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Ascletis In-Licenses China Rights to an HCV Treatment from Medivir

21:58 EDT 18 Aug 2017 | ChinaBio Today

Ascletis of Hangzhou has in-licensed a third HCV treatment. Its latest acquisition is a nucleotide polymerase inhibitor from Medivir AB of Sweden. Ascletis acquired greater China rights for the antiviral, a NS5B inhibitor that has not yet started clinical trials. Ascletis' two other HCV treatments are in late-stage development, and the company hopes to market an all-oral, non-ribavirin combination HCV treatment in China soon. Ascletis made an upfront payment to Medivir and will pay milestones and royalties, though details of the agreement were not disclosed. More details....

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