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Ascletics' Novel HCV Treatment is Approved by CFDA

06:36 EDT 14 Jun 2018 | ChinaBio Today

Ascletis Pharma of Hangzhou reported that its lead drug, Ganovo® (danoprevir), an innovative treatment for hepatitis C, was approved by the CFDA. Ganovo is the first direct-acting anti-viral agent (DAA) developed by a China company to be approved. Ganovo works by inhibiting the NS3/4A protease that is critical to HCV replication. Ascletis plans to combine Ganovo with another of its candidates, ravidasir, to offer an all-oral HCV treatment with a near-100% cure rate. One month ago, Ascletis filed to stage an IPO on the Hong Kong exchange. More details....

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