WuXi STA and Dizal Pharma ink strategic CMC partnership

21 May 2019

STA Pharmaceutical (WuXi STA), a subsidiary of WuXi AppTec, and Dizal Pharmaceutical (SHA: 603259), a biotechnology company, today announced a strategic partnership, sending the Chinese firm’s shares up 3.35% to 81.12 renminbi by mid afternoon trading.

Under the terms of the collaboration, WuXi STA will become the preferred contract development and manufacturing organization (CDMO) partner of Dizal Pharmaceutical for GMP production, providing integrated CMC (Chemical, manufacturing and Control) process research and manufacturing services from API to drug product.

Dizal Pharmaceutical is a research-based biotechnology joint venture company between Anglo-Swedish pharma major AstraZeneca (LSE: AZN) and Advanced Manufacturing Industry Investment Fund (FIIF) managed by private equity firm China Sate Development & Investment Corp, dedicated to the discovery, development and commercialization of first-in-class/best-in-class medicines. Since its inception in October 2017, Dizal has worked closely with WuXi STA on CMC for an innovative drug.

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