Russia's Biocad to start production of drugs in China
Russian drugmaker Biocad has announced its plans to start production of drugs in China, which may take place already in the coming months, reports The Pharma Letter’s correspondent.
Production will be established in partnership with local Shanghai Pharmaceuticals and will take the form of a joint venture.
Under the terms of the agreement reached between the sides, the partners will organize the production of at least six drugs for the treatment of chronic lymphocytic leukemia, colorectal cancer, lung cancer, breast, psoriasis, ankylosing spondylitis, and some other diseases. At least two of such drugs will be original, though the names are not disclosed.
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