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China's Asieris Pharma Lands $14 Million for Genito-Urinary Tumor Treatments

05:10 EDT 27 Mar 2020 | ChinaBio Today

Asieris Pharma, located in Taizhou's China Medical City, raised $14 million in a C round to advance its genito-urinary tumor treatments. Its lead candidate, a novel treatment for non-muscular invasive bladder cancer, has completed China Phase III trials and a US Phase I trial. Unlike other treatments for the condition, usually bladder resection, APL-1202 is convenient, painless and does not cause damage to the urethra. A repurposed oral inhibitor of MetAP2, APL-1202 is a 50-year-old wide spectrum antibiotic that had been shown to have an anti-angiogenesis effect. More details....

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