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Group Real-Time Dynamics And Cutting-Edge Information In The Field Of One Health

Healthy Yuan and Chengdu Jinruijiye signed a Strategic Cooperation Memorandum to cooperate in the field of innovative drugs

Published Time:

2023-05-08

Recently, Joincare Pharmaceutical Group Industry Co., Ltd. (hereinafter referred to as " Jiankangyuan ) and Chengdu Jinruijiye Biotechnology Co., Ltd. (hereinafter referred to as " Jinrui ) signed a "Strategic Cooperation Memorandum" to carry out strategic cooperation on some of Jinrui's project achievements and the innovative drug R&D fields of mutual interest. Both parties will leverage their respective strengths to jointly develop innovative drugs in authorized development of advantageous product indications future market sales cooperation of cooperative project products and capital investment cooperation etc. On the same day, both parties also signed a "Technical Cooperation and R&D Agreement" for Jinrui's J RF106 project.

JRF106 inhalation solution is a Class 1 new drug independently developed by Jinrui, with the planned clinical indication being pulmonary edema. The JRF106 inhalation solution is currently undergoing pre-clinical research, and is planned to submit a pre-IND application in Q2 2023. Both parties agreed to subsequently carry out clinical research cooperation on this project, with Jiankangyuan obtaining the production and sales rights in mainland China, and Jinrui participating in sales revenue sharing. Both parties agreed to closely cooperate on research for other new indications, new dosage forms, and compound preparations under the J RF106 project.

Chengdu Jinruijiye Biotechnology Co., Ltd. is a pharmaceutical technology company focusing on the R&D of anti-tumor, autoimmune, and respiratory disease drugs. The company has a professional R&D team led by many senior experts in the industry, committed to addressing unmet urgent clinical needs and developing innovative drugs with clinical advantages and market potential. After more than ten years of accumulation and development, it has developed and deployed more than ten research products with global competitiveness and market potential, including global first-in-class and me better drugs and several varieties have entered the clinical stage.

Jiankangyuan Pharmaceutical Group was founded in 1992, and under the dual drive of innovation and high-barrier technology platforms, it has now become an innovative and research-oriented comprehensive pharmaceutical group. The group owns two large listed companies, Jiankangyuan and Lizhu Pharmaceutical, and more than 20 major subsidiaries. The group has always adhered to technological innovation as its strategic foundation, and aims to build a dual-drive strategy of innovative drugs and high-barrier complex preparation technology platforms. It has made rich pipeline layouts around areas with significant clinical needs, such as respiratory, digestive tract, assisted reproduction, mental, and tumor, forming a rich and diverse product matrix and R&D drug pipeline. Currently, it has deployed 4 major innovative high-barrier complex preparation R&D platforms.

In this signing, both parties, based on the principles of mutual complementarity, mutual benefit, and equal cooperation, will fully utilize Jinruijiye Biotechnology's advantages in scientific research and Jiankangyuan's advantages in industrialization, commercialization, and respiratory diseases to jointly develop innovative drugs. This is in line with both parties’ strategic development plans.

Source: Daily Economic News