEssentia, a company focused on developing new biologics in hematology and oncology, has bought global exclusive rights to research, develop, manufacture and commercialize the myeloid-targeting candidate.
It is a time of considerable change for the Taipei-based firm, as new approvals for its Besremi (ropeginterferon alpha-2b) are secured, starting with the US Food and Drug Administration in 2021.
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