NXDC announces acquisition by German biotech firm
PHN is the licensor of Gleolan (aminolevulinic acid HCl (ALA)) to NXDC. The companies share an eight-year working relationship. PHN is engaged in the development of drugs that
China’s National Medical Products Administration (NMPA) has granted marketing authorisation for Bio-Thera Solutions’ BAT2506 to treat ankylosing spondylitis and rheumatoid arthritis.
The companies are partners on a grant titled, "A novel small molecule approach to enhance cancer immunotherapy." Their research plan proposes to develop small-molecule drugs that will stimulate